Re: Retail adoption hurts bitcoin price it doesn't help it and here's why

Quote from: franky1 on August 07, 2014, 05:23:54 PM

overstock do a $1mill a month in bitcoin.. and guess what, they only value the bitcoin in dollar. but never actually convert it to dollar. they are hoarding.

Overstock converts 90% to dollars, and holds about 10% as Bitcoins. Read their 10-Q.