how is it possible that gdax has BTC prices $300 higher than

>>3351579
ooh you can't deposit USD to bitfinex or bittrex, but you can deposit USD to gdax
is that the only cause?

>>3351579
They use real dollars not Monopoly money.

>>3351579
probably out of control bots

will probably normalize tomorrow when wires and ACH transfers are back on, otherwise gemini to gdax would be an arbitragers wet dream (which won't happen)

>>3351579
Because they aren't manipulated by muh tethers

>>3351621
>>3351612
it's still abnormal because it's far past gemini too, which also uses real money. but since it's a bank holiday weekend people probably haven't been able to arbitrage the gap, which I'm guessing will close pretty quickly tomorrow.

>>3351630
USDT IS NOT USD
IT'S NOT ARBITRAGE IF THEY'RE DIFFERENT CURRENCIES
LEARN THIS
FUCK

>>3351653
no shit. gemini and gdax use USD. get some sleep kid.

>>3351630
Coinbase is also bigger than Gemini. A lot more money flows through it. But you always see these differences between exchanges. Especially right now while everything is so unstable. Combine that with the fact that uses real dollars will tell you why people would rather go there to sell in to dollars rather than teethers. Higher demand, higher price.

>>3351681
>will tell you why people would rather go there to sell in to dollars rather than teethers

if people would rather SELL FOR real dollars than tether, that means there's a higher demand for DOLLARS, so one should get less dollars for one BTC than tether

>>3351701
I don't know it's kind of weird because you got to consider that each exchange is separate but they are all linked together by the blockchain. That creates though rather unusual dynamic between them. But I'm still thinking the higher price has to do with the higher volume through gdax.

>>3351701
There's also another figure you people on the tether exchanges go there to trade altcoins. Were as usd exchanges deal just in btc, eth,and ltc vs usd.

Bitfinex also uses USD

>>3351876
b-but you can't withdraw USD from bitfinex, can you? so anyone holding USD on bitfinex will have to convert it to crypto before they can move it, no?