BitPay Purportedly Raises $30 Million from Investors Including Richard Branson

[toknormal]

Subject says it all folks.

Bitpay now adding ONE THOUSAND new merchants per week - that was back in January, who knows what it is now. (It took them a couple of years to get to 10,000, now they're doing that in a couple of months according to this article).

http://libertyblitzkrieg.com/2014/05/08/bitpay-purportedly-raises-30-million-from-investors-including-richard-branson-in-larget-bitcoin-investment-round-ever/

http://techcrunch.com/2014/05/08/bitpay-index/?ncid=twittersocialshare

http://libertyblitzkrieg.com/2014/01/11/bitpay-is-now-adding-1000-new-merchants-per-week/

[yatsey87]

1000 a week is an insane amount. I guess it'll only keep growing from here. Getting merchants adopting the currency is exactly what we need to push it forward and take the price with it.

[counter]

Probably on track for like 1400 or so at the moment...
Can't argue with that but then the Branson news on top of it is pretty... well sweet!  That had to be a nice bit of news for BitPay employees to learn.

[TrailingComet]

Merchant adoption is only one part of the picture
We need customer adoption to take off , which is a harder problem to solve at scale right now

[counter]

I'm in the "if we build it they will come" camp.  I think Bitcoin has alot to offer people and once their is a infrastructure in place they will have no choice but to see the light.

[LiteCoinGuy]

1000 a week is an insane amount. I guess it'll only keep growing from here. Getting merchants adopting the currency is exactly what we need to push it forward and take the price with it.

...?

[Bitcoinpro]

that is some really steep numbers makes it sound like a wallet cash out service,, at $30 bucks a months that sounds fairly economical depending on their exchange rate and added fees

[freedombit]

Subject says it all folks.

Bitpay now adding ONE THOUSAND new merchants per week - that was back in January, who knows what it is now. (It took them a couple of years to get to 10,000, now they're doing that in a couple of months according to this article).

http://libertyblitzkrieg.com/2014/05/08/bitpay-purportedly-raises-30-million-from-investors-including-richard-branson-in-larget-bitcoin-investment-round-ever/

http://techcrunch.com/2014/05/08/bitpay-index/?ncid=twittersocialshare

http://libertyblitzkrieg.com/2014/01/11/bitpay-is-now-adding-1000-new-merchants-per-week/

Where is this list of merchants that grows by 1000 per week?

[Ron~Popeil]

Would love to see them focus mainly on brick and mortar business. I can't wait to buy gas with a QR code.

[Bit_Happy]

Merchant adoption is only one part of the picture
We need customer adoption to take off , which is a harder problem to solve at scale right now

Great to hear Mr Branson is investing in Bitpay.
Consumer adoption is vital, which is why the Bud Concert Series giveaway is such a huge story:
(They are using Coinbase for some reason)
Bitcoin Payments Initiative: Budweiser Partners with Coinbase
https://bitcointalk.org/index.php?topic=621674.0

[keithers]

1000 a week is an insane amount. I guess it'll only keep growing from here. Getting merchants adopting the currency is exactly what we need to push it forward and take the price with it.

Yeah it is...wow!  1000 per week is such a huge number...Since we mainly only hear about it when the big names start accepting BTC, this is really good to read.   Little by little we are getting mainstream adoption...

I wonder which big name will be next?