Expedia Accepting Bitcoins - page 3.

ShakyhandsBTCer

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It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: gondel on June 18, 2014, 08:00:17 AM

Hello,
From Expedia said that they will only accept BTC for the offers for Hotels . Also they will hold BTC for up to 24 Hours and then exchange it to USD. This is a big step, but they are still scared of the investment and dont want to hold BTC for the moment. May be it will be better if they hold for more time. BTW can I book with BTC for offers for hotels from my country ( I am from Bulgaria)? Are they putting higher price then the original?
BR

they don't hold it because they have nothing they can do with it. They need to use the majority of their money from bookings to pay the hotel.

boumalo

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Quote from: gondel on June 18, 2014, 08:00:17 AM

Hello,
From Expedia said that they will only accept BTC for the offers for Hotels . Also they will hold BTC for up to 24 Hours and then exchange it to USD. This is a big step, but they are still scared of the investment and dont want to hold BTC for the moment. May be it will be better if they hold for more time. BTW can I book with BTC for offers for hotels from my country ( I am from Bulgaria)? Are they putting higher price then the original?
BR

Yes only for hotels booking right now

Quote

Another day, another company accepting bitcoin in an attempt to cash in on the craze. This time it’s Expedia the travel booking site that’s accepting the virtual currency for hotel bookings. They’re working directly with Coinbase to accept and then convert the BTC into dollars as soon as they hit the travel agent’s coffers.

“While they haven’t officially announced anything aside from hotels, Expedia does plan to eventually expand bitcoin payments to its other lines of business including flights, activities, car rentals, etc as well,” wrote an Expedia spokesperson. “The biggest question is really just around when – and the timing all depends on how well it goes with hotels to start.”

Where did you see they wait for 24h before exchanging them to cash?

gondel

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Hello,
From Expedia said that they will only accept BTC for the offers for Hotels . Also they will hold BTC for up to 24 Hours and then exchange it to USD. This is a big step, but they are still scared of the investment and dont want to hold BTC for the moment. May be it will be better if they hold for more time. BTW can I book with BTC for offers for hotels from my country ( I am from Bulgaria)? Are they putting higher price then the original?
BR

guybrushthreepwood

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I've used Expedia a couple of times over the past few years. I look forward to using bitcoin on it. Always great to see more companies popping up accepting bitcoin as it gets us that little bit closer to mainstream adoption and actually being able to spend our coins on something worthwhile.

boumalo

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Quote from: haploid23 on June 16, 2014, 01:25:07 PM

Quote from: jjc326 on June 11, 2014, 09:29:57 AM

I think everyone has started accepting it since it's come down in price, right? I wonder what would happen if Bitcoin went down to like $100/BTC?

And how did you come to this conclusion? Price has nothing to do with merchants accepting bitcoin. Currently most merchants that accept btc as payment, just immediately cash them out to fiat so price does not matter.

More merchants accepting bitcoins mean more merchants believing Bitcoin is useful, used and will be used more so it is a good sign

Also, more merchants accepting bitcoins mean there are more ways to spend your bitcoins so having bitcoins is more useful thus more valuable

haploid23

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Quote from: jjc326 on June 11, 2014, 09:29:57 AM

I think everyone has started accepting it since it's come down in price, right? I wonder what would happen if Bitcoin went down to like $100/BTC?

And how did you come to this conclusion? Price has nothing to do with merchants accepting bitcoin. Currently most merchants that accept btc as payment, just immediately cash them out to fiat so price does not matter.

boumalo

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Quote from: haploid23 on June 16, 2014, 04:21:31 AM

Wow expedia accepting bitcoin is actually pretty huge, as they are one of the larger travel agencies. This will trigger other merchants to also accept bitcoin, otherwise give up the market share.

I've used expedia several times to book trips, and next time will definitely be using btc to pay.

Expedia customers will see the Bitcoin logo and those who know about Bitcoin may decide to have 0.5 or 1BTC ready as an alternate form of payment

haploid23

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Wow expedia accepting bitcoin is actually pretty huge, as they are one of the larger travel agencies. This will trigger other merchants to also accept bitcoin, otherwise give up the market share.

