Silk Road forums
Discussion => Silk Road discussion => Topic started by: okonkwo on March 28, 2013, 10:06 am
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When I bought bitcoins two weeks ago they were 1btc for 71 dollars. Now they are 1btc for 92 dollars but the prices for items on SR have not come down as much as the bit coins get more expensive. I am going to wait a few more weeks to see if bitcoins get past 100 and then who knows. I mean I really want some coke, x, H, and meth but right now I stand to make some money on my bitcoins.
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My understanding is that the SR bitcoin value is based on the Mt.Gox 24 hour average, which is why you see a higher per bitcoin value than what SR shows. I know what you mean though, it's hard to make a purchase knowing your Btc could be worth 30% more in a couple weeks... could also crash though!
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@okonkwo, it can keep going up, it can also go all the way past 50.....nobody really knows. Best order up that C, X, H and Meth right now!
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Roger that. Damn, I have to give it to those who are waiting patiently to buy their goodies based on possible BTC fluctuations.
I buy my drugs as needed, when needed. BTC value be damned.
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Currently MT Gox has my bitcoins and won't release them until my account is verified so it might be 10 more days. That is what really frustrates me. I want to buy. I have learned about PGP, FE and auto finalize, hedge and unhedged. I am still scare of le but I want to make a purchase and stop being a lurker
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I watched the price on my tracked items drop day by day. I bought BTC at $47 each and spent them at $90. Felt good and wish I got more then. I was on my last .60btc or so and was short on my last purchase. I literally left my browser open and hit the refresh button every hour or so watching the price drop. So I can confirm it does change. Look at MtGox weighted average.
I've also read about MtGox wanting verification for moving larger amounts. What happens if you try moving several smaller transactions over a few days?
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Something like that here, bought coins at 67, then rise to 90, buy a couple things, then keep it up, but well, u have to purchase once for all, i mean, if the price rise by SOMMETHING, u made a nice invest, u know what i mean? stop going around cuz i at least, think that the price will do an epic fall, so its better to go away while u'r winning.