Topic: [2014-07-18] Dell Computers now accepting Bitcoin!! (Read 2418 times)
This really is fantastic news. I like some of the others had no idea how big a company Dell was. I can really see them getting a lot of business in bitcoin use and I hope more large companies take note. They have nothing to lose really.
I was actually amazed at how small Overstock's share was, in comparison to Dell.
Market capitalization doesn't mean anything. Overstocks's profit margin is very low, and that is why the share price is lower. The market capitalization is much lower than what the annual revenues indicate. On the other hand, Dell is still making a lot of profit. So the equity price is inflated disproportionately to its annual revenue.
legendary
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Oh that's a convenient chart when I thought Overstock was big .... (realizes its only been a few weeks)
Hot damn I'm sensing some super correction incoming lol.
Hot damn I'm sensing some super correction incoming lol.
I wouldn't take Overstock lightly. It is true that they are struggling, as giants such as Amazon and Ebay are making life extremely hard for them. I have my respect for them. They were one of the first online retailers to accept Bitcoin. They set the precedent, which other companies such as Expedia, Dell, Tigerdirect.etc simply followed.
True enough it takes a good leader to push a company in a new direction, its easy to be a follower behind someone else though.
Overstock is still a good service and has my respect the problem they face is the international shipping costs they have if they could address that their market could grow significantly.
I was actually amazed at how small Overstock's share was, in comparison to Dell. We should adjust the chart to show, what the potential would be, if companies like eBay / Facebook etc. enter the ring. 
Coming months would see other bigger companies coming abroad too, and then things would heat up considerably around here.
Imagine a faucet payout of 1 satoshi soon.
Coming months would see other bigger companies coming abroad too, and then things would heat up considerably around here.
Imagine a faucet payout of 1 satoshi soon.
Oh yeah, this is really good news. Welcome Dell! 
Oh that's a convenient chart when I thought Overstock was big .... (realizes its only been a few weeks)
Hot damn I'm sensing some super correction incoming lol.
Hot damn I'm sensing some super correction incoming lol.
I wouldn't take Overstock lightly. It is true that they are struggling, as giants such as Amazon and Ebay are making life extremely hard for them. I have my respect for them. They were one of the first online retailers to accept Bitcoin. They set the precedent, which other companies such as Expedia, Dell, Tigerdirect.etc simply followed.
I can't wait for Michael Dell to start tweeting all of his far exceeded projected sales figures splugh
legendary
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Leading Crypto Sports Betting & Casino Platform
Many people have proffered the idea that some big boys are keeping the price relatively stable which could be the repairing of the pricing image from the last 8 months of craziness. Hence, more companies and different funds/ETFs are making their way into the ballgame making a perfect storm upon the horizon.
Well as an idea it does make sense that some big players constantly are able to sell enough coins on the market to suppress the upside movements
But at the same time they are holding a percentage of those coins in light of the positive volatility opportunity it presents.
So it could be an interesting 8 months
Many people have proffered the idea that some big boys are keeping the price relatively stable which could be the repairing of the pricing image from the last 8 months of craziness. Hence, more companies and different funds/ETFs are making their way into the ballgame making a perfect storm upon the horizon.
Yea... This is the Big one. Discussion is still open on, if merchants converting bitcoin to fiat, is good or bad for the currency. 
But expect some hardware manufacturers getting in on the Bitcoin wave soon. Custom "Bitcoin enabled" Notebooks with fingerprint software linked to online wallets and customized bitcoin scanners.
Bitcoin is now the new "In thing".
But expect some hardware manufacturers getting in on the Bitcoin wave soon. Custom "Bitcoin enabled" Notebooks with fingerprint software linked to online wallets and customized bitcoin scanners.
Bitcoin is now the new "In thing".
IMO, Dell is the most important company to accept Bitcoin till date. (None of the other companies, such as Overstock, Expedia, DISH, Tigerdirect, Newegg.etc could match Dell in terms of revenue or notability).
Only one problem. Why they are limiting this to the US customers only?
Only one problem. Why they are limiting this to the US customers only?
Wow, I had no idea Dell was that huge. I've got an old Dell and it's served me well but I think this announcement is going to push me to buy a new one with my coins as I've been itching to spend them on something and this is perfect.
well that will help profits of mining buy something without conversions.
is Dell UK / International companies also taking bitcoin?
is Dell UK / International companies also taking bitcoin?
I wonder how well they'll do in terms of bitcoin sales?
Not sure if that percentage is right or if it can be applied to a so bigger company but maybe that could be a starting point for further speculations.
EDIT:
Sorry, I was wrong. That 10% was the percentage of BTC from sales that Overstock would take on HOLD.
About the sales numbers, their CEO predicted that Overstock will see a total of $10-15m in bitcoin sales this year. (*)
So, considering that the revenues for the last year were 1.3b, we could speculate on about 1% of sales are BTC transactions. Any Thoughts?
(*) http://www.coindesk.com/overstock-million-bitcoin-sales-future-projections/
Same. I wasn't aware how huge a company it was. Now all we need is ebay.
If I had to choose I would say Paypal, but considering that Ebay owns Paypal, then Ebay should be better.
I wonder how well they'll do in terms of bitcoin sales?
Me too; I didn't realize how much Dell was bigger than the other companies already accepting BTC until I saw that chart.
Though no correction has still happened, at the moment.
Same. I wasn't aware how huge a company it was. Now all we need is ebay.
1LZQcinio7ANZTAJinNyyANeJE478MiAAo
Oh that's a convenient chart when I thought Overstock was big .... (realizes its only been a few weeks)
Hot damn I'm sensing some super correction incoming lol.
Hot damn I'm sensing some super correction incoming lol.
Me too; I didn't realize how much Dell was bigger than the other companies already accepting BTC until I saw that chart.
Though no correction has still happened, at the moment.
Same. I wasn't aware how huge a company it was. Now all we need is ebay.
1LZQcinio7ANZTAJinNyyANeJE478MiAAo
Oh that's a convenient chart when I thought Overstock was big .... (realizes its only been a few weeks)
Hot damn I'm sensing some super correction incoming lol.
Hot damn I'm sensing some super correction incoming lol.
Me too; I didn't realize how much Dell was bigger than the other companies already accepting BTC until I saw that chart.
Though no correction has still happened, at the moment.
legendary
Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Oh that's a convenient chart when I thought Overstock was big .... (realizes its only been a few weeks)
Hot damn I'm sensing some super correction incoming lol.
This is a great news!
People who are looking to buy dell computers and don't know about bitcoins will now try to first learn and acquire bitcoins in order to get that 10% discount.
People who are looking to buy dell computers and don't know about bitcoins will now try to first learn and acquire bitcoins in order to get that 10% discount.
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