Oh come on gortonc why shall we give a helping hand to bitcoin like it is just a highly volatile currency I have ever seen 1 day it’s above 1000USD while other day its worth is slashed to less than 500USD. Bitcoin is a simple joke which shall doom without my hand at least. If you need to sink then hold bitcoin tightly.
You know what... no one was complaining when BTC went from $15 to $250. And no one was complaining when it went up from $70 to $1,200. Then why blame it when it declines from $1,200 to $480?
Volatility is really a bad thing. But merchants can avoid this problem by immediately converting the BTCs to USD or any other fiat currency.