Silk Road forums
Discussion => Newbie discussion => Topic started by: gh0stwrit3r on April 11, 2013, 10:14 pm
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If BC value is half it was when I purchased, and the item is still in processing, will the seller still honor the purchase? Or do they adjust the amount of BC owed? If that's the case.. I assume I can just cancel the order?
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Sorry looks like someone else posted the same question as I was typing this.
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It depends on the seller. Many sellers will cancel sales that have not been shipped as they could stand to lose a fair amount. I personally am a small time seller, and have shipped all orders that came if before/during/after the crash. In fact i have to orders on me now that i will be shipping this morning in the expectation that they reach the buyer by Monday.
I do however have several thousand dollars of coins that are either in ESCROW or on orders that have not been shipped. I am not confident that they will be shipped. I know one seller was offering preorders on Liquid Acid early in the week, he specifically stated that he would ship and you would be protected if the price crashed. It will be interesting to hear from anyone who bought from him on whether the acid was ever shipped.
Not sure i answered your question, but there it is.
I am more interested in whether people will continue selling on SR whilst MT Gox is in a trading halt. Gonna be an interesting few weeks me thinks.
Dimitry from Straya
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Getting to 50 posts so the regular boards can avoid spam! ;)
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I'm adding helpful and revelant information to this thread!
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There is a good possibility you will get screwed. The protection for buyers on the road really isn't that great.
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If you have 50 posts you must have added some value to community
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Spamma jamma
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this may or may not be spam
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I want chicken, I want liver, meow mix meow please......
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Your order could probably be cancelled :(
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I've been selling and dispatching product and taking the kit in terms of bitcoin price fluctuations.
Some sellers are, but many aren't.
Spam to 50.
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If BC value is half it was when I purchased, and the item is still in processing, will the seller still honor the purchase? Or do they adjust the amount of BC owed? If that's the case.. I assume I can just cancel the order?
Was it hedged?