Silk Road forums

Support => Technical support => Topic started by: oso on January 26, 2012, 08:14 pm

Title: BTC Rate?
Post by: oso on January 26, 2012, 08:14 pm
I'm confused. I just processed an order for 62.57  and got 10.83 in BTC which comes out to 5.77 per BTC. I'm watching MTGox now and in the past 12hrs it hasnt gone above 5.77. It's actually about 10 cent lower. I thought the BTC rate here was averaged every hour. Something doesnt seem right here. IS anyone else noticing anything like this.

I withdrew my funds 30 min after getting them and now Im in MTgox looking at a 10cent hit or more per BTC.

?????
Title: Re: BTC Rate?
Post by: nexus68 on January 30, 2012, 04:10 am
This was confusing for me as well, especially since the admins never responded to my question, but it looks like the exchange rate SR uses is based on the MtGox weighted average.

edit: here is my thread if you are curious http://dkn255hz262ypmii.onion/index.php?topic=9279.msg85081#msg85081
Title: Re: BTC Rate?
Post by: oso on January 31, 2012, 01:33 am
I think that is fine, but I now noticed on a custom order that  $11.24 is missing from my account balance. But when I goto the tranaction page it even tells me I was only given $xxxx-11.24. This is after the supposed SR fees. I dont mind, but shit after 100 transactions i'm out 1100
Title: Re: BTC Rate?
Post by: nexus68 on January 31, 2012, 03:27 am
I feel you, a little transparency to keep everyone honest and to ensure no one is skimming off the top is all I am asking.