Huge price difference between mtgox and others - why?



Mt.Gox is currently offering neither fiat withdrawals, nor Bitcoin withdrawals.

No withdrawals means that the Mt.Gox price is completely decoupled from the Bitcoin market, as there can be no arbitrage to close the gap.


Mt.Gox has handled the Malleable Transaction issue poorly, and squandered the trust of a lot of its users. Since shutting down withdrawals on February 10th, they have pointed fingers about an issue that was known since 2011, which they did not take into consideration when implementing their exchange software. They promised on Februar 17th that withdrawals would recommence "soon", which still hasn't happened yet, instead on Februar 20th they announced further delays. They have also not made any statements about how strongly they were affected by the issue and whether their customers money is safe. For comparison immediately communicated that all deposits were safe, and had their service fixed and...

0 0

Help vs Aid

Aid, help, grant, assistance all refer to acts of pitching in to lessen the burden of someone else selflessly. Human beings have this tendency to be philanthropic and cannot see other fellow human beings in distress which is why they always come forward to sort out the problems faced by others. The two words help and aid are very confusing for some people as they roughly have same meaning. However, there is a lot of difference in the contexts they are used and also their usage. This article will remove all doubts from the minds of readers regarding their meaning and usage.

Aid is normally a noun and very rarely used as a verb. On the other hand, help is mostly used as a verb. This means that you can use the word help to describe an act of assistance but reserve aid for terms such as legal aid, humanitarian aid, financial aid etc. Look at the following examples.

Tony helped Helen in her studies

She cried for help when the mishap took...

0 0
In the web industry, a marketplace is an e-commerce website. However, not all e-commerce websites are marketplaces. What are the sheer differences between these two different models ? We gathered ten main ones to help guide you through your Marketplace journey.

Lighter initial investment

With an E-commerce website, it is often necessary, in order to jumpstart your activity, but also to maintain it, to invest beforehand a great sum of money in inventory, as to create a large offering for the clients. Marketplaces offer the advantage of letting their sellers handle their stock on their own, which can considerably reduce your initial investment. Thus, Marketplaces will generally be able to index more products, as it gathers them from multiple vendors, without endangering its finances. The cost of launching a marketplace website is roughly the same as a quality e-commerce website, despite being much more complex.

A much larger inventory

The greater...

0 0

On paper these two RVs look similar enough, so where does that extra $100,000 go? Is it really worth the extra money? Do I need all those extra features on an RV?

These are all common questions we get from new and seasoned RVers alike when it comes to purchasing an RV. We’ve taken some of these questions head-on in the video below by comparing a 2015 Fleetwood Excursion 35E vs. the 2015 Fleetwood Discovery 37R…it’s what we like to call an RV SMACKDOWN!

We chose the Excursion vs. the Discovery because they’re both Fleetwood RVs that share lots of features, and when comparing these two RVs on the website they don’t seem hugely different. They both have nice floorplans, they have all the standard stuff like beds, toilets, kitchens, etc. They’re both rear engine diesels built on the Freightliner Chassis with Cummins engines. The Excursion and Discovery may be similar enough but we feel its pretty easy to see the visual quality difference between these two RVs in the...

0 0

by Ika

"I'd like another drink please!"

Hi Diana...thanks alot with for your clear answers.


i will ask you againis another question

... what's the differen


between OTHER, OTHERS, THE OTHER, and ANOTHER? Please give me a clear explanation...and


examples in sentences.

Thank you - Ika

Hi Ika, Today I am answering a lot of questions. :) Here is my answer for you.

Other- Refers to something different.
So I answered your other question.
(The last question was different from this one).

Others- Refers to things that are different when you do not mention the noun.
The others didn't want to go the movie, even though I did.
The other people = the others).
Rather than repeating the objects you can just state others.

-The other clothes were ugly
-The others were ugly
-The other people were watching...

0 0
0 0

If you were to wade into the middle of any large technology conference and shout out "Macs are whack" or "Apple rules, Microsoft stinks," you could start a riot. The conflict between Apple supporters and Windows fans has raged on college campuses, social networks and Internet message boards. It's a discussion that invites flame wars. Put on your fireproof britches, we're going to wade right into it.

