25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019 - page 5.

Kemarit

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Quote from: BrewMaster on October 12, 2018, 11:04:25 AM

this article is mostly advertising that "company" there may not even be 25000 online stores to accept anything in first place either since the source website is not a known one and specially since OP is just advertising his own website to generate traffic i wouldn't take this type of news seriously.
news sites like this have a track record of "creating news".

Exactly, lately I'm been noticing a lot of post that points to that website so I'm sure that someone is really working hard here to promote that website. Anyways, I search and it looks like a lot of crypto related news have reported this so its probably just a spin article. I think its official though, (https://twitter.com/UTRUST). They have strategically targetting EU markets and they have partnered with Gambio.de (https://www.gambio.de/). It says that the Gambio powered stores attributes 30% of e-commerce revenue in Germany so its going to be interesting how this partnership will evolved. The 25,000 figure came the Gambio website itself.

hitrawal91

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Quote from: sell100 on October 12, 2018, 01:59:19 AM

25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019

A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The companyâ€™s main accusation against crypto is that it is â€œa currency that is hard to â€¦

Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019

Now that's really a good news.It should make some sort of impact on the market.This things should happen more and more to increase the flow of cryptocurrencies.

TheGivingBlock

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25,000 is quite a lot.... Is there a list of what merchants this will include?

khaled0111

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25000 companies is a big number and may have a good impact on the Bitcoin market and convince people that it is a safe way to make payments and by goods.
But what is the total trade volume for those companies (I think this is the real question)!!

rose9696

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Quote from: sell100 on October 12, 2018, 01:59:19 AM

25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019

A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The companyâ€™s main accusation against crypto is that it is â€œa currency that is hard to â€¦

Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019

That is good news but we can not confirm whether the news is accurate or not. I do not think there are too many online stores willing to accept a volatile electronic currency. I think I need a more credible article.

brooklynian

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This is very interesting. 25000 merchants is enough to give a great shopping experience and enhance competition. This will definitely force other merchants to register because they will not want to lose out and become unpopular.

abanansah

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It is long overdue for online stores in integrating bitcoin into their stores. Bitcoins is widely use now and accepting it in online stores is a must for modern online marketplace. I think 2019 will see major vendors accepting bitcoins as a major form of payment system

ribowo76

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For now, most stores or people still use third-party services in using crypto as a payment tool. But I believe, sooner or later it will change. In the future, maybe people will no longer use third party services for transactions using crypto

BillieCrypt

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It is great news about development of the cryptocurrency market. Germany is a very developed country with a large population. If cryptocurrencies are widely used there, it will entail a chain reaction all over the world and will have a positive impact on Bitcoin and other blockchain projects.

kzozenberg

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I think that 2019 will be a very good year for cryptocurrency. Germany has a very good economy and management. Cryptocurrency will make it even more convenient.

Mandarava

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This information is very encouraging. This means that in the near future all of Europe will accept payments in Bitcoin. Great! If in the rest of the world the same thing happens, then Bitcoin will become much more likely a world currency.

bitcoinVPSD

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I hope that will happen in 2019. At the time bitcoin will gradually be accepted as an equation in Germany. I am happy to see that Germany is willing to accept bitcoin and use it for payment. Hope this news will open up new paths and help bitcoin grow stronger in the future.

Meandros555

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thats awesome news..thats whats required for wider adoption of cryptos..being able to use the blooming things! hopefully then developers will make cryptos easier/faster and cheaper to use. at the moment things are still abit tricky and too technical for my liking..

Omela44

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That is great news and i am really excited about it. I will certainly use that when it appears. That is the way to go for cryptos acceptance.

burky155

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It is a huge news! 25,000 online store means billions of dollars (If every online store make business like $40.000 monthly it makes totally $1 billion monthly!) And also if a business in Germany it would be succesfull every time. I always envy Germans, they are hard working and good educated nation. I am sure that this example will rock the cryptocurrency world in very positive ways!

bitfocus

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This is a really fantastic news, especially for German Bitcoiners who loves to use their coins everyday.

Chiko.fun

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For me, it is so good information , it prove the strengthen of bitcoin, more and more countries in the world has accepted the bitcoin as a legal currency on the bigger scale.

Nolimitz84

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That's certainly good news.But how will these online stores cover their costs in the event of a drop in the price of bitcoin?I hope these risks are calculated.I also look forward to when there will be such online stores in my country and i will pay them with bitcoin.

jseverson

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Quote from: Coyster on October 12, 2018, 02:28:42 AM

Quote from: jseverson on October 12, 2018, 02:19:08 AM

-snip-

I really doubt merchants will be enthusiastic about accepting bitcoins directly considering how volatile it is and also considering they are simply in business to make profits..

Accepting the bitcoin directly could propel them to incur losses as the price is definitely never stable

I get that. It represents unnecessary risk. These are exactly the problems that Bitcoin payment processors aim to solve after all. I didn't say they should start accepting Bitcoin directly now.

Quote from: Herbert2020 on October 12, 2018, 02:40:55 AM

Quote from: jseverson on October 12, 2018, 02:19:08 AM

-snip-

i agree but that is only half of the process (accepting payment) otherwise the other half which is spending bitcoin doesn't change. so we can say it is 50% good since people would still be directly paying bitcoin with their own wallets without needing any third parties for sending or holding bitcoin. the merchant is only relying on a third party to accept the payment.

Yeah, this is why I described them as a short-term measure. People can spend Bitcoin directly on their end, while businesses can expand their user base without taking volatility risks, even if Bitcoin isn't ready for those (on a large scale) by itself yet. Once Bitcoin scales and becomes a lot more stable, two things that I believe will happen in the future, it should be more likely for them to start accepting directly.

cahbagus555

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Quote from: sell100 on October 12, 2018, 01:59:19 AM

25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019

A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.The companyâ€™s main accusation against crypto is that it is â€œa currency that is hard to â€¦

Read more: https://www.trackcoinmarket.com/en/crypto-news/33058/25000-german-online-stores-germany-accepting-crypto-2019

Germany is one of many advance country and they alredy regulate cryptocurrency for payment. Accepting bitcoin as payment give many advantages for country because more people will spend their bitcoin to fill their need and more tourist can easily spending their bitcoin and it will run economy more faster

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