Post
Topic
Board Economics
Re: Why The Price Difference Between MtGox & BitStamp?
by
LukasP33
on 20/08/2013, 01:28:06 UTC
People cant get dollars out of Mt.Gox at the moment - which means more people want to buy BTC on there (so they can withdraw) and less people want to sell (because the can not withdraw the dollars they receive).

Basically, a dollar on Mt.Gox is not actually worth as much as a dollar on other exchanges - so it takes more Gox dollars to buy a BTC.

thanks for clearing this up!
I was wondering about the high mt gox prices as well and didn't know what caused them.