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Author Topic: NewEgg accepting BTC!?  (Read 7278 times)
TopherB
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July 06, 2014, 06:18:23 PM
 #121

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You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink.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

Banks court big business not the other way around.
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DannyElfman
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July 07, 2014, 03:31:11 AM
 #122

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You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink.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

Banks court big business not the other way around.
Banks do court big businesses however they also have compliance teams and risk teams that can veto transactions and relationships that are too risky

This spot for rent.
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July 07, 2014, 05:28:47 AM
 #123

Bitcoin expansion is continuing!
Searing
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July 07, 2014, 06:18:13 AM
 #124

Has there been any news on how well newegg.com is doing collecting BTC now? curious?

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July 07, 2014, 01:47:23 PM
 #125

Such a great thing to happen.  I am sort of looking forward to something breaking on my computer and paying to fix it in Bitcoin (wait....nevermind don't break computer)!
rext
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July 07, 2014, 02:00:45 PM
 #126

Such a great thing to happen.  I am sort of looking forward to something breaking on my computer and paying to fix it in Bitcoin (wait....nevermind don't break computer)!
lol cpu smashed
beetcoin
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July 07, 2014, 06:05:47 PM
 #127

Has there been any news on how well newegg.com is doing collecting BTC now? curious?

Searing


doubt they'll release that info just yet. the latest will probably be the end of the 3rd quarter in september i think. i'm suspecting that it'll be good news, but not enough to influence the price of bitcoin significantly.
DannyElfman
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July 07, 2014, 10:09:48 PM
 #128

Has there been any news on how well newegg.com is doing collecting BTC now? curious?

Searing


doubt they'll release that info just yet. the latest will probably be the end of the 3rd quarter in september i think. i'm suspecting that it'll be good news, but not enough to influence the price of bitcoin significantly.
They may be able to give some preliminary information about early sales numbers. IIRC overstock provided I believe it was the first day's sales only a few weeks after they started accepting bitcoin

This spot for rent.
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July 07, 2014, 11:35:32 PM
 #129

i posted this in the other thread, but it bears repeating.
WTF is newegg doing selling overpriced "mining packs"?



#yolo
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July 08, 2014, 10:55:11 AM
 #130

one of The things I liked about them taking BTC is the fact they showed it in big text/color in homepage. it wasn't just added to their payment methods "secretly" but they provided some more publicity for BTC within consumers -link to instruction, what it's etc...-

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July 08, 2014, 06:15:37 PM
 #131

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...
Amazing you haven't shopped yet, they have very good prices. Indeed Nice Bitcoin announce, they probably checked Overstock and realized the sales-increasing they had...
techlover
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July 10, 2014, 03:49:59 AM
 #132

Need Apple to change their stance on mobile wallet and payment application.

Once the few big company accept BTC, apple will change their stance.
Coinrush
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July 11, 2014, 07:54:57 AM
 #133

Need Apple to change their stance on mobile wallet and payment application.

Once the few big company accept BTC, apple will change their stance.

Apple is so stubborn,I dont think that will happen in the near future.
jekv2
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July 12, 2014, 09:55:00 PM
 #134

They no longer accept bitcoins.
https://bitcointalk.org/index.php?topic=688652.0
DannyElfman
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July 12, 2014, 09:59:44 PM
 #135

That is crazy. Why would they stop accepting bitcoin?

They probably just wanted to get the free publicity.

This spot for rent.
runlinux
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July 12, 2014, 10:00:13 PM
 #136

That is crazy. Why would they stop accepting bitcoin?

They probably just wanted to get the free publicity.

I just checked. It's still there.

Maidak
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July 12, 2014, 10:41:30 PM
 #137

I've been waiting for newegg to start accepting BTC so I can build a new workstation and slap a paid w/ btc sticker on it. Cheesy

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fryarminer
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July 13, 2014, 12:35:24 AM
 #138

I went to buy something at NewEgg today and I didn't find anything about bitcoin there.
I actually left feedback that I was disappointed.

Why did they stop?

fryarminer
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July 13, 2014, 12:36:32 AM
 #139

I've been waiting for newegg to start accepting BTC so I can build a new workstation and slap a paid w/ btc sticker on it. Cheesy

I beat you to that dude - I built a monster Hackintosh entirely with bitcoin. But I did it through Amazon and Gyft.
DannyElfman
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July 13, 2014, 01:16:46 AM
 #140

That is crazy. Why would they stop accepting bitcoin?

They probably just wanted to get the free publicity.

I just checked. It's still there.
When I went there it said the promotion had ended.

EDIT: It is still an option to use bitcoin to checkout, it does say that the promotion has ended when you go to newegg.com/bitcoin (the site must assume you are responding to a promotion when you go to newegg.com/[word]

This spot for rent.
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