Bitcoin Forum

Well known international restaurant franchise Pizza Hut has started accepting payment via cryptocurrency in Venezuela, South America.  As of now they are accepting Bitcoin, Dash and XPT (CryptoBuyer's * coin).  Soon they will accept more alts.  Which is a great news for all cryptocurrency lovers.  For this reason my personal target for bitcoin on 2021 will be $ 25k at least.  What about yours?


 * CryptoBuyer is a Panama-based company that provides cryptocurrency ATM services.

This is good and a bit old news but yes I also think $25k BTC is possible in 2021. Pizzahut accepting bitcoins won't be the only responsible factor pushing Bitcoin to $25k. It will be the entry phase of investment firms and institutions out of which investment firms have already started investing certain percentage of their funds into Bitcoin. Let's hope for the best in 2021.

After Pizza Hut I think other places like MCD or KFC will do the same. This is really good news. And of course it will increase the Bitcoin price. I believe Bitcoin will be able to go beyond $ 20k. And hopefully more and more other places will implement something similar like this.

If MCD and KFC follows the same, it is gonna be very interesting man! Even if does not attract payment by a large volume, but at least they will be at the front of educating people about cryptocurrency on a large scale.

Any news that involves btc being used as a payment option is always a great news because it shows more interest are coming into btc,
Especially to see big names like pizza hut accepting btc as a payment option in one of their franchise, thats a positive step indeed.

this is good news for crypto world, because mas adoptions is on its way
slow but sure, a lot of company will accepting crypto as payment my friend
by the way, would you like to add the link to this news ? so people can read the real article

amazing, this is a good progress for Bitcoin and cryptocurrency, because I believe with pizza hut that can accept payments using Bitcoin, then this will allow many other companies to also start accepting payments using Bitcoin or cryptocurrency in the future and of course I'm sure if the price of Bitcoin can increase $25k in 2021 as you predict or even the price could increase beyond that, so now is a great opportunity to buy more Bitcoin for a long term investment.

BTC already moving towards mass adoption at the moment smart money getting involve diving in it so other players are also buying to enter into safe heaven. We have so many goods in these days which indicating the future will be so bright than anybody think.

Ever since PayPal make the announcement of accepting btc in their service, it has open more opportunities for others to come in, glade to hear about pizza hut franchise accepting btc, it is definitely a positive news to btc and crypto in general.

Actually this topic has to be created in bitcoin discussion group well that's okay and I am happy to hear this as one of the big chain business franchise has accepted BTC as payment system also Venezuelan country is very supportive for crypto currency especially on BTC also they are focusing on petro on their own countries Crypto coin which is not much familiar but still they are working hard on this and BTCs dominance is remarkable day by day and these signs shown the popularity of the coin.

If this great news will still be followed by another good news this year, bitcoin is definitely heading into its mass adoption and its price will surely reach another heights. Big stores like Pizza Hut are well established already all over the world and if they start to accept cryptocurrency as payment, then we will not be surprise by next days or months, another big stores are starting to accept bitcoin too. I guess more surprises and great news are waiting for bitcoin and even altcoins by next year.

It is a great news but I think it already had been posted in the Bitcoin Section.
And it could really give us a good lift since they would attract more people,
It is a win win situation they are using crypto to gain attention while promoting crypto.
I wouldn't be surprise if there would be more to come since people would talk about it when something accepts crypto as a payment option they would be advertised freely because of it.

Your bitcoin price target for 2021 is way to small in my opinion. Just wait and see if the market gets some good volume in and momentum we will see btc hitting 25k in no time and that can easily happen before this year ends.

Altho it sounds like a big deal, it's Venezuela. It's an unstable country, so they will accept shiny pebbles there as well, because fiat has been devalued so much.
Yes, Pizza Hut is a global business, but unless we see this expand to non-critical countries, i remain "meh" to this news

That is one of the good news for bitcoin, in my country there are also those that accept crypto payments but some not much, I really hope that in the future it will be even more advanced, I also hope that in 2021 bitcoin will reach $ 30000.  I hope that is achieved, looking at the current price movements of bitcoin I am sure bitcoin will reach $ 25000 in the near future,

I habe huge doubts, that Pizza Hut acceptance of Bitcoin would push the price to +20k. This is not a global acceptance of cryptocurrency and Pizza Hut is not the biggest corporation in the World.
To counter it, I could say that there are a lot of issues with PayPal and Bitcoin right now and this could drag the price down.

