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Old 03-05-2021, 11:59 AM  
fuzebox
making it rain
 
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Join Date: Oct 2003
Location: seattle
Posts: 22,223
Quote:
Originally Posted by jscott View Post
Dude, it's dropped 15% in a day

But how short-sighted do you have to be?

Have you ever looked at any 5 year graph of Bitcoin? Zoom out and wake up dude!
This topic is not about bitcoin as an investment or asset class.

This topic is about high volume, low margin affiliate programs who have a lot of throughput and payable accounts.

If a US-based program pays out 7 figures a week to affiliates, it is impractical for them to keep acquiring BTC on an exchange at that kind of volume, and will invite a tax audit.
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