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Author Topic: What service/company should accept bitcoin next?  (Read 1774 times)
DeboraMeeks (OP)
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August 18, 2014, 06:49:35 AM
 #21

Why are there no services that pay in bitcoin. Thus would be the next big news.

There a few but not major companies. This would be the real definition of adoption! Not just accepting it and transferring to USD but paying out in btc
TheButterZone
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August 18, 2014, 10:47:34 PM
 #22

None, if they're going to do it wrong (deal with payment processors that dump coins to crash the market either directly or indirectly via their dark pool buyers).

http://twitter.com/TheButterZone/status/501497553545093120

Saying that you don't trust someone because of their behavior is completely valid.
angeloanggam
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August 18, 2014, 11:33:45 PM
 #23

Apple is possible, but google accepting is maybe a thing in the future. It would be very great if iStore accepts bitcoin. Theres nothing to lose for Apple that way.

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Lone Wanderer
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August 18, 2014, 11:37:10 PM
 #24

Amazon is all we need really they would be a awesome addition.
wasserman99
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August 19, 2014, 12:59:51 AM
 #25

I agree, but Exxon mobile would be BIG. Exxon had a profit the size of Amazon's for their lifetime in 2.5 weeks, this happens every 2.5 weeks.. http://www.reddit.com/r/Bitcoin/comments/2dsuhw/forget_amazon_paypal_or_ebay_somebody_should_get/
http://www.reddit.com/r/todayilearned/comments/2dnzo5/til_amazons_profits_for_its_entire_existence_are/
Well you are targeting a new industry. Their operating income was high in 2013,around $40 Billion and that of amazon was only around $700M that's not the important thing.
The important thing is the customer base. People who use amazon should already be somewhat familar with basic computer knowledge and online payments. On the other hand you might find an old 'trucker' (no offence, just example) seeing the 'Bitcoin accepted here' sign on an Exxon gas station and he would probably be like  Huh and just drive away.
Don't get me wrong, it would be great if they accepted it too.
Well the thing about gas stations accepting bitcoin is that they make very small margins from selling gas, almost all of their gas sales are from credit cards, and credit card fees are a big expense for them. If a gas station were to accept BTC they could accept a 0/unconfirmed TX as long as the TX fee is at least, say .0005 to give it a good chance of being confirmed quickly, making it all that more difficult to execute a double spend attack. Gas stations could easily see their profits double by accepting bitcoin (if not more) as their margins are usually around 1% but credit card fees are well in excess of that.

moriartybitcoin
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August 19, 2014, 02:42:40 AM
 #26

I'm hoping google will accept it! 

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August 19, 2014, 05:09:43 AM
 #27

I wish Amazon will accept Bitcoins.
GogglesPisano
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August 19, 2014, 02:43:31 PM
 #28

We will soon see a lot more adoption in the sportsbook/gambling sector. 5 Dimes, a huge fiat sportsbook, recently announced they will be taking Bitcoin. I have no doubt the other large books will soon follow and then we will really be off to the races as gambling is a massive worldwide market!

wordman267645
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August 20, 2014, 10:52:57 AM
 #29

I think both Google and Apple should accept bitcoin..
DeboraMeeks (OP)
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August 20, 2014, 03:28:17 PM
 #30

I wish Amazon will accept Bitcoins.

I have a feeling they will be soon,
Coinhunter32
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August 20, 2014, 04:04:09 PM
 #31

Apple and Samsung, both of them dominate the smartphone market Smiley
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August 20, 2014, 04:12:44 PM
 #32

it looks that next step is that oveerstock is going to accept it internationally
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