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Topic: Bitcoin acceptance - page 14. (Read 4712 times)

sr. member
Activity: 308
Merit: 251
August 27, 2017, 12:15:24 AM
#98
I have few known stores in my country who do accept bitcoin as a payment for goods and services. But as of now I don't have any idea if there are restaurants or any food chains that is within my country has the same bitcoin transaction and available features like that.
But it is a must for the popularity of bitcoin as of now maybe there is high numbers of users who are residence here.
legendary
Activity: 1148
Merit: 1048
August 26, 2017, 11:00:42 PM
#97
There is little incentive for a shop to accept bitcoin at the moment.

Granted, its pretty easy to actually accept BTC, via coinbase, bitpay, the list goes on. but what would be the reason? there is a pretty strong chance absolutely none of your customers are actually holding bitcoin, even if they have heard of it. the initial confirmation takes way too long for how fast the average point of sale transaction takes. if it were a drive through, those precious seconds would add up to a big wait for people farther back in the line.

the fees fuck this up as well. you have to sell pretty expensive stuff in order to justify the fees, and you would have to eat them yourself. most modern customers wouldnt accept the idea of an additional fee on top of the purchase price.

and finally, if someone does use bitcoin, if you want to spend it, you have to convert it right back to fiat to buy more goods/pay workers.

so, just easier to take fiat.
sr. member
Activity: 812
Merit: 251
August 26, 2017, 10:07:21 PM
#96
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
There are lot of merchants that has been scattered all over the world who accepted bitcoin as payment to their business. Some of it was restaurant, coffee shop, fine dining, and some are remittance outlet in the entire world. This thing happen due to bitcoin is volatile. Wink
legendary
Activity: 1666
Merit: 1001
August 26, 2017, 09:13:47 PM
#95
There are several countries starting to accepting Bitcoin, and in Japan the government already legalized it, so you can live by only spending Bitcoin in Japan, and in some country bar and restaurant accepting Bitcoin, in Italy you can pay taxi with Bitcoin, I won't be surprised in the next few years there will be a lot of things we can buy using bitcoin
legendary
Activity: 1386
Merit: 1001
August 26, 2017, 08:30:36 PM
#94
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

Bitcoin is accepted offline as payment method in some developped countries like Germany, but it is still not supported in my country nor in the most countries worldwide. Even online the great marketplaces like ebay and Amazon still not supporting Bitcoin.
full member
Activity: 378
Merit: 101
August 26, 2017, 08:28:11 PM
#93
it is very nice there is a restaurant that accept payment using bitcoin ,, in indonesia still no ,,  in indonesia that accept bitcoin payment only online store, and i hope there is progress in indonesia
member
Activity: 71
Merit: 10
August 26, 2017, 08:21:27 PM
#92
They are the lucky one living accept to pay by BTC .
Where I live  they do not even know it, i wonder when it's accepted payment.
sr. member
Activity: 240
Merit: 250
August 26, 2017, 08:04:45 PM
#91
Maybe yes, because in my country Indonesia does not know legal or illegal Huh
full member
Activity: 490
Merit: 101
August 26, 2017, 07:55:10 PM
#90
Yes people around the world accepting bitcoin now.Not only people but many country giving it a legal certificate to trade bitcoin.May be very soon we will see bitcoin with a CFD status.But still a very large number of people not aware about bitcoin and its benefit, maybe only 20% of people know about it and how to use bitcoin.what will its price when 50% or more people(countries, entities, business houses etc) start accepting bitcoin???
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
August 26, 2017, 07:15:50 PM
#89
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

No, we have caffes, restaurant and a school that accepts bitcoin for scholarship, and tbh I'm a bit surprised. Also, we got an ATM recently for buy/sell and 2 for just buying btc. We're doing pretty well considering we're not that huge country at all.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
August 26, 2017, 06:56:17 PM
#88
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
You are lucky that your local stores and restaurants accepts Bitcoin as a mode of payment. Here in my country we can pay bills like electric bills and even insurance agencies there are also selected stores but they are located in different areas I know nothing about a physical store here in my province accepting BTC. I hope one day I can see local stores accepting Bitcoin near in my area like restaurants, department stores et cetera. But it is now hard to transact if we have smaller funds or we are going to buy in smaller quantities because transaction fees are too high. Transaction fees are way too high compared on the price of goods we bought from local stores. How about transaction fees OP? Is it a yay or nay?
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
August 26, 2017, 06:11:12 PM
#87
The biggest thing, is a combination of a 20 minute confirmation. And a highly fluctuating value of each coin. I mean you literally have the ability to look at a business's website and calculate that you need 0.00 5 BTC to purchase X item. Which right now should be I think about $17. Now in order to avoid a confirmation. At the store you go ahead and initiate the transaction some of that it's fully confirmed when you get to the store.
full member
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
August 25, 2017, 01:56:29 PM
#86
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

I doubt that you are the only one that can spend Bitcoin directly to merchants. I am quite aware about the formal announcement of Japan, they started accepting Bitcoin as a mode of payment last April. After that event, many merchant and businesses began accepting Bitcoin as a mode of payment. The last news I remember, even an airport in Japan accepts Bitcoin.
legendary
Activity: 1190
Merit: 1024
August 25, 2017, 12:35:04 PM
#85
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

Oh yeah and United States are quite a few businesses that readily take the coins. It can be a little weird and there's a growth. For some of these smaller businesses, but that's one of the services we provide my setting him up with a cert framework that can buffer the technology overload from hitting them.
full member
Activity: 476
Merit: 100
August 25, 2017, 05:21:45 AM
#84
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
No, as far as I know all around the world, there many merchants now are bitcoin accepted  such as Starbucks not all outlet, like here in my country we had some restaurant here also bitcoin accepted, which is very nice and awesome to see.
full member
Activity: 459
Merit: 104
August 25, 2017, 04:45:07 AM
#83
In Romania there are no physical locations to accept bitcoin payments, but some ATM's. You can also pay with bitcoin in 2-5 online shops and this is all.
Also PayPal has had difficulties, now you can pay with PayPal in may online shops. 10 years ago no one has heard of PayPal, no one knew what PayPal was. Romania is behind Germany with some 10-15 years in what it concerns electronic payments, and electronic wallets.
full member
Activity: 882
Merit: 104
August 25, 2017, 04:44:08 AM
#82
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
Wow thats great. I wish someday in my country will have store or restaurant that can pay with bitcoin. I think some country like japan accept bitcoin as a payment.
sr. member
Activity: 364
Merit: 250
August 25, 2017, 04:24:31 AM
#81
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

Wow, that's nice to hear. Surely, there are also other developed countries who have wider acceptance of bitcoin. Sad to say that here in Philippines I haven't heard if there's any merchant who accepts btc as payment. Maybe there are already I just haven't heard of it. But I'm positive that there will be, if none already, in the near future since there are lots of international merchants here. I'm pretty sure they accept btc in their main store abroad.
newbie
Activity: 4
Merit: 0
August 25, 2017, 04:19:31 AM
#80
Not just Germany, in Russia, There is currently a big rise of interest in cryptocurrencies and allot of shops have accepted bitcoin, even branches of world fast food brands, it's still more of a novelty than actual use, but there is definitely rising interest that can easily increase overtime.
hero member
Activity: 2590
Merit: 644
August 25, 2017, 04:10:24 AM
#79
You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
I think so. Bitcoin is not accepted in different countries yet and only a small percentage of countries accepted bitcoin as payment to stores and restaurant. Bitcoin needs a lot of time before it get accepted to the other countries also and i think it will be not fast because bitcoin is just starting to prove itself to the country who are watching bitcoin as of now.
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