Bitcoin Forum

Economy => Speculation => Topic started by: smoothie on May 29, 2014, 08:27:50 PM



Title: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: smoothie on May 29, 2014, 08:27:50 PM


To da moon!

http://www.theverge.com/2014/5/29/5761316/dish-network-invites-its-14-million-customers-to-pay-in-bitcoin


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: RodeoX on May 29, 2014, 08:32:02 PM
No S#!T smoothie? That's a big player. I have become very dissatisfied with netflix as of late. Maybe I'll give dish a second look.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: metstijl on May 29, 2014, 08:38:36 PM
which month is 3th quarter ?


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: gentlemand on May 29, 2014, 08:44:22 PM
They're talking July for implementation I think.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: smoothie on May 29, 2014, 08:48:09 PM
which month is 3th quarter ?


June, July, or August.

Expect a bubble in price somewhere in there.

My guess is end of July will be the "peak".  :D


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: Gimmelfarb on May 29, 2014, 09:14:25 PM
pretty sweet. i wish i could pay for my cable/internet with bitcoin. unfortunately, i don't think it's worth switching to satellite to take advantage. but good news, for sure. 8)


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: Dimrain13 on May 29, 2014, 10:33:06 PM
third quarter starts after June is over. so yeah July. I will be holding till 5k we will see how it goes from there....


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: HarHarHar9965 on May 29, 2014, 10:57:02 PM
pretty bullish. let's make another thread about it.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: Benjig on May 29, 2014, 11:22:37 PM
I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: DannyElfman on May 29, 2014, 11:23:43 PM
I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: Bitcopia on May 30, 2014, 03:18:34 AM
I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

Yeah, most public companies are not going to hold bitcoins at this point in time. I'm shocked that Overstock holds 10% of the coins from its bitcoin sales, but Patrick Byrne truly understands it, and apparently he's convinced his board of directors as well!


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: TERA on May 30, 2014, 03:48:33 AM
It's clearly time to sell everything.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: Hyena on May 30, 2014, 06:33:37 AM
I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

Yeah, most public companies are not going to hold bitcoins at this point in time. I'm shocked that Overstock holds 10% of the coins from its bitcoin sales, but Patrick Byrne truly understands it, and apparently he's convinced his board of directors as well!

When bitcoin surges again and overstock gets the enormous gains for holding 10% in bitcoin, I'm sure the word starts to spread.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: CEG5952 on May 30, 2014, 06:35:05 AM
I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

Yeah, most public companies are not going to hold bitcoins at this point in time. I'm shocked that Overstock holds 10% of the coins from its bitcoin sales, but Patrick Byrne truly understands it, and apparently he's convinced his board of directors as well!

When bitcoin surges again and overstock gets the enormous gains for holding 10% in bitcoin, I'm sure the word starts to spread.

Maybe, maybe not. You'd think that after the 2011 and 2013 bubbles, and the fact that BTC is still near $600 apiece, this would already be the case. But, here we are. ;D


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: HarmonLi on May 30, 2014, 07:48:54 AM
Bull run incoming
http://news.bbc.co.uk/media/images/39254000/jpg/_39254156_xbeardap.jpg


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: DolanDuck on May 30, 2014, 07:55:59 AM
With Overstock and Dish network adoptions, bitcoin will grew more and more in popularity.
I think 2015 will be remembered as the year of the cryptocurrencies, all in all we are still early
adopters, just hold and let's see how far btc and alts will go.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: hollowframe on May 30, 2014, 07:58:25 AM
With Overstock and Dish network adoptions, bitcoin will grew more and more in popularity.
I think 2015 will be remembered as the year of the cryptocurrencies, all in all we are still early
adopters, just hold and let's see how far btc and alts will go.

okay, so what about 2014? you're living in the future, man!


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: Hyena on May 30, 2014, 08:24:31 AM
Maybe, maybe not. You'd think that after the 2011 and 2013 bubbles, and the fact that BTC is still near $600 apiece, this would already be the case. But, here we are. ;D

I think we're dangerously close to the time when everyone starts thinking "What if Bitcoin will continue its pattern of conquering new highs periodically?" as there are now 3 solid examples. Then, people will buy in even at high prices thinking that it will probably go even higher. I'm somewhat scared by this scenario, because it sure would disrupt the stability of the whole world. If fat, rich and lazy suddenly get poor, they get angry. In any case, there will be losers and the wrath of those losers may damage my well being.


Title: Re: Dish network will accept Bitcoin in 3rd quarter of this year
Post by: redwhite037 on May 30, 2014, 06:26:12 PM
In glancing through the "press" section, there are a lot of very positive press releases currently. Hopefully this will fly in the face of all the FUDers who sold their bitcoin at the 400-level.