Kemarit
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May 28, 2017, 03:25:11 PM |
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This is not a surprise considering the mass adoption of bitcoins by the Japanese. Tx confirmations need to improve for retailers like airline to be comfortable accepting bitcoins in short notice , otherwise I for see them refusing it as payment, if the delays continue at the current rate. Despite a volatile past week, in which it fell by more than $400 in a few hours on thursday, it still rose on the day, Thanks to the Japanese and South Koreans.
Yes indeed, not surprising to begin with. They have put bitcoin as legal tender in their country so it makes sense for Japanese that want to travel to used bitcoin as alternative to Yen. What will benefit here is bitcoin enthusiast like us who are going to travel or may have used Japanese airlines to used bitcoin as mode of payment for the tickets. I think retailers in Japan will not complain about the increasing transaction fee's since again its legal tender for them.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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iamTom123
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May 28, 2017, 03:30:00 PM |
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It seems that japan is loving bitcoin and they are all having a good income with bitcoin and they are starting to fully implement bitcoin to their country and their airlines already accepting bitcoin. I hope that other countries will do the same just like Japan so they can also get the advantage of bitcoin and they can all boost their earnings because of the rapid growth of bitcoin.
We all need more good news for Bitcoin because for every establish that is linking with Bitcoin it can represent a vote of approval and usage for this currency. And it can soon create an avalanche for other players to come in and also enjoy the Bitcoin party. However, if am holding some Bitcoin I may not be using them to buy anything for now because it is getting harder (especially here) to get hold of Bitcoin.
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skorupi17
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May 28, 2017, 06:13:19 PM |
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It would seem like Japan is really utilizing bitcoin. They are applying the benefits of bitcoin in all aspect of their life. If this continues, others may consider that Japan is the capital of Bitcoin. 1. budget airlines = people not wanting to spend too much = why would they agree to a $1+ fee and wait ~10minutes-48 hours
I believe that Japan already figured that out. We cannot set aside the fact that Japan already knows about that kind of problem. I know that they have plans about coping that issue. Though we cannot justify that for now, since we do not know how they will implement the acceptance of bitcoin in airlines. Japan is a smart country, I know they already looked at some different angles.
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lionheart78
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May 28, 2017, 06:27:16 PM |
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It would seem like Japan is really utilizing bitcoin. They are applying the benefits of bitcoin in all aspect of their life. If this continues, others may consider that Japan is the capital of Bitcoin. Well it is expected that Japan will utilize bitcoin. They already accepted it as a currency and there are several big company that is already investing and joining the Bitcoin economy, so it is wise for Japan to take advantage of it, utilize the usage of Bitcoin to their advantage and comfort. 1. budget airlines = people not wanting to spend too much = why would they agree to a $1+ fee and wait ~10minutes-48 hours
I believe that Japan already figured that out. We cannot set aside the fact that Japan already knows about that kind of problem. I know that they have plans about coping that issue. Though we cannot justify that for now, since we do not know how they will implement the acceptance of bitcoin in airlines. Japan is a smart country, I know they already looked at some different angles. I agree, Japan is not dumb, they already figured this out. What ever their solution in the waiting time of bitcoin, they will announce it for sure. I am thinking of some web wallet where several services are integrated with as a solution to this problem.
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Dite1989
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May 28, 2017, 08:21:42 PM |
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I welcome new adaptors. It will help people understand the use-cases of Bitcoin and therefore encourage them to have Bitcoin. The more investments go into Bitcoin, the more your investments will worth.
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darkangel11
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May 28, 2017, 08:31:55 PM |
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Great news, and like others have said not much of a surprise. This is one of many companies that will accept bitcoin in Japan this year. Hopefully we'll have a huge price spike again this Autumn and close the year at $3k. Airlines accepting bitcoin could be the begin of a new era. Now if you ever find yourself in trouble and have to leave the country, you'll have all your money with you on a usb stick. You can buy a ticket and disappear with almost nothing in your pocket but a fake ID
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tosmartak
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May 28, 2017, 08:59:05 PM |
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It is a very good development. The rate at which Bitcoin is surging in Japan in regards to popularity and trade volume, since the country legitimized the digital currency as a legal form of payment this past April is so interesting. And now that one of Japan’s largest discount airline providers Peach Aviation Ltd. has announced it will be the first Japanese service to accept bitcoin for airline tickets will really skyrocket the cryptocurrency world positively. This is really a bitcoin fever.
