Quote from: eboard10 on January 26, 2014, 04:23:34 PM

Quote from: cdg1941 on January 26, 2014, 04:17:36 PM

Quote from: eboard10 on January 26, 2014, 04:11:08 PM

Quote from: ctenc001 on January 26, 2014, 03:26:16 PM

easiest way I found to calculate the correct amount is to go to a converter such as: http://preev.com/
Type in 1USD and it chugs out the correct Bitcoin amount.
divide that number by the current rate of Nobl on https://www.coinmarket.io/
takes about a minute
[/b]

The site you mention is currently giving a BTC price of $893 while Bitstamp has it at $824.5 Huh

different sites have different rates based on the trades that are taking place within their exchanges.

for example: Bitcoin (BTC) Crypto Currency Current Bitcoin Price: MtGox Exchanage MtGox: $1,006.01 Coinbase Exchanage Coinbase: $828.77 BTCe Exchanage BTCe: $826.00 Vircurex Exchanage Vircurex: $800.00

each exchange posts the price of bitcoin based on the trades that are going on within each exchange

as far as valuation... what i do is add them all together and divide by 4 to get a rough average

Makes sense now. IMO, I would use the price of the exchange I would be using to buy/sell bitcoins.

that would probably be your best bet, as far as trading goes. however i have been watching troll boxes on coinex and others and it seems that a lot of people trade for bitcoins on their own exchange then they move them to MtGox to cash them out. i couldn't tell you how fast it is or if there are any additional fees that go along with it to be honest