Silk Road forums
Discussion => Newbie discussion => Topic started by: birdie on April 12, 2013, 09:32 pm
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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?!...
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you would think they would have to, somehow.
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Prices are bound to the dollar so they automatically adapt as the price of bitcoin changes.
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which exchange rate would they use? different exchanges quote different prices
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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,
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what jack said, I think it's mtgox (weighted average)
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huh, cool, I did not know that