How many merchants have you convinced to accept Bitcoin? - page 3.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Kakmakr on July 07, 2018, 06:06:01 AM

I should have made this a self-moderated thread. The Trolls are out again. Roll Eyes

Three guys out of 10 voted for 20-50 merchants.
This is just as worse as rawdog comments, but at least he's a special case.

If we would maintain that proportion for like..1000 users it would mean that there are already at least 6000 merchants that have been convinced to accept BTC. Which is bs.

As for me, 0, zero, nada, not a single one!!
Not only I'm not good at interacting with people when trying to sell an idea but in my town most shops are run chain stores, the guy behind the counter has absolutely no power deciding about payments options.
As for small private shops ....I think I can safely say I haven't stepped into one in the last 3 months.

So, unfortunately, my contribution is a big nothing, but at least I'm honest about it.

Quote from: buternasek on July 07, 2018, 04:42:07 AM

I do not think it necessary to force merchants to accept bitcoin.

Nobody is talking about pointing a gun, we're talking about convincing, not forcing.

indayburakday012

newbie

Activity: 168

Merit: 0

Why should i use bitcoin for payment? I do not think it will let me earn more dumping more bitcoins. As we all know dumping more bitcoins means losing some of your money and it could be difficult to dump more bitcoin especially if market price is low that means you will going to lose more bitcoins in the process of payment.

1Referee

legendary

Activity: 2170

Merit: 1427

None. It just doesn't feel good to convince merchants to accept something I am not willing to spend.

On the other hand, I made dozens of people in my circle familiar with and accept Bitcoin, which they are now heavily into, and these people are sharing their knowledge with their friends, and so forth. It has become a means of payment from peer to peer for people conducting transactions through the internet.

For local payments it's not convenient yet. As long as my legacy debit card does a better job than Bitcoin, I'll keep using that, and I'm sure a lot others are with me on this.

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

Quote from: RawDog on July 07, 2018, 04:42:42 AM

What a joke. All merchants stopped. Taking bitcoin in common business is dumb. That is a failed notion. It stopped about 3 years ago. Blockstream WANTED it to stop. And stopped it did.

I should have made this a self-moderated thread. The Trolls are out again. Roll Eyes

Oh, well... we might as well promote freedom of speech to them too or they will run to Roger Ver and Cry me a river because this forum is supposed to be censored. Roll Eyes

In my opinion merchants stopped accepting Bitcoin, because a lot of users stopped spending it. Last year, the price went to $19 000+ and everyone was spending coins, but now the price took a 70% nose dive and everyone is hoarding. If this continue, more merchants will have no incentive to continue supporting it. Roll Eyes

This is why I am a strong supporter of the strategy to Hoard 80% and spend 20% of all the coins you buy. This way, merchants will continue supporting it and Bitcoin will once again rise up from the ashes. Grin

realcrypto

member

Activity: 476

Merit: 12

It is very difficult to convince a merchant to accept bitcoin since merchants always calculate and maximize profit in any business venture. I have convince up to three merchants to accept bitcoin.

Heidim

jr. member

Activity: 266

Merit: 1

I did a quick google search to see if I can spend or pay with bitcoin in my country. I found a great site accepting Bitcoin, and now I just have to try it out. Grin

I will report back on the experience. This will be my very first time buying something with Bitcoin.

Juggy777

hero member

Activity: 2646

Merit: 686

In the initial phase it was really difficult to convince people this was at 1k and the suddenly bitcoins started booming up and it became easy to explain sellers why should they accept it. Even though I had encountered a difficult spot with few as they refused to buy it, over a period of time was able to convince them to accept payments and now many are thankful they did.

RawDog

legendary

Activity: 1596

Merit: 1026

What a joke. All merchants stopped. Taking bitcoin in common business is dumb. That is a failed notion. It stopped about 3 years ago. Blockstream WANTED it to stop. And stopped it did.

buternasek

member

Activity: 336

Merit: 12

I do not think it necessary to force merchants to accept bitcoin. There are many others who will appreciate bitcoin as a means of payment. Not only one or two traders are willing to accept bitcoin as a means of payment, but there are many and even already exist in different countries.

Dudeperfect

hero member

Activity: 1190

Merit: 534

To be honest, I haven't personally convinced anyone to accept Bitcoin. However, I wrote a series of articles giving information about Bitcoin and cryptocurrencies in my native language back in 2014. The total hit so far is more than 20K on my blog series so I hope that at least 5% of them have started using Bitcoin and that number might be around 1000. To be honest, I don't have any exact data of actual Bitcoin users from my blog audience.

BitBite5

member

Activity: 210

Merit: 40

Quote from: Kakmakr on July 07, 2018, 04:04:03 AM

Quote from: faithofb on July 07, 2018, 03:44:09 AM

We need not to even convinced any merchants to accept the use of bitcoin as payment gateway because most of them will still see the usefulness of the technology

You are wrong on so many levels. Roll Eyes

Bitcoin has the edge over other Alt coins, because of it's large merchant network and also because they have such a big pool of people using it. Bitcoin adoption might be larger than it's competitors now, but it will decline IF the merchants stop accepting it as a payment option.

We only have the advantage over other Alt coins, because Bitcoin has a head start over other Alt coins. So please stop thinking like that and look at the consequences, if people stop growing the Merchant network. Angry

But in order for merchants to accept bitcoin on a larger scale they need to be exposed to lower risk. Besides volatility there is also lack of regulation which all together leads to fact that many merchants are still reluctant to accept bitcoin.

