When will more retailers accept Bitcoin - page 38.

stompix

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Quote from: Webetcoins on August 13, 2017, 08:04:25 AM

Quote from: kafeelniazi on August 12, 2017, 12:50:35 PM

very soon retailer start accepting bitcoin and from this day bitcoin holders have some new concept of life, they rule over markets and they get every thing they want because bitcoin will $10000 at that time and if you have 10 bitcoin then you can buy your dream car.

yeah when bitcoin start running in our markets then the most benefited personalities are bitcoin holders, and I wish I could be one of them, let me tell you few good news, a car company named Lamborghini start accepting bitcoin, isn’t that good? I mean it’s just a start of bitcoin and a very successful company start accepting it, well this will also make retailers to accept bitcoins.

Those are news? Those are news that old they look from the other century.
Goat bough a Lamborghini with coins in 2013, via bitpay check his thread.
https://bitcointalksearch.org/topic/official-lamborghini-for-bitcoin-thread-378936 (please don't bump it)

Technically it isn't Lamborghini selling it as they don't sell the cars directly but it still counts.
There are already plenty of places where you could spend your coins but it's people who are avoiding spending them and holding to them like an African badger.

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Quote from: IdVerification on July 14, 2017, 09:57:35 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.

This is a smart policy of the Japanese government to spread Bitcoin across the country. No tax on Bitcoin, hundreds of thousands of stores in Japan accept payment for it, many customers will use it, like credit cards. In the United States, is the government really accepting it as a real currency? Or they are still holding back the development of Bitcoin. All choice is in the government.

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Quote from: IdVerification on July 14, 2017, 09:57:35 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.

There'll only be more retailers to accept Bitcoin as a mode of payment if it will be legalized to most of the countries. And we're close to that. The demand in Bitcoin is continuous. It will positively affect Bitcoin Community and Bitcoin itself. If Bitcoin will be legal to a certain country, retailers will be forced or will have an option to accept it as a payment since it is legal. But for now, countries where Bitcoin is legal, has more retailers that accepts Bitcoin.

Webetcoins

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Quote from: kafeelniazi on August 12, 2017, 12:50:35 PM

very soon retailer start accepting bitcoin and from this day bitcoin holders have some new concept of life, they rule over markets and they get every thing they want because bitcoin will $10000 at that time and if you have 10 bitcoin then you can buy your dream car.

yeah when bitcoin start running in our markets then the most benefited personalities are bitcoin holders, and I wish I could be one of them, let me tell you few good news, a car company named Lamborghini start accepting bitcoin, isn’t that good? I mean it’s just a start of bitcoin and a very successful company start accepting it, well this will also make retailers to accept bitcoins.

Babyrica0226

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Quote from: jc89 on July 15, 2017, 02:24:35 AM

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.

Well, I guess this is the right for the retailers to accept bitcoin to their business. Because, its almost 4000$ now. More investors are coming now unto it, and the demand of the users are getting fast got higher.

RedditMaster

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When will more retailers accept Bitcoin?

Easy. Every single day. I guarantee every day there is a new website or retailer around the world that accepts Bitcoin. Tongue

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Quote from: Ayiranorea on August 10, 2017, 01:16:14 AM

Quote from: Shenzou on August 09, 2017, 07:07:40 PM

Quote from: valisa on August 09, 2017, 07:05:17 PM

When more retailers will receive Bitcoin, I think it's just a matter of time, because the more bitcoin the more it uses, the possibility of bitcoin will continue to grow and the price will be more expensive Wink

I agree, bitcoin has already made a huge impact on the internet and the news of it rising up has been the talk of forums and blogs and videos, and i think that the more poeple will join in the soooner it will become widly accepted.

Wide acceptance of bitcoin is found to some extent. This will increase when more people start using bitcoin directly for different purposes starting from purchasing. More retailers start accepting when the people start using it for purchasing in large scale. In the past some retailers started accepting bitcoin and stopped the service all of a sudden, because they didn't gained big through it.

