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Topic: Incorect price on Coinmarketcap.com - page 4. (Read 665 times)

legendary
Activity: 1190
Merit: 1001
October 07, 2019, 03:04:50 PM
#3
I didn't look in detail at what you say, but you have to know that a price is specific to an exchange, right? It depends on bid and ask. There may be price differences from one exchange to another and playing on this is called arbitrage. But quickly prices still end up converging towards each other, if liquidity is present...
hero member
Activity: 2030
Merit: 402
October 07, 2019, 03:03:49 PM
#2
Really ? I was checking the cryptocurrencies from there all the time. If they are really faking prices, something should be done about it. There were some news about coinmarketcap faking volumes. If that is true, I think this is correct too.
newbie
Activity: 14
Merit: 0
October 07, 2019, 02:34:19 PM
#1
Has anyone seen this?

On coinmarketcap, historical value of bitcoin on 6th of Oct 2019 is 7,988.16 for Close.

Closing price for same date (checked on tradingview on multiple exchanges, and Bitstamp directly) was 7860 usd.

That's almost 2% increase for coinmarketcap. Wonder if they purposely screwing people...

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