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Expedia accepts Coinbase, not Bitcoin. This is no different than accepting PayPal. Did you pay with PayPal balance, credit card, or bank account - it doesn't ma

by kolev 12y ago

Expedia accepts Coinbase, not Bitcoin. This is no different than accepting PayPal. Did you pay with PayPal balance, credit card, or bank account - it doesn't matter. You implement PayPal APIs and you receive dollars from PayPal. The rest is just speculation, but seems that price is dropping as "acceptance" like this can only lead to selling pressure if it ever gains any traction, of course. I'm really surprised all these merchants implementing Bitcoin for the PR, but confusing their checkout routine. The path to checkout should be as short as possible with as little decisions to be made along the way. Any distraction can lead to abandonment. Is the cheap PR all worth it? I personally doubt. It's obvious that the general public is not interested in Bitcoin and is, in fact, getting bored. I keep polling non-techie friends, the common theme is "Bitcoin is a scam". Even most tech people aren't much interested except the small share who invest in stocks, i.e. the speculator by nature.

bequanna 12y ago
> It's obvious that the general public is not interested in Bitcoin and is, in fact, getting bored. Do you have any proof to backup this statement? Bitcoin related growth abound. The number of My Wallet Users has doubled in the past 6 months. http://blockchain.info/charts/my-wallet-n-users http://blockchain.info/charts/my-wallet-n-users
- kolev 12y ago
  Lots of people are splitting coins into multiple wallets, duh.
- kolev 12y ago
  Also, I'm sure there are speculators running scripts to generate new wallets and pump the bubble further.
  - bequanna 12y ago
    >Also, I'm sure there are speculators running scripts to generate new wallets and pump the bubble further. That sounds like pretty strong, objective evidence. /s There are Bitcoin bulls and bears. Nothing wrong with being either. But, if you're going to make claims, at least have facts to back them up.
    - kolev 12y ago
      I can't prove it as I'm not the NSA. We're not in court anyway - heuristics here is totally acceptable. What I proposed was solid - after all the Bitcoin theft recently, many learned to use hot/cold wallets, not split holdings in several wallets, etc.
- user24 12y ago
  A good place to see a variety of metrics for bitcoin's growth is here: http://bitcoinpulse.com/ http://bitcoinpulse.com/ edit: Hmm, after I wrote that I realised it sounds a bit spammy. To be clear: I'm not affiliated in any way with that site.

by kolev 12y ago

bequanna 12y ago

> It's obvious that the general public is not interested in Bitcoin and is, in fact, getting bored. Do you have any proof to backup this statement? Bitcoin related growth abound. The number of My Wallet Users has doubled in the past 6 months. http://blockchain.info/charts/my-wallet-n-users http://blockchain.info/charts/my-wallet-n-users

kolev 12y ago
Lots of people are splitting coins into multiple wallets, duh.
kolev 12y ago
Also, I'm sure there are speculators running scripts to generate new wallets and pump the bubble further.
- bequanna 12y ago
  >Also, I'm sure there are speculators running scripts to generate new wallets and pump the bubble further. That sounds like pretty strong, objective evidence. /s There are Bitcoin bulls and bears. Nothing wrong with being either. But, if you're going to make claims, at least have facts to back them up.
  - kolev 12y ago
    I can't prove it as I'm not the NSA. We're not in court anyway - heuristics here is totally acceptable. What I proposed was solid - after all the Bitcoin theft recently, many learned to use hot/cold wallets, not split holdings in several wallets, etc.
user24 12y ago
A good place to see a variety of metrics for bitcoin's growth is here: http://bitcoinpulse.com/ http://bitcoinpulse.com/ edit: Hmm, after I wrote that I realised it sounds a bit spammy. To be clear: I'm not affiliated in any way with that site.