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Author Topic: 2014-07-01 NewEgg.com accepts Bitcoin  (Read 1225 times)
rtt (OP)
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July 01, 2014, 07:37:33 AM
 #1

http://www.newegg.com/bitcoin

AmDD
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July 01, 2014, 01:47:31 PM
 #2

Sweet!
http://www.cnet.com/news/bitcoin-gets-buy-in-from-newegg-the-tech-focused-retailer/

Looks like bitpay got the contract.

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kittucrypt
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July 01, 2014, 01:50:34 PM
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For merchants it is really a winning preposition. With no chances of a chargeback, they know that the money is not going back. However, I wonder if it gives them undue advantage? I have dealt with unfair merchants, who even after knowing that they were wrong refused to give me back my money. I had to fight via my bank to really get back  my money and even then they did not give up the fight and kept providing lame excuses and proofs of being legitimate.

bitbouillion
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July 01, 2014, 04:57:46 PM
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That's really big news.

LiteCoinGuy
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July 01, 2014, 06:02:00 PM
 #5

big one, great! hopefully we see some european giants soon.

Shermo
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July 01, 2014, 06:32:37 PM
 #6

big one, great! hopefully we see some european giants soon.

Well in the UK we've got Scan and Overclockers accepting Bitcoins, that's computer hardware covered pretty well here. Ebuyer would be a great next choice for more electrical goods along with PC hardware.
fryarminer
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July 01, 2014, 07:53:36 PM
 #7

Sweet!!!

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July 02, 2014, 05:28:32 AM
 #8

Awesome... who`s next !
epere
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July 02, 2014, 10:12:08 AM
 #9

I can shop on NewEgg with a bunch of Bitcoin and enjoy the discount, so great big deal.

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July 03, 2014, 05:13:57 AM
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I can shop on NewEgg with a bunch of Bitcoin and enjoy the discount, so great big deal.

What discount?  Are you saying newegg has the cheapest prices?

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kjlimo
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July 03, 2014, 05:16:22 AM
 #11

For merchants it is really a winning preposition. With no chances of a chargeback, they know that the money is not going back. However, I wonder if it gives them undue advantage? I have dealt with unfair merchants, who even after knowing that they were wrong refused to give me back my money. I had to fight via my bank to really get back  my money and even then they did not give up the fight and kept providing lame excuses and proofs of being legitimate.

Consumer protection is lost with bitcoin yes.  The question is can consumer protection services be added to bitcoin payment processing without adding all the fees that credit cards/banks require?

I'm hoping there's a win/win possibility that emerges.

We've convinced the merchants to stat accepting, but now we need to convince the consumers to start spending.

Coinbase for selling BTCs
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PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
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