Topic: Positive News about Bitcoin - page 45. (Read 5560 times)
the news is certainly good that cryptocurrency is starting to be more real money . but don't you think it will affect the economies of countries?
Okay so you telling us that Canada located business Newegg is spreading the bitcoin eggs everywhere. But after reading your post I realised that most of the customers for this business are coming from the US based citizen. But do you know that US is country where legality issues are still up and they seem to be happy about it. Recently they have strict regulation on the ICO too and have banned many of them.
Also, for it to be a good news, it has to be published all over the world an the business itself should be very big to effect the price movement or market cap movement for instance. For example, MAC and Microsoft are going to use the crypto currencies!! Then that would be finest news in the globe and then you will see how the market will move upwards.
Also, for it to be a good news, it has to be published all over the world an the business itself should be very big to effect the price movement or market cap movement for instance. For example, MAC and Microsoft are going to use the crypto currencies!! Then that would be finest news in the globe and then you will see how the market will move upwards.
Financial institutions are lobbying and do everything they can to give cryptocurrencies a bad name. Negative news about the IRS wanting to tax even the smallest cryptocurrency transaction, what does not make sense. All this FUD keeps investors away from cryptocurrencies and that's why we see all the prices declining. But this will not go on forever, bitcoin will rise again.
The positive news about bitcoin is online payment system now accepting Bitcoin as one of the payment. Due to the FUD the price is reduced. But this is temporary. Soon the price of bitcoin cross 10,000$.
Financial institutions are lobbying and do everything they can to give cryptocurrencies a bad name. Negative news about the IRS wanting to tax even the smallest cryptocurrency transaction, what does not make sense. All this FUD keeps investors away from cryptocurrencies and that's why we see all the prices declining. But this will not go on forever, bitcoin will rise again.
increase the bitcoin currency and will become a valid payment instrument
This information is very useful for people who want to shop for electronic goods using a bitcoin payment system. Hopefully more and more online stores that accept payments using bitcoin either directly or through third parties like BitPay especially I look forward to Amazon to be able to follow Newegg in receiving payments using bitcoin because it will also make a drastic increase of the current bitcoin price movement decreased which is very boring.
With a payment system that uses such cryptocurrency can be an effective tool to convey the positive news that bitcoin is safe. Hopefully, this can remove the doubt of most people who have not trusted cryptocurrency.
That's good news. I believe in the bright future of Bitcoin. There's a lot of bad news lately, everybody's tired of it. It's time to change course in the opposite direction.
the manipulation is so severe that bitcoin had just recover 5% of its lost, I really think this is not enough or we can not still see the potential positiveness of this news because of manipulation from many whales and so we can not still see the real deal for bitcoin value, But as time passes I think that many are doing their part in making bitcoin value huge again, I really think this is only the beginning for this year and it can continue every month passes.
You can't expect bitcoin to respond in a positive manner only because a company has decided to adopt bitcoin as a payment processor. Especially when the operation of this company is limited to Canada only. If it had been Ebay, I would have expected some impact because Ebay is a global company.
But the current downtrend seems really clueless to me because market is not flooded with bad news. Instead we have lot of positive news floating in the market. Along with Germany's adoption, the G20 summit also signalled positively towards cryptocurrency. So I am failed to understand why the market is reacting so badly and going down constantly!
Probably someone can shed some light on it.
You are right we can not expect only the positive side for bitcoin and I am not indicating that I am just considering all positive things, Because of what is happening with the value of bitcoin, But still a negative outcome can become a positive sign for certain investors that strongly have faith in it that we can recover from this dip And like this post have indicate,
I think there is something to do with “2018: The Year Central Banks Begin Buying Cryptocurrency”. Central Banks play a major role in the financial system they can manipulate cryptocurrency market so that they can buy more cryptocurrency at low price. What do you think?
That the downtrend had started after this news that central banks had really done something about it and started a bull run, Now they are starting a bearish market.
