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T.Stuart (OP)
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January 10, 2014, 08:44:52 AM |
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Overstock seems to cost about 25% more than amazon or ebay.
Bitcoins seem to appreciate in value 100s of times more than fiat currency! Spend a few at Overstock!  |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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January 10, 2014, 09:07:32 AM |
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Overstock seems to cost about 25% more than amazon or ebay.
Bitcoins seem to appreciate in value 100s of times more than fiat currency! Spend a few at Overstock! You're saying I should spend potential future millions on stuff which is overpriced now? |
Society doesn't scale.
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tutkarz
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January 10, 2014, 09:22:50 AM |
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Overstock seems to cost about 25% more than amazon or ebay.
Bitcoins seem to appreciate in value 100s of times more than fiat currency! Spend a few at Overstock! You're saying I should spend potential future millions on stuff which is overpriced now? This is common misconception. Like that 10k btc pizza. You buy pizza for 10k bitcoins and its ok. But wrong is to not buy back your bitcoins right away for the same $ price you bought that pizza. If you think they will be worth more later that is. |
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xDan
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January 10, 2014, 11:08:30 AM |
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I bought several handbags! So excited! They were on sale 90% off too! And I used the small amount of coin I still had on Gox. That is one way to get rid of coins left there!  Please could you post a picture of those handbags when you can?  Got a few different styles of these. They will make nice gifts too. I know most guys won't care though. http://www.overstock.com/Clothing-Shoes/Handbags/Gigi-Hill,/brand,/111/dept.htmlI think "chick buys handbags with bitcoin" is pretty newsworthy in itself |
HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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empoweoqwj
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January 10, 2014, 11:21:23 AM |
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Can't wait for overstock to announce how many bitcoins they took on the first day. I predict it will be enormous, enough to cause a boost in btc share price.
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T.Stuart (OP)
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January 10, 2014, 01:21:46 PM |
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You're saying I should spend potential future millions on stuff which is overpriced now?
No economy = lower gains. Getting the economy going is part of the package! |
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begcoin
Newbie
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Activity: 53
Merit: 0
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January 10, 2014, 01:22:08 PM |
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Just had a look, seems like lots of crap I wouldnt want to buy anyway.
do you have emergency food storage yet? Yep, not sure why thats relevant? Have a few months worth of food I rotate a handful of times a year locally. I only shop at aliexpress and amazon online these days, overstocks a joke. |
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T.Stuart (OP)
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January 10, 2014, 01:23:13 PM |
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http://www.forbes.com/sites/kashmirhill/2014/01/09/overstock-bitcoin/CEO says: “Our first purchase with Bitcoin was a $2700 patio set,” says Byrne from Salt Lake City, where the company is based. In the first 90 minutes of Bitcoin sales, the site had received about 150 orders. Byrne says the company’s rough estimate is that 1% of its sales in 2014, or approximately $13 million, will come in the form of Bitcoin. “It’s a wild guess,” he says. Respect to the guy for his technique of locking 40 people in a room to get it up and running in 10 days! Let's show Byrne how to, er, "choo choo, mfs!!!" (as they put it in the speculation thread)
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skivrmt
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January 10, 2014, 01:25:23 PM |
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Just had a look, seems like lots of crap I wouldnt want to buy anyway.
do you have emergency food storage yet? Yep, not sure why thats relevant? Have a few months worth of food I rotate a handful of times a year locally. I only shop at aliexpress and amazon online these days, overstocks a joke. Exactly why Overstock has a market cap of $700MM and Amazon has one of $183B! Overstock is hanging on, and they are actually profitable, but there's a reason we can't find much we want on there, it's basically a surplus shop now. |
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drrussellshane
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January 10, 2014, 01:27:28 PM |
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Just had a look, seems like lots of crap I wouldnt want to buy anyway.
do you have emergency food storage yet? Yep, not sure why thats relevant? Have a few months worth of food I rotate a handful of times a year locally. I only shop at aliexpress and amazon online these days, overstocks a joke. Exactly why Overstock has a market cap of $700MM and Amazon has one of $183B! Overstock is hanging on, and they are actually profitable, but there's a reason we can't find much we want on there, it's basically a surplus shop now. well.... it is "OVERSTOCK". |
Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
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empoweoqwj
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January 10, 2014, 04:37:06 PM |
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Classic move to beat other online retailers 1) Announce in December Overstock will launch in June 2) Launch in January That's what I call strategy |
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btbrae
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January 10, 2014, 04:55:44 PM |
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I will buy everything I would have normally bought from Amazon on Overstock if the price difference isn't too great. (with BTC). You have to understand if people do this then the value of your other BTC holding goes up and the economy develops very quickly.
