Thread: RIP Bitcoin
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Old 04-12-2013, 10:43 AM  
Nathan
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Join Date: Jul 2003
Posts: 3,108
Quote:
Originally Posted by Dirty F View Post
Huh?

I sell stuff and i simply price it x amount in dollars and people pay that in Bitcoin.
It really isn't that hard.
Tons of people are doing it.
So I sell a 1 year membership today for 1 BTC because the price happens to be 99 USD.

Tomorrow, the MtGox crashes to 75 USD.

Now I just lost 24 USD. I should not care about that? Or you expect to immediately sell every BTC to USD in MtGox automated the second someone spends any BTC?

The fluctuation is too fast, it makes no sense. My hosting cost is not in BTC, its in USD. If I bill USD, there is no fluctuation at all, I know how much I get and how much of it is spent on hosting. With BTC this does not work, the F/X impact on our P&L would be INSANE from month to month.
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