<p>In the past blockchain.info got their prices from two sources: MtGox and Tradehill (though in the meantime they have removed the reference to Tradehill from their description). It could be related to that.</p>

<p>Also other media report a peak rate of USD 33, e.g., <a href="http://www.economist.com/blogs/babbage/2011/10/virtual-currencies" rel="nofollow">http://www.economist.com/blogs/babbage/2011/10/virtual-currencies</a></p>

CC BY-SA 3.0
2013-10-11T12:05:10.687Z
2013-10-11T12:05:10.687Z
Marco Polo
<p>According to blockchain.info, BTC reached a peak rate of $35 in June 2011. According to the data available from bitcoincharts.com, the highest price BTC was traded in Mtgox that month (and until recently, the all-time high) is $31.9099.</p>

<p>What is the reason for this discrepancy? Does blockchain.info give the rate from an exchange other than Mtgox?</p>

CC BY-SA 3.0
2013-02-28T13:27:25.653Z
Not sure but there were a lot of canceled trades occurring back in the day, especially with the fraudulent access to login credentials occurring before Mt. Gox realized there truly was a security breach.
Stephen Gornick
CC BY-SA 3.0
2013-02-28T14:28:03.973Z
@StephenGornick: Weren't these things some time after the peak?
Meni Rosenfeld
CC BY-SA 3.0
2013-05-26T18:48:00.913Z
Could you point to the page that says this?
Nick ODell
CC BY-SA 3.0
2013-05-26T19:31:59.200Z
@NickODell: http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1. It's not so visible now, it can be found by searching for "35.0" in http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&format=json.
Meni Rosenfeld
<exchanges><exchange-rate>
Why does blockchain.info say BTC was traded for $35?
Meni Rosenfeld
# Why does blockchain.info say BTC was traded for $35?

(Asked by: username_0 on 2013-02-28)

According to blockchain.info, BTC reached a peak rate of $35 in June 2011. According to the data available from bitcoincharts.com, the highest price BTC was traded in Mtgox that month (and until recently, the all-time high) is $31.9099.

What is the reason for this discrepancy? Does blockchain.info give the rate from an exchange other than Mtgox?

**Tags:** exchanges, exchange-rate

> **Comments:**
> **username_1**: Not sure but there were a lot of canceled trades occurring back in the day, especially with the fraudulent access to login credentials occurring before Mt. Gox realized there truly was a security breach.  
> **username_0**: @StephenGornick: Weren't these things some time after the peak?  
> **username_2**: Could you point to the page that says this?  
> **username_0**: @NickODell: http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1. It's not so visible now, it can be found by searching for "35.0" in http://blockchain.info/charts/market-price?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=1&format=json.  

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## 1 answers

### Answer by username_3 on 2013-10-11. Score: 2 | Accepted answer

In the past blockchain.info got their prices from two sources: MtGox and Tradehill (though in the meantime they have removed the reference to Tradehill from their description). It could be related to that.

Also other media report a peak rate of USD 33, e.g., <http://www.economist.com/blogs/babbage/2011/10/virtual-currencies>


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