Dish network will accept Bitcoin in 3rd quarter of this year

[smoothie]

To da moon!

http://www.theverge.com/2014/5/29/5761316/dish-network-invites-its-14-million-customers-to-pay-in-bitcoin

[RodeoX]

No S#!T smoothie? That's a big player. I have become very dissatisfied with netflix as of late. Maybe I'll give dish a second look.

[metstijl]

which month is 3th quarter ?

[gentlemand]

They're talking July for implementation I think.

[smoothie]

which month is 3th quarter ?

June, July, or August.

Expect a bubble in price somewhere in there.

My guess is end of July will be the "peak". 

[Gimmelfarb]

pretty sweet. i wish i could pay for my cable/internet with bitcoin. unfortunately, i don't think it's worth switching to satellite to take advantage. but good news, for sure.

[Dimrain13]

third quarter starts after June is over. so yeah July. I will be holding till 5k we will see how it goes from there....

[HarHarHar9965]

pretty bullish. let's make another thread about it.

[Benjig]

I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

[DannyElfman]

I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

[Bitcopia]

I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

Yeah, most public companies are not going to hold bitcoins at this point in time. I'm shocked that Overstock holds 10% of the coins from its bitcoin sales, but Patrick Byrne truly understands it, and apparently he's convinced his board of directors as well!

[TERA]

It's clearly time to sell everything.

[Hyena]

I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

Yeah, most public companies are not going to hold bitcoins at this point in time. I'm shocked that Overstock holds 10% of the coins from its bitcoin sales, but Patrick Byrne truly understands it, and apparently he's convinced his board of directors as well!

When bitcoin surges again and overstock gets the enormous gains for holding 10% in bitcoin, I'm sure the word starts to spread.

[CEG5952]

I think its a big milestone that notice, but i dont like the idea that they convert back to usd the payments, i know bitcoin is still volatile but there will be a time when this is not needed anymore.

eventually, but this is natural. big companies like this work all in fiat -- paying suppliers and overhead costs. it doesnt make sense to hold all or even most of the bitcoins.

Yeah, most public companies are not going to hold bitcoins at this point in time. I'm shocked that Overstock holds 10% of the coins from its bitcoin sales, but Patrick Byrne truly understands it, and apparently he's convinced his board of directors as well!

When bitcoin surges again and overstock gets the enormous gains for holding 10% in bitcoin, I'm sure the word starts to spread.

Maybe, maybe not. You'd think that after the 2011 and 2013 bubbles, and the fact that BTC is still near $600 apiece, this would already be the case. But, here we are.

[HarmonLi]

Bull run incoming

[DolanDuck]

With Overstock and Dish network adoptions, bitcoin will grew more and more in popularity.
I think 2015 will be remembered as the year of the cryptocurrencies, all in all we are still early
adopters, just hold and let's see how far btc and alts will go.

[hollowframe]

With Overstock and Dish network adoptions, bitcoin will grew more and more in popularity.
I think 2015 will be remembered as the year of the cryptocurrencies, all in all we are still early
adopters, just hold and let's see how far btc and alts will go.

okay, so what about 2014? you're living in the future, man!

[Hyena]

Maybe, maybe not. You'd think that after the 2011 and 2013 bubbles, and the fact that BTC is still near $600 apiece, this would already be the case. But, here we are.

I think we're dangerously close to the time when everyone starts thinking "What if Bitcoin will continue its pattern of conquering new highs periodically?" as there are now 3 solid examples. Then, people will buy in even at high prices thinking that it will probably go even higher. I'm somewhat scared by this scenario, because it sure would disrupt the stability of the whole world. If fat, rich and lazy suddenly get poor, they get angry. In any case, there will be losers and the wrath of those losers may damage my well being.

[redwhite037]

In glancing through the "press" section, there are a lot of very positive press releases currently. Hopefully this will fly in the face of all the FUDers who sold their bitcoin at the 400-level.