[2015-01-10] Businesses like Microsoft Dell, and Expedia say they accept bitcoin

[zakoliverz]

http://time.com/money/3658361/dell-microsoft-expedia-bitcoin/

Bitcoin had a rough 2014, but there was one silver lining: Over the past year, a steady trickle of large companies have begun taking bitcoin as payment. Ever since Overstock.com announced it would start accepting bitcoin roughly one year ago, a number of major brands, including Microsoft, Dell, and MONEY’s own publisher, Time Inc., have done the same.
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This has been a ray of light in an otherwise dismal period for bitcoin supporters, and few have missed the chance to trumpet such adoption as an indicator of bitcoin’s success. One WIRED article even used the currency’s recent adoption by a section of the Fortune 500 as the core piece of evidence for bitcoin’s importance.

[Bit_Happy]

Are we seeing a positive media cycle for Bitcoin!
If so, then get ready for a Huge Rally.

[kjlimo]

Are we seeing a positive media cycle for Bitcoin!
If so, then get ready for a Huge Rally.

Think it will be quick rally, or slow & steady?

[ujka]

Are we seeing a positive media cycle for Bitcoin!
If so, then get ready for a Huge Rally.

No, that article isn't positive. The title is "No, Big Companies Aren’t Really Accepting Bitcoin", and the author argues that BitPay converts btc to fiat, and "Big Companies" are then accepting that, instead of btc.

The author can 'twist' it any way he wants, but the bitcoin payment option is there.

[XCoinCall]

Are we seeing a positive media cycle for Bitcoin!
If so, then get ready for a Huge Rally.

No, that article isn't positive. The title is "No, Big Companies Aren’t Really Accepting Bitcoin", and the author argues that BitPay converts btc to fiat, and "Big Companies" are then accepting that, instead of btc.

The author can 'twist' it any way he wants, but the bitcoin payment option is there.

Exactly. As long as the bitcoin payment option is there, it means they recognize the demand. A fairer spin would be just to point out that because of its drop, it would be a risk to keep it (not to mention that, as Patrick Byrne pointed out, they couldn't pay suppliers in Bitcoin), instead of writing an entire article stretching that one statement.

[pitham1]

Exactly. As long as the bitcoin payment option is there, it means they recognize the demand. A fairer spin would be just to point out that because of its drop, it would be a risk to keep it (not to mention that, as Patrick Byrne pointed out, they couldn't pay suppliers in Bitcoin), instead of writing an entire article stretching that one statement.

That is a very interesting way to put it - they couldn't pay suppliers in Bitcoin.