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Author Topic: Can you guys explain the LakeBTC.com price is highest?  (Read 1220 times)
Francesca (OP)
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August 27, 2014, 10:15:56 AM
 #1

Can you guys explain the LakeBTC.com price is highest?

LakeBTC  $525.16

BTC-e       $513.00        higher 2.4%
Bitstamp    $519.41        higher 1.1%
Bitfinex      $518.23        higher 1.4%


http://www.coindesk.com/price/ (Aug 27, 2014 at 11:11 BST)
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August 27, 2014, 11:31:01 AM
Last edit: August 28, 2014, 04:15:37 AM by justforbtc
 #2

The price should be lower than bitstamp/bitfinex/btc-e because it is very easy to do arbitrage between BTC/CNY and BTC/USD as LakeBTC supports both pairs. Thus, the price of BTC/USD should be close to BTC/CNY logically. However, the reality is LakeBTC has the highest BTC/USD, it is really unusual!
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August 28, 2014, 03:38:22 AM
 #3

ups and downs with bitcoin price, no fuss

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September 02, 2014, 09:34:26 AM
 #4

you can do arb. between lakebtc and btc-e,
look this: https://bitcointalk.org/index.php?topic=765074.0 , look for your partner  Wink

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