Content adapted from this Zerohedge.com article : Source
Anyone keeping track can add Craigslist to the list of companies getting involved in Bitcoin mania, as the online marketplace recently began allowing sellers the ability to indicate that they will accept cryptocurrency when advertising goods or services through the online marketplace.
The change was noticed by a Reddit user on Thursday in the "posting details" section of the Craigslist seller's page, right next to the "include "more ads by this user" link" box. Yes - now anyone can accept cold, hard, digital currency for their coveted Beanie Baby collection, exercise equipment clothing racks, or suspiciously expensive massage services.
Craigslist joins a growing number of companies adopting cryptocurrency options for their customers, including online gaming platform Steam, Overstock.com, _Tesla, Newegg, __Microsoft, and Virgin Galactic - _where just $15 bitcoins (at $16,429/BTC) will eventually buy a $250,000 trip into space next year.
Three weeks ago Twitter founder Jack Dorsey's credit card processing venture, Square, announced that they were exploring adding Bitcoin to their platform - causing the cryptocurrency to surge in response.
"...We've found that [customers] are interested in using the Cash App to buy Bitcoin," the company said in a statement.
"We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here."
Big news -- looks like Square is adding a function to buy and sell BTC... the herd is coming #bitcoin
— Michael Novogratz (@novogratz) November 15, 2017
And just yesterday we reported that the world's largest online seller of gold, Apmex, is now accepting Bitcoin. From the company's statement:
For more than 15 years, APMEX has been an industry leader and along the way has adapted to the growing needs of our customer base. As bitcoin becomes more popular and widely accepted as payment, we are thrilled to welcome the use of this cryptocurrency for buying Gold, Silver and other Precious Metals by integrating BitPay into our website.
It will be interesting to see how buyers and sellers using cryptos get along if this wild intra-day volatility continues, as things like Bitcoin, Etherium, and now 'CryptoKitties,' are not just a medium of exchange - but a short-term, and extremely aggressive directional bet.
It is interesting that companies are adding BTC just as the costs are increasing and the network is hitting traffic issues. While I like BTC for larger transactions which go after the banking industry (payroll or paying of overseas suppliers) , I do not see BTC as an option for the day to day purchases.
I think most retailers are finding it time to go in the other direction.
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This is crazy! A lot of people use Craigslist and so I'm sure this will either increase curiosity of crypto or trust in it. But of course, there are people who already consider Craigslist as being pretty scammy, and so they may think it's even more of a scammy site with crypto involved. But I love crypto and so I'm not complaining :)
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Everything starts out, everyone trades with Bitcoin, companies announce publicly that they receive Bitcoin. Here is a photo from the Belgrade Exchange (writes that we receive Bitcoin)
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I use Craigslist site . thanks for your information friend
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i think it is best marketplace.i like your post dear
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Bitcoin is slow and average transation cost is over 20$. Price of BTC is experimenting enormous volatility.
Really, really genial timing for accept bitcoin as a payment system...
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great contant friend.
resteemed done @zer0hedge
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Gd News Dear @zer0hedge & thanx for sharing .
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good news of twitter adding Bitcoin to their platform.Bitcoin market is expanding very quickly. Growing rates are changing.
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CL is pretty shady dont get robbed
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this is the new achievement for cryptos...like the bitcoin ATM in australia
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Good post. Thanks for the information.
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how about transction fee? because of bitcoin price the transaction of bitcoin is a pain on the wallet.. it would be better if it includes other crypto.
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Thanks For Shared Cryptocurrency news @zer0hedge ✍✍👍
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Crypto space is full of surprises, this is good one, we’re expecting more global acceptance to decentralize economy, more companies adapting crypto currencies.
Good you shared with us @zer0hedge
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I agree with this
For more than 15 years, APMEX has been an industry leader and along the way has adapted to the growing needs of our customer base. As bitcoin becomes more popular and widely accepted as payment, we are thrilled to welcome the use of this cryptocurrency for buying Gold, Silver and other Precious Metals by integrating BitPay into our website.
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Please fix the line:
_where just $15 bitcoins
it hurts my eye :)
Bitcoin is the currency unit in this context. $ sign is unnecessary and shows the misinformation level. Or it's an annoying typo. Either way please fix.
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