Bitcoin Forum

Economy => Service Discussion => Topic started by: beetcoin on August 19, 2014, 10:28:26 PM



Title: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: beetcoin on August 19, 2014, 10:28:26 PM
http://slickdeals.net/f/7146826-sony-playstation-4-319-99-free-shipping-newegg-pay-with-bitcoin?v=1

i think bringing more attention to these exclusive deals will help us draw in more users.. so if you have an SD account, please thumb it up.. or buy it if you are looking for a good deal on a PS4.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: LiteCoinGuy on August 19, 2014, 11:07:32 PM
wow, thats a nice discount (and promo) !


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: odolvlobo on August 19, 2014, 11:35:08 PM
Just bought one. It wasn't clear how to pay with Bitcoin, but once I figured it out, it took about 30 seconds. I used my Android Mycelium wallet.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: zolace on August 20, 2014, 12:03:54 AM
Just bought one. It wasn't clear how to pay with Bitcoin, but once I figured it out, it took about 30 seconds. I used my Android Mycelium wallet.

Well this one way people will recognize bitcoin,it with  huge savings, bravo to newegg for doing this,  If giant merchants can do this, this will get more people to adopt into bitcoin much faster.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: beetcoin on August 20, 2014, 12:19:06 AM
Just bought one. It wasn't clear how to pay with Bitcoin, but once I figured it out, it took about 30 seconds. I used my Android Mycelium wallet.

Well this one way people will recognize bitcoin,it with  huge savings, bravo to newegg for doing this,  If giant merchants can do this, this will get more people to adopt into bitcoin much faster.

yeah i hope dell, overstock, tigerdirect and all the other retailers follow suit with this. bitcoin-only transactions with steep discounts.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: chennan on August 20, 2014, 05:58:43 AM
Just bought one. It wasn't clear how to pay with Bitcoin, but once I figured it out, it took about 30 seconds. I used my Android Mycelium wallet.

Well this one way people will recognize bitcoin,it with  huge savings, bravo to newegg for doing this,  If giant merchants can do this, this will get more people to adopt into bitcoin much faster.

yeah i hope dell, overstock, tigerdirect and all the other retailers follow suit with this. bitcoin-only transactions with steep discounts.
More people pay attention to btc's price and buy in btc when they think there is bargain price. They will tend to pay with btc or save it.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: beetcoin on August 20, 2014, 06:38:03 AM
btw, i see this post on slickdeals.net... and a lot of people still seem to be negative against bitcoin. they're calling it a ponzi scheme, even though newegg and other major retailers are accepting btc. there are still a lot of resistant people who remain firmly unconvinced.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Grownwithbtc on August 20, 2014, 06:41:02 AM
The discount seems nice, probably they are trying to make money from the recent price falling and expect to rise higher.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Kprawn on August 20, 2014, 07:34:26 AM
This is absolutely the best news we can get.

The only way for adoption to grow, would be for merchants, who accepted BTC as payment method, to offer incentives and discounts like this.

As a merchant, you cannot simply state that they accepted BTC as a payment method, and wait for adoption to grow by itself.

The consumer needs to have access to a BTC ATM  {Without BTC he cannot buy anything} This MUST be a easy and fast process.
The payment with BTC must be easy and fast.
The fees must be lower than tradisional payment methods. {Credit cards / Fiat / Debit cards}
There must be something, to motivate the consumer, to switch to BTC payment. {Discounts}

If only one of these things fail, the consumer will not adopt the BTCcurrency and then you would find, that the hoarders, will be spending their coins, and the price of BTC will drop, because of the over supply of bitcoins, on the exchange side. {The demand will only increase, once more new people adopt BTC and wants to buy it}

Newegg has succeeded in finding a great way of doing this, and I applaud them for that.  ;D ;D ;D



Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: arbitrage001 on August 20, 2014, 10:05:41 AM
17% discount when comparing to Amazon. Didn't know the profit margin for retail store is this high.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: giveBTCpls on August 20, 2014, 10:22:44 AM
God damn I wish I had more BTC; this is a great deal and im tempted because I loved the Silent Hills demo, scary shit.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: blatchcorn on August 20, 2014, 10:42:32 AM
This is absolutely the best news we can get.

