Bitcoin Forum

Xbox One Console Assassin's Creed: Unity Bundle + 12-Month Xbox Live Gold Membership + $40 Newegg Gift Card for $349.99 - $101.50 with promo code BITCOINXBOX100 with BitCoin Checkout (Must pay with BitCoins) = $248.49 + $4.99 Shipping = $253.48

This price beats all black friday deals on xbox one. Xbox live = $50, gift card = $40, two games = $40, the console nets out to be $120, cheaper than the previous gen of xbox 360...

I think newegg is longing bitcoin by running promotions like this. I believe more and more retailers, especially IT ones, will store bitcoin and invest their storage into small bitcoin start-ups.

It's just a great deal that they offer, don't think they will keep the Bitcoins.

As far as I know BitPay pays newegg in fiat for every Bitcoin purchase.

Well, with BitPay the merchant can opt to receive a percentage of the sale in Bitcoin, or even all of it. So you can't say for sure.

There was a post on Reddit from one of the BitPay reps who said around 50% of its merchants were keeping some of the money in Bitcoin:

http://www.reddit.com/r/Bitcoin/comments/2oypbo/bitpay_employee_here_around_50_of_our_merchants/

As far as I know they keep 100% Bitcoin

The usefulness of the unqualified analysis is wonderful!

Aren't you also the guy who believes a single bitcoin will be worth a million dollars (give or take) 8 months from now?  :D

Arent you a lambchop sock poppet?

i'd buy one if they had a PS3 deal. 

Seems like a cool way to make BTC more exposed. Maybe parents will see it and take advantage of it

i always though he is the other personality of fallling  ;D

@thread

gimme 100$ discount on ps4, i gonna insta buy :)

Newegg is nice, but it's hard sometimes to figure out if they are selling it or one of their resellers (who don't always seem to take Bitcoin) I got snagged on that a few months back, so I use TigerDirect now.

Speaking of which I need to pick up some stuff. Wish Bitcoin wasn't in the dumps as of late...

As far as I know it will be!

(Actually I said 580k in September but that's wholly irrelevant too!) ;)

i gonna invite you to a big party with alot of hookers and blows if that happens  ;)

xbox one = network crash at christmas.

http://24.media.tumblr.com/6bd0847ccdf26fb7142cec6f6bd89734/tumblr_mwavn7Pp8x1rbaq3xo1_400.gif




bitcoin = network work flawless since 2009 ... freely.

 ;D

I got a question. In Germany the Xbob One is right now much more expensive.

Would'nt it be a nice way to make money for me to do the following:
-Buy Xbox one on newegg.com for 250$ with Bitcoin
-Let it send to shipito.com and let them send me the package for about 50$

So in total I payed 300$ for a complete Xbox One send to Germany, that is right now about 250€.
A big electronic market in my country are selling exactly that package for right now 400:
http://www.ebay.de/itm/Microsoft-XBOX-ONE-500GB-Assasins-Creed-DLC-/181610313507?pt=DE_Konsolen&hash=item2a48d17723


Have I forgot something or can I get more rich quick with this method?

This is great news. Using bitcoin is good fir vendors so they should be incentivising it's use. This is one of the few real examples I have seen of that happening.

Lots of tax?

Yes, this makes sense to me.

I mean, why Newegg should offer this discount for BTC payments if the objective is to swap them for FIAT?
Why don't offer it (also) in USD in the first place?

If you try it the postman will probably refuse to hand over your parcel unless you pay him the tax on your doorstep. I think a customs label has to say what's in the parcel to stop people avoiding the tax.

Too bad, i don't live in USA & they don't give discount for PS3/PS4  :(
Maybe next time the want to offers $100 for PS3/PS4


I think they will sell their bitcoin when the price rise up

Now that's a good deal.

This seems to be a marketing gimmick than anything else.
The day when they start offering discounts for all products purchased with bitcoins, I will agree that it is significant.

I am somewhat certain they sell a majority of their bitcoin revenue. If they did not then they would be effectively be buying bitcoin with no where to spend it. Companies like this tend to keep as little cash on hand as possible because they can make more money on their core business. Hodling bitcoin is not newegg's core business

Bitpay say that half of all merchants do not convert their bitcoin into fiat.
I guess Newegg will, but it would not be impossible to keep some as BTC, especially if they can use it to buy components.

Marketing gimmick?
A lot of companies do that...

Do you have a source on this? I am fairly certain that most merchants convert the majority of their bitcoin to fiat. Even Overstock only keeps ~10% of their bitcoin revenue

Do they ship to EU? We always get left behind on these deals..

ditto.

offer is dead  :'(

dang it

Why do you bump a topic which is almost a year old, i would buy this if the offer is still available why not saving $100 in a single order.

Haha yes a little bit weird.

If they still had this action, i would buy it too. The bitcoin price is much higher now, so it is an easy choice.