Quote:
Originally Posted by Chris
not much risk a person takes on by accepting it - you can use a company like bitpay.com that you hold NO bitcoin only USD. The user sends the money to bitpay and instantly bitpay pays you in USD the amount you charged. No risk on your end of bitcoin price dropping
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I notice that TrafficHolder says on withdraw,
"We will convert requested funds to BitCoin based on MtGox BitCoin Price during the payment moment."
mtgox's USD-BTC price is inflated because of the difficulty (impossibility?) of withdrawing funds in USD from there. So a conversion based on mtgox would probably be losing something like 5-10% of value.