When will more retailers accept Bitcoin

[The Sceptical Chymist]

in my opinion there are a couple of things that are preventing retailers from accepting bitcoin:
1. people who own bitcoin are a lot.ut people who are willing to spend bitcoin are very little. this means the possibility of little to no customers.
2. price is volatile still. it has been becoming less volatile but we can see drama like blocks and split can cause bigger volatility again!
3. fees. although they have come down ever since spam attack stopped but if they go up again and remain high people will be even less willing in spending their coins.
4. things such as chain split. which are scary and nobody wants a scary currency when there is fiat.

when these change, more retailers will accept bitcoin.

Yeah, but why not offer the option to those who want to use bitcoin, especially if it doesn't cost the merchant anything extra?

But I'm indifferent here,  because I don't like to spend my hard earned bitcoin on things I can buy with fiat.  Every time I've done that I've regretted it,  because bitcoin went higher shortly thereafter.   It's maddening!   And people aren't going to go out of their way to buy btc just to spend it.  It just ain't gonna happen.

[ethereumhunter]

i imagine when bitcoin have standart price for retailers maybe retailers want to accepted bitcoin. so its like this, for example we buy food at $5 and the owner have a standard price for converting fiat to btc, let say $5 equal in bitcoin maybe for an example 0.0005 btc. so no matter how much bitcoin price up and down, we should pay 0.0005 btc for buying food.

actually i don't really understand about this as i only user and don't know anything about retailers or economy business, and my above explain is just for an example. but i hope soon many retailers accept bitcoin as they can see big opportunity in bitcoin world and they can grow their business with bitcoin. especially if the price is still up than the last high price.

[olubams]

Until stability sets in, swings in price is less volatile to a barest  minimum, I don't see how retailer will start accepting or me paying in btc because it goes both ways. In the case of price falling my .0015 might buy a shirt which I might be happy about but the seer won't be because by waiting 10minutes later, he can end up in a loss and the same thing in the case of rising prices where my initial btc can increase 20% in an hour thereby causing abnormal profit to the seller which I would not want. Either way the process is not mutual and that is the reason why the adoption will see a slow progression .

[Shutup]

"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

Retailers will accept bitcoin when bitcoins declaires   a currency to all over the world.Most of all when theres no taxes as japan stated above.Bitcoin will be the powerful electronic current.lt will control everything about currencies to every nation because bicoin will define as "quick process".

[Bezobraznike]

   More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
   There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

[naidray]

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

Yes, we can expect this to happen with U.S.-based stores also as the new Trump's government is always projecting the philosophy of "power to people". Bitcoin must be one practical example how people could gain their power economically. It would be very interesting if US government will be following Japan on the stand on bitcoins.
I'm sure if US government will be following Japan then we can expect more European and Asian countries to follow USA.

But we never need to forget that government's stand on bitcoin is comparatively less significant for making more retailers to accept bitcoin. It can happen automatically over time.

[azguard]

  More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
   There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

Not necessary most of user spend bitcoin in some way. I agree that it is good to save it and possible this is best investment for saving some amount of cash for old days.
For buying it is divided opinion why will someone spent or not spent bitcoin for something. This is hard call cuz most dont believe in bitcoin (this I mean on retailers) they like more paper as mean of paying or cards.

But we can expect in next year or two that more will be accepting bitcoin as mean of paying and purchasing stuff and goods.

[Przemax]

If there are enough of bitcoin users, the retailers can not ignore such a large customer base. In some of the fields of industry one can expect bitcoiners to be a very numerous group of people. For example, to sell a product that requires a high IT skills to use, in my opinion should address the ability to pay for it in bitcoin, because its almost sure that people with high IT skills knows about bitcoin and probably use it. The other fields could include financial options. Even game industry should be more incentivised to include bitcoin payment, because bitcoin users prove they have enough free time to learn new things, so probably have time for electronical entertainment.

So to answer the topic, there should be a constant asks about, if such a payment in bitcoins are available, to make retailers aware about the customer base.

[speem28]

  More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
   There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

It may be much better if there will be more retailers or bitcoin merchants first than to have many bicoin users. It will be faster that way, and the price of bitcoin will also get high because of these merchants. Imagine if there will be many bitcoin merchants that will emerge and at someway they will let the people know that they are accepting bitcoin, by doing that, many people will get curious as to what bitcoin is and why it is so popular. They will surely get interested in investing their money to bitcoin for sure.

[Armstand]

  More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
   There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

It may be much better if there will be more retailers or bitcoin merchants first than to have many bicoin users. It will be faster that way, and the price of bitcoin will also get high because of these merchants. Imagine if there will be many bitcoin merchants that will emerge and at someway they will let the people know that they are accepting bitcoin, by doing that, many people will get curious as to what bitcoin is and why it is so popular. They will surely get interested in investing their money to bitcoin for sure.

It would be much better if bitcoin users make a business accepting btc for them to already knew its purpose and to have it known by many aince they can explain well how it works.

[Hamphser]

  More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
   There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

It may be much better if there will be more retailers or bitcoin merchants first than to have many bicoin users. It will be faster that way, and the price of bitcoin will also get high because of these merchants. Imagine if there will be many bitcoin merchants that will emerge and at someway they will let the people know that they are accepting bitcoin, by doing that, many people will get curious as to what bitcoin is and why it is so popular. They will surely get interested in investing their money to bitcoin for sure.

It would be much better if bitcoin users make a business accepting btc for them to already knew its purpose and to have it known by many aince they can explain well how it works.

As a business owner i would really prefer first to know if there are lots of bitcoin users on my place on which i would able to implement to my business that i do accept bitcoin because i know that it would boost up my sales but still its possible to accept bitcoin even theres not much people on the place who knows bitcoin because curiosity would really comes next.