This information is very useful for people who want to shop for electronic goods using a bitcoin payment system. Hopefully more and more online stores that accept payments using bitcoin either directly or through third parties like BitPay especially I look forward to Amazon to be able to follow Newegg in receiving payments using bitcoin because it will also make a drastic increase of the current bitcoin price movement decreased which is very boring.
Positive news about BTC
Newegg Expands Its Bitcoin Payment Option to Canadian Customers
Major computer hardware e-commerce site Newegg is now allowing Canadian customers to pay for products with bitcoin. Newegg primarily sells computer parts and consumer electronics. The majority of Neweggs’ customers are located in the United States, which has been the only group eligible to pay with Bitcoin until now. They started accepting payments in bitcoin for US customers in August 2014. Newegg has over 36 million registered users.
The company cites ‘increasing mainstream awareness of cryptocurrencies’ as the reason for the expansion of the payment option to Canada. Newegg’s CEO Danny Lee made comments about the development:
“IN 2014 NEWEGG WAS AMONG THE FIRST MAJOR COMPANIES TO OFFER CUSTOMERS A BITCOIN PAYMENT OPTION. SINCE THAT TIME THE VALUE OF BITCOIN HAS SKYROCKETED AND CUSTOMERS HOLDING BITCOIN HAVE CONSIDERABLY MORE PURCHASING POWER. WE BELIEVE THAT THE TIME IS RIGHT TO BROADEN OUR ACCEPTANCE OF BITCOIN TO CUSTOMERS IN CANADA.”
Newegg uses a third-party payment processor, BitPay, to convert coins into fiat at the time of transaction. BitPay receives a small commission fee for this service. BitPay’s CEO Stephen Pair also commented on the news, saying “We’re seeing a lot of traction in Canada, and we’re happy to see Newegg extend its bitcoin payment option north of the border.” Newegg uses BitPay’s API for creation and management of invoices, bills, refunds, and other services. They have praised BitPay for its excellent service and noted that they have provided ‘unrivaled reliability in the industry.’
The news comes as other online services have recently stopped accepting bitcoin as payment due to rising transaction fees, most notably Reddit and Stripe. Increased usage of the Bitcoin network leads to increased transaction fees. Moving forward, it will be interesting to see whether Newegg and other online retailers begin to accept cryptocurrencies besides bitcoin as payment.
Source
Newegg Expands Its Bitcoin Payment Option to Canadian Customers
Major computer hardware e-commerce site Newegg is now allowing Canadian customers to pay for products with bitcoin. Newegg primarily sells computer parts and consumer electronics. The majority of Neweggs’ customers are located in the United States, which has been the only group eligible to pay with Bitcoin until now. They started accepting payments in bitcoin for US customers in August 2014. Newegg has over 36 million registered users.
The company cites ‘increasing mainstream awareness of cryptocurrencies’ as the reason for the expansion of the payment option to Canada. Newegg’s CEO Danny Lee made comments about the development:
“IN 2014 NEWEGG WAS AMONG THE FIRST MAJOR COMPANIES TO OFFER CUSTOMERS A BITCOIN PAYMENT OPTION. SINCE THAT TIME THE VALUE OF BITCOIN HAS SKYROCKETED AND CUSTOMERS HOLDING BITCOIN HAVE CONSIDERABLY MORE PURCHASING POWER. WE BELIEVE THAT THE TIME IS RIGHT TO BROADEN OUR ACCEPTANCE OF BITCOIN TO CUSTOMERS IN CANADA.”
Newegg uses a third-party payment processor, BitPay, to convert coins into fiat at the time of transaction. BitPay receives a small commission fee for this service. BitPay’s CEO Stephen Pair also commented on the news, saying “We’re seeing a lot of traction in Canada, and we’re happy to see Newegg extend its bitcoin payment option north of the border.” Newegg uses BitPay’s API for creation and management of invoices, bills, refunds, and other services. They have praised BitPay for its excellent service and noted that they have provided ‘unrivaled reliability in the industry.’
