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Topic: Bitcoin value - page 2. (Read 594 times)

legendary
Activity: 1596
Merit: 1011
December 07, 2017, 10:44:14 AM
#10
Those were the real value of bitcoin, It's just that bitcoin's price differ from one exchange to the other. Say for example polionex may reach 15K USD first but on other exchanges It is still at 14K+ but that does not mean that polionex is better than the other. If you are already on one exchange such as GDAX then that is the platform where you should look at to check the value of BTC.
I think it all depends on the level of confidence a person to an Exchange, because the higher the level of confidence a person against an exchange then it can make the exchange has a large volume in the sale and buy Bitcoin. so in my opinion you do not think about it, because if you are convinced of an exchange then you can use it continuously. oh yes if you are looking to benefit from arbitrage then you should think that there are some costs you have to calculate, the cost is usually referred to as withdraw fee. You must calculate it as best as possible because if you are wrong then you could lose.
hero member
Activity: 2870
Merit: 594
December 07, 2017, 10:37:16 AM
#9
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?

There is no right or wrong value. They are real in terms of that particular exchange. As far as the factors why they are different, its only specific to them, like buying/selling orders, how much they fee's they charge, volumes of transactions and so on.

Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?

Everyone likes to use whichever site or reference has served them the best or seems the most reliable. Whenever I go to check the price of bitcoin I go to Preev.com. There are dozens of sites that all use different exchanges or various means to acquire the price they claim is the correct and current price of bitcoin.

The price on each exchange is different because these exchanges are not connected, they're all independently operated and therefore the BUY & SELL offers are completely different; causing a different current price at any given moment. Long story short, they are all accurate, but you may find more compromise and consensus if you use something that more closely rides the average, like Preev, Bitstamp or something similar to that.

The different prices on the different exchanges sometimes allow you to Buy/sell on one platform while doing the opposite on another for a net-profit, this is what people around here and other financial trading circles call "Arbitrage".

Right. That's why we can practice it. The price different between two trading platform is taken into account then you can place your buy/sell order, your profit is the difference between the exchanges bitcoin prices. You can buy low at one exchange and sell it higher at the other side.
newbie
Activity: 6
Merit: 0
December 07, 2017, 10:36:24 AM
#8
Ok, thanks to all.
newbie
Activity: 28
Merit: 0
December 07, 2017, 10:30:07 AM
#7
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?
I'm also wondering about this. Even the coinbase homepage is higher. Difficult for me when looking for supplies
hero member
Activity: 700
Merit: 500
December 07, 2017, 10:27:19 AM
#6
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?
All of them is real it is depend where exchnage you use to trade in USD value. if you just want monitor the price then pick one you think is the right price for BTC value .

I agree, different exchangers have their own rates, so, you might want to check it all out before you sell your bitcoin, because you might regret it in the end if you are just going to sell your bitcoin without knowing that there are exchangers that pays good rates on bitcoin.
full member
Activity: 154
Merit: 100
December 07, 2017, 10:27:01 AM
#5
Those were the real value of bitcoin, It's just that bitcoin's price differ from one exchange to the other. Say for example polionex may reach 15K USD first but on other exchanges It is still at 14K+ but that does not mean that polionex is better than the other. If you are already on one exchange such as GDAX then that is the platform where you should look at to check the value of BTC.
legendary
Activity: 1372
Merit: 1123
December 07, 2017, 10:19:55 AM
#4
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?

Everyone likes to use whichever site or reference has served them the best or seems the most reliable. Whenever I go to check the price of bitcoin I go to Preev.com. There are dozens of sites that all use different exchanges or various means to acquire the price they claim is the correct and current price of bitcoin.

The price on each exchange is different because these exchanges are not connected, they're all independently operated and therefore the BUY & SELL offers are completely different; causing a different current price at any given moment. Long story short, they are all accurate, but you may find more compromise and consensus if you use something that more closely rides the average, like Preev, Bitstamp or something similar to that.

The different prices on the different exchanges sometimes allow you to Buy/sell on one platform while doing the opposite on another for a net-profit, this is what people around here and other financial trading circles call "Arbitrage".
hero member
Activity: 2632
Merit: 833
December 07, 2017, 10:14:12 AM
#3
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?

It depends on the exchanges itself. That's why its possible to do arbitrage from one exchange to another. They have their own system of computing their own value, I don't know what's the exact formula but I assumed the volumes on that exchanges will influence their price.

LOL. You haven't seen the price in India and Zimbabwe. The price is way above the Western and even Asia trading platform which is also high.
hero member
Activity: 714
Merit: 500
December 07, 2017, 10:09:16 AM
#2
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?
All of them is real it is depend where exchnage you use to trade in USD value. if you just want monitor the price then pick one which you think is the right price for BTC value .
newbie
Activity: 6
Merit: 0
December 07, 2017, 10:02:05 AM
#1
Hello, I have some difficult on find the BTC price.
For example in this moment GDAX 15.700$, CEX.IO shows 16.400$ , platform MT5 shows 14.700.

Which is the real value?
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