Re: If we break 350 we go right to double digits!

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

That would make the suppliers and staff really happy making business with you.

probably in the next few years they will have integrated supply chain systems that automate stock orders and instantly pay suppliers based on rates of sale
well they won't have to wait days or weeks to get their money and reduce their administrative costs