Silk Road forums
Discussion => Silk Road discussion => Topic started by: wrestler04 on February 14, 2012, 07:49 pm
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I was wondering if the prices on SR change depending on the price of the bitcoin? Like if 1 bitcoin is worth 4.2 today then will ones listing for $20 still be $20 when the price of 1 bitcoin is 7?
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I was wondering if the prices on SR change depending on the price of the bitcoin? Like if 1 bitcoin is worth 4.2 today then will ones listing for $20 still be $20 when the price of 1 bitcoin is 7?
It seems like the vendors have the choice of pegging their price to BTC or dollar. If they peg it to BTC, then the price displayed in dollars will fluctuate. If they peg it to dollar, then the price displayed in BTC will fluctuate.
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What wxevkexi said, since the value of the Bitcoin has dropped about $0.50 USD over the past couple days, if you have your account set to display prices in Bitcoins you'll see that the prices on things you've been watching have likely gone up.
If you set it to display in USD or some other currency it'll likely have stayed the same unless the vendor has manually changed their price.
Edit: Oh nevermind, it's actually dropped like $1.50 USD over the past couple days. Yikes. Time to go calculate whether or not I should keep mining for mine lol...