Quote from: ljudotina on January 10, 2014, 11:13:14 AM

Quote from: Raghnar on January 10, 2014, 10:59:12 AM

Quote from: Michael Robinson on January 10, 2014, 05:50:56 AM

I think it's because this wasn't "news". Overstock announced it would be accepting bitcoin payments weeks ago, and at that point it DID boost the price.e

They didn't announce that they would be accepting bitcoin payments, they announced that they PLANNED to accept bitcoin payments in about five months. That was far from a sure thing and a lot could have gone wrong before then (including changing their mind).

So it is significant "news" that a major retailer is actually taking bitcoin. However the chart was already screwed up plus the recent bad news out of China and the mining bad news, so was too much to overcome.

http://www.overstock.com/bitcoin?TID=PRODPG:Bitcoin

They are accepting BTC NOW.

Yes that was my point.