Silk Road forums

Discussion => Silk Road discussion => Topic started by: homersimpson on June 29, 2012, 09:13 pm

Title: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: homersimpson on June 29, 2012, 09:13 pm
Not quick enough. AT ALLLLLLLLL
Title: Re: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: deadfuture on June 29, 2012, 09:24 pm
I don't think it is the vendors that need to adjust anything but SR itself is slow to adjust to the weighted BTC value.  I for one can be patient and I enjoy logging in and having my currency set to USD and seeing it's $5 higher every day.
Title: Re: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: sangaba on June 29, 2012, 09:31 pm
As a vendor I'm not even paying attention to that, actually.. I have everything set in USD and simply trust the system for going along with any kind of BTC fluctuations. Don't most vendors do this? Would be an enormous waste of time if you had to keep an eye on the BTC values along with the 100 other things you've got to do as a vendor, if you asked me. So maybe it's just SR being slow indeed. Sorry lol..
Title: Re: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: homersimpson on June 29, 2012, 09:46 pm
I never knew it was SR's function itself, sorry about that then :P. Guess I'm just a bit annoyed as I've cut myself short a tab of acid since this morning by a few stupid coins
Title: Re: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: deadfuture on June 29, 2012, 09:54 pm
Yeah it stinks being short.  How did you end up a few coins short though?  Most of the time I overcalculate just for this case and even if I undercalculated I would only be 1 BTC short max.

If you want you can take a chance you may be able to wait it out and see BTC to keep rising until you can purchase.  Not sure where the drop off point will be when 1 BTC starts to go back down to ~4 USD is, but it may keep climbing for a little while.
Title: Re: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: sangaba on June 30, 2012, 05:53 pm
We will hit $10 long before $4 again my friend.
How can you tell?
Title: Re: Vendors don't adjust their sale prices to rising BTC rates :@
Post by: deadfuture on July 01, 2012, 03:08 am
We will hit $10 long before $4 again my friend.
How can you tell?
Lol, the market is predicting that it will but it doesn't mean it will happen.  If it reaches around 8 I'll prolly clall it a day and cash in.  But it may well in fact go to 10 you never know...

PK.. how you doing BTW.  You always treated me well. We on cool grounds?