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Topic: When will more retailers accept Bitcoin - page 16. (Read 17249 times)

newbie
Activity: 9
Merit: 0
November 06, 2017, 04:11:41 AM
Until there is an adequate fork, which will speed up the payment process, bitkoyn will not go to the masses. SW2X is not an option. But an outlook in right direction
sr. member
Activity: 574
Merit: 253
November 06, 2017, 04:04:36 AM
The more popular bitcoin the user will automatically increase and of course more and more retailers are happy to receive bitcoin, but the fact that few people know and become bitcoin users.
newbie
Activity: 38
Merit: 0
November 06, 2017, 02:32:58 AM
A lot more BTC internet sites are popping up everyday.  It will not likely be extended now until it grow to be a universal norm.
member
Activity: 119
Merit: 10
November 03, 2017, 05:06:16 PM
there are tons of jurisdiction who already developed and adopted to bitcoin, their retailers already accepts Bitcoins and other crypto currencies. though locally no retailers in my country accepts Bitcoin as payment method, but i think they will soon, with the prices of Bitcoin nowadays its hard to deny the fact that its real, after all even Wall Street said so
sr. member
Activity: 382
Merit: 250
November 03, 2017, 04:42:24 PM
I think that we will see as much more retails will accept crypto curriencies as a payment method in the closest future. It will became more realistic as we see services for merchants which help them to accept crypto coins and receive fiat money at their bank accounts. It already doesn’t look like fantastic.

Bitcoin is a currency which as the potential to become worlds global currency and accepted globally. As many of the people are unknown to bitcoin they cannot use it. but still it is spreading very quickly in the world as more any more people are taking interest in them. but still many big company like google and amazon have started taking interest in them and using it for there profit. bitcoin is the best way to earn money online and it is better for safe and secure transactions also. 

I believe Amazon will accept Bitcoin soon, maybe in this year is possible. Because the Bitcoin price still needs to have reason to keep its value at high price after the hardfork, a good news like Amazon accepted for their platform will help the Bitcoin price increase to $10,000 Cool
full member
Activity: 291
Merit: 119
October 30, 2017, 08:42:49 AM
Definetely, bitcoin being used as a locally accepted transaction mechanism is not a far sighted reality. Many store chains and PoS are accepting it. I think soon it will be under global acceptance beause of the merits it holds and the popularity it has gained over the period of time.

And when this will happen, bigger companies wont stay away from getting benefitted from this awesome technology. When they will see large number of there customers are using bitcoins as a transaction mode, they will have to accept it to sustain or rather grow their market.
full member
Activity: 322
Merit: 102
October 20, 2017, 04:10:21 AM
To be exact on when will more retailers accept Bitcoin, that will be still uncertain. Legalization of Bitcoin in most of the countries should happened first. I wish our country is like Japan too that accepts Bitcoin more. This could be a process to different countries. But that's what we want to have in time. Bitcoin has indeed a great opportunity to be the worlds currency in time. This needs to be discovered more by individuals.
full member
Activity: 546
Merit: 101
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October 20, 2017, 03:51:53 AM
Less can be sure but I'm sure it will not be long time will be more retailers will receive bitcoin payments as time goes by, because of course bitcoin will increasingly become more popular among people and closer to people across the country and of course automatically there will be many people who have an idea to open a business that accepts bitcoin payments.
sr. member
Activity: 572
Merit: 250
October 20, 2017, 03:07:25 AM
I think that we will see as much more retails will accept crypto curriencies as a payment method in the closest future. It will became more realistic as we see services for merchants which help them to accept crypto coins and receive fiat money at their bank accounts. It already doesn’t look like fantastic.

Bitcoin is a currency which as the potential to become worlds global currency and accepted globally. As many of the people are unknown to bitcoin they cannot use it. but still it is spreading very quickly in the world as more any more people are taking interest in them. but still many big company like google and amazon have started taking interest in them and using it for there profit. bitcoin is the best way to earn money online and it is better for safe and secure transactions also. 
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 19, 2017, 11:07:58 PM
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

all will receive payment with bitcoin when all retailers already know the advantages of having bitcoin, but for now still less knowledge about bitcoin to retailers.

