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d2dtk (OP)
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June 11, 2014, 09:44:09 PM
Last edit: June 11, 2014, 10:35:05 PM by d2dtk |
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Expedia, the big online travel site, announced on Wednesday it will begin accepting bitcoin for hotel bookings through its website. Thus it is becoming the first major travel-agency to take the digital currency. If the reception is good, the company said it expects to bring bitcoin to its other service lines as well. Expedia is the latest big-name retailer to embrace bitcoin. Overstock.com started accepting it in January, and the Chicago Sun-Times began accepting it in April. Dish Network announced in May that it would start accepting bitcoin. There are other travel-related services out there that take bitcoin, some smaller individual travel agencies and 9Flats, an online apartment rental site. CheapAir.com began accepting it in November. But none have the size or exposure of Expedia, which bills itself as the world’s largest full-service travel site. Don't tell me this isn't great news!  |
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fdiini
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June 11, 2014, 10:50:50 PM |
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It is great news, but that doesn't mean price will go up.
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d2dtk (OP)
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June 11, 2014, 11:48:38 PM |
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It is great news, but that doesn't mean price will go up.
It's my hope that by them accepting it that other major players will follow suit adding to bitcoins growth and adoption. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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June 12, 2014, 12:23:32 AM |
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What's the time scale of the poll? I don't think it'll do much or anything in the short term. Long term it adds a nice foundation to the launchpad.
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ABitNut
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June 12, 2014, 12:47:40 AM |
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It really does seem that the spread of Bitcoin is continuing. Very encouraging.
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jamesc760
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June 12, 2014, 01:21:44 AM |
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So, bad news causes price to drop but good news doesn't cause price to rise??? What kind of investment is btc???
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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June 12, 2014, 01:23:35 AM |
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A proper weird one.
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Ron~Popeil
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June 12, 2014, 01:24:18 AM |
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So, bad news causes price to drop but good news doesn't cause price to rise??? What kind of investment is btc???
It will take a little time for it to sink in and show up in the price. We have had such a run of good news lately that it doesn't have as dramatic an impact. |
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d2dtk (OP)
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June 12, 2014, 05:57:41 AM |
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Time frame for the poll is for this month.
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MysticalPotato
Member
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Activity: 91
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Stop the potato genocide!
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June 12, 2014, 07:39:39 AM |
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Expedia, the big online travel site, announced on Wednesday it will begin accepting bitcoin for hotel bookings through its website. Thus it is becoming the first major travel-agency to take the digital currency. If the reception is good, the company said it expects to bring bitcoin to its other service lines as well. Expedia is the latest big-name retailer to embrace bitcoin. Overstock.com started accepting it in January, and the Chicago Sun-Times began accepting it in April. Dish Network announced in May that it would start accepting bitcoin. There are other travel-related services out there that take bitcoin, some smaller individual travel agencies and 9Flats, an online apartment rental site. CheapAir.com began accepting it in November. But none have the size or exposure of Expedia, which bills itself as the world’s largest full-service travel site. Don't tell me this isn't great news! Unfortunately, it isn't. Walk-in rates at hotels and direct airline and vehicle bookings are almost always cheaper than booking through sites like Expedia. Frequent travelers rarely use Expedia. In fact, first-time users are usually crestfallen once they see the prices when checking in at hotels. There is a reason why Expedia, Orbitz, Agoda, etc are all struggling - they do not have the volume to negotiate larger deals within the very fragmented travel and tourism industries. |
"Politeness induces morality. Serenity of manners requires serenity of mind.” - Julia Ward Howe
Signature space available for a worthy cause
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Gianluca95
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Activity: 1582
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Reputation first.
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June 12, 2014, 08:06:36 AM |
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650-750$ Is the right price because the news that Expedia accepts Bitcoin is a little part of BIG news (Ebay will start accepting Bitcoin in the next future, and Microsoft studing it now) !
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Ron~Popeil
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June 12, 2014, 08:33:01 AM |
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650-750$ Is the right price because the news that Expedia accepts Bitcoin is a little part of BIG news (Ebay will start accepting Bitcoin in the next future, and Microsoft studing it now) !
I think even higher but time will tell. BTC is definitely currently undervalued. |
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Bogleg
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June 12, 2014, 07:02:21 PM |
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Won't be long before other travel agency starts accepting bitcoin also.
