Monday Afternoon (US Time), Where is this this big phucking 'announcement'?

[oda.krell]

Jup. That's the news.

Sorry Mat for the earlier comment... Guess once in a while, a "source" can be right...

[knight22]

Jup. That's the news.

Sorry Mat for the earlier comment... Guess once in a while, a "source" can be right...

lol a true rumor? I'm impressed 

[Raystonn]

Naw.  Expedia is going to accept Bitcoin.  I don't see why it's such a big deal though.

This is quite big news!
A big step forwards tourism with bitcoin.
I hope they expand it to their plane tickets service. That would be huge.

As I said 2 days ago, I don't know why this is that big a deal.  They already had a payment processor for them that accepted Bitcoins.  This just pulls that into their own company.  Anyway, I'm hoping this means they actually stick Bitcoins as a publicly-visible option on their main website.  Otherwise, nothing changes.

[Torque]

Naw.  Expedia is going to accept Bitcoin.  I don't see why it's such a big deal though.

This is quite big news!
A big step forwards tourism with bitcoin.
I hope they expand it to their plane tickets service. That would be huge.

As I said 2 days ago, I don't know why this is that big a deal.  They already had a payment processor for them that accepted Bitcoins.  This just pulls that into their own company.  Anyway, I'm hoping this means they actually stick Bitcoins as a publicly-visible option on their main website.  Otherwise, nothing changes.

I guess it's not just bullish in and of itself that the online media headlines smear "Expedia to accept bitcoin!" broadcast to tens of millions of new people who have heard of bitcoin but have never bought any?  Or to tens of millions of new people who have never heard of bitcoin, but see these news headlines for the first time?  How do you think the bitcoin userbase grows, by magic?

[Raystonn]

I hope the PR does the trick.

[BittBurger]

Expedia is not the announcement.

There is another big one coming.

If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call.

Expedia is with Coinbase.

Expedia is huge.  And notice - the price hasn't budged.  

--------------

I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel.

The information was given to me in confidence, but I can confirm that its legit.

As for "how big" - i can finally give you an intelligent analogy.

Expedia announcement is huge.  And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company.  

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week".

-B-

[Raystonn]

I'm not really seeing a big impact from IKEA accepting Bitcoin at this time, beyond the immediate PR for Bitcoin of course.

[Torque]

Expedia is not the announcement.

There is another big one coming.

... this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company.  

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

-B-

I'm guessing the other announcement is Warner Brothers, or something similar.  Just a pure uninformed guess, the market cap seems about right.  

Do I get a prize if I'm right?  

[derpinheimer]

Expedia is not the announcement.

There is another big one coming.

If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call.

Expedia is with Coinbase.

Expedia is huge.  And notice - the price hasn't budged.  

--------------

I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel.

The information was given to me in confidence, but I can confirm that its legit.

As for "how big" - i can finally give you an intelligent analogy.

Expedia announcement is huge.  And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company.  

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week".

-B-

I dont see why Expedia is a big deal. So this one is 1.3x the market cap.. ok. Is it Amazon? No. Target? Walmart? Ofc. not.

Why would this do anything for Bitcoin?

[bitcoinsrus]

Expedia is not the announcement.

There is another big one coming.

If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call.

Expedia is with Coinbase.

Expedia is huge.  And notice - the price hasn't budged.  

--------------

I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel.

The information was given to me in confidence, but I can confirm that its legit.

As for "how big" - i can finally give you an intelligent analogy.

Expedia announcement is huge.  And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company.  

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week".

-B-

I dont see why Expedia is a big deal. So this one is 1.3x the market cap.. ok. Is it Amazon? No. Target? Walmart? Ofc. not.

Why would this do anything for Bitcoin?

[derpinheimer]

That didnt answer the question. I know what Expedia is.

[BittBurger]

That didnt answer the question. I know what Expedia is.

If you lack the basic understanding of "Network Effect" and why its relevant that major merchants are accepting Bitcion, then do some research and learn about it.

