Bitcoin Forum

Good days ahead....

http://www.reddit.com/r/Bitcoin/comments/2oxrx7/microsoft_beat_google_to_accepting_bitcoin/

Maybe we will get lucky and Microsoft will not dump their coins liek the other merchants. Microsoft has a tendancy to use investments to strengthen their wealth within the company. Bill gates did it for years. I hope he passed that knowledge onto the CEO running things today.

I may have to agree ...this could be a very good thing for BTC

Wow!  This is huge news.  BTW here's the link from the thread:

https://commerce.microsoft.com/PaymentHub/Help/Right?helppagename=CSV_BitcoinHowTo.htm

WOW.

Was not expecting this so soon...

Am I dreaming? This cannot be true, in fact I will wait a couple of hours before believe it.

Guess its time to buy an xbox...

This is sweet ass news, here comes the spike!!!

Nice i can buy xbox music use bitcoin

Microsoft is the 3rd largest company in the world (behind only Apple and Exxon) with a market cap of $391B (or, ~78 bitcoin market-caps).

Quite the legitimizing vote of confidence, even if the actual integration is not a big deal in and of itself.

That is awesome news!

That's how I feel about it actually!  Still in shock at the news.  Seriously, I think this could and should spark the next big rally, as the big money comes rolling in, after such an endorsement! 

This is shocking news. Now people can start taking Bitcoin seriously. To the moon.

https://www.cryptocoinsnews.com/microsoft-now-accepts-bitcoin-bitpay/

Barry Manilow - "Looks Like we Made It"

WARNING: It could be a joke because nobody is seen the option (I cannot see it neither)

I can't believe that til I read out the whole thread

See it.  Believe it.  I suppose their page might have been hacked but...
https://commerce.microsoft.com/PaymentHub/Help/Right?helppagename=CSV_BitcoinHowTo.htm

https://www.cryptocoinsnews.com/microsoft-now-accepts-bitcoin-bitpay/

http://www.coindesk.com/microsoft-adds-bitcoin-payments-xbox-games-mobile-content/

I posted a link above - it's real. Gates believes Bitcoin is best suited for small amounts and micro payments. You can't buy Microsoft hardware with it yet but you can buy less expensive things like digital goods (music/movie downloads etc).

I just saw this on reddit a few minutes ago, this is one good year for bitcoin.
Now its only a matter of time till google joins the wagon.

https://i.imgur.com/m2pKfft.png

Fuck yeah! Thanks for sharing, love to hear this.  I think it's a good move for them to grab Apple customers interested in cryptocurrencies.  ;D

lol ...bill gates must be a big fan  :o

That's great news, finally it's happen.
Maybe we will see bitcoin price raise up  :D

And when i check, it's really.
It's hard to believe, but it's the truth.

I bet some people will bitcoin now to prepare the price raise  up

According to the wording on the Microsoft page, this is purely to convert coins to fiat in your account 'at this time' so it's another bitpay thing. Still quite nice to hear about it though. As for it affecting the price (other than sell pressure), guess that depends on whether they opt to put BTC in front of normal users as an obvious option.

this will p[ush BTC price even more low :P

Right, the importance of this is far less the actual near- (or even medium-) term demand it's likely to structurally create for bitcoin; it's about the world's 3rd largest company, with a presence on a billion devices globally, giving an even-implied endorsement of Bitcoin.

To most of us, it's obvious that Bitcoin is a better technology with world-changing potential. But most people are incapable of independently evaluating ideas and really need this sort of social-proof.

Acceptance by a huge, stodgy company with software installed on nearly every corporate desktop in the world, will be very legitimizing in many people's minds.

what took them so long

This is going to be HUGE, I can just see it :)

WOW that are great news! :)

Awesome!  I run my meetups in MS Innovation HQ too, so they show me their love there.

Stop with the paranoia. If they made a joke like that, the reaction from the community would be furious.
If you can't see it, it's due to some limitations.


This is excellent news. I think that nobody expected this to happen today, did they? :)

Okay Samsung, Amazon, Google, your move!

When I logged onto the forum, this was not what I was expecting to see.

