Bitcoin Forum

Economy => Service Discussion => Topic started by: saddambitcoin on January 15, 2013, 06:00:09 PM



Title: question for merchants that accept bitcoin
Post by: saddambitcoin on January 15, 2013, 06:00:09 PM
when the price of bitcoin is rising (like it has been recently), do you experience a decrease in customers spending btc on your goods? 


Title: Re: question for merchants that accept bitcoin
Post by: zoinky on January 16, 2013, 01:16:31 AM
Ask this on the Silkroad forums  ;D


Title: Re: question for merchants that accept bitcoin
Post by: Littleshop on January 16, 2013, 02:26:34 AM
The logic goes both ways.  As price rises they need less BTC to buy things priced in USD.  Others buy items when BTC drops as they go into a panic when they think they will have less value in the future.