Silk Road forums

Discussion => Newbie discussion => Topic started by: birdie on April 12, 2013, 09:32 pm

Title: Drug prices adapting?
Post by: birdie on April 12, 2013, 09:32 pm
Hi!
Are the sellers adapting their prices according to Bitcoin fluctuations or what? I only read about people getting scammed with exchange rates, but is it that difficult for a seller to adapt his or her prices?!...
Title: Re: Drug prices adapting?
Post by: chem on April 12, 2013, 09:34 pm
you would think they would have to, somehow.
Title: Re: Drug prices adapting?
Post by: hojasanta on April 12, 2013, 09:37 pm
Prices are bound to the dollar so they automatically adapt as the price of bitcoin changes.
Title: Re: Drug prices adapting?
Post by: chem on April 12, 2013, 09:41 pm
which exchange rate would they use?  different exchanges quote different prices
Title: Re: Drug prices adapting?
Post by: jackherer1975 on April 12, 2013, 09:46 pm
i think i read somewhere its linked to MtGox and updates every 10 minutes, you can watch the prices of things change on SR over the course of a few hours,
Title: Re: Drug prices adapting?
Post by: hojasanta on April 12, 2013, 09:47 pm
what jack said, I think it's mtgox (weighted average)

Title: Re: Drug prices adapting?
Post by: chem on April 12, 2013, 09:54 pm
huh, cool, I did not know that