Don't troll around the forums saying this is no big deal, when everybody knows that it is.

Sorry for being snarky but you are saying something that makes zero sense.

-B-


Definition of 'Network Effect'

A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example. Initially, there were few users of the internet, and it was of relatively little value to anyone outside of the military and a few research scientists. As more users gained access to the internet, however, there were more and more websites to visit and more people to communicate with. The internet became extremely valuable to its users.

[oda.krell]

Expedia is not the announcement.

There is another big one coming.

If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call.

Expedia is with Coinbase.

Expedia is huge.  And notice - the price hasn't budged.  

--------------

I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel.

The information was given to me in confidence, but I can confirm that its legit.

As for "how big" - i can finally give you an intelligent analogy.

Expedia announcement is huge.  And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company.  

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week".

-B-

I dont see why Expedia is a big deal. So this one is 1.3x the market cap.. ok. Is it Amazon? No. Target? Walmart? Ofc. not.

Why would this do anything for Bitcoin?

+1

I know overstock.com adoption was relevant. And I can see (by their turnover) that Dish Network is really big.

But Expedia is the first company that I myself knew before the anouncement and had used, and that I've seen ads for in real life.

In terms of exposure on the Internet, this one is bigger than the previous two, at least for a certain demographic. That is, if they place a visible "you can now pay with Bitcoin" sign on their checkout webpage.

[Tzupy]

As long as I don't see a direct link between this (and other adoptions) and speculative fiat on the exchanges, I don't give a damn.

[BittBurger]

As long as I don't see a direct link between this (and other adoptions) and speculative fiat on the exchanges, I don't give a damn.

This is the process by which Bitcoin goes to $40,000.   But you don't care because all you want is to day trade for a $10 gain before Friday.

You're going to kick yourself in the ass in 5 years when you realize you could have been buying and holding for the real value increases.

[Tzupy]

As long as I don't see a direct link between this (and other adoptions) and speculative fiat on the exchanges, I don't give a damn.

This is the difference between the process for getting worldwide legitimacy ... versus nonsense day trading speculation short term vision.

You're going to kick yourself in the ass in 5 years when you realize you could have been buying and holding for the real value increases.

No, in five years I will definitely be OUT OF BITCOIN. I only plan to stay until the 2017 big bubble (mania phase). After that there will be only bagholders.

[inca]

As long as I don't see a direct link between this (and other adoptions) and speculative fiat on the exchanges, I don't give a damn.

No, in five years I will definitely be OUT OF BITCOIN. I only plan to stay until the 2017 big bubble (mania phase). After that there will be only bagholders.

I wish I could see the future with your clarity!

[spazzdla]

I'm not really seeing a big impact from IKEA accepting Bitcoin at this time, beyond the immediate PR for Bitcoin of course.

Wait.. I  can go to Ikea and buy shit with BTC now..  I no believe, no announcment or I'd go buy some lights.

[segeln]

As long as I don't see a direct link between this (and other adoptions) and speculative fiat on the exchanges, I don't give a damn.

This is the process by which Bitcoin goes to $40,000.   But you don't care because all you want is to day trade for a $10 gain before Friday.

You're going to kick yourself in the ass in 5 years when you realize you could have been buying and holding for the real value increases.

+1
OMG,daytrading
hodl not tradl

[Chalkbot]

Expedia is not the announcement.

There is another big one coming.

If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call.

Expedia is with Coinbase.

Expedia is huge.  And notice - the price hasn't budged. 

--------------

I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel.

The information was given to me in confidence, but I can confirm that its legit.

As for "how big" - i can finally give you an intelligent analogy.

Expedia announcement is huge.  And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company. 

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week".

-B-

Can you say if the company is in this list?

Monster Beverage Company
Harley Davidson
Under Armour
Electronic Arts
Dollar Tree
Whole Foods
IKEA

Edit: Yeah, I guess IKEA fits the profile pretty well too.

Just having fun....