Which BTC price are you referring to?  Mt. Gox already hit $117 tonight...so I think tomorrow Mt. Gox will be $118 at some point.  Bitstamp maybe $101.

I did some more checking and realized my wallet app was somehow tied to Singapore Dollars which also has the $ symbol.  I don't know how that happened.

Thanks! That makes sense and yes, at the end of the day I paid .15 BTC for what I wanted.

but I guess I don't know who my app (blockchain) uses....or who the tshirt vendor uses.  With the tshirt purchase...everything went great...just confused by the application saying that the total USD value was $23 something.

I get my prices from Mt. Gox which I believe Bitinstant uses.

That's all I know.

Also,

When I purchased the tshirt.  I ended up scanning their QR Code with my phone and with my laptop clicked the payment had completed.  How the heck did the vendor know it was me that sent the .15 BTC?

Hello,

Today I transferred .15 BTC to purchase a T-shirt.   The vendor charges $19.99 or the equivalent in BTC which they stated on their site as .15. When I made the transaction (20 minutes ago) the price of a BTC was $132 which is the same as it is now.  The transaction went through and my blockchain application said it was successful but the USD value was $23 at the time of purchase? Huh?  I'm confused.  Did the price spike to above $150 for 3 seconds while it went through?  Kinda lost on that one. 

Also, last Saturday I purchased BTC via MoneyGram/Bitinstant....Minus the fee of $3.95 and the 4% that Bitinstant charges..my total amount of funds I sent was $135.  At the time then, the price per BTC was $123....so I assumed when the transfer went through I would receive 1.09 BTCs.  The transfer went through about 1 minute after payment and only 1.07 BTC was added.  Did the price jump to $126?  I checked and it was actually lower...around $122.

Neither example made me angry...just somewhat lost is all.  I'm assuming I'm missing something that is perfectly explainable.

Thanks for your input!

Thanks.  I will reach out to Bitinstant.

Blockchain.info was down.  At least logging into the wallet...via my phone and various different browsers.  Could it be a blockhain.info issue?

Hello,

I'm new to BTC and this site.

Hello,

Yesterday I made a cash payment to Bitinstant via ZipZap (Moneygram).  This was the 4th time I've made such a deposit to buy BTC.  I wanted to buy as the price has taken a big dip and wanted to get the most for my fiat.  While I was at work I saw the price around $65 and by the time it was my lunch hour I decided to make a payment slip.  At that time the price was about $86. 

I made a deposit of $100 (minus fees and everything the total BTC purchase was $92).  I was assuming I would receive at least 1 BTC.  I made the deposit around 2:30PM.

After I made the payment, maybe 10 minutes later, I received an email from ZipZap saying the payment had been received.  Over the course of the afternoon the price had risen from $86 to over $100, around $115 if I recall.

The BTCs did not appear in my wallet until 9:30PM.  7 hours later!  There was a time around 6/7pm that I could not even login to my wallet (Blockchain).  From 8pm - 9:30PM I was unavailable to check prices, my wallet, etc.

When I did receive the BTCs, it was only .71 BTCs.

In order to receive .71 BTCs, the price would have been around $129.  I see that it hit that price late in the evening yesterday....

I have a few questions on this process:
It doesn't matter what the price is when you print the payment slip?
It doesn't' matter what the price is when you make the payment?
It doesn't' matter what the price is when ZipZap receives the funds?
It only matters when the BTCs are finally transferred as to what you will receive?

Please enlighten me, I just don't want to be confused again.  Also, don't like it took 7 hours to post.  The first time took less than 5min.

Thanks for reading this.