Bitcoin has its most explosive commerce day in history last Friday. One of the leading companies, BitPay, has released their traffic statistics and they are astonishing.
The article goes on to say:
During the Bitcoin Black Friday event on November 29, BitPay processed 6,296 bitcoin transactions in a single day, making it the most popular day in the history of bitcoin commerce. On November 29, more than 6% of all transactions on the bitcoin network were spent on goods and services through BitPay’s platform.
Rest of the article here.
Over on BitcoinBlackFriday.com and Shopify.com there are tons of ways to spend your bitcoin this holiday season. Small Companies like HaloRig.com Video Camera Stabilizers are also offering deep discounts along with a further 10% off for those that use bitcoin. Merchants are jumping on the ability to accept payments via a faster and cheaper means, not to mention the likely potential for their bitcoin to appreciate before they have to spend it.
Support the local bitcoin community and buy at least one item with bitcoin this holiday season.
This year is the 1st year the bitcoin black friday concept has taken off in the mainstream media. Imagine what next year will look like. Hopefully we will see a litecoin black friday website in time for next holiday season as well.
If you have spent any of your BTC this weekend share it with the rest of us!