Why are we not pushing online merchant and services harder for Bitcoin adoption? - page 3.

GunsLair

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Quote from: timerland on April 29, 2019, 01:41:01 PM

I don't think mass emailing a merchant/store will really force something to happen. Especially when it won't really effect their bottom line. Why should big companies like ebay add bitcoin as a payment option? They are doing fine without it, and adding it as a new payment option won't increase income.

Businesses are run by profits. If you can prove that adding bitcoin would help increase profits, the merchant/company might think about adding it as a new payment option, otherwise, will never happen.

Moreover, no one can guarantee that after accepting bitcoins for payment, in this store will become a large number of buyers with cryptocurrency. Because this is what any business is seeking - an increase in the number of customers.

harizen

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For support ➡️ help.bc.game

Quote from: Kprawn on April 29, 2019, 12:43:59 PM

~snipped~

Even if we does, the company/merchant itself will not look into it as priority. Surely, it was already done in the past.

Disregarding volatility and fluctuations, most company doesn't really making crypto as big deal. They are focused more on improving their business, improving customer relations, enhancing their services etc. because that will give them more profits in the long run rather than to think on a virtual currency which is another thing. And besides, pointing to local merchants, if they sees big global merchants not considering crypto adoption then why should they follow.

But on the bright side, just give it time. Let the process flow without doing an aggressive act.

Bitcoin_Arena

copper member

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฿itcoin for all, All for ฿itcoin.

I think the major hurdles are
- Very high volatilty. Most businesses do not want to fall into a trap of making losses once the price deeps in no time
- Public is less senstised about the blockchain technology and bitcoin. Very few people now even just the basics about bitcoin.
Other technical aspects like setting up bitcoin wallets, making transactions etc keep the general population less interested in BTC

kurian

full member

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The main reason is the high volatility of Bitcoin and altcoins. At some point, we will regret making a purchase by paying BTC when the market starts to show an uptrend. The same goes for merchants. What if the rate goes down. This might incur a great loss for them. I like to see Bitcoin as a commodity.

timerland

hero member

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I don't think mass emailing a merchant/store will really force something to happen. Especially when it won't really effect their bottom line. Why should big companies like ebay add bitcoin as a payment option? They are doing fine without it, and adding it as a new payment option won't increase income.

Businesses are run by profits. If you can prove that adding bitcoin would help increase profits, the merchant/company might think about adding it as a new payment option, otherwise, will never happen.

Kprawn

legendary

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Merit: 1074

Quote from: mindrust on April 29, 2019, 01:14:31 PM

We shouldn't really boycott companies just because they don't accept bitcoin. Acting organized to make companies accept bitcoin isn't really a bright idea in my opinion. It may blow back to our faces.

Instead, as an individual, you should just prefer the companies which accept bitcoin over which doesn't.

I believe these things should develop in a more natural way rather than a "forced way".

I'll give you an example, I see shitloads of "xrpthestandard" fucktards on twitter. I already hate ripple and seeing thousands of them makes me hate ripple even more. Trying to force something down to someones throat is never a nice way of doing things. Especially when that someone already has negative opinions about that thing.

I am not saying advertisement is bad. Overdoing it is indeed bad however.

We do not need to force anyone to do anything, we merely show them that 1000s of people want to use their service or buy

their products with Bitcoin. I think it is better if 1000s of people ask simultaneously than 1 or 2 people asking occasionally.

Quote from: percy_tc on April 29, 2019, 01:23:49 PM

Companies should adopt Bitpay like services, and there are few who already do.

Payment processors will not help to increase Bitcoin adoption, it will however drain bitcoins from hoarders and also be

converted to fiat immediately after it reached the payment processor. Sad

We need direct Bitcoin payments without

third party payment processors leeching profits from fees.

mindrust

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Quote from: percy_tc on April 29, 2019, 01:23:49 PM

Companies should adopt Bitpay like services, and there are few who already do.

No.

Fuck Bitpay.

Bitpay is a centralized third party piece of shit which has many bugs.

If a company wants to accept bitcoin, it should use BTCpay instead.
https://btcpayserver.org/

You don't really need a third party to accept bitcoin. You don't really accept bitcoin by using bitpay at all. Bitpay isn't helping bitcoin. They are parasites.

All you need to do is, setting up your own BTCPay server and that's it. It works as smooth as bitpay. Actually it works a lot smoother.

percy_tc

full member

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Companies should adopt Bitpay like services, and there are few who already do.

OmegaStarScream

staff

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The reason why we're not pushing services is that people seem to be more focused on hodling to get rich and not using bitcoin.

I honestly don't think that the reason service doesn't accept it is because of volatility, especially lately, it's so stable.

If done, it has to be organized and unless this is started by someone famous within the community, it won't work because most of the people won't take it seriously.

mindrust

legendary

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Merit: 2442

We shouldn't really boycott companies just because they don't accept bitcoin. Acting organized to make companies accept bitcoin isn't really a bright idea in my opinion. It may blow back to our faces.

Instead, as an individual, you should just prefer the companies which accept bitcoin over which doesn't.

I believe these things should develop in a more natural way rather than a "forced way".

I'll give you an example, I see shitloads of "xrpthestandard" fucktards on twitter. I already hate ripple and seeing thousands of them makes me hate ripple even more. Trying to force something down to someones throat is never a nice way of doing things. Especially when that someone already has negative opinions about that thing.

I am not saying advertisement is bad. Overdoing it is indeed bad however.

Genemind

sr. member

Activity: 1596

Merit: 335

I get your point and there are actually groups who are pushing a lot of merchants even huge businesses and companies to adopt bitcoin but there are really lots of things to consider.
The votality of Bitcoin is one of the major reason why merchants couldn't choose it that easy. Some of them are afraid to take risks.
I guess if every country would adopt Bitcoin, good things and adoptions would follow.

mk4

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📟 t3rminal.xyz

I'm pretty sure that some people are suggesting other sites/companies to accept bitcoin already. But, they simply currently don't want bitcoin, and it's completely understandable in my opinion. Bitcoin's price volatility is most probably just going to be a huge hassle for them, to implement such a system, with such a small advantage for them as I'm pretty sure people paying with bitcoin will be a very very small minority.

Kprawn

legendary

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I watched the news last night and I saw how people were demanding better service and/or rights by acting collectively. They

might turn to drastic measures like boycotts or Strikes or even mass mailing complaints to accomplish their goals. We want

these services to start to take Bitcoin seriously, but we are not pushing hard enough. I think we should target one online

merchant and then mass email them collectively to ask them if they could consider accepting Bitcoin as a payment option. We

could switch merchants every other week to reach more merchants. Wink

Someone should just start a Poll to ask people what

merchant should be targeted first and then details should be posted about the contact details of their support to get things

started. I have been contacting some services individually, but it is not making any impact... I think if MANY people do this

collectively.. then companies will see that there are lots of demand for Bitcoin payments for their services or goods on their

platform. What do you think, would this work? Huh

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