Post
Topic
Board Bitcoin Discussion
Re: People think price it not important but it does matter a lot
by
TheButterZone
on 03/11/2014, 22:41:57 UTC
As long as BTC keeps going down relative to fiat, then you need to spend BTC the instant you get it.

you don't have to spend the BTC. you can also "lock" the price (hedging) with futures

Sure, if you want all your BTC to be stolen because you sent it to a private key not under your exclusive control.