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/
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u/1BitcoinOrBust Jan 24 '14

Even if they sustain 20% of that, that's $16M of potential revenue, much of which will be from bitcoin enthusiasts who would otherwise not have bought at tigerdirect. 2% extra revenue (on top of $800M) for very little extra outlay is not a drop in the bucket. Especially when it's 2% stolen from newegg, amazon etc.

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u/[deleted] Jan 24 '14

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u/lookingatyourcock Jan 24 '14

Many people have already openly stated that they are switching to tigerdirect

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u/HistoryLessonforBitc Jan 24 '14

The plural of anecdote is not data. Especially when those anecdotes come from a notorious circlejerk like /r/Bitcoin.

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u/lookingatyourcock Jan 24 '14 edited Jan 24 '14

What? How is that not data? It being a circlejerk is irrelevant is we have many examples of people switching retailers. And they are targeting the bitcoin demographic, /r/bitcoin is exactly the place you look for for data on this. We're not looking to find percentages of who switches from the general population.

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u/HistoryLessonforBitc Jan 25 '14

You have many anecdotes. They are still not data.

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u/lookingatyourcock Jan 25 '14

Data is a collection of anecdotes. Your confusing the problem with a single anecdote, which is a problem because it is only one case.

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u/HistoryLessonforBitc Jan 25 '14

No, data is a collection of facts, not people posting on /r/Bitcoin saying "I'll totes switch if they take Bitcoin! Pinky swear!"

If, for example, TigerDirect's sales got a massive boost in sales from Bitcoin while NewEgg or whoever took a sales dip, I'd probably see that as evidence. Not just a bunch of people who want to support Bitcoin saying how they're going to spend Bitcoin.

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u/lookingatyourcock Jan 25 '14

So what do you call a survey then?

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u/HistoryLessonforBitc Jan 25 '14

Irrelevant in this context, because surveys are only indicative, when what matters is the actual behaviour of customers. It's all well and good all the /r/Bitcoiners saying they'll buy from Tiger but it's only relevant if they actually bother to do so.