Silk Road forums
Discussion => Silk Road discussion => Topic started by: vicur on July 12, 2012, 01:08 pm
-
Hi everybody, I just wonder if the vendors are going to update their actual prices as it appears to me that although the buying price of 1 Bitcoin has gone up considerably the prices on offer seem to stand still. In my opinion that situation requires a small adjustment, don't you think?
-
the prices are updated automatically by SR, we just set the price in USD not BTC and they adjust appropriately.
-
That doesn't mean a vendor might not pay attention for a week or more about btc current value. If it goes up 40 cents that could change things up pretty much.
-
most vendors have their listings hedged. So if the price of bitcoin goes up or down during the time the order was in escrow, they get paid the cash amount of the order instead of the amount of bitcoins used to purchase.
-
We have the option to peg our prices to the dollar, and most vendors use this option, I listed some grinders at 1 bitcoin for the 420 sale and they are now 0.75 bitcoins :)
-
So its possible some vendors have not pegged BTC to dollar?
I have seen one vendor with price per gram of bud at over £15!
Does not come with free blow job.
::)
-
So its possible some vendors have not pegged BTC to dollar?
I have seen one vendor with price per gram of bud at over £15!
Does not come with free blow job.
::)
DAM IT... I was looking for the free blow job
-
This one is free:
http://i45.tinypic.com/35kog7s.jpg