Bitcoin Forum
April 26, 2018, 02:46:12 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What's up with the spread?  (Read 1009 times)
ElectricMucus
Legendary
*
Offline Offline

Activity: 1610
Merit: 1001


God of the code.


View Profile WWW
November 25, 2011, 05:52:48 PM
 #1

Why has the spread gone up recently? Usually if a rapid price movements happens bidders and sellers go pretty close.
Not this time... or is it just random variance or my subjective observation?

Anybody notice the same thing?
1524710772
Hero Member
*
Offline Offline

Posts: 1524710772

View Profile Personal Message (Offline)

Ignore
1524710772
Reply with quote  #2

1524710772
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524710772
Hero Member
*
Offline Offline

Posts: 1524710772

View Profile Personal Message (Offline)

Ignore
1524710772
Reply with quote  #2

1524710772
Report to moderator
1524710772
Hero Member
*
Offline Offline

Posts: 1524710772

View Profile Personal Message (Offline)

Ignore
1524710772
Reply with quote  #2

1524710772
Report to moderator
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1001


View Profile
November 25, 2011, 06:08:31 PM
 #2

Why has the spread gone up recently? Usually if a rapid price movements happens bidders and sellers go pretty close.
Not this time... or is it just random variance or my subjective observation?

Anybody notice the same thing?

I'm on vacation this week.  I don't trade enough volume to make much of a difference, but perhaps the same is true for others.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
proudhon
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
November 25, 2011, 06:09:53 PM
 #3

Why has the spread gone up recently? Usually if a rapid price movements happens bidders and sellers go pretty close.
Not this time... or is it just random variance or my subjective observation?

Anybody notice the same thing?

Seems pretty standard to me.
kjlimo
Legendary
*
Offline Offline

Activity: 1750
Merit: 1000


View Profile WWW
November 25, 2011, 07:41:46 PM
 #4

Which website spread are you refering to?

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

Bitcoin Poker at Seals                  Strike Sapphire Casino  Free games every hour & day!
  Get Free Bitcoins here.

Spondoolies-Tech or KnC Miner for the fastest mining hardware available!

Bitpay to help your business accept bitcoin payments!
Cluster2k
Legendary
*
Offline Offline

Activity: 1771
Merit: 1016


www.coincaps.ai


View Profile WWW
November 26, 2011, 02:33:10 AM
 #5

Which website spread are you refering to?

He would be referring to the MtGox/TH spread: According to bitcoincharts, $2.51 versus $2.39.  Huge difference that no one seems to be taking advantage of.  I would suggest TH is having technical problems at the moment.


           ▄▄▄██████▄▄▄
       ▄▄███████▀▀███████▄▄
     ▄██████▀▀      ▀▀██████▄
   ▄████▀▀              ▀▀████▄
  ████        ▄▄███▄▄       ████
 ▐████      ▄█████████▄     ████▌
 █████     ████▀   ▀▀█▀     █████
 █████    ▐███              █████
 █████    ▐███▄      ▄      █████
 █████     ▀████▄▄▄████     █████
 ▐████       ▀███████▀      ████▌
  ▀███▄▄        ▀▀▀       ▄▄███▀
    ▀█████▄▄          ▄▄█████▀
      ▀███████▄▄  ▄▄███████▀
         ▀▀████████████▀▀
              ▀▀▀▀▀▀

                       ████
                       ▄▀██
                     ▄█▀   ▄▄▄▄▄
                   ▄█▀    ███████
                 ▄█▀      ███████
               ▄█▀        ███████
     ▀█▄▄    ▄█▀  ▄█████▄ ███████
        ▀▀█▄█▀    ███████ ███████
  ▄█████▄         ███████ ███████
  ███████ ▄█████▄ ███████ ███████
  ███████ ███████ ███████ ███████
  ███████ ███████ ███████ ███████
  ███████ ███████ ███████ ███████
  ███████ ███████ ███████ ███████
  ▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀
▀█████████████████████████████████▀
tvbcof
Legendary
*
Online Online

Activity: 2478
Merit: 1002


View Profile
November 26, 2011, 02:46:27 AM
 #6

Which website spread are you refering to?

He would be referring to the MtGox/TH spread: According to bitcoincharts, $2.51 versus $2.39.  Huge difference that no one seems to be taking advantage of.  I would suggest TH is having technical problems at the moment.

