Bitcoin use in the darknet

So this question has been on my mind lately: if I bought 100 dollars worth of bitcoin but a week later when I wanted to buy some popsicles, the price of bitcoin dropped 30 bucks. Would the vendor prices reflect this drop or am I taking a loss on my delicious popsicles?


Comments


[8 Points] al_eberia:

The vendor prices are pegged to USD, the markets take an average of the BTC price several times an hour and adjust the bitcoin prices accordingly. That is why most people try to buy bitcoins only when they want to make a purchase and buy ~10% more than they need to cover any price drop in the short period between the bitcoin purchase and the bitcoins arriving at the market.


[2 Points] agorathrow8080:

If your popcicles are 20$ today they will be the same tomorrow. Like the other response said, get your coins and buy same day. If you wait, and btc drps, you are thenonly one shit out of luck

At the same time, once you purchase, then the vwndor takes the hit, which is whynits important to finalize as soon as you recieve, or fe for certain vendors if you want that risk.

I have had several extra popcicles sent to me when i have fed when price is going crazy. But again, thats s risk of not getting anything