Time to go on a spending spree at Overstock!

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

Quote from: ?? on ??

Quote from: tonto on January 16, 2014, 04:07:00 PM

Quote from: ?? on ??

Quote from: rick2718 on January 15, 2014, 07:28:10 PM

A merchant can save the ~3% and shed risk, but what is the incentive
for joe consumer to bother with bitcoin?

You do not have to use a credit card. Not every one has credit. Not everyone will use their credit card online cuz hackors...

If a guy goes to a BTC ATM he does not even need a bank to buy stuff online.

Edit: Also with credit cards you can only have stuff shipped to your address. With BTC you can ship to where ever you happen to be.

I'm sure there are more advantages.

Actually, when I pay with my credit card, I have stuff shipped to my work address, which is different than my billing address.

How does that work? I can't get anything shipped to me other than my home/billing address.

Most (all?) places have a section for billing address and a section for shipping address. However since it's assumed that most people are having things shipped to where they live, when you fill in the billing address info it's copied over to the shipping address section. You just have to manually change the shipping address to wherever you want it shipped to.

Rannasha

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Activity: 728

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Quote from: MoonShadow on February 03, 2014, 01:47:30 PM

I've found that paying with bitcoin to overstock.com isn't cheap. The value converter in my Mycelium client consistantly quotes the bitcoin price about 10% higher than what Overstock says it is.

Your wallet probably uses MtGox rates, which don't really have a basis in reality. Overstock uses CoinBase, which is tied to the Bitstamp price, which is far more reasonable.

MoonShadow

legendary

Activity: 1708

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I've found that paying with bitcoin to overstock.com isn't cheap. The value converter in my Mycelium client consistantly quotes the bitcoin price about 10% higher than what Overstock says it is.

David M

sr. member

Activity: 476

Merit: 250

Quote from: ?? on ??

I also bought a watch. Pretty happy with it.

May I ask which one?

I have completed another 3 orders with Overstock all with coupons and each item was within a couple of percent price-wise compared to the other online retailers.

tspacepilot

legendary

Activity: 1456

Merit: 1081

I may write code in exchange for bitcoins.

So what were the top items purchased? I wonder. I think I saw some sort of list recently on a news aggregator. Wish I could pull that up ....

Atruk

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Activity: 700

Merit: 500

Quote from: ?? on ??

Quote from: tvbcof on January 13, 2014, 11:40:43 PM

I went back again to look for something I can use. I changed my mind about the prices being reasonable. Lots of them are actually not. Worse, it's a God-awful mess to try to find things in the native categorization tree. Plenty of the things (e.g., I was looking for a reasonable sized UPS) were blatant rip-offs. Then they might have basically the same item multiple times with wildly different prices (and utterly absurd 'compare' readings.)

I always respected Byrne's fights against the naked short/ financial media criminals, but the honest truth is is that the Overstock web-site seems to suck beyond usability and I cannot see any particular value that these guys are bringing to the table.

There site is a bit of a mess. I did however find some deals but I'm sure I was looking at different stuff than you. Also some of the stuff they sell just looks like complete crap, very low quality. But then again they have high end high quality stuff too.

I also noticed that they have repeat listings of the same product at different prices. I'm pretty sure the way overstock works is that they let others sell goods on their sites. I have had items ship from all over and never directly from "overstock". The shipping is no where near as fast as amazon.com but I will use overstock for some stuff as I want to support sites that support BTC.

When/if I get a house we will consider buying a bunch of furniture and what not from them.

In my first flirtation with Overstock last week I found they shipped my chosen timekeeping instrument faster than Amazon had shipped anything to me recently. Thanks to the multiple sellers situation they do have some good deals. Probably just not good enough deals to pay for with BTC.

David M

sr. member

Activity: 476

Merit: 250

Quote from: tonto on January 16, 2014, 04:07:00 PM

Actually, when I pay with my credit card, I have stuff shipped to my work address, which is different than my billing address.

That works for me when the billing and shipping address are in the same country.

That failed for me when I go OS. (Australian Billing address, US Shipping address)

tonto

hero member

Activity: 609

Merit: 500

Quote from: ?? on ??

