Silk Road forums

Discussion => Silk Road discussion => Topic started by: GreenGiant on February 10, 2012, 03:10 am

Title: does SR market use MTgox last price or weighted Avg.?
Post by: GreenGiant on February 10, 2012, 03:10 am
does SR market use MTgox last price or weighted Avg.?
Title: Re: does SR market use MTgox last price or weighted Avg.?
Post by: QTC on February 10, 2012, 03:11 am
Weighted average.
Title: Re: does SR market use MTgox last price or weighted Avg.?
Post by: ColdFrost on February 10, 2012, 04:48 am
Weighted average.

Yuuppp!
Title: Re: does SR market use MTgox last price or weighted Avg.?
Post by: Pharmville on February 10, 2012, 03:40 pm
Hi Green Giant,

I asked Mr. SR this question myself earlier this week and the answer is DEFINITELY the 24 hour trailing weighted average.

I still wish that rate was posted on the pages of SR so the buyers knew how to calculate how much something costs without having to go to another, cleartext web page.  I fear that they will open a cleartext Firefox at the same time they have their Tor browser open and their IP might be revealed to LE. :P

But Mr. SR told me that it was a "security issue" and on matters of security I have neither the technical expertise nor the personal authority here at SR to have any say about that so I always defer without question to Mr. SR on matters of security.  I just think LE can look at Mt. Gox too, but I guess there's probably some aspect of all of this that I'm missing in the mix.  Oh well. :)

Alex
Title: Re: does SR market use MTgox last price or weighted Avg.?
Post by: OldGuard on February 10, 2012, 05:53 pm
Why would someone connect to mtgox without using tor?? I get on there everyday with tor and never have a problem. Of course I do not have an account on there (way to risky) so using tor is a non issue.
Title: Re: does SR market use MTgox last price or weighted Avg.?
Post by: CaptainSensible on February 10, 2012, 10:10 pm
You can calculate the current Bitcoin price used by SR by going to the "Settings" link at the top of the page & changing from "display prices in Dollars" to "display prices in Bitcoins."  Divide dollars by Bitcoins & you have the Bitcoin value that SR is using. 

SR has to get the current Bitcoin pice from somewhere in order to have the correct value of a single Bitcoin.  Why this value can't be displayed is a mystery, but it doesn't have anything to do with security. 
Title: Re: does SR market use MTgox last price or weighted Avg.?
Post by: Angelology on February 10, 2012, 10:28 pm
does SR market use MTgox last price or weighted Avg.?
Weighted average, more simple that way.