Quote:
Originally Posted by MikeRoth
SilkRoad converts the current MTGox USD exchange rate into the bitcoin price. So the customer would still pay the same amount of USD whether bitcoin is at $70 or $150. You would then want to exchange it for USD ASAP to keep from losing money if the price of BTC goes down.
The price of bitcoin will eventually settle down.
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Right, but the risk is still big, considering BTC still today fluctuate between $80 and $60 in a matter of minutes.
It is just not stable enough and the upside of using a BTC is far from big enough to justify it.