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The price of BTC went up by $2k USD in 2 hours this morning. Why would anyone want to use it to buy something when there's a good chance it'll be worth more in
by s73ver_ 9y ago
The price of BTC went up by $2k USD in 2 hours this morning. Why would anyone want to use it to buy something when there's a good chance it'll be worth more in a day or so?
- shuntress 9y agoI think that is their point. It would be nice if BTC would stabilize so that it can actually be used for purchasing something other than USD.
- mikeash 9y agoAnd conversely, it just fell by $3,000 in 20 minutes. Why would anyone accept it for a purchase when there's a good chance it'll be worth substantially less not long after?
- philbot1008 9y agoKeep in mind, the change in $ isn't important, it's the percentage change over time and the variance.