Ninjastic
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Board Bitcoin Discussion
Re: Incorect price on Coinmarketcap.com
by
zhekinsp
on 08/10/2019, 13:43:56 UTC
Quote from: Rodeo02 on October 08, 2019, 12:43:40 PM
Quote from: zhekinsp on October 08, 2019, 06:07:24 AM
Quote from: Aliensquare on October 07, 2019, 07:34:19 PM
Has anyone seen this?

On coinmarketcap, historical value of bitcoin on 6th of Oct 2019 is 7,988.16 for Close.

Closing price for same date (checked on tradingview on multiple exchanges, and Bitstamp directly) was 7860 usd.

That's almost 2% increase for coinmarketcap. Wonder if they purposely screwing people...


So they are manipulating bitcoin prices? Tongue

Coinmarketcap is using the average value for showing prices and it maybe differ from the other sources.

Intentional price difference will be shown to altcoins with huge difference to bump or dump that coin.
i dont think they can manipulate price of exchange  Lol. coinmarketcap is use only to see price of each coins there must be a difference in price of each exchange, OP should check where  exchange cmc get that price info in that time.
In the past CMC has been accused of price manipulation but here is something different.People uses CMC to check the prices but once they enter into the exchange they don't check price as much since they checked earlier on trusted site like coinmarket cap which was the reason why they used to manipulate the prices.