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Sundark
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May 28, 2017, 09:04:28 PM |
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The more adoption the better, it will be a real life test for bitcoin technology. Skeptics will always cry that there are too many potential exploits going to happen. I wonder how many people tried to scam with double spend with bitcoin payments in Japan - I didn't hear nothing about it, guess it is not a problem at all.
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bitcoinissatan
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May 28, 2017, 09:08:06 PM |
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That's cool news in my opinion, I think also we all here want our country also approve bitcoin as a means of payment which is also interesting to use
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ScorpionKing
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May 28, 2017, 11:34:36 PM |
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Japanese Airlines is impressive in all ways, they are already taking the place of pioneers in something like this... Anyhow regardless, it's definitely true that bitcoin would gain benefit from this.. also on the other hand, reserving and paying with BTC sound extremely easy.
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TastyChillySauce00
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May 29, 2017, 12:21:58 AM |
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The more adoption the better, it will be a real life test for bitcoin technology. Skeptics will always cry that there are too many potential exploits going to happen. I wonder how many people tried to scam with double spend with bitcoin payments in Japan - I didn't hear nothing about it, guess it is not a problem at all.
Just my random guess. There's no way someone could make double spend if they're paying for the ticket in the airport, they just have a small amount of time and to do the double spend, there are some requirements need to be done. Otherwise, if online payment is available, the airport themselves could simply enable 1 confirmation as a requirement. Things like double-spend will be solved immediately. and one more thing, you did never hear any double spend cases because no one is going to leak the cases to the public just for the sake of few dollar or yen.
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erickkyut
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May 29, 2017, 12:27:18 AM |
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It is a good move! Bitcoin really is the future currency. Japanese adapting Bitcoin has a huge impact in the crypto world. Their airlines will soon accepts bitcoin as a mode of payment and I think many countries will follow it. Bitcoin will soon rise to the moon. It will be more known to others.
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theunbeatable
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I could either watch it happen or be a part of it
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May 29, 2017, 12:31:45 AM |
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Well that's really good. As we all know Japanese airlines is one of the best airline in the world yet expensive it's performance is really outstanding. Because of the legalization of Bitcoin in Japan and because of the acceptance of it in the airline. Imagine tourist travelling and in the sign, we accept BTC, then a lot of people will be curious on what is BTC. Some will research about it and some will buy causing it's demand to became high and become one of the factors why it will be known to the world. Good job Japan.
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Russlenat
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May 29, 2017, 01:06:36 AM |
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For me it is very great news that some airline accept bitcoin as payment I hope that all airline across the globe well also adopt bitcoin as payment.
Here in Philippines we now enjoy bitcoin payment in our electric and water bills.
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mike1183
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May 29, 2017, 02:10:20 AM |
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That's great news for BTC and for BTC adoption, regardless of the company "mostly", it's good to see it accepting BTC.
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voltesbit777
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May 29, 2017, 02:45:38 AM |
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that sounds great if that happen, another edge again to all bitcoin enthusiast that one of the biggest and popular country which is japan now planning to use bitcoin as airline payment to their place.
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danherbias07
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May 29, 2017, 02:48:42 AM |
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One more good news but considering it is also in Japan this is not shocking because they have already did legalize it to them and made it as a payment option. Just a new addition in a different service. It would be better if other countries will be the one to take another leap and surely a great increase in value will happen again.
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dwieyani
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May 29, 2017, 03:22:03 AM |
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Look for online publishing to japan because they will receive bitcoin.
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farhaan
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May 29, 2017, 03:32:08 AM |
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Japan has become pioneer in accepting bitcoin legally.Definitely it has boosted the price of bitcoin more.It has become an eye opener for other countries to adopt bitcoin.
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prieaji
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May 29, 2017, 04:51:21 AM |
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thanks for the information Maybe later i will go to japan with its airlines who have received bitcoin.
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