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Message
re: Another week, another billion dollar company accepting bitcoin
Posted on 6/11/14 at 2:07 pm to LNCHBOX
Posted on 6/11/14 at 2:07 pm to LNCHBOX
quote:
And just like I asked last time, how much bitcoin will they be holding?
ETA: Better yet, just how long do you think they will wait before converting bitcoin payments to USD? I'll set the over under at 0.5 seconds.
From the article it sounds like expedia never sees a bitcoin:
quote:
When a user commits to a hotel reservation and wants to pay, Expedia will hand the user off to Coinbase's Web site, where the customer will log into her personal bitcoin wallet and authorize the transaction. (This should sound familiar to anyone who's used PayPal to buy goods and services online.) Coinbase then automatically converts the bitcoins into dollars and boom, the payment is complete.
1
Posted on 6/11/14 at 2:09 pm to htownjeep
Posted on 6/11/14 at 2:21 pm to joshnorris14
Technically, Expedia is NOT accepting bitcoin.
If someone wants to pay in bitcoin, Expedia directs them to a third party who takes the bitcoin, converts it to dollars and then pays Expedia in dollars.
You're wrong again.
Shocking!
If someone wants to pay in bitcoin, Expedia directs them to a third party who takes the bitcoin, converts it to dollars and then pays Expedia in dollars.
You're wrong again.
Shocking!
Posted on 6/11/14 at 2:23 pm to LSURussian
quote:
Technically, Expedia is NOT accepting bitcoin.
That's the way I read it as well. Expedia IS adding a link to their website so you can exchange your monopoly money quicker and send them real money.
Posted on 6/11/14 at 2:26 pm to htownjeep
You'd think that josh would get tired of looking like an arse every time he starts a thread about bitcoin, but apparently he enjoys it.
Posted on 6/11/14 at 2:31 pm to joshnorris14
Bitcoin is back bitches
Posted on 6/11/14 at 2:35 pm to joshnorris14
Let me know when they keep their assets in the form of bitcoins.
Posted on 6/11/14 at 2:36 pm to joshnorris14
quote:
Keep moving those goal posts
We are moving them closer for you because every time you fail to kick.
Posted on 6/11/14 at 2:56 pm to LSURussian
quote:
Yet it's going to topple governments and destroy central banks....
Well, they already did topple Mt. Gox. Wasn't that like a central bitcoin bank of sorts? Gotta start somewhere.
Posted on 6/11/14 at 3:04 pm to JayDeerTay84
quote:
Let me know when they keep their assets in the form of bitcoins.
Thats the issue... Does Bitcoin have some advantages over other types of "currency"? Yes it does
But in reality, unless all other currencies collapse and Bitcoin is the only accepted form of payment, it is nothing more than a means of transport... Identical to a credit card. At least with a credit card, I am 100% protected against theft and can dispute charges if the services/goods aren't as described.
Posted on 6/11/14 at 3:49 pm to Lsut81
Bunch of goalposts moving Statist Bastards in here.
Posted on 6/11/14 at 4:52 pm to joshnorris14
I'm thrilled with this news.
Now wiki can book a flight to get back home from Japan. Josh, bless his heart, is trying his very bestest but he just doesn't have the Maestro's knack for making compelling bitcoin threads.
On a side note, the word "bitcoin" is being flagged by my spell check. No respect!
Now wiki can book a flight to get back home from Japan. Josh, bless his heart, is trying his very bestest but he just doesn't have the Maestro's knack for making compelling bitcoin threads.
On a side note, the word "bitcoin" is being flagged by my spell check. No respect!
Posted on 6/11/14 at 5:24 pm to joshnorris14
quote:I share your excitement for the concept, just not this iteration of it.
Another week, another billion dollar company accepting bitcoin
Posted on 6/11/14 at 6:08 pm to joshnorris14
I read that expedia also accepts VISA. I have 3 of those.
How much are they worth?
How much are they worth?
Posted on 6/11/14 at 6:55 pm to League Champs
quote::rimshot:
I read that expedia also accepts VISA. I have 3 of those.
How much are they worth?
Posted on 6/12/14 at 6:35 am to LSURussian
It's so much fun to be a part of this thanks to you guys. Thanks so much.
Posted on 6/12/14 at 7:35 am to joshnorris14
Oh my God. Now I can't wait to go out and convert my U.S. dollars to Bitcoins so that I can use Coinbase to convert my Bitcoins to U.S. dollars when I want to use Expedia's services. It's a good thing that Coinbase doesn't charge anything for its services, and there are no transaction costs to converting my dollars to Bitcoins. Otherwise it might cost me more to use Bitcoins than dollars to use Expedia's services.
How many unique Bitcoin addresses exist? According to this website, there has never been a day in which as many as 225,000 unique Bitcoin addresses engaged in transactions. Somehow I am skeptical that the number of addresses engaging in transactions is going to increase significantly due to people using Expedia's services.
How many unique Bitcoin addresses exist? According to this website, there has never been a day in which as many as 225,000 unique Bitcoin addresses engaged in transactions. Somehow I am skeptical that the number of addresses engaging in transactions is going to increase significantly due to people using Expedia's services.
Posted on 6/12/14 at 7:48 am to League Champs
quote:
I read that expedia also accepts VISA. I have 3 of those.
How much are they worth?
True story, I used amex very recently to book a hotel in Seattle. It didn't take me to a different site to do any conversions and amex does not charge me a fee at all for the transaction. How is the other way better? I want to seem cool, hip and smart too. Please open my eyes!
Posted on 6/12/14 at 9:21 am to htownjeep
quote:
True story, I used amex very recently to book a hotel in Seattle. It didn't take me to a different site to do any conversions and amex does not charge me a fee at all for the transaction. How is the other way better? I want to seem cool, hip and smart too. Please open my eyes!
YOU DON'T UNDERSTAND CRYPTOGRAPHY!!!!!
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