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Doesn't matter :-) Coinbase's exchange rate is currently matching and even slightly surpassing MtGox's: An hour ago I saw Coinbase's bid at $265.xx and MtGox's
by mrb 13y ago
Doesn't matter :-) Coinbase's exchange rate is currently matching and even slightly surpassing MtGox's: An hour ago I saw Coinbase's bid at $265.xx and MtGox's bid at $264.xx https://coinbase.com/charts https://coinbase.com/charts
I usually check rates daily and today is the first day I saw MtGox not offering the highest bid(!)
- bdcravens 13y agoMy understanding is that Coinbase isn't 100% an exchange, though it does allow both selling and buying. I believe Coinbase bakes a profit into pricing; it's not a pure book. A better point of comparison would be exchanges that were around at the previous peak, such as Bitstamp or BTC-E.
- mrb 13y agoCoinbase is one of the top 3 highest-volume exchange in the US! This is where many people buy and sell. If their customers exchange bitcoins there, it is fair to say that Bitcoin "reached" the specified value it was exchanged at. Ignoring it is ludicrous.