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Topic: what bitcoin price predict when facebook/google will start accepting bitcoin? (Read 1929 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Why would any company like facebook accept Bitcoin? I understand that we are convinced about Bitcoin here at this forum, but that is still very little and has no influence whatsoever on big companies accepting it. So what would be the incentives?  

If enough of their users ask for it, they have nothing to lose by integrating it. They wouldn't have bought instagram otherwise. There's no particular reason for them to champion it so they'll probably be laggards but enough demand may bring it along eventually.
Mass users are only aware of Bitcoin because they have heard of it in the news about coins stolen from Mt. Gox, Silk Road, etc. I think people in this forum tend to project their way of thinking as the main stream thinking, which is obviously not.
So I agree, that Bitcoin may be only added if there is enough pressure from the users to do so, the question now is, whether such appears? For that, it is needed to have a bit more positive picture of Bitcoin in the main stream media, first.
sr. member
Activity: 294
Merit: 250
As thread name what will be the predict bitcoin price if bitcoin start acepting by google company
like the Wikipedia has a donation option

and what are your answers is google owner will invest in bitcoins or not?
if yes when any news about that
You realize that wikipedia is mainly a geek/nerd thing. Normal people do not care about Wikipedia donation at all. As far as can tell Microsoft is already accepting bitcoin and price is not that high. So I am not sure anymore.

A big company like dell , amazon.com , ebay.com is start accepting bitcoins in the site gyft
if ebay also accepts the price i high now you can see its up from 260$ to 300$ now
I do not think that is due to Dell acceptance that bitcoin price went up. It is overall market tendency that caused it. Amazon and ebay still do not accept bitcoin at all...

not official but they are accepting by thing method
https://www.gyft.com 3% cashback on bitcoins
https://www.egifter.com 3% cashback on bitcoins

legendary
Activity: 1288
Merit: 1000
As thread name what will be the predict bitcoin price if bitcoin start acepting by google company
like the Wikipedia has a donation option

and what are your answers is google owner will invest in bitcoins or not?
if yes when any news about that
You realize that wikipedia is mainly a geek/nerd thing. Normal people do not care about Wikipedia donation at all. As far as can tell Microsoft is already accepting bitcoin and price is not that high. So I am not sure anymore.

A big company like dell , amazon.com , ebay.com is start accepting bitcoins in the site gyft
if ebay also accepts the price i high now you can see its up from 260$ to 300$ now
I do not think that is due to Dell acceptance that bitcoin price went up. It is overall market tendency that caused it. Amazon and ebay still do not accept bitcoin at all...
sr. member
Activity: 294
Merit: 250
As thread name what will be the predict bitcoin price if bitcoin start acepting by google company
like the Wikipedia has a donation option

and what are your answers is google owner will invest in bitcoins or not?
if yes when any news about that
You realize that wikipedia is mainly a geek/nerd thing. Normal people do not care about Wikipedia donation at all. As far as can tell Microsoft is already accepting bitcoin and price is not that high. So I am not sure anymore.

A big company like dell , amazon.com , ebay.com is start accepting bitcoins in the site gyft
if ebay also accepts the price i high now you can see its up from 260$ to 300$ now
legendary
Activity: 1288
Merit: 1000
As thread name what will be the predict bitcoin price if bitcoin start acepting by google company
like the Wikipedia has a donation option

and what are your answers is google owner will invest in bitcoins or not?
if yes when any news about that
You realize that wikipedia is mainly a geek/nerd thing. Normal people do not care about Wikipedia donation at all. As far as can tell Microsoft is already accepting bitcoin and price is not that high. So I am not sure anymore.
sr. member
Activity: 294
Merit: 250
after a great service began accepting bitcoin, we saw what happened, then I see no reason that does not happen again with facebook

Facebook may not immediately dump it on the exchanges.

Facebook will create own Exchange website this will increase bit-coin price slightly
full member
Activity: 218
Merit: 100
after a great service began accepting bitcoin, we saw what happened, then I see no reason that does not happen again with facebook

Facebook may not immediately dump it on the exchanges.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Didn't the price go DOWN after each of the big retailers started accepting bitcoins???