Before we throw caution to the wind, we need to establish some definitions. In this article, we're comparing Apple computers running Mac OS X -- no hackintoshes to be found here -- and computers running the Windows operating system. While the term PC stands for personal computer and could apply to Macs, Windows machines and computers running other operating systems alike, we're using it in the common vernacular as shorthand for a Windows machine.

Given the passion often displayed by owners of both brands, you may be surprised to learn what a small share of the global...

0 0

We’re mostly agrarian. We mostly live in buildings. We spend most of our days in small spaces staring at screens. Also, there are seven billion of us—up from a few hundred thousand—and a few of them inhabit a small capsule that flies around the planet. And those tiny rectangles everyone stares at? They’re capable of accessing the entirety of information known to man, but most people use them to look at pictures of cats and get into arguments with strangers.

And yet, I’m willing to bet that if our ancestors moved to New York City or Hong Kong and landed a desk job, they’d encounter an even bigger difference: The mismatch between how much information the mind can consciously process (not a lot) and how much information it is exposed to (a lot).

We don’t realize it, but we moderns are using a brain that evolved for an environment that no longer exists. If the past is a foreign country, it was a mentally peaceful one.

The confusing part is that despite warnings...

0 0

Movement vs Shift in Demand Curve

The graph, which represents the relationship between the price of a certain commodity and its quantity that consumers are able and willing to purchase at a particular price, is known as the demand curve in economics. It is a graphic illustration of a demand schedule. The demand curve is actually used to assess the behavior in a competitive market and is, therefore, combined with a supply curve to estimate the equilibrium quantity and the equilibrium price of the market.

Characteristics of a Demand Curve

The demand curve is drawn with quantity on the x-axis or horizontal axis, and price on Y-axis or vertical axis. It usually moves downward from left to right and is said to have a negative association. The negative slope is also known as a law of demand, which shows that consumers will buy more of the product and services as their prices fall. The demand curve is usually related to the marginal utility curve because the price an...

0 0
Some interesting bitcoin and litecoin charts

Bitcoin mining cost (self-cost)

Mining cost is not depending on bitcoin price but only on:

how big is reward (50 or 25... — you can see the difference at December 2012), how much is the energy cost ($0.12 per KWh here), and what is the current difficulty.

Mtgox price presented there just to show you a funny dependence: bitcoin price usually doesn't come lower than mining cost.

the ASICs era: from 2013.02 to now

Since September 2013 GPU mining is not profitable anymore. :(

Litecoin mining cost (self-cost)

Bitcoin mining profitability

the ASICs era: from 2013.02 to now

In april 2013 you could earn above $400 per day if you had one of that box. But few months ago you couldn't even make a $50 per day.

And this is the right bottom corner or the graph above. You can see that ASIC’s...

0 0

Recently, little-known Bitcoin (BTC) cryptocurrency attracted unprecedented hype, setting it on par with "big" currencies. Amid growing popularity cryptocurrencies trade volumes skyrocketed. Meanwhile, bitcoin trading exchanges are still very young, ineffective and lack professional players, which means that they can be successfully used for implementing various strategies like cross-exchange arbitrage. Given the bitcoin’s unusually high volatility and the fact that price differences on various exchanges often reach 20 % or even more, the potential profitability of arbitrage strategies in bitcoin market becomes huge, especially in comparison with "classical" markets. In this article we describe a unique trading strategy - Bitcoin statistical arbitrage and show how to create a MegaTrader trading robot that implements this strategy.

Currently there are several cryptocurrency exchanges, but only two of them have satisfactory liquidity. First - MtGox Japanese exchange, which is...

0 0

MtGox has suffered considerably over the past two months. All within the relatively short period of April and May 2013, we have seen the following:

During the Bitcoin crash of April 10-12, MtGox saw its trading engine lag increase to over 70 minutes, and for over ten hours the exchange was almost entirely inaccessible. MtGox’s response was mixed; at first, they committed what may go down as one of the major public relations disasters in Bitcoin history, telling angry customers that they were “victims of our own success!” and gloating about their high trade volume. Then, however, the exchange did take significant steps to improve its transparency.On April 17, MtGox took away the ability to place orders without having the underlying funds already in one’s account. Such a feature may seem counterproductive, but it is very useful for traders who, for example, wish to place a buy order at $120 and a sell order at $140 in order to profit on, and simultaneously help relieve, price...
0 0

Futures contract are mainly used by hedgers, speculators, and arbitrators, which plays a pivotal role in the market. In this context, people often juxtapose the terms hedging and speculation as they are in the way connected with the unanticipated price movements, but they are different in a number of grounds. Hedging is performed by the hedgers to protect themselves against the risk or say to reduce the risk of the changes in the price of the underlying commodity.

