The Crypto Thread

tabbaker · May 9, 2021, 11:34pm

Why would there be a big difference (25%) in price for RLC on different exchanges?

6ix · May 9, 2021, 11:41pm

I know why that can happen, but I have no idea why it is happening with that one specifically, because it’s not the reason I’m thinking of.

6ix · May 9, 2021, 11:53pm

If you’re wondering if you’re getting a discount at the lower, no, the price will drop and converge to the lowest one.

tabbaker · May 9, 2021, 11:58pm

So my friend that thinks he tripled his money only doubled it?

6ix · May 10, 2021, 12:04am

It might converge in the middle, I’m still not really sure what’s happening. Binance has their withdrawals suspended but the arbitrage stalling wouldn’t result in this big of a spread (people {bots} have both assets on both exchanges) and it wouldn’t result in all the exchanges having different prices.

Lol is he thinking double at the 15 minutes ago price?

SWONGS ARE ONE THING

tabbaker · May 10, 2021, 12:10am

No he bought at 5 on Coinbase and now it’s over 15 but Coinbase is way higher than every other place I check

anon3530961 · May 10, 2021, 12:44am

What’s up with this massive tease from ETH. Refuses to pass 4k

tabbaker · May 10, 2021, 12:55am

Is Hitler coin a thing?

edc5036 · May 10, 2021, 1:00am

← me chilling with my casual litecoin gains while everyone keeps ignoring it

6ix · May 10, 2021, 1:04am

ohhh gotcha, yeah I think he should sell but you didn’t hear that from me

he can always buy back lower if he plans on holding long term, but I really feel like the price of the lower is never going to rise to the higher one (when they converge that is)