Bitcoin Forum

Economy => Speculation => Topic started by: jaredboice on November 07, 2015, 04:35:49 PM



Title: $22 difference between Coinbase price and CoinMarketcap (Please no trolling)
Post by: jaredboice on November 07, 2015, 04:35:49 PM
At the time of this posting--

Coinbase: $382.34

Coinmarketcap: $360.57

I have never seen a divergence this wide between these two.  Is this a glitch or is indicative of something else?  Does anyone know how the two are calculated or averaged? I'm very curious.


Title: Re: $22 difference between Coinbase price and CoinMarketcap (Please no trolling)
Post by: criptix on November 07, 2015, 04:37:37 PM
Cmc.com is down for me.


Title: Re: $22 difference between Coinbase price and CoinMarketcap (Please no trolling)
Post by: r0ach on November 07, 2015, 04:43:39 PM
Must have randomly chosen the dumpster exchange BTCE.


Title: Re: $22 difference between Coinbase price and CoinMarketcap (Please no trolling)
Post by: rtrtcrypto on November 07, 2015, 04:57:18 PM
Price is quoted off their own exchange, if I'm not mistaken. It's usually a few dollars over coinmarketcap. Should correct towards closer parity soon.


At the time of this posting--

Coinbase: $382.34

Coinmarketcap: $360.57

I have never seen a divergence this wide between these two.  Is this a glitch or is indicative of something else?  Does anyone know how the two are calculated or averaged? I'm very curious.


Title: Re: $22 difference between Coinbase price and CoinMarketcap (Please no trolling)
Post by: Trouble821 on November 07, 2015, 05:02:17 PM
It's showing $382.98 on coinmarketcap for me. Maybe there was a brief spike down on an exchange like btc-e that made the average price $360.57. One brief extreme price on an exchange can make a large difference to the coinmarketcap average for any coin.


Title: Re: $22 difference between Coinbase price and CoinMarketcap (Please no trolling)
Post by: jaredboice on November 07, 2015, 05:29:41 PM
It's showing $382.98 on coinmarketcap for me. Maybe there was a brief spike down on an exchange like btc-e that made the average price $360.57. One brief extreme price on an exchange can make a large difference to the coinmarketcap average for any coin.

CMC showing $382 again... Crazy!