Pages:
Author

Topic: Overstock.com now accepting bitcoins as payment! - page 5. (Read 6423 times)

hero member
Activity: 980
Merit: 502
2 things

Need to add coupon code: 'bitcoin' for 10% off!

and for refund policy and such this answears A lot of questions

https://help.overstock.com/app/answers/detail/a_id/5794/c/4
full member
Activity: 168
Merit: 100
How will they do refunds? In BTC or USD?

Hmm, ok, good point. I would imagine either USD or BTC at exchange rate at the time.

Even the checkout BTC amount must have a fairly short validity. Otherwise you could abuse their store.
legendary
Activity: 1232
Merit: 1195
Actually the NOT in the title might be ok.

BTC goes to payment processor which gives fiat to overstock.

So overstock actually accepts fiat.

Am i wrong?

You're wrong that they don't take Bitcoin; they do, but you're right that they receive it in cash.
sr. member
Activity: 686
Merit: 250
How will they do refunds? In BTC or USD?
full member
Activity: 168
Merit: 100
Actually the NOT in the title might be ok.

BTC goes to payment processor which gives fiat to overstock.

So overstock actually accepts fiat.

Am i wrong?

If you pay with your CC in a store, you still say the store accepts the CC. Even though they get fiat from the CC company.
newbie
Activity: 19
Merit: 0
Actually the NOT in the title might be ok.

BTC goes to payment processor which gives fiat to overstock.

So overstock actually accepts fiat.

Am i wrong?
hero member
Activity: 658
Merit: 500
Small Red and Bad
You picked the worst possible letter for a typo  Grin
hero member
Activity: 980
Merit: 502
check it out, did a screen shot of of the checkout page and bitpay page..



One company down more to come I hope Smiley

please fix the title to now !
hero member
Activity: 980
Merit: 502
huge news for bitcoin ! If other retailers see how well overstock is doing with bitcoin they will start to accept!

How well is it doing? they've only just started accepting it lol. Hopefully it is a massive success though and others will follow suit. Props to them for taking the chance.

agree I see A lot of people tweeted at them saying they bought stuff in bitcoin!!!
legendary
Activity: 1232
Merit: 1195
huge news for bitcoin ! If other retailers see how well overstock is doing with bitcoin they will start to accept!

How well is it doing? they've only just started accepting it lol. Hopefully it is a massive success though and others will follow suit. Props to them for taking the chance.
hero member
Activity: 980
Merit: 502
huge news for bitcoin ! If other retailers see how well overstock is doing with bitcoin they will start to accept!
legendary
Activity: 1722
Merit: 1004
In case anyone missed it, here's the CEO's post from two days ago about why they will accept bitcoin:
http://www.cnbc.com/id/101315433

Edit: also, Patrick is active on twitter if anyone wants to give him a shout-out: @OverstockCEO
legendary
Activity: 1540
Merit: 1029
They are now  Cheesy
legendary
Activity: 1260
Merit: 1000
Drunk Posts
NOW accepting bitcoins as payment!
hero member
Activity: 896
Merit: 1000
that's coinbase not bitpay
and they ARE not...not accepting bitcoin now
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
not -> now (in the subject)



Was gonna say. Thought they weren’t accepting them till later on though.
member
Activity: 100
Merit: 10
not -> now (in the subject)

global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
They're not?
hero member
Activity: 552
Merit: 500
check it out, did a screen shot of of the checkout page bitcoin page..



One company down more to come I hope Smiley
Pages:
Jump to: