Topic: Aftermath of Merchant Acceptance? - page 2. (Read 1615 times)
bitpay do not trade as much as you think on exchanges. they do large private trades bhind the scenes away from exchanges. so the impact is not as big as you may think if growth was to increase really fast
Bitpay like company which process merchant payments, locks invoice at particular price with some time window to compensate volatility. So, whenever Bitpay successfully process payments means there is someone liquidating Bitcoin. If merchants acceptance is drastically increased then how will it effect price on exchange?
Will it move towards higher end or lower end? If cycle is perfect then, with every sell on exchange from payment process there is buyer out there. And price will remain constant. What if this is not true?
Various scenarios?
Will it move towards higher end or lower end? If cycle is perfect then, with every sell on exchange from payment process there is buyer out there. And price will remain constant. What if this is not true?
Various scenarios?
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