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A comment on Are Bitcoins The Future?. Parent comment

Re:Are Bitcoins The Future? by makomk on Friday April 05, 2013 @05:30AM (#5497435)
How much of that volume is ASIC purchases, which are essentially a form of speculation on the future price of Bitcoin themselves?
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Re:Are Bitcoins The Future? by eru on Monday April 08, 2013 @04:14AM (#5510510)
What are the ASIC producers doing with all their bitcoins?
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Re:Are Bitcoins The Future? by makomk on Monday April 08, 2013 @09:33PM (#5515936)
In many cases, they're not receiving bitcoins in the first place. BitPay allows merchants to receive the USD equivalent of their incoming payments minus a small fee, and at least one major ASIC manufacturer does it this way.
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