Why Bitfinex is that much more than other sites?

[hase0278]

As far as I know bitfinex have much more than other sites just because many use it and don't dump their btc that often. Another reason is this current problem in bitfinex since no one can deposit at their exchange right now and because of it dumping strength there is lessened as well as buy. If that is fixed I'm sure a dump will happen at bitfinex.

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[South Park]

Why Bitfinex is at 1263 and Bitstampt at 1210?

Because people cannot get their money out of there with wire so they are buying bitcoin and getting out of there as fast as they can, I also suppose that we are seeing something similar to what happened in the past with Mt. Gox.

[Genemon]

Why Bitfinex is at 1263 and Bitstampt at 1210?

Because people cannot get their money out of there with wire so they are buying bitcoin and getting out of there as fast as they can, I also suppose that we are seeing something similar to what happened in the past with Mt. Gox.

That could happen. However, it seems the spread has reduced a bit.

[richardsNY]

Why Bitfinex is at 1263 and Bitstampt at 1210?

Because people cannot get their money out of there with wire so they are buying bitcoin and getting out of there as fast as they can, I also suppose that we are seeing something similar to what happened in the past with Mt. Gox.

That could happen. However, it seems the spread has reduced a bit.

Instead of around $100 in difference, it's now around $80. It doesn't mean anything unless the premium will drop further in the coming days. If that would happen without public notice, then the chances are high that certain entities know something that others don't -- insider trading. MtGox eventually didn't allow people to cash out anything -- no coins, no funds. As long as Bitfinex allows people to cash out digital currencies, people will not panic.

[ASHLIUSZ]

The difference that's been quoted in the price is something similar to that happened with the exchange values of price in India during the time of demonetization that happened during the last few months of the year 2016. But this has been done based on the market requirement, same might be the cause with bitfinex.

[Przemax]

Why Bitfinex is at 1263 and Bitstampt at 1210?

Because people cannot get their money out of there with wire so they are buying bitcoin and getting out of there as fast as they can, I also suppose that we are seeing something similar to what happened in the past with Mt. Gox.

That could happen. However, it seems the spread has reduced a bit.

Instead of around $100 in difference, it's now around $80. It doesn't mean anything unless the premium will drop further in the coming days. If that would happen without public notice, then the chances are high that certain entities know something that others don't -- insider trading. MtGox eventually didn't allow people to cash out anything -- no coins, no funds. As long as Bitfinex allows people to cash out digital currencies, people will not panic.

The clients and an exchange itself will not panic as long as there will be a people sending bitcoins there with a hope of easy money on arbitrage. From an exchange stand point of view its not a big deal if they are going to give someone else bitcoins.