Microsoft does NOT accept Bitcoin! Price downtrend continues

[elasticband]

New account trolling bitcoin positive news badly.

This place is going to be a sea of schadenfreude when you lot get caught short. Lambchop will take his haughty unemployed attitude and evaporate into thin air.

I hope you pathetic creatures cash out a few pennies 'trading' this bear market before you get run over by the inevitable approach of the coming steamroller.

Another day, another of the biggest companies in the world giving bitcoin the nod of legitimacy.

No one is trolling about bitcoin news but perma bulls do, i am just telling the truth story behind fake news

Trolls going to troll.
https://commerce.microsoft.com/PaymentHub/Help/Right?helppagename=CSV_BitcoinHowTo.htm

What you really mean is microsoft are not accepting bitcoin, they accept bitpay/bitpal, one of the central authorities of processing bitcoin transactions for merchants.

[NotLambchop]

The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?

[Raystonn]

The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?

Your assumption that kids steal their parents credit cards to fund their activities is flawed.  Many kids have cash and don't want to ask their parents every time they wish to spend it online.  A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online.  They won't keep it all in a Microsoft account, since that cannot be withdrawn.

[elasticband]

It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households. Also whats wrong with going down the local store and picking up a redeemable voucher for cash, probably easier than going to the ATM machine, buying your BTC at a 5% mark up and then waiting for  confirmations before you can then buy your redeemable digital gift voucher, which can then be used to buy a digital product.

[Raystonn]

It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households.

Paypal doesn't accept cash deposits.  Kids can't use paypal or mastercard themselves.  Bitcoin provides a solution.

[NotLambchop]

It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households.

Microsoft is a US company.  When Somalisoft starts accepting Bitcoin, Somali kids will be first in line.

[NotLambchop]

The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?

Your assumption that kids steal their parents credit cards to fund their activities is flawed.  Many kids have cash and don't want to ask their parents every time they wish to spend it online.  A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online.  They won't keep it all in a Microsoft account, since that cannot be withdrawn.

A simple trip to a store would get them a cash card/prepaid CC.  Those can be spent in more places on and offline  Or, you know, just get xbox card.
Re: "won't keep it all in a Microsoft account, since that cannot be withdrawn":  They have to fund their MS account to use BTC.  That's the only way MS accepts BTC.

[Raystonn]

The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?

Your assumption that kids steal their parents credit cards to fund their activities is flawed.  Many kids have cash and don't want to ask their parents every time they wish to spend it online.  A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online.  They won't keep it all in a Microsoft account, since that cannot be withdrawn.

A simple trip to a store would get them a cash card/prepaid CC.  Those can be spent in more places on and offline  Or, you know, just get xbox card.
Re: "won't keep it all in a Microsoft account, since that cannot be withdrawn":  They have to fund their MS account to use BTC.  That's the only way MS accepts BTC.

That could work for those with cash.  But you can avoid the trip to the store after receiving Bitcoin online if you just use the Bitcoin directly.  That implies the target demographic is truly those who earn Bitcoin, such as through tips or providing online services in exchange for Bitcoin.

[NotLambchop]

...
That could work for those with cash. ...

So we can forget about that Bitcoin ATM, huh?
K.  We've narrowed our target demographic to under-18 gamer kids, without cash, who make Bitcoin online.  That's pretty specific.
How many do you suppose that is?  

[kutaka]

...
That could work for those with cash. ...

So we can forget about that Bitcoin ATM, huh?
K.  We've narrowed our target demographic to under-18 gamer kids, without cash, who make Bitcoin online.  That's pretty specific.
How many do you suppose that is?  

At least 1, as you are paid in bitcoins for trolling.

[NotLambchop]

No bro, IRL I'm a door-to-door Bitcoin salesman.
I hope I'm not intruding, but have you considered investing in BTCeanie BTCabies I mean Bitcoin?

[RodeoX]

More good news! It's like a waterfall every week now. I just got off the phone with a guy I know who works there. They are accepting bitcoin for payments!

