Post
Topic
Board Economics
Re: Appreciation of bitcoin
by
ViperCS
on 03/10/2017, 14:17:00 UTC
The price of bitcoin is up over 250% since last year, but acceptance of the cryptocurrency as a form of payment among top merchants has declined.
 Research said"bitcoin acceptance is virtually zero and shrinking," despite its impressive appreciation. According to the bank, last year bitcoin was accepted at five of a group of 500 top online merchants. Today, only three of those merchants accept bitcoin as a form of payment.