Sunday, January 12, 2014

Bitcoin Use at Overstock.com


Ok.

The numbers averages to about $150 per order, and part of the success might be driven by the pent up demand to cash out. Having almost all new customers suggest that the group of people holding Bitcoins are very different from the average Overstock.com consumers. 

Hattip: Overstock's First Day Of Bitcoin: $130,000 Sales, 840 Transactions, CEO "Stunned" [Zero Hedge]