Bitcoin Forum

Bitcoin => Press => Topic started by: bbc.reporter on August 06, 2017, 03:06:47 AM



Title: [2017-08-05] The Bitcoin Cash Price: Questions, Answers and More Questions
Post by: bbc.reporter on August 06, 2017, 03:06:47 AM
This article shows how fast everything moves in the cryptospace. This article was maybe written on August 3 or 4 and then published in Coindesk on August 5. If you check the quote below it says that there is a 20% price difference between different exchanges but most exchanges are now trading BCC at, more or less, 60 mBTC and have stabilized.

Maybe in 1 month everything will not be as bad as we thought.

https://media.coindesk.com/uploads/2017/08/shutterstock_666270961-e1501908449514.jpg

If there are, say, 20 percent price differences between different exchanges can an asset be said to have a consistent price? A casual look at Bitcoin Cash prices on Friday showed price deltas between exchanges in that range.

Should investors view this (and other questions) as an opportunity or an obstacle? One thing is clear, for now, these questions will certainly prove important to keep in mind.


Read in full https://www.coindesk.com/bitcoin-cash-questions-answers-questions/