Silk Road forums
Discussion => Newbie discussion => Topic started by: Charactarantula on June 24, 2013, 12:45 am
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So, after looking into the 'beccome a seller' link. It requires a fee of 4.65 bitcoins, which at the current rate of btc makes that roughly 500.00 dollars. Basically I want to know does the BTC amount stay at 4.65 with fluctuation of coins? Should I wait until the btc prices drop? Or will the bitcoin amount go up when the dollar amount goes down?
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I believe it's fixed at $500, and the btc amount will fluctuate with the exchange price.
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Does that mean when you get the coins back you get 4.65 or do you get the equivalent in $ when they get released?
Ie 4.65 = $500 now
2months 4.65 = $1000
do you only get back 2.325?
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Good question.. I have no idea, sorry! Maybe when we get out of newbie jail we can find out the answer.
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Looks like you just made it out of jail congrats man :)