Post by: newshunter on November 22, 2019, 01:00:54 PM
The Sacramento Kings’ chief technology officer said that fans stopped spending Bitcoin on team merchandise with the price sky-rocketed
Source: Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked (https://cointelegraph.com/news/sacramento-kings-cto-fans-quit-spending-bitcoin-when-the-price-hiked)
Would appreciate your opinion about this
Post by: Goodcat49 on November 24, 2019, 03:28:45 PM
Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price HikedBitcoin itself isn't good for regular and small payments now, they'd better accept BCH or ETH.
(https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wMzMyZDEzY2I0MmZkOTI1OWM1ZTJkYTUzM2JlYzRkYS5qcGc=.jpg)<p>The Sacramento Kings’ chief technology officer said that fans stopped spending Bitcoin on team merchandise with the price sky-rocketed</p>
Source: Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked (https://cointelegraph.com/news/sacramento-kings-cto-fans-quit-spending-bitcoin-when-the-price-hiked)
Would appreciate your opinion about this
Post by: Niteroy on November 25, 2019, 11:29:44 AM
Post by: Goodcat49 on November 25, 2019, 07:46:18 PM
It is only logical that people stop spending Bitcoin when its price goes up, because many of its holders hope that the price will be even higher and they will be able to sell Bitcoin more expensive. For example, I try to buy Bitcoin, but I use other cryptocurrencies to pay for goods on the Internet.It's not so logical because hamsters always buy at a higher price and then sell at lower.