Silk Road forums

Discussion => Silk Road discussion => Topic started by: bcldg on May 05, 2013, 02:55 am

Title: Question...PLEASE HELP!
Post by: bcldg on May 05, 2013, 02:55 am
Hey guys..

I am in the process of transferring some money to my SR account to make a purchase...I have my account set to show all prices and my account balance, etc in USD instead of BTC...now, I just transferred the coins I already had, and im waiting on the confirmation for some coins i've transferred to a few other wallets before sending them here.

The USD value SR is showing is about $80 off of its true value...is this some sort of temporary error or something? I have the correct amount of BTC that I sent here, but the USD value is waaaaaay off. Will this effect me from making my purchase since SR is giving me a much smaller value than what they are actually worth?
Title: Re: Question...PLEASE HELP!
Post by: Libertas on May 05, 2013, 03:42 am
Quote from: bcldg on May 05, 2013, 02:55 am
Hey guys..

I am in the process of transferring some money to my SR account to make a purchase...I have my account set to show all prices and my account balance, etc in USD instead of BTC...now, I just transferred the coins I already had, and im waiting on the confirmation for some coins i've transferred to a few other wallets before sending them here.

The USD value SR is showing is about $80 off of its true value...is this some sort of temporary error or something? I have the correct amount of BTC that I sent here, but the USD value is waaaaaay off. Will this effect me from making my purchase since SR is giving me a much smaller value than what they are actually worth?


Hi bcldg,

Silk Road uses a rolling Mt.Gox Weighted Average price - updated frequently - to determine the value of Bitcoin used here. The SR price is currently accurate; however, you can use the following method to determine when the best time to place an order would be to get the most for your money:

http://dkn255hz262ypmii.onion/index.php?topic=138695.msg939652#msg939652

Libertas
Title: Re: Question...PLEASE HELP!
Post by: Jack N Hoff on May 05, 2013, 03:52 am
SR uses the MtGox 24 weighted average.
Title: Re: Question...PLEASE HELP!
Post by: bcldg on May 05, 2013, 03:59 am
ahhhh dammit lol. I've been sitting here for like three hours waiting for all my transfers to come in, just to find out I don't have enough lol. Thanks for the help guys, I know this question has been asked before, but I always have problems searching here...it constantly tells me my last search was 0 seconds ago

Thanks again guys! Especially for that link, very helpful!
Title: Re: Question...PLEASE HELP!
Post by: Libertas on May 05, 2013, 04:07 am
Quote from: bcldg on May 05, 2013, 03:59 am
ahhhh dammit lol. I've been sitting here for like three hours waiting for all my transfers to come in, just to find out I don't have enough lol. Thanks for the help guys, I know this question has been asked before, but I always have problems searching here...it constantly tells me my last search was 0 seconds ago

Thanks again guys! Especially for that link, very helpful!

You're very welcome. :)

The reason for the 'your last search was 0 seconds ago' message popping up is because of the way Tor works; the forum sees us all as using the same I.P. address, so that will pop up from time to time. If you try a few times it'll usually go through.

Libertas