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grondilu (OP)
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October 22, 2010, 08:23:41 AM
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Bitcoin4cash.com displays a rate of 0.105$/BTC.

I think it's the record high, isn't it ?


BTW, how does bitcoin4cash establish such price ?
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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The Madhatter
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October 22, 2010, 05:56:03 PM
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Quote from: grondilu on October 22, 2010, 08:23:41 AM
BTW, how does bitcoin4cash establish such price ?

I'll assume you're asking me. Smiley

It's a combination of mtgox/bcm and trade data from my own trades. I do allow my clients to haggle a bit on larger orders. Tongue
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October 24, 2010, 12:24:23 PM
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Quote from: The Madhatter on October 22, 2010, 05:56:03 PM
It's a combination of mtgox/bcm and trade data from my own trades. I do allow my clients to haggle a bit on larger orders. Tongue

Hi Madhatter,

I see now that we're at almost 0.14$/bc !  That's 40% in a few days.   I don't know if I should be happy about that.   It will obviously be used by bitcoins detractors to say that bitcoin is a buble.
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