Bitcoin Forum

Economy => Service Discussion => Topic started by: Gine.Unnta on November 13, 2014, 05:23:00 AM



Title: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Gine.Unnta on November 13, 2014, 05:23:00 AM
I wanted to make sure it is November in 2014 instead of 2013.

what should we do for such a big meney  ::)


https://i.imgur.com/DMnH9S5.png


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: desticy on November 13, 2014, 09:56:32 AM
Unfortunately I did not catch this moment, but I think this is something blink of an eye.
Now the price tends to be the same, I guess it would stop $410.


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: 1Referee on November 13, 2014, 10:27:57 AM
Different exchanges means different traders. Different traders means different prices.

Probably caused by some one who got a bit too much excited and wanted to buy in quickly.

LakeBTC also has lower volume, which means it doesn't take that much for large traders to get the price up significantly.


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: cozytrade on November 13, 2014, 09:07:39 PM
First of all, bitcoinchart is not reliable, unfortunatelly  :-[


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: cozytrade on November 13, 2014, 09:08:45 PM
First of all, bitcoinchart is not reliable, unfortunatelly  :-[

Also why do you only see the latest trading price rather than bid -ask ???


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: TinaK on November 14, 2014, 08:19:59 AM
Unfortunately I did not catch this moment, but I think this is something blink of an eye.
Now the price tends to be the same, I guess it would stop $410.
Great TA! I agreen that's just a Reaper's Gala Dinner absurdly.  :(


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: GreenCoin22 on November 14, 2014, 10:11:47 AM
First of all, bitcoinchart is not reliable, unfortunatelly  :-[
Why do you say that? the data is updated according to the api of Exchanges


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: hardshot on November 14, 2014, 11:04:19 AM
From which site is that screenshot?


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: TinaK on November 14, 2014, 06:06:55 PM
From which site is that screenshot?
its very clear, bitcoincharts


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: cozytrade on November 15, 2014, 08:33:28 PM

I used to use bitcoinchart but the problem was they don't use native API of exchanges thus there are time delay and misinterpretation sometimes. They accept the proprietary format , which would be different from the native ones. You'd better refer to the native API rather than aggregator like bitcoinchart, especially when it comes to talking about real time price discrepancy like this. Of course it is OK to catch up general trend, but not for real time market analysis. Apart from the topic of this thread, we need to be careful about their choice of exchanges listed.

First of all, bitcoinchart is not reliable, unfortunatelly  :-[
Why do you say that? the data is updated according to the api of Exchanges


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: GreenCoin22 on November 17, 2014, 01:37:30 AM
Nothing is it now, the price is fall back below $400/
A game, a dream


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Bejkn on November 17, 2014, 04:41:32 AM
Different exchanges means different traders. Different traders means different prices.

Probably caused by some one who got a bit too much excited and wanted to buy in quickly.

LakeBTC also has lower volume, which means it doesn't take that much for large traders to get the price up significantly.
correct, but there are also man who keen to arb


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: nguyenducquy on November 17, 2014, 06:04:36 AM
the price depends on suply/demand in each exchange network


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: SanMerryDro on November 17, 2014, 06:59:48 AM
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Brmaster on November 17, 2014, 10:09:15 AM
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend

Traditional economics of supply and demand is not applicable to Bitcoin


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Coef on November 17, 2014, 10:58:46 AM
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend

Traditional economics of supply and demand is not applicable to Bitcoin

Nah, bitcoin price is still determined by the market forces just like any other products, services, currencies, etc.
Exchange is nothing but just a platform for matching buy orders with sell orders.


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: DirkMasline on November 18, 2014, 09:28:34 AM
Crazy, what time did it happened? How many people become to be a great wealth?


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: TinaK on November 19, 2014, 02:53:58 AM
Crazy, what time did it happened? How many people become to be a great wealth?
just wish nobody would jump form the building.


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: BentleyBirch on November 20, 2014, 06:28:36 AM
wish the price back soon  ;D


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: cozytrade on November 20, 2014, 10:25:08 PM
wish the price back soon  ;D

... year wish to be 1,000 but might be back to 100  :-\


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: YevaBoghos on November 21, 2014, 02:35:52 AM
wish the price back soon  ;D

... year wish to be 1,000 but might be back to 100  :-\
Don't be too gloomy, man

I'm new to Bitcoin when the price $500, so I think $600 would be good to be back ::)


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: TinaK on November 21, 2014, 05:23:25 AM
wish the price back soon  ;D

... year wish to be 1,000 but might be back to 100  :-\
Don't be too gloomy, man

I'm new to Bitcoin when the price $500, so I think $600 would be good to be back ::)
agree, you can buy some bitcoins now, the price will rise a bit soon.


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Nrcewker on November 24, 2014, 03:34:36 AM
This price is only a moment of meteor, it never come back  :(


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Gine.Unnta on November 25, 2014, 03:51:52 AM
okay, it's just a flash storm, the price gap would never more than $10 again. but I think anyone will be rich if he catch that opportunity


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: TinaK on November 25, 2014, 10:17:27 AM
okay, it's just a flash storm, the price gap would never more than $10 again. but I think anyone will be rich if he catch that opportunity

Wish it would occur once again tonight, I woould never miss it this time  ;D


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Bejkn on November 26, 2014, 02:44:05 AM
I also want it to happened once again


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: btceuropen on November 26, 2014, 05:54:34 AM
Have I missed something excited?


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: cozytrade on November 26, 2014, 10:36:45 PM
Have I missed something excited?

Don't worry you did not.  ;)


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: vigsun on November 27, 2014, 01:40:51 AM
Have I missed something excited?


just missed a big money, but don't worry, there would be more big money


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: Brmaster on November 28, 2014, 03:28:59 AM
the price depends on suply/demand in each exchange network
really? this is bitcoin, friend

Traditional economics of supply and demand is not applicable to Bitcoin

Nah, bitcoin price is still determined by the market forces just like any other products, services, currencies, etc.
Exchange is nothing but just a platform for matching buy orders with sell orders.
but there are many exchanges manipulate trading behind the scenes which we know nothing


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: titulng on November 28, 2014, 09:26:29 AM
Have I missed something excited?
you are lucky, you missed a disaster


Title: Re: LakeBTC' price is higher $20 than Bitstamp!! what happened?
Post by: DirkMasline on December 02, 2014, 07:55:46 AM
Crazy, what time did it happened? How many people become to be a great wealth?
just wish nobody would jump form the building.
I buy 15 BTC at $446, why now the price is only $380, and bitstamp is only $377 :(  when the price back to $500?  ???