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Topic: iPhone 5: Will People Cash Out on Bitcoins? - page 3. (Read 4672 times)

sr. member
Activity: 280
Merit: 250
September 08, 2012, 11:56:22 PM
#1
Just wondering.

We've heard a lot about the iPhone 5 coming up. Current iPhone sales are reportedly down because people are holding out for the new one (also take into account the largely aesthetic changes in the 4S, which many weren't really satisfied with).

Do you think some people might cash out of Bitcoins to buy the new iPhone? It's interesting economically because it's about human behavior, and it might have an effect on the exchange rate - however I'll be the first one to admit that if there is any change, it'll be exceedingly small.
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