[2014-05-29] DISH Becomes Largest Company to Accept Bitcoin

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: freedomno1 on June 02, 2014, 11:03:49 PM

You know the media, sometimes they focus on it sometimes they skip things.
I'm sure we will see a lot of this type of news later when they catch up.

Hmm.. I was just comparing the media coverage on this announcement and comparing it to that when Zynga, Wordpress and Overstock made similar announcements on Bitcoin.

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: bryant.coleman on May 31, 2014, 11:22:04 PM

If we look at the volume of transactions, it is clear that DISH is much bigger than any of the currently existing pro-Bitcoin retailers (including Overstock). But still, this news has not received as much coverage as it deserves from the mainstream media. Angry

You know the media, sometimes they focus on it sometimes they skip things.
I'm sure we will see a lot of this type of news later when they catch up.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

If we look at the volume of transactions, it is clear that DISH is much bigger than any of the currently existing pro-Bitcoin retailers (including Overstock). But still, this news has not received as much coverage as it deserves from the mainstream media. Angry

acs267

hero member

Activity: 644

Merit: 500

I think Dish accepting it kind of boosted up the price a little, well the Media coverage, at least. And they're going to start on July 1st, right?

tins

hero member

Activity: 882

Merit: 500

Quote from: _smudger_ on May 29, 2014, 06:16:18 AM

http://online.wsj.com/article/PR-CO-20140529-905983.html

This is amazing. Great way to win over some customers from Direct TV. If DISH can steals away enough customers from Direct TV, it may cause Direct TV and their parent company (AT&T) to decide to accept BTC as a payment method as well.
Really huge deal to begin with...but this could turn into the biggest thing to ever happen to bitcoin.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

http://www.bloomberg.com/video/how-coinbase-partnered-with-dish-Nn_kUPvHTbyyMnnGLhvC5A.html

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

also here:

http://www.bloomberg.com/video/will-dish-bitcoin-payments-help-the-currency-VU9b1oqeS3mLPnXfEBfhOg.html

cant believe that there are 4 people on bloomberg that are ALL PRO BTC - lol .... times moved fast.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

Quote from: smoothie on May 29, 2014, 03:41:17 PM

It would not surprise me if At&t, Verizon, etc started accepted bitcoin within ONE YEAR from now.

Toooo Dah Moooohn!

da Mooooohn? to daaaa MAArrSSSS!

@bryant.coleman

thx Wink

. there are alot of companys in the world that "nobody" knows but which are big companys in their field.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: LiteCoinGuy on May 29, 2014, 06:27:45 AM

never heard of "dish" but maybe its a us thing

DISH is a true technological giant. One of the biggest stocks (in terms of market cap) in the NASDAQ exchange. Grin

http://www.google.com/finance?q=NASDAQ%3ADISH&ei=psCIU-CtEMejkgWs84DgCw

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Since it was in the Bitcoin Discussion thread secondary link
http://www.coindesk.com/dish-becomes-worlds-largest-company-accept-bitcoin/

Anyways Dish Network advertises a lot so most Americans and Canadians have a brand familiarity with their company
(Advertising on Cable)

Still its great news.

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

But let's not forget that it could actually hurt short term bitcoin price if they use coinbase to just swap it all for USD.

http://www.geekcipher.com/technology/dish-network-to-accept-bitcoin/

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

It would not surprise me if At&t, Verizon, etc started accepted bitcoin within ONE YEAR from now.

Toooo Dah Moooohn!

GenTarkin

legendary

Activity: 2450

Merit: 1002

This is going to fucking OWN! ... BITCOIN is going to fucking OWN!, well it does already but even more so once companies of this magnitude begin to embrace it! Bitcoin to the masses!!!!!!!!! GO GO GO!

Im excited, cant ya tell?

BCwinning

hero member

Activity: 770

Merit: 500

Hope it stays, direct tv was in talks to buyout dish tv and at&t is buying direct tv.
So if it stays on when and if they are bought out it would be a very very good thing.

chanz

sr. member

Activity: 298

Merit: 250

This is a huge news, one tech giant is all we need.

bitbouillion

sr. member

Activity: 868

Merit: 250

This makes sense especially for pay-per-view micropayments. If you get only $0.99 for a single content feed, fees of traditional payment processors cut your margins a lot. And it looks like they decided against setting up their own payment system like on iTunes or Amazon.

Bitcoin - the way to go.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

http://online.wsj.com/articles/dish-network-to-accept-bitcoin-payments-1401363621

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

http://www.bloomberg.com/video/dish-network-to-accept-customer-bitcoin-payments-1QPKlmXwSYaxoyX6aRFJNA.html

_smudger_

full member

Activity: 163

Merit: 100

Quote from: chennan on May 29, 2014, 08:16:21 AM

Quote from: bangalore on May 29, 2014, 07:05:29 AM

this surely creates competion with other tv networks to accept bitcoin

absolutely! Once DISH attracted more customers who would rather choose pay by btc, other same type companies would have to provide btc payment for customers.

Exactly a lot of other companies might be wondering why bother but it took Overstock one week to implement acceptance of Bitcoin, once merchants realize this then what have they got to lose.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

http://www.coindesk.com/dish-becomes-worlds-largest-company-accept-bitcoin/

great news i guess Wink

Topic: [2014-05-29] DISH Becomes Largest Company to Accept Bitcoin (Read 2048 times)