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Author Topic: NewEgg accepting BTC!?  (Read 7277 times)
Searing
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July 02, 2014, 11:21:47 AM
 #101

Is it US only so far?
I see no mention of it on the UK and Australia sites.

i think you see it on payment options when you buy something try a test of that

Searing

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Sydboy
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July 02, 2014, 12:49:43 PM
 #102

i wonder how much shipping to australia would be.
time for a new motherboard,
has anyone from australia bought anything before ?
Noruka
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July 02, 2014, 01:20:29 PM
 #103

Holy cow. I thought it would be a bit longer before they implemented it - guess Overstock accepting it was a big turning point for them. Well it's nice to see more major retailers takig Bitcoin seriously, the more merchants there are the more consumers will be interested in it and possibly begin using it.

not too surprising. Tiger Direct has been accepting it for awhile now and I am sure Newegg doesn't like loosing all their potential bitcoin customers to their competition.
leex1528
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July 02, 2014, 01:26:00 PM
 #104

i wonder how much shipping to australia would be.
time for a new motherboard,
has anyone from australia bought anything before ?

From what I understand it is only in US right now, could be easily wrong but that is what I thought I read somewhere.....

You can always check yourself by making an account and then when you get to the payment part, if BTC is an option, I guess you can use it.
chaosPT
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July 02, 2014, 02:09:59 PM
 #105

Wow , really ?

Now people can buy computer parts or mining rig with thier BTC straight from a trusted site  Shocked
stompix
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July 02, 2014, 02:16:05 PM
 #106

Wow , really ?

Now people can buy computer parts or mining rig with thier BTC straight from a trusted site  Shocked

Too bad they are shipping to us uk australia only.
But I still hope that the big guy will change it's view on bitcoin.

You know who I'm talking about:).

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nkocevar
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July 02, 2014, 02:54:15 PM
 #107

Crap...  already bought my gtx 660.... too bad I would have used my bitcoins for this.

JohnFromWIT
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July 02, 2014, 03:34:28 PM
 #108

Checked the UK and Australia websites.
There is no option for bitcoin payment at check out unfortunately.
Hopefully this will change in future.

On a side note, delivery in Australia costs a fortune.

DannyElfman
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July 03, 2014, 04:23:40 AM
 #109

Holy cow. I thought it would be a bit longer before they implemented it - guess Overstock accepting it was a big turning point for them. Well it's nice to see more major retailers takig Bitcoin seriously, the more merchants there are the more consumers will be interested in it and possibly begin using it.

not too surprising. Tiger Direct has been accepting it for awhile now and I am sure Newegg doesn't like loosing all their potential bitcoin customers to their competition.
Hopefully more sites will realize the potential ability to raise their market share by accepting bitcoin.

This spot for rent.
BorderBits
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July 03, 2014, 05:42:01 AM
 #110

LOL! this community is funny.  Nope, they're not taking BTC.  They're taking USD from Bitpay.  Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all. 
beetcoin
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July 03, 2014, 05:52:31 AM
 #111

LOL! this community is funny.  Nope, they're not taking BTC.  They're taking USD from Bitpay.  Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all. 

is that the kind of thing you would have said about overstock too? newegg could eventually do what they do, and take out a portion of it.
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July 03, 2014, 06:01:16 AM
Last edit: July 03, 2014, 06:34:29 AM by BadBear
 #112

LOL! this community is funny.  Nope, they're not taking BTC.  They're taking USD from Bitpay.  Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.  

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

 What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

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July 03, 2014, 06:10:42 AM
 #113

I have never shopped at newegg, but from what i have seen about the company, it looks really good for BTC. I checked out the website, I like how they announce BTC adoption right on the homepage. A lot of the larger corporations that started accepting BTC (like Dish Network), did not do that...
redmetal
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July 03, 2014, 06:12:51 AM
 #114

If only NewEgg where competitive in Australia, more companies accepting Bitcoins the better!

Receive $5 free of bitcoin in Australia by becoming verified on CoinJar.com, https://filler.coinjar.com/r/034375f5
BorderBits
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July 03, 2014, 05:33:28 PM
 #115

LOL! this community is funny.  Nope, they're not taking BTC.  They're taking USD from Bitpay.  Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.  

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

 What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

You're ignoring a huge difference between real money and BTC.  A business cannot risk actually touching BTC, as their banks would likely stop doing business with them.  They also risk becoming a target of launderers, and thus risk criminal investigation.  Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.   
beetcoin
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July 03, 2014, 06:45:58 PM
 #116

I have never shopped at newegg, but from what i have seen about the company, it looks really good for BTC. I checked out the website, I like how they announce BTC adoption right on the homepage. A lot of the larger corporations that started accepting BTC (like Dish Network), did not do that...

man, you're from CA but never shopped at newegg? what is with that? outside of amazon, newegg is probably the biggest internet retailer in america. maybe you don't want to pay the 9% sales tax though.
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July 03, 2014, 07:05:53 PM
 #117

You're ignoring a huge difference between real money and BTC.  A business cannot risk actually touching BTC, as their banks would likely stop doing business with them.  They also risk becoming a target of launderers, and thus risk criminal investigation.  Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.   

You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink.

Sorry for feeding the troll, I'll stop.

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beetcoin
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July 03, 2014, 08:00:50 PM
 #118

You're ignoring a huge difference between real money and BTC.  A business cannot risk actually touching BTC, as their banks would likely stop doing business with them.  They also risk becoming a target of launderers, and thus risk criminal investigation.  Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.   

You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink.

Sorry for feeding the troll, I'll stop.


i'm not quite sure if he's a troll, but he's definitely wrong. overstock has hoarded some bitcoins, and im sure banks are still working with them.
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July 03, 2014, 09:16:56 PM
 #119

LOL! this community is funny.  Nope, they're not taking BTC.  They're taking USD from Bitpay.  Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.  

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

 What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

You're ignoring a huge difference between real money and BTC.  A business cannot risk actually touching BTC, as their banks would likely stop doing business with them.  They also risk becoming a target of launderers, and thus risk criminal investigation.  Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.   



hmmm... yet us election candidates can accept and touch bitcoins for donations to their campaigns and not have these same problems and risks ??
seriouscoin
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July 03, 2014, 09:26:51 PM
 #120

LOL! this community is funny.  Nope, they're not taking BTC.  They're taking USD from Bitpay.  Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.  

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

 What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

You're ignoring a huge difference between real money and BTC.  A business cannot risk actually touching BTC, as their banks would likely stop doing business with them.  They also risk becoming a target of launderers, and thus risk criminal investigation.  Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.   



hmmm... yet us election candidates can accept and touch bitcoins for donations to their campaigns and not have these same problems and risks ??

The idiot doesnt even know what real money is..... why even bother?

I swear i can teach my old dog a new trick b4 he would realize how dumb he sounded.
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