Its a really great news for every crypto trader and invester. Because of this i think btc will be got little sprint because Pizza Hut is a world wide resturent.
It will be more greatful for us if Macdonald and KFC accept bitcoin and more alt coin like ETH.

This is good news for everyone including investors, traders and maximalist. Adoption above everything, if the traction will continue at this rate, kraken exchange prediction of Bitcoin to $30k isn't far from truth. Many will fomo and this will make bitcoin to break all time high, Ethereum may reach $1k  8) 8) 8) but the fee though.
Nobody is saying anything about DeFi adoption, all we have seen so far is lending, borrowing, staking with high yield APR which most of the time died as the project progress. :'(

It will not it required a government acceptance before it can help the price up. Accepting crypto currency payment for business is not new so it will not have big affect even it will be released in crypto currency news article ,unless they have more customers that willing to use crypto currency in their daily buying a foods . Which is not possible since more of them will choose fiat currency for payment and only few people will tried to use crypto currency as payment because of required fee asked by the network for every transaction.

It is decent news but nothing that is going to shake the market or even move it a dollar in my opinion, however we must celebrate any instance in which bitcoin becomes more widely adopted, and in the case of Venezuela that is going through such difficult times many people are using cryptocurrencies to live day to day and benefit from them, so this is good news for them especially if they are able to earn cryptocurrencies or if their loved ones have chosen to send cryptocurrencies to them.

This is the type of good news that we need to hear during this time. Lots of countries and businesses are now accepting cryptocurrency which will surely affect the reputation of cryptocurrency positively.
In our country, our local online shops are now accepting cryptocurrency particularly Bitcoin and Ethereum which I think is more convenient especially for most users here.
I believe that huge and popular companies would also accept more cryptos in the future.

these are things i thought would happen decades from now but it already started. if it weren't because of the pandemic, there could be a slow adoption. we may have no idea what this XPT for now but they are also helping the adoption process to take place faster.

for mcd and kfc, they are big company with lots of franchise stores. it really will be a sudden change if the two begins to accept BTC.

I never expect that some merchants would accept alts for an item. I suppose crypto adoption we're all waiting for is slowly being a step forward.
I kinda remember that some merchants accept Bitcoin already in pizza before and that was quite a trend in the Bitcoin Board here back in 2018.

This isn't good news to me. We all know Venezuela is in trouble when their currency is inflationing up to a hundred thousand percent. The majority of their people now have to use Crypto or the dollar as a means of payment, so the fact that Bitcoin and top altcoins are used in the payment method is nothing special.
Right now, I'm just expecting major countries in the world such as the US, Japan, and Mexico to use Bitcoin, which is really good news for Bitcoin holders.

I not expecting the price to rally simply because a food chain started allowing bitcoin or cryptocurrency, in fact if it was a investment firm offering their investors to hold the coin then it is a different story  ;). I am a bit surprised if they started accepting Dash and this would be the first physical store that accepts a privacy coin as i have not heard about any other physical markets accepting privacy coins.

Cryptocurrency is actually going viral I must say and it's the currency of the future so I will advise everyone to actually look into it so as to make the best now it's not yet viral. This is blockchain and also the future currency . Soon bitcoin might be too expensive for people to buy including Ethereum a d some other coins. I see more adoptions coming forth.

I'll sell at any price and will also do the same as you in $25k. But I don't think that I'll sell all what I've got by that price. Bitcoin is the future and there's more into it if you watch and read the news. The massive interest the institutions are showing just lately is making rounds on the web.

If you will sell at that price, make sure that you won't regret selling at that amount. I'm happy if it gets there the soonest and would get my profit but it's not the end of my bitcoin journey.

