You are viewing a single comment's thread from:

RE: Bitcoin Price Rebound, Ebay using Bitcoin? ICO SCAM $1M, Lightning Network Expands

in #bitcoin6 years ago (edited)

Litepay from my perspective will have the same issue as any other crypto in real business. The massive price volatility just does not allow to calculate profitability.

We are consultants so imagine we are charging a day for € 1000 depending on price changes this could in one day even hours be worth 800 (not profitable) or 1200 (very profitable) no business can afford this kind of fluctuations unless holding it in a wallet and wait for the right moment to cash in. Unless base price will still be calculated in FIAT and payments will be handled at conversion.

Unless there will be more smooth times I am not sure about the success of these platforms.

What do you think?

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 68960.63
ETH 3804.34
USDT 1.00
SBD 3.70