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

bryant.coleman

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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

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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

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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

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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

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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

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

LiteCoinGuy

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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

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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

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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

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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

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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

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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

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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

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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

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

bitbouillion

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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

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

LiteCoinGuy

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

_smudger_

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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

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

great news i guess Wink

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