The only way for adoption to grow, would be for merchants, who accepted BTC as payment method, to offer incentives and discounts like this.

As a merchant, you cannot simply state that they accepted BTC as a payment method, and wait for adoption to grow by itself.

The consumer needs to have access to a BTC ATM  {Without BTC he cannot buy anything} This MUST be a easy and fast process.
The payment with BTC must be easy and fast.
The fees must be lower than tradisional payment methods. {Credit cards / Fiat / Debit cards}
There must be something, to motivate the consumer, to switch to BTC payment. {Discounts}

If only one of these things fail, the consumer will not adopt the BTCcurrency and then you would find, that the hoarders, will be spending their coins, and the price of BTC will drop, because of the over supply of bitcoins, on the exchange side. {The demand will only increase, once more new people adopt BTC and wants to buy it}

Newegg has succeeded in finding a great way of doing this, and I applaud them for that.  ;D ;D ;D


I am not convinced. Most people are lazy. 


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: MUFC on August 20, 2014, 11:13:37 AM
Sure it's good news that companies are doing this, but who wants to spend their coins at current value. They're worth around $100 less than what they were a week ago and much more if you go further back, so a little discount isnt going to sway me at the moment.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: DarkHyudrA on August 20, 2014, 11:17:54 AM
I miss those deals here in Brazil.
But anyway, this is really great to get the attention of anyone, to spend Bitcoins or to bring new people to understand and maybe even use Bitcoin.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Leina on August 20, 2014, 11:37:40 AM
Sure it's good news that companies are doing this, but who wants to spend their coins at current value. They're worth around $100 less than what they were a week ago and much more if you go further back, so a little discount isnt going to sway me at the moment.

Consumers can buy bitcoin at market value and then buy the ps4 at huge discount. This has nothing to do with hoarding and investing and hoping for higher price.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: C64_4EVA on August 20, 2014, 11:51:55 AM
Awesome deal! I love it when you get a discount by paying with BTC - it's like being rewarded for something that you want to do anyway  ;D


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: PenAndPaper on August 20, 2014, 11:54:57 AM
That's great. I think vendors are starting to realize the benefits of bitcoin over credit cards and traditional payment processors...


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: BadBear on August 20, 2014, 12:09:03 PM
That's pretty swank. I'm so conflicted because I don't like consoles that much. 


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: iluvpie60 on August 20, 2014, 01:01:51 PM
http://slickdeals.net/f/7146826-sony-playstation-4-319-99-free-shipping-newegg-pay-with-bitcoin?v=1

i think bringing more attention to these exclusive deals will help us draw in more users.. so if you have an SD account, please thumb it up.. or buy it if you are looking for a good deal on a PS4.

it is very nice that they are doing deals like this. hopefully that motiviates some people to look into it :) more deals and sales will be required to interest ppl enough. one thing that always gets ppl is saving money!


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Balls on August 20, 2014, 01:11:23 PM
Sure it's good news that companies are doing this, but who wants to spend their coins at current value. They're worth around $100 less than what they were a week ago and much more if you go further back, so a little discount isnt going to sway me at the moment.

Consumers can buy bitcoin at market value and then buy the ps4 at huge discount. This has nothing to do with hoarding and investing and hoping for higher price.

Doesn't have to be down to hoarding, but you could go buy $320 of coins and by the time you get them and try complete the purchase for the PS3 those coins are worth $300 and you're short and lost money. This is the problem for consumers but with merchants they just get the fixed price in fiat.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: JustBetweenUs on August 20, 2014, 01:33:53 PM
I live in Canada. Unfortunately, newegg.ca doesn't offer bitcoin payments for now. Is this promo still available to me?


