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I wonder if Bitcoin's recent adoption by some big sites is actually what is bringing the price down as people with stored up BTC are sending them to merchants,
by satellitecat 12y ago
I wonder if Bitcoin's recent adoption by some big sites is actually what is bringing the price down as people with stored up BTC are sending them to merchants, who are instantly converting them to their preferred currency?
- CoderOnWelfare 12y agoTHat's an interesting thought, - I vector toward thinking that there was a chokehold on new money coming into the system. It was really hard to acquire bitcoins by a wide base of people. It got tons of press - but at the end of the day Joe Schmoe who has a desire for it has no idea how to purchase it.