The exchange rate is denominated in USD. It's the BTC/USD rate... What's in the denominator
It's denominated in USD already, so increases in USD should be priced in. Also, Silk Road has become a small part of bitcoin transactions.
The exchange rate is denominated in USD. It's the BTC/USD rate... What's in the denominator
It's denominated in USD already, so increases in USD should be priced in. Also, Silk Road has become a small part of bitcoin transactions.