Bitcoin Black Friday - Episode 4: A New Hope

[JonHolmquist]

This is the fourth year I'm throwing Bitcoin Black Friday. I've loved seeing Bitcoin rise and rise each year I've done this event. All the merchants I deal with are fantastic people and I'm super pumped to see what deals they're going to put out this year.

For those of you who might be new to the community or missed the last three Bitcoin Black Fridays, BBF is a campaign to promote Bitcoin and Bitcoin Merchants. Each year we aggregate all the deals Bitcoin merchants offer and send out information to the press to show them what Bitcoin can buy you for the holidays.

If you're a merchant and want to sign up, the form is located here: http://bitcoinblackfriday.com/merchant

Now, some updates to what has changed this year:

- Less emphasis on numbers. We're not going to shoot for the same exponential progression in merchant sign ups like we've done the last three years. We're aiming on getting quality merchants and discounts this year, and getting rid of all the clutter.

- Simplifying. Last year we tried to roll out extra things on top of what our core offering is. None of them were overly successful and it distracted from what the website is actually about, the deals. This also means we'll be making a simpler, cleaner website to list the deals

- More focus on advertising to the Bitcoin community. This year we're going to triple our efforts to get the word out about Bitcoin Black Friday to Bitcoin consumers. Hopefully the price bump will get people ready to spend some BTC and support our merchants.

- Select deals will be revealed to our newsletter before the day itself. These deals will help tease the event and get people excited for what's coming.

Sign up for the newsletter at http://bitcoinblackfriday.com if you want to get a reminder about the day. Let me know if you guys have any questions!

TL;DR: Bitcoin Black Friday with a better experience, coming November 27th.

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[bieberluvr]

That's a pretty good idea.  Seems like a good time to reach out to merchants to employ accepting BTC.  I mean, they want to make all the money they possibly can, right?

[USB-S]

That's a pretty good idea.  Seems like a good time to reach out to merchants to employ accepting BTC.  I mean, they want to make all the money they possibly can, right?

The same thing happened last year. Some pretty big guys like hashnest and genesis mining were offering some pretty good deals. But in my opinion Black Friday is just another sham to clickbait people into buying their stuff. That said I'd love to get some deals with hashnest going

[OgNasty]

Bitcoin Black Friday - Episode 4: A New Hope

Genius.

[teukon]

Bitcoin Black Friday - Episode 4: A New Hope

Genius.

Most encouraging.  But what about next year?

[ShetKid]

I would love to see something that offers discount as well as integrates bitcoin so as to be used on other famous marketplaces. I don't think a lot of people usually would buy miners and all individually at this point .

[defaultking]

That's a pretty good idea.  Seems like a good time to reach out to merchants to employ accepting BTC.  I mean, they want to make all the money they possibly can, right?

The same thing happened last year. Some pretty big guys like hashnest and genesis mining were offering some pretty good deals. But in my opinion Black Friday is just another sham to clickbait people into buying their stuff. That said I'd love to get some deals with hashnest going

This! If this site can keep the click bait off as well as getting more and more support from merchants and awesome deals makes me really excited. I get so tired of searching black friday ads just to see "sales" of electronics and items that have there prices marked up to make the sales look that much better. Most (probably 80% of the items for sale on black friday) are either reduced to a lackluster point or have been on sale for cheaper at a previous point in the year.

TLDR Excited to sign up for bitcoin black friday!

[GermanGiant]

Bitcoin Black Friday - Episode 4: A New Hope

Genius.

Most encouraging.  But what about next year?

Next year it would be a Mega even with close proximity of block halving.

[JonHolmquist]

That's a pretty good idea.  Seems like a good time to reach out to merchants to employ accepting BTC.  I mean, they want to make all the money they possibly can, right?

