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April 24, 2014, 11:18:20 AM
Last edit: April 25, 2014, 12:48:37 PM by profil3r |
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I would appreciate if someone could explain to me how the bitcoin stock price at major bitcoin exchanges (e.g. mtgox[in the past], bitstamp, bitfinex,...) is calculated.
I am well aware that it depends on supply and demand.
What I would like to know, are the technical details.
If I get it right, there is a continuous market where an automated system finds the bitcoin price which produces the highest volume of traded orders!?
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