Silk Road forums

Discussion => Newbie discussion => Topic started by: noirbert on May 07, 2013, 07:05 pm

Title: Caneceling order
Post by: noirbert on May 07, 2013, 07:05 pm

I have a order that is still processing- the Cancel option just came up and I am thinking I would like to abort this order. I had messaged the vendor last night but have yet to hear from him. The vendor is a good vendor I guess by review alone at least, but still this isn't cool especially with the decline of bitcoin.


The order is in a hedge fund though, will I get all of the money I put into the order when I cancel it, or will I be effected by the decline?

If someone could quickly let me know I would really appreciate it.  This has been preventing me from making another order for sometime now.

Thanks

Title: Re: Caneceling order
Post by: NoAddedSugar on May 07, 2013, 07:15 pm

I'm in the same boat. Is it TopNotch? If it's hedged then you'll get the same amount in dollars back. It could be more or less BTC than from when you bought them, but it will amount to what you paid for them

Title: Re: Caneceling order
Post by: vanguard54 on May 07, 2013, 07:22 pm

its hedged

Title: Re: Caneceling order
Post by: noirbert on May 07, 2013, 07:26 pm

Thanks.

Yeah I am pretty sure its hedge, so I should get the usd amount back I take it, that would be put me at in a bit of relief.


 The vendor isn't Topnotch, though it is a well reputed cannabis vendor that  I wanted to try out but. At least he didn't put the order through right away so I couldn't cancel it, I hope to hear from him soon. 

Thanks for the quick reply - Hope all goes well with your order's and time here on the road.

Cheeers everyone

Title: Re: Caneceling order
Post by: NoAddedSugar on May 07, 2013, 07:31 pm

Thank you Noirbert. The same to you

Title: Re: Caneceling order
Post by: Libertas on May 07, 2013, 07:35 pm

Quote from: noirbert on May 07, 2013, 07:26 pm

Thanks.

Yeah I am pretty sure its hedge, so I should get the usd amount back I take it, that would be put me at in a bit of relief.


 The vendor isn't Topnotch, though it is a well reputed cannabis vendor that  I wanted to try out but. At least he didn't put the order through right away so I couldn't cancel it, I hope to hear from him soon. 

Thanks for the quick reply - Hope all goes well with your order's and time here on the road.

Cheeers everyone

Hi noirbert,

If the item is hedged and you cancel it then you will receive the USD amount back, in Bitcoin, less the 4% hedging fee that is automatically charged on all hedged transactions.

Libertas

Title: Re: Caneceling order
Post by: NoAddedSugar on May 07, 2013, 07:40 pm

I must have missed the 4% fee. I haven't read that before