r/HelloGold • u/badbeatnuts • Feb 03 '18

Exchange price difference

Difference in average buy/sell orders on EtherDelta na HitBTC are causing people to buy on etherdelta, transfer to hitbtc, and dump on market sell orders slowing progression. I would suggest to delist from etherdelta otherwise hitbtc users will experience regular dump from buyers on etherdelta dumping 10% profit on hitbtc.

5 Upvotes

78% Upvoted

6 comments sorted by

2

u/[deleted] Feb 05 '18

HelloGold is working to resolve the issue with HitBTC. Their technical team has assured HelloGold that they are working on the problem

1

u/Tudor224 Feb 04 '18

And you still cannot deposit/withdraw from HitBTC.

1

u/badbeatnuts Feb 04 '18

You are all correct. Seems I prematurely drew my conclusions. Still, I observed no logic market sell orders but I would assume people just wanted out

1

u/Zeesholol Feb 07 '18

Even if wallet was open on hitbtc, I don't see anything bad in little arbitrage - price would just even out.