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Title: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: LiteCoinGuy on June 09, 2014, 09:59:37 AM Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fiat Currency
http://www.coindesk.com/malaysian-online-retailer-accepts-bitcoin-wont-convert-fiat-currency/ Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: bryant.coleman on June 09, 2014, 10:19:01 AM This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate. ;D
Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: kjlimo on June 09, 2014, 06:24:34 PM This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate. ;D Amen! to da moon We'll see how long before a country starts to embrace bitcoin as a currency. Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: Ron~Popeil on June 09, 2014, 07:23:01 PM Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.
Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: okthen on June 09, 2014, 09:27:16 PM Now the only thing we need is people with the same balls as this guy.
He'll make much more money than if he'd sell for fiat. Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: kjlimo on June 10, 2014, 01:06:39 AM Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere. What do you think this is, 2016? Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: Ron~Popeil on June 10, 2014, 02:12:31 AM Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere. What do you think this is, 2016? :D Sorry I am getting a bit impatient. ;D Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: bryant.coleman on June 10, 2014, 04:49:15 AM Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere. The owner (Mart Tang) is investing in Bitcoins. So it will be to their advantage if a large number of their customers shift to Bitcoin, there by increasing the exchange rate. ;D Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: erono on June 10, 2014, 05:13:19 AM The CEO of Malaysian Online Retailer has been a big time supporter of bitcoin for a long time and he's able to absorb the risks.
Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: kjlimo on June 10, 2014, 06:57:13 AM Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere. What do you think this is, 2016? :D Sorry I am getting a bit impatient. ;D I forgive you... you know what they say "Rome wasn't built in a day" :D Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: Ron~Popeil on June 10, 2014, 07:25:41 AM Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere. What do you think this is, 2016? :D Sorry I am getting a bit impatient. ;D I forgive you... you know what they say "Rome wasn't built in a day" :D Actually I should be patient, it will be a lot harder to come by as the value rises. Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: dockster on June 10, 2014, 12:39:13 PM They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?
Title: Re: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia Post by: bryant.coleman on June 10, 2014, 01:53:25 PM They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though? The Bitcoin sector in Malaysia is quite small, but very active. There are multiple Bitcoin ATMs located in Malaysia, and the so-called Bitcoin capital of Asia (Singapore) is just across the strait. |