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Author Topic: Why the TH and MTGOX difference?  (Read 931 times)
blogospheroid
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June 21, 2011, 10:37:57 AM
 #1

Hi All,

I'm a newbie, but could someone explain why the difference between the mtgox and th prices? Has mtgox resumed trading?
Is the tradehill price the "correct " one?

th is at 13.78 and mtgox is at 17.51

warm regards,

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June 21, 2011, 11:23:43 AM
 #2

Mtgox is currently closed.  The orderbook will be reset before it reopens.

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June 21, 2011, 12:24:14 PM
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but could someone explain why the difference between the mtgox and th
The difference is that TH database is not hacked  Grin Grin Grin
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June 21, 2011, 12:43:03 PM
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I believe the price is based on 'volume'.

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June 21, 2011, 02:14:16 PM
 #5

Hi All,

I'm a newbie, but could someone explain why the difference between the mtgox and th prices? Has mtgox resumed trading?
Is the tradehill price the "correct " one?

th is at 13.78 and mtgox is at 17.51

warm regards,


The price is not "regulated", or (governed) so it all depends on the volume. A basic economic rule - supply and demand.

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