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Topic: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019 - page 6. (Read 1423 times)

hero member
Activity: 1022
Merit: 503
A very interesting news to watch, I am very supportive if this really exists, the reason is that 25k stores are willing to accept Crypto payments, of course that is very rare, of course this will open up opportunities for bitcoin into the economy of the country and everyone, so I really agree with this brilliant idea !!


this is very good news where Germany started to accept btc as an online payment tool in 25000 online stores which is not a small amount, and I think maybe in the future paypal will be replaced by the cryptocurrency which is currently booming, and I hope the government will Germany will better regulate the circulation of cryptocurrency in Germany so that it will be better in the future

Lol! Mind reading the article? It isn't about bitcoin but rather a rubbish advertisement.
25,000 merchants are absurd and maybe there will be just few who really accept bitcoin. Please do your own reading first, it isn't that bad.
legendary
Activity: 1302
Merit: 1027
This news is good and bad both side for cryptocurrency. good is that it will give a more trading option as in this the retailer wont hold the bitcoin and as soon as the transaction will occur immediately the coins will be sold so in and out is immediately so their will be high trading and huge transaction will start flowing. Bad is due to small transactions and high volume of transaction can again make the server lag and transaction confirmation will become delay which can create problem for merchant to get confirmation on each transaction.
jr. member
Activity: 1494
Merit: 3
The idea itself and the realization of this is good news, but .. with such irregularities, there will be many problems for service personnel, if it’s just not specializing in one outlet, I’m more for each cryptobank office
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
1/3 of all online volume processes through them in germany??

which stores do we know of ... any list anywhere? or is it 25000 wordpress blogs who clicked install on the utrust add on? home made hair clips and second hand butt plugs?
member
Activity: 322
Merit: 16
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 company’s main accusation against crypto is that it is “a currency that is hard to …

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

this is very good news where Germany started to accept btc as an online payment tool in 25000 online stores which is not a small amount, and I think maybe in the future paypal will be replaced by the cryptocurrency which is currently booming, and I hope the government will Germany will better regulate the circulation of cryptocurrency in Germany so that it will be better in the future
sr. member
Activity: 1722
Merit: 261
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A very interesting news to watch, I am very supportive if this really exists, the reason is that 25k stores are willing to accept Crypto payments, of course that is very rare, of course this will open up opportunities for bitcoin into the economy of the country and everyone, so I really agree with this brilliant idea !!
sr. member
Activity: 1918
Merit: 268
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a little happy but whatever it supports is what will come for bitcoin as a payment tool, at least it still takes time for every transaction fee to be incurred at least smaller and not large, but still supports any good news for bitcoin
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
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 company’s main accusation against crypto is that it is “a currency that is hard to …

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

Still need to use a 3rd party as a middleman. Not exactly what we were hoping. But better than nothing, 25,000 is a lot for a single country, even if it will be about small and very small merchants since I doubt a big one is going to use a 3rd party

And UTrust willl be the third party. So I thought the article was all about bitcoin that will be widely use in Germany, but I was wrong. So this is actually a good news for utrust holders since the team is continually spreading and innovating the platform.

Having a P2P payment will eat a lot of time especially when the blockchain has a heavy traffic and with it having a third party will be more easier unless merchants have a local wallet that can make zero fees and can transfer in a matter of seconds.

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".
full member
Activity: 1302
Merit: 100
What's a happy news are!  This happy news inspiring people to invest in crypto and inspiring people to stay with bitcoin. Germany takes a proper steps to develop bitcoin as their trading system.
newbie
Activity: 64
Merit: 0
That sounds great. Could you give the information source?
Thanks
jr. member
Activity: 196
Merit: 1
This is very wonderful. I have earlier read in a post that Germany have accepted bitcoin as a legal tender. If the news of this 25,000 online stores is actually true, then cryptocurrency will be on a very smooth run next year.
member
Activity: 322
Merit: 17
Good news is encouraging
Other steps on the way to adoption
btc needs to increase pressure from the users to accept Crypto.
hero member
Activity: 2268
Merit: 709
This news is fantastic: if it were all true it would be a further custom clearance to the large-scale use of bitcoins. And it's the only thing it really needs.
hero member
Activity: 1022
Merit: 503
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 company’s main accusation against crypto is that it is “a currency that is hard to …

