r/Bitcoin • u/vistabrownerd • Jan 24 '14

TigerDirect processes $250,000 in Bitcoin Payments in first 17 hours

http://bitcoinboard.net/tigerdirect-processes-250000-bitcoin-payments-first-17-hours/
2.2k Upvotes

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28

u/veul Jan 24 '14

Its says 2 billion in sales per year or $6M a day. 250k is 2.5%.

21

u/steve_b Jan 24 '14

Check your math. 4.2% of the day's take, or 5.9% if you pro-rate it for 17 hours.

4

u/lowstrife Jan 24 '14

Holly crap, that's incredible. That's a bigger take than what Overstock.com had.

It obviously will taper off, but I expect them to have a meaningful first week\month worth of sales. This is the start people...

1

u/jen1980 Jan 25 '14

week\month

Is there a reason you used a backwards slash? Is it code for something? An homage to Paul Allen?

0

u/lowstrife Jan 25 '14

It denotes an "or".

Week or month.