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Topic: Btc-e (Read 854 times)
bb113
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Btc-e
April 10, 2012, 05:20:41 PM
#1
Why is someone selling 1k bitcoins for $4.65 on btc-e right now?
teflone
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Re: Btc-e
April 10, 2012, 05:28:55 PM
#2
The same reason Virtex has over 1000 coins below 4.75 for sale..
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bb113
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Re: Btc-e
April 10, 2012, 05:32:01 PM
#3
So it's people who don't want to use gox?
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Re: Btc-e
April 10, 2012, 05:34:00 PM
#4
Quote from: bitcoinbitcoin113 on April 10, 2012, 05:32:01 PM
So it's people who don't want to use gox?
I think more specifically, people that cant, or its too much hassle to use GOX..
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RyNinDaCleM
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Re: Btc-e
April 10, 2012, 05:35:14 PM
#5
They have their own market over there. The price is usually $.10+ cheaper at the cost of much less liquidity and volume.
I haven't tried USD lately, but I know it used to be difficult to get money in. BTC was no problem, but that wouldn't help right now anyway.
If you got cash in there, it's a good arbitunity.
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bb113
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Re: Btc-e
April 10, 2012, 05:55:27 PM
#6
I see
Stephen Gornick
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Re: Btc-e
April 10, 2012, 06:28:45 PM
#7
Quote from: RyNinDaCleM on April 10, 2012, 05:35:14 PM
I haven't tried USD lately, but I know it used to be difficult to get money in.
BitInstant can be used to move Dwolla USD to BTC-E. It was halted for a bit but that is back now. After including the fees though the arbitrage opprotunity pretty much gets melted away with there being not much advantage over buying elsewhere.
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