Unfortunately it's not enabled for international yet but hopefully soon.
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pixl8tr
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January 10, 2014, 05:58:21 PM |
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Didn't buy much, just some bath towels and a toaster over I am planning to turn into a reflow oven. Most of the item on there seemed to be of low quality but, there were some gems if you searched a while. I think if Amazon starts accepting BTC, I'll need to start mining again. ;-)
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who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun;
Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
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skivrmt
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January 10, 2014, 06:24:02 PM |
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Didn't buy much, just some bath towels and a toaster over I am planning to turn into a reflow oven. Most of the item on there seemed to be of low quality but, there were some gems if you searched a while. I think if Amazon starts accepting BTC, I'll need to start mining again. ;-)
Obviously we're all hopefully Amazon one day does start using Bitcoin. Companies like these certainly can, they don't ship immediately so can wait for the desired confirmations that will satisfy them. And maybe a user with a credit card back can have 0 or 1 confirmations and still be ok if close to shipping cut off time. But Amazon offers its own sponsored credit card. They give 3% cash back, and most likely receive some sort of cut back from Chase, the issuing bank. I still think if more online retailers offer it Amazon will. Jeff B. is an innovative thinker and likes to be ahead of the curve. |
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tonto
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January 10, 2014, 09:12:54 PM |
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I bought a Cold Steel heavy duty sword cane. I was going to buy it on amazon (since I have some amazon credit built up), but they mysteriously stopped selling it there *sigh* I noticed it on Overstock, and at a pretty comparable price to Amazon's, so I bought it there instead I would love if Amazon accepted bitcoins directly instead of having to buy amazon gift cards through gyft.com |
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T.Stuart (OP)
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January 10, 2014, 09:28:52 PM |
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I bought a Cold Steel heavy duty sword cane. I was going to buy it on amazon (since I have some amazon credit built up), but they mysteriously stopped selling it there *sigh* I noticed it on Overstock, and at a pretty comparable price to Amazon's, so I bought it there instead I would love if Amazon accepted bitcoins directly instead of having to buy amazon gift cards through gyft.com A photo of that sword cane when it arrives would be great if possible. |
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Ente
Legendary
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Activity: 2126
Merit: 1001
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January 10, 2014, 10:06:57 PM |
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I bought a Cold Steel heavy duty sword cane. I was going to buy it on amazon (since I have some amazon credit built up), but they mysteriously stopped selling it there *sigh* I noticed it on Overstock, and at a pretty comparable price to Amazon's, so I bought it there instead I would love if Amazon accepted bitcoins directly instead of having to buy amazon gift cards through gyft.com A photo of that sword cane when it arrives would be great if possible. Hell, a link would be enough for starters already! ;-) Ente |
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tonto
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January 10, 2014, 10:25:45 PM |
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Sorry all, here's a link watch the videos! http://www.coldsteel.com/Sword-Canes.aspxHell for the matter, if you like hacking and slashing, watch all the Cold Steel videos. My favorites are when they're hacking up a hog corpse. Then you think, "holy shit that would fuck up my rib cage!" (or leave a giant gash in you, etc. They make good knives, and they prove it via video! Some people make fun of the owner since he's short/stocky/husky and talks funny, but his swords/knives kick ass! If you can't tell, I love Cold Steel If you ever watch a video of him knife-fighting, you learn quickly that he knows his shit. |
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Ente
Legendary
Offline
Activity: 2126
Merit: 1001
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January 10, 2014, 10:39:40 PM |
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Sorry all, here's a link watch the videos! http://www.coldsteel.com/Sword-Canes.aspxHell for the matter, if you like hacking and slashing, watch all the Cold Steel videos. My favorites are when they're hacking up a hog corpse. Then you think, "holy shit that would fuck up my rib cage!" (or leave a giant gash in you, etc. They make good knives, and they prove it via video! Some people make fun of the owner since he's short/stocky/husky and talks funny, but his swords/knives kick ass! If you can't tell, I love Cold Steel If you ever watch a video of him knife-fighting, you learn quickly that he knows his shit. Thanks for the link and all! :-) Ente |
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