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Author Topic: Microsoft stops accepting Bitcoin in Windows Store  (Read 2612 times)
clickerz
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March 14, 2016, 01:41:31 PM
 #21

If I am not wrong, they were working with Bitpay on the payment. Most likely they have paid a lot of money but the return is too little- causing MS to stop accepting Bitcoin.

To me this is a sad news- many other businesses also stop accepting Bitcoin because of this. Hope this will soon reverse...

This is possible since microsoft is a business, if its not profitable they will stop processing or accepting bitcoin. Maybe they first open as a test market if will welcome the move.Also, bitcoin market is not that popular or profitable yet?

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March 14, 2016, 01:49:48 PM
 #22

They were using Bitpay, so maybe this time when they re-start to accept it, they will do it on their own since by now they must have learned a thing or two about how to keep wallets etc.

But lets not make a big deal out of this, maybe not too many people were buying microsoft products and the ones who did they didn't use bitcoins.

 

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March 14, 2016, 02:10:19 PM
 #23

Very possible and reasonable to happen, Although I of course don't like it, Bitcoin is a revolutionary currency system and a company like microsoft would have plenty of problems with the other payment systems plus customers not understanding bitcoin is a common currency and not criminals currency.
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March 14, 2016, 02:11:46 PM
 #24

I do hope this is just a case of being a switch over from BitPay to managing their own server since they are more than capable, although it likely is just a removal due to lack of use.
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March 14, 2016, 02:14:00 PM
 #25

I sense that this is not good news for bitcoin. However it seems to be quite good news for ethereum since they continue to accept it
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March 14, 2016, 02:26:20 PM
 #26

They don't accept ethereum. It's part of the azure network so it's used for programming. And getting on there is nothing special. There's shitcoins I never heard of on there.
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March 14, 2016, 02:35:04 PM
 #27

They just wanted to get some more buyers with this trick, they never believed in Bitcoin.
Microsoft has a long history of not adopting the most obvious new and promising technology, so I'm not worried.

every company has its own strategy to make people use their products. if the demands of the product is down, the company will no longer sell the product. that's all

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March 14, 2016, 02:40:00 PM
 #28

It isn't their fault, IMO. Because they just changed its focus from Bitcoin to Blockchain technology. I hope they will change their mind, but some sources said that Microsoft store will not accept Bitcoin anymore.

I too hope they will change their mind one day. But the bitcoin community has to do their parts to allow the continuous growth of bitcoin (not their own fortune). By doing this, not only MS will come back but many other companies will start trading in bitcoins. I really hope this day will come soon.
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March 14, 2016, 02:43:05 PM
 #29

Remember the euphoria when MS started accepting BTC?



Owell. We never liked MS anyhow.
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March 14, 2016, 03:12:28 PM
 #30

They aren't making sufficient sales with it? probably there fault for making stupid terms or offering low quality items.
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March 14, 2016, 03:33:29 PM
 #31

The reason for that is possibly low sales... Bitcoiners will not waste coins on useless items and goods, knowing that the Halving is coming up and that they might see some good profits. The fact is,

when the price is low, people do not spend coins... when the price is high, people buy like crazy. If you stop accepting Bitcoins when the price is low and people stop spending, you are going to miss

out on some huge sales, when the price is high and the people goes into a shopping spree.  Cheesy

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March 14, 2016, 03:39:04 PM
 #32

Microsoft grew too big that there are always politics involved. Some staff has vision, some don't. It could simply be that majority of MS shareholders never have patience for anything to mature. Always short sighted for immediate returns.

Name any of their recent product that were decent. I cannot think of any. Even for things they wanted to innovate, they often fall short:
- Bill Gates first commercialized tablet, the Compaq one used by Tom Cruise in Collateral Damage, anyone still using it?
- Windows Mobile, anyone still using it?
- Windows Phone, they made v7 hardware incompatible with later versions. Why would anyone still buying those?
- Acquisition of Nokia, where is it now?
- Silverlight, they promoted heavily for Olympic Games, it's dead now.
- XBox One launch, "Fortunately we have a product for people who aren't able to get some form of connectivity, it's called Xbox 360."

Microsoft hardly able to make any bold move for a long time. This one is no exception.
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March 14, 2016, 03:43:37 PM
 #33

They aren't making sufficient sales with it? probably there fault for making stupid terms or offering low quality items.

Ya, pretty much no one uses Microsoft products. I think they sold, like, $7.23 worth of stuff last year, totes.
In BTC, that is, $93.6 billion US in real money.
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March 14, 2016, 03:46:16 PM
 #34

oh bad news,i still can't install windows 10 on my laptop,and not yet shop in their store,but now they stop to accept bitcoins,i wish some companies not follow to stop accept bitcoin,it will give bad effect.
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March 14, 2016, 03:49:27 PM
 #35


Hopefuly they will regret this step in the future. I mean they just made a step back in the past and they will regret it. ))

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March 14, 2016, 04:05:02 PM
 #36

BitPay was giving large businesses something like the first million transactions for free. Maybe they just used up their free grace period so they dropped it. That's what I would do. The minute I had to give up a percentage of my profit I would cancel the service.

The accounting might have been a nightmare too. Difficult to incorporate accounting and a 2% fee? Bye bye.

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March 14, 2016, 04:54:43 PM
 #37

Guys, chillax, you can still buy MS products with bitcoin, right here, on this forum Smiley



If Microsoft won't love us, we'll teach it to fear us instead!

O wait, I guess it ain't much of a statement; we've been selling stolen MS shit all along...
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March 14, 2016, 05:01:49 PM
 #38

I do hope this is just a case of being a switch over from BitPay to managing their own server since they are more than capable, although it likely is just a removal due to lack of use.

I think this is most likely the reason, the connection with BitPay.  I don't think this is terrible news and Microsoft can change their stance in the future. Nothing to see here.

I love Bitcoin
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March 14, 2016, 06:34:27 PM
 #39

What's the worry guys if you want to buy from the Windows Store you can always use your cash instead. Just relax  Grin
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March 14, 2016, 08:19:08 PM
 #40

Some quick update guys.
Microsoft will continue accepting Bitcoin it seems!


http://news.softpedia.com/news/windows-10-store-will-continue-to-support-bitcoin-official-statement-501722.shtml

http://venturebeat.com/2016/03/14/microsoft-still-accepts-bitcoin-apologizes-for-innaccurate-information-on-its-site/

Quote
“We continue to support Bitcoin for adding money to your Microsoft Account which can be used for purchasing content in the Windows and Xbox stores,” a Microsoft spokesperson told VentureBeat. “We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected.”
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