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Re:Litecoin and Ethereum buys and sells are temporarily disa... by cm2187 on Wednesday December 13, 2017 @02:39AM (#15912695)
What I don’t get is that you can’t buy a car with bitcoin. So surely this should also create a selling pressure, unless they just buy bitcoins with the intent to transfer money at a later stage.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by TaylorGood on Wednesday December 13, 2017 @10:35AM (#15914846)
Re:Litecoin and Ethereum buys and sells are temporarily disa... by vecinu on Friday December 15, 2017 @01:36PM (#15933953)
Yet you do realize that Bitpay just converts BTC to USD, correct?

It's the equivalent of you selling your BTC holdings at market rate and buying the car with USD.