Black Friday is almost upon us, which is always an exciting time of the year for people looking to pick up some discounted items. Merchants accepting Bitcoin payments have not remained behind and Bitcoin Black Friday has become a recurring event in the world of digital currency as well. According to the latest information, over 150 merchants will be participating this year, but that number could still grow over the next week.
Bitcoin Black Friday 2015 – Another Big Day In History
There is one major difference between merchants accepting Bitcoin, and those who do not. Unlike traditional payment methods, Bitcoin payments are subject to lower fees, allowing merchants to offer [minor] discounts all year long. Whenever Black Friday comes around, those discounts will be even larger than normal, which can only be beneficial to consumers all over the world.
Even though one might argue just how year-long discounts can bring in more business for Bitcoin merchants, that is hardly ever the case. Granted, they will attract more customers, but that doesn’t mean consumers will keep on spending Bitcoin all year long either. Black Friday is, and will always be, a special event, even in the Bitcoin world.
On this special day, there will be hundreds of discounts and deals on offer by participating merchants, available exclusively to Bitcoin users. Instead of spending fiat currency for the holiday shopping, why not spend Bitcoin instead? Granted, not everything can be bought with Bitcoin directly, but the discounts will be worth your while by the look of things.
Among the participating merchants are companies such as Namecheap, Denarium, Bitsoaps, REEDS Jewellers, and Private Internet Access. We will have to wait until November 27th before the full list of participating merchants and their associated discounts will be revealed, though. But if the three previous iterations are anything to go by, the 2015 Bitcoin Black Friday edition will be a great success.
The concept of Bitcoin Black Friday started out in 2012, and as various businesses started to see the advantage of such an event, it took on a life of its own. However, none of this would have been possible without the help of various investors, as well as the entire Bitcoin community around the world.
Keeping An Eye On The Bitcoin Black Friday 2015 Website
All of the latest information will be posted on the official Bitcoin Black Friday 2015 website and interested Bitcoin enthusiasts can sign up for the newsletter update as well. It will be interesting to see how many merchants participate this year, with the number increasing year over year.
One thing that has changed over the years is the sheer variety of items available to Bitcoin users at interesting discounts. Whether you are looking for a new piece of art, diamond jewellery, or even something as simple as beef jerky, users will be able to purchase it on November 27th.
Source: Press Release Via Email
Images courtesy of Shutterstock, Bitcoin Black Friday