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Dish teams up with CoinBase to become the largest company to accept BitCoin

Posted on 5/29/14 at 1:16 pm
Posted by Sev09
Nantucket
Member since Feb 2011
15560 posts
Posted on 5/29/14 at 1:16 pm
LINK


:justafad:

ETA: and the price of BTC has catapulted to over $560 after this news.
This post was edited on 5/29/14 at 1:17 pm
Posted by LNCHBOX
70448
Member since Jun 2009
84118 posts
Posted on 5/29/14 at 1:17 pm to
quote:

:justafad:


Is DISH holding the bitcoins they receive or immediately converting them to a real currency?

ETA:
quote:

ETA: and the price of BTC has catapulted to over $560 after this news.


Lolz at saying the price catapulted when just a few months ago it was worth approximately double that.
This post was edited on 5/29/14 at 1:18 pm
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 5/29/14 at 1:19 pm to
well this should work out just fine
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63026 posts
Posted on 5/29/14 at 1:20 pm to
quote:

and the price of BTC has catapulted to over $560 after this news.


This statement is weird when put into the context of the average person's interest in BTC at this point. Last time I checked, it was over $1000.
Posted by Sev09
Nantucket
Member since Feb 2011
15560 posts
Posted on 5/29/14 at 1:20 pm to
quote:

Is DISH holding the bitcoins they receive or immediately converting them to a real currency?


Doesn't matter. If you can store value in a given currency, and it's accepted by parties that sell desirable services, it checks out.

And I'm sure that they'll hold some unconverted BTC in their funds, too.
Posted by LNCHBOX
70448
Member since Jun 2009
84118 posts
Posted on 5/29/14 at 1:22 pm to
quote:

Doesn't matter.


Sure it does.

If they aren't holding them, they're just using this as a marketing gimmick to suck BTC users into using DISH. Good job on falling for it.
Posted by Sev09
Nantucket
Member since Feb 2011
15560 posts
Posted on 5/29/14 at 1:29 pm to
quote:

Good job on falling for it.


I don't have Dish,
Posted by ILikeLSUToo
Central, LA
Member since Jan 2008
18018 posts
Posted on 5/29/14 at 1:32 pm to
quote:

ETA: and the price of BTC has catapulted to over $560 after this news.


Was this announced today? Because the coinbase price was around $580 8 days ago.
Posted by The Boat
Member since Oct 2008
164137 posts
Posted on 5/29/14 at 1:43 pm to
Haters gonna hate, Sev09.

While you're rich in living life in a few years in your 30s most old people scared of bitcoin on the OT will be pooping in their diapers.
Posted by Mr. Tom Morrow
Cosmic Ray's Starlight Cafe
Member since Jun 2012
6847 posts
Posted on 5/29/14 at 1:45 pm to
Are the diapers gold plated?

And where's wikitiger been, did he die?
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 5/29/14 at 1:49 pm to
quote:

And where's wikitiger been, did he die?




No but bitcoin has, which is why he has gone MIA! I assure you that if it was at $2000 right now he would be posting 100 times a day!
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 5/29/14 at 1:52 pm to
quote:

No but bitcoin has


I told these dummies. I hope a boatload got in when it dipped to $900.
Posted by VetteGuy
Member since Feb 2008
28182 posts
Posted on 5/29/14 at 1:54 pm to
Agreed.

$1000 was the high water mark.

Shoulda sold before the winklevoss twins (or whatever their name is) get tired of propping it up.
Posted by The Boat
Member since Oct 2008
164137 posts
Posted on 5/29/14 at 1:56 pm to
quote:

I told these dummies. I hope a boatload got in when it dipped to $900.

Wiki got in a $1. So even now he's at an enormous profit.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 5/29/14 at 1:58 pm to
quote:

Wiki got in a $1.


Watch this:

I got in at about $.84.

See how easy that was.
Posted by The Boat
Member since Oct 2008
164137 posts
Posted on 5/29/14 at 2:00 pm to
Considering he was posting about it when it was that low I'd say he was invested in it.
Posted by ILikeLSUToo
Central, LA
Member since Jan 2008
18018 posts
Posted on 5/29/14 at 2:01 pm to
quote:

No but bitcoin has, which is why he has gone MIA! I assure you that if it was at $2000 right now he would be posting 100 times a day!



No, he abandoned his username when someone hinted at his IRL identity.
Posted by Sev09
Nantucket
Member since Feb 2011
15560 posts
Posted on 5/29/14 at 2:07 pm to
quote:

Haters gonna hate, Sev09.

While you're rich in living life in a few years in your 30s most old people scared of bitcoin on the OT will be pooping in their diapers.


True dat.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 5/29/14 at 2:07 pm to
quote:

No, he abandoned his username when someone hinted at his IRL identity.



Thats messed up, I always liked Wiki!
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/29/14 at 2:08 pm to
quote:

No, he abandoned his username when someone hinted at his IRL identity.


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