Silk Road forums

Discussion => Newbie discussion => Topic started by: scr4tch on April 25, 2013, 11:06 pm

Title: How are SR prices linked to BTC/USD rates
Post by: scr4tch on April 25, 2013, 11:06 pm
I know most sellers link their pricing to the going USD to BTC rate, but I'm wondering where thats indexed from. Is it MtGox yeah? Also, is there a filter over rates to stop high fluctuation? Whats the delay in updating/polling period?


Thanks,
Scr4tch.
Title: Re: How are SR prices linked to BTC/USD rates
Post by: CrackerJackoBacko on April 26, 2013, 06:54 am
I think i read somewhere it gets updated once every 24 hours, so unless someone says different I assume thats the case
Title: Re: How are SR prices linked to BTC/USD rates
Post by: android465764E on April 26, 2013, 07:17 am
I think i read somewhere it gets updated once every 24 hours, so unless someone says different I assume thats the case


I though this too, but I placed an order about 12 hours ago and since ordering the list price has gone up twice. Only by ฿0.01 each time, but still...

I'd really like to know exactly when the prices are adjusted each day. (?)
Title: Re: How are SR prices linked to BTC/USD rates
Post by: bonsai on April 26, 2013, 09:06 pm
I believe the wiki says that SR's rates are indexed to Mt Gox's price average listing, not to the last price or highest/lowest price. As to how often the rates are adjusted, certainly several times a day since the value of my BTC on SR change often during the day.