Topic: Wikipedia Raises 237 BTC Through Donations In One Week - page 4. (Read 3516 times)
I'm not going to donate, but it's a good thing that they've started accepting them. I hope more charaties or projects like this get on board. It's free money at the end of the day.
And now they are going to dump this 237 BTC on some exchange site and cause the market to drop....
They're using Coinbase, so they've already “dumped” them and received USD back.That's right. A couple of years ago when the idea was first presented to them they had no way to easily convert them to dollars. They couldn't care less about Bitcoin. They would accept peanuts and beer as a donation if there was a no hassle way to convert them to what they really want - dollars.
And now they are going to dump this 237 BTC on some exchange site and cause the market to drop....
They're using Coinbase, so they've already “dumped” them and received USD back. And now they are going to dump this 237 BTC on some exchange site and cause the market to drop....
Then you should buy when they do.
Link to the Coinfinance article:
http://coinfinance.com/news/wikipedia-raises-237-btc-through-donations-in-one-week
http://coinfinance.com/news/wikipedia-raises-237-btc-through-donations-in-one-week
Quote
Last week, The Wikimedia Foundation, owner of Wikipedia online encyclopedia, has announced Wikipedia acceptance of bitcoin as a method of payment for donations.
Now, one week later, Wikipedia gladly announces that it has collected more than $140,000 in bitcoin donations.
Now, one week later, Wikipedia gladly announces that it has collected more than $140,000 in bitcoin donations.
Incredible! This is very good news! I just hope that the rate of donations doesn't go down! Of course this has to do because they just accepted Bitcoin, but it shows how people are ready and willing to give their hard-earned BTC to a good cause!
afraid is because you don't manage btc wallet like bank account.
in BTC world, many wallet is a safer way to not loose coin.
in BTC world, you must have a small amount in the smartphone ... and the others coins in many other wallet (only backup).
in BTC world, you can "recreate" a big amount of BTC in only 10 minute from 10 alone wallet in cold storage.
in bank, you MUST inform your bank that you want spend a "big amount" of money ... or retire fiat paper money from local bank.
in bank, you can't spend a lot of money in short time (24h for example).
in BTC world, many wallet is a safer way to not loose coin.
in BTC world, you must have a small amount in the smartphone ... and the others coins in many other wallet (only backup).
in BTC world, you can "recreate" a big amount of BTC in only 10 minute from 10 alone wallet in cold storage.
in bank, you MUST inform your bank that you want spend a "big amount" of money ... or retire fiat paper money from local bank.
in bank, you can't spend a lot of money in short time (24h for example).
That why fiat currency and electronic way ... will fail.
Because BTC can do every and more ... in a way more quickly and secure !
well, too tired of using paper money and electronic money in every transaction. need something more secure and makes me not afraid to save huge amounts of money Because BTC can do every and more ... in a way more quickly and secure !
Link to the Coinfinance article:
http://coinfinance.com/news/wikipedia-raises-237-btc-through-donations-in-one-week
http://coinfinance.com/news/wikipedia-raises-237-btc-through-donations-in-one-week
Quote
Last week, The Wikimedia Foundation, owner of Wikipedia online encyclopedia, has announced Wikipedia acceptance of bitcoin as a method of payment for donations.
Now, one week later, Wikipedia gladly announces that it has collected more than $140,000 in bitcoin donations.
Now, one week later, Wikipedia gladly announces that it has collected more than $140,000 in bitcoin donations.
It's a great thing, I hope all the people who use Wikipedia regularly realize that Bitcoin isn't this small niche idea anymore, but rather a very interesting and powerful means of payment and transfer of money. What we still need to do is make sure the actual Wikipedia site of Bitcoin isn't badly written and also in a negative way towards Bitcoin!
And now they are going to dump this 237 BTC on some exchange site and cause the market to drop....
200 BTC is nothing ... in exchange range.
Better late than never. Next time I see Jimmy's face on the page header I might actually chip in
And now they are going to dump this 237 BTC on some exchange site and cause the market to drop....
This prove bitcoin is accepted & actively used by everyone
They should accept it earlier
I bet some company like wikipedia, will accept bitcoin as donation payment
They should accept it earlier
I bet some company like wikipedia, will accept bitcoin as donation payment
What do you mean? this is about wikipedia accepting donations and raising a lot of Bitcoin in a short period of time.
I don't know why they didn't accept it when the petition was first started they had nothing to lose but everything to gain and this just shows that they didn't have their business heads on.
and they took so long to accept it - idiots 
(and even NOW you will not see btc as a favourite payment option on their donation site)
(and even NOW you will not see btc as a favourite payment option on their donation site
)
That why fiat currency and electronic way ... will fail.
Because BTC can do every and more ... in a way more quickly and secure !
Because BTC can do every and more ... in a way more quickly and secure !
Link to the Coinfinance article:
http://coinfinance.com/news/wikipedia-raises-237-btc-through-donations-in-one-week
http://coinfinance.com/news/wikipedia-raises-237-btc-through-donations-in-one-week
Quote
Last week, The Wikimedia Foundation, owner of Wikipedia online encyclopedia, has announced Wikipedia acceptance of bitcoin as a method of payment for donations.
Now, one week later, Wikipedia gladly announces that it has collected more than $140,000 in bitcoin donations.
Now, one week later, Wikipedia gladly announces that it has collected more than $140,000 in bitcoin donations.
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