$100 price difference between exchanges ...

[alex0808]

found this article which explain why such a difference https://www.ccn.com/whats-causing-2-bitcoin-premium-on-bitfinex-possibility-of-arbitrage/

[ubercool]

There are many reasons for that to happen. A common assumption is that as the crypto is decentralized you cant control over the price or volume but most of the time it is manipulation by group of people or whales.

[Huskarls]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

the number listed on the website and the price of the original market will usually be fast, the average market has its own ability so that prices are similar to other markets. so that people who will arbitrate will think many times, withdrawal fees, confirmation time

[naruto7676]

100$ Is okay for traders like me to start 100$ to invest im trading is enough for me to earm some extra money even you funds is100$ only.

[alex0808]

Unreal, about $800 difference now https://imgur.com/a/bHdiTKV https://coinalyze.net/

[Victorycoin]

Sure, it is possible. Already the price of each digital currency is different in each exchange. It isn't possible to have the same price in all of them, because the demand-supply determines the price and accordingly, the price is different in every exchange.
This is called ''scalping'' and is a way to make some profit. But, the prices are always variable, that's why earning is risky with scalping.

Yes it is very possible to have differences in price across exchanges because there is no central authority that sets or regulates the price,  rather each exchange comes up with their rate based mostly on the demand and supply. However arbitrage is the right word and scalping is something else.

[Altcoins enthusiast]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

There may not be any reason than traders activities or the some other trading issues that is affecting the price in one exchange. That is what traders called arbitrage trading as you can take advantage of buying from one exchange and sell in the second one.

[Google+]

the possibility can happen and the case often happens with some exchange places sometimes not just in bitcoin but some other altcoins that are priced usually have differences and many also use such moments to be able to make a profit, so you can better use the moment is to make purchases and sales in different markets.

[LSt56]

That is a natural thing, because every exchange has different traders and different types of volume. This will affect the demand and supply on a coin in an exchange, many of the traders who use this to seek profit by way of arbitration.

[kakonhat]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

Yes, I show like that many times with different coins. I show like that which coins have high transaction fees and some are technical issues. And if there some error which you have seen, it doesn't stay for a long time.

[horrifiedx1]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

Yes, I show like that many times with different coins. I show like that which coins have high transaction fees and some are technical issues. And if there some error which you have seen, it doesn't stay for a long time.

i think it is normal, many traders use it to make a profit, by moving their assets in another exchange to the exchange, of course it is done quickly, because it will not last long

[musdafakfl]

The event you specify is extremely normal and the current value can reach higher amounts. Especially in the crypto market, prices are determined by supply-taalep balance and as a result of this balance we can see different pricing in many exchanges. For example, in the morning, the price of Bitcoin in the Tether traded markets was above USD 7,000, but for the market that did not trade with Tether, this amount was $ 6,600. In short, it is possible to see changes in these prices depending on the volume of exhange service.

[Pmalek]

Some arbitrage oppurtunity at last 

[hawkins]

yes, that's normal, and I think this is often the case. in fact, sometimes there are people who try to take advantage of the moment. well, but of course that will be balanced in a fast time. it occurs when there is an increase, or a decrease in price that occurs in a short time.

[izanagi narukami]

IMO, every exchange make their own value and we as the trade may able to obtain profit through arbitrage.
Remember that bitcoin value really depend on supply & demand so it's also happen some each exchange around the world.

Because of that , cryptocurrency value mostly able for being manipulate rather than ordinary stock exchange trading.

[hubballi]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

That is why so many person are having account in different exchanges and depositing it so that arbitrage trading can be done. This way you can earn without risk. As some time their will be different price in each exchange and that benefit can be taken by this way.

[waqasniaz007]

Every exchange has different price from each other because crypto market is decentralized and no one can control,  Also there is factor of volume,  demand and supply.

[logitechwow]

Any possible reason for such a difference on bitcoin price between bitfinex and coinbase? Right now around $100 difference https://coinalyze.net/ ...

Now she has risen to 200 dollars. I hope in the future it will go down.

[NeuroticFish]

if you look on reddit (and around this forum), there's plenty of complaints about bank wires not being paid to customers, going all the way back to august. this is obviously the source of the price premium---in order to cash out, bitfinex users need to buy BTC and sell it on other exchanges.

Woah. I had the same question as OP and I knew it has to be something fishy, else the arbitrage bots would have covered this instantly. But this can be the cause for the difference.
Binance prices look similar to Bitfinex, but there I know that's actually USDT, which is "funny" (in a bad way) these days.

[CryptoIyke]

Going a long way to show that usdt is not a stable coin, really wondering if exchanges can be trading alts against usdt which is the real fiat than usdt