RodeoX
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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December 12, 2014, 04:30:13 PM |
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No one is talking about what a major achievement this is for BitPay. I met and talked with Tony Gallippi at a conference in SF and I couldn't wish success on a nicer guy. BitPay deserves all the good things the world has to offer them. When the other "respected" members of the community were out making illegal IPOs to quickly line their pockets and destroy the reputation of Bitcoin, BitPay was busy working a long term goal of making Bitcoin a respected mainstream payment system. Hats off to BitPay for yet another incredible accomplishment.
Amen. Tony is a good guy and an honest, savvy businessman. No wonder he's crushing it. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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tybel
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Activity: 3
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December 12, 2014, 05:25:46 PM |
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It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.
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wachtwoord
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Activity: 2324
Merit: 1125
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December 13, 2014, 07:04:54 PM |
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It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.
Acceptance-wise this is the biggest event in Bitcoins short history. But then again, every new event seems to be the most significant event for Bitcoin  |
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arklan
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Activity: 1778
Merit: 1008
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December 13, 2014, 07:22:02 PM |
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very interesting how this gets announced and the price doesn't really do much...
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i don't post much, but this space for rent.
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QuestionAuthority
Legendary
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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December 13, 2014, 07:28:36 PM |
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very interesting how this gets announced and the price doesn't really do much...
We may finally be beyond the point where every news event manipulates the price. |
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redsn0w
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Activity: 1778
Merit: 1042
#Free market
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December 13, 2014, 07:30:12 PM |
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very interesting how this gets announced and the price doesn't really do much...
We may finally be beyond the point where every news event manipulates the price. Now the next step >> Bill gates should buy 1 mld dollars of bitcoin . |
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TPN
Full Member
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Activity: 193
Merit: 100
How did it get so late, so soon?
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December 13, 2014, 08:18:53 PM |
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Guess its time to buy an xbox...
This is sweet ass news, here comes the spike!!!
where? |
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johncarpe64
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December 13, 2014, 08:35:37 PM |
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This is a step towards adoption of Bitcoin im surprised more people are not talking about this news
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freedomno1
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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December 13, 2014, 09:34:29 PM |
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I just saw this on reddit a few minutes ago, this is one good year for bitcoin. Now its only a matter of time till google joins the wagon. https://i.imgur.com/m2pKfft.pngWhat a beautiful picture sniff it brings a few tears to the eyes ^^ And google amazon and then once we have all the major retailers your local mom and pop stores  |
Believing in Bitcoins and it's ability to change the world
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BitcoinBoost
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Activity: 98
Merit: 10
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December 13, 2014, 09:36:30 PM |
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This is a step towards adoption of Bitcoin im surprised more people are not talking about this news
Tell me Microsoft is holding 10% of Bitcoins rather than an immediate conversation to fiat which adds selling pressure. Tell me that news and I'll scream it from the mountain tops. |
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Nagle
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Activity: 1204
Merit: 1000
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December 13, 2014, 10:09:17 PM |
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Guess its time to buy an xbox...
Microsoft won't sell you an XBox, or any other Microsoft product, for Bitcoins. All they'll take Bitcoins for are the junk items you used to have to use "Microsoft Point" for. In-game items, cheap apps, that kind of thing. Stuff that doesn't cost Microsoft anything. |
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solex
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Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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December 13, 2014, 10:34:00 PM |
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It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.
Acceptance-wise this is the biggest event in Bitcoins short history. But then again, every new event seems to be the most significant event for Bitcoin Absolutely. Microsoft was famously late to the internet, and that hurt them for years. But it seems, with digital currency they are determined not to make the same mistake again. Major companies care about their reputation, even above some profits. So Microsoft have done due diligence and Bitcoin has been found worthwhile for them to engage with. Lots of companies will take note and seriously consider how Bitcoin can help them. International sales to emerging markets is an obvious growth area as the existing credit card and payments systems are inefficent outside the OECD. |
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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December 13, 2014, 10:40:06 PM |
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It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.
Acceptance-wise this is the biggest event in Bitcoins short history. But then again, every new event seems to be the most significant event for Bitcoin True enough, Microsoft seems like the biggest event so far, but I'm sure we will have something else that tops that to look forward to in 2015. At least for now our hunger for new merchant adoption can be satisfied temporarily ^^ |
Believing in Bitcoins and it's ability to change the world
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turvarya
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December 13, 2014, 10:41:46 PM |
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Guess its time to buy an xbox...
Microsoft won't sell you an XBox, or any other Microsoft product, for Bitcoins. All they'll take Bitcoins for are the junk items you used to have to use "Microsoft Point" for. In-game items, cheap apps, that kind of thing. Stuff that doesn't cost Microsoft anything. The will give you XBox-stuff for your Bitcoin. That is not bad. And yes it costs them something. |
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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December 13, 2014, 10:49:21 PM |
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Guess its time to buy an xbox...
Microsoft won't sell you an XBox, or any other Microsoft product, for Bitcoins. All they'll take Bitcoins for are the junk items you used to have to use "Microsoft Point" for. In-game items, cheap apps, that kind of thing. Stuff that doesn't cost Microsoft anything. The will give you XBox-stuff for your Bitcoin. That is not bad. And yes it costs them something. Well it's not like you can't get a Xbox using bitcoin anyways You can just use newegg and wait for an electronics special Or if your in a hurry just buy it now |
Believing in Bitcoins and it's ability to change the world
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malaimult
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December 13, 2014, 11:19:31 PM |
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very interesting how this gets announced and the price doesn't really do much...
We may finally be beyond the point where every news event manipulates the price. It has been this way for a while now, at least when additional companies start to accept bitcoin. When you look at the headline you will probably think that potential billion dollar sales with Microsoft will be done in bitcoin but after you look at the details you will see that only it's game divisions are accepting bitcoin (as of the announcement) which make up a very small percentage of Microsoft's sales, plus you can't even buy their physical gaming systems with bitcoin |
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sifter
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December 19, 2014, 08:08:05 AM |
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I think the price has dropped, the average is currently sitting at $314 now.  |
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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December 19, 2014, 09:10:24 AM |
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I think the price has dropped, the average is currently sitting at $314 now. There is no reason to 'think' that the price has dropped. You can actually see the price right now. The price drop is unrelated to this news. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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UnlikelyStory
Newbie
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Activity: 28
Merit: 0
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December 19, 2014, 09:24:50 AM |
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usa only  |
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Febo
Legendary
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Activity: 2730
Merit: 1288
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December 19, 2014, 12:06:56 PM |
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It'd be real interesting to see what kind of traffic bitpay gets from the MS site, but I figure it can't be bad news for bitcoin either way.
Acceptance-wise this is the biggest event in Bitcoins short history. But then again, every new event seems to be the most significant event for Bitcoin And after all this magnificent events, price of Bitcoin falls. we need bad news peeps for a next bubble. If bitcoin foundation hack into chain and steal 5 millions btc i think that would be so bad news that BTC would reach the moon. usa only lol, it seems they thinks USA bitcoins are better. |
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