As far as I know Valenzuela citizens started bitcoin adoption for some years now as a solution to their economic crisis. Valenzuela's own currency is in its worst situation because of the hyperinflation on their currency. Businesses would likely adapt to the situation by accepting the solution of the citizens which is using bitcoin and other cryptocurrencies. I don't know if that certain food chain branch will make bitcoin go to the moon but the country adoption would make a change.

It's caused by Venezuela's currency is not having value. That's why they have tried to use bitcoin as the best option, The Venezuelans are relying upon bitcoin right now. The crypto is the only way for them all to fulfil all of their daily needs. Crypto can be exchanged to the fiat value especially USD. They have no choice rather than use USD as the best option for their fiat currency. I didn't think that will bring bitcoin into the massive adoption.

There's no doubt that more organisations would be accepting bitcoin as time goes on, people are beginning to see the importance of holding some of their capital in Bitcoin and taking advantage of the cryptocurrency market fluctuations. I was personally thrilled when I found that the cryptocurrency industry was getting much attention from the society and that implies that the dream of mass adoption is getting closer.

I heard on the news that the currency in Venezuela is not accepted because of inflation, so they use another medium of exchange as payment, this is the time for bitcoin to become a means of payment because it is far from inflation, I hope other countries will follow Venezuela's footsteps to turn bitcoin into a means of payment and not just fiat only

Crytocurrency is beginning to gain more acceptance in offline organisation and that's something great. The more acceptance crypto gets the more people are aware of its existence. I remember going to a mall where it was written, "bitcoin is accepted here". This made several persons enquiry about bitcoin and this could translate into a wider crypto community.

I hope other countries can emulate Venezuela’s measures to adopt cryptocurrencies in a variety of mass interests around the world.
In South America, there are already many restaurants or merchants that accept crypto as a means of payment and this has been the case for a long time.
But to implement it in any country in the world seems to be difficult because it relates to government regulation.
But this news will trigger more positive news about crypto. This will have a good impact on the value of bitcoin. It’s possible that bitcoin in 2021 could reach $25 as you think. It could even be more than that, if a lot of positive sentiments from many countries.

This is a very great news because it will definitely open many opportunities to other altcoins to get more attractions. Also, this event can be part of bitcoins chances to climb and pump in reaching its new ATH within next year.

No wonder if some fast food restaurants like Venezuela, America they can accept Bitcoin as the main payment that they make today.

News about it already mentions here: Pizza Hut Now Accepts Bitcoin Payments in Venezuela (https://www.newsbreak.com/news/2114940431308/pizza-hut-now-accepts-bitcoin-payments-in-venezuel)

---

If you look at the list here you will find more such as: dialers, restaurants, cinemas and many others as below. (payment using Bitcoin).

250+ Places That Accept Bitcoin Payment (Online and Physical Companies) (https://icoholder.com/blog/places-accept-bitcoin/)

https://zizihub.com/1b4f10.jpg

That's indeed great news, i wish all establishments, mall, restaurants everything will accept bitcoin as payment mode. This just proves crypto adoption is increasing and using bitcoin as worldwide payment option can be a reality.

Venezuela is a country that supports Bitcoin, So it should come as no surprise to know that the Pizza Hut restaurant
there accepts cryptocurrency payments. I would like to see Pizza Hut all over the country accepting cryptocurrency
payments, even if it is impossible for that to happen.

Because there will always be countries that prohibit using cryptocurrency as payment. Regarding your prediction of
the price of Bitcoin in 2021, I agree that Bitcoin will hit a price of $ 25,000. So please collect as much Bitcoin according
to our respective abilities.

It will happen in the future. We will see the mall, restaurants, and local stores accepting bitcoin as the payment mode besides fiat, debit or credit card. But before we see it, maybe we need to be patient for more, and we can prepare ourselves for the coming of the next update. If bitcoin can get adoptions from other countries, and many people start to use bitcoin, that will make the business owner realize the potential of bitcoin to be the payment system. It will need more time to use bitcoin as a payment system because they need to learn details before using it in their stores.