The longer this bitcoin surge goes on the more people will be into it, and that means that more transactions will be done using bitcoin. We've already heard about major companies like amazon planning on accepting bitcoin and if that pushes through, then it will make smaller retailers be confident about bitcon deals
full member
Activity: 420
Merit: 100
October 19, 2017, 10:29:58 PM
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

all will receive payment with bitcoin when all retailers already know the advantages of having bitcoin, but for now still less knowledge about bitcoin to retailers.
full member
Activity: 448
Merit: 103
October 19, 2017, 10:05:58 PM
I think more retailers will accept bitcoin if its value will be more stabilized. Especially now that the value is deflating every day. So maybe more retailers are still waiting on what will happen after the hard fork. Retailers are businessmen who are not ready to risk when it comes to transacting with bitcoins. They will need more time to be convinced to accept btc. It's good to invest in bitcoin if you are investing for long term but retailers need cash to run their business.
Hmm. I think this is of normal occurence. Even paper fiat becomes volatile when it comes to price. It has undergone series of inflation and dlation as time passes by. For bitcoin to be accepted in the retail world, the retailers themselves must be open for it. They must experience how bitcoin works and earns so that they will not be hesitant to use bitcoin as medium for trading.
legendary
Activity: 2044
Merit: 1115
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October 19, 2017, 09:49:47 PM
When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
Its all authorities war with decentralizing. This is the biggest challenge.

The biggest challenge is the instability of bitcoin's price. It's impossible to store value in bitcoin reliably because the value changes so drastically. Businesses can't afford to conduct business in a currency that could drop so far as to wipe out the profit margin for the business. It's not the businesses themselves that are the problem, it's the volatile nature of bitcoin. Businesses will follow the money. If bitcoin stabilizes and it's cheaper than traditional payment methods, you'll see a lot more retail adoption. But don't expect it in the current environment bitcoin resides.
full member
Activity: 714
Merit: 100
October 19, 2017, 09:13:33 PM
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

Many Retailers and establishments will accept bitcoin if the country will legalize it then this will be the start where bitcoin will be widely popular in their area because it will be widely legally advertise with the help of the government too. If a certain retailer will accept bitcoin it will double their costumers from booth paper money and bitcoin holders which resulting to a potential increase of their incomes because the volume of their costumers are increased. This will not be possible if the government will not support bitcoin.
full member
Activity: 322
Merit: 105
October 19, 2017, 08:55:55 PM
I wish I could spend my bitcoins locally or even in my country at all (easily). Although it has helped me hang onto them and earn quite a bit over the years.
Same goes with my country. We are thankful Japan has started accepting bitcoins and it can be the start to make the range of bitcoin wider. Sooner or later, when many of the people in our countries are familiar with bitcoins, maybe some retailers and companies are already accepting bitcoin as payments.

Bitcoin is quite known in our country today but there are still no retailers,businesses and merchants accepts bitcoin as of now maybe they are still studying how to apply it as a payment method but I'm quite sure it will take years for our country to adapt bitcoins as mode of payment. What we usually do here is to sell our bitcoin to our local currency which is a bummer because the exchange rate is quite low. I hope sooner we can directly spend bitcoin anywhere.
hero member
Activity: 742
Merit: 500
October 19, 2017, 12:44:43 PM
Retailers face two problems in accepting bitcoin as payment.

1.Its volatile nature
2.Not being yet legalized by the governments.

Retailers find bitcoin volatility as the biggest issue in accepting bitcoin as payment.If a retailer accepts bitcoin for selling a product,then if the customer returns the same product after two days and if bitcoin price decreases,the customer would not agree to accept bitcoin back and if the bitcoin price increases,then retailer would not be ready to pay back the customer in bitcoin.

Retailers fear that if they accept bitcoin as payment and if one day,suddenly the government bans bitcoin,then all of their bitcoins would become worthless.That's why,around 250,000 retailers now accept bitcoin as payment immediately after japan legalized bitcoin there.
member
Activity: 230
Merit: 10
October 19, 2017, 09:50:19 AM
As in a quote the bitcoin's offline usage is found much over the western countries rather than the Asian countries. Un terms of user network Asian holds the increased users as well the increased mining operations.
full member
Activity: 406
Merit: 100
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October 19, 2017, 09:47:17 AM
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

In europe and  western countries many retail stores  are accepting bitcoin as payment an alternate to paper money ,but here in our country  i did not hears some retail outlet or stores accepting bitcoin as there payment,but soon maybe someday  all department stores  accept  bitcoin as payment when time government regulate the  world of crypto currency.
full member
Activity: 476
Merit: 100
October 17, 2017, 12:45:16 PM
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

bitcoin is still unknown to all the people on earth, we take a simple example if everyone on earth already knows the benefits of bitcoin then everyone wants to have bitcoin and receive bitcoin as legitimate payment, and automatically bitcoin will be more expensive because market demand which increases but the total supply is limited.
full member
Activity: 574
Merit: 100
October 17, 2017, 11:16:25 AM
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

all will receive bitcoin and do not include taxes when everyone knows how fortunate they are to make payments with bitcoin, unfortunately everyone still do not know about bitcoin technology, if everyone already know the true bitcoin transaction it will automatically receive a lot of bitcoin.
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