Paying with Bitcoin is bad for its price

in #btc • 5 years ago

Most of the entities that accept payments with bitcoin use apps to convert it immediatly into fiat. That adds more selling pressure on the price of bitcoin.

Sturbucks announcing that it will accept bitcoin payments through a partnership with bakkt is bad for the price.

#bitcoin #bakkt #cryptocurrency #trading #hodl #thoughts #investing
5 years ago in #btc by
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