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Bitcoin Forum > Economy > Economics > Speculation > Newegg offers $100 discount if you purchase xbox one with bitcoin
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panju1
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January 01, 2015, 08:38:28 AM
 #21
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.
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screwUdriver
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January 02, 2015, 06:52:40 AM
 #22
Quote from: sgbett on December 26, 2014, 09:42:10 PM
As far as I know they keep 100% Bitcoin

The usefulness of the unqualified analysis is wonderful!
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
NUFCrichard
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January 02, 2015, 09:50:15 AM
 #23
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.
botany
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January 03, 2015, 07:11:24 AM
 #24
Quote from: abacus on December 28, 2014, 08:43:27 PM
Quote from: sgbett on December 26, 2014, 09:42:10 PM
As far as I know they keep 100% Bitcoin

The usefulness of the unqualified analysis is wonderful!

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?

Marketing gimmick?
A lot of companies do that...
screwUdriver
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January 03, 2015, 08:02:41 AM
 #25
Quote from: NUFCrichard on January 02, 2015, 09:50:15 AM
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.
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
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January 03, 2015, 08:15:12 AM
 #26
Do they ship to EU? We always get left behind on these deals..

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January 03, 2015, 12:16:12 PM
 #27
Quote from: bitcon on December 26, 2014, 10:16:12 PM
i'd buy one if they had a PS3 deal. 

ditto.
42t
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January 04, 2015, 11:25:56 PM
 #28
offer is dead  Cry
screwUdriver
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November 25, 2015, 08:05:00 PM
 #29
dang it
n691309
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November 25, 2015, 08:08:39 PM
 #30
Quote from: screwUdriver on November 25, 2015, 08:05:00 PM
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.
Altynbekova
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November 25, 2015, 09:57:17 PM
 #31
Quote from: n691309 on November 25, 2015, 08:08:39 PM
Quote from: screwUdriver on November 25, 2015, 08:05:00 PM
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.
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