Tag Archives: retailers

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TigerDirect Tops Overstock, Initial Bitcoin Sales

TigerDirect.com announced yesterday that they are now accepting the digital currency Bitcoin, becoming the 2nd major retailer to accept the new digital currency. Within the first 17 hours, their sales in bitcoin amounted to over $250,000!

tigerdirect-bitcoin-news

It has since then been 17 hours. So where are we now in terms of sales? An TigerDirect spokesperson told BitcoinBoard this morning the company has raked in a massive $250,000 USD worth of items in bitcoin payments since it started accepting the payment method 17 hours ago. The amount was spend in more then 1000 orders, and these are great numbers for the webstore.  Continue reading →

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Major Retailer TigerDirect.com Now Accepting Bitcoin

tigerdirect_logo bitcoin TigerDirect.com, a Systemax, Inc. subsidiary who boasts revenues of over $3.6 billion, now accepts bitcoin payments for online sales!

“We’re excited to announce we now accept Bitcoin virtual currency. Bitcoin is an innovative payment network and a new kind of money. ” says the new TigerDirect bitcoin page which was launched just hours ago.

Starting as a conversation over Coinbase on Jan 21st, an employee of TigerDirect informed me that they were working on accepting bitcoin, but I didn’t think it would be completed only a few days later! Continue reading →

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Will you accept Bitcoin soon? #mentionbitcoin

walmart-bitcoin-tweet

This is a question I started asking companies about a year ago, in early 2013.

Back then, I knew there was little chance people would even take a little time to learn about bitcoin, let alone implement it in their store. Some business owners were even outright hostile of the idea.

Now with Overstock’s recent adoption of bitcoin, it’s a whole different story.  Continue reading →

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Bitcoin’s Tipping Point Could Come Soon

Walmart-Store

An article over on Bitcoin Magazine has come out comparing Overstock’s recent adoption with what it would be like if Walmart started accepting and paying its employees and suppliers in bitcoin.

According to the Census Bureau, there are slightly more than 27,000,000 firms active in the United States, the vast majority of which are the sort of small, independent shops that might be inclined to become early adopters of Bitcoin. However, Walmart alone accounts for more than 2% of annual GDP in the United States.  Continue reading →

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FIRST GAS STATION IN NATION TO ACCEPT BITCOINS

Adding to the long list of everyday things you can use bitcoin for, Greeley Convenience Store in CO gets the award for 1st gas station accepting the worlds most popular all digital currency.

cosmic-marketGreeley, CO – The Cosmic Market located at 2730 23rd Avenue, Greeley, Colorado today becomes the first Gas Station/Convenience Store to start accepting BITCOINS as payment. Using Coinbase for a bitcoin wallet and through the use of Coinbase API, the owner was able to create a simple to use bitcoin acceptance terminal that is simple to use for cashiers.

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ACE Hardware Accepts Bitcoin in Hazel Park, MI

An ACE Hardware store in MI just announced they will be accepting Bitcoin, making a helpful place, that much more helpful. My family has long been shoppers of ACE Hardwares around the country, and honestly it’s rather surprising to see such a traditional store add Bitcoin to their list of payment methods.

Show them some love and spend a little BTC at Tony’s Ace Hardware!

ACE hardware accepts bitcoinTony’s Ace Hardware is a hardware store that has been in Hazel Park, Michigan since the 1930s. Shop Tony’s Ace Hardware for cleaning supplies, plumbing materials, paint, and more. Tony’s Ace Hardware proudly serves the Hazel Park, MI community with superb customer service and high quality hardware store products. We accept bitcoin.

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Bitcoin will take you to outer space!

Billionaire entrepreneur Sir Richard Branson accepts bitcoin…and hopefully the moon one day!

I never want to hear the phrase, “well you can’t buy anything with bitcoin” – again.

With all the recent references that bitcoin is a “rocket” or it will go “to the moon”, this article couldn’t have come at a better time. It reads, “Billionaire entrepreneur Sir Richard Branson announced on CNBC’s “Squawk Box” Friday that his commercial space flight venture will accept bitcoin as payment.”

He goes on to say his company is a bold technological company driving a revolution and bitcoin is doing the same.

Not only that, he already has a customer. BAM. Yeah I said it.