Silk Road forums
Discussion => Silk Road discussion => Topic started by: acid999 on September 17, 2012, 11:35 pm
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Im curios to know, when vendors put up a listing on SR, do they select the price in $$ or btc? And how often does that price sync with the value of btc atm? I realized that even though the value of btc is rising or falling, the silk road prices stay static until a drastic change happens. Can someone please explain?
Thanks :) acid999
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There is an option to link the price to the USD so when you list it you put in the bitcoin amount and SR adjusts it to maintain the same USD amount. You dont have to list them that way but it makes it easier and most vendors do. Some will put in a BTC amount and adjust it by hand.
As to how often it adjusts, I dont know but it seems to be relatively up to date all the times I have checked.
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Thanks for the reply jameslink2, do you know what site it syncs with? like mt.gox or another trading site?
Thanks- acid999
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Dont know, some one said it was not taking an average from multiple sites due to an issue with one of them.
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Thanks for the reply jameslink2, do you know what site it syncs with? like mt.gox or another trading site?
Thanks- acid999
says somewhere on the website Bitcoin prices are linked to Mt Gox prices (I think when you're on the shopping cart page about to order)