Author

Topic: question for merchants that accept bitcoin (Read 540 times)

legendary
Activity: 1386
Merit: 1004
January 15, 2013, 10:26:34 PM
#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. 
hero member
Activity: 811
Merit: 1000
Web Developer
January 15, 2013, 09:16:31 PM
#2
Ask this on the Silkroad forums  Grin
legendary
Activity: 1610
Merit: 1004
January 15, 2013, 02:00:09 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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