Author

Topic: LakeBTC' price is higher $20 than Bitstamp!! what happened? (Read 5079 times)

newbie
Activity: 11
Merit: 0
Crazy, what time did it happened? How many people become to be a great wealth?
just wish nobody would jump form the building.
I buy 15 BTC at $446, why now the price is only $380, and bitstamp is only $377 Sad  when the price back to $500?  Huh
sr. member
Activity: 484
Merit: 250
HubrisOne
Have I missed something excited?
you are lucky, you missed a disaster
member
Activity: 69
Merit: 10
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend

Traditional economics of supply and demand is not applicable to Bitcoin

Nah, bitcoin price is still determined by the market forces just like any other products, services, currencies, etc.
Exchange is nothing but just a platform for matching buy orders with sell orders.
but there are many exchanges manipulate trading behind the scenes which we know nothing
newbie
Activity: 30
Merit: 0
Have I missed something excited?


just missed a big money, but don't worry, there would be more big money
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
Have I missed something excited?

Don't worry you did not.  Wink
member
Activity: 80
Merit: 10
Have I missed something excited?
full member
Activity: 219
Merit: 100
I also want it to happened once again
hero member
Activity: 1106
Merit: 527
okay, it's just a flash storm, the price gap would never more than $10 again. but I think anyone will be rich if he catch that opportunity

Wish it would occur once again tonight, I woould never miss it this time  Grin
newbie
Activity: 15
Merit: 0
okay, it's just a flash storm, the price gap would never more than $10 again. but I think anyone will be rich if he catch that opportunity
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
This price is only a moment of meteor, it never come back  Sad
hero member
Activity: 1106
Merit: 527
wish the price back soon  Grin

... year wish to be 1,000 but might be back to 100  Undecided
Don't be too gloomy, man

I'm new to Bitcoin when the price $500, so I think $600 would be good to be back Roll Eyes
agree, you can buy some bitcoins now, the price will rise a bit soon.
newbie
Activity: 7
Merit: 0
wish the price back soon  Grin

... year wish to be 1,000 but might be back to 100  Undecided
Don't be too gloomy, man

I'm new to Bitcoin when the price $500, so I think $600 would be good to be back Roll Eyes
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
wish the price back soon  Grin

... year wish to be 1,000 but might be back to 100  Undecided
newbie
Activity: 23
Merit: 0
wish the price back soon  Grin
hero member
Activity: 1106
Merit: 527
Crazy, what time did it happened? How many people become to be a great wealth?
just wish nobody would jump form the building.
newbie
Activity: 11
Merit: 0
Crazy, what time did it happened? How many people become to be a great wealth?
hero member
Activity: 882
Merit: 1000
Exhausted
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend

Traditional economics of supply and demand is not applicable to Bitcoin

Nah, bitcoin price is still determined by the market forces just like any other products, services, currencies, etc.
Exchange is nothing but just a platform for matching buy orders with sell orders.
member
Activity: 69
Merit: 10
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend

Traditional economics of supply and demand is not applicable to Bitcoin
member
Activity: 80
Merit: 10
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend
full member
Activity: 126
Merit: 100
the price depends on suply/demand in each exchange network
full member
Activity: 219
Merit: 100
Different exchanges means different traders. Different traders means different prices.

Probably caused by some one who got a bit too much excited and wanted to buy in quickly.

LakeBTC also has lower volume, which means it doesn't take that much for large traders to get the price up significantly.
correct, but there are also man who keen to arb
hero member
Activity: 547
Merit: 500
Nothing is it now, the price is fall back below $400/
A game, a dream
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino

I used to use bitcoinchart but the problem was they don't use native API of exchanges thus there are time delay and misinterpretation sometimes. They accept the proprietary format , which would be different from the native ones. You'd better refer to the native API rather than aggregator like bitcoinchart, especially when it comes to talking about real time price discrepancy like this. Of course it is OK to catch up general trend, but not for real time market analysis. Apart from the topic of this thread, we need to be careful about their choice of exchanges listed.

First of all, bitcoinchart is not reliable, unfortunatelly  Embarrassed
Why do you say that? the data is updated according to the api of Exchanges
hero member
Activity: 1106
Merit: 527
From which site is that screenshot?
its very clear, bitcoincharts
sr. member
Activity: 457
Merit: 251
From which site is that screenshot?
hero member
Activity: 547
Merit: 500
First of all, bitcoinchart is not reliable, unfortunatelly  Embarrassed
Why do you say that? the data is updated according to the api of Exchanges
hero member
Activity: 1106
Merit: 527
Unfortunately I did not catch this moment, but I think this is something blink of an eye.
Now the price tends to be the same, I guess it would stop $410.
Great TA! I agreen that's just a Reaper's Gala Dinner absurdly.  Sad
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
First of all, bitcoinchart is not reliable, unfortunatelly  Embarrassed

Also why do you only see the latest trading price rather than bid -ask Huh
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
First of all, bitcoinchart is not reliable, unfortunatelly  Embarrassed
legendary
Activity: 2170
Merit: 1427
Different exchanges means different traders. Different traders means different prices.

Probably caused by some one who got a bit too much excited and wanted to buy in quickly.

LakeBTC also has lower volume, which means it doesn't take that much for large traders to get the price up significantly.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
Unfortunately I did not catch this moment, but I think this is something blink of an eye.
Now the price tends to be the same, I guess it would stop $410.
newbie
Activity: 15
Merit: 0
I wanted to make sure it is November in 2014 instead of 2013.

what should we do for such a big meney  Roll Eyes


https://i.imgur.com/DMnH9S5.png
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