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Topic: Who didn't see this coming? - page 2. (Read 1763 times)

member
Activity: 70
Merit: 10
July 17, 2015, 08:47:45 AM
#3
So I need to sell all my bitcorns?
hero member
Activity: 770
Merit: 509
July 17, 2015, 08:45:28 AM
#2
$220-240 is the price range that the whales (or one particular whale) want to keep it at.

Should the exchange price really be used to determine the non-exchange price? Does localbitcoins ever affect the exchange price? This maker-taker system is rubbish.

Saw comming what? Price is still above that range and has been for a while. 277 right now.
I think the price is determined by the exchanges that have the most volume. Localbitcoin has no impact on the price, the sellers there get their prices from exchanges too.
hero member
Activity: 812
Merit: 509
July 16, 2015, 12:10:11 PM
#1
$220-240 is the price range that the whales (or one particular whale) want to keep it at.

Should the exchange price really be used to determine the non-exchange price? Does localbitcoins ever affect the exchange price? This maker-taker system is rubbish.
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