RE: NEW TREND: World Bitcoin Markets Find Common Ground, What do You Think Is Driving Market Prices?

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NEW TREND: World Bitcoin Markets Find Common Ground, What do You Think Is Driving Market Prices?

in bitcoin •  7 years ago 

What you will find is that more active trading across exchanges will eliminate price differences. It is called arbitrage trading. $100 difference between Bitstamp and CEXIO - buy on one exchange and sell on the other is a 4% trade right there.

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I've invested a fair amount in Bancor (BNT). It's an arbitrage protocol for all Ethereum tokens. I think of it as the 'gold standard' for the Ethereum marketplace. It will always be worth the mean value of all Ethereum tokens. The oil in the Ethereum engine if you will.

Ty I will look into(BNT) for sure.

Interesting - I will have a look.

Fair enough ;D