Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked

[newshunter]

Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked

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

Would appreciate your opinion about this

[Goodcat49]

Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked

<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
Would appreciate your opinion about this

Bitcoin itself isn't good for regular and small payments now, they'd better accept BCH or ETH.

[Niteroy]

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.

[Goodcat49]

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.