Silk Road forums

Discussion => Newbie discussion => Topic started by: echojinks on May 08, 2013, 01:33 am

Title: I dislike the fluctuation + slow bitcoin adding.
Post by: echojinks on May 08, 2013, 01:33 am
I had enough for my purchase while it was still being confirmed but as soon as they get to my account the price goes up another .03 so I sent .04 but it is taking so fn long and hopefully the price doesn't go up again in the next few hours/minutes/seconds.
Title: Re: I dislike the fluctuation + slow bitcoin adding.
Post by: cultmadeline on May 08, 2013, 01:35 am
Someone should open up a physical location to act as an ATM.

How legal is that?

CM
Title: Re: I dislike the fluctuation + slow bitcoin adding.
Post by: Astrona on May 08, 2013, 02:44 am
In the same boat here man, it's just one of those things you've got to deal with.
What with the volatility of the bitcoin markets and the time it takes to load the blockchain and enter the the SR tumbler system for anonymity, it happens.
Look at it this way,  although it's annoying, and I have to go out of my way and actually buy 0.06 btc, it's a small price to pay for what bitcoin and SR offers.
Two things I don't think will change is the way the markets are and the time it takes to load the blockchain, which is ever-expanding.

And a physical ATM is definitely not a viable option in my opinion. It would still take the same time to load the blockchain as there will be no changes to the network even if there is one. Plus, I wouldn't like the idea of sending money to a SR wallet through a machine that would almost definitely be monitoring for bitcoins entering the tumbler.

Peace
Astrona