Silk Road forums

Discussion => Silk Road discussion => Topic started by: HerbalFarmer on April 05, 2013, 06:34 pm

Title: SR BTC Exchange Rate
Post by: HerbalFarmer on April 05, 2013, 06:34 pm
Just trying to get an idea of how this works.. I've been trying to figure out how much to dump into coins so I have enough in my account for a HP.. mtgox right now has been between 140-144 for the past few hours, yet SR is still saying 136 per coin, which has been jumping between 134-136. Does SR use it's own exchange to get more money? BMR is showing 144 a coin which matches the exchanges. Prices are good here, but once you're done paying fees for coin and all that it doesn't really work out to be worthwhile a lot of times when there are other options out there. I love SR and all, I'm just trying to understand why this doesn't add up. When you're dealing with a few thousand bucks, it ends up being a couple hundred bucks more than you're actually paying.
Title: Re: SR BTC Exchange Rate
Post by: HerbalFarmer on April 05, 2013, 06:47 pm
nevermind, it looks like it goes off the weighted average rather than the last price.. it looks like BMR goes off the last price, so your value will likely be higher over there. Sorry for the noob post lol