On the contrary, speculators perform speculation, in an attempt to earn profit from the changes in the difference between future price and spot price, as they bet on their difference. Hence, the risk is taken intentionally to reap profits.

In this article you may find all the important differences between hedging and speculation, so take a read.

Content: Hedging Vs Speculation

Comparison Chart Definition Key Differences Conclusion

Comparison Chart

Definition of Hedging


0 0

The past week or so has been quite remarkable considering significant price differences at various bitcoin exchanges. It is most noticeable in case of Bitfinex, where Bitcoin is still trading at significant premium. At times, the spread reached $110.

It all started when Bitfinex halted fiat transactions. Shortly afterwards, some community members started expressing their concerns as to the possibility of yet another monumental failure of a major online exchange like the notorious collapse of Mt.Gox.

The Mt.Gox Effect: Is the Concern Justified?

Indeed, Mt.Gox’s collapse was preceded by a withdrawal halting and large price differences across various platforms. It started in August 2013 when Bitcoin was on a bull run ultimately reaching ATH. That’s when the first warnings of Mt.Gox’s unsoundness began popping up. Quite possible, that’s when people started believing such price discrepancies were a ‘bad omen’.

Still, aside from Bitfinex, some other...

0 0

The words "problem", "trouble", and "issue" are very close in meaning. What's the difference bewtween them? The answer is quite complicated, actually! Let's look at the meaning of each word and some of the ways that they're used:

The meanings of "problem", "trouble", and "issue"

The word "problem" is connected with the word "solution". A problem is something negative that needs to be solved. Some bad things that happen can't be called "problems" because they're unsolvable. For example, if you broke your leg, you probably wouldn't call your broken leg a "problem". The broken leg can't be fixed. On the other hand, figuring out how to get to work with a broken leg is a problem.

"Trouble" is less connected to solutions. It's more connected to negative feelings that you get when bad things happen.

"Issue" is associated with difficult decisions and disagreements. We use "issue" in a similar way to "problem" or "trouble", but it also has another meaning. It...

0 0
0 0

Over the past year, I’ve received more and more questions about two important metrics in web marketing, Bounce Rate and Exit Rate. It seems there is some confusion about differences between the two, why they are important, what they tell you, and how to improve them. So, I decided to write this post to demystify them a bit.

The Definition of Bounce Rate and Exit Rate
Let’s start with some definitions. The definition of Bounce Rate is the percentage of visitors that hit your website on a given page and don’t visit any other pages on your site. For example, John views an organic search listing, clicks through to your site, and then leaves your site without visiting any other pages. He bounced. You can learn more about lowering your bounce rate here.

Note: If you’re a small business looking to learn more about web analytics, then you should check out my internet marketing ebook, Taking Control of Your Online Marketing. There’s an entire chapter on Web Analytics...

0 0
0 0

Last updated: 20th February 2014

Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don't understand why they should make the effort to use it.

Why use bitcoin? Here are 10 good reasons why it’s worth taking the time to get involved in this virtual currency.

It’s fast

When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster.

Transactions can be instantaneous if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. Or, they can take around 10 minutes if a merchant requires the transaction to be confirmed. That is far faster...

0 0
0 0

The stock market is not crashing yet, but there are lots of other market crashes happening in the financial world right now. Just like we saw back in 2008, it is taking stocks a little bit of extra time to catch up with economic reality. But almost everywhere else you look, there are signs that a financial avalanche has begun. Bitcoins are crashing, gold and silver are plunging, the price of oil and the overall demand for energy continue to decline, markets all over Europe are collapsing and consumer confidence in the United States just had the biggest miss relative to expectations that has ever been recorded. In many ways, all of this is extremely reminiscent of 2008. Other than the Bitcoin collapse, almost everything else that is happening now also happened back then. So does that mean that a horrible stock market crash is coming as well? Without a doubt, one is coming at some point. The only question is whether it will be sooner or later. Meanwhile, there are a whole lot of...

0 0