BITPAY REPORTS 82% GROWTH FOR BITCOIN BLACK FRIDAY

NEW YORK (InsideBitcoins) – BitPay has announced an 82% increase (as compared to last year) in the number of merchants who received bitcoin payments on Bitcoin Black Friday. The bitcoin payment processing company also noted the movement from bitcoin-related purchases to a broader range of products and services from a variety of different merchants. In other words, shoppers were able to get bitcoin discounts on more than just mining hardware.
Newegg joined the fun
In addition to an increase in the number of merchants participating in Bitcoin Black Friday, Newegg was also the first major online retailer to get in on the fun. They offered bitcoin-only discounts on a variety of electronics, including tablets, video game consoles, and external hard drives. The deals available on Newegg gave shoppers discounts that ranged from 6% to 25% off.

This post was published at Inside Bitcoins on Dec 9, 2014.