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> The price could crash by 25% before I sell the bitcoin and now I've a cash-flow problem Well, the parent comment said "if the transactions were quick", meani
by Bromskloss 9y ago
> The price could crash by 25% before I sell the bitcoin and now I've a cash-flow problem
Well, the parent comment said "if the transactions were quick", meaning that you would exchange the bitcoin for something else as soon as you received them (within a second or minute, say).
- salvar 9y agoWouldn't that cost a huge amount in transaction fees, making the whole thing moot?
- Bromskloss 9y agoFor a large enough sales volume, the transaction fee might be negligible, but I don't know the numbers.