Tag: Bitcoin Black Friday Deals

When Is Black Friday 2019? Expected Sale Dates For Amazon, Best Buy, Target And Walmart

Black Friday 2019 is running one week later this year. The big day will begin on November 29, the day after Thanksgiving. But, despite this late start, many Black Friday deals will start running in early November (in fact, some great ones are even live now). So here is your definitive guide to Black Friday 2019 sales times for Amazon, Best Buy, Target And Walmart. Be prepared.

Pre-Black Friday Sales Are Starting Now 

As mentioned, the first Black Friday sales have already started and Best Buy currently has some of the best AirPods deals you’ll find this year. I still expect the majority of sales to start on 1 November (Amazon is famed for its month-long Black Friday shopping) but Best Buy has already tempted other major retailers to break ranks early. Walmart, for example, will start some solid deals tomorrow (bookmark my page to know when they go live) and I expect the damn will then burst.

Best Buy Black Friday 2019: Here Are The First Deals

Forbes Gordon Kelly

The Real Black Friday Deals Begin Thanksgiving Week

Today In: Innovation

Despite all these pre-sales, most in-store sales are unlikely to start until Thanksgiving Day, though online Black Friday sales will begin as early as Monday, November 25. Here are my predictions for when the most popular retailers will start their sales.

Amazon – I expect Amazon to start its ‘Countdown to Black Friday’ sale on November 1. It will probably begin its ‘Black Friday Week’ event on Friday, November 22. Watch out for juicy Apple deals this year but otherwise, I recommend holding off until Thanksgiving Day or Black Friday for the best doorbusters.

Link: My full Amazon Black Friday Deals Preview 

Best Buy – If prior years are any indication, Best Buy will start its in-store sale at 5pm on Thanksgiving Day in 2019. Previously it has closed at around 1 am on Black Friday morning before reopening at 8 am. The pressure is now on to stay open all night, but I suspect Best Buy could use a similar format this year to create some separation between its Thanksgiving and Black Friday sales.

Link: My full Best Buy Black Friday Deals Preview 

Target – Target’s in-store Black Friday sale will begin on Thanksgiving Day at 6 pm this year. Online deals will be available all day on Thursday and Friday with some deals remaining live over the weekend. Target normally has an early-access event on the day it releases its ad scan, which should be around November 11/12.

Link: My full Target Black Friday Deals Preview 

Walmart – Sticking to tradition, I understand Walmart will start its in-store Black Friday sale on Thanksgiving Day at 6 pm. Despite pressure to go earlier, Walmart seems to be locked into this timeslot, but it will hold online Black Friday sales throughout Thanksgiving and Black Friday with most deals available across the entire weekend through to Cyber Monday.

Link: My full Walmart Black Friday Deals Preview 

I will be extensively tracking Black Friday and Cyber Monday 2019 deals and publishing the best offers daily, so be sure to bookmark my page.

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Gordon Kelly

I am an experienced freelance technology journalist. I have written for Wired, The Next Web, TrustedReviews, The Guardian and the BBC in addition to Forbes. I began in b2b print journalism covering tech companies at the height of the dot com boom and switched to covering consumer technology as the iPod began to take off. A career highlight for me was being a founding member of TrustedReviews. It started in 2003 and we were repeatedly told websites could not compete with print! Within four years we were purchased by IPC Media (Time Warner’s publishing division) to become its flagship tech title. What fascinates me are the machinations of technology’s biggest companies. Got a pitch, tip or leak? Contact me on my professional Facebook page. I don’t bite.

Source: When Is Black Friday 2019? Expected Sale Dates For Amazon, Best Buy, Target And Walmart

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Legendary Investor Makes Sudden, ‘Psycho’ Attack On Bitcoin

Bitcoin has divided opinion since it was created a little over a decade ago, with some seeing it as a sort of digital gold, while others dismissing it as a scam or pyramid scheme.

The bitcoin price, up over 200% so far this year after a disastrous 2018, has remained highly volatile, despite some thinking bitcoin has become a safe haven asset, similar to gold.

Now, legendary investor Mark Mobius, who last year founded his own Mobius Capital Partners after some 30 years at Franklin Templeton Investments, has attacked bitcoin and other cryptocurrencies, branding them ‘psycho currencies,’ and predicting their emergence will ultimately push up the price of “real, hard” assets, such as gold.

“I call them psycho currencies, because it’s a matter of faith whether you believe in bitcoin or any of the other cyber-currencies,” Mobius told Bloomberg, a financial newswire.

Earlier this year, Mobius expressed his tacit support of bitcoin and other cryptocurrencies, saying they fulfill “a desire among people around the world to be able to transfer money easily and confidentially,” and he expected them to be “alive and well” in the future.

Mobius, who once branded bitcoin a “real fraud,” appeared to have changed his tune on bitcoin and cryptocurrencies.

However, his latest comments suggest Mobius’ belief in bitcoin and cryptocurrencies extends only as far as their emergence will boost the price of gold.

“I think with the rise of [bitcoin], there’s going to be a demand for real, hard assets, and that includes gold,” he added.

Gold has recently hit a six-year high due to a sharp rise in expectations of a U.S. and global recession, looser monetary policy from the U.S. Federal Reserve and other major central banks, and the escalating U.S. China trade war.

