Bitcoin investors suffered through a stressful weekend as they sat helplessly and watched the value of the cryptocurrency drop to $286, the lowest it's been in about 11 months and representative of a nearly 20 percent drop. The highly volatile cryptocurrency has been consistently losing value since hitting a high of over $1,100 in December 2013, and though it's recovered a bit from its weekend dip, some fear the market is crashing.
Use those virtual coins you earned with hardware to, well, buy more hardware
At the rate things are going, even Russian brides and flux capacitors will rank among the things you can buy with Bitcoin, the cryptocurrency that's had its ups and downs in the media. In the meantime, there are plenty of other things you can buy with the popular virtual currency. You could even build your system with parts bought with Bitcoin currency now that Newegg is accepting it.
Beginning in the third quarter of this year, Dish Network will accept Bitcoin currency for its pay-TV subscription service, the satellite TV service announced today. In doing so, Dish Network says it will become the largest company in the world to accept the popular virtual currency, though it's far from the only one -- you can buy anything from tacos to even Lamborghinis using Bitcoins.
Custom PC builder embraces the virtual coin movement
Back in January of this year, Xidax became the first system builder to add Bitcoin to its list of payment methods. Apparently happy with the way things have been going, the boutique builder is claiming another first in the virtual coin community by accepting Dogecoin, which is similar to Litecoin in that it can be mined much quicker than Bitcoins. Dogecoin is arguably the hottest virtual currency at the moment.
Ever heard of Xidax? The custom PC company made headlines last year when it debuted onto the scene as the first in the industry to offer a lifetime parts and labor guarantee on all desktop systems. Further proof that Xidax isn't afraid to be a pioneer in the PC building space is today's announcement that the company is the first enthusiast boutique builder to accept Bitcoins.