Yes. The increased usage of bitcoins for buying goods, paying off bills etc will push their common use which will ultimately make retailers accept bitcoins as payments. Just like new traders, those retailers also got panicked and gave up on their bitcoins. They must be regretting their decisions now.

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very soon retailer start accepting bitcoin and from this day bitcoin holders have some new concept of life, they rule over markets and they get every thing they want because bitcoin will $10000 at that time and if you have 10 bitcoin then you can buy your dream car.

stompix

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Quote from: RodeoX on August 11, 2017, 01:48:40 PM

I keep hearing about "legalization" of bitcoin. Huh

Where is it that you think bitcoin is illegal?

Is chocolate eating legal or illegal?

)))

Quote from: Kronos21 on August 12, 2017, 08:48:39 AM

I think the problem is not that the sellers are not willing to accept bitcoins, but the problem is that buyers do not want to spend their bitcoins. Everyone is trying to keep the coins in your wallet and earn on the price increase.

Oh , finally somebody nailed it.
Before we could even start talking about segwit being activated I told a lot of guys, 300k retailers accepting bitcoin but... only 300k transactions a day and the chain is full.
So at best each shop would get 1 customer a day paying with BTC , if we only talk about Japan and the rest of the world stops using it.

And people will not use it for shopping. Not in an overwhelming proportion.
Probably 99% are waiting for the price to reach 4k then 5k then 6k...forget daily shopping.
We will see this only when the % increase will be negligible.

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Quote from: CrewKitten on August 10, 2017, 01:06:14 AM

As Bitcoin becomes more popular more retailers will accept it naturally as they can make money by doing so but right now most retailers do not accept because most people don't have Bitcoin so really it depends and mostly online for online purchases these days but some retailers do accept it.

Yes you are right nowadays many retailers do not accept bitcoin because the user's of bitcoin is limited and many people have no bitcoin, but nowadays bitcoin goes to popularity and everyone want to wish to use it and when bitcoin will become to more popular every retailers would be accept bitcoin with willingness because this time bitcoin will be very precious.

aardvark15

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Quote from: geegaw on August 09, 2017, 09:17:23 AM

Quote from: HasHe on August 09, 2017, 06:02:21 AM

Only when bitcoin is legalized,more retailers would come forward to accept bitcoin payments.For example,just before few days we saw that bitcoin got legalized in japan and immediately lots of traders started accepting bitcoin as payment which lead to increase in demand for bitcoins resulting in increase in its price.Alsowhen bitcoin becomes more stable,retailers would start accepting bitcoins.

Yes i see japan is the leading country in accepting Bitcoin and use it to pay the costs of electricity and water. That also proves that if want the whole retailer to accept bitcoin, the government of that country must accept bitcoin, Bitcoins need to be legalized for circulation and widely accepted. At present bitcoin is still not so popular and does not get the trust of users and retailers, it needs the support from the government

Either customers will need to demand that retailers accept Bitcoin, or the government would need to embrace it more like Japan's has. I don't think the US government will allow tax free Bitcoin transactions. If customers of stores would ask if they accept Bitcoins as payment, some stores may begin to check in to accepting it to satisfy the customers.

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Quote from: IdVerification on July 14, 2017, 09:57:35 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.

Retailers will accept Bitcoin as a currency if it is legal in your country. If there'll be more people to use and invest in Bitcoin, it is possible that more countries like North Korea, will make it legal as a currency. Maybe, if the price of Bitcoin will be less volatile, more countries will make it legal. The value of Bitcoin dependa on the market's demand, and if the demand is high, the price will be less volatile. If it's less volatile, there is a chance that it will be legal to most of the countries. If it is legal, more retailers will accept it as a payment.

Kronos21

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I think the problem is not that the sellers are not willing to accept bitcoins, but the problem is that buyers do not want to spend their bitcoins. Everyone is trying to keep the coins in your wallet and earn on the price increase.

richminded

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Quote from: CrewKitten on August 10, 2017, 01:06:14 AM

As Bitcoin becomes more popular more retailers will accept it naturally as they can make money by doing so but right now most retailers do not accept because most people don't have Bitcoin so really it depends and mostly online for online purchases these days but some retailers do accept it.

yeah more retailers will accept bitcoin as mode of payment when they see the huge number of people who use bitcoin, and in my view this thing will happen soon bitcoin will continue to soar high and more people will get involve into it for sure. So it takes time but im sure we will achieve that goal.

