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Author Topic: Differences in btc value?  (Read 2246 times)
yanlap
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December 16, 2017, 07:31:56 PM
 #21

Why there are significant differences in current BTC value between different exchanges.

As you said bitcoin value is different from exchange to exchange this kay due to the traders who are going to sell their bitcoins so they might fix the value,in some exchanges the price is higher than the market value of bitcoin,so if you are a going to purchase or want to sell you bitcoins need to search different exchanges for getting more profits.
Yeah the more you will search the more profit you will get and it is not good to just go and sell it is good to wait long till bitcoin price will be stable for some time. If you are not finding right person to buy your bitcoin is not the end just go for other people and say about bitcoin. It is now helping a lot of people that they have patience and they can wait for perfect time and perfect person to sell their bitcoin.
@matthew17
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December 16, 2017, 08:34:11 PM
 #22

Btc or bitcoin value changes everyday or increases everyday but sometimes it also decreases .
MoonJeina
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December 17, 2017, 05:00:35 PM
 #23

The differences are obviously because of currency difference . For the currency differences there will be different prices and values for bitcoin .
This also depends upon the supply and the demand of bitcoin in different parts of world . Due to the growth of the demands the value for different exchanges increases simontaneouy . Bidding can also influence the decision making.

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Yakamoto
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December 17, 2017, 05:24:39 PM
 #24

Why there are significant differences in current BTC value between different exchanges.
It comes down to the natural price differences due to arbitrage being a challenge for the Bitcoin network, due to confirmation times and everything. It also comes down to choices on the exchanges too, since exchanges are almost closed systems and don't experience any significant influence from the outside as they are quite limited in their incoming Bitcoin (most of the time) and a lot of Bitcoin is exchanged within whatever exchange it goes to; it doesn't move around a lot.

There are also some issues with having money in other currencies or countries that you would not necessarily be able to access all the time.
KaliLinux
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December 17, 2017, 05:54:10 PM
 #25

Why there are significant differences in current BTC value between different exchanges.
Its a simple strategy which is common for any market. Totally based on the supply and demand.
If the usage is high it will automatically create a demand which increases the price automatically. In my region its bit high compared with other countries. It is applicable in any market or a product. If you want to learn more about various sector just google Economics and study about that. You can learn about various statistical analysis specifically about bitcoin.
swaptaker
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December 17, 2017, 06:02:13 PM
 #26

Why there are significant differences in current BTC value between different exchanges.
It comes down to the natural price differences due to arbitrage being a challenge for the Bitcoin network, due to confirmation times and everything. It also comes down to choices on the exchanges too, since exchanges are almost closed systems and don't experience any significant influence from the outside as they are quite limited in their incoming Bitcoin (most of the time) and a lot of Bitcoin is exchanged within whatever exchange it goes to; it doesn't move around a lot.

There are also some issues with having money in other currencies or countries that you would not necessarily be able to access all the time.

Arbitrage is really expensive, you need capital in fiat money and bitcoins to make simultaneous transactions between different exchanges. And each excahnge is independent from each other and they're free. So it's normal to see price differences between them.
laluna24
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December 17, 2017, 06:09:18 PM
 #27

Btc or bitcoin value changes everyday or increases everyday but sometimes it also decreases .
Yes btc may differs of price everyday, but the point is it differs from other exchange because of most said the active traders. Also, the demands on that exchange that btc keeps increasing or very active the price.
pushkarmore
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December 17, 2017, 06:14:16 PM
 #28

Don't worry about this, use it as an opportunity to earn good money by selling the coins from one exchange to another exchange where rates are pretty good and higher comparing to other websites.In India, i am using the zebpay app where the rates of bitcoin are higher compared to other websites, so I use to sell my signature campaigns payment here to get good returns.
gredisgold88
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December 17, 2017, 06:51:44 PM
 #29

laying on sell and buy every market has a fairly price difference, it depends on the users of the exchange.
bitcad4u
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December 17, 2017, 08:11:34 PM
Last edit: December 18, 2017, 04:03:51 AM by bitcad4u
 #30

laying on sell and buy every market has a fairly price difference, it depends on the users of the exchange.





The price of bitcoin is varing every day and you need capital in fait money and bitcoin to make a simultaneously transaction between different exchanges and each exchange are independent  from each other so it's normal to see price differences between them.So sell your bitcoin when the price is high.
Gozie51
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December 17, 2017, 08:47:58 PM
 #31

Why there are significant differences in current BTC value between different exchanges.

