Topic: Monday Afternoon (US Time), Where is this this big phucking 'announcement'? - page 2. (Read 4731 times)

I'm not really seeing a big impact from IKEA accepting Bitcoin at this time, beyond the immediate PR for Bitcoin of course.

Expedia is not the announcement.

There is another big one coming.

If you read what i wrote in the 3-4 messages i wrote on this, you would have seen that it was a BitPay conference call.

Expedia is with Coinbase.

Expedia is huge.  And notice - the price hasn't budged.  

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I just met with Jeff in person, five minutes ago at the Clevelander Hotel to give him a batch of yBitcoin magazines to put in the lobby of the hotel.

The information was given to me in confidence, but I can confirm that its legit.

As for "how big" - i can finally give you an intelligent analogy.

Expedia announcement is huge.  And in light of that announcement, this company may make you scratch your head as to why they're better for Bitcoin.

But the key is, they're a big company.  

Expedia's value is 8.8 Billion.   This company's value is more than 11 Billion.

Its just a *completely* different demographic.   And I think they have their hands dipped into several commercial interests.

Either way - these two companies in one week will likely be Bitcoins biggest "Merchant Adoption Week".

-B-

I hope the PR does the trick.

I guess it's not just bullish in and of itself that the online media headlines smear "Expedia to accept bitcoin!" broadcast to tens of millions of new people who have heard of bitcoin but have never bought any?  Or to tens of millions of new people who have never heard of bitcoin, but see these news headlines for the first time?  How do you think the bitcoin userbase grows, by magic?

As I said 2 days ago, I don't know why this is that big a deal.  They already had a payment processor for them that accepted Bitcoins.  This just pulls that into their own company.  Anyway, I'm hoping this means they actually stick Bitcoins as a publicly-visible option on their main website.  Otherwise, nothing changes.

lol a true rumor? I'm impressed 

Jup. That's the news.

Sorry Mat for the earlier comment... Guess once in a while, a "source" can be right...

This is quite big news!
A big step forwards tourism with bitcoin.
I hope they expand it to their plane tickets service. That would be huge.

Would it be Expedia accepting bitcoin? http://www.reddit.com/r/Bitcoin/comments/27vc4x/expedia_starts_accepting_bitcoin_for_hotel/

Looks like this was the news, not sure it's that big of a deal though:
http://www.reddit.com/r/Bitcoin/comments/27pnvg/bitpay_names_visa_veteran_tim_byun_as_chief/

Naw.  Expedia is going to accept Bitcoin.  I don't see why it's such a big deal though.

Perhaps this is the beginning?

http://www.businessinsider.com/paypal-president-david-marcus-joins-facebook-2014-6

It's still monday...  Too bad, I was looking forward to it.  Reddit post knight22 posted implied a big travel site taking it.  If this were true my guess would be Kyak based on the oddness of their commercials.  But at this point I'm just feeding a rumor which seems to have no foundation.

I think the rumor started with this post on reddit:

http://www.reddit.com/r/Bitcoin/comments/2753pe/well_known_travel_site_is_going_to_accept_btc/

Then I've read somewhere else (can't find the post) that this "major travel company" will make an announcement by Monday.

Basically just a load of unverifiable crap...

That made me stressed just reading it. I settle on being 10-15% underwater for a few weeks myself rather than be checking things by the minute but that's just me.

If Bitcoin can take out $665 on strong volume, then I am back in.......if I happen to be awake and paying attention when it happens (I have slept through a planned buy-in zone recently during run up.....fkn Bitstamp and their utter shite trading options!). This means that I will buy in $20 more expensive than I just sold but that is ok. If I had just stuck to trading on confirmations of breaks instead of trying to 'get a steal' on the spot price or catch falling knives (actually got it once with in $5 of bottom but didn't trust myself enough so sold for a $5 profit), then I would have retained 100% of the profit I made on the way instead of pissing everything all over my feet.

I agree that at some point in the near future, that Bitcoin is 'probably' going to take off, proper. But is also looking likely that a whole bunch of leveraged longs are gonna get squeezed out their positions before Bitcoin will be able to take it's next leg up. And since I have no guarantee that Bitcoin is going to hit the stratosphere, I am unwilling to take dangerous gambles with my capital as I know what I am likely to do should Bitcoin correct down to $550 or something and hang about there long enough for the bearish market prognosis to surface and permeate the community. I would do a phucking Veronica!

Doing things this way, I risk missing out on a bit of upside, but also avoid the risk of suffering down side and the stress involved with sitting underwater in a high risk investment with what is still a significant amount of cash to me.

Matt...... Really?





Uuuuuhggg


You know it could take off at anytime, and you are taking a big risk - one I would obviously not be taking....

That said..., I do think the market will be playing with us for a few more weeks until all this "inevitability" and cockyness drops away - just enough to catch folks off guard.....and then wham...

News (even from big Miami party planners ) is pretty much irrelevant - until the market wants it to be relevant...

Good luck, mate.

Well, with bitcoin one of the best things i have learnt is to be patient.. there will be news, its just a matter of time i think.

We are proud to announce to you... that Mt.Gox 2.0 is now online! 

And BOOM! market crash! LOL! 

Source of the announcement:



https://www.facebook.com/jeffturgeau.clevelander

I don't know Jeff personally, but he is the lead marketing / events manager at Clevelander, which, as people who've been to Miami know, is a legitimate operation in South Beach.   He coordinated the Clevelander being the first hotel in Miami to accept Bitcoin, and hosted the Ethereum / Bitcoin "after party" at Clevelander rooftop during the conference weekend.  

http://finance.yahoo.com/news/bitpay-sponsors-north-american-bitcoin-174400124.html
"Building on the recent success of the European Bitcoin Convention, the NABC will hit Miami Beach on the 25th and 26th of January, 2014. In support of the bitcoin conference and community, the Clevelander Hotel, through BitPay, will allow bitcoiners to pay for their room, food and drinks with bitcoin!   “We have a strong partnership with the Miami Beach Convention Center, when they signed the conference the marketing manager connected me directly with the organizer and the rest is history,” said Jeff Turgeau, Event Sales Manager for Clevelander. “I immediately recognized the profound opportunities accepting bitcoin will create in increasing our revenues and was sold with the initial conversation.” "

He said he was on a conference call with BitPay last week for some more upcoming events, and the information was divulged to him.

As I have said from the beginning - "big announcement" is subjective.  Who knows what he considers "huge".   I did however take him to task by saying the following:  "If anything qualified as huge, it would have been the eBay/PayPal announcement last week, and the price didn't move much.  Is this bigger than that?"   His response was:  "eBay and PayPal are only online services.  This is something that could benefit everyone.  I don't have the details on how they will be incorporating it, but someone big will be."  When I reiterated that the price didnt move much just on an announcement of future incorporation with Ebay - he clarified that the price itself may take time to move.  I assume he recognizes that the thing that moves price is actual commerce, consumer adoption, and demand for bitcoins.  Right now we are in merchant adoption phase, which does not equal consumer adoption and commerce.  

That's everything I know folks.   But Jeff is legit, and I can't think of a reason why he would lie about the BitPay call or the news.  I doubt with 9 "likes" on his status, he was planning to shake the Bitcoin price with a fake announcement.  If something was said on a BitPay phone call, the question is whether his interpretation would match yours or mine.   Anyone's guess.

-B-