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Author Topic: Price stability-The end of trading between platforms  (Read 129 times)
hugeblack (OP)
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February 09, 2018, 05:57:06 PM
 #1

In the last 6 months, the price of the Bitcoin has seen great fluctuations between trading platforms "more than 1000$ differance" Which led to the emergence of the sale and purchase of Bitcoin between these platforms at the same time."High fee and long confirmed time"
Recently we have seen price stability

#BTC Average: 8638.60$
#Bitfinex - 8663.00$ - #Poloniex -  #Cryptopia - 8555.00$ - #Bittrex - 8645.00$ - #GateCoin - 8500.00$ 8657.00$ - #Bitstamp - 8704.15$ - #Coinbase - 8540.02$ - #Binance - 8656.88$ - #CEXio - 8800.00$ - #Kraken - 8665.00$


Do you think that this type of trade is over or the price will return to great volatility?

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February 09, 2018, 06:19:39 PM
 #2

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"High fee and long confirmed time"

This is what actually happening and leading to the destroyed trades like that. Yeah, there were many coins apart form he bitcoin which we use to trade on the intra-exchangers so that we can grab the quick profit margin earlier but now everything looks fading to me. There was time when the transaction fee was almost nothing and confirmations were instant but with the increase in the prices everything is collapsing and to be honest thats taking out the fun out of it!

Nice observation by the way and hoping that such volatility might just come back soon as the prices are gearing up themselves and the fees are getting reduced. Im not sure if I remembered it correctly but did this happen after the segwit2x launch? Because that was the chain which splitter the whole thing and caused this stability.

 
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February 09, 2018, 06:30:05 PM
 #3

Quote
"High fee and long confirmed time"

This is what actually happening and leading to the destroyed trades like that. Yeah, there were many coins apart form he bitcoin which we use to trade on the intra-exchangers so that we can grab the quick profit margin earlier but now everything looks fading to me. There was time when the transaction fee was almost nothing and confirmations were instant but with the increase in the prices everything is collapsing and to be honest thats taking out the fun out of it!

Nice observation by the way and hoping that such volatility might just come back soon as the prices are gearing up themselves and the fees are getting reduced. Im not sure if I remembered it correctly but did this happen after the segwit2x launch? Because that was the chain which splitter the whole thing and caused this stability.

I have to say I disagree, I think that high confirmation times and high fees are what allow for there to be disparity in prices across different exchanges. With low fees and low confirmation times arbitrage becomes much easier and more profitable and so it pushes the prices towards parity.

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February 09, 2018, 06:44:46 PM
 #4

While the sidewall and the purchase is held and apparently there will be an attempt to bring the price of 9,000 in the next day or two. Then the resistance line will work and with high probability we will go again to test the bottoms for strength. Hence either up or refresh the lows with access to 5500 and possibly lower. All violas stare at BTC. Miracles from them can hardly be expected.
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February 09, 2018, 07:03:50 PM
 #5

I dont really think it matters since price fluctuations are common in crypto and there have been many such instances when Bitcoin as well as other cryptocurrencies have showed huge volatilities in their prices between different exchanges. This is because of FUD which had been created by many FUDsters and negative news related to crypto. Although there were such instances, the price did again get stable. This happens in crypto and there is nothing much to worry about it.

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February 09, 2018, 10:11:57 PM
 #6

No matter how stable the price will be, there'd still be some kind or differences in prices between different exchanges as they operate with different volumes and each has their own different market conditions. As of now, arbitraging low amounts is pointless, given that the fees and confirmation times aren't in great shape. However if the two things I've mentioned favor traders, then you'll see that the price gap would reduced as traders would surely go where there are profits.

As for the price, it will remain volatile as ever given that bitcoin still remains as a speculative asset and millions of traders are exchanging it as well.

