exchanges - disparity of price

[randayh]

Bitstamp: 620.1
Mt.Gox: 727.9
BTC-e: 606.1
BTCChina: 844.58/5150

Does anyone know why there is such a huge price difference from each exchange? I still don't understand why no one is taking the opportunity to profit from the price spread.

[Keyser Soze]

Bitstamp: 620.1
Mt.Gox: 727.9
BTC-e: 606.1
BTCChina: 844.58/5150

Does anyone know why there is such a huge price difference from each exchange? I still don't understand why no one is taking the opportunity to profit from the price spread.

You can't get your dollars out of MtGox
Hard to get your dollars into BTC-e
Can't move a significant amount of fiat out of China.

[DeathAndTaxes]

There would be no disparity if it was easy to do.   If you could easily get USD out of MtGox and into BTC-e the price difference would be tiny.  The reality is you can't and thus it isn't.

[lucasjkr]

Not to mention campbx needs you to pick up a postal money or just mail a check (ach to come in two days). And coinbase, you can sell at today's price, but if you buy you have no idea what you're going to fill at, 4 days from now.

Basically liquidity is not your friend here. If you could wait for your money, though, you'd make tremendous returns buying at campbx or coinbase, and selling at mtgox, but from the sounds if it you could be waiting quite a while before the funds reach your account so you can trade again...

[wopwop]

Mark Kerpeles of MtGox is leading the way!

[Keyser Soze]

Not to mention campbx needs you to pick up a postal money or just mail a check (ach to come in two days). And coinbase, you can sell at today's price, but if you buy you have no idea what you're going to fill at, 4 days from now.

Basically liquidity is not your friend here. If you could wait for your money, though, you'd make tremendous returns buying at campbx or coinbase, and selling at mtgox, but from the sounds if it you could be waiting quite a while before the funds reach your account so you can trade again...

When you buy on Coinbase you lock in the price when you place the order.

[Kouye]

When you buy on Coinbase you lock in the price when you place the order.

Yes, but they tend to cancel your trade when it's not in their favor after a few days.

[Keyser Soze]

When you buy on Coinbase you lock in the price when you place the order.

Yes, but they tend to cancel your trade when it's not in their favor after a few days.

I figured that would be a response.  Personally haven't had a trouble with them, but I hear some people have.

[Kouye]

Personally haven't had a trouble with them, but I hear some people have.

That's how you run a scam. Fuck 20%, please 80%.

[marcotheminer]

It sucks, such a big price gap

[Pangia]

Mark Kerpeles of MtGox is leading the way!

Which way would that be? Towards the exit with our USD?