Quote:
Originally Posted by jscott
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!
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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.