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Benjig
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June 12, 2014, 07:55:34 PM
Last edit: July 17, 2014, 06:44:35 PM by Benjig |
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Roll in ~ Rollin.io ~ 1% House edge
AND TRY OUT OUR NEW DICE GAME Instant play
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d2dtk (OP)
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June 12, 2014, 11:47:24 PM |
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You and I reported it on the same day however mine was at 2pm PST and yours at 11PM PST As for your second link all it did was take us to bitcoinvalues.net nothing showing that you predicted it going down $40 |
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ShakyhandsBTCer
Sr. Member
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Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 13, 2014, 02:49:57 AM |
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Nice new, that and the dish accepting bitcoins but actually the price is going down currently  The price of BTC will likely not react instantly to new companies accepting bitcoin, but it would rather be a long term positive effect as over time more people will be inclined to purchase (and use) bitcoin. |
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Kluge
Donator
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Merit: 1015
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June 13, 2014, 03:05:54 AM |
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Expedia, the big online travel site, announced on Wednesday it will begin accepting bitcoin for hotel bookings through its website. Thus it is becoming the first major travel-agency to take the digital currency. If the reception is good, the company said it expects to bring bitcoin to its other service lines as well. Expedia is the latest big-name retailer to embrace bitcoin. Overstock.com started accepting it in January, and the Chicago Sun-Times began accepting it in April. Dish Network announced in May that it would start accepting bitcoin. There are other travel-related services out there that take bitcoin, some smaller individual travel agencies and 9Flats, an online apartment rental site. CheapAir.com began accepting it in November. But none have the size or exposure of Expedia, which bills itself as the world’s largest full-service travel site. Don't tell me this isn't great news! Unfortunately, it isn't. Walk-in rates at hotels and direct airline and vehicle bookings are almost always cheaper than booking through sites like Expedia. Frequent travelers rarely use Expedia. In fact, first-time users are usually crestfallen once they see the prices when checking in at hotels. There is a reason why Expedia, Orbitz, Agoda, etc are all struggling - they do not have the volume to negotiate larger deals within the very fragmented travel and tourism industries. This is against my pre-conceived notion, so I'll give it a try. I have a particular hotel in the middle of nowhere I'm interested in. It's $90/night (after taxes/fees) online booking a bit over a month in advance. There's nothing I know of going on there on the date I've planned, so I'll try getting a room later at night on the day we go there to see what kind of deal they can do. If I can come in at <$75 for the room, I'll become a true walk-in believer. There's a good bit of irony here since I would've booked through Expedia before reading this. |
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ABitNut
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June 13, 2014, 03:41:25 AM |
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Expedia, the big online travel site, announced on Wednesday it will begin accepting bitcoin for hotel bookings through its website. Thus it is becoming the first major travel-agency to take the digital currency. If the reception is good, the company said it expects to bring bitcoin to its other service lines as well. Expedia is the latest big-name retailer to embrace bitcoin. Overstock.com started accepting it in January, and the Chicago Sun-Times began accepting it in April. Dish Network announced in May that it would start accepting bitcoin. There are other travel-related services out there that take bitcoin, some smaller individual travel agencies and 9Flats, an online apartment rental site. CheapAir.com began accepting it in November. But none have the size or exposure of Expedia, which bills itself as the world’s largest full-service travel site. Don't tell me this isn't great news! Unfortunately, it isn't. Walk-in rates at hotels and direct airline and vehicle bookings are almost always cheaper than booking through sites like Expedia. Frequent travelers rarely use Expedia. In fact, first-time users are usually crestfallen once they see the prices when checking in at hotels. There is a reason why Expedia, Orbitz, Agoda, etc are all struggling - they do not have the volume to negotiate larger deals within the very fragmented travel and tourism industries. This is against my pre-conceived notion, so I'll give it a try. I have a particular hotel in the middle of nowhere I'm interested in. It's $90/night (after taxes/fees) online booking a bit over a month in advance. There's nothing I know of going on there on the date I've planned, so I'll try getting a room later at night on the day we go there to see what kind of deal they can do. If I can come in at <$75 for the room, I'll become a true walk-in believer. There's a good bit of irony here since I would've booked through Expedia before reading this. I'd be interested in your findings. I believe hotels have a special "rack rate" for walk ins. And it's higher than pre-booking. I did find that a local travel agent (small business) consistently gets me rates equal to or lower than expedia and agoda. |
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snarlpill
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June 13, 2014, 03:44:31 AM |
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I definitely don't think this will have any specific effect on BTC price changing. However though, more and more big name companies are starting to accept Bitcoin payments every single day it seems. And this is great news overall. So by itself no huge price jump, but as a smaller part of the big picture snowball effect, it will help in the long-run.
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