Silk Road forums

Discussion => Newbie discussion => Topic started by: CannaKingUK on March 06, 2013, 12:59 pm

Title: Silk Road Sellers Account - Question about the bond
Post by: CannaKingUK on March 06, 2013, 12:59 pm
Hi everyone,

Probably not posting this in the correct place but as a new member I'm limited as to where I can post.

I realise the $500 bond is refundable once the seller has received so many transactions, been a member for a so many months, and has done I think over $1500 worth of sales. My question is this... the bond currently costs ฿11.71. Lets say for example I reached the desired levels in 1 year. By that point, for example, a coin is worth $500. Will I receive just 1BTC back or my original stake of 11.71BTC?

Many thanks for any replies I receive.

Ja bless

CKUK
Title: Re: Silk Road Sellers Account - Question about the bond
Post by: CannaKingUK on March 06, 2013, 01:17 pm
8 Reads and no replies yet. Im starting to think this is a tricky question!
Title: Re: Silk Road Sellers Account - Question about the bond
Post by: barney010278 on March 06, 2013, 01:20 pm
Good question... to work as a bond it would have to fluctuate
otherwise it could theoretically turn into a $5 bond so what would be the point
Title: Re: Silk Road Sellers Account - Question about the bond
Post by: CannaKingUK on March 06, 2013, 01:23 pm
Good question... to work as a bond it would have to fluctuate
otherwise it could theoretically turn into a $5 bond so what would be the point

Ah right, I think I get it. So conversely, if the price dropped to $1 a coin, the bond I'd receive back would be 500btc once I'd done everything expected of me?