Post
Topic
Board Bitcoin Discussion
Re: How Do we bring the value of BitCoins back up?
by
Anonymailer
on 26/08/2011, 10:10:49 UTC

No merchant is going to accept btc when people have confessed it's a gambling game, and given the horrific breaches of security bitcoin has. You know like mtgox being hacked and all the money in mybitcoin "being stolen".
Smaller merchants will and that will help establish stability. Risk can be removed to a large extent if you immediately convert your costs back in to fiat on sales and keep profits in your own secure wallet!