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Topic: Zynga.com starts accepting Bitcoin ! - page 2. (Read 3122 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
January 04, 2014, 03:51:15 PM
#29
Zynga needs to hurry up and include bitcoin in their Poker game. Now THAT would be something!

that would be a huge news for both bitcoin and zynga, but unfortunately with our laws at least US side won't be seeing this happening till online gambling regulations turn 180


Yes, stupid regulations... I bought Zynga stock for $9 in 2011 (or 2012) hoping this online gambling thing would kick off and raise the stock price, but I crashed and burned and ended up selling everything for $4 a few months ago. It was painful... but I put that money in bitcoin so it's at a better place.

Can Zynga allow poker to be played with bitcoin in other countries though? Countries where the gov doesn't recognize bitcoin as a currency for example, or where online gambling is legal. That would be good for both Zynga and bitcoin too.
hero member
Activity: 588
Merit: 500
January 04, 2014, 03:16:39 PM
#28
Good news for BTC's. If Netflix join them and Overstocks actually accept BTC's later there will be a wider use and acceptance and possibly a jump in the Bitcoin Price Tongue .
hero member
Activity: 622
Merit: 500
January 04, 2014, 02:38:51 PM
#27
hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

IMO they are accepting bitcoin directly.  The most convenient and cost efficient method to accept bitcoin is to use an established service such as bitpay instead of trying to develop the system themselves with their own wallet.  Although they will likely turn their revenue into USD, they are opening their services up to an entirely new base of users that they did not have before:  bitcoin users.
legendary
Activity: 1204
Merit: 1002
January 04, 2014, 02:30:08 PM
#26
Zynga is getting desperate. They had a bad year; laid off 520 people. Their stock is around $4, from a high of $15 in 2012.
legendary
Activity: 1050
Merit: 1000
January 04, 2014, 02:18:46 PM
#25
Zynga needs to hurry up and include bitcoin in their Poker game. Now THAT would be something!

that would be a huge news for both bitcoin and zynga, but unfortunately with our laws at least US side won't be seeing this happening till online gambling regulations turn 180
legendary
Activity: 1330
Merit: 1000
dafar consulting
January 04, 2014, 01:59:59 PM
#24
Zynga needs to hurry up and include bitcoin in their Poker game. Now THAT would be something!
hero member
Activity: 577
Merit: 500
January 04, 2014, 01:59:46 PM
#23
This could be BIG Grin for BTC
hero member
Activity: 518
Merit: 500
January 04, 2014, 01:53:12 PM
#22


That's not what I said at all.  I'm saying that when you pay your € to a vendor through a payment provider, we don't say that they are accepting € but that they are accepting payments through payment provider.  The third party payment provider is accepting the currency.

The point is if the customer can pay in Bitcoin. It doesn't matter what happens after that.  So if a merchant has someone process their Visa and MC payments, then they don't take credit cards?   That is a little different, but it's still the fact that if you can pay for something with bitcoin, then that merchant accepts bitcoin.
newbie
Activity: 18
Merit: 0
January 04, 2014, 01:50:11 PM
#21
netflix spotify valve ohmy
sr. member
Activity: 245
Merit: 250
January 04, 2014, 01:45:31 PM
#20
This is a big news

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 
So since i'm european zynga should accept my euro and not convert them in dollars? They should also accept pound sterling without converting them? Accepting the other hundreds currencies without converting them?

That's not what I said at all.  I'm saying that when you pay your € to a vendor through a payment provider, we don't say that they are accepting € but that they are accepting payments through payment provider.  The third party payment provider is accepting the currency.

And what would they be supposed to do with bitcoin? Pay taxes? Pay salaries?

Well yes, thats what alot are advocating.  This is rather the point, until companies do take payments and make payments to suppliers and staff in BTC, its not widely being recognised fully as a currency. 
staff
Activity: 3304
Merit: 4115
January 04, 2014, 12:39:32 PM
#19
More good news I see. More and more bigger companies are noticing and investing/accepting Bitcoin. Great news.
hero member
Activity: 518
Merit: 500
January 04, 2014, 12:37:19 PM
#18
Users             240 million monthly active users, 15.1 million daily active

240 million active users? Is this for real? If so, we can't even dream of any better publicity than this one. Thanks Zynga!

And Gox broke out and went up $40 this morning...probably related to some extent.   This is only the beginning too, as we all know.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
January 04, 2014, 12:33:47 PM
#17
This is a big news

hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 
So since i'm european zynga should accept my euro and not convert them in dollars? They should also accept pound sterling without converting them? Accepting the other hundreds currencies without converting them? And what would they be supposed to do with bitcoin? Pay taxes? Pay salaries?
legendary
Activity: 1316
Merit: 1000
January 04, 2014, 12:05:28 PM
#16
cool
legendary
Activity: 892
Merit: 1013
January 04, 2014, 10:37:55 AM
#15
Users             240 million monthly active users, 15.1 million daily active

240 million active users? Is this for real? If so, we can't even dream of any better publicity than this one. Thanks Zynga!
if true this is the wordpress of 2014.
legendary
Activity: 3766
Merit: 1217
January 04, 2014, 10:36:12 AM
#14
Users             240 million monthly active users, 15.1 million daily active

240 million active users? Is this for real? If so, we can't even dream of any better publicity than this one. Thanks Zynga!
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
January 04, 2014, 10:19:14 AM
#13
nice news and cool video. very smooth transaction.

some infos about the company:

Revenue                     IncreaseUS$1.14 billion (2011)[2]
Operating income    DecreaseUS$-406 million (2011)[2]
Net income            DecreaseUS$-404 million (2011)[2]
Total assets           IncreaseUS$2.517 billion (2011)[2]
Total equity           IncreaseUS$1.75 billion (2011)[2]
Employees            2,846 (Dec 2011)[2]
Website                  company.zynga.com
 

 
Alexa rank    Decrease 2,123 (November 2013)[3]

Users             240 million monthly active users, 15.1 million daily active
sr. member
Activity: 364
Merit: 250
January 04, 2014, 09:55:44 AM
#12
hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

People can pay with bitcoin, that's still "accepting" bitcoin as a payment.  For many/most companies it makes sense to use a payment processor because they help reduce the negatives/risks of volatility with bitcoin and they provide instant transactions on most transactions and will eat the loss if a double spend happens , this alone is two big reasons why it makes great sense to use a payment processor.
full member
Activity: 168
Merit: 100
January 04, 2014, 09:43:26 AM
#11
hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 

I fully agree with you that business should go "full BTC" by actually having a wallet. But let's not forget that any business that begins to accept BTC, no matter how they process it on their end, is good for BTC in general.

Besides, from a business perspective, if you don't want to play with BTC's market swings, converting to $ as a transaction comes through makes sense.
sr. member
Activity: 245
Merit: 250
January 04, 2014, 09:31:19 AM
#10
hmmm.... Another story saying a business will accept Bitcoins when actually they are using Bitpay as a payment processor.  If i pay US based Widget Inc £100 for good through Paypal, does that mean they are accepting payments in £, or just providing a method for my £ to be transfered to their $ account easily? 

Maybe its just semantics, but in my view a business isn't accepting BTC unless they are taking a BTC transaction directly to their wallet. 
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