Bitcoin Forum

Awesome good news!

https://i.imgur.com/Ip1YD3z.png

http://www.wsj.com/articles/rakuten-starts-accepting-bitcoin-1426555942

https://www.reddit.com/r/Bitcoin/comments/2zayjn/rakuten_starts_accepting_bitcoin/

Just as I was about to say who the hell are these guys it became obvious that they did biz in the US. It's no surprise that this is trending well among certain parties.  :)

they are like japanese ebay!
it's one of the most important webshops in the internet

the bitcoin price looks to be growing now thanks to this new!

Great news. If Rakuten is now accepting bitcoins as payment method I think other online shops may also consider it! After all, bitcoin = more profit for them. Amazon, we're waiting for your move now.

I look forward to play.com supporting this...

In other thoughts, I wonder if there is a way for wallets to automatically provide a refund address?

Very good news indeed!  Maybe this will cause the ball to start rolling for adoption from Amazon.

Each little bit of a news is an important piece of the puzzle.  Building blocks to mass adoption and mainstream use.

http://www.coindesk.com/retail-giant-rakuten-enables-bitcoin-payments-for-us-customers/

great news

ebay will have to follow, when who knows, but they will

Great news, hope they decide to roll out bitcoin payments in the EU aswell.

Never heard of Rakuten before but the more merchants on board the better. Now Ebay and Amazon need to step up ;)

It's indeed good news. Best I've heard start of this year. Imagine this scenario, if Rakuten can do it and successfully integrate bitcoin into its own payment system, then why can't ebay or amazon do that same. It opens up a whole new possibility towards better coin adoption and I mean this is really big in terms of the impact.

I think rakuten should display the bitcoin sign next to visa and mastercard, i had to register an account,enter my address/name just to check if they offer bitcoin, there are a lot of bitcoiners that won't necessarily be aware of this news.

Also they should add a note when buyer is asked to pay a certain BTC amount explaining what would happen if buyer does not pay the correct amount (i.e order cancel and refunded ) , there always gonna be people trying to pay a little less than the stated amount even if its just satoshis, human greed... this is an advice for every company actually cause the more btc is adopted the more this hiccup will happen.

I was also wondering why some company only allow btc payment from certain countries? rakuten for example is japanese co so why only in usa? doesn't make sense to me , i have nothing against americans btw :)

It is a pity that it is only available in the US, but I hope that when they see the sales amount they expand it to other regions

It is explained in their help pages. They request more until it is paid. And if enough is never paid, they refund.
http://www.rakuten.com/help/content/1285

it's quite a good method

oh yep nice one didn't see that!

Cool. They said thy were going to do this, but it came so fast!
Another big retailer joins the party!

Sweet, they keep adding up, because it's objectively stupid to not accepting Bitcoin. I have good memories of Rakuten, I bought my PS4 there :)

They're closing down play.com soon and relaunching as a full Ratuken site. I assume it might be added then. Once again the US creams us.

In the article on coinspeaker it's written that rakuten.de (Germany) and rakuten.at (Austria) will be the next where Bitcoin as payment option will be offered. Hope it won't take too long! :)

great news! however i would like to see them accepting bitcoin as payment for more countries.
i guess that it is just a matter of time before they will.

I'm from the US, and had no idea who the hell they were either. It's a Japanese company.

That is awesome. Hope that move will force other big retailers to accept Bitcoin. I know they will most possibly dump coins asap after they make trade but in the long run it is great thing and will speed up mass addoption.

More pushing the Big Myth in the Echo Chamber.

Bitcoin has already been massively adopted by retailers....
Retailers would accept Cambodian riel if it would *** make the sale ***...
Retailers don't save money with BTC and don't care about paying 2% in fees... only making the sale matters.

"Mainstream adoption" has nothing to do with "retailers"... Warren Buffet understands basic shit like this.

The problem is at the other end, consumers...
Adults with good credit see no advantage to using BTC, it's a big headache...
Credit cards and Paypal are waaaaaaaaay more convenient and safer than Bitcoin.

There is a lot of money to be made in blockchain tech...
But it's not by buying Bitcoin like any retard... that train left the station a year ago.

Excellent news. I do wonder how much if any they plan to retain versus unloading. Overstock kind of led the charge on this and I believe they retain a certain percentage. I e-mailed Amazon CS and told them I do wish to renew my Prime membership but I will only pay in bitcoin.