Quote from: SyGambler on January 10, 2018, 12:02:21 PM

Quote from: samsolocrypto on January 10, 2018, 11:15:33 AM

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

In short, the profit of microsoft will also be unstable if they are in bitcoin.
Eversince, the price of bitcoin is unstable. The volatility of its price is one of the factors why there are some investors are attracted.
I think it is just a strategical move of microsoft in order for them to gain more profits because microsoft think that it is too hard to risk at bitcoin. Maybe it will be the reason why they will crash out.