Silk Road forums

Support => Customer support => Topic started by: Iamapoorboytoo on August 09, 2013, 09:30 am

Title: Where does bitcoin rates come from?
Post by: Iamapoorboytoo on August 09, 2013, 09:30 am
Mt.Gox?

Mt.Gox price is 10% higher than real price, so sellers are fucked up for another 10% (it's heaven for buyers though). Can we do something about that?

With love,
IAAPBT
Title: Re: Where does bitcoin rates come from?
Post by: WhiteShark on August 09, 2013, 10:58 am
DPR posted how the rate comes from multiple exchanes. BTCE, and others.
And how the rate is weighed based on the volume of the exchange.
Title: Re: Where does bitcoin rates come from?
Post by: cirrus on August 09, 2013, 12:57 pm
Quote from: WhiteShark on August 09, 2013, 10:58 am
DPR posted how the rate comes from multiple exchanes. BTCE, and others.
And how the rate is weighed based on the volume of the exchange.

^This^