Topic: When will more retailers accept Bitcoin - page 6. (Read 17249 times)
It's great if retailers and other establishments will be accepting bitcoin because it will be more convenient for people to transact using bitcoin. Bitcoin made transactions easier and faster. Maybe when most people are already aware and retailers are all aware about the convenience of having bitcoin.
Yes, very soon, Bitcoin will start a tough retalers business. In our country, there is a little more beard than the administrative side against Bitcoin because of which everyone is trying to stay a bit safer. Moreover, Bitcoin prices are a little lower. When Bitcoin prices are little the same, retailer business will start buying Bitcoin. They are now afraid that buying Bitcoin again does not hurt. They do not want to take risks.
Or maybe they just don't realize the worth of bitcoin that is why maybe they don not accept bitcoins. But if they just only knew that if they start receiving bitcoin today, they will be more earnings for tomorrow.
Or that nothing can be sure with retailers and what they think and want to do. Probably what the most fear is price they dont know what will be price next day and maybe cuz of that they dont want to have anything with it also there is another think what if price go up the next day then we could say they regret it.
We need to give them time for this im sure eventually it will be good for all of us.
Yes, very soon, Bitcoin will start a tough retalers business. In our country, there is a little more beard than the administrative side against Bitcoin because of which everyone is trying to stay a bit safer. Moreover, Bitcoin prices are a little lower. When Bitcoin prices are little the same, retailer business will start buying Bitcoin. They are now afraid that buying Bitcoin again does not hurt. They do not want to take risks.
Or maybe they just don't realize the worth of bitcoin that is why maybe they don not accept bitcoins. But if they just only knew that if they start receiving bitcoin today, they will be more earnings for tomorrow.
I think more retailers will began accepting Bitcoin when governments are accepting of it. That way, retailers won't face a crackdown from the government if they implement Bitcoin payments.
In addition, retailers may be afraid of the mess happening with bitcoin price jumping one moment high another moment down. The volatility will cause many troubles if to use bitcoin as the means of payment.
they need more consistency (Bitcoin is by nature very volatile in price) and that must be nightmare of every retailer. Just imagine situation were retailer sells a pc for one btc (xxxx value) and then wakes up the next morning to discover the new btc price (e.g. 30% dip overnight). So it is new and dangerous zone for them. Thou some of them act as medieval merchants.
"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 retailers do not yet have the need to use bitcoin because of the high price of Bitcoin. If those retailers appear in underdeveloped or developing countries, they probably will not accept Bitcoin 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 a lot of retailers will finally accept bitcoin when bitcoin is legally accepted all over the world. Acceptance of retailers usually varies from the popularity of the certain product or services and how does it affect the market and the economy.
Depends on the government but I see most governments around the world do not accept bitcoin because bitcoin has some special features, that makes it great but it also makes the government unmanageable, and many people like to use bitcoin for illegal activities that have a big impact on the economy, and the government will not want that to happen, so they will not allow bitcoin to be legalized. I believe the retailers want to accept bitcoin because the value of bitcoin can increase over time, accumulate it more, they will get many benefits, but they could not overcome the barriers of government and law, that is a sad thing for them
Bitcoin price cannot be stable, if it is stable no one would invest in bitcoin. Most of the investors are buying bitcoin for profit and the price will move up and down. Even paper currency has price fluctuation and this is expected on all money involved transactions.
I think a lot of retailers will finally accept bitcoin when bitcoin is legally accepted all over the world. Acceptance of retailers usually varies from the popularity of the certain product or services and how does it affect the market and the economy.
"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.
Blockchain and Cryptocurrency is a technology that is developing and should be developed according to me, 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.
but to be used as a means of payment I think it is still very difficult we know the price of Bitcoin is still not stable,
although the last few days is very stable...
"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.
The number of retailers who accept Bitcoin is equal with the popularity and the trust in the digital coin. 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.
If we can solve as early as possible some problems involving transaction, we can attract more and more retailers to accept bitcoin as primary or secondary means of payment, hoping we can solve it as fast as possible this year
I think more retailers will began accepting Bitcoin when governments are accepting of it. That way, retailers won't face a crackdown from the government if they implement Bitcoin payments.
Probably one good reason they are still in no go for the moment. They dont now how will government react or will they add some additional paper work or tax or something new that see them fit. Many still considering adding crypto payment but still have fear and risk of doing so. Believe when the time comes for this many will activate this, also believe that they are testing this for the moment they see this fir for use.
It's sad to say but the volatility of btc is going to be a major hindrance to be accepted and not just that, the fees will also kill it's consumer. If only some devs fix it right away then what you want can happen right now.
Correct, the volatily is the major concept on making the retailers think before accepting bitcoin. Nowadays people are more knowledgeable on digital currency but that doesnt change the fact that investors or the retailers can accept btc as payments on their business. Plus the blockchain fee for every transactions is really high that investors think twice before they gamble their business to bitcoin. But the idea of having bitcoin as payments is a good news for the consumers and the bitcoin holders.
I think more retailers will began accepting Bitcoin when governments are accepting of it. That way, retailers won't face a crackdown from the government if they implement Bitcoin payments.
retailers can probably adopt btc for some goods, but i cant thing of full scale acceptance by big retailers. with such volatility working capital management will be a disaster i think
All these people thinking of when retailers will start accepting Bitcoin fully, isn’t it time you stop dreaming and learn to be reasonable for once? Bitcoin is mainly for investment, and not for buying and selling, except exchangers. Few retailers chose to use Bitcoin because they are into it, and you shouldn’t expect everyone to do the same… Cause even those accepting it don’t do much. This becoming a reality is not too far now. In UK and Japan some coffee shops use bitcoins as a term of payments so yeah its sooner than we think
the fact is not only U.K. Some clothes shops and coffe shop at USA is accepting Bitcoin too. Hard question But the answer is very simple and logical. While all countries will not legalize bitcoin, nothing will change. If a large country will begin to officially recognize and legalize bitcoin, then bitcoin acceptance around the world will begin. Many countries are afraid of risk, because the bitcoin we know is unstable and full of surprises in the form of money laundering and transfer without any identification. 
Just like here in our country where the bitcoin will soon be completely adapt by our government, with that one of the famous convenience store here in our country were transacting bitcoin that is why a lot of people has been curious on what bitcoin is and why there are lot of people are willing to buy for a couple of money just for it.
Hard question But the answer is very simple and logical. While all countries will not legalize bitcoin, nothing will change. If a large country will begin to officially recognize and legalize bitcoin, then bitcoin acceptance around the world will begin. Many countries are afraid of risk, because the bitcoin we know is unstable and full of surprises in the form of money laundering and transfer without any identification.
This becoming a reality is not too far now. In UK and Japan some coffee shops use bitcoins as a term of payments so yeah its sooner than we think
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