Quote from: dissipate on October 09, 2012, 11:11:00 PM

Quote from: Cranky4u on October 09, 2012, 10:42:00 PM

So what is the impact to the BTC community? Are we about to see mainstream software companies accepting BTC as payments?

No way. Even if they wanted to they wouldn't because the market cap of Bitcoin is too low and the liquidity is just not there. These companies deal in billions, not thousands.

Yeah, yeah... The liquidity is not there because large companies are not yet using it.

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If they can't liquidate millions of dollars worth of BTC on a moments notice they won't touch it. Unless they wanted to use Bitcoin for some niche product/service.

Interesting... What do you mean by "liquidating" millions of dollars at a moment's notice? Hiding profits from auditors? Many companies deal with commodities that are far slower than Bitcoin, yet they somehow manage to work around that. For example, shipping companies cannot just magically liquidate their stock at a moment's notice.

On the other hand, if large companies are unable to use Bitcoin because of some fear that they'll be like an elephant in a china shop, that's their problem. Their incompetence is another's advantage.