Now, whenever I buy something in Bitcoins, I always end up getting a refund after the vendor converts into local currency - which I then need to sell to get USD again.
I expect that when it comes back down at 15% a day, the opposite will occur, and I will have to add a bit more.
It's annoying - I don't really care whether 1 Bitcoin = $USD 1, $USD 10, $USD 100, $1000, or $USD 10,000 - that's completely immaterial to me - I just wish it wouldn't move around.
It is interesting how more vendors who, for whatever reason are no longer able to accept paypal or credit cards, are transitioning over to BitCoin. It's certainly going mainstream more quickly than I would have thought.
This constant volatility is nothing but bad news though.
I expect that when it comes back down at 15% a day, the opposite will occur, and I will have to add a bit more.
It's annoying - I don't really care whether 1 Bitcoin = $USD 1, $USD 10, $USD 100, $1000, or $USD 10,000 - that's completely immaterial to me - I just wish it wouldn't move around.
It is interesting how more vendors who, for whatever reason are no longer able to accept paypal or credit cards, are transitioning over to BitCoin. It's certainly going mainstream more quickly than I would have thought.
This constant volatility is nothing but bad news though.