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Author Topic: Coinbase buy price...  (Read 482 times)
tvbcof
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February 08, 2014, 09:34:44 PM
 #1


...is notably higher than I could get on the exchanges I just noticed (me selling.)

Not sure what that means, but it is not something I've noticed very often before since I've been a customer of theirs.  I assume that it means that they wish to have BTC for their buying clients, and I would expect that by now their algorithms are sufficiently advanced to reflect their own market dynamics reasonable well (and adjust safely and reasonably quickly.)


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pungopete468
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February 08, 2014, 10:13:13 PM
 #2

It looks like Coinbase uses the average across Bitstamp, BTC-e, MTGox, and Huobi...

If you add them all together and divide by 4 you get a number very close to Coinbase's sell price...

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