The same thing happened last year. Some pretty big guys like hashnest and genesis mining were offering some pretty good deals. But in my opinion Black Friday is just another sham to clickbait people into buying their stuff. That said I'd love to get some deals with hashnest going

This! If this site can keep the click bait off as well as getting more and more support from merchants and awesome deals makes me really excited. I get so tired of searching black friday ads just to see "sales" of electronics and items that have there prices marked up to make the sales look that much better. Most (probably 80% of the items for sale on black friday) are either reduced to a lackluster point or have been on sale for cheaper at a previous point in the year.

TLDR Excited to sign up for bitcoin black friday!

That's the whole new direction. I went through all the sales myself last year and some of them were either on incredibly sketchy sites or barely offering a discount.

Much cleaner experience this year, only featuring the stuff people are going to click on anyways.

[generalt]

Looking forward to seeing what's going to be offered this year.

[TheGr33k]

Your tl;dr version isn't giving me the gist of your topic.

 I guess your talking about Black Friday sales using Bitcoin.

[thefaucetrunner]

So I guess Purse.io is gonna be very, very busy on Black Friday! Cyber Monday is the thing where I live, I much prefer that sale period to the post Christmas sales as I can get stuff for my family easier.

Anyone actually spending their coins on stuff? Surely spending your fiat is a better idea, I don't see why you'd part (unless the price jumps).

[Kakmakr]

The net affect of Black Friday on the price of Bitcoin will be this :

The hoarders will release some coins to buy some of these items and the merchants will dump it via payment processors on exchanges to convert it to fiat. The supply of Bitcoin will increase and the need will be the same. This will push the price downwards.

After Black Friday, we will see a significant price drop. My guess would be at least $50 - $80.

[Swordsoffreedom]

I'm glad to see another year of Bitcoin Black Friday also nice touch putting in the Star War Reference
Thanks for your dedication to it

[RealBitcoin]

I hope people buy tons of thing with bitcoin


Why? It will make merchants very curious about it, and we will see many merchants join + We will see many customers joining too. You know buying some gifts for X-mas with bitcoin will definitely make people especially young ones curious.

It can be an avalanche of adoption, even if the price shrinks a bit (due to merchants selling).


The long term gains outweight the short term losses!

[ShetKid]

I hope people buy tons of thing with bitcoin


Why? It will make merchants very curious about it, and we will see many merchants join + We will see many customers joining too. You know buying some gifts for X-mas with bitcoin will definitely make people especially young ones curious.

It can be an avalanche of adoption, even if the price shrinks a bit (due to merchants selling).


The long term gains outweight the short term losses!

If only we can have someone like AMazon or ebay accept bitcoin, that would leikely make a lot of people pay with bitcoins. Only then we can probably have a big impact.

[Tstar]

I've never enjoyed Black Fridays but in this case I might forget my original feelings and go for it.
The Star Wars quote was a treat. 

[Kprawn]

This is on my list for the Bitcoin Black Friday budget buy ---> https://en.wikipedia.org/wiki/StarCraft_II:_Legacy_of_the_Void ...Now to get the cheapest way to buy it. 

Any suggestions welcomed.  .... I do not usually spend a lot of money on Black Friday, but this year I will spoil myself a little. I hope a lot of Bitcoin merchants will sign up for

this. I will forward the link to a couple of the people I know.   

[JonHolmquist]

The net affect of Black Friday on the price of Bitcoin will be this :

The hoarders will release some coins to buy some of these items and the merchants will dump it via payment processors on exchanges to convert it to fiat. The supply of Bitcoin will increase and the need will be the same. This will push the price downwards.

After Black Friday, we will see a significant price drop. My guess would be at least $50 - $80.

We've never really seen a price drop due to increased sales.

Some merchants hold onto the BTC, some sell the next day, some sell instantly.

The volume out tends to be spread out pretty evenly, plus a lot of people buy straight BTC to give as presents/gifts!

[doublemore]

Bitcoin Black Friday - Episode 4: A New Hope

Genius.

Most encouraging.  But what about next year?

Fiat strikes back? .....satoshi never told you who really created bitcoin did he...