block_gwei
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Sep 16, 2024
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Let’s break down what I actually said: Compared to traditional markets, trading fees are higher, liquidity is lower, and it takes longer to withdraw fiat, which can cut into profits. There were times when BTC was priced…
Bitcoin markets are super messy. Fees, withdrawal costs, slippage can eat away any profit from that 2% spread. MtGox was especially inefficient, hence the big spreads. If there’s profit to be made, trust me, people are…