Silk Road forums
Support => Feature requests => Topic started by: fivestargirl on June 24, 2013, 12:58 am
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I believe MTGOX uses a 24-hr weighted average for BTC payouts for vendors who hedge their accounts. MTGOX is increasingly difficult to deal with and USD withdrawals are suspended for 2 weeks.
I would like to suggest taking 2 exchanges and using the average price. For example campbx.com and mtgox.com. That way its fair.
Right now the difference is 8-10% between mtgox and most of the other exchanges, which means we are losing money as vendors. I understand that SR is in this to make money but this suggestion is entirely fair and still enables them to profit if buying from one of the cheaper exchanges.
We are already paying fees for our items. We shouldn't have to take another 8-10% loss because we don't use mtgox. An average between 2 exchanges would be fair and semi-easy to implement.
Thoughts??