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Topic
Board Beginners & Help
Re: what is killing bitcoin by drastically deflating it?
by
HighInBC
on 05/04/2013, 00:33:05 UTC
Many bitcoin holders may feel like its a good thing that bitcoin -> $ value doubled within past few weeks,
but thats terrible news for people who sell stuff and would like to accept bitcoin...

With a payment service like bitpay you get your bitcoins converted to dollars instantly, so it does not matter what the price of bitcoins are. In fact when it goes up your customers suddenly have more money to spend.