> and that's not even counting costs of converting back to $ etc.
Even worse, it's not counting the loss of the value of bitcoins. Lots of people dumped bitcoins on overstock when it was worth much more than $200. They need to convert those bitcoins into cash to pay taxes, rent, etc.
Overstock lucked out by not doing more business in bitcoins because they would have lost even more due to the drop in bitcoin price...
Even worse, it's not counting the loss of the value of bitcoins. Lots of people dumped bitcoins on overstock when it was worth much more than $200. They need to convert those bitcoins into cash to pay taxes, rent, etc.
Overstock lucked out by not doing more business in bitcoins because they would have lost even more due to the drop in bitcoin price...