Overstock is one of the biggest online shops with "everything".
Now they integrated their payment gateway with Shapeshift and thanks to that we can pay now for everything not only with Bitcoin but also 40+ other currencies directly and our belowed STEEMs older brother Bitshares is one of them!
Sadly STEEM is turned off on Shapeshift but as soon as its available i bet the shopping spree will start!
BTS Markets
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Overstock is awesome, their BTC integration works very well and you can buy pretty much anything there. Shapeshift/STEEM/BTS is huge! Awesome!
Owesome
Don't forget to pay taxes on your purchases! From every crypto purchase to physical goods you have to pay tax based on the fiat amount of the purchase
Perhaps I don't understand... so taxes aren't included in the checkout? You're stating that people need to remember to pay taxes separate from the item?
No. I think fatboy is reffering to the capital gains tax. Purchasing an item is basically saying your selling your bitcoin (or other crypto). So if you bought it for less then what it is worth when purchasing an item with it then it needs to be on your schedule D for US citizens. I use bitcoin.tax site. They can keep track of multiple cryptos and have different rules (like fifo, lifo) you can apply to determine capital gains.
Yes. At least that is law in Europe. It is the same taxable event as selling your stock
oh taxes on these too :(
This will be a boost For cryptos
Sure
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I think so too!!!
UPVOTED.
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Anything thats accepts PayPal is a massive bonus!
The more adoption we have, the more cryptos will become mainstream.
@kingscrown this is amazing and an amazing post! I hope to see more options to use Cryptocurrency in the future on sites like this one! Thank you so much for sharing this and creating this post.
Sincerely,
@joeparys
Great post!
Awesome news as more merchants accepting crypto makes it a very valid method of payment!
Between this and fiat conversion tech like TenX, crypto is unstoppable.
This is very good news , but i wish STEEM be added to Overstock soon. thanks @kingscrown .
I think Overstock are the pioneers of the future, and hopefully other business's will continue to follow their approach to digital currencies...
Useful information man, people need to know things like this. Thanks for sharing. Resteemed
How exciting it is to be participating at the beginning! It won't be long before they will all be accepted everywhere. The value should rise sky high!
Good post
It only means that, cryptocurrency is a real thing and not just a unicorn of 21st century. With this event, people might become aware of crytocurrency and adopt it as the medium of exchange which is good for all of us.
I am look forward, that one day steem will become a part of this big picture.
This is indeed a good news for we crypto lovers , keeping my fingers crossed for steem , upped. Thanks for sharing.
Wow. Amazing post.
nice information thx......
hopefully steem too
Interesting, never heard of it before. Will try and check it out later.
Useful information.
Steem can be the future facebook.
To much overprice online shop 🔥 not going . they should rename it Overstock to Overprice online shop
nice one, this'll be the future of cryptocurrency, maybe several years later cryptocurrency will be used as an usual payment method
Overstock is so overpriced on everything. Does Amazon do this yet? If not, please let us know when they do!
Wow
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What's up with that STEEM being turned off!?;(
Very great info as I heard '0verstock's' name so much throughout the years 0f reading 0f digital currencies. It was always bitcoin this, bitcoin that and now look!
Truly amazing to see other currencies thriving, especially considering that I am invested in some.
As always, Resteemed ;)
Wow! Awesome.
Neat :) tip! post
Great, soon it will be possible to pay everywhere with crypto currency!
crypto
Wow, that is a good news
That is absolutely amazing.
I guess I can start using my bitshares now.
Thanks for letting us know @kingscrown
When one person steps out from the crowd, others will follow. coming soon. Thanks for the great news.
oh we need Steem there.
meanwhile great news for Crypto Currencies <3
Hello @kingscrown do you help new members like myself to grow on steemit with an upvote or maybe resteem. BTW this post is very informative ! I am @hazelnuts
This is awesome. Resteemed.
Wow look ing realy promising.
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This just blew my mind. Awesome. Thanks for sharing this! Hopefully more CEO's start thinking the same way. CRYPTOWORLD!
I think this is a good step in the acceptance of currencies in the fight against fiat!
post a great can be useful can be used as experience .semoga be a friend who can help me in order to like you ..... to dream and hope in reach. like @sinta need dukugan friend. greetings esteem.
this one will be best bonus
This is very exciting news. Services like Shapeshift are really key for vendor adoption of cryptocurrency payments. Can't wait to see this utilized in more and larger consumer-facing sites! Thanks for sharing... my pleasure to give this a RESTEEM.
Just what i needed, i am going to use it now. Thanks brother!
This is great News. Waiting for more stores to used Bitcoin.
@melowd
Japan covered this area ;)
interesting boost for sure!
Its a great news.
Que buena información, el compilado esta bastante ordenado, gracias por compartir
good - reply