Why is the Mt.Gox price higher than other exchanges?

Bitcoin Forum > Economy > Trading Discussion > Why is the Mt.Gox price higher than other exchanges?

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Topic: Why is the Mt.Gox price higher than other exchanges? (Read 515 times)

forbun (OP)

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Why is the Mt.Gox price higher than other exchanges?

September 16, 2013, 08:21:41 AM

Can someone do the math here, how wide does the spread need to be for it to be a viable arbitrage opportunity?

What name would you give to the smallest unit of bitcoin (0.00000001)? sat. What name would you give to 100 sats? bit. 1 bit = 1 uBTC. 1,000,000 bits = 1 BTC. It's bits

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MrVivaldi

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Re: Why is the Mt.Gox price higher than other exchanges?

September 16, 2013, 08:34:49 AM

This is simple economics, basically it has to do with the time value of money.

atlosas

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Re: Why is the Mt.Gox price higher than other exchanges?

September 16, 2013, 09:01:33 AM

Because you can't withdraw money from it

Love btc

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Re: Why is the Mt.Gox price higher than other exchanges?

September 16, 2013, 12:07:46 PM

Quote from: atlosas on September 16, 2013, 09:01:33 AM

Because you can't withdraw money from it

I agree with you~

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