Bitcoin Forum
July 24, 2024, 11:51:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why the Bitcoin price lower at BTC-E.com than MtGox?  (Read 1041 times)
js2082 (OP)
Member
**
Offline Offline

Activity: 70
Merit: 10



View Profile
April 21, 2013, 07:52:45 AM
 #1

Anyone knows the reason?
CompNsci
Sr. Member
****
Offline Offline

Activity: 332
Merit: 253


View Profile
May 01, 2013, 03:07:07 AM
 #2

Firstly, this is not always so. Occasionally BTC-e is actually higher than Mt. Gox, which is one way to move money into BTC-e.

The difficulty of funding BTC-e, as well as the fact that there is no stated address or identity for the principles, likely has something to do with it.
diddley
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
May 01, 2013, 03:29:20 AM
 #3

Seems almost impossible to get USD into there.  Also maybe the fees are higher?? not sure.
keatonatron
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


Jack of oh so many trades.


View Profile
May 01, 2013, 03:39:50 AM
 #4

Seems almost impossible to get USD into there. 

This. Other exchanges are usually balanced, because many people hold both coins and dollars in multiple exchanges and choose the best offer between them. It's hard to get dollars into BTC-E, and so it's easy to sell btc but hard to buy btc ( = low price)

1KEATSvAhbB7yj2baLB5xkyJSnkfqPGAqk
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!