Quote from: clickerz on December 16, 2016, 01:59:46 PM

Quote from: n2004al on December 16, 2016, 01:14:34 PM

Quote from: Wandering Soul~ on December 15, 2016, 03:33:27 PM

We all know that bitcoins price changes quickly because of its demand So if some online shop sells products and pricing it in bitcoin,
How can we price it ? Should the price change also like btc?

If you know the value of something you want to sell in real money the price of it in bitcoin can be found very easy. Convert the price in real money in bitcoin and you will have the price you want. Adjust it how time you want if the price of bitcoin change and have nothing else to do.

That is very possible to do but at what percentage you can mark up to follow the price of bitcoin fluctuations? Or maybe you can take the average bitcoin value plus 20% plus markup? or even higher?

To encourage customer use bitcoin, I suggest giving some discount (1-5%) instead of 20% markup.

In order to avoid people abusing the price fluctuation its better to have a system where you can price the BTC real time. I think paypal and some other BTC payment portal can do that right?