The reason is not far fetched. Everything about bitcoin is related to economical theories and to maximize profits. Therefore, this is why there are differences because every exchanger likes to take the advantages or opportunities provided by the laws of demand and supply .

They tend to increase there prices base on the demands on their tables.
CyberKuro
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December 17, 2017, 09:04:28 PM
 #32

The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

Indeed, especially in some countries which facing economics or political issues which fiat currency devalued happens rapidly such as in Zimbabwe recently.
Last month’s expensive bitcoin is this month’s cheap bitcoin, and the intense demand for the digital currency has since pushed it to over $19,000 globally as of this writing. The premium that’s been in place at the continent’s Golix exchange remains in place though. As a consequence, one bitcoin there is currently trading for around $32,000, down slightly from a peak of $34,000. https://news.bitcoin.com/bitcoin-trading-40-premium-africa-heres/
Can you imagine, bitcoin worth $19,000 on most exchanges across the world but not in Africa, almost doubled in price. That's the power of a decentralized digital currency.
BartS
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December 17, 2017, 09:22:09 PM
 #33

Why there are significant differences in current BTC value between different exchanges.
People often talk about supply and demand, but you need to understand that supply and demand are not only general concepts but they can be local concepts, as an example, gasoline may have a price but if suddenly there is a shortage in a city then it is natural that the price will go up since in that particular city gasoline is scarce and the same happens to exchanges and bitcoin.
henmark
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December 20, 2017, 10:42:52 AM
 #34

Bitcoin value now is more different from exchange becuase traders choice if what value they want to exchange. Bitcoin is much more value now, so in exchange for sure it is much more different. So for us, we want more much value of bitcoin, but for tge traders, they dont want the value of bitcoin will rise high.
Why it is so? Why this two faced strategy? I have heard from the very first day here that traders always want high prices. Who are those people who want high prices? We? Aren’t we traders and investors? Man you just messed up everything. I think you need to learn something better and then tell what is right and what is wrong. You may be on some weird knowledge. Update yourself.
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December 22, 2017, 10:22:37 PM
 #35

Why there are significant differences in current BTC value between different exchanges.
It comes down to the natural price differences due to arbitrage being a challenge for the Bitcoin network, due to confirmation times and everything. It also comes down to choices on the exchanges too, since exchanges are almost closed systems and don't experience any significant influence from the outside as they are quite limited in their incoming Bitcoin (most of the time) and a lot of Bitcoin is exchanged within whatever exchange it goes to; it doesn't move around a lot.

There are also some issues with having money in other currencies or countries that you would not necessarily be able to access all the time.

Arbitrage is really expensive, you need capital in fiat money and bitcoins to make simultaneous transactions between different exchanges. And each excahnge is independent from each other and they're free. So it's normal to see price differences between them.
Not only that you need to have a bunch of accounts in many exchanges and countries and you also need to have a substantial amount of money so you are able to benefit from those differences in those prices, and you also need to have some way to do this automatically since doing this by hand is going to be impossible so as we can arbitrage is something that is going to take a significant amount of effort to do it right.
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May 23, 2018, 03:37:30 PM
 #36

The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.

I agree on you mate, that would always depends on the demand  because it the status of bitcoin is the higher the demand the higher the supply of the value. That would always depends, just like for example if you have token you couldn't dump easily you must observe first the movement or the cycle of the coin if their is value already. The many investors will come over the higher the value of the bitcoin.

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Yantoaja
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May 23, 2018, 03:47:15 PM
 #37

Maybe every exchange has its own supply and different and have different enthusiasts. But I think the difference in value is not too far and significant on the exchange.
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May 24, 2018, 04:15:24 PM
 #38

The law of demand and supply says that the price increases if there is a high demand and constant supply and price falls if the supply is more than the demand. This is why the price differs on the exchanges even from the single country. In my country, the demand is usually high so the price is 10% more than that of the international exchanges but that's because buying from the international exchanges cost us 5 to 10% excess amount due to Forex change, bank fees, taxes etc. So yes, there is a difference but that's not the opportunity every time even if there is a difference in the price.
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May 24, 2018, 04:27:03 PM
 #39

I think the cause of the bitcoin price increase is due to the increase in technology promised by bitcoin and it is not impossible if the current cryptocurrency market is dominated by giant financiers and for the difference in value appropriate to other markets if for the price of unity between markets there must be a difference.
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May 24, 2018, 04:34:50 PM
 #40

obviously different, Even the price of each exchange is regulated by the number of offers. if buy more then price will rise, if penwaran behavior more then price will move down. but any exchange with the same coin will not have much price difference.
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