There is almost always a market spread and it’s pretty universal that it won’t line up with spot basically anywhere you buy. But also keep in mind how nominally large a small percentage of the price is now. You mention $256 as the price difference, but that’s only 0.4%.
Finally orange pilled my uncle and it feels amazing to have another ally in the family. He's been buying like crazy on nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en but had a question that I'm pretty sure I know the answer too but wanted to check. #asknostr
it charged me $11 and some change for fee. I know all of them do that, but the price I paid was $256 higher than the price that was displayed on the graph when I initiated the purchase. I’ve been watching it and it’s very consistently when the transaction actually happens. Are they pulling a fast one, or is that common practice? It’s consistently around a one percent difference, and if I’m not mistaken, it’s always higher what your charged.
It could be the micro volatility, but it always seems like it’s higher ???
Discussion
Right it's kinda mind blowing how it has such near perfect consensus given how much data is collected from all over the world in real time 🤯. You just marvel at it sometimes.