Topic: BitPay black friday numbers suck? - page 2. (Read 3922 times)
That is likely a self-issued press release from Bitpay. Hardly enough to claim it as "fact". It's a pretty standard PR move.
ROFL
Revans is going to do his nut!! What a loser!
Time to eat some humble pie.
Revans is going to do his nut!! What a loser!
Time to eat some humble pie.
FUDsters don't let facts get in the way of their work
ROFL
Revans is going to do his nut!! What a loser!
Time to eat some humble pie.
Revans is going to do his nut!! What a loser!
Time to eat some humble pie.
In case anyone was actually wondering about BitPay's Black Friday numbers:
http://www.businesswire.com/news/home/20131202005685/en/BitPay-Drives-Explosive-Growth-Bitcoin-Commerce
tl:dr - record breaking volume!
http://www.businesswire.com/news/home/20131202005685/en/BitPay-Drives-Explosive-Growth-Bitcoin-Commerce
tl:dr - record breaking volume!
because unless you spend some of your coins, the rest aint gonna be valued at 10k
perfectly logical
perfectly logical
All I see on the speculation subforum are posts by people who believe we`re going to see $10,000 per coin soon or some other wildly optimistic number, yet I also see many of the same people writing that they used their bitcoins this week for shopping. Why would you shop with your coins if you think they`ll be worth 10x (or whatever figure) next year? Is everyone here insane or what?
Why would anybody by a mobile phone? If they waited a few months they could buy a better model cheaper.
All I see on the speculation subforum are posts by people who believe we`re going to see $10,000 per coin soon or some other wildly optimistic number, yet I also see many of the same people writing that they used their bitcoins this week for shopping. Why would you shop with your coins if you think they`ll be worth 10x (or whatever figure) next year? Is everyone here insane or what?
Sometimes you just want something.
I spent 100 mBTC on gifts...then immediately afterwards I bought 100 mBTC from coinbase. problem solved.
Yes this a personal rule I've always stuck to. If I spend some coins, I always top up again with equal or greater amount.
This way I protect myself from self butthurt if price rises.
All valid points except the last one. You don't really NEED to spend them, as you might NEED a computer to achieve some desired goal. In which case it would be a necessary sacrifice.
Why would you shop with your coins if you think they`ll be worth 10x (or whatever figure) next year? Is everyone here insane or what?
Personally there a number of factors:
- I understand that what is happening with bitcoin may continue or it may not. It could be $10,000 or $100,000 or never more than $1,250. I may as well hold some and spend some so I gain in either event.
- I was lucky to have bought years ago. I feel like I can spare a few.
- I could die tomorrow. Why not enjoy it while I have it? And not just me, but my family as well?
- Even though I am self-employed I still live "check to check," it's just that my checks are sporadic. I am not wealthy. I'm always scraping by to get that mortgage payment. I have no savings aside from bitcoin. I don't feel like I could spare cash for the holidays but I do feel like I could spare a few coins.
- On top of those reasons there is always the old "why would you buy a computer when tomorrow it'll be faster and cheaper?" At some point, if one wants a computer, one just needs to dive in without over-analyzing it.
All I see on the speculation subforum are posts by people who believe we`re going to see $10,000 per coin soon or some other wildly optimistic number, yet I also see many of the same people writing that they used their bitcoins this week for shopping. Why would you shop with your coins if you think they`ll be worth 10x (or whatever figure) next year? Is everyone here insane or what?
They are talking about potential, not current value. Whether or not the potential will play out in the future is unknown, so it doesn't hurt to lock in a small part of the tremendous gains most have seen this month, especially if it helps make a case for merchant adoption.
All I see on the speculation subforum are posts by people who believe we`re going to see $10,000 per coin soon or some other wildly optimistic number, yet I also see many of the same people writing that they used their bitcoins this week for shopping. Why would you shop with your coins if you think they`ll be worth 10x (or whatever figure) next year? Is everyone here insane or what?
I spent 100 mBTC on gifts...then immediately afterwards I bought 100 mBTC from coinbase. problem solved.
Yes, welcome to bitcoin
All I see on the speculation subforum are posts by people who believe we`re going to see $10,000 per coin soon or some other wildly optimistic number, yet I also see many of the same people writing that they used their bitcoins this week for shopping. Why would you shop with your coins if you think they`ll be worth 10x (or whatever figure) next year? Is everyone here insane or what?
Was anyone expecting anything different?? 
Bitpay is crashing and burning at the moment. Go to any of their merchants and try to buy something. If the numbers suck, it'll be because they suck.
This thread is a joke.
Bitpay has absolutely zero obligation to release there numbers, and Black Friday isn't even over yet. I've been away from home all day, and have finally been able to spend my coins.
Bitpay has absolutely zero obligation to release there numbers, and Black Friday isn't even over yet. I've been away from home all day, and have finally been able to spend my coins.
Bitpay twitter suggests record volume in transactions, so this thread should close...
BitPay @bitpay 5h
We are seeing record #bitcoin transaction volume today. #bitcoinblackfriday
BitPay @bitpay 5h
We are seeing record #bitcoin transaction volume today. #bitcoinblackfriday
If last year's dismal showing is the metric of comparison I don't think there is much to get excited about
Bitpay twitter suggests record volume in transactions, so this thread should close...
BitPay @bitpay 5h
We are seeing record #bitcoin transaction volume today. #bitcoinblackfriday
BitPay @bitpay 5h
We are seeing record #bitcoin transaction volume today. #bitcoinblackfriday
I made 30-40 BitPay transactions via Gyft.com today. I spent a few BTC loading up on gift cards and then spent some of those on Amazon. I spent more dough for this holiday season than any other in my life, all in Bitcoin, all today. Thanks to Coinbase + Gyft/BitPay + Amazon.
I thought my 10 BitPay transactions (so far today) was good. Nice work! Christmas shopping today exclusively with bitcoin has really opened my eyes to how quickly retailers (albiet typically small niche retailers) are coming on board. As you pointed out, Gyft is making a huge contribution too.
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