Post
Topic
Board Economics
Re: Coinbase Vs Mt.Gox
by
justusranvier
on 05/11/2013, 15:14:46 UTC
localbitcoins price is substantially higher than mtgox as well.
Anyone who is using formulas similar to the ones I published in the Spring has their prices set up to anticipate future increases:

Here's one of my pricing formulas:

Code:
max(max(max(mtgoxUSD,bitstampUSD), USD_24h),USD_24h+(1.5*(max(bitstampUSD,mtgoxUSD)-USD_24h)))*1.06

Derivation:

http://localbitcoins.blogspot.com/2013/06/this-is-first-in-series-of-posts.html