When Giants E-commerce start to accept BTC?

luxcoin

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Quote from: DoublerHunter on November 23, 2017, 06:37:37 AM

When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.

I think the same buddy.
We have to wait until some countries state its completely legalisation and then they also business like small but event big will start to accept and make it happen. I hope this will happen soon because we need such a different money from fiat because we cannot trust central banks anymore!

DoublerHunter

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When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.

luxcoin

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Quote from: vv181 on November 20, 2017, 10:43:34 PM

I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

That's great, I've never read the news about it.
I think it can happen sooner, like in the next couple of months with the new year 2018. But BTC needs to solve the problems such as speed of confirmation, fees because it's no convenient to switch from a credit card system for a small but even a giant retailers.

There are basically 2 alternatives:
- they start accepting BCH or BCC because it was designed to that purpose
- BTC fix that problems mentioned

luxcoin

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Quote from: 24core on November 20, 2017, 10:14:13 PM

Accepting bitcoins in online stores is now very easy to do with plugins, api's etc... The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.

Hi mate,
we have the same idea Wink

BTC as seen too much as a form of investment for the future like gold was a hundreds ( mmm no sorry just a few years Grin

) ago..
So as you might agree, there are plenty of great Altcoin ( and of course there are shitcoins too ) that can solve the problem you mentioned.

Because if also the local retailer like big one start to see cryptos and try to adopt it, it needs to be better to what are Credit Cards nowadays

luxcoin

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Quote from: athanz88 on November 20, 2017, 10:08:25 PM

Quote from: luxcoin on November 05, 2017, 08:22:59 AM

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

The reason why local e-shop are supporting bitcoin nowadays is because they want to earn bitcoin and make a fortune of it, because bitcoin price is growing, and by holding, they will earn more than the initial price of the product they are selling. Plus, they dont have to deal with tax if they use bitcoin as a transaction i guess. They are looking and risking this chance because they are not as rich as the big giant e-commerce, while big giant e-commerce already have a fortune and stable one.
But as bitcoin grows, i am sure all of big giant e-commerce, or big vendor, or big merchant, already put a thought on how to apply it to their respective market. Maybe they are doing some calculation, regulation, law studying, and more for now, but i am really sure they will adapt crypto currency (maybe only bitcoin) as ther payment option in couple years

Great point of view buddy.
I think BTC now is seen as a form of investment for too many players inside the market and it's less and less a form of digital payments because as you were saying its value continues to grow ( and hopefully for us it'll never stop Grin

) - and yet there is the problem with the taxes and government stuff.
So I only see other Cryptos as form of payments different from BTC for now.

Synaesthesia

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Now eBay has accepted Bitcoin in payment, Amazon is considering accept Bitcoin for payment. I think that in the near future, all e-commerce platform can't refuse Bitcoin.

10yearsolder

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Quote from: vv181 on November 20, 2017, 10:43:34 PM

I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

This is the beginning. These large companies must have already heard about Bitcoin and its being widely used. However, the primary concerns when all these will start will be the confirmation time as well as the transaction fees. I think this is going to be addressed urgently. Otherwise, these companies will not proceed with Bitcoin payment. There are actually simple shops that accept Bitcoin but it seems more convenient to use fiat most of the time these days.

SummonKing2

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Quote from: luxcoin on November 05, 2017, 08:22:59 AM

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Because they saw the potential of bitcoins. They saw its rapid development. And of course, because of its demand it is more likely to increase their company's profits. So they start accepting it as a form of payment. Because no payment hassle can speed up their transactions and their clients. And we expect many more companies to get bitcoins to pay for their services or their products.

vv181

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I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

King Sastro

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Marketcap cryptocurrency has reached more than $ 200 billion, and more than 50% is bitcoin, I'm sure bitcoin will not be stopped by anyone so the easy way for corporate giants is to accept bitcoin to attract customers.

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Quote from: 24core on November 20, 2017, 10:14:13 PM

Accepting bitcoins in online stores is now very easy to do with plugins, api's etc... The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.

I get your point. But it is not totaly used, it is not officially. I think that is one of the problem, that it takes a hour to confirm and successfully transfer. But someday let see what wil happen. If its official.

24core

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An Impressive Purely Anonymous Currency.