The news comes as other online services have recently stopped accepting bitcoin as payment due to rising transaction fees, most notably Reddit and Stripe. Increased usage of the Bitcoin network leads to increased transaction fees. Moving forward, it will be interesting to see whether Newegg and other online retailers begin to accept cryptocurrencies besides bitcoin as payment.
Source
Wow superb buddy. Its really good information. At this situation we need more positive info about bitcoin to pump it again. There is lots of negative spreaders posting bad about bitcoin. So for overcome this situation need more info about BTC. Good work buddy. Keep doing it.
But the current downtrend seems really clueless to me because market is not flooded with bad news.
You are right, but small sales of bitcoin with a very large number, there still happen a lot in exchange accounts since two days before Easter. The FUD in recent days is undergoing a quiet period, but I'm still very sure whales still do still manipulation actions against bitcoin.
Good news, but not big enough to raise the price of bitcoin.
But recently some good news coming up, hope market will recover soon
But recently some good news coming up, hope market will recover soon
sr. member
Activity: 375
Merit: 1021
Just in case no one loves you, I love you 3000.
List of the biggest & smaller names who accepts BTC as a currency.
1. KFC Canada
2. Overstock.com – A company that sells big ticket items at lower prices due to overstocking
3. Playboy
4. Subway – Eat fresh
5. Microsoft – Users can buy content with Bitcoin on Xbox and Windows store
6. Reddit – You can buy premium features there with bitcoins (March 31,2018 Reddit Has Stopped Accepting Bitcoin Payments)
7. Virgin Galactic – Richard Branson company that includes Virgin Mobile and Virgin Airline
8. OkCupid – Online dating site
9. Namecheap – Domain name registrar
10. CheapAir.com – Travel booking site for airline tickets, car rentals, hotels
11. Expedia.com – Online travel booking agency
12. Gyft – Buy giftcards using Bitcoin
13. Newegg.com – Online electronics retailer now uses bitpay to accept bitcoin as payment
14. Wikipedia – The Free Encyclopedia with 4 570 000+ article
15. Alza – Largest Czech online retailer
16. The Internet Archive – web documatation company
17. Bitcoin.Travel – a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world
18. Pembury Tavern – A pub in London, England
19. Old Fitzroy – A pub in Sydney, Australia
20. The Pink Cow – A diner in Tokyo, Japan
21. The Pirate Bay – BitTorrent directories
22. Zynga – Mobile gaming
23. 4Chan.org – For premium services
24. EZTV – Torrents TV shows provider
25. Mega.co.nz – The new venture started by the former owner of
26. MegaUpload Kim Dotcom
27. Lumfile – Free cloud base file server – pay for premium services
28. Etsy Vendors – 93 of them
29. PizzaForCoins.com – Domino’s Pizza signed up – pay for their pizza with bitcons
30. Whole Foods – Organic food store (by purchasing gift card from Gyft)
31. Bitcoincoffee.com – Buy your favorite coffee online
32. Grass Hill Alpacas – A local farm in Haydenville, MA
33. Jeffersons Store – A street wear clothing store in Bergenfield, N.J
34. Helen’s Pizza – Jersey City, N.J., you can get a slice of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register
35. A Class Limousine – Pick you up and drop you off at Newark (N.J.) Airport Seoclerks.com – Get
36. SEO work done on your site cheap
37. Mint.com – Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more
38. Fancy.com – Discover amazing stuff, collect the things you love, buy it all in one place (Source: Fancy)
39. Bloomberg.com – Online newspaper
