Silk Road forums
Discussion => Security => Topic started by: MarloStanfield on August 12, 2013, 01:34 am
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Gox Last price 104.64 Weighted Avg 104.35 but Sr is ฿1 = $101.34. Why?
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I ask a question and get -1 karma??? hahah
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The price is $93 - $94 at Bitstamp, BTC-E, and CampBX. Doesn't SR use an average of these exchanges?
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Yes I think that's what's going on. It's now taking the average. About an hour ago it seemed like it was tied directly to the mt. gox price of around $105 dollars. So in an instant everyone just lost $4 worth of purchasing power for their bitcoins thanks to this unannounced change.
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I thought mt.gox...
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Yes I think that's what's going on. It's now taking the average. About an hour ago it seemed like it was tied directly to the mt. gox price of around $105 dollars. So in an instant everyone just lost $4 worth of purchasing power for their bitcoins thanks to this unannounced change.
That is something worth updating. Maybe it would have caused a sell off if they alerted everyone...
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DPR stated when it was in effect. It takes 5 exchanges into consideration and each is weighed by the amount of volume of trades it holds in the market.
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DPR stated when it was in effect. It takes 5 exchanges into consideration and each is weighed by the amount of volume of trades it holds in the market.
Guess i should get on the forums more...Thanks for the info