Good times.  

EDIT: I'm going to fly out there in the spring for some meetings. Let's push for on-demand movie purchases and skype time. and... What else?

[Nagle]

Microsoft: "You can’t use Bitcoin to purchase Microsoft products and services directly at this time." Microsoft is using Bitcoin for the things that used to be sold for Microsoft Points - in-app purchases, game items, and other junk. Those are low-risk items for Microsoft - they cost little or nothing to make, and have no resale value.

[inca]

Microsoft: "You can’t use Bitcoin to purchase Microsoft products and services directly at this time." Microsoft is using Bitcoin for the things that used to be sold for Microsoft Points - in-app purchases, game items, and other junk. Those are low-risk items for Microsoft - they cost little or nothing to make, and have no resale value.

I love the fact that you failed to buy bitcoin in 2011, failed to get rich despite being on the scene in the early years when bitcoins cost pennies.

To be so spectacularly wrong and still keep posting negative crap about btc when the second biggest company in the world embraces bitcoin shows a particular brand of stupidity like no other.

How much are you dying to say, 'see I told you so!'? Ha.

[truetalkci]

Microsoft: "You can’t use Bitcoin to purchase Microsoft products and services directly at this time." Microsoft is using Bitcoin for the things that used to be sold for Microsoft Points - in-app purchases, game items, and other junk. Those are low-risk items for Microsoft - they cost little or nothing to make, and have no resale value.

I love the fact that you failed to buy bitcoin in 2011, failed to get rich despite being on the scene in the early years when bitcoins cost pennies.

To be so spectacularly wrong and still keep posting negative crap about btc when the second biggest company in the world embraces bitcoin shows a particular brand of stupidity like no other.

How much are you dying to say, 'see I told you so!'? Ha.

enjoy your 70% and keep dropping investment!

[bitcool]

Microsoft: "You can’t use Bitcoin to purchase Microsoft products and services directly at this time." Microsoft is using Bitcoin for the things that used to be sold for Microsoft Points - in-app purchases, game items, and other junk. Those are low-risk items for Microsoft - they cost little or nothing to make, and have no resale value.

I love the fact that you failed to buy bitcoin in 2011, failed to get rich despite being on the scene in the early years when bitcoins cost pennies.

To be so spectacularly wrong and still keep posting negative crap about btc when the second biggest company in the world embraces bitcoin shows a particular brand of stupidity like no other.

How much are you dying to say, 'see I told you so!'? Ha.

Pretty sure that won't be his last words on deathbed, I feel sorry for the shorts.

[solitude]

Microsoft recently add one more way to accept USD from bitpay company, however many fake news about "it is accepting bitcoin" came out and some of us buy this troll,

The bitcoin price is going to crash even harder after this "delay" caused by fake news same as PayPal made their announcement, you know what happened about the price crash

Microsoft does not accept bitcoin
Microsoft does not hold any bitcoins you pay to bitpay company
Crash incoming!

Chaim pls go, you have more funny money to print...

[bitcon]

i got into BTC when years ago it first hit $32.    then i watched it plummet down to around $3 or $4.  so %80 drops are not unusual.  if you have no faith in BTC why are you even here?    is your life so pathetic that you have to try to crap on everyone else's parade with your claims of scam and ponzi scheme?  we don't need your warnings.  we've been through these dips before.  ciao. 

[truetalkci]

i got into BTC when years ago it first hit $32.    then i watched it plummet down to around $3 or $4.  so %80 drops are not unusual.  if you have no faith in BTC why are you even here?    is your life so pathetic that you have to try to crap on everyone else's parade with your claims of scam and ponzi scheme?  we don't need your warnings.  we've been through these dips before.  ciao.  

history doesn't have to happen again, this time might be the end of bitcoin, ready to lose everything in this periodically dropping market? or
face the reality?

[p2pbucks]

   ... really hope your sweet dream comes true