How could I not agree it's a moderate prediction, compared to other who predicted $50k to $100k  in 2021 without coming up a good data to show just a feeling that it would, that news coming from Venezuela is great news for those living in Venezuela and will increase awareness on Venezuelan and neighboring countries.

It is very difficult indeed if all countries have to adopt bitcoin, each country has different regulations, has different governance, and also has a different culture.
I never expected too high, I think for now the big countries can accept bitcoin is a good progress, and the next will be followed by other countries, it's only a matter of time until bitcoin is accepted as a means of payment.
The value of bitcoin will certainly have an impact because of mass adoption, the more demand for bitcoin, the higher its value in the future.

Yeah right, once this payment process adopts by big businesses.

Expect to see more company to start working on it and embrace it, this is indeed a good news to everyone who understand this chain
and already inside this market, the more adotions the more value that this coin will increase, more money for everyone who support
this system.

yes, over time I also believe that some countries will do the same as the country of Venezuela. with this news will certainly affect the price and adoption of bitcoin. and you are also a wise investor because you already have a target for profit, I believe Bitcoin can reach $ 25k one day.

I'm sure you quoted the post from the following article https://www.coindesk.com/venezuela-pizza-hut-bitcoin-dash
Bitcoin acceptance in Venezuela is not without reason but fiat in the country is very weak due to hyperinflation, but at least it is still big news because it is estimated that bitcoin adoption in the country will be very high.

It is like people are slowly accepting bitcoin as well as crypto, i think next time there will be more big and better news about this market, i think the governments of many countries will announce in the near future. I accept crypto and I believe this will be the basis for more people to get to know this market.

I wasn't surprised because pizza and bitcoin had a deep love story ,I think  is a great news bitcoin will be more en masse adopted in their country ,not only great news as well but it will be very very good news ,when the world's people want bitcoin it will be more valuable and worthy of old age slowly and skyrocket that is characteristic of bitcoin that everyone supports but 25K is still early assumption

Media doesn't care about what is true instead they will right article for what is trending so Don't rely on News because those are propaganda.
Instead focus on the Crypto market and news from Them directly because surely everything happening good will be proudly broadcast.

And about the Government accepting Bitcoin?well am not sure because we knew what will be the effect on them as the decentralization is not favor on how they handled their Government fundings.

That is good news, I am very confident about the potential of Bitcoin in the future, bitcoin is the first virtual currency that will be able to dominate the world in the future, there are also altcoins that will try to follow the bitcoin way, just to appear for now.

Of course, good news, but this year there was already better news that will really help bitcoin and the cryptocurrency sphere now develop and become more popular much faster and I hope that more and more different companies and different areas will start using bitcoin and other cryptocurrencies.

Yes, good news future for bitcoin. Because,
Nigeria is establishing a framework for widescale crypto adoption. Africa’s largest economy has become a bastion for crypto adoption. Russian prime minister proposes legal steps to bring order to crypto market. Also says proposed recognizing crypto as property under the nation’s tax code. Last week again Greyscale bought 7300+ #Bitcoin. Also says Samson Mow Bitcoin moves $500K around the globe every second. Those who did not believe in Bitcoin are now believing in Bitcoin. So the future of Bitcoin looks very bright.

When you consider the fact that there are nations where their nation currency is a lot worse option to accept than crypto, it makes sense to offer that as an option.

Doesn't mean people will accept it and use that mainly, but we are talking about nations where you have to bring 5 kilos (and yes you calculate it with kilos instead of actual numbers) of paper money to buy one margarita pizza. That is really not something one would be after, it doesn't make sense at all to accept that as payment if you are a global power like pizza hut, makes no sense to even continue operations there honestly.

However if you accept crypto there, that makes sense because people could actually use that to deliver profits back to headquarters wherever pizza hut headquarters are located.

My prediction Bitcoin will still be stable in the range 19000-20000, maybe it will reach 50000 by the end of the year after many other good news to come. For now, it is stable at 19000, which is good, and BTC has reached ATT at the end of November yesterday.

Yes, I also hope that this can be realized well in the future, because this is also for the growth of crypto in the realm of society so that crypto becomes more famous in all circles of society in the future.

