Silk Road forums

Discussion => Silk Road discussion => Topic started by: smeghead on December 23, 2012, 08:39 am

Title: Anyone else losing money ?
Post by: smeghead on December 23, 2012, 08:39 am
Over the last three days I've noticed my account balance get lower and lower by only a few cent a time.

So far I'm missing a total of $1

Anyone else experiencing similar ?

 ???
Title: Re: Anyone else losing money ?
Post by: CrazyBart on December 23, 2012, 08:40 am
Ya the price of bitcoins fluctuate

Check mtgoxlive.com for the current price of a btc and check out the chart that graphs the ups and downs of the bitcoin.
Title: Re: Anyone else losing money ?
Post by: smeghead on December 23, 2012, 09:00 am
I view my balance in $$ though, not Btc.

$$ shouldn't fluctuate surely ?

Title: Re: Anyone else losing money ?
Post by: PlutoPete on December 23, 2012, 09:03 am
I view my balance in $$ though, not Btc.

$$ shouldn't fluctuate surely ?
You view them in $$$ but your account contains Bitcoins, you are seeing their value change.
Title: Re: Anyone else losing money ?
Post by: JakkTheKipper on December 23, 2012, 09:08 am
I view my balance in $$ though, not Btc.

$$ shouldn't fluctuate surely ?

I could be wrong but I think the account total is based on bitcoin anyway but converts and displays in dollars if you choose that option but the total amount is still based on the price of bitcoins so while it looks like your dollar value is fluctuating it is actually caused by the change in bitcoin prices which is then converted into dollars and displayed.

Title: Re: Anyone else losing money ?
Post by: CrazyBart on December 23, 2012, 09:11 am
I view my balance in $$ though, not Btc.

$$ shouldn't fluctuate surely ?

Ya it shows how much the bitcoins in your account are currently worth. That feature does not actually convert your bitcoins to US dollars. You have no currency other than bitcoins in your account
Title: Re: Anyone else losing money ?
Post by: smeghead on December 23, 2012, 09:19 am
That makes sense.

Thanks for clearing that up.

 8)