40. Humblebundle.com – Indie game site
41. BigFishGames.com – Games for PC, Mac and Smartphones (iPhone, Android, Windows)
42. Suntimes.com – Chicago based online newspaper
43. San Jose Earthquakes – San Jose California Professional Soccer Team (MLS)
44. Crowdtilt.com – The fastest and easiest way to pool funds with family and friends (Source: crowdtilt)
45. Lumfile – Server company that offers free cloud-based servers
46. Museum of the Coastal Bend – 2200 East Red River Street, Victoria, Texas 77901, USA
47. Gap, GameStop and JC Penney – have to use eGifter.com
48. Etsy Vendors – Original art and Jewelry creations
49. Fight for the Future – Leading organization finding for Internet freedom
50. i-Pmart (ipmart.com.my) – A Malaysian online mobile phone and electronic parts retailer
51. curryupnow.com – A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area
52. Dish Network – An American direct-broadcast satellite service provider
53. The Libertarian Party – United States political party
54. Yacht-base.com – Croatian yacht charter company
55. Euro Pacific – A major precious metal dealer
56. CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin
57. Straub Auto Repairs – 477 Warburton Ave, Hastings-on-Hudson, NY 10706 – (914) 478-1177
58. PSP Mollie – Dutch Payment Service
59. Intuit – an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
60. ShopJoy – An Australian online retailer that sells novelty and unique gifts
61. Lv.net – Las Vegas high speed internet services
62. ExpressVPN.com – High speed, ultra secure VPN network
63. Grooveshark – Online music streaming service based in the United States Braintree – Well known payments processor
64. MIT Coop Store – Massachusetts Institute of Technology student bookstore
65. SimplePay – Nigeria’s most popular web and mobile-based wallet service
66. SFU bookstore – Simon Fraser University in Vancouver, Canada
67. State Republican Party – First State Republican Party to accept bitcoin donations (http://www.lagop.com/bitcoin-donate)
68. mspinc.com – Respiratory medical equipment supplies store
69. Shopify.com – An online store that allows anyone to sell their products
70. Famsa – Mexico’s biggest retailer
71. Naughty America – Adult entertainment provider
72. Mexico’s Universidad de las Américas Puebla – A major university in Mexico
73. LOT Polish Airlines – A worldwide airline based in Poland
74. MovieTickets.com – Online movie ticket exchange/retailer
75. Dream Lover – Online relationship service
76. Lionsgate Films – The production studio behind titles such as The Hunger Games and The Day After Tomorrow
77. Rakutan – A Japanese e-commerce giant
78. Badoo – Online dating network
79. RE/MAX London – UK-based franchisee of the global real estate network
80. T-Mobile Poland – T-Mobile’s Poland-based mobile phone top-up company
81. Stripe – San Francisco-based payments company
82. WebJet – Online travel agency
83. Green Man Gaming – Popular digital game reseller
84. Save the Children – Global charity organization
85. NCR Silver – Point of sales systems
86. One Shot Hotels – Spanish hotel chain
87. Coupa Café in Palo Alto
88. PureVPN – VPN provider
89. That’s my face – create action figures
90. Foodler – North American restaurant delivery company
91. Amagi Metals – Precious metal furnisher
Source
92. Metrodeal & CashCashPinoy
93. TrueProperty
94. The Bunny Baker
95. Wirin Cupcakery
96. Mr. D’s Artisanal Sundries
97. Baicapture
98. Import Valley
99. Cyan Adventures Cebu
100. Canyoneering tours in Cebu
Source
I have faith with these Giants:
101. McDonalds
102. British Airways
103. Amazon
Source
If you have more, feel free to add.
