There's no "correct" price. The price is dependent on exchange - it's a supply and demand aspect. All the exchanges do is reflect what the latest transactions r

There's no "correct" price. The price is dependent on exchange - it's a supply and demand aspect. All the exchanges do is reflect what the latest transactions respectively. You could buy bitcoins in a private transaction for any price. There is obviously some potential for arbitrage here but it's probably risky given the volatile nature right now.