Blockchain Values

[CaptainBeck]

Where does Blockchain.info get its value from??? I know of https://blockchain.info/charts/market-price, and http://markets.blockchain.info/, but the value it assigns to your BTC doesnt seem to be the average of the accounts.

Also, what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

[hilariousandco]

what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

Goes to the miners.

[CaptainBeck]

what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

Goes to the miners.

How?? Its not part of the block reward??

[DannyHamilton]

what happens to the BTC used in transaction fees?? https://blockchain.info/charts/transaction-fees

Goes to the miners.

How?? Its not part of the block reward??

Yes, it is.

The block reward is the sum of the block subsidy and all the transaction fees from all the transactions that are included in the block.

[infinitybo]

@Captainbeck Yes, that's right.
The fee is a mechanism to encourage mining called "transactions fees."