Topic: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019 - page 7. (Read 1423 times)
October 12, 2018, 05:03:48 AM
I think its a good initiative and not the first one. Around the world there are few countries that have already started accepting crypto currencies in various sectors and more countries are planning to do so. After all crypto currency is the future of digital currency.
October 12, 2018, 03:58:29 AM
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..But yeah, I would be psyched about this if I were German.
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.
October 12, 2018, 03:48:44 AM
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..But yeah, I would be psyched about this if I were German.
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.
October 12, 2018, 03:35:42 AM
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..But yeah, I would be psyched about this if I were German.
Accepting the bitcoin directly could propel them to incur losses as the price is definitely never stable
Some businesses would be more than happy to accept crypto directly I think.
Just look at Overstock, they've been consistently keeping part of their Bitcoin payments as Bitcoin. I can't remember how much exactly, maybe something like 10 or 20% (someone correct me on this).
Are there actually any Bitcoin payment processors that offer such a service for merchants? I mean having the option of retaining part of their payments in Bitcoin.
October 12, 2018, 02:51:04 AM
I do like this for the fact that you skip over the store attendant who can not use the bitcoin payment machine in their store (it drives me insane!)
October 12, 2018, 02:46:40 AM
I think it's a good thing to give the possibility to pay in crypto. This will help people become familiar with cryptos. The goal is for cryptos to be used worldwide from a computer or mobile phone. We must have access when we want our money and send it to whoever we want. These kind of stores that accept cryptos show that it is a currency and that we can use it as we see fit.
October 12, 2018, 02:40:55 AM
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.
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.
October 12, 2018, 02:28:42 AM
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..But yeah, I would be psyched about this if I were German.
Accepting the bitcoin directly could propel them to incur losses as the price is definitely never stable
October 12, 2018, 02:23:53 AM
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.
October 12, 2018, 02:19:08 AM
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.
But yeah, I would be psyched about this if I were German.
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 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
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
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