I'm interested in the impact that a major "dump" by bitpay would have in the market. Are there any recent or real time values of bitpay's volume?
I remember reading a while back that they had quite a bit of volume... Enough to push the market down quite a lot.
Topic: bitpay does not dump on exchanges - page 2. (Read 1215 times)
This is actually quite interesting and surprising. As far as I recall I haven't seen anyone ever saying that they don't. It was a general idea that they were instantly converting and that it was pushing the price down.
They should have spoken out sooner. I'm going to assume that they don't really have people working there that are following this community (at least not closely).
This is actually why some people have been avoiding merchants that have been cooperating with Bitpay. There was also a list of merchants that do not exchange Bitcoin to fiat (I believe that it was in this very section).
They should have spoken out sooner. I'm going to assume that they don't really have people working there that are following this community (at least not closely).
This is actually why some people have been avoiding merchants that have been cooperating with Bitpay. There was also a list of merchants that do not exchange Bitcoin to fiat (I believe that it was in this very section).
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