Accepting bitcoins in online stores is now very easy to do with plugins, api's etc... The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.

athanz88

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Quote from: luxcoin on November 05, 2017, 08:22:59 AM

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

The reason why local e-shop are supporting bitcoin nowadays is because they want to earn bitcoin and make a fortune of it, because bitcoin price is growing, and by holding, they will earn more than the initial price of the product they are selling. Plus, they dont have to deal with tax if they use bitcoin as a transaction i guess. They are looking and risking this chance because they are not as rich as the big giant e-commerce, while big giant e-commerce already have a fortune and stable one.
But as bitcoin grows, i am sure all of big giant e-commerce, or big vendor, or big merchant, already put a thought on how to apply it to their respective market. Maybe they are doing some calculation, regulation, law studying, and more for now, but i am really sure they will adapt crypto currency (maybe only bitcoin) as ther payment option in couple years

Palmerson

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I'm not sure what it will bring to them. The problem with the government they have to be. On the other hand, all users trying to store their coins in order to get rich in the future. The majority of purchases customers make for Fiat. In this case, the implementation of the ability to make purchases with bitcoin but trouble?

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I am very sure those big e-commerce enterprise would adjust. It is all about a matter of time. I am confident about this because, some start-ups that would accept crypto as means of payment are coming up and many for that matter

luxcoin

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Quote from: iqlimasyadiqa on November 16, 2017, 06:44:51 PM

Quote from: luxcoin on November 05, 2017, 08:22:59 AM

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

It will all happen to me. we have to wait some more time until everything looks better prepared.
I have seen the development of the use of Bitcoin and this is one point that will soon be realized by big companies.

Dinately. We have to wait a little more..but just see what happen since last year Shocked

luxcoin

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Quote from: romecheo on November 16, 2017, 05:20:28 PM

E-commerce, shopping online, buy and sell, services and many more are cannot escape from adapting crypto currencies as payment.

1 to 2 years from now Amazon, Alibaba, ebay, etc. will accept payment thru crypto currencies.

and for Amazon they already have a plan for crytocurrencies, you may read more at the link https://www.investopedia.com/news/could-amazon-be-getting-cryptocurrency/

There are many more business, e-commerce that accept Bitcoin for their services and product.

https://steemit.com/bitcoin/@steemitguide/2017-top-list-of-big-companies-that-accept-bitcoin-and-cryptocurrencies

Didn't know that. Thanks for sharing Wink

Anyway I think the same. Look back just 10 months ago and how much not only the proce but all the world is talking about it and it continues to grow - something big is gonna happen !
And it needs to come from a Top player of the market..

Forward_Thinking

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Quote from: Iranus on November 06, 2017, 06:15:17 PM

Quote from: luxcoin on November 05, 2017, 08:22:59 AM

why instead do they seem to be late adopters?

The number of small retailers is pretty low. The difference is that they don't have a huge amount of resources to consider it, so their acceptance of BTC is somewhat experimental and they don't expect huge amounts of customers to be paying with it.

There's also the fact that BTC users are quite specific audiences, so very general audiences like Amazon may not be interested enough for it. A VPN provider or porn site is more likely to accept BTC than Amazon or another major retailer.

As for adoption, I'd say it was happening more when the price was lower. We're still mentioning the addition of one retailer at a time rather than giving general statistics or information.

If you really need to use those major services, you could try converting BTC to gift cards or using indirect systems like Purse.

I know a group that is trying to change this. Contact me directly if you want to know more. I don't want to spam the thread. But I agree with you. BTC is supposed to help us buy things online and that has been really slow to happen. But again, I know a team trying to fill that gap.

iqlimasyadiqa

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Quote from: luxcoin on November 05, 2017, 08:22:59 AM

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

It will all happen to me. we have to wait some more time until everything looks better prepared.
I have seen the development of the use of Bitcoin and this is one point that will soon be realized by big companies.

william8829

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Quote from: Samarkand on November 16, 2017, 02:41:10 PM

Quote from: william8829 on November 16, 2017, 02:24:02 PM

...

Put yourself in their shoes. You are a company with tens of thousands of employees and a company worth hundreds of billions of dollars and a working model using credit/debit and some digital currencies like Paypal backed by fiat. Would you change? Do you need to change? Would you invest in a currency that has has dipped and rallied huge percentages in hours?

You are missing a possibility - accept BTC payments using a service like Bitpay or Coinpayments that covers the exchange rate risk for you.
If you integrate BTC or another cryptocurrency using a provider like this, you definitely don´t have to worry anymore
about a highly volatile exchange rate.

The solutions to the problem mentioned by you have been working flawlessly for years.

I think using Bitcoin is a good idea but im not a business owner. I dont believe large corporations need Bitcoin right now. Maybe later Wink

Flawlessly may be a stretch. Bitpay has shown it is willing suspend service during uncertain times. http://www.zdnet.com/article/bitpay-to-shutter-services-during-segwit2x-hard-fork/
Thats not good for business.

Quote from: luxcoin on November 05, 2017, 08:22:59 AM

Your words makes sense to me.
If you anyway want constantly to improve your revenues and makes new costumers you have to look something odds right?
In that case they might have to..

Good point. Your either growing or shrinking. nothing stays the same.

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