Bitcoin
Bitcoin
Out of context: Reply #749
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- CableStudios0
Spam or no spam. This just happened...
"So, just minutes ago, Overstock started accepting bitcoin payments"
“I felt I had tipped my hand,” Byrne says. “I didn’t want someone else to beat us.”
- Before each payment is made, Coinbase sets an exchange rate, immediately converts the buyer’s bitcoin into dollars, and transfers the dollars to Overstock. The retailer never holds any bitcoin.CableStudios
- the dollars to Overstock. The retailer never holds any bitcoin. This does add liquidity to the market however.CableStudios