Silk Road forums
Discussion => Newbie discussion => Topic started by: Wordpass on May 05, 2013, 10:16 am
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hi, yeah, anybody knows the intervals?
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Silroad uses the 24hour weighed average of MtGox. It doesn't mean it updates every 24h though, it updates constantly, it just doesn't fluctuate as much.
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Thanks, I wondered how that worked. Do the vendors get paid the weighted avg or do they just cash out at whatever the BTC price is?
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Well vendors get paid in BTC, if the order is hedged, it's according to the SR price..
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i usaully pick one item listing that i know the Vendor has listed the real dollar price, and just divide to find the current BTC trading price on SR. that way i dont have to troll mt.gox