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Quote from: azguard on August 11, 2017, 02:37:58 PM

Quote from: RodeoX on August 11, 2017, 01:48:40 PM

I keep hearing about "legalization" of bitcoin. Huh

Where is it that you think bitcoin is illegal?

For this is mainly think when they laundry money over bitcoin or some other crypto. Second there were even talks about it in 2015 when this was mainly questioned but that is now past tense. Legalization is something like Japan done it, they accepted it in every day trade and purchase and this is something that need to progress for all countries and to get global scale.

I guess I get that. But most places, like here in the US it can be used for whatever trading you like. It is legal to use tennis shoes as money if you want. Illegal is very different and I am not sure if there is any place where it is illegal.

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Quote from: RodeoX on August 11, 2017, 01:48:40 PM

I keep hearing about "legalization" of bitcoin. Huh

Where is it that you think bitcoin is illegal?

For this is mainly think when they laundry money over bitcoin or some other crypto. Second there were even talks about it in 2015 when this was mainly questioned but that is now past tense. Legalization is something like Japan done it, they accepted it in every day trade and purchase and this is something that need to progress for all countries and to get global scale.

RodeoX

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The revolution will be monetized!

I keep hearing about "legalization" of bitcoin. Huh

Where is it that you think bitcoin is illegal?

futuret

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Quote from: Ayiranorea on August 10, 2017, 01:16:14 AM

Quote from: Shenzou on August 09, 2017, 07:07:40 PM

Quote from: valisa on August 09, 2017, 07:05:17 PM

When more retailers will receive Bitcoin, I think it's just a matter of time, because the more bitcoin the more it uses, the possibility of bitcoin will continue to grow and the price will be more expensive Wink

I agree, bitcoin has already made a huge impact on the internet and the news of it rising up has been the talk of forums and blogs and videos, and i think that the more poeple will join in the soooner it will become widly accepted.

Wide acceptance of bitcoin is found to some extent. This will increase when more people start using bitcoin directly for different purposes starting from purchasing. More retailers start accepting when the people start using it for purchasing in large scale. In the past some retailers started accepting bitcoin and stopped the service all of a sudden, because they didn't gained big through it.

yeah it is right bitcoin is being more popular because the users of the bitcoin are increasing in number a lot of people are now trusting bitcoin and I think bitcoin will be accepted in more and more businesses because it is more easy to use than the fiat money . At the use of the bitcoin you do not need to meet the receiver but top pay the fiat you will have to travel alt or may be city to city and bitcoin can be paid online so it is a kind of relaxation in bitcoin and it makes the bitcoin to be acceptable easily.

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Quote from: Shenzou on August 09, 2017, 07:07:40 PM

Quote from: valisa on August 09, 2017, 07:05:17 PM

When more retailers will receive Bitcoin, I think it's just a matter of time, because the more bitcoin the more it uses, the possibility of bitcoin will continue to grow and the price will be more expensive Wink

I agree, bitcoin has already made a huge impact on the internet and the news of it rising up has been the talk of forums and blogs and videos, and i think that the more poeple will join in the soooner it will become widly accepted.

Wide acceptance of bitcoin is found to some extent. This will increase when more people start using bitcoin directly for different purposes starting from purchasing. More retailers start accepting when the people start using it for purchasing in large scale. In the past some retailers started accepting bitcoin and stopped the service all of a sudden, because they didn't gained big through it.

Dart18

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Japan yes. But what is the truth?
There are not much of stores that accepts it and it is a difficult task to achieve. Even if the price looks so inviting there is doubt about the fluctuations.
They want a price that is stable and it will be hard to deal with bitcoin and customers using it.
Even by focusing on how it will work, it is scary that you might even lose your business if everything goes down.

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