Quote from: Oilacris on August 22, 2017, 01:02:34 PM

Quote from: peter0425 on August 21, 2017, 02:46:59 PM

Quote from: Oilacris on August 21, 2017, 02:34:20 PM

Quote from: JimmyButlerCollector on August 21, 2017, 04:32:50 AM

In order for bitcoin to hit levels of $250,000+...... it will need to be accepted and marketed everywhere. So far, Microsoft accepts bitcoin. This could be the ice breaker and the door opener for other companies such as Apple, Sony, Google, etc down the road, eventually leading to retailers such as Walmart and franchise such as Mcdonalds.

In order for bitcoin to take off to levels that seem ridiculous right now, we will need to see the average Joe not only be holding bitcoin..... but also be spending it. (In this case, $250,000 could possibly be severely underestimated)

It would really be an Icebreaker when Microsoft would tend to accept bitcoin knowing that its really a big company and would really caught the attention of big companies too and they will surely decide to jump into bitcoin craze. If this thing would happen then high prices would really be expected but the main thing or concern here is what would be the thing that they would need to see on bitcoin for them to be convinced?

I don't think that it will benefit Microsoft to accept bitcoin. And I don't see them accepting bitcoin as payment. Its really the price instability that causes this big companies to accept bitcoins. Unless Bill Gates himself has admitted in public and he has invested millions on bitcoin and they will accept it, then bitcoin will become more popular and universally accepted because its Microsoft. And maybe other big IT company will follow what Microsoft has started and this will really push the price on the next level. But now, I don't see it happening.

You do have a point but its still a good payment option for them to implement.We do know its an IT company which means accepting bitcoin to them would really suits up.This would really increase awareness even though it wont give too much effect on Microsoft but later on when people already do know about bitcoin they will surely get benefit from it later on.

Well maybe they are already getting profit from bitcoin that we don't know, they can always use bitcoin because everyone can surely use it, or maybe Microsoft's owner already have an investment with bitcoin even if he don't have a partnership with bitcoin and his company he can surely use bitcoin freely for his personal needs, but yes implementing a combination of Microsoft and Bitcoin would be a win for the both parties.