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Overstock Reaches Sales of $130,000 in First Day of Accepting Bitcoin

Posted on the 11 January 2014 by Worldwide @thedomains

Bitcoins

Overstock CEO says the company made $130,000 in first day of Bitcoin sales.

#Bitcoin's first full day on @overstock.com was a huge success: 840 orders, $130,000 in sales. Almost all new customers. #stunned

— Patrick M. Byrne (@OverstockCEO) January 10, 2014

Patrick M. Byrne did an interview on CNN which was interesting and worth watching. The interviewer and Byrne have a good back and forth where she is skeptical of Bitcoin to go mass market.  Byrne respectfully disagreed.

He does mention they are always trading out of Bitcoin and do not hold it. He says until his suppliers will accept it he will not hold. The interviewer asked if he saw other retailers accepting Bitcoin ? He replied that they will as they cannot cede the market to Overstock.

If you are interested in Bitcoin this is an interview worth watching.


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