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timerland
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June 28, 2017, 08:10:50 AM |
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Appreciate that you're letting us all know. Simply put, bitcoin is being accepted in more and more locations. It's no longer just restricted to the central hub of the US, China and so on. It has become a global phenomenon. Businesses are legitimately interested in implementing this, whether it is just purely out of the CEO's interest or whatnot or it offers a good alternative to risky credit card processing, or international payment processing. Although i dont live in poland, i can tell that this is one of the food delivery giants. Probably the equivalent of Foodler/Ubereats in the US. Kudos to them for being open minded about technology, and hopefully others in their country will follow suit and be encouraged to do the same. |
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poptok1
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June 28, 2017, 08:23:32 AM |
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Cool. Looks like they are using a bitcoin processor - Bitpay. I wonder if using Bitpay ameliorates the problem of long confirmation times. Surely, if you order a pizza to be delivered, you expect it would arrive within a reasonable amount of time, 30-40 minutes, and not 12-24 hours later.
Not sure if you have ever used bitpay before or not, I did and speed of the transaction is not an issue here. If one is using the same wallet address more than once with bitpay than this system recognises the address and makes the TX very fast. First time will take the usual time for confirmation, obviously fee dependant, however second and so on, transactions will get processed almost instantly. Last time I was using bitpay my TX was accepted in a matter of seconds, the moment it got broadcast in to the network bitpay confirmed it without any actual confirmations, just because my bitcoin address was "trusted". Cool if you as me  so as the pyszne.pl(it means yummy, delicious) accepting BTC |
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gokayc
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June 28, 2017, 09:42:10 AM |
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It's getting more difficult to use bitcoin for daily instant payment because of the huge fee and long transaction's time. It's good to see this kind of news, by the way. |
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BitcoinHodler
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June 28, 2017, 11:02:01 AM |
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i love how with all the stalls and whining of random people on the internet bitcoin is still moving forward as expected and the adoption is growing day by day by real businesses who don't care about all the internal drama and whining  |
Holding Bitcoin More Every Day
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eternalgloom
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June 28, 2017, 11:14:34 AM |
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From OP's link: In 2014, Pyszne.pl was acquired by Takeaway.com, one of the largest online food ordering websites in the world. It's a Dutch owned company, their Dutch website http://thuisbezorgd.nl has been accepting Bitcoin for years. They process Bitcoin payments instantly (0 confirmations) to forward your order to the restaurant. I haven't tested it with a very low fee, that may be a risk for them if it never confirms. If that happens, you might get a bill at your delivery address. I've been using the Belgian version (pizza.be) for years using Bitcoin. If you add a fee that's too low, they will send the payment to the merchant once it's confirmed. So the restaurant will only receive your order once it's confirmed. A few days ago, I sent a transaction with a 0.0007 BTC fee and it took around half an hour for the restaurant to accept my order, the day after, I ordered again but added 0.001 BTC fee and it got accepted right away. |
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cellard
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June 28, 2017, 11:19:23 AM |
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Im not sure how this will play out without the lightning network. I can see people complaining about fees or waiting times, specially when Roger Ver starts spamming the network again to demand his RogerCoin fork. I wouldn't focus on this type of adoption until lightning network is 100% operative but good luck for then. |
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deisik
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June 28, 2017, 11:45:37 AM |
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It is indeed bitpay.
It's obviously good that merchants are willing to accept bitcoin as a payment method, but really what they are receiving in the end is still fiat currency. I wonder when can merchatns actually start to accept bitcoin "as it is" at face value, that is when bitcoin is truly global and mass adopted At least two things are required for that First, we need price stability like that of major currencies (the US dollar, Euro, etc), and, second, we need fast (preferably, instantly fast) and cheap (preferably, dirt cheap) transactions. There might be other conditions like legal status, worldwide adoption, but these two seem to be first and foremost. Regarding Bitpay fees, do you have to pay any if you are using a Coinbase wallet? It seems that Coinbase and Bitpay are close buddies, so somehow you could expect that they won't charge any fees (at least, no network fees) |
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BillyBobZorton
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June 28, 2017, 11:55:27 AM |
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It is indeed bitpay.