[webcrypt]

So to answer the topic, there should be a constant asks about, if such a payment in bitcoins are available, to make retailers aware about the customer base.

As a consumer just ask ? "Do you accept Bitcoin ?" Business will bend over backwards to collect money from consumers.

As a business owner I give discounts for bitcoins. I would love to take bitcoins.. The amount of people who have paid me with bitcoins=0 The amount of people that have ask if I accept bitcoins=0.

[DaftAjax]

  More retailers will start accept bitcoin when people start to spend bitcoin. Most of the people save bitcoin for some future, retailers are for
spending money, banks are for saving, and here in comments I can see that much more people save than spend.
   There are no advantages for people to buy things with bitcoins I think, everything is more expensive cause retailers are calculating difference
in their price, there are no discounts. I do not have enough bitcoin to buy anything at the moment, but even if I have I would not spent my
bitcoins on anything, more likely I would save also for the future.

That's not quite right. You see, in order for you to have more profit you need to 'spend to earn'. If I'm going to elaborate it, you need something like a capital to be used as an investment. But there will be many factors that could affect your decisions, so you will take risks in hoping that you will earn more than of what you've spend. So basically what I'm saying is, its not wrong to spend what you've earn and spend it on things that you needed. So that anything is not just any-thing.

If you would analyze the economic change in specific time of events, sometimes investing in the long run is not that profitable as you're expecting it to be. Sometimes its much better if you could just spend it in valuable items that could help you improve. Because Sometimes saving doesn't always have positive outcomes.

[stompix]

So to answer the topic, there should be a constant asks about, if such a payment in bitcoins are available, to make retailers aware about the customer base.

As a consumer just ask ? "Do you accept Bitcoin ?" Business will bend over backwards to collect money from consumers.

As a business owner I give discounts for bitcoins. I would love to take bitcoins.. The amount of people who have paid me with bitcoins=0 The amount of people that have ask if I accept bitcoins=0.

With 99% of people here saying bitcoins are an investment and only stupid people use them to buy stuff and that you should hold them forever to become a billionaire, what do you expect?

[Superways]

"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"

article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/

"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."

It makes sense that a transition to accept bitcoin would be underway for more US-based stores.

Retailers will accept bitcoin when bitcoins declaires   a currency to all over the world.Most of all when theres no taxes as japan stated above.Bitcoin will be the powerful electronic current.lt will control everything about currencies to every nation because bicoin will define as "quick process".

yes that is also right that when bitcoin will be legalized all over the world then it will be used by more of the retailers while there is also the chance that without their acceptance/legalization by the state, bitcoin will be accepted by more of the retailers and the situation is that when the price of bitcoin is more stable or in the continuous upward direction.

[Blackdeath]

Well, we have to thank Japan for really leading the way for the burgeoning adoption of Bitcoin down to many merchants or retailers. I am sure this can somehow make Bitcoin more popular as it can now be used to buy real-world products whether online or offline. It is now very convenient to pay Bitcoin because of the provided infrastructure.

As with the great USA, there seems to be a slower adoption of Bitcoin from merchants big and small. It can because of the still-lacking tax and legal framework to work with. We are having a wait and see attitude so far. Hopefully, in the coming months and years there would be an uptick in the merchants' attitude towards Bitcoin. Well, we are all hoping that soon Amazon and other big online retailers can facilitation the acceptance of Bitcoin.

There is no questions there are still many issues that e-commerce has to contend with in relation to Bitcoin. Many are showing apprehension with the currency's volatility which can definitely affect potential profits. Not to mention the reluctance of the government to fully recognize Bitcoin.

Probably in some developed countries legal bitcoin of course already available some services both store and other facilities that provide transactions both online and offline using bitcoin facilities, and maybe only time factor bitcoin will be a digital currency that can be used in various countries with various transaction services

Indeed. Because on some countries like Japan, they already have a foundation to operate and generate bitcoin because they do have a rich economy to support bitcoin's legalization in their country and a mass number of their citizens have already been using it ever since. It will be sure that if some of the various countries worldwide will legalizing bitcoin, and have a capacity to operate and generate it, it will be sure that many retailers among establishments will accept bitcoin as a term of payment and currency.

[HasHe]

Just simple.Wherever bitcoin is legalized,retailers of that country would immediately start accepting bitcoin as payment.We have recently noticed this change in japan which legalized bitcoin.Soon south korea and india are also to legalize bitcoin.We could hope that all the retailers would star accepting bitcoins as payment after 2020.By that time,most of the countries would have legalized bitcoin.

[batang_bitcoin]

When USA and other well known first world countries are going to announce that bitcoin is good for everyone. But however they have to put themselves on the neutral mode. I know retailers will accept bitcoin once they are convinced that it is going to make their business faster and will generate more profit.

[iamlds08]

I think that bitcoin will accept more retailers in the market is when bitcoin will be popular in the people. It is when the local or foreign country accept bitcoin as payment. And when bitcoin accept as it as a legal payment. And the world announces it.

[romero121]

When USA and other well known first world countries are going to announce that bitcoin is good for everyone. But however they have to put themselves on the neutral mode. I know retailers will accept bitcoin once they are convinced that it is going to make their business faster and will generate more profit.

Compared to the past years bitcoin has got a bigger adoption this year from retailers as well common people. When Japan announced its official acceptance the markets accepting bitcoin increased a lot and caused a big inflow and circulation of bitcoin. Same will continue when more countries take part into legalized use of bitcoin. I don't think USA needs to take part legally,  because they'll try to take control over it.