NewEgg accepting BTC!? - page 3. | Bitcointalksearch.org

TopherB

member

Activity: 109

Merit: 10

Quote from: beetcoin on July 03, 2014, 03:00:50 PM

Quote from: BadBear on July 03, 2014, 02:05:53 PM

Quote from: BorderBits on July 03, 2014, 12:33:28 PM

You're ignoring a huge difference between real money and BTC. A business cannot risk actually touching BTC, as their banks would likely stop doing business with them. They also risk becoming a target of launderers, and thus risk criminal investigation. Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.

You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink

.

Sorry for feeding the troll, I'll stop.

i'm not quite sure if he's a troll, but he's definitely wrong. overstock has hoarded some bitcoins, and im sure banks are still working with them.

Banks court big business not the other way around.

seriouscoin

hero member

Activity: 658

Merit: 500

Quote from: aztecminer on July 03, 2014, 04:16:56 PM

Quote from: BorderBits on July 03, 2014, 12:33:28 PM

Quote from: BadBear on July 03, 2014, 01:01:16 AM

Quote from: BorderBits on July 03, 2014, 12:42:01 AM

LOL! this community is funny. Nope, they're not taking BTC. They're taking USD from Bitpay. Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

You're ignoring a huge difference between real money and BTC. A business cannot risk actually touching BTC, as their banks would likely stop doing business with them. They also risk becoming a target of launderers, and thus risk criminal investigation. Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.

hmmm... yet us election candidates can accept and touch bitcoins for donations to their campaigns and not have these same problems and risks ??

The idiot doesnt even know what real money is..... why even bother?

I swear i can teach my old dog a new trick b4 he would realize how dumb he sounded.

aztecminer

legendary

Activity: 1092

Merit: 1000

Quote from: BorderBits on July 03, 2014, 12:33:28 PM

Quote from: BadBear on July 03, 2014, 01:01:16 AM

Quote from: BorderBits on July 03, 2014, 12:42:01 AM

LOL! this community is funny. Nope, they're not taking BTC. They're taking USD from Bitpay. Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

You're ignoring a huge difference between real money and BTC. A business cannot risk actually touching BTC, as their banks would likely stop doing business with them. They also risk becoming a target of launderers, and thus risk criminal investigation. Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.

hmmm... yet us election candidates can accept and touch bitcoins for donations to their campaigns and not have these same problems and risks ??

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: BadBear on July 03, 2014, 02:05:53 PM

Quote from: BorderBits on July 03, 2014, 12:33:28 PM

You're ignoring a huge difference between real money and BTC. A business cannot risk actually touching BTC, as their banks would likely stop doing business with them. They also risk becoming a target of launderers, and thus risk criminal investigation. Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.

You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink

.

Sorry for feeding the troll, I'll stop.

i'm not quite sure if he's a troll, but he's definitely wrong. overstock has hoarded some bitcoins, and im sure banks are still working with them.

BadBear

legendary

Activity: 1652

Merit: 1128

Quote from: BorderBits on July 03, 2014, 12:33:28 PM

You're ignoring a huge difference between real money and BTC. A business cannot risk actually touching BTC, as their banks would likely stop doing business with them. They also risk becoming a target of launderers, and thus risk criminal investigation. Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.

You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink

.

Sorry for feeding the troll, I'll stop.

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: keithers on July 03, 2014, 01:10:42 AM

I have never shopped at newegg, but from what i have seen about the company, it looks really good for BTC. I checked out the website, I like how they announce BTC adoption right on the homepage. A lot of the larger corporations that started accepting BTC (like Dish Network), did not do that...

man, you're from CA but never shopped at newegg? what is with that? outside of amazon, newegg is probably the biggest internet retailer in america. maybe you don't want to pay the 9% sales tax though.

