Silk Road forums
Support => Feature requests => Topic started by: avast on February 24, 2013, 08:34 am
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According to the law of supply and demand, with the supply of Bitcoin slowly decreasing while the demand remains steady, the value of the Bitcoin will eventually increase so much that the Silk Road will require the prices and wallet amounts to become more precise. Previously the value of 0.01 btc really was of no significance, however now (and increasingly in the near future) that 0.01 btc actually contains some value it only seems logical to make the totals more precise.
I simply propose that the Bitcoin precision is increased a couple more decimal points. X.XXXX versus the X.XX values that the site currently uses.
Any thoughts or comments?
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Bumping for comments.
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So, it doesn't actually use that value, amusingly enough. It likely uses the real value. It's only what it shows you. Ever try to withdraw *exactly* how much BTC it says you have? Won't let you -- says you don't have that much, because in reality, you don't. You're trying to withdraw 3 Satoshi (the lowest possible division of a bitcoin) more than you really have or something.
It's only what displays that's inaccurate. I agree though, more precision wouldn't hurt or anything.
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When the deflationary spiral occurs this will no doubt be a feature, until then lets not worry about it, chances are your amount will fluctuate by a few btc in the few minutes it takes to confirm a purchase.