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Topic: Will I be able to use Bitcoins at the mall in 2014??? (Read 9416 times)

sr. member
Activity: 308
Merit: 253
Everyone should keep sending stuff.
hero member
Activity: 574
Merit: 500
CoinBooster Rep
What if malls made their own cryptocurrency
newbie
Activity: 33
Merit: 0
It 's already possible to pay with bitcoins in some shops
newbie
Activity: 33
Merit: 0
Like a said there's no way a merchant will accept Altcoins, there's simply no added benefit of accepting dozens of different coins of the same kind, most aren't even compatible with each other.

There are merchants that accept alt coins, and there will be a lot more coming in 2015. Sure, it doesn't compare to the amount of Bitcoin merchants, but they're not trash if people are willing to trade with them.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
well, we sure hope so, that would be really great. Cool Cool
newbie
Activity: 28
Merit: 0
Now many big companies are starting accept bitcoin. So it's not so far that the world will accept it fully.I have really much confidence that soon bitcoin will be accepting in the malls.
sr. member
Activity: 434
Merit: 250
maybe they can make a kiosk where you can buy vouchers to all the stores. i doubt that will happen though.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
A big store in the mall is what Bitcoin really needs though.

Agreed, If we could get a store like Macys or Sears to except bitcoin I think others would follow. However I am not sure that with the confirmation times of bitcoin that this would be a feasible option for retailers.

I could easily see a store like Brookstone being the first to accept BTC.  Or heck who knows...maybe the Microsoft store will try to beat Apple to the punch and have their brick and mortar store accept BTC...
hero member
Activity: 574
Merit: 500
CoinBooster Rep
Doesn't this solely depend on the store itself?

Posted From bitcointalk.org Android App
sr. member
Activity: 252
Merit: 250
A big store in the mall is what Bitcoin really needs though.

Agreed, If we could get a store like Macys or Sears to except bitcoin I think others would follow. However I am not sure that with the confirmation times of bitcoin that this would be a feasible option for retailers.
sr. member
Activity: 308
Merit: 253
A big store in the mall is what Bitcoin really needs though.
sr. member
Activity: 266
Merit: 250
why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

Lol nothing I suppose, Overstock might've helped a bit, but basically nothing. I suppose if the Xapo debit cards actually come out, since they're supposed to soon, would increase public attention, but I'm not sure.
IIRC both overstock and disk accepting bitcoin both helped the price (it when up the day these were announced) and both generated a good amount of news by the MSM. I would say that overstock probably had the biggest impact as they were the first.
sr. member
Activity: 308
Merit: 253
I am sure in 2015 you will get to use it on more place  Wink

That is what I thought about 2014 in 2013 Sad
And there you have it: NewEgg, Expedia, Dish, just for naming some.

Oh, well that is good. But we need something that is in Strip malls.
full member
Activity: 224
Merit: 100
VocalPlatform.com
I am sure in 2015 you will get to use it on more place  Wink

That is what I thought about 2014 in 2013 Sad
And there you have it: NewEgg, Expedia, Dish, just for naming some.
legendary
Activity: 1302
Merit: 1007
why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

Lol nothing I suppose, Overstock might've helped a bit, but basically nothing. I suppose if the Xapo debit cards actually come out, since they're supposed to soon, would increase public attention, but I'm not sure.
Besides the email I received from them, I haven't seen any mentioning of Xapo anywhere. I doubt it would affect public's awareness of Bitcoin.
sr. member
Activity: 308
Merit: 253
Once Best Buy, Wal Mart, McDonalds etc accept it, then you will have something to go on.
sr. member
Activity: 308
Merit: 253
why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

There are not any major retailers that are in the public consciousness accepting BTC, so there is literally nothing to say that about.
hero member
Activity: 798
Merit: 1000
why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

Lol nothing I suppose, Overstock might've helped a bit, but basically nothing. I suppose if the Xapo debit cards actually come out, since they're supposed to soon, would increase public attention, but I'm not sure.
legendary
Activity: 2632
Merit: 1023
why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?
sr. member
Activity: 308
Merit: 253
Has anyone seen Bitcoins at stores yet?

Please add emails if you want us to send them out.

Selling bitcoins at stores is a recipe for disaster. If bitcoin were sold "digitally" at a store, as in you would give the store cash and the store would send the bitcoin to an address that you provide then you would have instances where near minimum wage clerks accidentally send the wrong amount or send it prior to confirming payment.

If stores were to sell "physical" bitcoin then it would be very difficult for scammers to somehow empty addresses without actually buying the bitcoin. They could do this by revealing the private keys, taking a picture then leaving the store then transferring the coin out of the address being sold. If the store were to sell something that somehow displayed private keys upon purchase of the bitcoin then the private keys would be vulnerable to an attacker watching the printer that the private key is printed on, taking a picture of the private key as it is printed, and stealing the coins from the customer.

No, I mean being accepted at stores.

And if they were going to sell them at stores it would be an ATM.
I wouldn't be surprised if there are a few stores throughout the country that will accept bitcoin. I think the mall would be a great place to place a bitcoin ATM - a lot of foot traffic, generally low crime, indoors.

Someone should definitely start putting them in malls. They have security and everything.
I think the only downside to putting a BTC ATM at the mall is rent. AFAIK rent at a mall tends to be much higher the elsewhere because of the amount of foot traffic in malls, as stores do not need customers to go to the mall to go to their specific store but rather to go shopping at the mall. As a BTC ATM would likely create a good amount of foot traffic, it would be plausible that a coffee shop may actually pay the BTC ATM owner for keeping it in their shop as it would generate additional customers and press.

The best way to do it would just be to find a store that would let you put it in their and ALSO create themselves a wallet and put a bitcoin sticker in their window, then you can get in to paying them in Bitcoin.
But the store already is paying someone else (the mall owner) a premium on their rent in order to generate a lot of foot traffic (from being in the mall) so they would not need a 2nd source of additional foot traffic. A Bitcoin sticker isn't something that a shop owner couldn't do themselves.

The ATM is something the store owner can't do themselves. The sticker is just to let the people know that they can exchange their money for coins. And you just have to pay the guy or lady rent (for the space) in Bitcoins.
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