Large DROP in BTC PRICE can be caused by acceptance Amazon.com or other .com?

[ElectricMucus]

lol another idiot using their business to secretly leverage into bitcoin long positions.

As opposed to using their business to publicly leverage themselves into mansions, cars, and jets?  

Shareholders don't mind that at all.

for fun, look at their 1 year chart to see where this is headed...

The 1-year chart is up +57%.  

It was up even more prior to the sharp drop last week, which other retailers including Amazon also experienced.

That's a good point about using your company to leverage into a bitcoin long position.  If the price of bitcoin changes dramatically during 2014, I wonder if we'll see a correlation with the price of OSTK.  

The difference here, amazon is in a uptrend on the 1y chart, hasn't crashed as dramatic. Overstock shows pennystock behaviour.

[sickpig]

Does it really matter? Overstock just sends Bitcoins to Coinbase and converts them to dollars at the price Coinbase posts for that 10 minute period

This is no longer correct.   Overstock now keeps the bitcoins, does not sell them.

Citation needed

http://www.coindesk.com/overstock-ceo-holds-millions-bitcoin/
he may not keep them all, but he obviously keeps a lot.

in the article is stated that he personally owns btc. This is quite different from overstock keeping a percentage of btc for each tx processed by coinbase.

[BitchicksHusband]

Does it really matter? Overstock just sends Bitcoins to Coinbase and converts them to dollars at the price Coinbase posts for that 10 minute period

This is no longer correct.   Overstock now keeps the bitcoins, does not sell them.

Are you sure?  Even in the NY hearings just last week he stated that they converted all funds immediately to USD and would look in the future into changing that, slowly at first.