Silk Road forums

Discussion => Newbie discussion => Topic started by: crypto on September 29, 2013, 06:10 am

Title: How is btc/usd exchange rate being calculated?
Post by: crypto on September 29, 2013, 06:10 am
I noticed exchange rate is about 7%  lower than on Gox, why is it?
Title: Re: How is btc/usd exchange rate being calculated?
Post by: cryngie on September 29, 2013, 06:21 am
to make more money
Title: Re: How is btc/usd exchange rate being calculated?
Post by: Cornelius23 on September 30, 2013, 03:56 am
I think it's supposed to be an average from a selection of different exchanges, of which I think Mt Gox has the highest prices.
Title: Re: How is btc/usd exchange rate being calculated?
Post by: cryngie on September 30, 2013, 04:04 am
Its also to cover the wild fluctuations btc have because its only updated every hour or so I think