BitPay Crashes Bitcoin Price? Why The Price is Falling

2014 will be the year flooded with the tears of speculators. Falling prices this past year have lead to many theories regarding price. One of the most recent is a rehash of the very old – Any service like BitPay crashes the bitcoin price. Founded in 2011, BitPay is the leading payment service provider (PSP) specializing in the peer-to-peer virtual currency Bitcoin. Over the past four years, they have provided merchants the means of accepting bitcoins without the risk of price volatility.

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