When will more retailers accept Bitcoin - page 40.

The_prodigy

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Quote from: IdVerification on July 14, 2017, 10:57:35 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.

I think more retailers would be able to accept bitcoin when we have the technology to streamline the process as currently there are a lot of roadblocks when it comes to devices or technology as there is a very subtle but distict differences i. CAPabilities between retailers and I think that is the reason why bitcoin is still not widely accepted.

fanbeila

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More retailers would come forward to accept bitcoin payments only when it is centralized and when its volatility gets reduced.Legalization could also be announced by governments as it was announced in japan.But volatility could not be solved since bitcoin is a decentralized currency and its price either increases or decreases with variation in demand for bitcoins.So,volatility is its nature.

speedy963

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Quote from: SacriFries11 on July 15, 2017, 10:40:51 AM

Since bitcoin is not yet known by everybody so the number of people who has and earning bitcoin is still less than people who has cash. Well I think there will be more retailer that will accept bitcoin if they knew on how to deal with bitcoin and if almost all people use bitcoin instead of cash. If the retailers think they will also gain profit if they use bitcoin as exchange to their products or whatever they offer so maybe more retailers accepts bitcoin.

It is not that far if we will imagine that bitcoin will be accepted by local retailers or local merchants everywhere. As we see the current situation, developments throughout the system of bitcoin is highly focused non only by users but to other people. They believe that bitcoin will be worth the effort in the next few years, so each day had passed is still a development of it and it has still a lot to improve.

yugyug

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more and more retail stores and major companies accept bitcoin in japan , for kidding side because they believe that the real creator of bitcoin was japanase with a code name Mister Satoshi Nakamoto. Japanese are more patriotic than any other countries, with these they support the bitcoin system where created by unknown japanese identity.Bitcoin is widely known in an advance countries and also in other giant financial company because of the blockchain technology used by bitcoin. the only drawback with the bitcoin is that the processing of transaction from customer to merchant is not real time that's why some retail store is still doubtful about bitcoin.

madwica

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I think it will takes more year to happen when already adopted by government, government is the one would declare to all stores to accept bitcoin or it will be part of payment method this is only options by people what they want to used to buy something. Also bitcoin needs more stablity to happen thay.

Pleione527

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I wish more establishment in our country will also accept bitcoin like in japan..It's so nice to transact using your on-line wallet, very hassle free..If bitcoin will become a major crypto currency retailers and other store must adopt the market of bitcoin...maybe after 5 years more store will used bitcoin and it will become like a paper money I am looking forward for that day it will be more convenient to everyone of us...

matchi2011

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Quote from: Wesimon on August 03, 2017, 01:40:04 AM

There must be improvement on the transaction process in order to do that. It must be faster and a lot easier and on time. If that happens, it will be more convinient and less hassle. No need to bring cash. If Japan would lead this kind of market, maybe other countries would be inspired as well to do so.

If its a country like japan, it's likely they can make it work. Most first world and rich countries i think are already capable of supporting btc transactions on a larger scale. Businesses there won't have a hard time getting requirements to transact solely in btc. Though same can't be said for most countries that are not yet ready for mainstream btc transactions

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There must be improvement on the transaction process in order to do that. It must be faster and a lot easier and on time. If that happens, it will be more convinient and less hassle. No need to bring cash. If Japan would lead this kind of market, maybe other countries would be inspired as well to do so.

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Quote from: batang_bitcoin on August 02, 2017, 10:36:52 PM

When USA and other well known first world countries are going to announce that bitcoin is good for everyone. But however they have to put themselves on the neutral mode. I know retailers will accept bitcoin once they are convinced that it is going to make their business faster and will generate more profit.

Compared to the past years bitcoin has got a bigger adoption this year from retailers as well common people. When Japan announced its official acceptance the markets accepting bitcoin increased a lot and caused a big inflow and circulation of bitcoin. Same will continue when more countries take part into legalized use of bitcoin. I don't think USA needs to take part legally, because they'll try to take control over it.

iamlds08

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I think that bitcoin will accept more retailers in the market is when bitcoin will be popular in the people. It is when the local or foreign country accept bitcoin as payment. And when bitcoin accept as it as a legal payment. And the world announces it.

batang_bitcoin

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When USA and other well known first world countries are going to announce that bitcoin is good for everyone. But however they have to put themselves on the neutral mode. I know retailers will accept bitcoin once they are convinced that it is going to make their business faster and will generate more profit.

HasHe

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Just simple.Wherever bitcoin is legalized,retailers of that country would immediately start accepting bitcoin as payment.We have recently noticed this change in japan which legalized bitcoin.Soon south korea and india are also to legalize bitcoin.We could hope that all the retailers would star accepting bitcoins as payment after 2020.By that time,most of the countries would have legalized bitcoin.

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Quote from: zeze18 on July 15, 2017, 12:27:39 AM

Quote from: iamTom123 on July 14, 2017, 11:07:53 PM

Well, we have to thank Japan for really leading the way for the burgeoning adoption of Bitcoin down to many merchants or retailers. I am sure this can somehow make Bitcoin more popular as it can now be used to buy real-world products whether online or offline. It is now very convenient to pay Bitcoin because of the provided infrastructure.

As with the great USA, there seems to be a slower adoption of Bitcoin from merchants big and small. It can because of the still-lacking tax and legal framework to work with. We are having a wait and see attitude so far. Hopefully, in the coming months and years there would be an uptick in the merchants' attitude towards Bitcoin. Well, we are all hoping that soon Amazon and other big online retailers can facilitation the acceptance of Bitcoin.

