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Comment by Karunamon | Hacker News Reader

Mm. The companies might have fallen from their high, but they're hardly irrelevant or dead. Overstock is advertised like crazy and has some pretty good deals to boot, Tiger competes directly with Newegg. App is a bit of an outlier there..

Starbucks or Apple? I'd assume the megacorps will take it up once the instability gets smoothed out a bit. Which is a problem of adoption, which means the faster the smaller fish like these adopt it, the faster the bigger ones will.

I predict Amazon will take BTC within the next 2-3 years.

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> I predict Amazon will take BTC within the next 2-3 years.

I'm willing to bet a hundred doge this doesn't happen.

For (future) reference, that's $0.17 at current rates [1].

[1] http://coinmill.com/USD_XDG.html#XDG=100

> I'd assume the megacorps will take it up once the instability gets smoothed out a bit.

Why would they care if they get paid through bitpay or coinbase in USD anyway? It doesn't actually matter the current exchange rate for btc because they get the same USD anyway.

If it were me, it would be because the visual prices fluctuate on the site. If you put some stuff in your cart, wait a day, and find out the price went up by the equivalent of $100, it doesn't make the retailer look good.

Someone has to handle that transaction - like Coinbase.

Part of their risk is that Coinbase, still an early stage company, isn't reliable enough to process their volume. They could have issues with how they process transactions, all kinds of things could come up.

Part of it is being risk-averse to BTC itself, part is being risk-averse to early stage payment gateways.

>Tiger competes directly with Newegg

Interesting. The site designs always had me thinking they were two sides of the same coin.

I've typically bought computer stuff from Tiger Direct. About half of my computer parts have came from there for about the last 10 years or so. They aren't the absolute cheapest site online, but I've never had any problem with returns or customer service with them, so I keep with them.

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