Silk Road forums

Discussion => Newbie discussion => Topic started by: neveraworry85 on April 11, 2013, 04:12 am

Title: Bitcoin price fluctiation question
Post by: neveraworry85 on April 11, 2013, 04:12 am
Okay, I'm slowly figuring all this out and I have a new question, It seems like bitcoin prices are swinging all over the place and I'm wondering if the bitcoin price on an auction moves or is it static?

According to MT they are 175? now, I think yesterday they were 215-ish when I checked.

So obviously that could swing the price of certain things from attractive to not so attractive.

Hate sounding dumb- 8)

NAW
Title: Re: Bitcoin price fluctiation question
Post by: dothedamnthing on April 11, 2013, 04:16 am
The vast majority of vendors have their prices pegged to the USD, so you will still be paying the same actual dollar amount unless they change it themselves. So your $100 order is still $100 regardless of whether that is equal to .5 BTC, 2 BTC, 10 BTC, etc.
Title: Re: Bitcoin price fluctiation question
Post by: neveraworry85 on April 11, 2013, 04:23 am
exactly what I needed to know, thank you