Quote from: maybejustonce on January 29, 2013, 11:05 pmQuote from: SelfSovereignty on January 29, 2013, 07:13 pmYour information is outdated. They're at $19.50 USD.If it's a hedged listing, then the price is in USD and Silk Road adjusts the bitcoin cost as the average price rises or falls. If the listing isn't hedged (vendor can choose which he wants), the price is in bitcoins and it doesn't change just because they cost more or less in dollars. That's the basic idea, anyway.So theoretically, hedged listings are good for refunds and unhedged for purchasing.Er, I think you may be taking my statement as more accurate than I intended it to sound: I don't know the details, I was just trying to give you a sense of the basic concept. That said, I believe that when it comes to refunds and canceled orders, there's an extra snag: SR keeps a specific percentage of their fee from hedged listings whether it's canceled before processed or not. So it can look to the guy who had his order canceled as though the vendor "stole" some of his coins, because he doesn't get them all back.But really the vendor has no control over it, and SR has to do it or people could collaborate and use the hedged listings to bilk SR for a bunch of coins -- place the order, if bitcoins go up, cancel and get more back. Etc. Something like that (again, look at the basic idea, not my specific details).