Great news! I don't say this very often, but good job Microsoft!

Thanks!

Well, it's about time they realized the potential of the Bitcoin.

Amazing news, but it just occurred to me, more people loading $ in their accounts means more bitcoins being sold by Bitpay/Coinbase/whoever.

Yes, and that's a good thing. More people using bitcoins will result in a higher price. The more they get sold, the more they'll be bought. More demand = higher prices.

true that in speculation markets, high prices mean high demand, but now its time to use all those BTC for real!

However I for one will not use the (few) BTC that I own, I will just purchase more to spend.

Bill Gates wants to counteract ApplePay

Well, it actually means the price will be going down as those payment processors will be unloading more bitcoins on the market.

Payment in bitcoin is illegal in China. Chinese may not use bitcoin to pay for MS products.

True, but those bitcoins being sold had to be bought once.
This really is good news, many other companies follow in the big guys foot steps and with this being one of the biggest companies there going to leave some big foot prints for all the followers.
Welcome Microsoft to the world of BITCOINS!

MS products only for sale in the US to begin with. China can stick to mining the bitcoins while the US spends them. Sounds familiar,

Kudos Microsoft!

This is by far the largest and most relevant company to accept Bitcoin payments thus far. Let us all rejoice ;)

WOW amazing!!

let's go to da moon

Great news, but your not prying me away from Linux Mr. Gates. :D

This is an exciting news. Market prices have reacted.

It was really the right time that Microsoft finally accept BTC.
They are real leaders in IT industry, always first to accept new ideas and implement it, so now I'm sure that other IT companies will follow and accept BTC as well.

Thats History  :D

wow great news looks like difficulty going up soon

Actually they had an about-turn on their opinion of Linux. Microsoft love Linux now and make lots of money from selling Linux-based cloud services:
http://www.theregister.co.uk/2014/10/20/microsoft_cloud_event/

Great news, big name endorsement.  Microsoft forcing me to like them again.

One in the eye for the nay-sayers ;)

This is a huge endorsement by Microsoft, maybe Gates isn't such a pleb afterall.

OMG

Now I'm proud of being a Xbox owner.
God bless Bill Gates.

really nice, prepare for a great escalation

i smell i increase in price more soon then most people think, and not only for this news, but for the adoption in general

This is huge!
How long till we have Skype accepting it as well?

Is it available only in US ? Do you know when it will available in the rest of the world ?

"Support for adding money to a Microsoft account with Bitcoin is currently limited to the United States."

Forget it, I still hate them >:(

Great news, huge marketing. But they dump on the moment an account is being funded (through Bitpay), it get's credited in US$.

Fantastic news!

But I wish they would enable everyone to use Bitcoin as payment form, and not only US.

It's a step in the right direction now that even Microsoft is trying Bitcoin.

still. in. shock.

Honestly didn't expect them to roll anything out this soon, thought they'd be a couple of years off.

Google, wtf man, MS beat you?

Apple...

http://img1.wikia.nocookie.net/__cb20110623042517/simpsons/images/4/40/Picture0003.jpg

i really believe that they'll accept bitcoins not only in US, as many other companies as well started with US and then were available for the rest of the world. :)

I am not sure, how a Microsoft Account exactly works, but I guess, you just load money into your account and than buy stuff with that money.
I don't see, why loading your account with bitcoin should be exclusive for the USA.

I think apple will never integrate bitcoin as method of payment , they will use *apple Pay*. Microsoft instead has an open mentality , and it experiments everything.

So when is that big raise coming towards 3000-30000-1 mil road?

Now just hope this great news will reflect in price. To be honest I doubt it. When Paypal's news was released, we saw a small spike. A few hours after that the price dropped to below original levels...  :'(

The big question now is this: If I am a contractor for Microsoft can I select to be paid in bitcoin?

*that* is where things go from simple payment transfer thing to real "money".

I'm quite thrilled with this news, with mighty Microsoft leading the charge:

http://media.coindesk.com/2014/12/Screen-Shot-2014-12-10-at-11.39.53-PM.png

I thought for sure Google would've beat MS to the market in Bitcoin adoption, but hey we'll take it!

