Silk Road forums

Discussion => Newbie discussion => Topic started by: anomnomnom on March 27, 2013, 11:41 pm

Title: Question About SR prices
Post by: anomnomnom on March 27, 2013, 11:41 pm
Hello, I apologize in advance if this is a stupid question as I am new to this, but let's say I am interested in purchasing an item that is 5 BTC. Does this price change day by day on SR as the value of BTCs fluctuates?
Title: Re: Question About SR prices
Post by: inthefade on March 27, 2013, 11:46 pm
I have read that yes, the price is set in USD and then it's shown in BTC according to the current exchange.
Title: Re: Question About SR prices
Post by: TungstenTip on March 27, 2013, 11:49 pm
Yes it does change.
Title: Re: Question About SR prices
Post by: anomnomnom on March 27, 2013, 11:54 pm
Ah, I see, so is it advisable to add a cushion to the amount of BTC you are purchasing to avoid being short?
Title: Re: Question About SR prices
Post by: dothedamnthing on March 27, 2013, 11:59 pm
The BTC price will adjust as the rate fluctuates but the actual USD price you are paying isn't going to change unless the vendor changes it.

Account>Settings>Display prices in dollars

Much easier.
Title: Re: Question About SR prices
Post by: anomnomnom on March 28, 2013, 12:27 am
Thanks! :)
Title: Re: Question About SR prices
Post by: LexLuthor on March 28, 2013, 12:38 am
Yh they're pegged but always get 5-10% more btc than I need in case of fluctuations.