gateway (OP)
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January 09, 2014, 07:23:11 PM Last edit: January 09, 2014, 08:33:56 PM by gateway |
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check it out, did a screen shot of of the checkout page bitcoin page.. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FBdj5ZzDCMAA4bdj.jpg%3Alarge&t=665&c=k4ZgGfVfpEcCJg) One company down more to come I hope ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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hilariousandco
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January 09, 2014, 07:24:21 PM |
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They're not?
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subcoin
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January 09, 2014, 07:24:47 PM |
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not -> now (in the subject)
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hilariousandco
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January 09, 2014, 07:25:41 PM |
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not -> now (in the subject)
Was gonna say. Thought they weren’t accepting them till later on though.
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camolist
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January 09, 2014, 07:27:47 PM |
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that's coinbase not bitpay and they ARE not...not accepting bitcoin now
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mb300sd
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January 09, 2014, 07:29:48 PM |
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NOW accepting bitcoins as payment!
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1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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allthingsluxury
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January 09, 2014, 07:34:27 PM |
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They are now ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Melbustus
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January 09, 2014, 07:36:13 PM |
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In case anyone missed it, here's the CEO's post from two days ago about why they will accept bitcoin: http://www.cnbc.com/id/101315433Edit: also, Patrick is active on twitter if anyone wants to give him a shout-out: @OverstockCEO
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stayeduptolate
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January 09, 2014, 07:47:39 PM |
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huge news for bitcoin ! If other retailers see how well overstock is doing with bitcoin they will start to accept!
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guybrushthreepwood
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January 09, 2014, 07:53:35 PM |
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huge news for bitcoin ! If other retailers see how well overstock is doing with bitcoin they will start to accept!
How well is it doing? they've only just started accepting it lol. Hopefully it is a massive success though and others will follow suit. Props to them for taking the chance.
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stayeduptolate
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January 09, 2014, 07:54:53 PM |
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huge news for bitcoin ! If other retailers see how well overstock is doing with bitcoin they will start to accept!
How well is it doing? they've only just started accepting it lol. Hopefully it is a massive success though and others will follow suit. Props to them for taking the chance. agree I see A lot of people tweeted at them saying they bought stuff in bitcoin!!!
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stayeduptolate
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January 09, 2014, 08:01:27 PM |
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check it out, did a screen shot of of the checkout page and bitpay page.. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FBdj5ZzDCMAA4bdj.jpg%3Alarge&t=665&c=k4ZgGfVfpEcCJg) One company down more to come I hope ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) please fix the title to now !
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EvilPanda
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January 09, 2014, 08:03:09 PM |
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You picked the worst possible letter for a typo ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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tanatos
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January 09, 2014, 08:04:11 PM |
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Actually the NOT in the title might be ok.
BTC goes to payment processor which gives fiat to overstock.
So overstock actually accepts fiat.
Am i wrong?
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Barek
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January 09, 2014, 08:07:36 PM |
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Actually the NOT in the title might be ok.
BTC goes to payment processor which gives fiat to overstock.
So overstock actually accepts fiat.
Am i wrong?
If you pay with your CC in a store, you still say the store accepts the CC. Even though they get fiat from the CC company.
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BTCdude007
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January 09, 2014, 08:08:20 PM |
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How will they do refunds? In BTC or USD?
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guybrushthreepwood
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January 09, 2014, 08:08:57 PM |
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Actually the NOT in the title might be ok.
BTC goes to payment processor which gives fiat to overstock.
So overstock actually accepts fiat.
Am i wrong?
You're wrong that they don't take Bitcoin; they do, but you're right that they receive it in cash.
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Barek
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January 09, 2014, 08:09:33 PM |
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How will they do refunds? In BTC or USD?
Hmm, ok, good point. I would imagine either USD or BTC at exchange rate at the time. Even the checkout BTC amount must have a fairly short validity. Otherwise you could abuse their store.
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tanatos
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January 09, 2014, 08:12:34 PM |
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If you pay with your CC in a store, you still say the store accepts the CC. Even though they get fiat from the CC company.
The credit card itself is based on fiat. Overstock does not accept BTC for a later use to...restock itself using BTC to pay it's suppliers. Etc... That would be an actual acceptance of BTC. What they offer is a way for you to pay in BTC but what they accept is fiat.
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