Be Positive
1. KFC Canada
2. Overstock.com – A company that sells big ticket items at lower prices due to overstocking
3. Playboy
4. Subway – Eat fresh
5. Microsoft – Users can buy content with Bitcoin on Xbox and Windows store
6. Reddit – You can buy premium features there with bitcoins (March 31,2018 Reddit Has Stopped Accepting Bitcoin Payments)
7. Virgin Galactic – Richard Branson company that includes Virgin Mobile and Virgin Airline
8. OkCupid – Online dating site
9. Namecheap – Domain name registrar
10. CheapAir.com – Travel booking site for airline tickets, car rentals, hotels
11. Expedia.com – Online travel booking agency
12. Gyft – Buy giftcards using Bitcoin
13. Newegg.com – Online electronics retailer now uses bitpay to accept bitcoin as payment
14. Wikipedia – The Free Encyclopedia with 4 570 000+ article
15. Alza – Largest Czech online retailer
16. The Internet Archive – web documatation company
17. Bitcoin.Travel – a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world
18. Pembury Tavern – A pub in London, England
19. Old Fitzroy – A pub in Sydney, Australia
20. The Pink Cow – A diner in Tokyo, Japan
21. The Pirate Bay – BitTorrent directories
22. Zynga – Mobile gaming
23. 4Chan.org – For premium services
24. EZTV – Torrents TV shows provider
25. Mega.co.nz – The new venture started by the former owner of
26. MegaUpload Kim Dotcom
27. Lumfile – Free cloud base file server – pay for premium services
28. Etsy Vendors – 93 of them
29. PizzaForCoins.com – Domino’s Pizza signed up – pay for their pizza with bitcons
30. Whole Foods – Organic food store (by purchasing gift card from Gyft)
31. Bitcoincoffee.com – Buy your favorite coffee online
32. Grass Hill Alpacas – A local farm in Haydenville, MA
33. Jeffersons Store – A street wear clothing store in Bergenfield, N.J
34. Helen’s Pizza – Jersey City, N.J., you can get a slice of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register
35. A Class Limousine – Pick you up and drop you off at Newark (N.J.) Airport Seoclerks.com – Get
36. SEO work done on your site cheap
37. Mint.com – Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more
38. Fancy.com – Discover amazing stuff, collect the things you love, buy it all in one place (Source: Fancy)
39. Bloomberg.com – Online newspaper
40. Humblebundle.com – Indie game site
41. BigFishGames.com – Games for PC, Mac and Smartphones (iPhone, Android, Windows)
42. Suntimes.com – Chicago based online newspaper
43. San Jose Earthquakes – San Jose California Professional Soccer Team (MLS)
44. Crowdtilt.com – The fastest and easiest way to pool funds with family and friends (Source: crowdtilt)
45. Lumfile – Server company that offers free cloud-based servers
46. Museum of the Coastal Bend – 2200 East Red River Street, Victoria, Texas 77901, USA
47. Gap, GameStop and JC Penney – have to use eGifter.com
48. Etsy Vendors – Original art and Jewelry creations
49. Fight for the Future – Leading organization finding for Internet freedom
50. i-Pmart (ipmart.com.my) – A Malaysian online mobile phone and electronic parts retailer
51. curryupnow.com – A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area
52. Dish Network – An American direct-broadcast satellite service provider
53. The Libertarian Party – United States political party
54. Yacht-base.com – Croatian yacht charter company
55. Euro Pacific – A major precious metal dealer
56. CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin
57. Straub Auto Repairs – 477 Warburton Ave, Hastings-on-Hudson, NY 10706 – (914) 478-1177
58. PSP Mollie – Dutch Payment Service
59. Intuit – an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
60. ShopJoy – An Australian online retailer that sells novelty and unique gifts
61. Lv.net – Las Vegas high speed internet services
62. ExpressVPN.com – High speed, ultra secure VPN network
63. Grooveshark – Online music streaming service based in the United States Braintree – Well known payments processor
64. MIT Coop Store – Massachusetts Institute of Technology student bookstore
65. SimplePay – Nigeria’s most popular web and mobile-based wallet service
66. SFU bookstore – Simon Fraser University in Vancouver, Canada
67. State Republican Party – First State Republican Party to accept bitcoin donations (http://www.lagop.com/bitcoin-donate)
68. mspinc.com – Respiratory medical equipment supplies store
69. Shopify.com – An online store that allows anyone to sell their products
70. Famsa – Mexico’s biggest retailer
71. Naughty America – Adult entertainment provider
72. Mexico’s Universidad de las Américas Puebla – A major university in Mexico
73. LOT Polish Airlines – A worldwide airline based in Poland
74. MovieTickets.com – Online movie ticket exchange/retailer
75. Dream Lover – Online relationship service
76. Lionsgate Films – The production studio behind titles such as The Hunger Games and The Day After Tomorrow
77. Rakutan – A Japanese e-commerce giant
78. Badoo – Online dating network
79. RE/MAX London – UK-based franchisee of the global real estate network
80. T-Mobile Poland – T-Mobile’s Poland-based mobile phone top-up company
81. Stripe – San Francisco-based payments company
82. WebJet – Online travel agency
83. Green Man Gaming – Popular digital game reseller
84. Save the Children – Global charity organization
85. NCR Silver – Point of sales systems
86. One Shot Hotels – Spanish hotel chain
87. Coupa Café in Palo Alto
88. PureVPN – VPN provider
89. That’s my face – create action figures
90. Foodler – North American restaurant delivery company
91. Amagi Metals – Precious metal furnisher
Source
92. Metrodeal & CashCashPinoy
93. TrueProperty
94. The Bunny Baker
95. Wirin Cupcakery
96. Mr. D’s Artisanal Sundries
97. Baicapture
98. Import Valley
99. Cyan Adventures Cebu
100. Canyoneering tours in Cebu
Source
I have faith with these Giants:
101. McDonalds
102. British Airways
103. Amazon
Source
If you have more, feel free to add.