That was mostly because the big retailers used to dump , and not hold much of the bitcoins. However if a site like facebook is able to integrate btc in their system to be used to send to friends etc, then that will not cause the dump.
Why would any company like facebook accept Bitcoin? I understand that we are convinced about Bitcoin here at this forum, but that is still very little and has no influence whatsoever on big companies accepting it. So what would be the incentives?  

If enough of their users ask for it, they have nothing to lose by integrating it. They wouldn't have bought instagram otherwise. There's no particular reason for them to champion it so they'll probably be laggards but enough demand may bring it along eventually.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Didn't the price go DOWN after each of the big retailers started accepting bitcoins???

That was mostly because the big retailers used to dump , and not hold much of the bitcoins. However if a site like facebook is able to integrate btc in their system to be used to send to friends etc, then that will not cause the dump.
Why would any company like facebook accept Bitcoin? I understand that we are convinced about Bitcoin here at this forum, but that is still very little and has no influence whatsoever on big companies accepting it. So what would be the incentives? 
legendary
Activity: 3206
Merit: 1069
after a great service began accepting bitcoin, we saw what happened, then I see no reason that does not happen again with facebook
sr. member
Activity: 252
Merit: 250
Didn't the price go DOWN after each of the big retailers started accepting bitcoins???

That was mostly because the big retailers used to dump , and not hold much of the bitcoins. However if a site like facebook is able to integrate btc in their system to be used to send to friends etc, then that will not cause the dump.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Acceptance is the easy part. Any company on earth can do that right now. The ones who count will be the ones who educate, incentivise and work towards a closed loop economy. there are a few doing it right, we need more.
full member
Activity: 224
Merit: 100
Didn't the price go DOWN after each of the big retailers started accepting bitcoins???
sr. member
Activity: 322
Merit: 250
I don't think simply accepting bitcoins will raise its price, no matter which company does it. People wouldn't bother switching to bitcoin just because it can be used. The way for bitcoins to increase in usage and price is if there are many valuable services that EXCLUSIVELY use bitcoin, or at least offer a huge advantage to bitcoin users.
sr. member
Activity: 294
Merit: 250
It could be anywhere. It could happen at any time. I don't think that price will be the determining factor for these guys adopting Bitcoin but rather once there really is enough demand for them to accept it. How many of customers are asking for it?

xbox already accepted bitcoins as payment option if google accept play store cards as bitcoins payment then its very easy to purchace these gift cards
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
The big services are somehow all against Bitcoin
They dont want anonymous transactions etc, they are free because they want to get your informations
what do you mean by anonymous transactions with Bitcoin?
hero member
Activity: 490
Merit: 500
I think it will take quite sometime till they accept bitcoin, though Google has suggested it might integrated in the GoogleWallet.
I'd say we'll be at 4 digits when that happens.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
The big services are somehow all against Bitcoin
They dont want anonymous transactions etc, they are free because they want to get your informations

The banks & credit card companies have some serious lobbyists in their pocket.  I am sure they are manipulating bitcoin acceptance behind the scenes to protect their precious cash cow.

Honestly i dont believe they're scared of bitcoin the way u think they may be. For them its just a passing thing, until its proven to be otherwise.

I believe the main reason for big services to be against bitcoin is simply because their clients and bussines still have no major interest or profit from accepting bitcoin.
When you look at google and facebook, they're huge companies that have massive development departments of their own, bitcoin is nothing that would increase their value or volume of their bussinesses,
it would only allow them to take a hit if the project backfires on them.
Its not allways some conspiracy/lobbying at play, sometimes its just about lack of interes, or profit to justify a move like that.

cheers
sr. member
Activity: 336
Merit: 250
The big services are somehow all against Bitcoin
They dont want anonymous transactions etc, they are free because they want to get your informations

The banks & credit card companies have some serious lobbyists in their pocket.  I am sure they are manipulating bitcoin acceptance behind the scenes to protect their precious cash cow.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht

Seriously, as huge as Google is I don't think it would be a massive deal. Who spends money on Google unless they accept btc for adverts or something but I'm guessing 99% of people who pay for advertising will just stick to fiat.


The biggie would be the upcoming android wallet thing. I agree with you though, there's no way I'd ever give google actual money for anything.
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