Bitcoin Forum
May 29, 2024, 01:01:50 AM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.0
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Economy
>
Trading Discussion
>
Bitcoin price discrepancy at different exchanges
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Bitcoin price discrepancy at different exchanges (Read 1431 times)
jdndndndx
(OP)
Newbie
Offline
Activity: 28
Merit: 0
⇾
Bitcoin price discrepancy at different exchanges
January 13, 2014, 04:51:15 AM
#1
Why is there a nearly $100 price difference between BTC prices at Mt. Gox and Coinbase?
Ignorant question: If this price difference exists why can't I just buy BTC all day at one exchange and sell it at the higher priced exchange? I'm new so please just assume ignorance on my part.
keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 05:24:53 AM
#2
some of it has to do with how easy or difficult is is to get money on and off of the exchange
Nagle
Legendary
Offline
Activity: 1204
Merit: 1000
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 05:49:22 AM
#3
Quote from: jdndndndx on January 13, 2014, 04:51:15 AM
Why is there a nearly $100 price difference between BTC prices at Mt. Gox and Coinbase?
Because you can't get dollars out of Mt. Gox. They've been in default for over six months. See
this thread
.
patricktim
Sr. Member
Offline
Activity: 434
Merit: 250
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 05:52:11 AM
#4
what about price difference between Mt. Gox and btc-e?
bit
★
Stars
-
Follow the Stars
Bitcoin Casino | Live Casino & Exclusive land-based slots | Biggest win to date:
66.96 BTC
| 100% First Deposit Bonus | Instant Transfers | Fast | Secure
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 05:56:34 AM
#5
Use the search button in the future, this has been asked many times over.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼
Bitcoin Core
(
onion
)
darcimer
Member
Offline
Activity: 66
Merit: 10
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 05:58:27 AM
#6
I can't even get the bitcoins I deposited back.
ranran1102
Newbie
Offline
Activity: 3
Merit: 0
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 06:01:42 AM
#7
dears, i agree with yr idea, so therefore what's yr location ? different place has different price, what do you think of
to use BTC to be purchase something useful valuable else ?
illpoet
Sr. Member
Offline
Activity: 341
Merit: 250
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 08:36:36 AM
#8
yeah pretty much everyone has asked the btc-e/mtgox question when they first get into it. many many ppl have tried to work out an arbitage situation but its very difficult. There was a small window of time when you could easily get usd onto btc-e from the united states and also get bitcoins/usd off of mtgox easily/quickly and the price difference pretty much disappeared overnight. Then bitinstant stopped funding btc-e.com and the price dif went back up. then mtgox started defaulting/taking forever to wire money to the us and the price dif went drastically up. The truth is its damn near impossible to get usd onto btc-e if you are a us citizen. Theres been much speculation that the btc-e admins do this intentionally bc they are afraid of uncle sam, and they should be. Mtgox's current problems are 100 percent due to us govt interference. Whatever the reason, the difficulty is what drives the price on btc-e down and the price on mtgox up. So there you have it. There are actually pretty decent arbitage opportunities now if you look towards the newer/smaller exchanges springing up that are us regulator friendly like coinmkt.com or litetree.com but to do it you have to have a good amount of btc/ltc already.
Tym's Get Rich Slow scheme: plse send .00001 to
btc: 1DKRaNUnMQkeby6Dk1d8e6fRczSrTEhd8p ltc: LV4Udu7x9aLs28MoMCzsvVGKJbSmrHESnt
thank you.
kwoody
Sr. Member
Offline
Activity: 454
Merit: 250
Technology and Women. Amazing.
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 09:49:59 AM
#9
MtGox has held some of my money hostage for a while now. $8,125.78 USD and 29.66 BTC.
Almost enough money to make me want to fly over to Japan and smack them around a bit. Almost.
bitpop
Legendary
Offline
Activity: 2912
Merit: 1060
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 01:35:27 PM
#10
Do it, it's called arbitrage.
Reputation
nestor
Newbie
Offline
Activity: 26
Merit: 0
Re: Bitcoin price discrepancy at different exchanges
January 13, 2014, 07:01:00 PM
#11
They just do this, so we can have fun with arbitrage ;-)
Pages: [
1
]
Print
Bitcoin Forum
>
Economy
>
Trading Discussion
>
Bitcoin price discrepancy at different exchanges
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...