There is no questions there are still many issues that e-commerce has to contend with in relation to Bitcoin. Many are showing apprehension with the currency's volatility which can definitely affect potential profits. Not to mention the reluctance of the government to fully recognize Bitcoin.

Probably in some developed countries legal bitcoin of course already available some services both store and other facilities that provide transactions both online and offline using bitcoin facilities, and maybe only time factor bitcoin will be a digital currency that can be used in various countries with various transaction services

Indeed. Because on some countries like Japan, they already have a foundation to operate and generate bitcoin because they do have a rich economy to support bitcoin's legalization in their country and a mass number of their citizens have already been using it ever since. It will be sure that if some of the various countries worldwide will legalizing bitcoin, and have a capacity to operate and generate it, it will be sure that many retailers among establishments will accept bitcoin as a term of payment and currency.

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Quote from: Shutup on July 21, 2017, 01:42:20 AM

Quote from: IdVerification on July 14, 2017, 10:57:35 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 when bitcoins declaires a currency to all over the world.Most of all when theres no taxes as japan stated above.Bitcoin will be the powerful electronic current.lt will control everything about currencies to every nation because bicoin will define as "quick process".

yes that is also right that when bitcoin will be legalized all over the world then it will be used by more of the retailers while there is also the chance that without their acceptance/legalization by the state, bitcoin will be accepted by more of the retailers and the situation is that when the price of bitcoin is more stable or in the continuous upward direction.

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Quote from: webcrypt on July 31, 2017, 11:57:04 AM

Quote from: Przemax on July 22, 2017, 02:03:26 PM

So to answer the topic, there should be a constant asks about, if such a payment in bitcoins are available, to make retailers aware about the customer base.

As a consumer just ask ? "Do you accept Bitcoin ?" Business will bend over backwards to collect money from consumers.

As a business owner I give discounts for bitcoins. I would love to take bitcoins.. The amount of people who have paid me with bitcoins=0 The amount of people that have ask if I accept bitcoins=0.

With 99% of people here saying bitcoins are an investment and only stupid people use them to buy stuff and that you should hold them forever to become a billionaire, what do you expect?

DaftAjax

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Quote from: Bezobraznike on July 21, 2017, 01:43:47 AM

More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

That's not quite right. You see, in order for you to have more profit you need to 'spend to earn'. If I'm going to elaborate it, you need something like a capital to be used as an investment. But there will be many factors that could affect your decisions, so you will take risks in hoping that you will earn more than of what you've spend. So basically what I'm saying is, its not wrong to spend what you've earn and spend it on things that you needed. So that anything is not just any-thing.

If you would analyze the economic change in specific time of events, sometimes investing in the long run is not that profitable as you're expecting it to be. Sometimes its much better if you could just spend it in valuable items that could help you improve. Because Sometimes saving doesn't always have positive outcomes.

webcrypt

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Quote from: Przemax on July 22, 2017, 02:03:26 PM

So to answer the topic, there should be a constant asks about, if such a payment in bitcoins are available, to make retailers aware about the customer base.

As a consumer just ask ? "Do you accept Bitcoin ?" Business will bend over backwards to collect money from consumers.

As a business owner I give discounts for bitcoins. I would love to take bitcoins.. The amount of people who have paid me with bitcoins=0 The amount of people that have ask if I accept bitcoins=0.

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Quote from: Armstand on July 31, 2017, 11:11:21 AM

Quote from: speem28 on July 31, 2017, 10:57:49 AM

Quote from: Bezobraznike on July 21, 2017, 01:43:47 AM

More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

It may be much better if there will be more retailers or bitcoin merchants first than to have many bicoin users. It will be faster that way, and the price of bitcoin will also get high because of these merchants. Imagine if there will be many bitcoin merchants that will emerge and at someway they will let the people know that they are accepting bitcoin, by doing that, many people will get curious as to what bitcoin is and why it is so popular. They will surely get interested in investing their money to bitcoin for sure.

It would be much better if bitcoin users make a business accepting btc for them to already knew its purpose and to have it known by many aince they can explain well how it works.

As a business owner i would really prefer first to know if there are lots of bitcoin users on my place on which i would able to implement to my business that i do accept bitcoin because i know that it would boost up my sales but still its possible to accept bitcoin even theres not much people on the place who knows bitcoin because curiosity would really comes next.

Armstand

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Quote from: speem28 on July 31, 2017, 10:57:49 AM

Quote from: Bezobraznike on July 21, 2017, 01:43:47 AM

More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

It may be much better if there will be more retailers or bitcoin merchants first than to have many bicoin users. It will be faster that way, and the price of bitcoin will also get high because of these merchants. Imagine if there will be many bitcoin merchants that will emerge and at someway they will let the people know that they are accepting bitcoin, by doing that, many people will get curious as to what bitcoin is and why it is so popular. They will surely get interested in investing their money to bitcoin for sure.

It would be much better if bitcoin users make a business accepting btc for them to already knew its purpose and to have it known by many aince they can explain well how it works.

speem28

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Quote from: Bezobraznike on July 21, 2017, 01:43:47 AM

More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

It may be much better if there will be more retailers or bitcoin merchants first than to have many bicoin users. It will be faster that way, and the price of bitcoin will also get high because of these merchants. Imagine if there will be many bitcoin merchants that will emerge and at someway they will let the people know that they are accepting bitcoin, by doing that, many people will get curious as to what bitcoin is and why it is so popular. They will surely get interested in investing their money to bitcoin for sure.

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