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RE: Poloniex Deposits and Withdrawals Restored

in #steemit8 years ago (edited)

Remarkable , the price of SBD on Poloniex and Bittrex equalized now. Jajaja , so predictable. Bah. Arbitrage opportunities waiting for 5 days to deposit on Poloniex. That's not the way of working.

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Exactly, any imbalance that exists b/w two exchanges is only due to technical issues like this one or when you can only buy a certain coin with the respective country's fiat currency, otherwise we get whale bots buying on one and selling on the other (considering both exchanges have a decent volume) , balancing it out in minutes

Indeed , should be balanced out within minutes !
If Poloniex wants to bid 15-20 % higher than Bittrex.
Then they have to take the consequences.

Yeah, there was a bit of arbitrage room to play with. But there's always the internal market. Wink, wink...

Yes , you are right. But a bit room was 15-20 % here ! :-)
Dpos transactions within few minutes , so ...