Retailers Still Accept Bitcoin

By Aldrich

George Rotariu uses the first bitcoin ATM in downtown Bucharest June 27, 2014.

Bogdan Cristel/Reuters

The price of bitcoin has been declining, dropping as low as $173 last Wednesday, according to stats from CoinDesk

.

At the time of publication, the volatile cryptocurrency was back up to about $230.

With the price of bitcoin sinking, are the limited number of companies that were accepting bitcoin as a form of payment going to stop taking bitcoin? Three major companies that spoke to Business Insider say they plan to continue accepting bitcoin as a form of payment.

When you have any inquiries relating to exactly where and also the best way to utilize online cloud mining, it is possible to e-mail us on our web-page. A spokesperson from Expedia, which began accepting the cryptocurrency as a form of payment over the summer

, told Business Insider it will continue to accept bitcoin as a form of payment for hotels purchased on Expedia.com.

“All bitcoin transactions are handled through the company’s partnership with Coinbase, a third-party bitcoin payment processor who handles the processing and transfer of actual bitcoin funds directly with Expedia’s customers,” the Expedia spokesperson said.

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