Apple, meanwhile, seems to be still stuck on the past:

http://www.bitcoinearnandlearn.com/wp-content/uploads/2014/12/is-apple-pay-good-or-bad-for-bitcoin.png

This is great
It is one of the best news we have ever seen

Just saw 'redeem bitcoin' option in the screenshot above. What does it do? Does it allow consumers to withdraw btc from microsoft account or is it just to convert btc to usd?

Wow, this is amazing! I never thought i'd see this. I think the reason Microsoft beat Google is because google has their "Google Wallet", and are too stuck up to move forward within this world of crypto.

I think I just came...

I believe it's just to convert from BTC to USD for purchase of Microsoft Products, XBox apps, and mobile content:

http://www.slashgear.com/microsoft-adds-bitcoin-option-for-xbox-and-mobile-content-11359059/

Now Google and Apple will feel a little pressure to move faster in some direction.

Well they just in last month announced the shitcanning of google wallet by sometime in spring. So there was some thought that they may be launching something to replace it between now and then.

Last company I expected to ever adopt it, but a good move nonetheless. +1 on hoping Google hurry up as well.

Not a bad start.........Let's see where this goes.

Does somebody have a timeline about when big companies started accepting Bitcoins?
I  would be interested in that.

MS is offering this service to USA only, as for now.
Also, you are not paying with bitcoins for MS product, you are only using bitcoin as a pyament method to fill your MS account with $ at current exchange rate.

Yes you will charge your microsoft account with bitcoin , and then convert it instantly in dollars but only if you live in USA and have an usa account.

Microsoft recently add one more way to accept USD from bitpay company, however many fake news about "it is accepting bitcoin" came out and some of us buy this troll,

The bitcoin price is going to crash even harder after this "delay" caused by fake news same as PayPal made their announcement, you know what happened about the price crash

Microsoft does not accept bitcoin
Microsoft does not hold any bitcoins you pay to bitpay company
Crash incoming!

WOW :o Damn , well that's nice :D looking forward to see Amazon & Google using it too <3

Oh, yes, MS does accept bitcoin - as a payment option to charge your account there.

The next "crash" is overdue. I am waiting for it for 2 weeks now. I want to buy some cheap Bitcoins.

But seriously, keeping or instantly selling Bitcoin is not as relevant, as you might think.
Bitcoin users have now another method to spend Bitcoin, that is good news. It is really as simple as that.

Also, bear in mind that the US payment option is the BEGGINING.

Almost every company that started to accept bitcoin did this way.

Give them a few more months and it will be international!  ;D

for me the question is: when will they stop to accept BTC only in USA and start to accept in other parts of the world as well?

Screw the moon, let's head for Pluto. 

It's only a small start. Still, a bit faster than what I expected by a few months.

Things are heating up fast.

WoW !!! I can not believe this. Does anyone know whether it is MS's own initiative or CoinBase/BitPay persuaded them ?

I know what you mean, but this is all I ever wanted from bitcoin. I use bitcoin as money so the ability to spend is the whole show. Most businesses are not going to hold bitcoins. They are not investment companies after all, they are looking for something to replace credit cards. That is important as it becomes impossible to protect users identity and money. It is a growing liability that they want to get away from. Best of all its cheaper than taking cards.

The benefits to sellers are not discussed as much as users here. When I explain it to business leaders they are often unaware of the advantages over credit.  There should be nothing unexpected about this news. Its logical.

How do you know this?  Bitpay say half their merchants hold some of the payment as bitcoins.   Are you on the inside?

Microsoft isn't accepting Bitcoin for Microsoft product or services. Their announcement says "You can’t use Bitcoin to purchase Microsoft products and services directly at this time." They're accepting it only for the low-value things you used to have to buy "Microsoft points" for - various in-app purchases, in-game items, and such. Stuff that doesn't cost Microsoft anything, basically.

But they will be impleting it soon, and they are also going to support bitcoin not only accept it.
This is some great news!

Not directly at this time, but you can use Bitcoin now to add money to your Microsoft account, and then use your account to buy apps, games and other digital content from the Windows, Windows Phone, Xbox Games, Xbox Music and Xbox Video stores.

