Nostr

True, if you selling a product and say the product cost like $50, say at one point $50 is equivalent to 100k sats, but then Bitcoin goes up a lot like we've seen and all of a sudden people are paying 100k sats still, but now it's equal to around $100 for the same product.

The Fishcake (nostr.build) 1y ago

We’ve set our pricing based on $100K conversion, and that is still bad since people psychologically just can’t process that 🫡

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Discussion

Uno 1y ago

Yeah, it gets confusing, especially for new people to Bitcoin.

Uno 1y ago

We could set up a dynamic pricing situation where the amount of data changes based on the current price, but that gets really confusing.

MA₿ 1y ago

Could you do the average of a weekly/biweekly range? Say the lows and highs of the week and then average them out by how many data points you want to take?

Uno 1y ago

You could, again this confuses some people a lot.

MA₿ 1y ago

I would say to do it on the backend so it doesn’t confuse the customer. I don’t know what you’re selling, but they have different long-term moving averages for 90 or 200-day.

Uno 1y ago

True, I'm not selling anything, just brainstorming.🤣

The Fishcake (nostr.build) 1y ago

BTCPayServer has it all with the configurable buffer. It is easy to do, no need to even think about it