Topic: Overstock revenue up 17% - big boost from bitcoin - page 2. (Read 1891 times)
Still, bitcoin price is very unstable.
Merchants accepting bitcoin payment will get exposed to the cryptocurrency related media outlet. No matter how many percents of the bitcoin sales contribute to the total revenues, many customers are attracted to their website to do their shopping with fiat or bitcoin. More merchants will follow it. Hopefully it will boost the number of merchants who are accepting bitcoin payment.
They got a lot of free advertising from their bitcoin announcement, so that factors in as well.
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While the 17% is not from bitcoin sales
*facepalm*
-B-
PS: I believe Bitcoin has represented less than 1% of their increased sales thus far.
While the 17% is not from bitcoin sales, bitcoin did contribute to this increase. Further, new users from the bitcoin community have now become more familiar with the excellent service Overstock has to offer and they enjoy using Overstock even with fiat.
Overstock gained many new customers and great press via its relationship with bitcoin. Keep up the good work and keep supporting businesses which support bitcoin.
Go buy some nice stuff from those guys today. They just bought 90 million dollars worth of nice jewelry. If you need a new watch, you'll get a seriously killer deal.
http://www.internetretailer.com/2014/10/23/overstockcoms-q3-revenue-increases-17
Overstock gained many new customers and great press via its relationship with bitcoin. Keep up the good work and keep supporting businesses which support bitcoin.
Go buy some nice stuff from those guys today. They just bought 90 million dollars worth of nice jewelry. If you need a new watch, you'll get a seriously killer deal.
http://www.internetretailer.com/2014/10/23/overstockcoms-q3-revenue-increases-17
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