Sorry if this is a basic question, I'm new to this stuff.

Currently, according to cryptocoincharts.info, Bitcoins are trading at $1050 on BTC-E but $1228 on Mt. Gox. How is this possible? What would cause such a large price discrepancy? Shouldn't it be possible to capitalize on this difference by buying at BTC-E and selling at Mt. Gox, and if so shouldn't that tend to equalize the trading prices?

  • 2
    Mtgox has dolor withdrawal problems. So, dolor with mtgox worth (valued) less. So, you pay more dolors and take your bitcoins out. So, the higher exchange rate.
    – vi.su.
    Commented Dec 5, 2013 at 5:33
  • @vi.su. Is the same true for Bitstamp? I see that the Bitstamp rate is also considerably higher than BTC-E, $1130.
    – TKR
    Commented Dec 5, 2013 at 5:52
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1 Answer 1


Mtgox has dollar withdrawal problems. So a dollar within Mt. Gox is worth (valued) less. So you pay more dollars and take your bitcoins out, hence the higher exchange rate.

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