I'm sure this will get some flak around here, but in light of BTC price at $295 (and dropping?), Agora has raised the bond for new vendors to 1.5 BTC.
Quote: "With the Bitcoin price dropping and so many new vendors requiring FE, we came to a conclusion that 0.6 was simply not enough to stop scammers. The new vendor bond requirement is currently 1.5 BTC. It should still be a no-brainer for any serious operation, and will give buyers more security. As before, the bond is fully returned if a vendor decides to close his/her account."
Out of curiosity, I looked into when it was initially raised to 0.6 BTC... on March 9th 2014, when BTC was $633. So it was roughly $380 at that point. This new bond would be roughly $440.
Discuss.
- (Note to LE: not affiliated with Agora, just a random subreddit mod, kthxbye.)
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