So it's been a couple of weeks and still nothing has really happened as far as coming up with a solution to bring some stability in the pricing for the buyers and vendors, and now that the dollar to pound conversion rate has very very quickly hit it's worst rate on record, and it's clearly showing no signs of slowing down, what are we going to do about this?
My solution, which has been backed up by so many of the sites users that i've lost count, would be the obvious
>CHANGE THE SITES CURRENCY FROM DOLLARS $, TO STERLING £<
$60 is as near as makes no difference, £60 now (£55.26), once you factor in fees for buying btc etc! this is absolute insanity, i'm now unable to afford the order i planned for today due to literal overnight changes in conversion rates
$60 right now is £55.26
$60 a year ago today was £43.20
this is HUGE
I've explained this way too many times in the past couple weeks, but the only reason we are experiencing all the negatives of this is because we are still (for no actual given reason) using Dollars, instead of Sterling as the sites currency!
at the very least, 90% of the buyers on here are within the UK, and all have Sterling in our bank accounts, not Dollars
Dollars and Sterling are neck and neck when it comes to stability in the worlds market, claiming the use of Dollars for stability reasons on here is disingenuous
and how are vendors expected to be sat at their computer 24/7 constantly adjusting their prices on hundreds of listed items just to make it fair for buyers, when all this could be solved with a simple currency change?
$60 right now is £55.26
$60 a year ago today was £43.20
this is INSANE biggas, and it has NOTHING to do with inflation in the context of this website and market
£60 a year ago is £60 today.
one final thing i would like to add biggas that a lot of you probably wouldn't have even seen at the time, or joined long after, but about 2 years ago, before we had initiatives, i was very outspoken about the fact that the BTC prices on here used to be only set in 5 digits, for example 0.0050BTC, and with the instability of BTC, this lead to us never being able to actually pay the correct amount for our orders (0.0057464BTC < how prices look now) often having to pay way more than the order is worth because we didn't have the correct amount of decimal places, this was hugely frustrating and it was costing everyone a fortune, and after making topic after topic screaming at the top of my lungs about how much we need extra decimal places and then out of nowhere with no explanation we were finally given this much needed change when LB went under it's overhaul a couple years back! i wanted to end on that, for the biggas that thought that i'm just bitching, i'm not, i poured so much energy into those topics to benefit all of us, the amount of money that we have all saved since the decimal place change would have surpassed the hundreds of thousands of £ quite some time ago, just like the change i'm asking for now, it's going to save so many people so much money at a time when we coudn't possibly need it more.
Peace.
