>My suspicion, which I think many BTC skeptics hold, is that most BTC transactions are more for currency conversions than purchasing goods. We get about one BT

>My suspicion, which I think many BTC skeptics hold, is that most BTC transactions are more for currency conversions than purchasing goods. We get about one BTC order a week at my store and then hold our bitcoins rather than immediately cashing out for USD. The largest orders were from someone who told us overtly that they were basically making orders from us as a way of cashing out their bitcoins.