dreamspark
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May 13, 2014, 12:39:03 PM

Is this Indexventures news the big announcement bitpay trailed at the weekend?

http://indexventures.com/news-room/blog/payment-without-borders-why-we%E2%80%99re-backing-bitpay


a $30mm investment round by the looks of it?

Sell the news !
While all news and publicity is good, this particular piece isnt too bullish as its just more money invested in a service thats in the business of converting BTC to Fiat.

on no, more transactions = bad

Since when did more transactions (which are BTC==> FIAT) necessarily = good ?

You cant argue that payment processors and people accepting BTC to instantly convert to fiat has a net upwards effect on price.