Dear forum members and the bitcoin community, I would like to know and ask one thing related to the bitcoin price and the bitcoin exchangers like MTGox, BTC-E and Bitstamp.
Could someone explain me from where the bitcoin marketplaces like BTC-E and Bitstamp take their rates, for example the rate on MTGox is always for 10% higher than on BTC-E and Bitstamp is for 10% lower.
The MTGox rate is always very close to
http://bitcoincharts.com/ which is undertanable.
What makes the rate and who manages the rate on other exchangers than MTGox?
Thank you