Be Positive
More and more positive news needed now to overcome the price fall because the price keeps falling continiously.But it is a good news that bitcoin will be used as a currency there,but this news may not give big impact now,so give some more hot news which can pull the investors again into crypto world.
the good news about bitcoin can indeed affect bitcoin prices, but I see from bitcoin this is more bad news, i do not know why this happened, maybe this is a big player game to manipulate bitcoin price only. but I am not worried about it. Positive news about BTC
Newegg Expands Its Bitcoin Payment Option to Canadian Customers
Major computer hardware e-commerce site Newegg is now allowing Canadian customers to pay for products with bitcoin. Newegg primarily sells computer parts and consumer electronics. The majority of Neweggs’ customers are located in the United States, which has been the only group eligible to pay with Bitcoin until now. They started accepting payments in bitcoin for US customers in August 2014. Newegg has over 36 million registered users.
The company cites ‘increasing mainstream awareness of cryptocurrencies’ as the reason for the expansion of the payment option to Canada. Newegg’s CEO Danny Lee made comments about the development:
“IN 2014 NEWEGG WAS AMONG THE FIRST MAJOR COMPANIES TO OFFER CUSTOMERS A BITCOIN PAYMENT OPTION. SINCE THAT TIME THE VALUE OF BITCOIN HAS SKYROCKETED AND CUSTOMERS HOLDING BITCOIN HAVE CONSIDERABLY MORE PURCHASING POWER. WE BELIEVE THAT THE TIME IS RIGHT TO BROADEN OUR ACCEPTANCE OF BITCOIN TO CUSTOMERS IN CANADA.”
Newegg uses a third-party payment processor, BitPay, to convert coins into fiat at the time of transaction. BitPay receives a small commission fee for this service. BitPay’s CEO Stephen Pair also commented on the news, saying “We’re seeing a lot of traction in Canada, and we’re happy to see Newegg extend its bitcoin payment option north of the border.” Newegg uses BitPay’s API for creation and management of invoices, bills, refunds, and other services. They have praised BitPay for its excellent service and noted that they have provided ‘unrivaled reliability in the industry.’
The news comes as other online services have recently stopped accepting bitcoin as payment due to rising transaction fees, most notably Reddit and Stripe. Increased usage of the Bitcoin network leads to increased transaction fees. Moving forward, it will be interesting to see whether Newegg and other online retailers begin to accept cryptocurrencies besides bitcoin as payment.
Source
This is good news indeed! With more companies to use bitcoin as payment the more the market is getting bigger ang greener! I hope with this a significant rise will be felt soon! Newegg Expands Its Bitcoin Payment Option to Canadian Customers
Major computer hardware e-commerce site Newegg is now allowing Canadian customers to pay for products with bitcoin. Newegg primarily sells computer parts and consumer electronics. The majority of Neweggs’ customers are located in the United States, which has been the only group eligible to pay with Bitcoin until now. They started accepting payments in bitcoin for US customers in August 2014. Newegg has over 36 million registered users.
