Microsoft now takes bitcoin



  • Exactly what the title says. Microsoft has decided to join Dell, Newegg, Overstock, Tigerdirect and... PayPal?!

    I know it's always been the butt of the joke here, so I thought I'd post this just in case people haven't seen it.



  • tumbleweed rolls

    I thought crypto was pretty dead by now after it dropped in value by 70%. Or MS is just really late to the party as they often are.


  • SockDev

    mining it's been dead as a way to make money for ages. but trading in the stuff... there's something about a currency that is all but impossible to trace that means people want to get their hands on it (at least temporarily)



  • Watch, it'll go back up any second now.

    ..aaaany second now.....



  • It's a Christmas miracle!



  • Is that all Ruble-moneys?



  • And now we have one more vendor that, rather than accepting Bitcoin directly, has an intermediary convert the Bitcoin into USD.



  • @accalia said:

    there's something about a currency that is all but impossible to trace that means people want to get their hands on it

    Novelty.

    The only people who really benefited from cryptocurrencies were manufacturers of FPUs.

    And a few who got in on the ground floor and cashed out.


  • SockDev

    don't forget the savy wallstreet traders that saw an unregulated exchange to manipulate. ;-)



  • I have come to the conclusion the internet is full of failed Economics graduates, based on the popularity of cryptocurrencies and people who spend hours in MMOs playing the market.


  • SockDev

    jab at me that or at the internet?

    hard to read that one.

    i think you meant internet, but incase you meant me.... sorry? i never pretended to be economics. only to manipulate them through having superior knowledge

    namesly the entire CS dept hacked the "stock market simulator" that we used in economics class so we always knew how the stocks were going to behave weeks ahead in the "simulation" and simply bought and sold accordingly.

    i am sure that class acutally destroyed whatever market sense i actually had before taking it.



  • Always the Internet.


  • Discourse touched me in a no-no place

    @accalia said:

    namesly the entire CS dept hacked the "stock market simulator" that we used in economics class so we always knew how the stocks were going to behave weeks ahead in the "simulation" and simply bought and sold accordingly.

    Sounds like they were merely adopting market best practice.



  • @trithne said:

    The only people who really benefited from cryptocurrencies were manufacturers of FPUs.

    Big Coal?


  • SockDev

    @dkf said:

    Sounds like they were merely adopting market best practice.

    maybe. i'll tell you though it pissed off the business majors that we always won.


  • Discourse touched me in a no-no place

    @accalia said:

    namesly the entire CS dept hacked the "stock market simulator" that we used in economics class so we always knew how the stocks were going to behave weeks ahead in the "simulation" and simply bought and sold accordingly.

    I hope you worked some kind of Kobayashi Maru reference in there.


  • SockDev

    @FrostCat said:

    I hope you worked some kind of Kobayashi Maru reference in there.

    in the economics class? no. they didn't need to know. ;-)

    in the computer ethics class we did a self study report on a semester later (conclusion: we were naughty) yes we did.


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