Silk Road forums

Discussion => Silk Road discussion => Topic started by: mmmmonkey on January 22, 2013, 03:06 am

Title: Bitcoin $ Up - Product Price Goes Down?
Post by: mmmmonkey on January 22, 2013, 03:06 am
Will vendors adjust the prices of their product due to the high inflation of BTC? Kinda sucks how everything seems so expensive. I want to make another order soon, but not if the vendor prices stay the same and I'm paying 3$ more than the last time I bought BTC :\
Title: Re: Bitcoin $ Up - Product Price Goes Down?
Post by: CrazyBart on January 22, 2013, 03:10 am
Back to the newbie section!

Most vendors have there products price pegged to the US dollar. It doesnt matter how much coins are. That 150 dollar item is still 150 dollars.
Title: Re: Bitcoin $ Up - Product Price Goes Down?
Post by: Christy Nugs on January 22, 2013, 05:11 am
correct - the price of my product in bitcoins has been going down for days as the cost of bitcoins has been going up.

bart is correct and wins the gold star - almost all vendors tie to dollars :P
Title: Re: Bitcoin $ Up - Product Price Goes Down?
Post by: mmmmonkey on January 22, 2013, 05:41 am
OH. I had no idea. Sorry about that.. That's good to know though, thank god
Title: Re: Bitcoin $ Up - Product Price Goes Down?
Post by: livestr0ng on January 22, 2013, 06:00 am
thanks for this thread. Thats how I always assumed it was but now its confirmed.
Title: Re: Bitcoin $ Up - Product Price Goes Down?
Post by: isthereanyneed on January 22, 2013, 11:31 am
Glad I saw this as I was a little pissed because I bought 2 ounces of weed then the vedor reduced the price and Im like wtf I could have saved $100 but now it all makes sense I thought this would of been the case.
Title: Re: Bitcoin $ Up - Product Price Goes Down?
Post by: grahamgreene on January 22, 2013, 11:00 pm
Back to the newbie section!

This!