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February 09, 2018, 10:31:10 PM
 #7

I strongly believe that the value of bitcoin will go back to its all time high and can even increase higher than before.   What we are experiencing right now is not price stability but only an opportunity to invest by having a deep drop in bitcoin price. Bitcoin will not have a stable value because its nature is base on volatility.
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February 09, 2018, 11:36:13 PM
 #8

We can say at least about "new trend" started with this temporary stability on all exchanges...and I strongly believe this is up trend - there was too many other signs.
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February 12, 2018, 07:27:47 PM
Last edit: February 14, 2018, 03:08:20 AM by nikjain422
 #9

In the last 6 months, the price of the Bitcoin has seen great fluctuations between trading platforms "more than 1000$ differance" Which led to the emergence of the sale and purchase of Bitcoin between these platforms at the same time."High fee and long confirmed time"
Recently we have seen price stability

#BTC Average: 8638.60$
#Bitfinex - 8663.00$ - #Poloniex -  #Cryptopia - 8555.00$ - #Bittrex - 8645.00$ - #GateCoin - 8500.00$ 8657.00$ - #Bitstamp - 8704.15$ - #Coinbase - 8540.02$ - #Binance - 8656.88$ - #CEXio - 8800.00$ - #Kraken - 8665.00$


Do you think that this type of trade is over or the price will return to great volatility?
I think it is stability in market and would last for months.It has happen before both the fluctuations and the stability.And even this volatility in prices between exchanges in not new atall.As the prices are low right now you might see not a great difference between exchanges bit it will be increasing as the price go here high.
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February 12, 2018, 08:50:09 PM
 #10

Bitcoin was in my opinion never the best cryptocurrency for arbitrage trading. There are other cryptos with faster transactions and low fees. But as soon segwit transfers are the new standard, also little differences could be worth for beeing traded between exchangers.
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February 12, 2018, 08:59:39 PM
 #11

Bitcoin was in my opinion never the best cryptocurrency for arbitrage trading. There are other cryptos with faster transactions and low fees. But as soon segwit transfers are the new standard, also little differences could be worth for beeing traded between exchangers.

It recently has been though. If we look at Zimbabwe, where the market was miles ahead of the rest, and especially the clown show in South Korea with a gap of $5000-$6000, there have definitely been some very interesting arbitrage opportunities. The gap between the western exchanges and those in South Korea lasted for several days, so it's not that Bitcoin's fundamentals were the limiting factor here. Admittedly, these are not the easiest markets when it comes to creating an arbitrage bridge, but those who managed to exploit the +$5000 difference have made themselves a good bit of money. Currently, South Korean exchanges are around $500 ahead of the rest, which is still worth it from my perspective.
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February 12, 2018, 09:45:14 PM
 #12

Bitcoin was in my opinion never the best cryptocurrency for arbitrage trading. There are other cryptos with faster transactions and low fees. But as soon segwit transfers are the new standard, also little differences could be worth for beeing traded between exchangers.

It was the best because it had the highest volume and largest orderbooks. Sure, you see wild variances in other alts but a few BTC worth of orders would clean the slates at most of the small exchanges and dexs. Arbitrage of course works a lot better when markets are adjusting to the volatility of Bitcoin - sure, these recent weeks have seen it stabilise, but try have a peek during the next bear/bull - those variances will become larger.

It will be more difficult to arb trade now with regulations in place - the volumes of South Korean ones will now be closed off to foreigners, but you can always find people looking for a loophole (check out some of the offers for people looking to partner with locals there and on LCB, for example).

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FrueGreads
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February 12, 2018, 10:19:52 PM
 #13

I actually think that the differences between prices remain. The thing is that we were used to see bitcoin at $14K and $15k, or at $16k and $17k, things like that, with the $1k price difference you talked about. But now the bitcoin price is at $8k, so $1k difference at these levels, is not the same as $1k at the other higher values ($1k at $16k is a 6% difference, and $1k at $8k is a 12% difference).

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February 12, 2018, 10:24:27 PM
 #14

It's just a temporary thing, because we are pretty much on the flat right now, as soon as BTC price will start to fluctuate stronger, there'll be a lot of arbitrage opportunities  Wink
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February 12, 2018, 10:28:19 PM
 #15

The market conditions during the previous 3 months have been very unpredictive so I guess that this stability is not permanent and as soon as market is in range again we will see the difference in prices again.
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