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Author Topic: Fair selling price?  (Read 582 times)
El Cabron
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November 16, 2011, 03:47:10 PM
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We have all wondered about what is a fair price to sell something in bitcoin. Recently I have used to formula 1x current, 3x daily weighted average by volume and 1x 7 day weighted average by volume.

Does this seem like the most fair way to find the current value of exchange? Can this be improved upon? If so why?

Thank you!

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
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BitcoinMint.US
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November 16, 2011, 03:57:21 PM
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I use the current highest bid, as something is only worth what you can sell it for.
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November 16, 2011, 04:02:55 PM
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I would typically go by the 24 weighted average because something is only worth what you can sell it for.

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