This is of course good news, but Venezuela simply has huge problems with the local currency, and most likely this is the only reason why they decided to add payment in cryptocurrency. But this is still a good start for cryptocurrencies!

This also happens after the BTC bull run of 2017. Many restaurants and shops in France and other EU countries start accepted Bitcoin for daily transactions. But after the market crash, they stoped it for too much volatility in the market. Actually, BTC and other ALTs are not suitable for shopping in the market, the stable coin is much more preferable here.

Many big companies are buying Bitcoin, so I think the future of Bitcoin is very bright,
One more big company bought again more Bitcoin with an average it $19427. This is insane, if bitcoin will cross $20k in coming days we might see it $23000 to $25000

Nowadays, when bitcoin has a serious flow of money by institutional companies and new investors, the idea that the price will increase more and more does not seem far away to me.

Yes, and hopefully they can solve the problem as soon as possible so that crypto can be used by them in terms of payments and will become a good example for their neighboring countries as well as other countries around the world.

Indeed, perhaps this would be much better if it not only applicable in one country I hope that Pizza Hut across the world will do the same and it would be even better if other big business will do venture as well.
Well, we are just at the beginning and I expect that after by months and months the number of adoption will also increase. By that then the demand for Bitcoin will increase and that would be really good news for the crypto community. What I like about this crypto as payment is that transaction becomes even a lot more convenient for everyone.

This has nothing to do with Pizza Hut. Some of their franchises are accepting cryptocurrency and that decision has nothing to do with Pizza Hut. Anyway, it is not that practical to accept direct cryptocurrency payments for restaurant or fast food chains. Third party payments, using BitPay or other providers is OK. But imagine someone making a direct payment in Bitcoin and waiting for 30 minutes to get a confirmation.

In 2020, BTC has surpassed the previous all-time high.One of the reasons behind this is that the American company has bought about 7000 thousand BTC together.  And preparing to purchase more.  In addition, various companies are investing millions of dollars in BTC.  That, too, could be good news at the moment.

[/This is the maximum time to pump bitcoin. If you look back at Jodi this time in 2016 but Bitcoin pumped the highest 17500 $ today 2020 but could not win even after Greyscale bought 7300 bitcoin bought then once you think about the future of Bitcoin. I think in the coming days Bitcoin could be up to 25000 considering all the aspects.]

Over time, everyone will know and understand bitcoin and will use it which will affect the price of bitcoin.
And big people and entrepreneurs are starting to realize that bitcoin has great potential for investment, and can also be used as a secure payment transaction.
more and more people are adopting bitcoin and also the higher the price, because the growth and development of bitcoin greatly affects its value.

usually if the Hype comes then good news will also come, as has happened recently,
about institutions adding Bitcoin to hold, and some predictions that bitcoin before 2021 ends will cost over $ 300k,
of course this is good news, and wait until Fomo is really coming.

There are no exact forecasts of what will happen to bitcoin in 2021. But according to analytical companies, there are many chances for a further increase till 25 000 USD!

While slowly this is becoming a reality as we speak, I hope that this accelerates somewhat since in my country there is almost no business that accepts bitcoin so I cannot use it at all except online, however the market of cryptocurrencies is still very young so I expect to see a significant change during the next decade and see more businesses accept it, however for that to happen the government in my country will have to change its posture towards bitcoin which so far has not been very positive at all.

Good news always comes, but fud also comes, and this is much bigger,
looks now capable of making Bitcoin price drop sharply, be careful

That is good news from panama. But it's just starting point of any good news. We need more companies like CryptoBuyer who will invest into crypto currency based services and goods. Initiating an ATM services is such good start  for the crypto and local community. Such ATM always create curiosity in that particular region and people keep seeing it all the time.

It's like an open advertisement for the cryptocurrency. I guess sooner and later when we will have more of the ATM's more people will ask about it and switch to it.

However, we dont want single ATM, thats not good news but just one of the initiative.

