Reasons of why bitcoin accepting shopping sites are not famous

[Colt22]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.

[criptix]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.

I dont wanna be a party pooper but how the ppl get bitcoins? :X

[qory]

Most of bitcoiners are screen addict. They prefer to spend their btc on gambling sites than to buy stuff. 

[onemanatatime]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.

Companies in general are just resistant to change, there are many red tapes involved with trying to implement a "new payment system" like Bitcoin, and requires ton of training of staff to get them to understand what's going on too. Not as simple as just "oh hey let's setup bitcoin payments today".

Even then, for the common man, Credit Cards are WAYYYYY easier to use than Bitcoin right now, even if you have a bitcoin debit card. And hence most people don't see the need to switch, coz in fact their existing way of doing this is already better!

Sure BTC has lower fees and all, but we must not discount exchange fees, currency exchange loss, and other fees.

[Dimelord]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need higher budget for advertising but can start a smaller signature campaign.

Some online shops have started accepting bitcoins mainly due to market pressure.They are just experimenting that whether accepting bitcoin payment would be successful and profitable to them or not.Thats why they dont show interest in advertising.Once they see it profitable and bitcoin market stable,then they would sure come with huge ads to face their competitors.

[LeGaulois]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.

And so you except to see online shops paying thousands of dollars to have PR published on various sites? And see their staff coming here to start a signature campaign? It's funny. Oh yeah why not a spot on TV? People who use the shop know when you can pay with bitcoin or not

[Golftech]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need higher budget for advertising but can start a smaller signature campaign.

Some online shops have started accepting bitcoins mainly due to market pressure.They are just experimenting that whether accepting bitcoin payment would be successful and profitable to them or not.Thats why they dont show interest in advertising.Once they see it profitable and bitcoin market stable,then they would sure come with huge ads to face their competitors.

that's right mate they are just waiting for the system to be well recognized and if this payment system succeed
like how newcomers did when they see the potentials of this investment they all ride and enjoy how profitable
bitcoin is and same way with business owners lets give them a room to observed.

[tunctioncloud]

That is because those big websites added Bitcoin just as a secondary option, to maybe drag some people to them, but this is for sure not an offensive strategy to get customers. That is simply because Bitcoin customers are too few, so that would not be worth for them to spend more money on advertisement than they would get.

[Qartada]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites.

Despite the terrible syntax of that sentence, I think I sort of get what you're saying.  People find it difficult to spend Bitcoin online because major retailers don't accept it yet.

But I think the major retailers know what they're doing.  They're only going to accept Bitcoin if there are legitimate business reasons for doing so, which I would argue there are not.  In reality, they would get very few payments in Bitcoin and I doubt it would be particularly viable for them, especially when they're afraid of the risks associated with it, such as volatility.

I don't think they would accept Bitcoin while it's as volatile as it is because it would accept complex monitoring of exchange rates and instant conversion to fiat since in reality they're not dealing with Bitcoin and earning profits in it.

[AK47-]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.

using bitcoin can attract another type of customer different from "classic" customer.
likewise more nerd, with an high technology expertise, and much more. Some time accepting bitcoin is a really marketing choice.

[Reid]

One thing I know. It is neither bitcoin fault nor the advertising part.
We are all used to seeing MasterCard or Visa as a means of payment when brought to a television station.
It is not that easy to make it happen.
Paypal have spent so many years to earn that and bitcoin is still starting.
I know someday it will be known. We just have to be patient.

[DoublerHunter]

I think the reason why online shopping site are not accepting bitcoin as their payment system is because bitcoin is not stable on its price and some of the online sites see that as an disadvantage because they can't have a fixed money when they received the bitcoin as a payment. And another reason for sure is they are not familiar with digital money .

[tunctioncloud]

I think the reason why online shopping site are not accepting bitcoin as their payment system is because bitcoin is not stable on its price and some of the online sites see that as an disadvantage because they can't have a fixed money when they received the bitcoin as a payment. And another reason for sure is they are not familiar with digital money .

