Post
Topic
Board Bitcoin Discussion
Re: Overstock.com's News on Accepting Bitcoin, Underwhelming Price Boost.
by
Voogru
on 10/01/2014, 07:47:30 UTC
One of the advantages of Overstock, and other merchants immediately converting to US dollars, is it prevents bitcoin prices from getting too bubbly, as it forces bitcoins onto the market to be sold. It also throws out the hoarding argument a little bit.