Post
Topic
Board Bitcoin Discussion
Re: Great news from Dell and Alienware
by
Dr. Pepper
on 25/07/2014, 12:44:21 UTC
Does this offer valid for buyer outside US?

That's what I'd like to know. The price mentioned on twitter gives it out as a max $150 dollar saving.

This is bad in the short term for Bitcoin. Because Dell uses Coinbase(instead of accepting and keeping Bitcoin directly), coinbase will need to eventually sell the BTC to cover the USD they gave to Dell. This is why the price is dropping. Then people start to panic and sell as well.

But in order to spend BTC people need to buy if first, so basically there's no real "bad impact" to BTC's price here...
I believe only people that had BTC prior or from early days will be willing to spend them there, people who do not own any BTC aren't going to jump through heaps and hoops and various banking fees to deposit money so they can buy BTC and then buy the Dell products. The 10% difference would likely even out and it would be no different than buying it directly with fiat.

seems you are still on the fiat band wagon. you care more about daily FIAT price then you care about bitcoins usefulness as its own currency.

i think its time you cashed out and moved on with your fiat life or you will forever be hating on every new merchant that loves bitcoin

People can care both about bitcoin and also the price. Some people have invested heavily in it so it's ok to be concerned with the fiat price.