tag:blogger.com,1999:blog-6704573462403312459.post2503649576139378787..comments2024-03-18T11:14:41.367-04:00Comments on Moneyness: How bitcoin illustrates the idea of a liquidity premiumJP Koninghttp://www.blogger.com/profile/02559687323828006535noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6704573462403312459.post-13202220688075494282013-02-19T11:19:26.978-05:002013-02-19T11:19:26.978-05:00bitcoins are an awesome way to make investment !bitcoins are an awesome way to make investment !bitcoinshttp://ibitcoins.comnoreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-68175909796532403402012-11-29T09:22:36.325-05:002012-11-29T09:22:36.325-05:00Interesting details, thanks for that.
I'm ac...Interesting details, thanks for that. <br /><br />I'm actually surprised that you keep your balances in BTC, I thought any business accepting BTC tried to get it into USD as quick as possible.JP Koninghttps://www.blogger.com/profile/02559687323828006535noreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-48530388630100520712012-11-28T22:09:51.443-05:002012-11-28T22:09:51.443-05:00Steve is right on. The more merchants the more liq...Steve is right on. The more merchants the more liquid and the better for everyone using Bitcoin. Given the counter-party risk in the banking system and ZIRP environment it makes an incredible amount of sense to begin using Bitcoin.<br /><br />We started accepting bitcoins as payment for rental of several airplanes or private charters. By doing so we have eliminated counter-party risk (no potential bank failures for us!), reduced payment processing fees from credit cards by about $150 per $5,000 of revenue which makes our pricing much more competitive and benefited from a 'stronger/harder currency'. For example, Bitcoin revenues are accounted on a monthly basis and there have been about $7,325.43 of rental payments but the current value of the bitcoins is $9,148.92 due to the rising price over the past several months. Merchants should really consider accepting bitcoins because they can make and keep more money.<br /><br />Sure beats having the $$$ sit in a bank account not earning any interest having gotten there from a credit card where the tax audit trail is a lot easier to follow. Hey, revenues are down because its a recession, didn't you know?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-10041356931118263352012-11-19T20:56:45.534-05:002012-11-19T20:56:45.534-05:00A challenger to MTGox would be a better example of...A challenger to MTGox would be a better example of liquidity premium. WP marks the beginning of mainstream acceptance-- i.e. speculation. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-33863482673854992312012-11-19T01:36:21.395-05:002012-11-19T01:36:21.395-05:00I love it! The more the merrier.I love it! The more the merrier.Anonymoushttps://www.blogger.com/profile/06184276390933744776noreply@blogger.com