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Author Topic: question for merchants that accept bitcoin  (Read 415 times)
saddambitcoin
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January 15, 2013, 06:00:09 PM
 #1

when the price of bitcoin is rising (like it has been recently), do you experience a decrease in customers spending btc on your goods? 

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zoinky
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January 16, 2013, 01:16:31 AM
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Ask this on the Silkroad forums  Grin
Littleshop
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January 16, 2013, 02:26:34 AM
 #3

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. 

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