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Bitcoin => Bitcoin Discussion => Topic started by: KonstantinosM on December 27, 2020, 03:06:38 PM



Title: According to CoinMarketCap 1 BTC = 0.99997455 BTC (Mod Please move to Off-Topic)
Post by: KonstantinosM on December 27, 2020, 03:06:38 PM
$27,370.51 USD (9.84%)
0.99997455 BTC (0.00%)

Kind of a weird bug. Can someone else here confirm this?

https://coinmarketcap.com/currencies/bitcoin/

Edit: It went back to 1.00000000 just minutes later. I did get a screenshot of the original.

https://ibb.co/P4DvR3b

screenshot: https://ibb.co/P4DvR3b

Edit2: I initially posted to Bitcoin Discussion on accident. This is pretty off-topic.


Title: Re: According to CoinMarketCap 1 BTC = 0.99997455 BTC
Post by: jackg on December 27, 2020, 03:16:08 PM
I see 1btc here.

I assume they use an average to calculate both, maybe one average was out or not yet updated...


Title: Re: According to CoinMarketCap 1 BTC = 0.99997455 BTC
Post by: BrewMaster on December 27, 2020, 03:34:49 PM
coinmarketcap.com has always been a terrible website with a lot of issues. it is also not a bitcoin price reporting site but instead an altcoin place that is why the price of bitcoin is being calculated in reverse as if it is one of the altcoins (from USD to BTC) and apparently something breaks in their code while they are doing that computation which is why instead of reporting price of 1 bitcoin they are reporting price of $27,370.51.


Title: Re: According to CoinMarketCap 1 BTC = 0.99997455 BTC
Post by: hd49728 on December 27, 2020, 03:36:44 PM
It is fine now. I guess it is only a temp error on coinmarketcap but don't think of how this error occured. 1 BTC is 1 BTC and no need to make any conversion so it should be a fix line on coinmarketcap.

Error if occurs with BTC and $, I can understand as it needs conversion.

The error makes me notice another funny thing on coinmarketcap. Why do they need the percent of BTC to BTC. It is not necessary and they should not present this info after all. They maybe operate the same template for all cryptocurrency and did not give BTC an exception.


Title: Re: According to CoinMarketCap 1 BTC = 0.99997455 BTC (Mod Please move to Off-Topic)
Post by: meanwords on December 28, 2020, 12:20:16 PM
It's obviously an error on their part. A little advice though - don't take everything in coinmarketcap seriously because they aren't 100% accurate. Always look at it with a grain of salt or you can compare it with other sites like coingecko or something.


Title: Re: According to CoinMarketCap 1 BTC = 0.99997455 BTC (Mod Please move to Off-Topic)
Post by: KonstantinosM on December 28, 2020, 10:52:12 PM
It's obviously an error on their part. A little advice though - don't take everything in coinmarketcap seriously because they aren't 100% accurate. Always look at it with a grain of salt or you can compare it with other sites like coingecko or something.

Well, I took it seriously and immediately sold all of my Bitcoin for Bitcoin so I could arbitrage the Bitcoin to Bitcoin pair.

I now own all the Bitcoin.