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

Still need to use a 3rd party as a middleman. Not exactly what we were hoping. But better than nothing, 25,000 is a lot for a single country, even if it will be about small and very small merchants since I doubt a big one is going to use a 3rd party

And UTrust willl be the third party. So I thought the article was all about bitcoin that will be widely use in Germany, but I was wrong. So this is actually a good news for utrust holders since the team is continually spreading and innovating the platform.

Having a P2P payment will eat a lot of time especially when the blockchain has a heavy traffic and with it having a third party will be more easier unless merchants have a local wallet that can make zero fees and can transfer in a matter of seconds.
copper member
Activity: 172
Merit: 7
A Swiss startup company aims to make the use of cryptocurrencies for online transactions simple and safe just as it is with PayPal.

So....

Quote
Utrust aims to be the "PayPal of Crypto" by providing ..bla bla bla

For once we have bitpay but forgetting about that one we have just by searching google:

Coinbase Introduces the ‘PayPal of Crypto’
COTI, The PayPal of Crypto
Initiative Q - The PayPal Of Crypto
Decem – PayPal of Crypto
.....
Why wanting to become something that cryptos were meant to replace?

Besides...
Quote
Utrust says that with these partnerships, thousands of merchants can accept cryptocurrencies easily, receiving fiat equivalents in their bank accounts.

What we need is a solution to have the ones that produce the merchandise also receive coins otherwise it would be a stupid circle of people buying bitcoins and merchant selling bitcoins as they have no way to actually spend them on loading the store.




Why can't I search PayPal of Crypto links with Google? Can you send them out for us to see?
newbie
Activity: 2
Merit: 0
That is some great info as I live in Germany and have been waiting for at least a Bitcoin ATM in some bigger cities.
member
Activity: 434
Merit: 10
if this will take effect as soon as possible then it is very influential on crypto for the future especially if it will relate to 25,000 German online stores then this will bring big changes in the market because we know together that the German state is very best in cryptocurrency.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
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 company’s main accusation against crypto is that it is “a currency that is hard to …

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

Still need to use a 3rd party as a middleman. Not exactly what we were hoping. But better than nothing, 25,000 is a lot for a single country, even if it will be about small and very small merchants since I doubt a big one is going to use a 3rd party
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
It kind of sucks that people have to use payment processors to spend Bitcoin when that's exactly what it wants to prevent, but I suppose it's a good short-term measure. I just hope these existing options don't dissuade merchants from accepting Bitcoin directly in the future.

But yeah, I would be psyched about this if I were German.
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

you are talking about volatility but only talk about one side of it which is drop not the other side which is the rise. in other words there is a higher chance of making a lot of profit when accepting bitcoin as its price continues going upwards specially in the long term. for example someone who has been accepting bitcoin payment in the past year has made a ton of profit since in a year price has grown >600% not considering the ATH.

They are most times not enthusiasts' of bitcoin.
If they were most would have invested directly in bitcoin instead of selling commodities to own bitcoin. Possibly they are investors. But if I was a merchant, I wouldn't mix up my business and my passion. As much as we love bitcoin, it is not a shrewd business decision.
Ateast it is a possitive step and would help increase adoption and popularity, a small step in the right direction.

it is not commodities they sell, it is goods. and they don't necessarily have to be enthusiastic about bitcoin to start seeing the potential and wanting to keep at least a part of what they receive. it doesn't have to be receiving bitcoin and holding all of it! you can sell as much as to cover the costs and keep the profit of your sale as bitcoin as an investment. it is still business and has nothing to do with "passion" it would be passion if you were blindly buying bitcoin (small amounts) to test it and have fun with the technology not when it is money involved.
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