Quote from: Iamannie on February 19, 2019, 10:51:29 AM

Quote from: deisik on February 19, 2019, 10:35:30 AM

Quote from: tbossmitche on February 19, 2019, 09:03:22 AM

You do have a valid and strong point on this one. However, we cannot deny the fact that a lot of merchants still shy away from accepting cryptocurrencies due the uncertainty with crypto prices. No one really wants loose while holding on to some virtual coins

You definitely should read the thread

As I have explained on a few occasions already that volatility is not something that merchants should care about. In simple terms, merchants don't accept cryptocurrencies directly in general (some certainly do but they are few and far in between). Most merchants which are accepting cryptocurrencies as payment are still accepting fiat as before. It is payment processors which receive crypto from buyers and then covert it to fiat, and it is them who are dealing with volatility issues (i.e. not merchants)

That is if they use payment processor like coinpayments, coinbase etc but some merchants who would rather partner with the merchant directly like XVG and other altcoins then they do suffer the volatility at its finest (or worst

You may want to read the thread too

Merchants who choose to accept crypto directly can easily get rid of volatility through hedging (which I explained earlier as well). But it makes sense if you have quite a few consumers willing to pay with cryptocurrencies. If you don't, you'd better go with third party solutions like the ones you mentioned. Otherwise, you can use major exchanges like Bitfinex to open offsetting short positions and thus become invincible to volatility bursts