It's obviously good that merchants are willing to accept bitcoin as a payment method, but really what they are receiving in the end is still fiat currency. I wonder when can merchatns actually start to accept bitcoin "as it is" at face value, that is when bitcoin is truly global and mass adopted At least two things are required for that First, we need price stability like that of major currencies (the US dollar, Euro, etc), and, second, we need fast (preferably, instantly fast) and cheap (preferably, dirt cheap) transactions. There might be other conditions like legal status, worldwide adoption, but these two seem to be first and foremost. Regarding Bitpay fees, do you have to pay any if you are using a Coinbase wallet? It seems that Coinbase and Bitpay are close buddies, so somehow you could expect that they won't charge any fees (at least, no network fees) We will never have a stable price in bitcoin relation to the dollar, euro and other regular fiat currencies because simply to reach a stable price, you need to manually control the price, which will never happen due the decentralized nature of bitcoin. So that is out of the picture. If anything, the prices could be pegged to USD, EUR or any other stable currency and adjusted in real time. With LN everything is possible, including the fast and cheap transactions. |
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xFiber
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June 28, 2017, 11:59:26 AM |
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This is fantastic news for bitcoin and more importantly the bitcoin community. We will hopefully keep on seeing adoption of bitcoin on a large scale. When this goes mainstream we will see a bubble.
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Basmic
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June 28, 2017, 12:11:02 PM |
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From OP's link: In 2014, Pyszne.pl was acquired by Takeaway.com, one of the largest online food ordering websites in the world. It's a Dutch owned company, their Dutch website http://thuisbezorgd.nl has been accepting Bitcoin for years. They process Bitcoin payments instantly (0 confirmations) to forward your order to the restaurant. I haven't tested it with a very low fee, that may be a risk for them if it never confirms. If that happens, you might get a bill at your delivery address. I've been using the Belgian version (pizza.be) for years using Bitcoin. If you add a fee that's too low, they will send the payment to the merchant once it's confirmed. So the restaurant will only receive your order once it's confirmed. A few days ago, I sent a transaction with a 0.0007 BTC fee and it took around half an hour for the restaurant to accept my order, the day after, I ordered again but added 0.001 BTC fee and it got accepted right away. Your story only highlights the difficulties associated with trade in BTC. Many businessmen this just pushes away from crypto currencies. Constantly have to recalculate the price of the goods due to the instability of prices. For buyers too inconvenient that you can enjoy your Breakfast 30% cheaper than dinner, or Vice versa. |
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TrumpD
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June 28, 2017, 12:15:13 PM |
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I guess this means opening a bitpay account, funding it with bitcoin. After the Tx confirms, you can then order your food. This is the way I understand it. They won't be accepting direct bitcoin payments and transaction fees and the tardy network are still legitimate issues. For quick deliveries you must have the fiat equivalent sitting in your bitpay account.
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deisik
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June 28, 2017, 12:16:05 PM |
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It is indeed bitpay.
It's obviously good that merchants are willing to accept bitcoin as a payment method, but really what they are receiving in the end is still fiat currency. I wonder when can merchatns actually start to accept bitcoin "as it is" at face value, that is when bitcoin is truly global and mass adopted At least two things are required for that First, we need price stability like that of major currencies (the US dollar, Euro, etc), and, second, we need fast (preferably, instantly fast) and cheap (preferably, dirt cheap) transactions. There might be other conditions like legal status, worldwide adoption, but these two seem to be first and foremost. Regarding Bitpay fees, do you have to pay any if you are using a Coinbase wallet? It seems that Coinbase and Bitpay are close buddies, so somehow you could expect that they won't charge any fees (at least, no network fees) We will never have a stable price in bitcoin relation to the dollar, euro and other regular fiat currencies because simply to reach a stable price, you need to manually control the price, which will never happen due the decentralized nature of bitcoin But this is not required Or do you really think that someone manually controls the price of major currencies? They all have a free floating exchange rate, i.e. their rate is as it is determined by the free market, by the balance of currency supply and demand. They are stable simply because they have powerful economies backing their purchasing power. Bitcoin is purely speculative, and its value for the most part is only backed by the speculative demand ("buy low, sell high"). If it had real economy behind it, it would be a lot more stable |
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Red-Apple
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June 28, 2017, 12:39:40 PM |
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It is indeed bitpay.
