Post
Topic
Board Bitcoin Discussion
Re: Microsoft is now accepting Bitcoin
by
Remember remember the 5th of November
on 11/12/2014, 06:52:36 UTC
Amazing news, but it just occurred to me, more people loading $ in their accounts means more bitcoins being sold by Bitpay/Coinbase/whoever.

Yes, and that's a good thing. More people using bitcoins will result in a higher price. The more they get sold, the more they'll be bought. More demand = higher prices.
Well, it actually means the price will be going down as those payment processors will be unloading more bitcoins on the market.