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Topic: Microsoft does NOT accept Bitcoin! Price downtrend continues - page 2. (Read 4925 times)

member
Activity: 97
Merit: 10
...
That could work for those with cash. ...

So we can forget about that Bitcoin ATM, huh?
K.  We've narrowed our target demographic to under-18 gamer kids, without cash, who make Bitcoin online.  That's pretty specific.
How many do you suppose that is?  
At least 1, as you are paid in bitcoins for trolling.
sr. member
Activity: 378
Merit: 254
...
That could work for those with cash. ...

So we can forget about that Bitcoin ATM, huh?
K.  We've narrowed our target demographic to under-18 gamer kids, without cash, who make Bitcoin online.  That's pretty specific.
How many do you suppose that is?  
sr. member
Activity: 364
Merit: 250
The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?



Your assumption that kids steal their parents credit cards to fund their activities is flawed.  Many kids have cash and don't want to ask their parents every time they wish to spend it online.  A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online.  They won't keep it all in a Microsoft account, since that cannot be withdrawn.

A simple trip to a store would get them a cash card/prepaid CC.  Those can be spent in more places on and offline Smiley  Or, you know, just get xbox card.
Re: "won't keep it all in a Microsoft account, since that cannot be withdrawn":  They have to fund their MS account to use BTC.  That's the only way MS accepts BTC.

That could work for those with cash.  But you can avoid the trip to the store after receiving Bitcoin online if you just use the Bitcoin directly.  That implies the target demographic is truly those who earn Bitcoin, such as through tips or providing online services in exchange for Bitcoin.
sr. member
Activity: 378
Merit: 254
The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?



Your assumption that kids steal their parents credit cards to fund their activities is flawed.  Many kids have cash and don't want to ask their parents every time they wish to spend it online.  A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online.  They won't keep it all in a Microsoft account, since that cannot be withdrawn.

A simple trip to a store would get them a cash card/prepaid CC.  Those can be spent in more places on and offline Smiley  Or, you know, just get xbox card.
Re: "won't keep it all in a Microsoft account, since that cannot be withdrawn":  They have to fund their MS account to use BTC.  That's the only way MS accepts BTC.
sr. member
Activity: 378
Merit: 254
It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households.

Microsoft is a US company.  When Somalisoft starts accepting Bitcoin, Somali kids will be first in line.
sr. member
Activity: 364
Merit: 250
It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households.

Paypal doesn't accept cash deposits.  Kids can't use paypal or mastercard themselves.  Bitcoin provides a solution.
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
It pisses me off that it's USA only. Fuck the kids in America (Whoa), try one of the countries where paypal and mastercard don't operate in most households. Also whats wrong with going down the local store and picking up a redeemable voucher for cash, probably easier than going to the ATM machine, buying your BTC at a 5% mark up and then waiting for  confirmations before you can then buy your redeemable digital gift voucher, which can then be used to buy a digital product.
sr. member
Activity: 364
Merit: 250
The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?



Your assumption that kids steal their parents credit cards to fund their activities is flawed.  Many kids have cash and don't want to ask their parents every time they wish to spend it online.  A simple trip to a Bitcoin ATM will convert it to a form that can be spent in many places online.  They won't keep it all in a Microsoft account, since that cannot be withdrawn.
sr. member
Activity: 378
Merit: 254
The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.

Interesting, until you think it through:

BTC is not spent directly--it must be added to your MS account.
BTC must be purchased--why would a kid steal mom's credit card to shop for BTC @ circle.com, when he could fund his account directly?
finally, what's wrong with conventional way of doing things?

legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
New account trolling bitcoin positive news badly.

This place is going to be a sea of schadenfreude when you lot get caught short. Lambchop will take his haughty unemployed attitude and evaporate into thin air.

I hope you pathetic creatures cash out a few pennies 'trading' this bear market before you get run over by the inevitable approach of the coming steamroller.

Another day, another of the biggest companies in the world giving bitcoin the nod of legitimacy.


No one is trolling about bitcoin news but perma bulls do, i am just telling the truth story behind fake news

Trolls going to troll.
https://commerce.microsoft.com/PaymentHub/Help/Right?helppagename=CSV_BitcoinHowTo.htm

What you really mean is microsoft are not accepting bitcoin, they accept bitpay/bitpal, one of the central authorities of processing bitcoin transactions for merchants.
sr. member
Activity: 364
Merit: 250
The target market for Bitcoin use by Microsoft is XBox gamers, many of whom are under 18 years of age.  This demographic doesn't have credit cards.  Bitcoin will become the defacto savings and payment method for this demographic.  Cash doesn't do them any good, as they can't spend it online.  Bitcoin is the answer.

