This is why it is going lower, much, much lower:
http://www.businesswire.com/news/home/20131211005909/en/BitPay-Exceeds-100000000-Bitcoin-Transactions-Processed#.Uzp95qIryhoprocessed over $100 million in transactions this year, and has increased its merchant base to over 15,500 approved merchants in 200 countries
http://seekingalpha.com/news/1465461-bitcoin-bitpay-volume-triples-m-m-european-regulators-weigh-inBitPay volume triples M/M in November after the roll-out of a new pricing plan and integration with Shopify. Transaction volume tripled during the same period
Thus using an geometric series, I can estimate their December sales were $40 million, January, $120 million, February $360 million, March over a $1 billion. Now surely their Xmas surge was greater than normal M/M growth, but you can clearly see this is much larger now and very significant.
Oh fuck look what just happened under our nose while we were not paying attention!
https://www.goldsilverbitcoin.com/bitpay-worlds-first-zero-transaction-fee-payment-processing/BitPays new model, however, asks for $30 per month per merchant, with zero additional fees. This is unprecedented in payment processing space, and will certainly send shockwaves through various payment processing spaces.
Both BitPay and Coinbase represent the worlds first zero-fee payment processors, driving home how revolutionary modern payment methods are.
Visionaries who invested in BitPay include Trace Mayer, Peter Thiel and Max Keiser.
So who is paying those high fees? We the customers in the exchange rate!!! And liquidating our investment!
Fuck we've been sucked into a fiat vortex by that same bastard Peter Thiel who angel funded Facebook and Paypal.
This is war. I'm livid. It is time to get serious.