Silk Road forums
Discussion => Newbie discussion => Topic started by: anomnomnom on March 27, 2013, 11:41 pm
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Hello, I apologize in advance if this is a stupid question as I am new to this, but let's say I am interested in purchasing an item that is 5 BTC. Does this price change day by day on SR as the value of BTCs fluctuates?
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I have read that yes, the price is set in USD and then it's shown in BTC according to the current exchange.
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Yes it does change.
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Ah, I see, so is it advisable to add a cushion to the amount of BTC you are purchasing to avoid being short?
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The BTC price will adjust as the rate fluctuates but the actual USD price you are paying isn't going to change unless the vendor changes it.
Account>Settings>Display prices in dollars
Much easier.
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Thanks! :)
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Yh they're pegged but always get 5-10% more btc than I need in case of fluctuations.