Earlier this month, some bitcoin and cryptocurrency traders and investors excitedly proclaimed bitcoin a so-called safe haven asset, declaring it had joined the likes of gold as a refuge from rocky or uncertain markets.

However, a sudden, sharp fall in the bitcoin price as global markets continued to slide put paid to hopes bitcoin had become a safe haven asset.

Meanwhile, Mobius said investors should be “buying [gold] at any level,” pointing to dovish moves from many of the world’s biggest central banks, including the European Central Bank and the Fed.

“Gold’s long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up,” Mobius said.

Follow me on Twitter.

Billy Bambrough

I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.

Source: Legendary Investor Makes Sudden, ‘Psycho’ Attack On Bitcoin

Bill Harris, former PayPal CEO, discusses his op-ed on why he thinks bitcoin is a scam. »

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Former PayPal CEO Bill Harris Reveals Why He Thinks Bitcoin Is The Biggest Scam In History | CNBC

Bloomberg Issues Bitcoin (BTC) Warning, Plus Ethereum, Ripple and XRP, Litecoin, Stellar, Tron

A technical indicator designed to detect market reversals is flashing its first sell in more than a month.

According to the GTI VERA Convergence Divergence indicator, the price of Bitcoin will likely continue to move lower in the short term, reports Bloomberg. The gauge utilizes typical Moving Average Convergence Divergence (MACD) and attempts to identify increased volatility and delete excess noise.

Meanwhile, veteran trader Peter Brandt sent out a viral tweet identifying a Doji top in Bitcoin’s weekly chart, which could signal the start of a significant market correction. The Doji is a candlestick pattern that’s used to identify potential market reversals based on prior price action.

However, Brandt later clarified that further analysis shows a Doji pattern has not been confirmed across all crypto exchanges.

Ethereum

A new demo of an Ethereum-based platform from accounting and consulting giant Ernst & Young is now online. Project “Nightfall” is a transaction protocol designed to move tokens on the blockchain with complete privacy.

Ripple and XRP

Ripple continues to move large amounts of XRP.

The company just sent 50 million XRP, roughly $20 million, to one of its over-the-counter (OTC) distribution wallets that are used to sell the digital asset to crypto exchanges and institutional participants.

Litecoin

Litecoin’s hash rate hit a new all-time high on Sunday, amid rumors that new mining hardware from Bitmain will soon be released. The hash rate is a sign that the network is thriving as new miners join the network.

Source: BitInfoCharts

Stellar

The Stellar Development Foundation’s Jed McCaleb and Denelle Dixon are hosting a new ask-me-anything on Reddit.

The event is set for Wednesday morning at 10:00 a.m. PST.

Tron

Binance CEO Changpeng “CZ” Zhao says he won’t be able to go to the charity lunch with Warren Buffett. CZ says he was invited by Tron CEO Justin Sun who pledged millions to a charity, winning a lunch date with billionaire investor Buffett and a chance to invite seven colleagues. CZ is passing the torch to outspoken crypto supporter Anthony Pompliano of Morgan Creek Digital.

Source: Pivot – Blockchain Community

Want Bitcoin Black Friday Deals? Open Coinmarketcap – Georgi Georgiev

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Despite the plummeting prices of late, Bitcoin Black Friday deals are still plenty online. Discounted timepieces and cryptocurrency wallets flood the market but perhaps the best deal out there is Bitcoin itself.

Traditionally, the Friday after Thanksgiving marks a period of massive discounts throughout all the industries. The world of cryptocurrencies also seems to be riding the wave with Bitcoin Black Friday, as numerous interesting deals can be found all over the internet.

Popular Bitcoin and cryptocurrency hardware wallet Ledger Nano S is currently running a promotion which can save you half the price of the device.

If you fancy yourself a Bitcoin-inspired timepiece, you can check out Cryptomatic and get 21% discount for the occasion.

Other promotions include:

Promotions spread on cryptocurrency trading platforms as well, where traders can further increase their profits by taking advantage of temporarily reduced spread, fees, and whatnot.

SimpleFX, for example, has a Black Friday promotion, which reduces spread by 50% on every symbol until 21:50 UTC on November 23rd.

This year has even gone artistic, as a BitPay-promoting music-video was released on YouTube, themed after Rebecca Black’s 2011 hit “Friday.”

The musical masterpiece includes profound lines such as “Everyone’s adopting Bitcoin, don’t be a weirdo”, and “They don’t take cryptocurrency, they should take cryptocurrency. Excuse me, sir, what currency will you take?”

Many more deals are available at the official Bitcoin Black Friday website.

All of the above aside, the tumbling November prices might have created the biggest ongoing sale out there – that of cryptocurrencies. Bitcoin (BTC) $4033.43 +0.91% itself has lost over $2,000 in the last 10 days alone, causing some to believe that the crash has created a buyers’ market.

“Savvy investors understand that digital currencies are the future of money and, as such, they will be capitalizing on the lower prices in order to build their portfolios and shore-up their positions,” said Nigel Green, CEO and Founder of financial company deVere Group.

Naturally, the trend has been picked up by Twitter, as users quickly recognized the best deals on the block:

Dean Pierce🌀 @deanpierce

Holy crap these Black Friday deals are insane.

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