Microsoft has capitalized on something big here.  The under-18 demographic has no way to legally spend fiat online.  Now they can spend Bitcoin.  Soon the under-18 demographic will begin keeping their funds in Bitcoin, as it's trapped in unusable form when left as fiat.  Bitcoin will grow from this.  Add to this the powerful educational effect of indoctrination at an early age, and we have a very bullish long-term effect for Bitcoin.
hero member
Activity: 560
Merit: 500
truetalk has been added to my ignore list as well.
newbie
Activity: 14
Merit: 0
New account trolling bitcoin positive news badly.

This place is going to be a sea of schadenfreude when you lot get caught short. Lambchop will take his haughty unemployed attitude and evaporate into thin air.

I hope you pathetic creatures cash out a few pennies 'trading' this bear market before you get run over by the inevitable approach of the coming steamroller.

Another day, another of the biggest companies in the world giving bitcoin the nod of legitimacy.


No one is trolling about bitcoin news but perma bulls do, i am just telling the truth story behind fake news
sr. member
Activity: 378
Merit: 254
Good news everyone!



@Paashaas; inca:  No reason to get upset, just lower your expectations Undecided
legendary
Activity: 1176
Merit: 1000
New account trolling bitcoin positive news badly.

This place is going to be a sea of schadenfreude when you lot get caught short. Lambchop will take his haughty unemployed attitude and evaporate into thin air.

I hope you pathetic creatures cash out a few pennies 'trading' this bear market before you get run over by the inevitable approach of the coming steamroller.

Another day, another of the biggest companies in the world giving bitcoin the nod of legitimacy.
legendary
Activity: 3512
Merit: 4557
The truth is that the SECOND BIGGEST COMPANY IN THE WORLD is accepting Bitcoin. And now, younger kids and teenagers who play Xbox, and use Xbox Live will see a Bitcoin's big, bright, B logo, they'll get interested because they are young and corious and probably the will use the Internet to look it up.

Having younger kids use Bitcoin is huge.

that's what perma bulls keep promising all over the years, "now xx accept bitpay, people will see how good biypay/bitcoin is ..bla bla bla" guess what about the price? it dropped 70% and still going down!
stop trolling out the fake future, stop scamming people!

Noob, you dont know nothing how it works. At a point with so many adoption ppl will stop converting there coins into dollars and use them to buy services/products etc. Do you really think such tech like Blockchain will be rolled out with in a few years...NOOB.

70% is called a correction and it's still above last year...NOOB.

You keep trying Falllling/fewcoins, again i have youre tiny dipschit balls in my hands.

If a mod reading this plz bann this 10th troll acound from Fallling.
newbie
Activity: 14
Merit: 0
no problem for you, there is and will always be much more "out" than "in", that's why bitcoin is going down to $100 and lower, thanks to bitpay/coinbase on helping the capital flight all the way down

You understand that bitcoin started trading around $0, not $1.000.000?

I think he (truetalkci) doesn't understand that situation  Roll Eyes ,  he thinks that the bitcoin price has started from 1k dollars.

So if BTC price goes down to $.01/BTC, still a win.  Amirite?

perma bulls answer: YES, $0.01 per bitcoin is still a WIN! better than nothing and where it started!
rest: Faq it! what a ponzi scheme!
sr. member
Activity: 378
Merit: 254
no problem for you, there is and will always be much more "out" than "in", that's why bitcoin is going down to $100 and lower, thanks to bitpay/coinbase on helping the capital flight all the way down

You understand that bitcoin started trading around $0, not $1.000.000?

I think he (truetalkci) doesn't understand that situation  Roll Eyes ,  he thinks that the bitcoin price has started from 1k dollars.

So if BTC price goes down to $.01/BTC, still a win.  Amirite?
newbie
Activity: 14
Merit: 0
no problem for you, there is and will always be much more "out" than "in", that's why bitcoin is going down to $100 and lower, thanks to bitpay/coinbase on helping the capital flight all the way down

You understand that bitcoin started trading around $0, not $1.000.000?

I think he (truetalkci) doesn't understand that situation  Roll Eyes ,  he thinks that the bitcoin price has started from 1k dollars.

guess what will it end up again?

Quote
you know why bitcoin price is dropping so hard and why bitcoin market is shrinking?
You need to zoom out on the charts.

i don't have to, every ponzi schemes look like the same, started from $0 i know, end up with $0, the bitcoin chart trend does look like so too
legendary
Activity: 1778
Merit: 1043
#Free market
no problem for you, there is and will always be much more "out" than "in", that's why bitcoin is going down to $100 and lower, thanks to bitpay/coinbase on helping the capital flight all the way down

You understand that bitcoin started trading around $0, not $1.000.000?

I think he (truetalkci) doesn't understand that situation  Roll Eyes ,  he thinks that the bitcoin price has started from 1k dollars.
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