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

Quote from: Sonik33 on July 07, 2018, 04:10:46 AM

It's not a matter of starting or not, but it's about permission issues. My country has not granted permission to use bitcoin as a medium of exchange. If I get caught violating the permit then I will be punished.

Ah, that is a very valid point. Thank you for mentioning that, because it is very important that you do your homework before you do this. The local laws and regulations is very important and if Bitcoin is banned or restricted in any way, then merchants will be reluctant to accept Bitcoin as a payment option.

I made sure that I did that research before I approached them, because I have to answer their questions.

There is no harm in asking though and if they do not want to accept it directly, then they can work through Payment processors that convert bitcoins received to fiat currencies. Grin

Sonik33

jr. member

Activity: 138

Merit: 1

It's not a matter of starting or not, but it's about permission issues. My country has not granted permission to use bitcoin as a medium of exchange. If I get caught violating the permit then I will be punished.

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

Quote from: faithofb on July 07, 2018, 03:44:09 AM

We need not to even convinced any merchants to accept the use of bitcoin as payment gateway because most of them will still see the usefulness of the technology

You are wrong on so many levels. Roll Eyes

Bitcoin has the edge over other Alt coins, because of it's large merchant network and also because they have such a big pool of people using it. Bitcoin adoption might be larger than it's competitors now, but it will decline IF the merchants stop accepting it as a payment option.

We only have the advantage over other Alt coins, because Bitcoin has a head start over other Alt coins. So please stop thinking like that and look at the consequences, if people stop growing the Merchant network. Angry

faithofb

newbie

Activity: 238

Merit: 0

We need not to even convinced any merchants to accept the use of bitcoin as payment gateway because most of them will still see the usefulness of the technology

Kakmakr

legendary

Activity: 3514

Merit: 1963

Leading Crypto Sports Betting & Casino Platform

It is definitely not a easy job to do this. I have once been banned for 2 years from a online gaming platform, because I asked if they wanted to consider accepting Bitcoin as a payment option. Roll Eyes

I have also been shown the door, when I asked a "Spy shop" selling electronic spy gadgets, if they would be open to accepting Bitcoin as a payment option. The owner was scammed a few months back from someone that bought something with bitcoins and he took his rage out on me. Angry

Even, if you do not convince some merchant to accept Bitcoin as a payment option, it would stimulate their curiosity, if someone walk into their shop every day, asking for this. Wink

I am currently targeting a Drone shop in my area. Grin

maichimoto

newbie

Activity: 238

Merit: 0

I have been accepting cryptocurrencies as merchant numerously, I still get paid in cryptocurrencies, so I definitely put the money where my mounth is. You're right, more people need to promote bitcoin payments

First77

member

Activity: 266

Merit: 32

I purchased a chair from amazon.com and it broke in 2 months. The seller is not giving refund or new chair. Amazon is not replying to my emails . No help from amazon and they deleted the review that I posted on amazon for the seller and bad service from amazon.

Do you think people will use bitcoin when there is no protection against fraud from sellers ??

virendarnagpal

member

Activity: 672

Merit: 12

It was in December 2017 when my friend introduced me to bitcoin. Though I had heard about bitcoin few years back but was not really interested in it. But after the incidence my curiosity for crypto increased.
I being in small city people here are not knowing crypto. So till date I could not pay my bills via bitcoin. Also the current situation is not in favour of bitcoin and restrictions are being imposed on it's sell or buy transactions.
I wish to have a tour to some bitcoin friend country in very near future and there I will use crypto for payments.

mindrust

legendary

Activity: 3276

Merit: 2442

I did the opposite. I was the seller and accepting only bitcoins and the buyer had no idea about it. (He found my thread via google) I explained it to him, he bought the coins and then I sold the stuff for bitcoins.

Experienced the exact same story 3 times before I run out of stock. All of them insisted on bank wire transfer first but then accepted the offer. I guess they were desperate. Grin

edit:
See this.
https://bitcointalksearch.org/topic/m.41748613

Quote from: mindrust on July 08, 2018, 05:54:37 AM

I understand what you are trying to say but your logic is flawed.

Bitcoin is a cash system and it is cash but it also has limited supply which makes it a store of value.

If you knew your FIAT money was going to gain value every day, every month without stopping would you spend it? If you knew that $50k would buy you 2 houses next year while it is not enough to buy 1 house today? (You can replace FIAT with gold, btc, ltc, doge or anything. The answer will be the same) If you say "yes" to this question then you must be retarded.

Bitcoin is just like that. People know that it is going to go up so they don't want to spend it. Any one says the otherwise is a liar.

Buyers shouldn't convince the sellers. It is the sellers who must insist on taking bitcoins as a payment. Read my first message at the beginning of this topic. This is how you raise awareness. If you are not a seller or a business owner there isn't much you can make about it.

A btc user/hodler should only think about raising his bitcoin amounts just like the seller should. And the seller has an advantage in this situation. If the seller accepts only bitcoin, then the buyer will have no choice but hand over his precious bitcoins to the seller. When the buyer spends his bitcoins, he is going to buy more to fill up his stash again.

TLDR; you are asking the wrong question.

The question should be:

"How many customers have you convinced to spend their bitcoins?"

Topic: How many merchants have you convinced to accept Bitcoin? - page 3. (Read 546 times)