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Topic: Variation of Prices in Price Charts (Read 538 times)

copper member
Activity: 196
Merit: 2
August 15, 2019, 10:42:40 AM
#41
It all boils down to liquidity and order book, it all varies in different exchanges and although there are ways to synchronise the prices across several exchanges, sometimes it's not 100% foolproof especially when someone is placing a higher buy order in an exchange when in the other exchanges, the orderbook is dormant.
full member
Activity: 994
Merit: 100
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August 15, 2019, 10:16:02 AM
#40
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
many sites bring up the price of crypto and not all can be trusted because it's the price of their own version. prices are not exactly the same, only differ not too far away. use a site that is widely used by other crypto users.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
August 14, 2019, 08:30:21 AM
#39
Because the same coin can be listed on multiple exchanges and the value of a coin on any exchange is decided by its traders. If there is issue with LTC withdrawal that takes place already several months, the price of LTC may be low on this exchange, because you cannot transfer them.
full member
Activity: 625
Merit: 100
July 25, 2019, 03:54:34 AM
#38
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

Because trades are constantly seen. A guy came in and decided to sell his BTC 10% lower and the price went up faster. Another sold more expensive. So on any trading platform there is nothing surprising.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 25, 2019, 03:40:37 AM
#37
Crypto is quite possibly the most difficult thing to predict when it comes to price. Anyone that tries to call prices out more than 5 days I have to scoff at.

Fun to guess, I suppose, but it's pure speculative bs, based on nothing. Crypto has proven it can wreck bears/bulls faster than any other market probably, with wild swings.
Not so difficult as long as the trend still depends on the major crypto like bitcoin and the movement of altcoin will be following it. it can jump even in a few minutes and back to the ground just for a few seconds later.
 but this was discussing about the variation in the price from some exchange sites. that's 100% depends on the trading volume.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
July 25, 2019, 02:01:33 AM
#36
Crypto is quite possibly the most difficult thing to predict when it comes to price. Anyone that tries to call prices out more than 5 days I have to scoff at.

Fun to guess, I suppose, but it's pure speculative bs, based on nothing. Crypto has proven it can wreck bears/bulls faster than any other market probably, with wild swings.
full member
Activity: 798
Merit: 104
July 24, 2019, 09:39:31 PM
#35
It's different variation because it may vary in the number of traders in that site that is why coins listed in that site especially in well known exchange are more profitable or has chance higher price increase.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
July 24, 2019, 07:38:16 PM
#34
.. for arbit sales.
but this is risky because it competes with time.
This is what i used to do, a year ago. It is true that it's risky, because we're not the only one who see it as an opportunity.
The fastest is the winner.
How fast will be determined by your exchange site. some exchange sites may able to block withdrawal for a while due to the arbit reason. I have seen so many exchange sites have not allowed the users to do arbit to another exchange site.
I just heard that. I don't think there is an exchange that can prohibit certain coin deposits.
how do you know that a trader is trading arbitrage?
Unless the trader violates the rules or cheats.
sr. member
Activity: 1078
Merit: 354
July 23, 2019, 05:44:40 AM
#33
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

Because prices relate to buy and sell orders on that exchange, and because generally markets are quite thin which can amplify the effect. Often there is little difference, and the cost of sending your coins to another exchange can wipe out any advantage you can get. With smaller coins though, there is potential for arbitrage.
copper member
Activity: 812
Merit: 6
July 23, 2019, 04:37:35 AM
#32
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
I think it is because they has a different algorithms and ways to analyze the price data.. If you want a really accurate price, than go right to the exchange and look and buy/sell orders list.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
July 23, 2019, 03:01:30 AM
#31
I have heard of some cryptocurrency having different values on different exchanges too, although the margin is not that so wide for some examples that I have seen people give in this forum.

Heard? You just need to go in yourself and see. For me,,, the best prices is always at P2P like localbitcoins you can never beat the prices if you are opening the trades yourself. But even as a taker you usually get better price than any exchange I see. This is the true meaning of p2p I guess, where sellers/buyers decide their own price.
legendary
Activity: 3290
Merit: 1128
July 23, 2019, 12:53:41 AM
#30
I have heard of some cryptocurrency having different values on different exchanges too, although the margin is not that so wide for some examples that I have seen people give in this forum. I have never really paid much attention to it for me to know or spot one out because I believe that the exchange that I am using has the best and accurate information on any of the coin that is listed on their exchange platform, but I think some of the reasons why we could notice this is either volume, price manipulation, and sometime it could be arbitrage.

