Bitcoin Forum
June 17, 2019, 12:11:08 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: bitfinex price lower than bitstamp now -- why?  (Read 2449 times)
birr
Hero Member
*****
Offline Offline

Activity: 775
Merit: 517


View Profile
November 01, 2014, 05:15:34 PM
 #1

For a month or longer, bitfinex has been trading a dollar or two below Bitstamp, consistently.
It would be funny if people are getting psyched out by the conflict over there.  I'm looking for other reasons, if anyone can suggest any.
1560773468
Hero Member
*
Offline Offline

Posts: 1560773468

View Profile Personal Message (Offline)

Ignore
1560773468
Reply with quote  #2

1560773468
Report to moderator
1560773468
Hero Member
*
Offline Offline

Posts: 1560773468

View Profile Personal Message (Offline)

Ignore
1560773468
Reply with quote  #2

1560773468
Report to moderator

Mine RVN and with 0% mining fees and get paid in BTC, ETH, XMR or RVN.

www.cudominer.com Get Cudo Miner
Auto coin switching, third-party miners, overclocking and remote management (Win/Linux)
Run from a USB stick or install from an ISO image (Linux)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560773468
Hero Member
*
Offline Offline

Posts: 1560773468

View Profile Personal Message (Offline)

Ignore
1560773468
Reply with quote  #2

1560773468
Report to moderator
Q7
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
November 02, 2014, 03:31:20 AM
 #2

Maybe they've found a way to acquire cheap supply. Just my guess... or they've reduced their operation cost like servers and electricity. Most accurate answers only they will know

FattyMcButterpants
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
November 02, 2014, 04:39:39 AM
 #3

A few dollar difference between prices on two exchanges is very small. A difference of two dollars wold equal less then the amount of trading fees it would cost on each exchange in order to sell on bitstamp and buy on bitfinex (via arbitrage), therefore this is not attempted.

I would speculate that the price is lower on bitfinex because they allow shorting which will cause small amounts of additional selling pressure
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!