The company cites ‘increasing mainstream awareness of cryptocurrencies’ as the reason for the expansion of the payment option to Canada. Newegg’s CEO Danny Lee made comments about the development:
“IN 2014 NEWEGG WAS AMONG THE FIRST MAJOR COMPANIES TO OFFER CUSTOMERS A BITCOIN PAYMENT OPTION. SINCE THAT TIME THE VALUE OF BITCOIN HAS SKYROCKETED AND CUSTOMERS HOLDING BITCOIN HAVE CONSIDERABLY MORE PURCHASING POWER. WE BELIEVE THAT THE TIME IS RIGHT TO BROADEN OUR ACCEPTANCE OF BITCOIN TO CUSTOMERS IN CANADA.”
Newegg uses a third-party payment processor, BitPay, to convert coins into fiat at the time of transaction. BitPay receives a small commission fee for this service. BitPay’s CEO Stephen Pair also commented on the news, saying “We’re seeing a lot of traction in Canada, and we’re happy to see Newegg extend its bitcoin payment option north of the border.” Newegg uses BitPay’s API for creation and management of invoices, bills, refunds, and other services. They have praised BitPay for its excellent service and noted that they have provided ‘unrivaled reliability in the industry.’
The news comes as other online services have recently stopped accepting bitcoin as payment due to rising transaction fees, most notably Reddit and Stripe. Increased usage of the Bitcoin network leads to increased transaction fees. Moving forward, it will be interesting to see whether Newegg and other online retailers begin to accept cryptocurrencies besides bitcoin as payment.
Source
Positive news about Btc is desired by every Btc users.From few months Btc collapse constantly.Everyone is deeply waiting for any position change.Recently the news of china about Btc is focus and matter of joyful for us.But I think it's the time to gather more and more good news that can reinforce the market again.
It is good to hear about this good news. There have been too many fuds around and market seems not responding to good news. Hopefully the market will recover soon.
sr. member
Activity: 375
Merit: 1021
Just in case no one loves you, I love you 3000.
You can't expect bitcoin to respond in a positive manner only because a company has decided to adopt bitcoin as a payment processor. Especially when the operation of this company is limited to Canada only. If it had been Ebay, I would have expected some impact because Ebay is a global company.
But the current downtrend seems really clueless to me because market is not flooded with bad news. Instead we have lot of positive news floating in the market. Along with Germany's adoption, the G20 summit also signalled positively towards cryptocurrency. So I am failed to understand why the market is reacting so badly and going down constantly!
Probably someone can shed some light on it.
I think there is something to do with “2018: The Year Central Banks Begin Buying Cryptocurrency”. Central Banks play a major role in the financial system they can manipulate cryptocurrency market so that they can buy more cryptocurrency at low price. What do you think?
This is a plus to the bitcoin network and I know and hope the other major cooperation will also start to accept bitcoin as a mode of payments for they goods or services, because they stand to gain more from using bitcoin such as the eas of carrying out payments from any where and the chance to earn from they initial balance as the market grows.
the manipulation is so severe that bitcoin had just recover 5% of its lost, I really think this is not enough or we can not still see the potential positiveness of this news because of manipulation from many whales and so we can not still see the real deal for bitcoin value, But as time passes I think that many are doing their part in making bitcoin value huge again, I really think this is only the beginning for this year and it can continue every month passes.
You can't expect bitcoin to respond in a positive manner only because a company has decided to adopt bitcoin as a payment processor. Especially when the operation of this company is limited to Canada only. If it had been Ebay, I would have expected some impact because Ebay is a global company.
But the current downtrend seems really clueless to me because market is not flooded with bad news. Instead we have lot of positive news floating in the market. Along with Germany's adoption, the G20 summit also signalled positively towards cryptocurrency. So I am failed to understand why the market is reacting so badly and going down constantly!
Probably someone can shed some light on it.
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