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Author Topic: 1.5M BTC Sales says CheapAir.com since only November  (Read 1209 times)
domainbrokers (OP)
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July 29, 2014, 11:12:18 PM
 #1

http://www.pfhub.com/cheapair-generates-more-than-1-5-million-bitcoin-sales-since-november-1004/

That's alot of btc

Matze
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July 29, 2014, 11:18:21 PM
 #2

With that much profit in such a small window bitcoin will surely gain more attention from the bigger players aka the super retail stores and such other business.
domainbrokers (OP)
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July 29, 2014, 11:24:48 PM
 #3

Overstock ceo claimed the 1.5Bil in Overstock almost 10M was btc

So a nice amount there

Also I read somewhere the average btc trans for retailers was almost double the avg CC trans

So lot's of positive merchant news for btc

Dell
Overstock
CheapAir
Expedia
800 Flowers

It's definitely becoming a mainstream alternative payment

Now with blockchain's wallet back in iTunes, more and more wallets are going out to the masses

The fact that more and more big retailers are taking it can only be considered positive news for btc

Chef Ramsay
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July 30, 2014, 12:17:24 AM
 #4

I think the next rally, whenever it may come if it comes, could really entice merchants to hang on to some coinage in the short term and sales could likely go up in BTC considering people may be looking to take vacations among other things in speculation profits. Wake me up when GABI sets up shop and see where we're at.
twiifm
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July 30, 2014, 12:29:35 AM
 #5

Article says $1.5M -- dollars not bitcoins.   Thats also sales not profits.   Commission on air tickets is like 5%

Divinespark
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July 30, 2014, 05:51:35 AM
 #6

Dollars not btc, yes
Also customer adoption not merchant adoption is more critical in short term though they clearly feed off each other

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virtfund
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July 30, 2014, 06:29:20 AM
 #7

That's a start, but we're gonna need more than that  Grin
bryant.coleman
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July 30, 2014, 07:11:35 AM
 #8

As I expected, a misleading headline. Not unusual here in Bitcointalk.

Their sales totaled some BTC2,500 in nine months time. That is business worth some BTC10 every day. Not too bad, but behind other companies which accept Bitcoin, such as Overstock.  Grin
YesBoss69
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July 30, 2014, 09:36:46 AM
 #9

wonder what expedia will be posting in terms of btc revenue once its been offering it for the same length of time..!
qiuxiang
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August 06, 2014, 10:15:09 PM
 #10

That is very amazing to me, indicating a lot of people are buying things with bitcoin

beetcoin
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August 06, 2014, 10:18:45 PM
 #11

Article says $1.5M -- dollars not bitcoins.   Thats also sales not profits.   Commission on air tickets is like 5%



was gonna say that as well. $1.5 USD million worth of bitcoin isn't a whole lot in the thick of things.. that's just revenues alone. i think where it helps is the exposure, and people paying more attention to them.
bryant.coleman
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August 07, 2014, 08:04:18 PM
 #12

wonder what expedia will be posting in terms of btc revenue once its been offering it for the same length of time..!

Expedia is accepting Bitcoin only for hotel bookings, right? And that too only for customers from the USA. I am not sure whether international users can book hotel bookings in Expedia with BTC.
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August 07, 2014, 08:08:38 PM
 #13

Dollars not btc, yes
Also customer adoption not merchant adoption is more critical in short term though they clearly feed off each other

But it really would be awesome if it was 1.5 million BTC! Holy cow, that would really be a hell lot of money! Imagine, what you could do with that many BTC! And you'd need thousands of planes to actually transport all those passengers. It's just funny imagining that situation, with Bitcoin sales accounting for 98% of the total sales Cheesy

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