We are not talking about this, but about the fact that shops already accepting Bitcoin do not advertise much this possibility. Another false information about your post is that most shops accepting Bitcoin must take a risk. That is false. Most of them, if not all of them, accept Bitcoin via BitPay, which takes the bitcoins and give fiat money to the website. So no risk at all for the shops.

[talkbitcoin]

the only problem is that people either don't know about bitcoin or they know about it but they are not willing to spend any of it because it is their investment and they want to become a millionaire overnight by holding it tight.

otherwise if you know about bitcoin (not just know it exists but know what bitcoin offers you when you use it, like the features or benefits whatever you want to call it) you can easily find places to buy stuff you need. and even with good discounts.

[bitjoin]

The main profits come from the masses who dont currently use bitcoin so the incentive to add it as a payment option is less. Things are slowly changing, more sites than ever before take BTC right.

[TravelMug]

Only reason that big online retailers are not offering bitcoin as payment is because of its volatility. They know that the price of bitcoin fluctuates so how can they profit if that is such a case? And not many people out there know about what bitcoin is, so they would rather have paypal or other payment options instead of bitcoin.

[Kolder]

The main profits come from the masses who dont currently use bitcoin so the incentive to add it as a payment option is less. Things are slowly changing, more sites than ever before take BTC right.

BTC payment was not famous because in some countries, Bitcoin is not legal so it is not advisable for online shop to accept because it was not available around the world, Besides that , only few percent around the world are crypto oriented that's the majority of online merchant will not take a risk to venture out if there is no huge possible customer that used it on current days.

[alyssa85]

We all can see that on internet there are a lot of online shopping sites which have a lot of customers even bitcoin users also need paypal to shop online while they do not know that with bitcoin they can shop online easily without any exchange but they do not know about these sites. The reason is that these online shopping sites do not advertise their sites they even do not advertise on here which is the biggest bitcoin community and where they do not need any higher budget for advertising but can start a smaller signature campaign.

Companies in general are just resistant to change, there are many red tapes involved with trying to implement a "new payment system" like Bitcoin, and requires ton of training of staff to get them to understand what's going on too. Not as simple as just "oh hey let's setup bitcoin payments today".

Even then, for the common man, Credit Cards are WAYYYYY easier to use than Bitcoin right now, even if you have a bitcoin debit card. And hence most people don't see the need to switch, coz in fact their existing way of doing this is already better!

Sure BTC has lower fees and all, but we must not discount exchange fees, currency exchange loss, and other fees.

Companies will implement bitcoin if they think it will make them profits.

However, it is clear from cases like Overstock, that despite implementing bitcoin payment, and getting MASSIVE publicty about it, bitcoiners themselves refuse to use the service. According to Overstock less than 1% of their revenue is through bitcoin. See

http://www.coindesk.com/into-the-war-room-overstock-looks-back-on-bitcoin-embrace/

The problem is that bitcoiners like the idea of shops enabling bitcoin, but they refuse to spend their coins, they're hoarding in case bitcoin goes to the moon.

It means bitcoin is a failure as a currency, and has turned into an asset (because of fixed number of coins). I expect that when an inflationary coin becomes popular, people will then spend it - but that future belongs to an alt like doge or steem.

[alani123]

It's true that many mom and pop websites accept bitcoin in an effort to attract more customers but BTC certainly isn't the reason they are not "famous". But there's no reason to correlate their acceptance of BTC with the size of the businesses because bitcoin as just another payment option certainly isn't holding them back.

[HarringtonStark]

They will be famous soon as bitcoin goes more mainstream thanks to smartphones and bitcoin wallet apps. Well,  majority of people are now using smartphones and so mobile payment is becoming more of a payment option and that includes bitcoin wallet apps. I remember reading an article about this that and more and more people use smartphones,  mobile payment will become the first choice of payment. When that happens, many stores will support bitcoin payments via bitcoin wallet apps.