Post
Topic
Board Bitcoin Discussion
Re: Microsoft Removes Bitcoin
by
SyGambler
on 10/01/2018, 12:02:21 UTC
why Microsoft Removes Bitcoin as Payment Option for Microsoft Storew?

yeah I saw that in one of youtube news videos , the youtuber mentioned that this is a temporary move
Microsoft is saying that's due volatility  , but bitcoin has always been the same when it comes to volatility since the early days

most likely it's due the long time to get confirmations , since it can be really serious when your business is  fiat based
for example when a customer makes a purchase and pays certain amount in btc , at the time that the transaction confirmed the whole value based on USD may change a lot


so the site may lose money if the price go down , or they may gain money if the price go up