Silk Road forums

Discussion => Newbie discussion => Topic started by: seeker57 on April 13, 2013, 03:44 am

Title: Can anyone answer this?
Post by: seeker57 on April 13, 2013, 03:44 am
Hello everyone,

Tonight I made a Bitinstant purchase to sr bitcoin address

The amount i payed in cash was $343.95  when it finally
showed up in my sr account in  the amount 2.66406386 bc
or $232.26

I am missing over $100 from the transfer. Bitinstant had the
trasfer listed to my address as 343.95. Anyone have a  similar
problem?

Thanks
Title: Re: Can anyone answer this?
Post by: scout on April 13, 2013, 04:31 am
A few other users have reported having this same issue.  I wonder - are you receiving the correct amount of btc but it's just displaying the USD equivalent incorrectly, or are there actual btc missing?
Title: Re: Can anyone answer this?
Post by: seeker57 on April 13, 2013, 04:41 am
Hey Scout ..Thanks for the reply. I am missing the same in BC as cash
seems like close to $100. What can be done about this?
Title: Re: Can anyone answer this?
Post by: Alkemist869 on April 13, 2013, 04:49 am
Me too. I paid $163 and the coins I got had a value of $143, i assumed it was the market flux. but now that you mention it my coins should have been less than expected not the dollar amount. I was suppose to get 0.9btc but only got 0.64 worth $143 it said. Did they short change us? it was my first time buying btc so....
Title: Re: Can anyone answer this?
Post by: royalblue on April 13, 2013, 04:53 am
BTC was going for around 125 earlier so 2.66 x 125 = $332.5
The current Silk Road value (the MtGox Weighted Avg) is 87.71 so 2.66 x 87.71 = $233.30
There's the difference.

You should wait for the Weighted Average to update. BTC has been steady about 110 so the SR average will jump up to around that in 12 hours and you'll have closer to $293

Title: Re: Can anyone answer this?
Post by: seeker57 on April 13, 2013, 05:09 am
Hey royalblue ..thanks for that explanation. Never had these problem before.
I'll keep watch to see if there is a change. thanks again.
Title: Re: Can anyone answer this?
Post by: scout on April 13, 2013, 05:14 am
BTC was going for around 125 earlier so 2.66 x 125 = $332.5
The current Silk Road value (the MtGox Weighted Avg) is 87.71 so 2.66 x 87.71 = $233.30
There's the difference.

You should wait for the Weighted Average to update. BTC has been steady about 110 so the SR average will jump up to around that in 12 hours and you'll have closer to $293



^ exactly.  +1