Post
Topic
Board Beginners & Help
Re: Please explain this to a total newbie
by
moundtown
on 04/05/2013, 23:15:10 UTC
The value of BTC varies by the minute a lot, not just by the day.  I hate sending my coins back and forth between exchanges because sometimes I lose 10% in the hour or two when are in transit.
I noticed that also. Within an hour's time I've seen the value drop by a couple of dollars. I've also seen it go up just as quickly. Isn't the value locked in at the time you submit the bitcoins to the buyer?