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Topic: Tiger Direct goes live - taking Bitoin now - page 2. (Read 4259 times)

hero member
Activity: 924
Merit: 1001
January 24, 2014, 07:38:31 PM
#33

Its funny.  It used to be that news like this would make the price jump $200....

Now.... ?  not even a jiggle.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
January 24, 2014, 06:30:09 PM
#32
since most of the major companies that are accepting bitcoin are immediately converting back to their local currency, it seems as though it does not really affect the overall price of bitcoin + or -.  Prices seem to spike initially based on the news that a large corporation will accept bitcoin, but it doesn't seem to sustain the value of bitcoin at a higher price.  Not complaining obviously, just an observation.

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
January 24, 2014, 06:09:31 PM
#31
Damn, I which this would've came out prior to me going with Overstock, for I could have used the tiger angle to go hand-in-hand with the bronco, seahawk and fox symbolisms. The only saving grace is that Overstock has Seattle Seahawks merchandise.

newbie
Activity: 5
Merit: 0
January 24, 2014, 06:03:49 PM
#30
tigerdirect.com down? too many btc shoppers?!
sr. member
Activity: 388
Merit: 250
January 24, 2014, 06:01:47 PM
#29
I bought a Blu Ray burner and some BDRs so I could contribute to their initial 24hr number. I'm hoping that others like newegg or amazon take notice of these decent 1 day totals and get their BTC accepting plans moving.
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
January 24, 2014, 04:46:35 PM
#28
TigerDirect says that after just one day of implementing Bitcoin, something like $250,000 in Bitcoin sales + 30% increase in store visits.

What's more, TigerDirect.com pays no credit card fees when items are purchased using Bitcon!  Get to pocket an additional 2 to 3% of sales.  That is huge - we're talking $6000 +/- extra profit going to that company.

Overstock.com clocked $130,000 worth of Bitcoin sales in one day.

It's hard to think that more big companies wouldn't want to get in on this.

Yes,  investors should be ringing the phones off the hook trying to get the companies they are invested in to start offering Bitcoin payments.
hero member
Activity: 590
Merit: 500
January 24, 2014, 04:19:57 PM
#27
Does anyone know what the annual revenue of TigerDirect is?  I can't seem to find a consistent answer online.

No idea on TD itself, but according to their SEC filings, Systemax (their parent company, who also own Circuit City and CompUSA, among others) had a total sales of $3.544 billion USD in 2012.
hero member
Activity: 976
Merit: 575
Cryptophile at large
January 24, 2014, 04:14:28 PM
#26
TigerDirect says that after just one day of implementing Bitcoin, something like $250,000 in Bitcoin sales + 30% increase in store visits.

What's more, TigerDirect.com pays no credit card fees when items are purchased using Bitcon!  Get to pocket an additional 2 to 3% of sales.  That is huge - we're talking $6000 +/- extra profit going to that company.

Overstock.com clocked $130,000 worth of Bitcoin sales in one day.

It's hard to think that more big companies wouldn't want to get in on this.
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
January 24, 2014, 04:10:09 PM
#25
TigerDirect says that after just one day of implementing Bitcoin, something like $250,000 in Bitcoin sales + 30% increase in store visits.

What's more, TigerDirect.com pays no credit card fees when items are purchased using Bitcon!  Get to pocket an additional 2 to 3% of sales.  That is huge - we're talking $6000 +/- extra profit going to that company.

Overstock.com clocked $130,000 worth of Bitcoin sales in one day.
full member
Activity: 221
Merit: 100
January 24, 2014, 01:47:49 PM
#24
Does anyone know what the annual revenue of TigerDirect is?  I can't seem to find a consistent answer online.
hero member
Activity: 976
Merit: 575
Cryptophile at large
January 24, 2014, 01:37:25 PM
#23
I had to re-buy the coins I spent at TigerDirect because its too painful to watch my BTC balance go down like that. lol

Luckily I bought them back at a lower rate than I converted them at TD. I guess I got myself a discount!

Well played sir. The beauty of Bitcoin  Grin
hero member
Activity: 1470
Merit: 504
January 23, 2014, 03:48:49 PM
#22
I had to re-buy the coins I spent at TigerDirect because its too painful to watch my BTC balance go down like that. lol

Luckily I bought them back at a lower rate than I converted them at TD. I guess I got myself a discount!
sr. member
Activity: 266
Merit: 250
January 23, 2014, 03:42:55 PM
#21
I see many more companies taking BTC now.
full member
Activity: 168
Merit: 100
January 23, 2014, 03:41:43 PM
#20
Awesome news! One by one, all of these businesses will start seeing the benefits of BTC and will also see that it's not as much of a gamble as it may seem.

Great news indeed!
jr. member
Activity: 55
Merit: 4
January 23, 2014, 03:36:12 PM
#19
Just ordered some sweet Handheld Electronic games.  Grin
full member
Activity: 154
Merit: 1000
Fica Tranquilo
January 23, 2014, 02:59:59 PM
#19
Wow, so fast after overstock starts accepting bitcoin.
This looks really promising for bitcoin in 2014!

sr. member
Activity: 532
Merit: 261
­バカ
January 23, 2014, 02:55:24 PM
#18
I guess bitcoinstore.com is now out of business!  Grin
I hope not, they have an awesome stock of laptops

we want amazon.  Grin
Gyft? Smiley
hero member
Activity: 1470
Merit: 504
January 23, 2014, 02:46:51 PM
#17
I'm buying something now. I hate to spend today when I had no intentions otherwise, especially when I feel like the BTC price is about to skyrocket! I'll help rally for the cause anyways!
full member
Activity: 140
Merit: 100
January 23, 2014, 02:37:12 PM
#16
how long until newegg.ca and ncix follow Tongue

Only tigerdirect.com is currently taking bitcoin.  Tigerdirect.ca isn't at the moment and their support has no info on if/when .ca will.

Yeah I saw that =/ Guess I'll have to wait
full member
Activity: 233
Merit: 100
January 23, 2014, 02:22:46 PM
#15
Let's all reward them for making this smart decision.  As with Overstock, tomorrows headline will help influence future adoption of Bitcoin from big (and small) retailers.
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