Silk Road forums
Discussion => Security => Topic started by: killerbees on November 14, 2012, 10:43 pm
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Is BTC possibly headed up now that SR is back up and running? Or no difference? I'm wondering if I should hang on to my BTC or make my next purchase.
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If anyone knew, they'd be rich. Sorry to be a dick, but nobody knows.
In my personal opinion, not at all. SR is a small part of bitcoin.
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SR is not THAT influential over bitcoin.
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SR is not THAT influential over bitcoin.
I've heard estimates putting SR stuff 20-30% of the total BTC market, no idea how true that is though.
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I'd recommend putting only what you need to make your purchase plus some excess to cover changes into Silk Road. Spend all that you have when it gets to the Road. The fluctuation at the moment is rather stable but, that can change overnight. You could have $500 in there tonight when you go to bed and wake up the next morning with $300. Spend it when it arrives at the Road.