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Old 11-10-2013, 06:58 PM  
Chris
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Join Date: May 2003
Location: icq: 71462500 Skype: Jupzchris
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Quote:
Originally Posted by rowan View Post
I notice that TrafficHolder says on withdraw,

"We will convert requested funds to BitCoin based on MtGox BitCoin Price during the payment moment."

mtgox's USD-BTC price is inflated because of the difficulty (impossibility?) of withdrawing funds in USD from there. So a conversion based on mtgox would probably be losing something like 5-10% of value.
If they are using MTGox numbers it is just bad for the customer not the merchant as at the end of the day the merchant is still getting $10 for the $10 of traffic he sold but the customer is having to pay more in bitcoins due to the inflated mtgox prices


edit : just re-read what you wrote and yes if a company is paying you OUT to BTC with mtgox prices - you are not getting a good deal at all.
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Last edited by Chris; 11-10-2013 at 06:59 PM..
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