Sometimes it could also be sluggish response of the site in updating the new value as fast as possible. I remember there was a day I saw bitcoin enter $10300 on coinmarketcap, but my local exchange still recorded $10850, it took them almost 5 minutes to get it updated to the latest  price.
jr. member
Activity: 552
Merit: 1
July 18, 2019, 06:49:28 PM
#29
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
This is a direct replica of what is seen happening in offline marketplaces. There will definitely be disparity since buyers and sellers are no equally the same. Most of the times, most especially for coins that are already stable, there is usually still a little difference, let alone coins whose values or prices are not yet stable.
sr. member
Activity: 1792
Merit: 264
July 18, 2019, 06:44:21 PM
#28
each exchange certainly has a different trading volume but the price difference from each other does not experience much difference, maybe it is because it depends on the number of requests and offers in each exchange with the number of registered members, but each exchange certainly has its own source so the price movements are not far away different from other exchange sites
member
Activity: 753
Merit: 15
mulierum.com
July 17, 2019, 07:38:03 PM
#27
The difference that occurs in the same coin in different exchanges due to several things. The first is the nature of crypto itself, which is decentralized, where the holder of the token in the market controls the price. Besides that, because the price of crypto is very fluctuating, it can't be controlled. Trading the daily volume of these coins in each market is also different, so this causes a difference in prices.
legendary
Activity: 2324
Merit: 1603
hmph..
July 16, 2019, 08:07:22 PM
#26
A simple explanation about this situation.

If you going to the traditional market, someone sells brand A, $1. then you are going to another store, but there with the same brand, they sell $1.5. Why does it happen? Because all store has own rules. The seller has own decision to sell. Condition like this happens in the crypto market too.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
July 16, 2019, 06:44:07 PM
#25
The prices are usually different because they are obviously two.different exchanges and volume/demand/supply of that token is not the same, big traders tend to take advantage of this difference in price to.do.some Arbitrage trading.
legendary
Activity: 2212
Merit: 1008
July 16, 2019, 07:14:22 AM
#24
each exchanger has a different system, and also different traders too,
so it's natural if the price is still different for each exchanger, but if it's a little different I think it's still reasonable, different things if the price difference is far away, like BTC prices vary hundreds of dollars between exchangers with each other,

Well, I think this is the right answer. And every exchange actually has its own liquidity, this also makes every exchange of prices different. But I don't think this is a problem because the price difference will not be far from the original price, the original price we see is usually taken from exchanges that have high volumes or average prices from several exchanges.
newbie
Activity: 35
Merit: 0
July 16, 2019, 04:56:59 AM
#23
because they are looking at different markets of that specific cryptocurrency, they all vary differently.
hero member
Activity: 1470
Merit: 655
July 16, 2019, 04:46:42 AM
#22
something  that i don't see anybody mention is that OP is just saying "site" not saying what type of site. if it is exchanges then it is already answered. but many newcomers don't look at exchanges for prices, they instead look at third party websites such as coinmarketcap.com and similar lists like that. and the problem with these sites is that first of all they are not updated as fast as the real market. they can be updated as slow as every 5 minutes up to every hour. and secondly they are reporting average prices not the market price that is exact on one market. so when you look at different lists and compare them with exchanges you will always see differences
sr. member
Activity: 868
Merit: 251
July 16, 2019, 04:41:41 AM
#21
Not all cryptocurrencies have such a price difference. Usually, the most popular cryptocurrencies have a difference in price. As well as the price is affected by trading volumes on different exchanges.


member
Activity: 700
Merit: 10
July 16, 2019, 03:46:12 AM
#20
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

The price difference in each exchanger is reasonable because the price of each coin is not centralized and everything depends on the demand and supply on the exchanger itself. Unlike forex with a centralized price, the price of cryptocurrency is not centralized because it is decentralized
member
Activity: 784
Merit: 10
July 16, 2019, 01:34:22 AM
#19
Yes the prices of an altcoin on every exchange differs, because of some protocol and by their service fee or transaction fee. Thay also differ on volume trades. Prices varies depends on the transaction withdrawal fee and also minimun withdrawal, so if they have the same, maybe they have equal fees.
legendary
Activity: 1862
Merit: 1015
July 15, 2019, 10:11:48 PM
#18
each exchanger has a different system, and also different traders too,
so it's natural if the price is still different for each exchanger, but if it's a little different I think it's still reasonable, different things if the price difference is far away, like BTC prices vary hundreds of dollars between exchangers with each other,
sr. member
Activity: 1498
Merit: 251
KUWA.ai
July 15, 2019, 09:57:40 PM
#17
.. for arbit sales.
but this is risky because it competes with time.
This is what i used to do, a year ago. It is true that it's risky, because we're not the only one who see it as an opportunity.
The fastest is the winner.
How fast will be determined by your exchange site. some exchange sites may able to block withdrawal for a while due to the arbit reason. I have seen so many exchange sites have not allowed the users to do arbit to another exchange site.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
July 15, 2019, 03:32:39 PM
#16
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
The main reason is liquidity, most of the big exchanges have their prices close to each other but the small exchanges lacks liquidity and rely mostly on these big exchange to drive prices direction, that is why you notice huge spread on most of these small exchanges
full member
Activity: 429
Merit: 100
July 15, 2019, 03:12:45 PM
#15
You are right, there must be a slight difference in prices but not much different. Apart from liquidation, there are differences in the time and source of the site. I think this is still normal, as long as it doesn't experience a large price difference. Visit an official site and have a clear source of information. So that you are not fooled by the price chain.
legendary
Activity: 2982
Merit: 1069
July 15, 2019, 02:19:24 PM
#14
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

Every exchange is a different market. If you even view the real world market, prices for goods would be a bit different on each.
Transaction fees, withdrawal fees, etc keeps the small margin difference. But when it increases significantly, it's balance by arbitrage trading.
full member
Activity: 854
Merit: 115
July 15, 2019, 12:04:09 PM
#13
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.

