Post
Topic
Board Bitcoin Discussion
Re: How to determine the price of a product in bitcoin
by
HaXX0R1337
on 18/12/2016, 23:22:09 UTC
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?
The most common practice is to valuate the product and its denomination currency in terms of dollars and since bitcoin has high volatility we should follow that rule only to avoid taking a huge risk.