Silk Road forums
Discussion => Newbie discussion => Topic started by: incognito22 on January 28, 2013, 02:29 pm
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Does it really mean anything that it constantly changes? Because the product changes in price as the exchange rate changes. Means nothing right?
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Bringing back an ancient thread ;)
Fucking dumb ass. price goes up when demand is high. Price goes down when demand is low. Didnt you ever take economics!?
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You'll quickly learn what it means to you.
Lets say you want to buy $90 bag of dope and you see that the exchange rate is currently at $100/btc... so you figure you'll exchange $100 for a btc and that should cover your buy.
So you buy your btc at $100/btc... but in the time it takes from you to transfer your btc to SR and make a buy, the exchange rate dropped to $50/btc. Obviously $50 worth of btc now doesn't cover the $90 dope bag price. Obviously the vendor tied his prices to the $ so the $ amount stayed the same.