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Can people please stop reporting MtGox prices? The real[1] price is closer to $950 [1] The price on exchanges where you can actually withdraw USD, e.g. bitst

Can people please stop reporting MtGox prices? The real[1] price is closer to $950 [1] The price on exchanges where you can actually withdraw USD, e.g. bitstamp

drcode 13y ago
I agree mtgox prices are borked, but historically mtgox prices were used as the "official" price, and I think this is going to continue well into the future. Since these price milestones are arbitrary anyway, does it really matter?
- makira 13y ago
  That, and MtGox is often a leading indicator for the other exchanges.
  - deleted 13y ago
    [deleted]
  - drcode 13y ago
    No, if that was true there would be an easy arbitrage that would cancel this effect.
    - blhack 13y ago
      Only if it was really easy to get USD out of gox. It isn't.
- blhack 13y ago
  I'd say most people are quoting coinbase as the "official" price at this point.
  - waterlesscloud 13y ago
    You'd definitely be wrong about that.
Datsundere 13y ago
Why is bitstamp the real price? They don't even support adding funds from US banks without wire transfer. You can compare bitsmap with EUs market since that's what they seem to support better
Zoomla 13y ago
http://www.cryptocoincharts.info/ http://www.cryptocoincharts.info/
TomGullen 13y ago
MtGox has the longest price history, I think this is probably why it's often quoted.