Tag Archives | bitcoin

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Newegg Now Accepts Bitcoin in Canada

There’s no denying Newegg shoppers are among the most tech-savvy on the Internet. For nearly 15 years, our customers have been at the forefront of technology and have allowed us to help them build the computer systems of their dreams. As our company grew over the years, it was these loyal shoppers who helped us […]

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The IRS Says Bitcoin is “Real” Money

Virtual currency is being used as legal tender all over the world, but many people still don’t consider it to be “real” money. Earlier this year, the Internal Revenue Service (IRS) issued a notice that declared “virtual currency is treated as property for U.S. federal tax purposes.” This declaration not only means that general tax […]

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Newegg is Now Accepting Bitcoin

You asked for it and we delivered. Starting today, all of our 25 million registered users can now pay for more than 10.5 million products with bitcoin. Many of our customers are some of the earliest bitcoin adopters and we believe that accepting cryptocurrency adds yet another convenient and secure way to fulfill our shopper’s […]

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Bitcoin Prices are Dropping

Well, that didn’t take long. One day after I wrote a post about the world’s most popular cryptocurrency and urged people to start mining, the largest Bitcoin exchange decided to suspend all withdrawals for an unknown length of time. The shocking news caused the price of Bitcoin to plummet significantly and it is now valued at […]

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