Comment That'll be, uh, can you just pay in USD? (Score 1) 94
Between the new IRS rules and the supposed drama in China, Bitcoin has been on something of a downtrend the last few days. I've personally tried to accept Bitcoin as payment for some electronics I sold online, but by the time the buyer paid, I actually lost about $5. I would've actually come out ahead by accepting PayPal, fees and all.
I've come to the conclusion that cryptocoins are more-or-less a stock market fantasy game being played with real money. This isn't to say the concept of cryptocurrency can't work, but I don't think stability can be achieved if you're relying on a decentralized approach where people are only willing to run the a coin's P2P network when there's something in it for them.