BTC - When you realize that Mom & Dad are getting a divorce...
If you haven't made the switch to charting Binance instead of Bitfinex, you should.
This chart helps to show the volatility increase & improper swings on Bitfinex charts during the latest price movements.
If you are charting neither of these, then let me educate you really quick as to WHY you SHOULD be charting one of these two (well.. now just one) :
In order to receive the most accurate data, you should chart the exchange with the most daily trading volume, currently that is Binance sitting @ 4.88% daily volume via USDT (6/16/2018 - 8:01AM). The 2nd being OKex @ 4.20% (Smoke up bitches) and Bitfinex now @ 3rd place with only 3.49% of the daily trading volume (Source : CoinMarketCap , I would share the link but then I have these haters that report all of my stuff, so you're going to have to go find it on your own). Exchanges with the most daily traded volume are usually the ones that move the markets, thus providing the best / most accurate data.
Anyways, it used to be safe to chart Bitfinex because Binance was sitting in 2nd place and the spread didn't make a noticeable difference, but now things have clearly changed.
The safest & best exchange to chart, showing the most accurate data, is BINANCE (BTC/USDT).
-Love,
Wolfie
This chart helps to show the volatility increase & improper swings on Bitfinex charts during the latest price movements.
If you are charting neither of these, then let me educate you really quick as to WHY you SHOULD be charting one of these two (well.. now just one) :
In order to receive the most accurate data, you should chart the exchange with the most daily trading volume, currently that is Binance sitting @ 4.88% daily volume via USDT (6/16/2018 - 8:01AM). The 2nd being OKex @ 4.20% (Smoke up bitches) and Bitfinex now @ 3rd place with only 3.49% of the daily trading volume (Source : CoinMarketCap , I would share the link but then I have these haters that report all of my stuff, so you're going to have to go find it on your own). Exchanges with the most daily traded volume are usually the ones that move the markets, thus providing the best / most accurate data.
Anyways, it used to be safe to chart Bitfinex because Binance was sitting in 2nd place and the spread didn't make a noticeable difference, but now things have clearly changed.
The safest & best exchange to chart, showing the most accurate data, is BINANCE (BTC/USDT).
-Love,
Wolfie