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Author Topic: Why is tradehill 10% cheaper for BTC than mt gox?  (Read 862 times)
bitcoinminer
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June 13, 2011, 02:15:30 AM
 #1

Seems like the trades happen slower, but prices are cheaper... maybe I should buy on one and sell on the other?

Be fearful when others are greedy, and greedy when others are fearful.

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Macho
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June 13, 2011, 02:19:37 AM
 #2

it's probably because not a lot of folks are there and no euro transfer so far, first adopters always enjoy some advantages Smiley
DamienBlack
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June 13, 2011, 02:22:23 AM
 #3

People haven't yet gotten money into both exchanges so that they can profit of the price difference. I know I'm working on it. When there are enough people playing both exchanges prices will track to within the commission price.

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bitcoinconnection
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June 13, 2011, 02:23:06 AM
 #4

I think they make money off the spread. Look at the buy/sell quotes.







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June 13, 2011, 02:24:43 AM
 #5

The spread will decrease as volume increases.

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