I've used expedia several times to book trips, and next time will definitely be using btc to pay.

boumalo

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Quote from: keithers on June 15, 2014, 06:59:50 PM

Quote from: boumalo on June 15, 2014, 05:45:26 PM

Quote from: ShakyhandsBTCer on June 12, 2014, 05:47:50 PM

Quote from: jjc326 on June 11, 2014, 09:29:57 AM

Wow all these new merchants, it really is like online merchants are interested in BTC. I think everyone has started accepting it since it's come down in price, right? I wonder what would happen if Bitcoin went down to like $100/BTC?

I don't think it is because bitcoin has decreased in price, I think it is because it has become more widely held and users have requested that it be accepted. Many companies will not just start accepting a new payment method without first understanding how it works at a very deep level.

Companies that accept it are still pioneers : it just started to get widespread; when enough people will use it most companies will accept it, not the other way around

I agree here. Companies are much more likely to accept it when their customers keep asking for it. Companies with slim profit margins (like overstock), will be the first to jump aboard, because a few extra percent of profit is huge to them.

Companies do what is profitable for them and try to lower prices, lower costs and have happy customers, the number of persons using bitcoins is growing quite rapidly

keithers

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This is the land of wolves now & you're not a wolf

Quote from: boumalo on June 15, 2014, 05:45:26 PM

Quote from: ShakyhandsBTCer on June 12, 2014, 05:47:50 PM

Quote from: jjc326 on June 11, 2014, 09:29:57 AM

Wow all these new merchants, it really is like online merchants are interested in BTC. I think everyone has started accepting it since it's come down in price, right? I wonder what would happen if Bitcoin went down to like $100/BTC?

I don't think it is because bitcoin has decreased in price, I think it is because it has become more widely held and users have requested that it be accepted. Many companies will not just start accepting a new payment method without first understanding how it works at a very deep level.

Companies that accept it are still pioneers : it just started to get widespread; when enough people will use it most companies will accept it, not the other way around

I agree here. Companies are much more likely to accept it when their customers keep asking for it. Companies with slim profit margins (like overstock), will be the first to jump aboard, because a few extra percent of profit is huge to them.

koshgel

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The more companies accept bitcoin, the more legitimacy it gains. Don't want to always associate bitcoin with Silk Road and drugs

boumalo

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Quote from: ShakyhandsBTCer on June 12, 2014, 05:47:50 PM

Quote from: jjc326 on June 11, 2014, 09:29:57 AM

Wow all these new merchants, it really is like online merchants are interested in BTC. I think everyone has started accepting it since it's come down in price, right? I wonder what would happen if Bitcoin went down to like $100/BTC?

I don't think it is because bitcoin has decreased in price, I think it is because it has become more widely held and users have requested that it be accepted. Many companies will not just start accepting a new payment method without first understanding how it works at a very deep level.

Companies that accept it are still pioneers : it just started to get widespread; when enough people will use it most companies will accept it, not the other way around

ShakyhandsBTCer

sr. member

Activity: 448

Merit: 250

It's Money 2.0| It’s gold for nerds | It's Bitcoin

Quote from: jjc326 on June 11, 2014, 09:29:57 AM

Wow all these new merchants, it really is like online merchants are interested in BTC. I think everyone has started accepting it since it's come down in price, right? I wonder what would happen if Bitcoin went down to like $100/BTC?

I don't think it is because bitcoin has decreased in price, I think it is because it has become more widely held and users have requested that it be accepted. Many companies will not just start accepting a new payment method without first understanding how it works at a very deep level.

Mikez

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This is actually quite big. More and more big businesses start accepting Bitcoin. These are great times to live in!

amitrwt

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So the adoption is spreading like a wild fire..! quite fascinating

littlewizard

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Seems i can plan a holiday in expedia.. Cheesy

ejinte

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They'll save a lot of money thanks to this. They're very smart those guys on expedia. Apparently they're using coinbase as their service.

blatchcorn

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I am booking a holiday to the moon

boumalo

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Quote from: LavaWave on June 11, 2014, 10:21:14 AM

I don't think price would have anything to do with it, but seeing these companies starting to accept it is great news!

It seems like it is taking a while but it only picked up 7months ago and the media and politicians are trying to make us believe that there is a recovery and the financial system is sound again when it is not

LavaWave

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I don't think price would have anything to do with it, but seeing these companies starting to accept it is great news!

Topic: Expedia Accepting Bitcoins - page 3. (Read 3694 times)