Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
RUEHL
on 28/11/2014, 14:06:24 UTC
We will see a recover after the black friday.

Won't we?

Some fear huge BTC spending from the first Black Friday by large retailers offering use of Bitcoin (Dell, Overstock, Expedia, Newegg, etc...).

Retailers don't keep BTC, they dump to FIAT.  

So essentially, when you spend BTC on items you are essentially dumping it on the open exchange.