Hello
Did anyone notice these buying selling bitcoin sites like unocoin and igot fooling us by shiowing incorrect market rate of bitcoin than showing in exchange websites like bitcoinpricerate.org ,preev.com , xe.com.
The unocoin Charges 3% + tax and igot charges 1% fees but they actually charges unocoin 7-10% and igot 3-5% by fooling us showing incorrect live rate. Compare the rate with exchange sites and share openion.
Oh ...how did I miss this post ? One basic thing needs to be understood here. There is nothing like a standard Bitcoin rate. If u follow btc-e closely, a few week ago, thousands of coins were dumped over there within a window of a few hours and the rate came down to some 140-200 usd per coin. Bitcoin rate is what actually the market is offering u. A true free market product, with no central authority.