The Coming Wave of Bitcoin Discounts
This merchant requires ID and a $5 purchase when using a credit card. Photo via Atwater Village Newbie. When I get into a discussion about Bitcoin with someone, I like to bring up the coming wave of Bitcoin discounts when they say that bitcoins have no intrinsic value. Most people would agree that one of the reasons the US dollar has value is the fact that Americans are forced to use it to pay their taxes. There is no other currency that can be used to pay taxes, which gives the US dollar an underlying value in our daily lives. A similar concept applies to Bitcoin. If you want to use the....
Related News
Amazon has positioned itself to become one of India’s e-commerce leaders. Purse.io, an online marketplace that allows discounts on Amazon by using bitcoin, is helping Amazon achieve its goal by allowing bitcoin users to receive discounts between 15 and 22% using Purse’s “Name Your Discount” program, Purse announced. Users that are already using Unocoin, an India-based exchange, to purchase bitcoin are already set to receive discounts on food, clothes and electronics. Unspent Card Balance For Bitcoin. Purse leverages unspent gift card liquidity to pass on discounts to Amazon shoppers. Purse....
To put this into perspective, Amazon discounts can range anywhere from 10% to 22%. A smaller discount will usually see orders filled a lot quicker, though. India remains a hotbed for Bitcoin activity in recent years A new partnership between Purse and Unocoin will allow residents to shop on Amazon at a discount. With cryptocurrency usage in India expanding rapidly, it makes sense for companies to explore the market. Purse wants to improve the local online shopping experience, and offer Bitcoin users appealing discounts at the same time. Amazon is quickly becoming the fan favorite among....
The holiday shopping seasons is almost upon us once again, and everyday consumers are more determined than ever before to secure some special discounts or deals. Buying something for friends, family, or loved ones, has become part of the holiday seasons, but that doesn’t mean deals and discounts become less important; More importantly, can Bitcoin play any major role in the “bargain” holiday shopping this year? As a retailer, offering discounts to consumers has become increasingly difficult over the past few years. Ever since the financial crisis hit in 2008, retailers have faced an uphill....
Bitcoin price is consolidating above $425 and 2800 CNY. Although the 4-hour chart is, technically, turning bearish there is no well defined xbt.social sell signal in either the 4-hour or 1-hour chart. Based on the two grey trendlines defining upper and lower range boundaries, we may get a period of sideways movement – ranging between the bottom boundary and the resistance ceiling. The first wave down from the 8th January high was complex. A typical B-wave then set up the price drop and the last wave down is not as complex as the first wave down from the 8 January high. For this reason....
Bitcoin price sold off from just below $450 to $430. The market may be wondering whether this is the start of a downtrend, but wave analysis shows that the advance has more upside in store. A sell-off has drawn a long red candle in the price chart and retraced advance since Friday. According to the wave count in the chart, bitcoin price is apparently extending its 5th waves and has just completed wave 3 of the larger advancing wave. The current sell-off would count as wave 4, and that implies another advancing wave – wave 5. The 4th wave (today’s sell-off) had targeted the area (magenta....