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re: Another week, another billion dollar company accepting bitcoin
Posted on 6/11/14 at 12:25 pm to joshnorris14
Posted on 6/11/14 at 12:25 pm to joshnorris14
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.
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.
This post was edited on 6/11/14 at 12:25 pm
2
Posted on 6/11/14 at 12:30 pm to LNCHBOX
Keep moving those goal posts
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.
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