Silk Road forums
Discussion => Newbie discussion => Topic started by: kronik42088 on July 09, 2013, 08:39 am
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ok so i wanna buy some MJ, he has in the description, 1 oz = $350 (Australia - Australia), which = 4.8333BTC, now the cheapest i can buy a BTC for is about $90, which would mean 4.8333BTC = $430+
why such a big difference??
on a related note.. i can buy Bitcoins for about $90 each but can only sell them for about $80 each.... wtf??
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bump
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another question..
which way do you think BTC are going price wise? up or down? buy now, or buy later?
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ok last question..
the spam on here, ie: http://www.[CENSORED: spam link].com/ are these scams?? or they legit??
p.s. kinda high right now lol...
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bump over spam
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The past week it's gone from $80 to$62 back to $75~. It'll probably average 75 for a little while it seems. If I were you I'd try to find a money drop off service you can do, such as moneygram, western union, moneypak, etc. Or sign up on one of the btc exchanges for international use, you'd need to use a bank account. Regardless paying such a premium for BTC is ridiculous, this is one reason why the price fluctuates so rapidly. That and people wanting a 15% fee to sell their BTC when they're typically laundering so it's helping THEM.
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i use localbitcoins.com
the prices of BTC seem to be pretty consistent on which ever exchange you use..
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The price is set from SR's BTC valuation. At the moment it's USD$75.18. So that would be about USD$363 for 4.8333 BTC. Granted you might be paying more than SR's valuation for your BTC though. btc-e.com seems to have consistently low prices for BTC if you have a way to fund it.