In reply to Doug Landholt.

Yeah, I think coinbase makes their money on the USD/BTC conversion. Dell quotes the price in USD and Coinbase presents a BTC price to the consumer. Some will compare with prices on exchanges and wonder why they're being gouged....maybe that's why the price is dropping; holders are discovering whenever they try to unload BTC they loose. It's no different than if every time I buy from a US site (even if I live in the US) I pay in say Canadian dollars - I loose on the fx.