No problem that I'm aware of (except that they did not process my wire deposit request on schedule again.)  I've been trading all day with not problems.

The answer is rather obvious.  It 'problem' comes and goes and has been doing so for weeks (if not months) which anyone paying attention would know.  There is simply not enough people with funds in Tradehill who are willing to buy at the prices that people are on Mt. Gox.  There has been a much higher supply on Tradehill for at least a few weeks (possibly the haul from a theft) and it takes a lot of interest to dig through it.  The handful of people doing arbitrage burnt out and need time to replenish their funds.  You don't have to make this a harder problem than it is.


jwzguy
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000



View Profile
November 26, 2011, 03:13:56 AM
 #7

The problem is getting money from Gox to TH without spending 100% of the spread on fees.
Cluster2k
Legendary
*
Offline Offline

Activity: 1771
Merit: 1016


www.coincaps.ai


View Profile WWW
November 26, 2011, 03:23:20 AM
 #8

Which website spread are you refering to?

He would be referring to the MtGox/TH spread: According to bitcoincharts, $2.51 versus $2.39.  Huge difference that no one seems to be taking advantage of.  I would suggest TH is having technical problems at the moment.

No problem that I'm aware of (except that they did not process my wire deposit request on schedule again.)  I've been trading all day with not problems.

The answer is rather obvious.  It 'problem' comes and goes and has been doing so for weeks (if not months) which anyone paying attention would know.  There is simply not enough people with funds in Tradehill who are willing to buy at the prices that people are on Mt. Gox.  There has been a much higher supply on Tradehill for at least a few weeks (possibly the haul from a theft) and it takes a lot of interest to dig through it.  The handful of people doing arbitrage burnt out and need time to replenish their funds.  You don't have to make this a harder problem than it is.

TH's price has usually been very close to MtGox's for the past several months that I've been observing the price.  It's an aberration, not usual behaviour, to see large spreads between the two.



           ▄▄▄██████▄▄▄
       ▄▄███████▀▀███████▄▄
     ▄██████▀▀      ▀▀██████▄
   ▄████▀▀              ▀▀████▄
  ████        ▄▄███▄▄       ████
 ▐████      ▄█████████▄     ████▌
 █████     ████▀   ▀▀█▀     █████
 █████    ▐███              █████
 █████    ▐███▄      ▄      █████
 █████     ▀████▄▄▄████     █████
 ▐████       ▀███████▀      ████▌
  ▀███▄▄        ▀▀▀       ▄▄███▀
    ▀█████▄▄          ▄▄█████▀
      ▀███████▄▄  ▄▄███████▀
         ▀▀████████████▀▀
              ▀▀▀▀▀▀

                       ████
                       ▄▀██
                     ▄█▀   ▄▄▄▄▄
                   ▄█▀    ███████
                 ▄█▀      ███████
               ▄█▀        ███████
     ▀█▄▄    ▄█▀  ▄█████▄ ███████
        ▀▀█▄█▀    ███████ ███████
  ▄█████▄         ███████ ███████
  ███████ ▄█████▄ ███████ ███████
  ███████ ███████ ███████ ███████
  ███████ ███████ ███████ ███████
  ███████ ███████ ███████ ███████
  ███████ ███████ ███████ ███████
  ▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀
▀█████████████████████████████████▀
tvbcof
Legendary
*
Online Online

Activity: 2478
Merit: 1002


View Profile
November 26, 2011, 03:37:36 AM
 #9

...
You don't have to make this a harder problem than it is.

TH's price has usually been very close to MtGox's for the past several months that I've been observing the price.  It's an aberration, not usual behaviour, to see large spreads between the two.


Dude!  You don't need to pull stuff out of your ass when it is easy to look up.  Just look at the 'mix' on bitcoinity.org at 30 days.  You'll see the current pattern is, if anything, more predictable than unusual.


old_engineer
Sr. Member
****
Offline Offline

Activity: 387
Merit: 250


View Profile
November 27, 2011, 07:13:25 AM
 #10

Why has the spread gone up recently? Usually if a rapid price movements happens bidders and sellers go pretty close.
Not this time... or is it just random variance or my subjective observation?

Anybody notice the same thing?

I'm on vacation this week.  I don't trade enough volume to make much of a difference, but perhaps the same is true for others.
Same here, I'm not doing my liquidity thing on mtgox.  Glad someone noticed. Smiley
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!