Newegg is now accepting Bitcoin

Post by oleganza » Sat, Jul 05, 2014, 2:23 PM UTC

lazzlazzlazz wrote: post #34

oleganza wrote: post #25

Earlier quoted context omitted.

Paying in Bitcoin makes a lot of sense: 1) You don't have to provide private info like CC number. 2) If you bought bitcoins at X and now they are valued at 10X you may effectively enjoy 90% discount on all purchases. All these mythical user-protecting chargebacks are almost never used by consumers for refunds (companies who care about brand help them settling refunds) and almost always for the cases when you CC detai…

And if you bought Bitcoins at X and now they're valued at .1X... now what? A revolutionary new way to gamble on the price of an online purchase?

That never happened since 2011. Consider also investing for at least a year or two: in such case you have a 99,9% chance to be in a big fat profit. Wishing to buy BTC and get rich quick is a huge gamble. Or if you are not interested in holding BTC at all and only buy it to access certain markets (e.g. where CC do not work), then it's stable enough on an hourly basis. You'd waste more money on exchange fees anyway.

Post by [deleted] » Thu, Jul 10, 2014, 8:25 AM UTC

user24 wrote: post #62

sillysaurus3 wrote: post #48

Great. So, when can customers expect their money to be protected after they convert their savings into bitcoin, without trusting their coins to a third party service like Coinbase, and without spending a solid week learning how to safely store their coins themselves? This is exactly a "schlep blindness" problem that a startup could be solving. Deliver a turnkey solution for consumers to store their own coins. Don't m…

> So, when can customers expect their money to be protected after they convert their savings into bitcoin, without trusting their coins to a third party service like Coinbase, and without spending a solid week learning how to safely store their coins themselves? Given the huge amount of developer interest, I'd be pretty surprised if several groups of smart people aren't kept awake at night by their awesome ideas abou…

[deleted]

Re: Newegg is now accepting Bitcoin

Re: Newegg is now accepting Bitcoin