All of them dont have the same price. That is why arbitrage occurs. Arbitrage brings the price close, but not same.
They have similar prices (1-2 usd plus or minus)....
Why? 
Topic: Bitcoin price? Who is making it? - page 10. (Read 7395 times)
They have similar prices (1-2 usd plus or minus)....
Why? 
becaue the demand somehow, will auto-adjust on every exchange, so you get roughtly the same price
simple example is this a random guy running a bot for trading, sees that the demand is higher in another exchange, he will not sell anymore at the same price as before
simple example is this a random guy running a bot for trading, sees that the demand is higher in another exchange, he will not sell anymore at the same price as before
How is it made the Bitcoin price?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
without a "central" committee that decide price and make right and properly decision, only people "set" the right value.
It's like "far west"... you can also sell 1 btc for 10k $ or 1$ by convention I think best price is from preev.com
How is it made the Bitcoin price?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
I asked similar question on July , you can see the answers here : https://bitcointalksearch.org/topic/how-bitcoin-price-is-calculated-exactly-1123803 It should help you out to understand how it works .
All of them dont have the same price. That is why arbitrage occurs. Arbitrage brings the price close, but not same.
How is it made the Bitcoin price?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
How is it possible in a so called decentralized market, where the exchangers are(should be) independent entities, ALL of them to have the same price when they certainly don't have a "the same" order book(same clients, same orders) ? How is that come?
Can someone explain ?
Jump to: