Topic: Bitcoin Black Friday - Episode 4: A New Hope - page 3. (Read 4957 times)
Hopefully the bitcoin black Friday sites have the merchant list and deals very well organized. I don't want to just see a list of 2,000 merchants. I will only have about 2 hours to spend shopping online.
What I really hate is that most of this BF lists become available on Black Friday. People don't have enough time to prepare their strategies. I like to think about my purchases or investment decisions.
Ditto, there are some stores that are doing pre-black friday deals and seem to be skipping black friday in the US according to the news, but I guess in order to be fair in Bitcoin everyone is starting off on the same start with the same list and the same limited quanties.
What I really hate is that most of this BF lists become available on Black Friday. People don't have enough time to prepare their strategies. I like to think about my purchases or investment decisions.
If this price increase is really due to bitcoin black friday, which I doubt, than I expect a massive drop back again after friday.
I just dont see a reason why black friday would pump bitcoin, but that might be me.
If the prices were really going to get affected we would have seen some instability in the prices from today .Either going up or falling down so to expect anything could happen on the Black Friday .But since we are not seeing any possible changes don't think its going to affect the prices on Friday . I just dont see a reason why black friday would pump bitcoin, but that might be me.
If this price increase is really due to bitcoin black friday, which I doubt, than I expect a massive drop back again after friday.
I just dont see a reason why black friday would pump bitcoin, but that might be me.
I just dont see a reason why black friday would pump bitcoin, but that might be me.
I think that most people use their fiat money/cash to buy things for this black friday, after that there are the holidays at the end of the year which i doubt people will spend their bitcoins, i am saying this because the price is not good as we want to see (at least $400-$500)
If this price increase is really due to bitcoin black friday, which I doubt, than I expect a massive drop back again after friday.
I just dont see a reason why black friday would pump bitcoin, but that might be me.
I just dont see a reason why black friday would pump bitcoin, but that might be me.
Stoked to witness this event ! This is my first year of the event and quite surprised we actually have more than 2k merchants. I would like to know it there are any country specific restrictions or the shipping is provided by merchants all over the world ? Hoping the servers won't crash 
- More focus on advertising to the Bitcoin community. This year we're going to triple our efforts to get the word out about Bitcoin Black Friday to Bitcoin consumers. Hopefully the price bump will get people ready to spend some BTC and support our merchants.
this one of update for this year,i can support this one,interesting to make more advertising about bitcoin,and i wish this all will have a straigh way. and finally can reach the year of bitcoin in 2016.
this one of update for this year,i can support this one,interesting to make more advertising about bitcoin,and i wish this all will have a straigh way. and finally can reach the year of bitcoin in 2016.
Will keep watching this topic, already went to the website and put my email for remind me, i hope i can spend correctly my last <1 bitcoin in real goods by this Friday.
I actually have some BTC to spend this year if there is any great deals. I know walmart was advertising a bundle ps4 with unchartered for 299$ which is a pretty good deal
The net affect of Black Friday on the price of Bitcoin will be this :
The hoarders will release some coins to buy some of these items and the merchants will dump it via payment processors on exchanges to convert it to fiat. The supply of Bitcoin will increase and the need will be the same. This will push the price downwards.
After Black Friday, we will see a significant price drop. My guess would be at least $50 - $80.
The hoarders will release some coins to buy some of these items and the merchants will dump it via payment processors on exchanges to convert it to fiat. The supply of Bitcoin will increase and the need will be the same. This will push the price downwards.
After Black Friday, we will see a significant price drop. My guess would be at least $50 - $80.
We've never really seen a price drop due to increased sales.
Some merchants hold onto the BTC, some sell the next day, some sell instantly.
The volume out tends to be spread out pretty evenly, plus a lot of people buy straight BTC to give as presents/gifts!
That is just the thing, we never know what these merchants will do. I saw in another thread that over 150 merchants will be taking part in this and possibly even new retailers like Wallmart. If this happens, you would see a massive coin dump and these new companies would not hold on to their coins. They will convert everything to fiat and the price will drop. ^hmf^
i don't remember the last bitcoin black friday, there was a price increase? i think not, so why this time is so special?
in 2013 there was a huge rally but i'm sure it was not for this day
Isn't this is how it is every holiday season? They raise prices and say it is a sale when in fact it is not.in 2013 there was a huge rally but i'm sure it was not for this day
But buying with BTC does have it's perks as someone mentioned about shopping abroad and not paying taxes. Which I don't do of course.
I would recommend people buy their coins for spending on Friday now. Price is likely to be 1-2% higher on Friday.
It is happening already, from 320 to around 330.
But I think it is just coincidence or manipulation.
Might be people without credit cards buying BTC so they can buy things or people buying abroad and trying to avoid taxes, but I doubt.
One way or another, I would expect some dump after the Friday day
2 days until Black Friday hits!
Can't wait! looking forward to this.
I would recommend people buy their coins for spending on Friday now. Price is likely to be 1-2% higher on Friday.
i don't remember the last bitcoin black friday, there was a price increase? i think not, so why this time is so special?
in 2013 there was a huge rally but i'm sure it was not for this day
in 2013 there was a huge rally but i'm sure it was not for this day
2 days until Black Friday hits!
It's easy to succumb into the consumist temptation specially when we are getting closer to xmas.. but I will also stay true to my plan and that's to make as much BTC possible during this year which involves not selling any.
Or just top off your wallet with whatever amount you buy, skip spending dollars for the holiday.
I apologize for going off topic, but why don't you work at Ripple Labs anymore? Did you choose to leave, or are they making people redundant? Ripple's been crashing in price and I was wondering what the reason for it is, and if any insiders are Allowed to discuss it, or if they have non-disclosure agreements.
I left Ripple Labs a loooong time ago.
I was a full time student so it was difficult to juggle. Left to focus on my studies. Would love to work with them again.
I apologize for going off topic, but why don't you work at Ripple Labs anymore? Did you choose to leave, or are they making people redundant? Ripple's been crashing in price and I was wondering what the reason for it is, and if any insiders are Allowed to discuss it, or if they have non-disclosure agreements.
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