Quote from: talkbitcoin on June 01, 2017, 11:13:12 AM

Quote from: beantownsox87 on May 30, 2017, 08:52:08 PM

is creating a wall that makes it harder for BTCto be a universal economic currency. Stores may take 1BTC for a product and in the AM that 1BTC could be valued at .08BTC. Obviously theres a ton of positives to this happening I think more than negatives. I for one hope it does though because USD is getting old

i don't see anybody else mentioning this and i don't know if it is a typo or what but from 1BTC to 0.08BTC is a -92% drop and it is impossible to happen, i assure you.

if you mean a smaller drop like the 20% drop or something like that then i have to say such drops are rare, they don't happen everyday. they always happen after a fast rise or a huge FUD. other times bitcoin is pretty stable.
and also as it was mentioned a million times if "Stores" are worried about it they can exchange it for fiat as soon as they receive it.
[/quotIn

One more FUD, but this newbie don't know recent history. Some houses, cars, pizzas are sold for some amount of bitcoin, in moment of buying that amount of bitcoins had one price, now that bitcoins worth much more then before, who made a mistake here, people who sold their goods for 1000 bitcoins (in some moment that was 500000 dollars) and now this bitcoins worth 8 times more, and in some cases much more, someone bwas selling pizzas for 10000 bitcoins, can you even calculate how much that bitcoins worth now?
In future bitcoins will worth more then now, merchants profit now and they will make more more profit in future if they hold at least one part of bitcoins they earn trough selling their goods for bitcoin. That is win win situation, and that's why bitcoin will be more popular among merchants.