What's the real price?

[SistaFista]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

Some exchanges are have different price each others sometimes. That's why arbitrage traders can get profit from that.
The price then will becoming same after the traders balanced the price across the exchanges.
Some exchanges may have very different price because it is either the withdrawal or deposit is not available on that exchange.

[Atomic_Lemon]

Those prices come from different exchanges.

That is what makes the prices differnt

[jemarie20]

The price arent even far from each other. If you will look at exchanges you can also notice this difference that they dont have same price.

Any of them will do but I used to check it with preev and cmc, when you will convert it to fiat, the price varies and will depend to the exchange you will use.

Yes, you right! I agree with you, because the price of bitcoin is really depends on what exchanges site will you use  like other coins, sometimes you can buy it in low price in some specific exchange but there is different price in the other exchange sites.

[brightology]

Bitcoin prize is seriously fluctuating towards the crypto community, which has been the challenge over seven months now, Therefore you can only take a range in prize base on the current prize at $4,056.00 and it keep fluctuating up and down.

[Rafiqul]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

Coinmarketcap, cryptocompare, preev, coinlab show same time different prices any coin. I think they show it  average prices  on depending various exchanges. I believe it will be better to follow which exchanger you want to  use.

[lepbagong]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

It seems that it will be difficult to be able to equalize the price of one another, it is clear they will determine the estimates according to and needs of themselves. because the calculation of each institution will be different, we live looking for the best for us and of course with the convenience obtained in exchange.

[cizatext]

Bitcoin prize is seriously fluctuating towards the crypto community, which has been the challenge over seven months now, Therefore you can only take a range in prize base on the current prize at $4,056.00 and it keep fluctuating up and down.

You are right on that since bitcoin has no fixed and stable price the best thing for us to do is to fix our mind on the present the different exchange put to us and try to work with that but to say the Truth for us to be thinking of bitcoin ever having a stable market it will be a day dreaming that may never come to reality.

[playboy654]

Bitcoin prize is seriously fluctuating towards the crypto community, which has been the challenge over seven months now, Therefore you can only take a range in prize base on the current prize at $4,056.00 and it keep fluctuating up and down.

You are right on that since bitcoin has no fixed and stable price the best thing for us to do is to fix our mind on the present the different exchange put to us and try to work with that but to say the Truth for us to be thinking of bitcoin ever having a stable market it will be a day dreaming that may never come to reality.

Because of and stability in Bitcoin we don't have any fixed price to fix and buy or sell we can say any value it adapt to the value the next day are the yesterday so we can say any price it will suitable for Bitcoin.

[wierzka]

Bitcoin prize is seriously fluctuating towards the crypto community, which has been the challenge over seven months now, Therefore you can only take a range in prize base on the current prize at $4,056.00 and it keep fluctuating up and down.

You are right on that since bitcoin has no fixed and stable price the best thing for us to do is to fix our mind on the present the different exchange put to us and try to work with that but to say the Truth for us to be thinking of bitcoin ever having a stable market it will be a day dreaming that may never come to reality.

Because of and stability in Bitcoin we don't have any fixed price to fix and buy or sell we can say any value it adapt to the value the next day are the yesterday so we can say any price it will suitable for Bitcoin.

Totally agree, it's just impossible to say what's the specific price

[Schirer]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

There is no such thing as real price, the real price depends on factors do you define it.
I believe that the most accurate price is that which is made of prices which are traded against usd and euro

[Biscutard]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

There is no such thing as real price, the real price depends on factors do you define it.
I believe that the most accurate price is that which is made of prices which are traded against usd and euro

People should stop predicting or asking question about what is the best price, bottom, high etc., but instead be more realistic in looking the possibilities that could happen on some levels of factors. Thus, they would know what will be the next step that they have to do.

[Omega Weapon]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

Bitcoin is just like any other thing in the world, if you want to to buy a car you will realize there are several prices for the very same model and the same is true for bitcoin, different exchanges have different prices at any given time and all of those prices are real, if you are a trader make sure to buy from the exchange that has the lowest value so you can buy more bitcoin.

[gabmen]

Currently we have BTC at $ 3,730 on cryptocompare (https://www.cryptocompare.com/)
And BTC at $3,674 on preev (http://preev.com/)

Which one is the most reliable? An average of the prices?

Bitcoin is just like any other thing in the world, if you want to to buy a car you will realize there are several prices for the very same model and the same is true for bitcoin, different exchanges have different prices at any given time and all of those prices are real, if you are a trader make sure to buy from the exchange that has the lowest value so you can buy more bitcoin.

Yeah most of the prices indicated in established exchanges are often reliable though they don't have the same price. Though i don't recommend buying from one exchange then selling on another. Fees would likely level the difference and you might lose a good opportunity while transfers are being done.

[esetop01tryba]

Perhaps the site sends information about the cost of bitcoin with a delay, I will advise you to track the bitcoin exchange rate on the exchange or use the coinmarketcap service. Still you can download the coinbase wallet and install the widget for smartphones from will display the value of the coins that are in the top.

[darewaller]

Real price changes constantly. Bitcoin doesn't have one true price, bitcoin is mostly depends on what people think it worth and nothing else, some people think bitcoin is backed by the miners and the cost of mining is the true value but in reality we have seen that is not true quite recently.

Bitcoin mining cost was a lot more than current price but when price went down the miners stopped mining (some of them) and the difficulty dropped as well which made the mining cost a lot less. Hence we can see from that bitcoin cost is not the true price. It is only backed by people and people who think bitcoin worth a certain amount, sort of an agreement between buyers and sellers which changes constantly. As long as we do not turn into some sort of stable coin (impossible) price will keep on changing.

[Omega Weapon]

Real price changes constantly. Bitcoin doesn't have one true price, bitcoin is mostly depends on what people think it worth and nothing else, some people think bitcoin is backed by the miners and the cost of mining is the true value but in reality we have seen that is not true quite recently.

Bitcoin mining cost was a lot more than current price but when price went down the miners stopped mining (some of them) and the difficulty dropped as well which made the mining cost a lot less. Hence we can see from that bitcoin cost is not the true price. It is only backed by people and people who think bitcoin worth a certain amount, sort of an agreement between buyers and sellers which changes constantly. As long as we do not turn into some sort of stable coin (impossible) price will keep on changing.

The price also depends on many factors, there have been cases of countries with economic problems that suddenly saw a shortage of bitcoin as the public began to buy many coins and suddenly the price went up really fast to the point we have seen the price of bitcoin more than double in those countries so despite the huge difference with the rest of the world that price was real as well.