Silk Road forums

Discussion => Philosophy, Economics and Justice => Topic started by: adamiz on July 11, 2013, 01:46 pm

Title: Noobish question about prices
Post by: adamiz on July 11, 2013, 01:46 pm
I was wondering how is the pricing system works?

Do the prices change by the system automatically when bitcoin rate changes or every vendor has to do this by himself?

Thanks in advance

Adamiz
Title: Re: Noobish question about prices
Post by: mcguire39 on July 11, 2013, 02:28 pm
I believe the vendors can now pin their price to any of something like 34 different currencies. So for example if you list it at USD$300 or EUR$250, it will automatically calculate the equivalent amount of BTC based on SR's current BTC valuation.