Bitcoin Forum

Bitstamp is making a new ATH, but Coinbase isn't. https://www.tradingview.com/chart/BTCUSD/3LLlSeUT/

How do you interpret this?

Coinbase is always higher than the rest of the markets for some reason... I think it's because they are incredibly slow in transaction times. Right now it's pretty equal tho, look at current Bitstamp and Coinbase prices.

Different technical analysis depending on the exchange is normal, but this figure is indeed very interesting, that wick is very aggressive and made a symmetrical triangle while Bitstamp is forming an ascending one... hard to say, but im bullish. I don't think Coinbase is a market maker, in fact, no exchange is, at this point Bitcoin is too big, too many markets with solid volume.

Literally, I'm not sure if this is counted as a ATH for bitcoin. Because I remember Bithumb showed $22,500 2 weeks ago. It was a friday night I think. Then the price dropped dramatically.

Those prices are not from coinbase, they are from GDAX, they are the same because they are the same company, but coinbase did not put those rates.

And maybe you mean that "gdax" has always had the most expensive rates, but that is true, the last time that bitcoin had an all time high, gdax showed $19,300, while bittrex/polo were at $17,400 if i am not wrong.


The difference between gdax and almost all the other exchanges are huge, i dont know why there is so much spread between them.

You forgot Bithumb which peaked @ $22500 during the insane run. Idk if they even count that as an ATH since it surpassed all the known highs in bitcoin, but then again, it's not a Western exchange so statistics won't probably count it as one. There are other scenarios in which Asian exchanges surpassed Western exchanges in terms of peak price, for example some Indian exchanges outperforms Western exchanges BTC/USD but still they won't consider it as an ATH lol.

It seems to me that all the rest of the exchanges are about to catch up with the new $20000+ reality. If an exchange crosses $20k, the rest would follow, and it's finally happening. Bitstamp is about to hit $19k. Usually Bitstamp is the most sloppy one to get prices going. Once Bitstamp crosses the barrier, it will be "official" that Bitcoin has crossed $20k, since once Bitstamp and Bitfinex do it, most have done it already (also a lot of people use Bitcoinwisdom to keep track of prices and these are the 2 big volume exchanges there).

Yes it has definitely made an ATH - for sure.
Aazing to watch btc rise exponentially like this...  8)

When the price is going up, i am so addicted to see the charts on gdax, it is incredible because there are big candles, the longest ones.

Maybe i am a weirdo for doing this, but i can stay more than fifteen minutes withoute moving myself, just keep looking at the charts and see how the candles go up and down all during the same time.


But yes, it did an all time high, the price has touched $19,4k , dont you think that it is an all time high?

And regarding to the guy who said that bithumb all time high's was $22,500, that is true, but it was just for a minutes because it suddenly dropped.

That's because Coinbase (GDAX) already hit the $19,000s a week ago, so they didn't start making new ATHs until today when the other exchanges got to that level. Anyway, this always happens at all-time highs. One exchange always lags behind the others and then people start posting threads like these. Usually Bitstamp is the laggard, though. I'm guessing Coinbase has a much smaller premium this time around because Coinbase traders "blew their wad" last time, so to speak, with last week's short squeeze.

Man, I'm soooo jelly of people margin trading BTC this week. My co-worker got injured so I'm putting in 80-hour weeks into Christmas week! No time/energy for trading. :-\

So far so good. But aren't you worried that price is gaining so much momentum that it really beginning to look like a bubble?
I sincerely hope that I am wrong here and we have nothing to worry about, but I no longer know what is "realistic" bitcoin price.
Do we even have something like that? Maybe John  McAfee was right and bitcoin will reach 1 million USD before 2020?