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.
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