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Topic: Why BTC is not adapted into business?? - page 9. (Read 3314 times)

sr. member
Activity: 644
Merit: 250
August 20, 2018, 08:35:47 AM
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
Don't expect Bitcoin will have a massive adoption easily because there are many black propaganda that is being made and recycled to prevent bitcoin. Remember that bitcoin is a decentralized and no government will like it. They use mainstream media in their propaganda.
newbie
Activity: 266
Merit: 0
August 20, 2018, 03:57:09 AM
That is a major problem not only for Bitcoin but for the entire crypto world and not just Bitcoin but other currencies too have not adapted into businesses much even they claimed when launching that there specifically build to improve businesses as a currency and if this continues one day they might be useless to the world and it will be te end of cryptocurrencies   
member
Activity: 308
Merit: 11
August 17, 2018, 05:08:57 AM
I can't speak for others, but as a small business owner I am always happy to take bitcoin etc, trouble is none of my customers will pay me in it. One day soon with luck i may be in a position to offer a product that will be more accessible to the bitcoin community.
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
August 17, 2018, 04:35:54 AM
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
why not try to open business by yourself and adopt bitcoin for a first. business made to gain profit, i think some businessman know what is good and not for them. actually it is good for bitcoin if it can adopted by a lot of business. but some factor that you mention didn't help to gain profit for them.
this can be an interesting idea when opening a business and adopting bitcoin and successfully I think there will be lots of companies that imitate your company and maybe adopt bitcoin as payment.
member
Activity: 462
Merit: 10
August 17, 2018, 04:31:21 AM
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

i think many peoples still pessimistic about bitcoin. They dont believe or accept bitcoin as a currency.
Volatility is not the problem i think, because with volatility, you can even gain profit.
Maybe because some countries still banning btc, then the business cant accept it easily.
jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
August 16, 2018, 10:37:24 PM
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
Actually not all establishment could not adapt bistcoin because relatively there are few of the establishment already accepting bitcoin and involving there business on the bitcoin system. Aside from that bitcoin does relatively adapted especially in the world of digital currency from local exchange, bitcoin as medium of exchange when you invest in an ICO project and to bitcoin mining. This is the businesss that BTC is really adapted and we should not ask for more because it will just create conflict among centralized form of system.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
August 16, 2018, 10:31:11 PM
because BTC has not been regulated by an agency, which is certainly dangerous for some people
the legality of BTC is still questionable, whereas in business, the most important thing is security
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
August 16, 2018, 09:57:45 PM
because BTC is very good and more trendy, even can make our transactions easier and safer.

there are a lot of things that hinder bitcoin, and being difficult to dominate for every business transaction, and you are right that volatility is part of the problem.

and volatility will be a little stable, if the world has regulations about bitcoin. and it will be easily controlled.
newbie
Activity: 112
Merit: 0
August 16, 2018, 09:48:39 PM
Sharp fluctuations in exchange rates can cause significant income and large losses. Nobody needs this. Therefore at this time there is a problem like that. Maybe BTC regulation will solve this problem. Because of the fact that BTC is not regulated by anyone. Business requires a stable course.
newbie
Activity: 100
Merit: 0
August 16, 2018, 09:42:22 PM
There is no problem with Bitcoin in this matter it is a problem with the Business people and the world not willing to use Bitcoin in there business still except online retail sites and other but this situation is changing at the moment   
full member
Activity: 602
Merit: 100
August 14, 2018, 08:18:24 AM
Bitcoin is gradually beginning to be used by large companies that are not afraid of technology. So I would not say that he has not adapted to the business. You just need to know how to use it properly.
newbie
Activity: 154
Merit: 0
August 14, 2018, 03:56:55 AM
Bitcoin has already existed into online business perhaps there is a lot of master debit card made of bitcoins that used to transact online
jr. member
Activity: 196
Merit: 1
August 14, 2018, 03:26:43 AM
It is adapting into businesses but in a slow rate than the world and community anticipated but there is a considerable increase in that which is why we see many online sites and retail shops are now proving Bitcoin payment options as an additional facility to customers in order to attract more customers and make more profits in the process 
newbie
Activity: 168
Merit: 0
August 13, 2018, 09:48:05 PM
The most appropriate bitcoin is trading because of its precious characteristics as it can circulate and pay that makes it valuable and a great place to trade or trade busines
newbie
Activity: 70
Merit: 0
August 13, 2018, 09:42:15 PM
a lot of companies and shop accepting bitcoins, Because they help us to Upgrade the business and bitcoin help us to have a successful life, especially in businessman, Bitcoin gave us a nice profit, help to gain profit for us.
newbie
Activity: 121
Merit: 0
August 13, 2018, 09:34:26 PM
Bitcoin haven't yet adapted into businesses because the lack of knowledge about Bitcoin who are in the business and financial world and due to the current price variations most people are afraid to combine there business with Bitcoin and block chain related businesses 
member
Activity: 348
Merit: 10
August 13, 2018, 12:47:12 AM
I dont know why but i only know is many people used it for investment and absolutely they are gaining ,like i do now i already have investment on it and wait for the right time to sell.

As far as i know they are already accepted in some other business in other countries but not all business. But atleast it is a good start for bitcoin in terms of payments.
jr. member
Activity: 434
Merit: 9
August 13, 2018, 12:47:00 AM
the reason not many business accepting bitcoin is because of value of bitcoin is volatile, mining fee when sending btc is not cheap and it takes time to receive bitcoin l. If you're a business with high volume of customer, it will be a hindrance for giving fast service if transacting with bitcoin. So I believe if some business like to try and accept bitcoin there's still a lot of factor to consider and many find it not a wise business strategy.
jr. member
Activity: 148
Merit: 4
A Blockchain Mobile Operator With Token Rewards
August 13, 2018, 12:34:46 AM
I dont know why but i only know is many people used it for investment and absolutely they are gaining ,like i do now i already have investment on it and wait for the right time to sell.
jr. member
Activity: 714
Merit: 1
August 13, 2018, 12:19:12 AM
This is due to the fact that the BTC is not regulated by anyone. Business needs a stable course. Since sharp fluctuations in the exchange rate can lead to both a significant income and to large losses. Nobody needs this. Therefore at the moment there are such problems. Perhaps the regulation of the BTC will solve this problem.
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