Silk Road forums

Discussion => Newbie discussion => Topic started by: marthamoo321 on February 16, 2013, 10:27 am

Title: Exchange rate GBP to Bitcoin
Post by: marthamoo321 on February 16, 2013, 10:27 am
8 weeks ago 1 Bitcoin was £8.75. Now it's £17.58. Vendor prices haven't adjusted. Does anyone know why Bitcoins have become so expensive? :(
Title: Re: Exchange rate GBP to Bitcoin
Post by: ribald on February 16, 2013, 12:01 pm
Who really knows? Lots of factors. Maybe more people know about silk road and want to buy bitcoins so they can use them here. Perhaps others are buying bitcoins as a speculative investment. Whatever the reason (s), bitcoin is proving to be a highly volatile currency, which makes buying and selling in btc a bit tricky.

Title: Re: Exchange rate GBP to Bitcoin
Post by: LoveHQ on February 16, 2013, 12:23 pm
if more people know about coins their get intrested in, big propaganda big events big investing big prices

more factories, shops in online sections get use of it, they also start to use coins online poker portals cause its more securer and more securer than to trade money on real banks...

greets
Title: Re: Exchange rate GBP to Bitcoin
Post by: marthamoo321 on February 17, 2013, 08:57 pm
Thanks everyone you for your replies. Much appreciated