Topic: Weighted Average or direct price from a specific exchange? (Read 832 times)
Thanks guys!
Just use preev. It's an average of a handful of the biggest exchanges. http://preev.com/btc/
preev includes MtGox prices, which inflates the value.
To the OP: I would just use whichever exchange you use to convert to local currency with. Bitstamp and BTC-e will typically stick rather close to eachother, so the difference for the customer should be small. Just add a notice for customers informing them where you get your exchange rate from.
BitStamp - 1 (33.3%)
Mt. Gox - 1 (33.3%)
i am thin kthis what normal for future
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Just use preev. It's an average of a handful of the biggest exchanges. http://preev.com/btc/
preev includes MtGox prices, which inflates the value.
To the OP: I would just use whichever exchange you use to convert to local currency with. Bitstamp and BTC-e will typically stick rather close to eachother, so the difference for the customer should be small. Just add a notice for customers informing them where you get your exchange rate from.
You can choose which exchanges make up the average from the options.
Mt.gox price exchange is useless ... check virwox (system) or justcoin.
when i transform BTC to Euro, only last 2 is the true about the exchange ... example : 400mBTC = 200 euros (virwox and justcoin indicate 500euros/BTC and mt.gox indicate 720euros/BTC).
when i transform BTC to Euro, only last 2 is the true about the exchange ... example : 400mBTC = 200 euros (virwox and justcoin indicate 500euros/BTC and mt.gox indicate 720euros/BTC).
Just use preev. It's an average of a handful of the biggest exchanges. http://preev.com/btc/
preev includes MtGox prices, which inflates the value.
To the OP: I would just use whichever exchange you use to convert to local currency with. Bitstamp and BTC-e will typically stick rather close to eachother, so the difference for the customer should be small. Just add a notice for customers informing them where you get your exchange rate from.
global moderator
Activity: 3794
Merit: 2615
Join the world-leading crypto sportsbook NOW!
Just use preev. It's an average of a handful of the biggest exchanges. http://preev.com/btc/
Hey guys, I recently have been selling some shoes and clothing items for bitcoin and litecoin. When quoting prices in terms of BTC, I am curious as to which exchange you guys are using for the conversion to dollars, or your local currency? For instance, I sold some Jordans to a trusted member Mameise on this forum, and when giving him a price in BTC, I just went off of Bitstamp (which at the time was priced much lower than Gox or Huobi, but slightly higher than BTC-E. I was trying to be the most fair for both of us, so I just went off of the exchange in the middle. Obviously if you are selling for LTC or another alt-coin, you are more than likely going to be tied to BTC-E since they have the highest volume of most alt-coins.
I know that pricing shifts by the minute obviously on each exchange, but would like to know your thoughts on quoting prices in BTC... Thanks!
I know that pricing shifts by the minute obviously on each exchange, but would like to know your thoughts on quoting prices in BTC... Thanks!
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