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?
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.