Silk Road forums

Discussion => Security => Topic started by: AverageDude84 on May 12, 2013, 06:53 pm

Title: How does a fluctuation of the value of BTC affect the coins in an SR account?
Post by: AverageDude84 on May 12, 2013, 06:53 pm
I was thinking of purchasing a few coins and keeping them in my SR account (as a buyer), I was wondering how the fluctuation of the value may affect said coins? Say if I purchased today and came back in a couple of months, I'm a little confused about hedging / whether my coins are hedged and whatnot?

Any information would be appreciated thank you.
Title: Re: How does a fluctuation of the value of BTC affect the coins in an SR account?
Post by: z3n on May 12, 2013, 08:15 pm
Your amount of coins would stay the same, but their respective value in USD would be lower or higher, depending on what will the exchange rate be by then... so cost on SR would be (expressed in USD) more expensive, or cheaper...
Title: Re: How does a fluctuation of the value of BTC affect the coins in an SR account?
Post by: AverageDude84 on May 12, 2013, 08:35 pm
Just as I thought, thank you very much for replying.