BorderBits

sr. member

Activity: 275

Merit: 250

Quote from: BadBear on July 03, 2014, 01:01:16 AM

Quote from: BorderBits on July 03, 2014, 12:42:01 AM

LOL! this community is funny. Nope, they're not taking BTC. They're taking USD from Bitpay. Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

You're ignoring a huge difference between real money and BTC. A business cannot risk actually touching BTC, as their banks would likely stop doing business with them. They also risk becoming a target of launderers, and thus risk criminal investigation. Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.

redmetal

full member

Activity: 160

Merit: 100

If only NewEgg where competitive in Australia, more companies accepting Bitcoins the better!

keithers

legendary

Activity: 1456

Merit: 1001

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

I have never shopped at newegg, but from what i have seen about the company, it looks really good for BTC. I checked out the website, I like how they announce BTC adoption right on the homepage. A lot of the larger corporations that started accepting BTC (like Dish Network), did not do that...

BadBear

legendary

Activity: 1652

Merit: 1128

Quote from: BorderBits on July 03, 2014, 12:42:01 AM

LOL! this community is funny. Nope, they're not taking BTC. They're taking USD from Bitpay. Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.

Kind of a silly thing to say. You could say the same thing about any payment method that isn't cash in the mail.

"They don't actually take Visa, they let a 3rd party handle it and take cash from the payment processor."

"They don't actually accept Euro, they have their bank convert it and take dollars."

Etc etc for literally any payment method.

What they do on their end is their business. People just want a choice in how to pay, and that isn't a bad thing.

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: BorderBits on July 03, 2014, 12:42:01 AM

LOL! this community is funny. Nope, they're not taking BTC. They're taking USD from Bitpay. Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.

is that the kind of thing you would have said about overstock too? newegg could eventually do what they do, and take out a portion of it.

BorderBits

sr. member

Activity: 275

Merit: 250

LOL! this community is funny. Nope, they're not taking BTC. They're taking USD from Bitpay. Of course they're not actually gonna touch something like BTC, wouldn't make much business sense at all.

DannyElfman

sr. member

Activity: 406

Merit: 250

Quote from: Noruka on July 02, 2014, 08:20:29 AM

Quote from: Light on July 01, 2014, 02:14:00 AM

Holy cow. I thought it would be a bit longer before they implemented it - guess Overstock accepting it was a big turning point for them. Well it's nice to see more major retailers takig Bitcoin seriously, the more merchants there are the more consumers will be interested in it and possibly begin using it.

not too surprising. Tiger Direct has been accepting it for awhile now and I am sure Newegg doesn't like loosing all their potential bitcoin customers to their competition.

Hopefully more sites will realize the potential ability to raise their market share by accepting bitcoin.

JohnFromWIT

member

Activity: 112

Merit: 10

Checked the UK and Australia websites.
There is no option for bitcoin payment at check out unfortunately.
Hopefully this will change in future.

On a side note, delivery in Australia costs a fortune.

nkocevar

sr. member

Activity: 294

Merit: 250

Crap... already bought my gtx 660.... too bad I would have used my bitcoins for this.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: chaosPT on July 02, 2014, 09:09:59 AM

Wow , really ?

Now people can buy computer parts or mining rig with thier BTC straight from a trusted site Shocked

Too bad they are shipping to us uk australia only.
But I still hope that the big guy will change it's view on bitcoin.

You know who I'm talking about:).

chaosPT

hero member

Activity: 896

Merit: 1000

Wow , really ?

Now people can buy computer parts or mining rig with thier BTC straight from a trusted site Shocked

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: Sydboy on July 02, 2014, 07:49:43 AM

i wonder how much shipping to australia would be.
time for a new motherboard,
has anyone from australia bought anything before ?

From what I understand it is only in US right now, could be easily wrong but that is what I thought I read somewhere.....

You can always check yourself by making an account and then when you get to the payment part, if BTC is an option, I guess you can use it.

Noruka

sr. member

Activity: 910

Merit: 253

Quote from: Light on July 01, 2014, 02:14:00 AM

Holy cow. I thought it would be a bit longer before they implemented it - guess Overstock accepting it was a big turning point for them. Well it's nice to see more major retailers takig Bitcoin seriously, the more merchants there are the more consumers will be interested in it and possibly begin using it.

not too surprising. Tiger Direct has been accepting it for awhile now and I am sure Newegg doesn't like loosing all their potential bitcoin customers to their competition.

Sydboy

full member

Activity: 196

Merit: 100

i wonder how much shipping to australia would be.
time for a new motherboard,
has anyone from australia bought anything before ?

Topic: NewEgg accepting BTC!? - page 3. (Read 7329 times)