Silk Road forums
Discussion => Security => Topic started by: BigPeyote on August 22, 2012, 09:44 pm
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i know this may be a dumb quetion but i can't figure out how much 1 bitcoin is to a USD. i know it's about 10 dollars or whatever but if i want to spend 550 on something on bit coins i can't figure out how many i need exactly....basically i need to know how much 550 is in coins haha
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$ElevendySevendyTwo.
for real man. Log on to SR and check.
right NOW 1BTC = $9.86USD. This changes more then a couple times during the day. Plan to deposit/transfer some extra $ and the worse thing that could happen is you end up with some extra coins. Do not try to plan anything to the penny and come up short and then start a begger thread!
PS - as of RIGHT NOW $550 = 55.7809331 BTC.
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Where do you find that number? I made my first bitcoin purchase with bitinstant today, and the btc I actually got came to a ratio of 10.51$/btc. They charge plenty of separate "upfront" fees, so I hope they don't screw you on the $/btc ratio too?
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Where do you find that number? I made my first bitcoin purchase with bitinstant today, and the btc I actually got came to a ratio of 10.51$/btc. They charge plenty of separate "upfront" fees, so I hope they don't screw you on the $/btc ratio too?
THAT number is/was SRs weighted avg for 1BTC. AKA how much $ you would have to spend on SR if you deposited 1BTC to your SR wallet.
https://mtgox.com/ You paid wayyy too much. The highest price today is/was $10.09 per 1BTC.
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Where do you find that number? I made my first bitcoin purchase with bitinstant today, and the btc I actually got came to a ratio of 10.51$/btc. They charge plenty of separate "upfront" fees, so I hope they don't screw you on the $/btc ratio too?
THAT number is/was SRs weighted avg for 1BTC. AKA how much $ you would have to spend on SR if you deposited 1BTC to your SR wallet.
https://mtgox.com/ You paid wayyy too much. The highest price today is/was $10.09 per 1BTC.
perhaps the price he paid included the fees?
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Where do you find that number? I made my first bitcoin purchase with bitinstant today, and the btc I actually got came to a ratio of 10.51$/btc. They charge plenty of separate "upfront" fees, so I hope they don't screw you on the $/btc ratio too?
THAT number is/was SRs weighted avg for 1BTC. AKA how much $ you would have to spend on SR if you deposited 1BTC to your SR wallet.
https://mtgox.com/ You paid wayyy too much. The highest price today is/was $10.09 per 1BTC.
Bit instant takes a 4.5% + 1$ commission then add in another .6% for Mtgox assuming you paid to mtgox and not directly to a wallet (regardless you'd still pay the mtgox fee because they just execute a market order on gox when you attempt to deposit straight into an acc) so you paid ~ 10$/BTC and 50c / BTC in fees, or just about 5%. (the +1 probably accounts for the other .01$/btc)
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such a rip off , esp when it takes ages to get your money back >:(