It's obviously good that merchants are willing to accept bitcoin as a payment method, but really what they are receiving in the end is still fiat currency. I wonder when can merchatns actually start to accept bitcoin "as it is" at face value, that is when bitcoin is truly global and mass adopted At least two things are required for that First, we need price stability like that of major currencies (the US dollar, Euro, etc), and, second, we need fast (preferably, instantly fast) and cheap (preferably, dirt cheap) transactions. There might be other conditions like legal status, worldwide adoption, but these two seem to be first and foremost. Regarding Bitpay fees, do you have to pay any if you are using a Coinbase wallet? It seems that Coinbase and Bitpay are close buddies, so somehow you could expect that they won't charge any fees (at least, no network fees) We will never have a stable price in bitcoin relation to the dollar, euro and other regular fiat currencies because simply to reach a stable price, you need to manually control the price, which will never happen due the decentralized nature of bitcoin. So that is out of the picture. If anything, the prices could be pegged to USD, EUR or any other stable currency and adjusted in real time. With LN everything is possible, including the fast and cheap transactions. it has nothing to do with decentralization and i don't understand how LN is related in this context. the only reason why prices are still pretty volatile is that the market is still pretty small. the prices are still being determined on the exchanges and exchanges don't have enough resistances. when you compare the volumes with some other markets and the demand there you can see bitcoin is tiny. |
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lionheart78
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June 28, 2017, 12:48:41 PM |
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This is great news for bitcoin. Any merchant accepting bitcoin is great news, let alone one of the industry leaders. I am personally particularly fond about food merchants accepting bitcoin. I guess it's because the first real, publicly verified bitcoin transaction with real life goods was lazslo's famous 10000 bitcoin pizza. As others said, obviously bitpay is a hassle to go through and it would have been better if they just accepted bitcoin directly, but you have to consider from their PoV that they need stability and returns for their shareholders. Holding bitcoin dircetly can mean losing/gaining value very unexpectedly. Hopefully poland can legalize bitcoin following countries like Australia, so that more companies can accept BTC. Having food merchants accepting bitcoin simply means the time where bitcoin can be used to our daily needs is getting near and havong Poland's largest food delivery accepting Bitcoin is another milestone. With 5000+ restaurant this sure will give demands to bitcoin and can be a good way to promote and spread news about bitcoins with their employees and automatically employees relatives. |
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eternalgloom
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June 28, 2017, 12:53:03 PM |
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From OP's link: In 2014, Pyszne.pl was acquired by Takeaway.com, one of the largest online food ordering websites in the world. It's a Dutch owned company, their Dutch website http://thuisbezorgd.nl has been accepting Bitcoin for years. They process Bitcoin payments instantly (0 confirmations) to forward your order to the restaurant. I haven't tested it with a very low fee, that may be a risk for them if it never confirms. If that happens, you might get a bill at your delivery address. I've been using the Belgian version (pizza.be) for years using Bitcoin. If you add a fee that's too low, they will send the payment to the merchant once it's confirmed. So the restaurant will only receive your order once it's confirmed. A few days ago, I sent a transaction with a 0.0007 BTC fee and it took around half an hour for the restaurant to accept my order, the day after, I ordered again but added 0.001 BTC fee and it got accepted right away. Your story only highlights the difficulties associated with trade in BTC. Many businessmen this just pushes away from crypto currencies. Constantly have to recalculate the price of the goods due to the instability of prices. For buyers too inconvenient that you can enjoy your Breakfast 30% cheaper than dinner, or Vice versa. I'm not really sure if it does, since they're using Bitpay, they should get the value of those Bitcoin when the transaction was made, that's just the reason why merchants choose Bitpay. In this case, when the transaction confirms a bit slower, would they get the value from before or after it confirms? |
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Kotone
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June 28, 2017, 01:31:15 PM |
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This could be lead to every one and to think possitve to every people to learned and to know more about bitcoin this is greatest news for poland for those user of bitcoin currency this is like purse.io they are using bitpay for the payment method but if this going to be implemented all over the world let celabrate for bitcoins day.
