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.
|