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Economics
Re: Coinbase Vs Mt.Gox
by
justusranvier
on
05/11/2013, 15:14:46 UTC
Quote from: challen on November 05, 2013, 03:11:16 PM
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:
Quote from: justusranvier on November 05, 2013, 12:59:06 AM
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