Post
Topic
Board Bitcoin Discussion
Re: Aftermath of Merchant Acceptance?
by
MegaHustlr
on 24/07/2014, 19:56:57 UTC
Does anyone know if these payment processors keep hold of some of the coins as an investment? Like maybe it would be a wise idea to keep some of their money from the profits in coins. They could hold out for am hefty price rise then sell and make a killing.

... or they could lose everything when the price drops.

My guess is that they hold BTC and dollars in reserve, and they probably hold as little as they can.

Well it obviously is as risk, but so is any investment. If they keep some of their profits in bitcoin then it cant hurt, especially if it's just a small ammount as an investment. I think most people here realize that bitcoin is going to be worth much more than it is now at some point in the near future so maybe the risk is worth it.