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Board Beginners & Help
Topic OP
Can Buttercoin achieve their goals with the current market?
by
LVBTC
on 31/08/2013, 08:31:45 UTC
I love the prospect of introducing bitcoin to international tranfers, but are they too early? Considering the buy/sell walls, do you feel a company would be able to move upwards to millions of dollars for people sending money to relatives? What systems or strategies could they put in place to combat currency loss?

I would guess they will need a couple weeks transfer time where they strategically invest into the market. With a $1mm investment, there will not be enough capital (or in various fiats) on hand to do much internally.

Thoughts?