Ninjastic
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Re: Bitstamp arbitrage to depress MtGox price this week?
by
Miz4r
on 23/05/2013, 13:37:21 UTC
Quote from: myself on May 23, 2013, 01:12:40 PM
Quote from: Miz4r on May 23, 2013, 01:10:49 PM
Quote from: myself on May 23, 2013, 01:04:50 PM
Quote from: Miz4r on May 23, 2013, 01:00:22 PM
Quote from: myself on May 23, 2013, 12:54:47 PM
allot of talk about arbitrage, today volume on bitstamp is 2700, so allot of talk and just that

Bitstamp's volume is almost 50% of that of Gox the past 24 hours: http://bitcoincharts.com/markets/currency/USD.html

Quote
2013-05-23 00:00:00   123.8   125.9   123   125.9   10510.69   1310079.6   124.64
vs
Quote
2013-05-23 00:00:00   119.11   119.85   118.36   119.85   2987.05   356834.5   119.46
more like 30% also mtgox price goes up not down so mtgox buyers beat any arbitrage sellers

Where did you get those numbers from? I'm seeing 20k 24h volume for MtGox vs 8.7k for Bitstamp. That's almost 50%.
http://bitcoincharts.com/charts/mtgoxUSD#rg5zigDailyztgSzm1g10zm2g25zv click load raw data
http://bitcoincharts.com/charts/bitstampUSD#rg5zigDailyztgSzm1g10zm2g25zv click load raw data

You're comparing the volume of a day that's only a few hours old. This chart http://bitcoincharts.com/markets/currency/USD.html shows the volume of the past 24h and as you can see Bitstamp is at 9k+ while MtGox sits at 20.8k for the past 24h. That's about 44%. Yesterday Bitstamp's volume was at 40% of that of Gox.