Bitcoin Question

So I don't actually use the darknet (I do follow it because I support and watch the causes of anything that effectively skirts governmental regulation) but I do occasionally dabble in bitcoin and what I'm seeing now is the market is pretty low. So, my question to you guys is, what happens if bitcoin falls? Like, down to penny stock level? Also to the vendors, how are you guys coping?


Comments


[3 Points] drewster23:

Prices are pegged to dollar values. So 100 dollars of x. Is the same. Could be 1 btc could be a thousand. But it does cause problems for having btc on hand while it plummets. Some vendors hedge their btc to minimize losses.