Silk Road forums
Discussion => Off topic => Topic started by: Nyah on July 30, 2012, 02:43 pm
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As most of you probably know, The prices of certain drugs don't typically fluctuate all that much. Supply & demand stays constant. However, Bitcoins frequently fluctuate. This is a problem, As majority of Sellers don't adjust the price of their products, In conjunction with the static changes Bitcoins frequently undertake. Un-modified prices means the buyers are paying more than they should be for the exact same product.
It seems to me that multiple sellers 'Exploit' this opportunity, Simply because they can. Try to understand it was the same abuse of control that deemed drugs illegal in the first place. I consider this site to be a revolution in moving towards the new world order, Don't succumb to this corruption, Or you'll ruin this market along with it.
This could be resolved via dynamic prices, Updating by the minute based on the market values. This is how it works.
Let's say someone is selling 7g of Marijuana for a price of 10 Bitcoins, Bitcoins valued at $8 dollars a piece (All up that's $80). Then overnight, The market drastically changes rendering Bitcoins $10 a piece.
The sellers price remains at 10 bitcoins, When infact the price of their product did not have any logical basis for becoming more expensive. (Based on the change, You're now paying $100 for the same product)
Yet if the pricing were to be Dyamic, The sellers price would be brought down to 8 Bitcoins for 7g of Marijuana. Bringing the price back down to $80.
What some people probably won't get, Is that even though the seller made less Bitcoins, The value of those Bitcoins equals the same amount of cash return. Nobody would be ripped of using this method.
I know i don't have a high post count, I don't typically visit the forums, But i buy product regularly and have been here for quite some time.
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Most vendors tie their prices to the dollar...