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Author Topic: Snowball Effect  (Read 3249 times)
Trance
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January 24, 2014, 06:54:21 AM
 #21

It is a virtuous circle  Cheesy

vicious cycle:)!

Some people are so poor ALL they have is money
bitpop
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January 24, 2014, 07:42:48 AM
 #22

Bitcoin is a troll

globalgaurav
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January 24, 2014, 08:39:10 AM
 #23

Bitcoin is a troll

 Roll Eyes Lips sealed Undecided Smiley
empoweoqwj
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January 24, 2014, 08:51:09 AM
 #24

I get this still:

----------
Access Denied

You don't have permission to access "http://www.tigerdirect.com/" on this server.
Reference #18.ccfda46e.1390537752.2f7d0b36
------------
I have the same from 3 different european VPN nodes (different countries). Lame Anti-DDOS-system.

Guess they got too many hits because of the bitcoin news. But yeah, totally lame DDOS protection.
nexus6
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January 24, 2014, 09:35:37 AM
 #25

As more companies accept Bitcoin payments, their competition are forced to follow suit or risk being left behind in the dust.  The momentum builds upon itself so that each stage is far bigger than the last.

One of the latest to come on board: TigerDirect.

Bitcoin is on a roll.  And it has only just begun.

Visual explanation  Cheesy

http://youtu.be/fW8amMCVAJQ

raskul
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January 24, 2014, 09:38:02 AM
 #26

Bitcoin is a troll

growing up to be an ogre (the teenage years)

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
FEdison
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January 24, 2014, 09:56:39 AM
 #27

Lets hope so. Bitcoin users are still a minority, so I can't see companies benefiting substantially from implementing bitcoins.
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January 24, 2014, 03:49:05 PM
 #28

Pretty soon it will become a list of which merchants are not accepting bitcoin, rather than the vice versa. How that affects the overall value and market cap remains to be seen since most meechants are immediately converting back to their local currency. Im pretty sure some of the merchants will start keeping a portion of BTC in their own portfolio and cashing out only a portion.
2tights
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January 24, 2014, 05:16:14 PM
 #29

Pretty soon it will become a list of which merchants are not accepting bitcoin, rather than the vice versa. How that affects the overall value and market cap remains to be seen since most meechants are immediately converting back to their local currency. Im pretty sure some of the merchants will start keeping a portion of BTC in their own portfolio and cashing out only a portion.

..and.....we're back on TOPIC!!

I think you're right, that'd be the smart thing to do if not just for long term savings.

I'm definitely looking forward to the lists of merchants not accepting bitcoin.
Johnny Bitcoinseed (OP)
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January 24, 2014, 08:49:34 PM
Last edit: January 24, 2014, 09:05:27 PM by Johnny Bitcoinseed
 #30

Lets hope so. Bitcoin users are still a minority, so I can't see companies benefiting substantially from implementing bitcoins.

I take it you haven't seen today's TigerDirect.com news... after just one day of implementing Bitcoin, something like $250,000 in Bitcoin sales + 30% increase in store visits.

What's more, TigerDirect.com pays no credit card fees when items are purchased using Bitcon!  Get to pocket an additional 2 to 3% of sales.  That is huge - we're talking $6000 +/- extra profit going to that company.

Overstock.com clocked $130,000 worth of Bitcoin sales in one day.

Please explain your statement, FEdison....

Sincerely I am, Johnny BitcoinSeed .com
Sutters Mill
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January 24, 2014, 08:58:35 PM
 #31

I believed very strongly that 2014 would be the year of more large scale merchant adoption and improved services to make bitcoin easier for regular people to use.

So far the large merchant adoption trend seems to be holding up only 3 weeks into the new year. I'm looking forward to see what sort of innovations start popping up to make bitcoin easier/safer for regular people now that will/should have quite a few outlets to use bitcoin at.

Yeah I agree with this. I think this year will show a lot of adoption of Bitcoin as a payment method. We're already seeing universities accepting it for tuition fees and online/offline stores accepting it. Can't wait to see what this year brings. I'm hold all the way.
ClassTrader
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January 24, 2014, 09:34:22 PM
 #32

It won't be long before Amazon start accepting it  Grin
Sutters Mill
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January 24, 2014, 09:47:48 PM
 #33

It won't be long before Amazon start accepting it  Grin

Yeah and, although they say they have no plans, Google are looking into how it would fit with their business model according to the press section.
Phinnaeus Gage
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January 24, 2014, 10:11:09 PM
 #34

As more companies accept Bitcoin payments, their competition are forced to follow suit or risk being left behind in the dust.  The momentum builds upon itself so that each stage is far bigger than the last.

One of the latest to come on board: TigerDirect.

Bitcoin is on a roll.  And it has only just begun.

Having just commissioned a local printer to craft the following into a banner, Bitcoin WILL be seen by 100M+ FOX viewers during the Super Bowl XLVIII game.



The only thing left to do is to find a Bitcoiner that's planning on attending the game.

~TMIBTCITW
BTCisthefuture
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January 25, 2014, 06:12:44 AM
 #35

As more companies accept Bitcoin payments, their competition are forced to follow suit or risk being left behind in the dust.  The momentum builds upon itself so that each stage is far bigger than the last.

One of the latest to come on board: TigerDirect.

Bitcoin is on a roll.  And it has only just begun.

Having just commissioned a local printer to craft the following into a banner, Bitcoin WILL be seen by 100M+ FOX viewers during the Super Bowl XLVIII game.



The only thing left to do is to find a Bitcoiner that's planning on attending the game.

~TMIBTCITW

That's pretty cool looking. Whats with the 'u mad bro'  part though ?  I'm very happy to see bitcoin get some attention Smiley

Hourly bitcoin faucet with a gambling twist !  http://freebitco.in/?r=106463
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January 25, 2014, 07:24:17 AM
 #36

http://youtu.be/fW8amMCVAJQ
bitpop
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January 25, 2014, 08:36:36 AM
 #37


Time to begin ridiculing non followers

erik777
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January 25, 2014, 08:52:34 AM
 #38

Enjoying it now!  Cool

Let's see who will throw next.

right now the snowball fight seems to be between KNC customers. Half are freaking the F out, the others of us are in HODL mode.

The sky is falling crowd: "Everyone jump ship before it sinks!"

The optimistic crowd: "HODL... H O   D     L!"

It's difficult to not be drawn into this cyclical conversation. One thing is certain in mind is that many are overreacting by jumping ship already, we're not even in the home stretch yet.


Why are half the KNC customers freaking the F out?

I'm sure that's a typo referring to KFC customers, who are upset because KFC doesn't accept bitcoins.  Just be careful, cuz when KFC customers freak the F out, you can get wacked by one huge greasy chicken breast.

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bitpop
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January 25, 2014, 08:56:10 AM
 #39

Hodl knc

empoweoqwj
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January 25, 2014, 11:27:24 AM
 #40


All hail the first follower!
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