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fc_flumpker (OP)
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May 20, 2013, 08:10:25 PM
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Why is it that BTC-E's exchange rate BTC/USD is consistently lower than Mt.Gox and VirCurEx?  As of this posting, BTC-e is 113.71, Mt.Gox is 122.50, VirCurEx is 118.71.
bdub
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May 20, 2013, 08:13:41 PM
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Quote from: fc_flumpker on May 20, 2013, 08:10:25 PM
Why is it that BTC-E's exchange rate BTC/USD is consistently lower than Mt.Gox and VirCurEx?  As of this posting, BTC-e is 113.71, Mt.Gox is 122.50, VirCurEx is 118.71.

Try getting money into BTC-e and you will soon see the reason.  They are supposed to re-enable OKPay deposit in the next day or two (according to this post: https://btc-e.com/news/153 ) so you should see prices becoming more even.
arbitrage001
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May 20, 2013, 08:19:25 PM
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Normally, lower price implies lower demand from local people given that it is harder for foreigner to deposit money in.


Isn't it interesting the most active exchange located in Japan?
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