Zynga.com starts accepting Bitcoin !

[tclo]

http://www.coindesk.com/games-giant-zynga-playing-bitcoin/

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[stuartcharles]

that is great news, the start of micro payments. Hope your ready with the fork Gavin 

[GigaCoin]

nice

[runam0k]

Depends on how "micro" these micro payments are.

Silly question, perhaps, but how would micro payments work if the default tx fee is bigger than the micro payment?

[BTCisthefuture]

Depends on how "micro" these micro payments are.

Silly question, perhaps, but how would micro payments work if the default tx fee is bigger than the micro payment?

They wouldn't if the fees were higher than the transaction.

Microtransactions is a broad term , it can mean anything from pennies to things as high as about $9.99.  For games like the ones zynga is offering bitcoin on a lot of the items you can buy are like 99cents  1.99  2.99 etc etc

[BTCisthefuture]

This is great news.  There was a thread just a few weeks ago talking about how 2014 might be the year that gaming companies start accepting bitcoin as a payment option for in game items.  Only a few days into the new year and it's already happening .  I would expect more companies to follow.

[jonanon]

Fantastic news, now we need more companies to follow suit.

 

[bryant.coleman]

We need more publicly listed companies to start accepting Bitcoin. Zynga is a good start.

[tclo]

We need more publicly listed companies to start accepting Bitcoin. Zynga is a good start.

Yes Overstock and Zynga so far and got to think it will start to snowball at some point. 

[pening]

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

[Frost000]

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

I fully agree with you that business should go "full BTC" by actually having a wallet. But let's not forget that any business that begins to accept BTC, no matter how they process it on their end, is good for BTC in general.

Besides, from a business perspective, if you don't want to play with BTC's market swings, converting to $ as a transaction comes through makes sense.

[BTCisthefuture]

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

People can pay with bitcoin, that's still "accepting" bitcoin as a payment.  For many/most companies it makes sense to use a payment processor because they help reduce the negatives/risks of volatility with bitcoin and they provide instant transactions on most transactions and will eat the loss if a double spend happens , this alone is two big reasons why it makes great sense to use a payment processor.

[LiteCoinGuy]

nice news and cool video. very smooth transaction.

some infos about the company:

Revenue                     IncreaseUS$1.14 billion (2011)[2]
Operating income    DecreaseUS$-406 million (2011)[2]
Net income            DecreaseUS$-404 million (2011)[2]
Total assets           IncreaseUS$2.517 billion (2011)[2]
Total equity           IncreaseUS$1.75 billion (2011)[2]
Employees            2,846 (Dec 2011)[2]
Website                  company.zynga.com
 

 
Alexa rank    Decrease 2,123 (November 2013)[3]

Users             240 million monthly active users, 15.1 million daily active

[bryant.coleman]

Users             240 million monthly active users, 15.1 million daily active

240 million active users? Is this for real? If so, we can't even dream of any better publicity than this one. Thanks Zynga!

[glub0x]

Users             240 million monthly active users, 15.1 million daily active

240 million active users? Is this for real? If so, we can't even dream of any better publicity than this one. Thanks Zynga!

if true this is the wordpress of 2014.

[BitCoinNutJob]

cool

[Gabi]

This is a big news

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

So since i'm european zynga should accept my euro and not convert them in dollars? They should also accept pound sterling without converting them? Accepting the other hundreds currencies without converting them? And what would they be supposed to do with bitcoin? Pay taxes? Pay salaries?

[tclo]

Users             240 million monthly active users, 15.1 million daily active

240 million active users? Is this for real? If so, we can't even dream of any better publicity than this one. Thanks Zynga!

And Gox broke out and went up $40 this morning...probably related to some extent.   This is only the beginning too, as we all know.

[Welsh]

More good news I see. More and more bigger companies are noticing and investing/accepting Bitcoin. Great news.

[pening]

This is a big news

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

So since i'm european zynga should accept my euro and not convert them in dollars? They should also accept pound sterling without converting them? Accepting the other hundreds currencies without converting them?

That's not what I said at all.  I'm saying that when you pay your € to a vendor through a payment provider, we don't say that they are accepting € but that they are accepting payments through payment provider.  The third party payment provider is accepting the currency.

And what would they be supposed to do with bitcoin? Pay taxes? Pay salaries?

Well yes, thats what alot are advocating.  This is rather the point, until companies do take payments and make payments to suppliers and staff in BTC, its not widely being recognised fully as a currency.