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Topic: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia (Read 713 times)

legendary
Activity: 3808
Merit: 1219
They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?

The Bitcoin sector in Malaysia is quite small, but very active. There are multiple Bitcoin ATMs located in Malaysia, and the so-called Bitcoin capital of Asia (Singapore) is just across the strait.
newbie
Activity: 10
Merit: 0
They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?
sr. member
Activity: 406
Merit: 250
Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

 Cheesy Sorry I am getting a bit impatient.  Grin

I forgive you... you know what they say "Rome wasn't built in a day" Cheesy

Actually I should be patient, it will be a lot harder to come by as the value rises.
legendary
Activity: 2128
Merit: 1031
Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

 Cheesy Sorry I am getting a bit impatient.  Grin

I forgive you... you know what they say "Rome wasn't built in a day" Cheesy
sr. member
Activity: 434
Merit: 250
The CEO of Malaysian Online Retailer has been a big time supporter of bitcoin for a long time and he's able to absorb the risks.
legendary
Activity: 3808
Merit: 1219
Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

The owner (Mart Tang) is investing in Bitcoins. So it will be to their advantage if a large number of their customers shift to Bitcoin, there by increasing the exchange rate.  Grin
sr. member
Activity: 406
Merit: 250
Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

 Cheesy Sorry I am getting a bit impatient.  Grin
legendary
Activity: 2128
Merit: 1031
Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?
hero member
Activity: 490
Merit: 500
Now the only thing we need is people with the same balls as this guy.
He'll make much more money than if he'd sell for fiat.
sr. member
Activity: 406
Merit: 250
Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
legendary
Activity: 2128
Merit: 1031
This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate.  Grin

Amen!  to da moon

We'll see how long before a country starts to embrace bitcoin as a currency.
legendary
Activity: 3808
Merit: 1219
This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate.  Grin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
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