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deisik
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June 28, 2017, 01:39:26 PM
Last edit: June 28, 2017, 02:39:06 PM by deisik |
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It is indeed bitpay.
It's obviously good that merchants are willing to accept bitcoin as a payment method, but really what they are receiving in the end is still fiat currency. I wonder when can merchatns actually start to accept bitcoin "as it is" at face value, that is when bitcoin is truly global and mass adopted At least two things are required for that First, we need price stability like that of major currencies (the US dollar, Euro, etc), and, second, we need fast (preferably, instantly fast) and cheap (preferably, dirt cheap) transactions. There might be other conditions like legal status, worldwide adoption, but these two seem to be first and foremost. Regarding Bitpay fees, do you have to pay any if you are using a Coinbase wallet? It seems that Coinbase and Bitpay are close buddies, so somehow you could expect that they won't charge any fees (at least, no network fees) We will never have a stable price in bitcoin relation to the dollar, euro and other regular fiat currencies because simply to reach a stable price, you need to manually control the price, which will never happen due the decentralized nature of bitcoin. So that is out of the picture. If anything, the prices could be pegged to USD, EUR or any other stable currency and adjusted in real time. With LN everything is possible, including the fast and cheap transactions. it has nothing to do with decentralization and i don't understand how LN is related in this context. the only reason why prices are still pretty volatile is that the market is still pretty small. the prices are still being determined on the exchanges and exchanges don't have enough resistances. when you compare the volumes with some other markets and the demand there you can see bitcoin is tiny. Lightning Network makes perfect sense here You may want to read my post above where I said about the two reasons why Bitcoin is not (widely) accepted by merchants. One of these reasons is incredibly slow confirmations and insanely high fees. LN is set to fix both of these issues. Further, it is not clear what you mean by market being still pretty small. If you refer to trading at exchanges (which seems to be the case), no matter how high the price might be, speculation won't mend matters. In fact, it will only exacerbate them since higher prices without real economy backing them can mean only higher volatility. As simple as it gets |
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ViceOfBTC21
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June 28, 2017, 04:04:03 PM |
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Since I'm Polish, I tried this service paying with Bitcoin. Pizza was delivered to me and I think Bitcoin ATM's will become wide in my country. But even of this, it's easy to buy bitcoins. We can top up our local exchange account on the post office and withdraw bitcoins from normal ATM.
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OROBTC
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June 28, 2017, 04:34:38 PM |
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Since I'm Polish, I tried this service paying with Bitcoin. Pizza was delivered to me and I think Bitcoin ATM's will become wide in my country. But even of this, it's easy to buy bitcoins. We can top up our local exchange account on the post office and withdraw bitcoins from normal ATM.
Do you have any links as to where you can buy Bitcoin in Poland? The only two BTC ATMs that I have seen on the 'Net are in Warsaw and Katowice: https://coinatmradar.com/country/171/bitcoin-atm-poland/If you can buy or sell BTC at the Post Office and/or regular ATMs, that is wonderful news! Very advanced too. "Polska jest najlepsza!" Please do let us know more. |
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Taki
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June 28, 2017, 07:42:44 PM |
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I think it's not breaking news to some delivery net start to accept bitcoin. It would be breaking news if it would be the first among all this coffee shops and hotels and ect.
Anyway it's bitcoin's promotion and I think it will help to bitcoin's spreading over the world. I am inpatient to see something like that here in my place.
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