One would think, but... Like, WTF! A year ago such news would've sent BTC through the roof, whereas today it barely moves the market.

More than 100 articles were published today in top news media about Microsoft accepting BTC. Check http://www.cryptoreading.com/?s=microsoft . This is huge, but BTC price does not care much:( Still longterm downtrend.

True, but it does show that bitcoin has utility enough to supplement 'MS points' for purchases within their framework.  It should be a matter of time before higher end integration is implemented after they get their feet wet as it were.

it gets even better

http://www.coindesk.com/bitpay-microsoft-aggressive-global-vision-bitcoin/

Trolls complain that there is no adoption.
'insert company name' accepts bitcoin: No, it doesn't accept it, it uses Bitpay.  ::) :D

No one is talking about what a major achievement this is for BitPay. I met and talked with Tony Gallippi at a conference in SF and I couldn't wish success on a nicer guy. BitPay deserves all the good things the world has to offer them. When the other "respected" members of the community were out making illegal IPOs to quickly line their pockets and destroy the reputation of Bitcoin, BitPay was busy working a long term goal of making Bitcoin a respected mainstream payment system. Hats off to BitPay for yet another incredible accomplishment. 

Amen. Tony is a good guy and an honest, savvy businessman. No wonder he's crushing it.

It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.

Acceptance-wise this is the biggest event in Bitcoins short history. But then again, every new event seems to be the most significant event for Bitcoin :)

very interesting how this gets announced and the price doesn't really do much...

We may finally be beyond the point where every news event manipulates the price.

Now the next step  >> Bill gates should buy 1 mld dollars of  bitcoin .

where?

This is a step towards adoption of Bitcoin im surprised more people are not talking about this news

What a beautiful picture sniff it brings a few tears to the eyes ^^
And google amazon and then once we have all the major retailers your local mom and pop stores  ;)

Tell me Microsoft is holding 10% of Bitcoins rather than an immediate conversation to fiat which adds selling pressure. Tell me that news and I'll scream it from the mountain tops.

Microsoft won't sell you an XBox, or any other Microsoft product, for Bitcoins. All they'll take Bitcoins for are the junk items you used to have to use "Microsoft Point" for. In-game items, cheap apps, that kind of thing. Stuff that doesn't cost Microsoft anything.

Absolutely. Microsoft was famously late to the internet, and that hurt them for years. But it seems, with digital currency they are determined not to make the same mistake again. Major companies care about their reputation, even above some profits. So Microsoft have done due diligence and Bitcoin has been found worthwhile for them to engage with. Lots of companies will take note and seriously consider how Bitcoin can help them. International sales to emerging markets is an obvious growth area as the existing credit card and payments systems are inefficent outside the OECD.

True enough, Microsoft seems like the biggest event so far, but I'm sure we will have something else that tops that to look forward to in 2015.
At least for now our hunger for new merchant adoption can be satisfied temporarily ^^

The will give you XBox-stuff for your Bitcoin. That is not bad. And yes it costs them something.

Well it's not like you can't get a Xbox using bitcoin anyways
You can just use newegg and wait for an electronics special
Or if your in a hurry just buy it now

It has been this way for a while now, at least when additional companies start to accept bitcoin.

When you look at the headline you will probably think that potential billion dollar sales with Microsoft will be done in bitcoin but after you look at the details you will see that only it's game divisions are accepting bitcoin (as of the announcement) which make up a very small percentage of Microsoft's sales, plus you can't even buy their physical gaming systems with bitcoin

I think the price has dropped, the average is currently sitting at $314 now.  :(

There is no reason to 'think' that the price has dropped. You can actually see the price right now.
The price drop is unrelated to this news.

usa only  ???

And after all this magnificent events, price of Bitcoin falls.

we need bad news peeps for a next bubble. If bitcoin foundation hack into chain and steal 5 millions btc i think that would be so bad news that BTC would reach the moon.


lol, it seems they thinks USA bitcoins are better.

All companies have to start somewhere.
Maybe the USA is a test market.
If it doesn't generate interest here, it is unlikely to generate interest elsewhere.