Bets are being taken on which next major retailer will accept BTC by end of 2018 - page 2.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: adaseb on December 02, 2017, 01:17:39 AM

In my opinion I think that Apple and Amazon odds are way too high. I also think Mcdonalds at 1/2 odds is very high considering their meals are cheap and due to bitcoin miner fees it would end up costing the meal almost double. Whats everyone's take on this?

McDonalds is already rumored to start accepting payments in 2018 same as Amazon. The problem with Amazon is that their US branch does it their own way and is probably going to be accepting Bitcoin, while the EU branches like Amazon.de and .fr might not be so eager to do it. Right now you can buy a .com gift card without problems and .de or.fr aren't available. .com gift cards don't work anywhere else, although you can log in to.com with your credentials from EU. That's weird if you ask me.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: adaseb on December 02, 2017, 01:17:39 AM

...
There is a site called Betway Group and there are bets underway which retailers are most likely to offer Bitcoin as a merchant until the end of 2018. Here are their odds predictions at the moment.

... Whats everyone's take on this?

The juice/vig (house advantage) of the bookmaker is way too high for obscure bets like this. You are essentially
burning money by betting on any of these bets. Even if you would have some kind of insider information
you probably could only bet like 10 pounds on a bet like this. The odds are bad, the betting limits are low, which
makes this a horrible bet.

If anyone wants to bet on this you should set up a market at Fairlay where you would be able to
get much better odds and also more liquidity.

debuni

legendary

Activity: 1162

Merit: 1002

It's not fair to compare retail vs airline... Walmart vs British Airways

I would bet on Argos or Amazon. If there is a lay option, I would LAY Apple and may be McD. McD are too small transaction vs current fees.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

with BTC being very volatile even the merchants that have had the idea to turn on their btc acceptance will simply hold off until they dont risk having 1000 usd drop off their investment in a single day

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: bering on December 02, 2017, 01:07:33 PM

actually last month there was several rumour to says Amazon has pretty near to accept bitcoin but very unfortunate it was not happened even Amazon official statement said they will not accept bitcoin as their a part of their service in the near future so probably that's why the odds for them was pretty high

No that was false. It was some stock promotor on Twitter that kept saying it. He said it in the past also and was wrong on each account.

Amazon wouldn't be bad if they went with a merchant like Coinbase to do the processing for them. However what percentage of payments will be in Bitcoin? Probably less than 0.1% and not worth it to them.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

actually last month there was several rumour to says Amazon has pretty near to accept bitcoin but very unfortunate it was not happened even Amazon official statement said they will not accept bitcoin as their a part of their service in the near future so probably that's why the odds for them was pretty high

adaseb

legendary

Activity: 3808

Merit: 1723

Read an interesting article on Forbes.
https://www.forbes.com/sites/rogeraitken/2017/11/29/bitcoin-odds-on-to-be-accepted-by-mcdonalds-at-end-of-2018-but-could-it-break-20000/#36f6f3811385

There is a site called Betway Group and there are bets underway which retailers are most likely to offer Bitcoin as a merchant until the end of 2018. Here are their odds predictions at the moment.

Quote

Walmart 1/5

British Airways 1/3

McDonald’s 1/2

Argos 4/5

Amazon 6/4

Easyjet 7/4

Apple 5/2

Primark 3/1

John Lewis 7/2

National Rail 4/1

Greggs 10/1

Poundland 10/1

Source: Betway

In my opinion I think that Apple and Amazon odds are way too high. I also think Mcdonalds at 1/2 odds is very high considering their meals are cheap and due to bitcoin miner fees it would end up costing the meal almost double. Whats everyone's take on this?

Topic: Bets are being taken on which next major retailer will accept BTC by end of 2018 - page 2. (Read 759 times)