Quote from: rick2718 on January 15, 2014, 07:28:10 PM

A merchant can save the ~3% and shed risk, but what is the incentive
for joe consumer to bother with bitcoin?

You do not have to use a credit card. Not every one has credit. Not everyone will use their credit card online cuz hackors...

If a guy goes to a BTC ATM he does not even need a bank to buy stuff online.

Edit: Also with credit cards you can only have stuff shipped to your address. With BTC you can ship to where ever you happen to be.

I'm sure there are more advantages.

Actually, when I pay with my credit card, I have stuff shipped to my work address, which is different than my billing address.

rick2718

newbie

Activity: 53

Merit: 0

I bought some shoes to do my bit to help promote, though I had never purchased
from them before. I have to wonder though what the ongoing btc revenue rate will be
for them after the one-shot first time response of people like me.

I guess the general question is

A merchant can save the ~3% and shed risk, but what is the incentive
for joe consumer to bother with bitcoin?

Even if they pass on some
of the savings, $89.95 becoming $89.05 would not be enough to
make me bother. Maybe it helps a lot with micro-payments, but
do you think it will ever attain widespread, consistent use?

It seems like the big value of it are the things (avoiding taxation, inflation, litigation, tracking)
that will cause great friction with the powers that be.

tvbcof

legendary

Activity: 4690

Merit: 1276

Quote from: BitChick on January 13, 2014, 11:57:50 PM

Quote from: tvbcof on January 13, 2014, 11:40:43 PM

I went back again to look for something I can use. I changed my mind about the prices being reasonable. Lots of them are actually not. Worse, it's a God-awful mess to try to find things in the native categorization tree. Plenty of the things (e.g., I was looking for a reasonable sized UPS) were blatant rip-offs. Then they might have basically the same item multiple times with wildly different prices (and utterly absurd 'compare' readings.)

I always respected Byrne's fights against the naked short/ financial media criminals, but the honest truth is is that the Overstock web-site seems to suck beyond usability and I cannot see any particular value that these guys are bringing to the table.

Some of you programmers should offer to make the site easier to browse for payment in BTC. Grin

Ironically I worked for a company once who had them as a customer for certain services, but that's probably about all I should say about it. Thankfully my job didn't involve trying to clean up messes like the one under discussion.

The messes I had to clean up involved security and could be handled in one of several ways. 1) Either not have security problems, or 2) have such lame monitoring that what intrusions might exist go undetected and thus don't take a lot of one's energy. I employed a combination of both strategies

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: tvbcof on January 13, 2014, 11:40:43 PM

I went back again to look for something I can use. I changed my mind about the prices being reasonable. Lots of them are actually not. Worse, it's a God-awful mess to try to find things in the native categorization tree. Plenty of the things (e.g., I was looking for a reasonable sized UPS) were blatant rip-offs. Then they might have basically the same item multiple times with wildly different prices (and utterly absurd 'compare' readings.)

I always respected Byrne's fights against the naked short/ financial media criminals, but the honest truth is is that the Overstock web-site seems to suck beyond usability and I cannot see any particular value that these guys are bringing to the table.

Some of you programmers should offer to make the site easier to browse for payment in BTC. Grin

tvbcof

legendary

Activity: 4690

Merit: 1276

I went back again to look for something I can use. I changed my mind about the prices being reasonable. Lots of them are actually not. Worse, it's a God-awful mess to try to find things in the native categorization tree. Plenty of the things (e.g., I was looking for a reasonable sized UPS) were blatant rip-offs. Then they might have basically the same item multiple times with wildly different prices (and utterly absurd 'compare' readings.)

I always respected Byrne's fights against the naked short/ financial media criminals, but the honest truth is is that the Overstock web-site seems to suck beyond usability and I cannot see any particular value that these guys are bringing to the table.

tspacepilot

legendary

Activity: 1456

Merit: 1081

I may write code in exchange for bitcoins.