Cryptocurrency is very difficult to predict. In 2021, the bitcoin value may be $25k or $3k. Anything can happen. Fortunately, the acceptability of Bitcoin is increasing day by day. The day is not far away when Bitcoin will be accepted in all super shops around the world.

that's really a great new even though it's only available in Venezuela and South America it's a great step i hope most of the fastfood and even grocery would accept cryptocurrency soon right now the price is around $19,800 I'm pretty sure it would be recognize by companies.

Yes, everyone must be careful because the price of Bitcoin will not always stay at a high number, there are times when it will go down as it has in previous years, but the opposite can also happen in the market, even when everyone is not expected it.

As more and more good company starts to use cryptocurrency, more and more people will come to know about it. Its a free publicity, knowing how famous that restaurant is, it will create good impression on the use of crypto. This only mean that cryptocurrency is really the future. As more and more people coming in and the demand is ever increasing, surely crypto will increase in price.

At the beginning of the emergence of bitcoin, many users kept their bitcoins because they didn't know what to use them for. But now the use of bitcoin has increased, especially as a means of payment. Pizza Hut in Venezuela is not the first restaurant to accept payments using bitcoin. Various well-known restaurants and cafes have adopted bitcoin as a means of payment. I hope that in the future there will be more retail companies in various countries that will accept payments using cryptocurrency

That's some good news to hear this 2020 now bitcoin is getting a recognition maybe because of the price increase? I think right now Bitcoin already reached $20,000 which is its all time high.

What a pity it is in Venezuela, if Pizza Hut franchise accepted BTC in a developed country, that is so much better. Anyway, it is still better than  nothing, it means BTC and the other crypto are accepted by more and more people and companies.

That is good news, we will not know what will happen in the future, bitcoin continues to make efforts and improvements in the future so that bitcoin can become a promising virtual currency in the future, the world of cryptocurrency is indeed unique in cyberspace, which is the bitcoin transaction that is more transparency will make users more confident in the world of crypto

I don't think it makes sense for people to still use their BTC to buy Pizza, one thing BTC has proven is that it is a sure investment and no matter the price you buy it you are still going to make money, I will rather use stable coins to pwy for Pizza rather than use BTC to pay, people need to realize this

I don't know Bitcoin can reach $25 at 2021 or not, it can be more or can be less, but really, it's a great news for all of us crypto users that few countries and shops are starting to accept Bitcoin, Dash and XPT. Hope in near soon more will allow us to use erypto to buy something.

yes that's positive news, the more adoption of bitcoin it can also have an impact on bitcoin itself. As we can see today, Bitcoin price has hit an all-time high, and it is still possible to hit a price tag of $ 25k in the coming year.

Most of their kin currently need to utilize Crypto or the dollar as a methods for installment, so the way that Bitcoin and top altcoins are utilized in the installment strategy is not much. I trust after this there will be other uplifting news, particularly with respect to crypto reception, and to be exact in my nation there is likewise a bitcoin ATM.

Why does it look like you are shilling for XPT lol. Never heard of that coin and it would be weird if Pizza Hut starts accepting a currency that no one has ever heard or isn't well established. But yeah, if its true (would have been better if you provided some sort of link to back your claim), then it is a good thing. At least people when the walk in will get to know about bitcoin out of curiosity. But I wonder what is going to happen during network overload? Are they doing to wait for hours for confirmation before they receive the pizza or meal?

Yes, exactly it is the best time for bitcoin, maybe it took long time for progress but now at this moment bitcoin it is a safe investment, already many countries and companies accept bitcoin payment very easily, I guess after 1-2 years later it is going to the best cryptocurrency in the world.

PayPal makes the announcement of accepting BTC in their service. And pizza hut franchise accepting BTC. Although it sounds like a big deal. It can a chance for people to know about bitcoin. We hope that in the future, it will be even more advanced.

Even many adapting bitcoin, with the capability of the bitcoin blockchain right now, isnt it hard for bitcoin to be fast payment processor? Maybe xlm or trx will be better for the payment processor adoption

 

I think that's what most bitcoin investors think, that BTC is a means of saving money, not a means of payment. The days of buying pizza for 10 thousand dollars have already passed, but at that time it was really a historical event that helped to estimate the value of bitcoin.