Post
Topic
Board Speculation
Re: If we break 350 we go right to double digits!
by
btcKaboom
on 22/09/2014, 11:11:37 UTC
Guys, just relax, bitcoin works and adoption and price will increase over time.
Adoption drives the price down, stupid. Don't you know merchants convert funny money into real fiat immediately? They are not stupid.

in the short term yes
is there a btc -> fiat conversion fee? it won't be long before they figure out they could avoid it by paying their suppliers and staff with the bitcoin