Bitcoin Merchants Launch the First “Bitcoin Black Friday”

Julia Dixon on November 4, 2012

50+ merchants in the Bitcoin community have joined together to promote a Black Friday sale, “the biggest sale Bitcoin has ever seen.”

There has been dramatic growth in the number of online merchants who accept Bitcoin, but with an estimated 78% of bitcoins stagnant, Bitcoin Friday hopes to stimulate the Bitcoin economy and get some coins moving!

Those participating include Coinabul, Mt.Gox, bitpay, BitInstant, and more.

I have been told that several merchants have planned international “Bitcoin Parties” to coincide with the sale and promote Bitcoin by providing new users with the instructions, assistance and tools necessary to make their first Bitcoin transactions. “There are parties already planned in Finland, Florida, and Berlin!”

“As more people begin to question the nature of their money, it’s vital that these sort of efforts exist to help Bitcoin solve as many problems for as many people as possible, both on Bitcoin Friday and every other day of the year.”

Below are the merchants currently participating, but you can check the Bitcoin Friday website for updates and further information.

 

Posted by Julia Dixon

Julia Dixon is the editor of DGCMagazine and is responsible for the quality of all content and produces a large amount of original content for the site. Julia holds a bachelor’s degree in Economics and is an avid student of Austrian monetary theory, with her favourite being the works of Murray Rothbard.

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