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Author Topic: price disparity of BTC on different exchanges  (Read 743 times)
kenstu22 (OP)
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August 20, 2013, 04:41:56 PM
 #1

Does anyone now why the price of BTC/USD is currently about $120 on Gox and closer to $100 on the other exchanges?

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Ken
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August 20, 2013, 04:46:44 PM
 #2

It's believed that MT Gox. doesn't have cash on hand so people are buying Bitcoin to transfer out.

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August 26, 2013, 03:05:23 AM
 #3

Because if you sell on Gox, the only way to get cash out is to wait 6+ weeks.   It is a big cash tap right now and everyone is losing.
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