Silk Road forums
Discussion => Silk Road discussion => Topic started by: flangepot on June 15, 2012, 04:46 pm
-
i notice the BTC exchnage is going up. Can someone confirm that the prices on SR are re-adjust downwards accordingly? i.e 1 BTC used to be £3 say, now its at £4, do the prices on SR go down. For instance if a product was 10 BTC (=£30), is it now 7.5 BTC (=£30 @ 1btc: £4). do they get adjusted accordingly or is it up tot he vendors to lower price?
-
most, if not all, of the listings are pegged to an amount in USD, so yeah, the BTC price on silk road goes down accordingly.
i'm wondering if this whole mtgox verification thing is whats driving up the price.
i was planning to buy a bunch of coin today, but now i don't know. if the price drops back down to $5/coin i will be super pissed....but if it jumps up to $7 a coin i will be super pissed too. god damn economies...
can't wait for the day i can just order this shit on amazon
-
In the same boat spacewasp :-\
I actually had a BitInstant receipt printed out and ready to take up to Walmart to buy some BTC's but then I had the great premonition that it was just going to dip down in price right after I committed the skrilla so I trashed the receipt... This was when MtGox had it @ ~5.25 USD per BTC
-
i think its gonna be best to wait until the price stabilizes a bit before committing any serious cash to BTC. just bought 80 bucks worth to get me through the week.....was planning on dropping $600, but fuck that. yeah, i could make some money if it keeps going up buutttt......i'm just not a gambling man.
looks like i'll be sticking with my old policy of only buying coins when i'm planning on spending them immediately
-
::) I'm winning super hard on these value increases right meow. I'm so tempted to just hang on to my coin for another week or so lol making loot without doing anything illegal woop woop