Silk Road forums

Discussion => Newbie discussion => Topic started by: phoniks on August 28, 2013, 04:04 am

Title: Have BC prices on SR been coming down to match the rate that BC goes up?
Post by: phoniks on August 28, 2013, 04:04 am
I have only been around here a short while but i have seen the cost of BC's go up quite significantly in that time. Does this mean products on SR are also getting significantly more expensive or is that inflation accounted for by vendors?

Also, has this been the way for BC's for a while or do they fluctuate this much both up and down in value regularly?

Title: Re: Have BC prices on SR been coming down to match the rate that BC goes up?
Post by: dystopia on August 28, 2013, 04:11 am
The price is typically pegged in dollars and therefore the bitcoin price will vary.

The bitcoin price has fluctuated hugely both up and down
Title: Re: Have BC prices on SR been coming down to match the rate that BC goes up?
Post by: riggidy_rizoad on August 28, 2013, 04:15 am
I've seen bitcoin prices drop from vendors I follow
Title: Re: Have BC prices on SR been coming down to match the rate that BC goes up?
Post by: pinto43 on August 28, 2013, 04:24 am
i remember when it was $18 for a btc. and i havnt even been here that long. havnt seen it under 100 in a long while
Title: Re: Have BC prices on SR been coming down to match the rate that BC goes up?
Post by: cryngie on August 28, 2013, 04:28 am
It depends what currency the vendors peggs their items against, how bad was march $200+ for 1BTC then crash