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Topic: "In 5 or 10 years I think every online retailer will accept Bitcoin." -Gavin - page 4. (Read 3114 times)

legendary
Activity: 1722
Merit: 1051
Official DigiByte Account
Two - three years max. Change is happening fast. #singularity
legendary
Activity: 3542
Merit: 1352
Eh, even if all the online retailer in the internet started accepting bitcoin, how about the buying side? If consumers won't start buying things online with their bitcoins, you can't expect anything to happen massively. Surely the economy of bitcoin will expand because of the retailers, but it isn't enough without the buying support from the consumers. In 5 to 10 years, it is basically all or nothing for bitcoin.
hero member
Activity: 504
Merit: 500
Well, it's like Paypal now ... 70% of all seller in the world accept this ... with a "hell" of fee and chargeback.

So, when sellers realise that Bitcoin ... have nos fees and NO CHARGEBACK, the world change. Grin
We, the bitcoiners, are like Eobard Tharwe in Flash Serie.

We look the world with a winning view (after the sellers accept bitcoin massivly).


and it's good.


6300 nodes of bitcoin do this at this time.

Of course sellers should be taking Bitcoin. But you need to move the buyers to use Bitcoin and to accept the fact that they don't have protection from scams. I love to take Bitcoin, but to pay someone in Bitcoin, you need a little trust that you're going to get what you paid for.

Paypal is good for buyers on eBay; Bitcoin may not be.
legendary
Activity: 1512
Merit: 1012
Well, it's like Paypal now ... 70% of all seller in the world accept this ... with a "hell" of fee and chargeback.

So, when sellers realise that Bitcoin ... have nos fees and NO CHARGEBACK, the world change. Grin
We, the bitcoiners, are like Eobard Tharwe in Flash Serie.

We look the world with a winning view (after the sellers accept bitcoin massivly).


and it's good.


6300 nodes of bitcoin do this at this time.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
retailers can accept it no problem, will consumers use it?
I certainly hope so. How much of a percentage of online transactions would BTC need to move the price?
sr. member
Activity: 476
Merit: 250
I'm skeptical that Bitcoin will ever be taken serious as a currency.
The tech is what's valuable
sr. member
Activity: 354
Merit: 250
Well I'd love to hope so, but let's remember his opinion is obviously biased. I can't see any reason why online retailers won't accept bitcoin as it cost them nothing to do so and can only bring them in money, but we all know merchants and the general public don't always listen to logic.
hero member
Activity: 728
Merit: 500
"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.

My honest opinion is this yes in next 5 years and onwards Bitcoin will be accepted by most of the online retailers.For better understanding we can watch the adoption of Bitcoin in last 6 months and can predict where it will be in future.
legendary
Activity: 1401
Merit: 1008
northern exposure
"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.


well, thats exactly whay all of us are thinking, yes? or at least thats our hope, if not,  what are we doing here? Tongue

If even 25% of online retailers accept bitcoin in 5-10 years we'll be laughing.

exactly, we dont need that every online retailer accept Bitcoin to be happy Wink
hero member
Activity: 699
Merit: 501
like Satoshi said(not exactly):

in 5 or 10 years either the vast mojority of retailers will accept Bitcoin or none will accept it

Hopefully it'll be the first option. Look at where we are 7 years ahead.
legendary
Activity: 2772
Merit: 1127
like Satoshi said(not exactly):

in 5 or 10 years either the vast mojority of retailers will accept Bitcoin or none will accept it
legendary
Activity: 1358
Merit: 1016
This is a good thing to hear. I hope he is right and that we can get past each obstacle between now and then.
legendary
Activity: 3248
Merit: 1070
so we can assume that we need at least two halving, and that the coming one is not enough, it make sense seeing how the price is still crippled
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.


Music to my ears Colin.
Thanks for that, when Gavin speaks people listen.
If even 25% of online retailers accept bitcoin in 5-10 years we'll be laughing.
Just going to have a quick look at the link now - thanks for sharing.
hero member
Activity: 907
Merit: 1003
"In 5 or 10 years I think every online retailer will accept Bitcoin." - Gavin Andresen

https://youtu.be/iQ2TOFIgvis

Awesome 15 second quote from Gavin during this New York Public Library discussion on May 19, 2015.
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