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: jwinterm on August 20, 2014, 02:14:06 PM
17% discount when comparing to Amazon. Didn't know the profit margin for retail store is this high.

I think this is what would be known as a loss leader.

Quote
A loss leader (also leader) is a pricing strategy where a product is sold at a price below its market cost to stimulate other sales of more profitable goods or services. With this sales promotion—marketing strategy, a "leader" is used as a related term and can mean any popular article, i.e., one sold at a normal price.

quote from le wiki


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: dembanss on August 20, 2014, 06:14:46 PM
Sure it's good news that companies are doing this, but who wants to spend their coins at current value. They're worth around $100 less than what they were a week ago and much more if you go further back, so a little discount isnt going to sway me at the moment.

Consumers can buy bitcoin at market value and then buy the ps4 at huge discount. This has nothing to do with hoarding and investing and hoping for higher price.

Precisely, using it as a currency instead of an investment tool.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: littlewizard on August 20, 2014, 06:40:42 PM
that is a very good deal, with 80 dollars off.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Joe_Bauers on August 20, 2014, 08:00:33 PM
17% discount when comparing to Amazon. Didn't know the profit margin for retail store is this high.

That's assuming that they are making a profit on this deal. Could be a loss leader, or maybe they just see the future potential of Bitcoin.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: ltbharley on August 20, 2014, 08:02:36 PM
Does anybody know if they ship in Europe and if the bitcoin payments are avaiable for people outside America?


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: juju on August 20, 2014, 08:11:31 PM
http://slickdeals.net/f/7146826-sony-playstation-4-319-99-free-shipping-newegg-pay-with-bitcoin?v=1

i think bringing more attention to these exclusive deals will help us draw in more users.. so if you have an SD account, please thumb it up.. or buy it if you are looking for a good deal on a PS4.

This is really cool! Sadly I just bought a PS4, maybe I should donate my PS4 to a family member and get another with this deal.

I wonder what Bitcoin only Holiday deals we will get this year, maybe we some bitcoin only Black friday deals :)


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Rycco on August 20, 2014, 09:26:12 PM
Is this offer still available?

Thanks,


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: odolvlobo on August 20, 2014, 11:50:16 PM
Is this offer still available?

Thanks,

Doesn't look like it. Yesterday, there was a banner saying that using the code BCPS410 would get you a $80 discount if you use Bitcoin. It isn't there anymore. Here's the link: http://www.newegg.com/Product/Product.aspx?Item=N82E16868110114


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: evanito on August 21, 2014, 12:41:40 AM
Ive been looking to buy a PS4, good to know theres a great deal with bitcoin!  :D

EDIT: I just read the last few posts, looks like im SOL.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: DuncanManagement on August 21, 2014, 12:45:35 AM
http://slickdeals.net/f/7146826-sony-playstation-4-319-99-free-shipping-newegg-pay-with-bitcoin?v=1

i think bringing more attention to these exclusive deals will help us draw in more users.. so if you have an SD account, please thumb it up.. or buy it if you are looking for a good deal on a PS4.

Looks awesome! i would thumb up...but how do i do that?


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: wordman267645 on August 22, 2014, 06:09:56 AM
That's really cool discount.. i don't have an SD account.but honestly it's a great deal.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: bornil267645 on August 22, 2014, 06:15:55 AM
wow..bitcoin rules... 8) 8)


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Bitwayup85 on August 22, 2014, 07:27:47 AM
That a good price. But they just put out a article about they don't see why everyone is buying ps4's. Well this is one reason alot of the internet currency is bitcoins now. So alot of them are gonna be sold. Either way its a good way to boost sales.


Title: Re: Newegg offers a PS4 for $319.99 with Bitcoin (exclusive payment only)
Post by: Bitbirdhunt on August 22, 2014, 08:31:18 AM
I think its not for promotion but sort of investment. BTC prices low now, if they rise to $800 then they already would have made lot of profit.