Igot users, any comments on their btc price update in terms of efficacy and promptness?
Has anyone ever felt that igot's promptness in updating their btc price (when it falls) did not commensurate with their promptness in updating their btc price (when it increases)? Scenario I: When btc price plummets, their buy/sell rates stay relatively the same. However, when the btc price increases, their buy/sell rates swing accordingly to the market value? Scenario II: On a bearish day, when btc market value goes ~$373/btc (preev, bitcoinality, coindesk, etc) at 1PM-1:01PM, igot's buy/sell rates are $376/$371. On a bullish day, when btc market value goes ~$383/btc at 1PM-1:01PM , igot's buy/sell rates are $392/$383. Is there a method of justifying this and compare igot with other exchanges such as Coinbase? Could anyone tell me if this is normal, due to the demand/supply? Just a thought....constructive criticism of all sorts are welcome.
The following post by Minister99 is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7aht9f The original post's content was as follows:
See the Bitcoin exchange rate i.e. the current value of one bitcoin. Convert any amount to or from your preferred currency. Bitcoin is a digital currency. You can use Bitcoin to send money to anyone via the Internet with no middleman. Learn more here. This site uses the blockchain as a database. When you fund a pair, you’re funding future transactions which immutably store price data on a distributed ledger. Price data is continually gathered from multiple markets, and is updated every minute. A weighted average price of these markets is shown by default (based on 24-hour trade volume). Alternatively, you can choose a specific source from ... Preev is a site that allows anyone to see the current Bitcoin exchange rate and convert any amount to or from a wide choice of crypto- and fiat currencies. What is Preev Bitcoin Converter? Preev is a simple Bitcoin value converter, where you can enter any amount of Bitcoins and get it turned into dollars accordingly with the average market value of the Bitcoin. All you have to do to use the Preev Bitcoin converter is to enter a Bitcoin amount, for example 1.2365 and you will get to know how much it is worth. Bitcoin Preev allows you to: See the exchange rate of cryptocurrency i.e. the current value of your cryptocurrency . Convert any amount to or from your preferred currency. Bitcoin is a digital currency. You can use Bitcoin to send money to anyone via the Internet with no middleman. Learn more here.
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