Silk Road forums

Discussion => Newbie discussion => Topic started by: Self Medicator on March 27, 2013, 12:26 pm

Title: Correct BTC exchange price
Post by: Self Medicator on March 27, 2013, 12:26 pm
Why does SR currently show the price of a BTC as 80.5022 when Mt Gox is showing it at 85+? How long does it take SR to catch up with current market exchange rates? Thanks
Title: Re: Correct BTC exchange price
Post by: Chaosforpeace on March 27, 2013, 12:55 pm
Neither are ever exactly correct.
Iv seen this to be the best as it is an average of a few different exchanges:
Clearnet:
https://bitpay.com/bitcoin-exchange-rates
Title: Re: Correct BTC exchange price
Post by: Self Medicator on March 27, 2013, 01:05 pm
the price that people trade BTC at is the closest to exactness we can get. As a trading exchange handling most BTC exchanges, we can best rely on Mt Gox. SR seems to be at a 6 hour lag in reporting the price of trades happening right now.