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Started By
Message
re: Can all Bitcoin exchanges just shut down without any explanation like Mt. Gox?
Posted on 2/25/14 at 12:39 pm to TH03
Posted on 2/25/14 at 12:39 pm to TH03
quote:
I don't know why some random index site doesn't include coinbase
Most probably because they couldn't figure out a script to include Coinbase into or Coinbase wouldn't allow it. It really could be something as simple as that but in Russians mind it's an ulterior motive and something drastic.
2
Posted on 2/25/14 at 12:41 pm to stout
dat HTML site doe 
Posted on 2/25/14 at 12:47 pm to stout
quote:Don't go paranoid on us, K.
but in Russians mind it's an ulterior motive and something drastic.
It's not ulterior. I explained above what I think what might be the reason.
Unlike the other exchanges, Coinbase doesn't display an order book for buy and sell orders. There has to be a reason for that.
I believe it's because they don't set their price from an order book but from some formula using real btc exchanges plus some pricing bias based on their own btc position.
There's nothing wrong or illegal with them doing that. But it could lead to a distortion in their price versus the "real" market price of btc.
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