New Newegg taking Bitcoin Rumor Reddit, End Jan 31st
UPDATE: It’s not Newegg, it’s TigerDirect! 1 week before 31st
Well, the company is still unknown, but it does look like newegg with all the signs pointing there. And their bitcoin litecoin miner mistake.
Tony Gallippi, co-founder and CEO of BitPay, tells me that the mass market run won’t end with the Kings, either.
“We are working with several other major brands and by the end of January we’ll have at least one more to announce,” he says. He won’t say who that is “to tip the hat of competitors” except to hint that it’s a well-known name in consumer electronics, which makes sense. “Look at the overlap between the demographics of people with Bitcoin and what they want to buy,” Gallippi says.
Looks like we have a first payment processor war shaping up with Coinbase + Overstock v potentially Newegg + Bitpay