Bitcoin Forum

Local => India => Topic started by: americandesi on January 09, 2014, 08:48:57 PM



Title: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: americandesi on January 09, 2014, 08:48:57 PM
This is a huge and a fantabulous news. Atleast this should take the rates across 1000 mark.

Next would be their competitors like Home Depot, Lowe's and finally Walmart (probably).!

http://techcrunch.com/2014/01/09/overstock-com-partners-with-coinbase-and-starts-accepting-bitcoins-as-payment/


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: coldbreeze16 on January 09, 2014, 10:33:01 PM
Great news!


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Caiapfas on January 09, 2014, 10:34:53 PM
imo btc will never be accepted mainstream until there is some protections, like cash affords us.

like a way to get people from defrauding you or stealing your wallet.

ya ya ya ...escrow...but I don't have to do escrow with my cash. You steal my money or don't deliver I have recourse with cash.

thoughts...?


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Benson Samuel on January 10, 2014, 04:49:00 AM
imo btc will never be accepted mainstream until there is some protections, like cash affords us.

like a way to get people from defrauding you or stealing your wallet.

ya ya ya ...escrow...but I don't have to do escrow with my cash. You steal my money or don't deliver I have recourse with cash.

thoughts...?

You also do not send loads of cash from one place to another by pressing few buttons.


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Caiapfas on January 10, 2014, 04:50:27 AM
but you could and be protected because cash has protections.


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Benson Samuel on January 10, 2014, 04:50:57 AM
but you could and be protected because cash has protections.

Like?


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Benson Samuel on January 10, 2014, 04:53:20 AM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Caiapfas on January 10, 2014, 11:47:29 PM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


online transfer, add their account/routing number and type in amount and click transfer.
you can use a credit card.
you can do a ebay purchase
you can use paypal.


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: G K G on January 11, 2014, 01:07:31 AM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


online transfer, add their account/routing number and type in amount and click transfer.
you can use a credit card.
you can do a ebay purchase
you can use paypal.

hmmmm! but those have limits and usually takes some time

Bitcoin doesn't  ;)


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Caiapfas on January 11, 2014, 01:16:53 AM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


online transfer, add their account/routing number and type in amount and click transfer.
you can use a credit card.
you can do a ebay purchase
you can use paypal.

hmmmm! but those have limits and usually takes some time

Bitcoin doesn't  ;)

no time and no protection.
I love and mine btc/ltc, but my point is it will never go mainstream IMO without those protections


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: subvolatil on January 11, 2014, 02:12:31 AM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


online transfer, add their account/routing number and type in amount and click transfer.
you can use a credit card.
you can do a ebay purchase
you can use paypal.

hmmmm! but those have limits and usually takes some time

Bitcoin doesn't  ;)

no time and no protection.
I love and mine btc/ltc, but my point is it will never go mainstream IMO without those protections

How can cash provide you protection, in its true form cash does not  protect you. The banking  systems like credit cards and VC are centralized so it provides consumer  protection and some protection from theft. Cash can be stolen, it can be over inflated and it can be manipulated with ease, who will protect you against that?


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: Benson Samuel on January 11, 2014, 04:15:50 AM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


online transfer, add their account/routing number and type in amount and click transfer.
you can use a credit card.
you can do a ebay purchase
you can use paypal.

Quote
ya ya ya ...escrow...but I don't have to do escrow with my cash. You steal my money or don't deliver I have recourse with cash.

thoughts...?

You do understand that a bank charges escrow with huge charges right?


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: coldbreeze16 on January 11, 2014, 02:03:56 PM
but you could and be protected because cash has protections.

BTW, How can you send a bunch of cash from one place to another by pressing few buttons?


online transfer, add their account/routing number and type in amount and click transfer.
you can use a credit card.
you can do a ebay purchase
you can use paypal.

How is any of those equivalent to cash? Cold hard cash?


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: BTCIndia on January 16, 2014, 02:10:24 PM
And sold $130000 stuff in oepning day.  :o
I must launch e-commerce soon.


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: americandesi on January 16, 2014, 05:35:38 PM
And sold $130000 stuff in oepning day.  :o
I must launch e-commerce soon.

Dude majority of the shoppers there are women.. So you know.. i guess only half of that would have actually been used to buy stuff that is really required. ;)


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: globalgaurav on January 20, 2014, 04:54:45 AM
And sold $130000 stuff in oepning day.  :o
I must launch e-commerce soon.

Dude majority of the shoppers there are women.. So you know.. i guess only half of that would have actually been used to buy stuff that is really required. ;)

A wise one said "“only 2 things can change a woman’s mood, I love you & 50% discount”.

BTCIndia, so focus on e-commerce for women, first  :P


Title: Re: Overstock.com Partners With Coinbase And Starts Accepting Bitcoins As Payment
Post by: biliteen on January 23, 2014, 11:59:50 AM
will more and more