Because in my opinion there is no site that actually presents real-time data.
In addition this's several sites to check the price of a coin or token.

  • CoinmarketCap
  • CoinGecko
  • CryptoCompare
  • CoinLib
  • LiveCoinWatch
  • Coincodex

Most of them claim to use real-time data but we (especially me) don't really know how "real-time" data they present
member
Activity: 1008
Merit: 12
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July 15, 2019, 11:39:03 AM
#12
It is because of different investors and traders on different exchanges that is why prices can be different too and for the knowledge of readers here many people make profit out of this price difference on different exchanges and it is called arbitrage.
full member
Activity: 924
Merit: 106
homt.net
July 14, 2019, 10:52:30 PM
#11
Because it is an open market based on supply and demand with no fixed price.
And there will be no big diffrents in prices because arbitrage speculators exist.  Cheesy
full member
Activity: 966
Merit: 102
July 14, 2019, 10:32:38 PM
#10
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
The value of an crypto currency depends on many factors, such as volume trading, uneven distribution of the electronic money community, pumping and dumping groups.  The most important factor is still volume because the package represents the liquidity of crypto currency.  And the price difference between exchanges is normal.
jr. member
Activity: 252
Merit: 1
Change Your Worlds Build a New Era!
July 14, 2019, 08:44:05 PM
#9
.. for arbit sales.
but this is risky because it competes with time.
This is what i used to do, a year ago. It is true that it's risky, because we're not the only one who see it as an opportunity.
The fastest is the winner.
jr. member
Activity: 252
Merit: 1
Change Your Worlds Build a New Era!
July 14, 2019, 08:40:52 PM
#8
Why are the prices of the same cryptocurrencies on different sites different?
Have you find token with only 2 to 3 exchange to sell or buy with but the different gap of the price is so high?
I've seen one, and that's just a shit token that will just survive for a month or less.
What i mean here is, the question that you're asking is only apply to top ranked coins/tokens.  Which means that, they have good reputation,
good oppinion about them, have passed throught the bad and good times, and they are sold or bought in some exchanges which are reputable and good.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
July 14, 2019, 07:50:14 PM
#7
Only a small difference. but sometimes prices differ greatly and it becomes an opportunity for arbit sales.
but this is risky because it competes with time.
jr. member
Activity: 518
Merit: 3
July 14, 2019, 06:29:23 PM
#6
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
When data is wrongly stored, such is likely going to happen.
This has been happening for quite some time now and which is why you always to to check exchanges, at least to confirm their prices, before concluding or affirming that you know its price and not what others area saying.
hero member
Activity: 2884
Merit: 579
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July 12, 2019, 12:51:46 AM
#5
They have their own preferences but as long as it's near to the price of what the demand tells, it's now you to determine on what's the best price for you.

I don't know where they are depending their prices but it's likely that there's something to do with the supply, demand and liquidity on that exchange where that specific coin is listed.
jr. member
Activity: 448
Merit: 2
July 12, 2019, 12:30:38 AM
#4
Why are the prices of the same cryptocurrencies on different sites different?
I would say that the sites collated data from different sources.  As you know, in many cases some sites prefer to collect their data from Coingecko while some prefer to use coinmarketcap and this 2 major sites have In many cases have or show different prices in the same cryptocurrency. Some had said that Coingecko has the correct data of price
full member
Activity: 980
Merit: 132
July 12, 2019, 12:15:48 AM
#3
Why are the prices of the same cryptocurrencies on different sites different?

It's simple, as real people trade mostly on exchanges. Therefore, you have noticed a discrepancy in the price, but as a rule they are not significant for popular Altcoins and Bitcoin, but if a coin or token is claimed on 2-5 exchanges, then a difference is quite possible.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 11, 2019, 11:09:28 PM
#2
Why are the prices of the same cryptocurrencies on different sites different?
Because the liquidate in any sites are different, you can see that when there was a coin that worth $0.1 in site A and then you will see that coin worth $0.12 in the site B. but I guess you can take exchange site which has a big volume as the best source to get the real price of token itself.
jr. member
Activity: 132
Merit: 3
July 11, 2019, 10:59:55 PM
#1
Why are the prices of the same cryptocurrencies on different sites different? They are very near but not exactly the same.
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