Kraken has BTC at $1186.54 USD at the same time Bitstamp is $1170.88 USD. ???? - page 2.

JeffBrad12

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Quote from: Gogo ppp on April 14, 2017, 09:33:51 PM

How can this be?

I confirmed the numbers as I posted.

I'm lacking some basic fact, as otherwise arbers would knock these prices to the same figure in an instant.

Please help me understand this.

Thanks.

Are you don't put the different volatility and demand on every market to be the main concern for your curiosity, dude?

As you can see on the bitcoinwisdom if they(every market) have a different interval and the value of demand for every transaction. The traction by the supply and demand has decided the price of bitcoin.

Quote from: Patatas on April 14, 2017, 10:41:58 PM

To make it even more simpler,you decide the price of bitcoin.Demand and Supply does!

Do you mean the demand and supply not decide the bitcoin price at the moment?

Patatas

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Quote from: Gogo ppp on April 14, 2017, 09:33:51 PM

How can this be?

I confirmed the numbers as I posted.

I'm lacking some basic fact, as otherwise arbers would knock these prices to the same figure in an instant.

Please help me understand this.

Thanks.

Since you know bitcoin isn't centralized or operated like other currency like global value of dollars would be equal wherever you go.Case isn't same with bitcoins.All the regulated exchanges don't depend on any solid means of central hub to determine the prices.It's the major exchange like coinbase acts as a buffer between other price comparison apps, while it may work out for them but other major exchanges don't reply on coinbase since they speculate their value in terms of trades happening on their exchange.

To make it even more simpler,you decide the price of bitcoin.Demand and Supply does!

Gogo ppp

legendary

Activity: 1078

Merit: 1000

How can this be?

I confirmed the numbers as I posted.

I'm lacking some basic fact, as otherwise arbers would knock these prices to the same figure in an instant.

Please help me understand this.

Thanks.

Topic: Kraken has BTC at $1186.54 USD at the same time Bitstamp is $1170.88 USD. ???? - page 2. (Read 2075 times)