TigerDirect processed over $500,000 worth of Bitcoin in 3 days

TigerDirect has sold over $500,000 in Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term purchases in less than 3 days.

Yesterday we posted on TigerDirect now accepting Bitcoin with Bitcoin payment processor BitPay. The gamble on accepting the cryptocurrency seems to have paid off and TigerDirect, with BitPay, has processed over half a million dollars in Bitcoin Transactions.

More impressive than closing in on $500,000 in less 72 hours is the how fast they reached the first half of that amount. TigerDirect reported over $250,000 was processed in the first 17 hours of accepting Bitcoin. The bulk of the first half of BTC transactions came after TigerDirect announced the news of them accepting Bitcoin. The majority of customers came from various media and social outlets where the news was published, creating a large amount of traffic, naturally leading to more sales.

TigerDirect joins companies like Overstock.com that transacted over $130,000 in Bitcoin transactions in its the first day. Adult website Porn.com, with BitPay, announced Bitcoin transactions are now %25 of its total incoming Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term. Zynga is testing the waters right now and is currently piloting BTC payments, also with BitPay, on a select number of their social games.

With large success coming from multiple firms lately, we are seeing more companies looking into accepting Bitcoin. On the other hand, some firms do not seem keen on the idea digital-currencies

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