Bitcoin Forum
November 02, 2024, 03:59:58 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Kraken exchange rate  (Read 551 times)
thelaughinggravy (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
February 13, 2014, 12:16:34 PM
 #1

When I look at Kraken I see:
EUR/XBT: €492.95713 / 1  and USD/XBT $676.58714 / 1

why is it so far above MtGox for example which is W.Avg: 392.95 € / 1

Data as of 13/02/14, 12:16. Am I missing something obvious?

georgeb657
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
February 13, 2014, 02:16:51 PM
 #2

Yes you are. Read up on recent news about Mt Gox and you'll see that if you but Bitcoins there you can't get them out of the exchange. Hence the lower price
thelaughinggravy (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
February 13, 2014, 02:38:01 PM
Last edit: February 13, 2014, 02:52:56 PM by thelaughinggravy
 #3

Hm. Getting out OK. But can't I easily transfer bitcoins? (not cash). So buy into MtGox, shift bitcoins to kraken and sell there for cash? Or is it really hard to get the bitcoins out of MtGox? (I thought the hard thing are cash withdrawals.)

//edit:

ignore the above. So liquidity / uncertainty is really the only driver of prices between exchanges. wow.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!