@cz_binance: RT @RussellOkung: Think of it less in terms of the “price of bitcoin” and more in terms of the “exchange rate between BTC & USD” Now consider what happens as the supply of bitcoin remains fixed (21M) while the supply of dollars becomes infinite.
Bitcoin is being completely manipulated by #2 Weird Exchange on market with Binance down. Price is ALWAYS jumping 300-500$ above actual price with-in minutes. Keep an eye on it. In 5 minutes it went from 7,500 to 7,900 now. It's completely manipulating Bitcoin's price with highest volume.
10-15 21:14 - 'Ok, this is official: Coinbase's price for Bitcoin is about $600-$700 cheaper than on other, 'regular' exchanges like Binance and Polo. You can try to explain that away with talk of USDT all you want, but...' (imgur.com) by /u/yourbrotherrex removed from /r/Bitcoin within 828-838min
Ok, this is official: Coinbase's price for Bitcoin is about $600-$700 cheaper than on other, 'regular' exchanges like Binance and Polo. You can try to explain that away with talk of USDT all you want, but...
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Will the Bitcoin Price DUMP as soon as Binance re-opens?
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