
“Overstock CEO Patrick Byrne said the scheme is expected to debut in approximately four weeks, although he did not commit to a definitive timeline. The program will not provide an instant discount on orders, but will instead give 1% of the total purchase value back to buyers to be applied to future purchases. Byrne did not provide further details of how the program would work, or whether it will be able to be used in conjunction with other company rewards schemes. The announcement comes as Overstock nears a total of $1m in sales paid for in bitcoin. Overstock began accepting bitcoin on 9th January – garnering $130,000 in total first-day spending.”
http://www.coindesk.com/overstock-launch-new-rewards-program-bitcoin-buyers/
Related posts:
Wall Street's Fair Value of Bitcoin - Inside Bitcoins NYC 2014
People Are Using Borrowed Money To Buy Stock Like It's 2007 Or 1999
"Their Lives Were Ruined": Victims Of CIA MK-Ultra Brainwashing Plan Lawsuit
Bitcoins Accepted By Quantum Properties
IRS Targeted Progressive Groups, Too, Documents Reveal
Pensco Allows Self-Directed IRA Investors To Invest In Bitcoin
Plotting an Escape From America
Ranking the States for Economic and Personal Freedom
Colorado legislator wants to treat ‘High Times’ magazine like porn
Final Score: Dwight Howard 8,000,000 – Jerry Brown 0
Lamassu: Bitcoin ATM Machine
Why was Raub Brandon Arrested?
The Mini-Skirt Deception: Trump and McMaster's Afghan ‘Surge’
“Abolish ICE” is becoming more than just a protest cry
Net Migration Between California and Other States