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Microsoft Still Accepts Bitcoin, Apologizes For 'Inaccurate Information'
An anonymous reader writes: In December 2014, Microsoft added Bitcoin as a payment option, courtesy of Bitcoin processor BitPay, for a variety of its gaming and mobile content. On Saturday, a simple message titled "Microsoft Store doesn't accept Bitcoin" was spotted on Microsoft's website, and naturally some interpreted that as meaning support for the digital currency had ended. We asked Microsoft for clarification, but the company only got back to us [Monday] — with an explanation that it was all a mistake.
To take this desperate coinage?
i thought all the bitcoiners just hoarded them since the value will only go up uP UP
Still boycotting M$ until they take dogecoin.
If bitcoin is only being horded then where are all the transactions coming from?
If you're scared of your govt then you need to further restrict its powers
Vote 3rd Party in 2016 and beyond
If bitcoin is only being horded then where are all the transactions coming from?
Keep taking out of one of your wallets and put it back into another wallet of yours? :-P
It's such an unstable currency that an announcement like that probably shifted its value enough to make at least one person very rich.
Just drugs. Other than that, no.
:-)
I did that a copy times in the beginning as an experiment. I doubt, really doubt, that newbie "does this sh1t actually work?" transactions are a meaningful percentage of the bitcoin market
If you're scared of your govt then you need to further restrict its powers
Vote 3rd Party in 2016 and beyond
Might not be newbies testing. Might be folks (newbies and not so newbies) using mixers/tumblers to try to obfuscate ownership.
The rest is cryptoware ransoms.
I doubt, really doubt, that newbie "does this sh1t actually work?" transactions are a meaningful percentage of the bitcoin market
Of course not.
They are replaced with "check out what I can do!" transactions, "I read about some latency, is that real?" transactions and "haha, no one can track these coins to me now!" wallet shuffling.
Someone at Microsoft took the time to put this together and post it. No one took it down immediately. So, I don't think it's a mistake other than a typical Microsoft "mistake" where they undo an action that they hoped would not receive blow back. There has been too many of these from MS lately. These guys need to bring in more quality control people.
how big % of bitcoins have already been used for ransoms?
I mean, thats the only "must have" buy scenario that jacks up price/creates demand and then they need to shuffle it back to be sold
world was created 5 seconds before this post as it is.
Isn't that how people churn stocks to increase the value? Wait, does that mean Wall Street is a scam too?