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stewmath (OP)
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February 17, 2014, 02:51:04 PM
 #1
Hi guys

Ok im totally new so dont flame me if this is a stupid question.

I joined 2 different trading platforms, mtgox and bitstamp. I saw the price per bitcoin on mtgox is £233 per coin ($389), where as to buy a bitcoin on bitstamp is $647

Well doesnt that mean i can buy a coin on mtgox and sell it on bitstamp for nearly twice as much?? Or am i missing something and they are not interchangable? so i cant send my coins from mtgox to bitstamp etc?
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Dr_k_noisewater
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February 17, 2014, 03:16:51 PM
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Here's another thread that may help you out.

http://bitcoin.stackexchange.com/questions/12670/why-dont-people-buy-at-one-exchange-and-sell-at-another
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