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Topic: BCH - $8500 on gdax. $3500 on Binance. What to make of this? (Read 160 times)

full member
Activity: 322
Merit: 100
Yeah I don't think anyone actual bought at that price. Probably some kind of price glitch when the server crashed. Prices were no where near that on any other exchanges.
member
Activity: 266
Merit: 13
3246.00 on coinmarketcap. GDAX has to be off.
full member
Activity: 378
Merit: 101
I saw that too but the price was not changing and coinbase was down when it showed that price. I am sure it was not real, now the price is around $3,036.
newbie
Activity: 44
Merit: 0
gdax is tied to Coinbase and they bring a huge chunk of the new money into Crypto. It was holding solid close to 3K when the news broke, so it's probably still a safe bet and HODL if you have it!
newbie
Activity: 18
Merit: 0
Is the price on Binance (and other exchanges) bound to follow gdax? How can there be such a crazy difference?

How is the smart trader taking advantage?
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