Yes. I never shopped there before, but now maybe I need to take a look. Just to support the bitcoin community I mean.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: BitChick on January 13, 2014, 10:42:16 PM

So being the blond that I am I hit "Confirm" twice when I sent funds from Gox to Overstock the other day. I saw that my payment was received on Overstock.com so I went back to gox and the button still said, "Confirm" so I clicked it thinking it was asking if it had been sent but then it sent my payment twice.

All that said, Overstock.com sent me 0.07 coins (I only sent them 0.06 but I guess the price per BTC went down a bit from when I paid.)

BitChicksHusband said I should post this so you all could see that it passed the "BHT" or the "Blond Housewife Test."

And if any of you guys want me to beta test any other shopping sites you are more than welcome to send coins my way. Grin

I guess I am good at it!

You managed a "Double Spend", just not the type we normally talk about here Wink

Good they sent the coins back promptly, and heck, you even made a profit!

BitChick

legendary

Activity: 1148

Merit: 1001

So being the blond that I am I hit "Confirm" twice when I sent funds from Gox to Overstock the other day. I saw that my payment was received on Overstock.com so I went back to gox and the button still said, "Confirm" so I clicked it thinking it was asking if it had been sent but then it sent my payment twice.

All that said, Overstock.com sent me 0.07 coins (I only sent them 0.06 but I guess the price per BTC went down a bit from when I paid.)

BitChicksHusband said I should post this so you all could see that it passed the "BHT" or the "Blond Housewife Test."

And if any of you guys want me to beta test any other shopping sites you are more than welcome to send coins my way. Grin

I guess I am good at it!

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: tonto on January 10, 2014, 05:12:54 PM

I bought a Cold Steel heavy duty sword cane.

I was going to buy it on amazon (since I have some amazon credit built up), but they mysteriously stopped selling it there *sigh*

I noticed it on Overstock, and at a pretty comparable price to Amazon's, so I bought it there instead

I would love if Amazon accepted bitcoins directly instead of having to buy amazon gift cards through gyft.com

One day my friend, one day

David M

sr. member

Activity: 476

Merit: 250

Quote from: ?? on ??

10% off coupon!!! Oh man, I could have really used that!

This is where I got it.

http://www.retailmenot.com/view/overstock.com

It opens the overstock web site with the code embedded in the URL

David M

sr. member

Activity: 476

Merit: 250

I am on a business trip in the US at the moment and thank god for overstock.

I have tried to purchase several items on other online stores with my credit card but gave up due to the billing address and shipping address being in different countries.

Think about that for a moment.

I jumped on to Overstock, bought a watch for myself.

http://www.overstock.com/Jewelry-Watches/Citizen-Mens-Scuba-Fin-Stainless-Steel-Watch/8437727/product.html

And some Lip balm and foot scrubs for my better half back home.

I had all the goods in the Checkout, but then decided to look for a coupon. I found one that gave me 10% off the total (For new customers only) and that was applied with no questions asked. That saved $31 US.

The checkout process was trivial (I used the "Check out as Guest" option) and after firing up my Multibit spending wallet, I got confirmation of my transactions instantly.

Go Bitcoin Go!

T.Stuart

hero member

Activity: 644

Merit: 500

One Token to Move Anything Anywhere

Quote from: BitChick on January 09, 2014, 08:29:55 PM

Quote from: T.Stuart on January 09, 2014, 07:31:13 PM

Quote from: BitChick on January 09, 2014, 06:09:38 PM

I bought several handbags! So excited! They were on sale 90% off too! And I used the small amount of coin I still had on Gox. That is one way to get rid of coins left there! Grin

Please could you post a picture of those handbags when you can?

Got a few different styles of these. They will make nice gifts too. I know most guys won't care though. Wink

http://www.overstock.com/Clothing-Shoes/Handbags/Gigi-Hill,/brand,/111/dept.html

Anon136

legendary

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Quote from: I_bitcoin on January 10, 2014, 10:00:15 PM

I bought things! Going to try to buy more next week. Sure I will need something.

you are supposed to tell us about the things you bought.

Topic: Time to go on a spending spree at Overstock! (Read 5543 times)