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Speculation
Re: Is Overstock.com slowly draining the price?
by
ShawnP
on
23/03/2014, 11:55:38 UTC
Quote from: Elwar on March 23, 2014, 11:25:01 AM
I got the $1 million per day from here:
http://www.fool.com/investing/general/2014/03/22/will-bitcoin-destroy-big-government.aspx
"Indeed, while Overstock.com may accept bitcoin, it doesn't store them -- all the bitcoins Overstock.com takes in (now worth more than $1 million per day) are converted directly to U.S. dollars."
100% typo by the writer of article.
considering their CEO said that they expect bitcoin sales to reach $10 million or $15 this year."
http://online.wsj.com/news/articles/SB10001424052702304815004579418962232488216