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Author Topic: When will more retailers accept Bitcoin  (Read 17153 times)
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November 19, 2017, 03:55:30 PM
 #661

"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.
I am not sure when will be the time that more retailers will accept bitcoin. Japan is really incredible because many stores their are now accepting bitcoin. I am sure that many businesses in the world will accept bitcoin.
The business can accept Bitcoin anytime, as long as they accept the risk from volatility of the Bitcoin price. Beside that, the Japanese government accepted Bitcoin with a purpose to become the first country accept cryptocurrency. You can see only accept Bitcoin helped this country received a lot of capital from investors to cryptocurrency trading market.

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November 20, 2017, 01:49:02 PM
 #662

Of course bitcoin like a longterm hold. Simply because bitcoin is the most well-liked crypocurrency. Although, Eth quite interesting, but it is easier to be an alternative expense.
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November 20, 2017, 01:53:08 PM
 #663

Retailers fear of the price fluctuations, but when retailers get support similar to the scenario prevailing in Japan we can see lots of retail businesses starting to accept bitcoin. At present even the business accepting bitcoin doesn't get lot of customers using bitcoin same as fiat. Maybe it requires time for such a growth to happen.

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November 23, 2017, 02:21:51 PM
 #664

numerous retail stores and main companies accept bitcoin in asia because japan has at the forefront with bitcoin as lawful repayment. even some community service might be paid utilizing bitcoin. you will see numerous merchants who take payments via bitcoin if it's legalized
Indeed, those who are treating bitcoin as taboo should need to learn and admit that bitcoin is the one which is very great currency and has made many people rich in short time. Many businesses are already there who are accepting bitcoin and even the international airlines are now accepting bitcoin. I am pretty sure that very soon everyone is going to use bitcoin just because the reason it is increasing in value.

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November 24, 2017, 05:32:57 AM
 #665

I guess that whenever retailers understand that there is a huge potential in accepting bitcoin and whenever they do understand that it can bring a fortune, than they would accept it.
Well I think here is no doubt that other retailer will accept bitcoin soon because everyone they wish to buy bitcoin because bitcoin is such a currency when you buy it so there is no doubt that it will give you hundred present a very good profit so I’m sure end of the year retailer will be increased and the they will buy bitcoin in huge quantity.
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November 24, 2017, 05:41:29 AM
 #666

Retailers are hard to accepted Bitcoin because usually only the big supplier accepted Bitcoin, like amazon. Retailer is smaller and i don't think they will accept Bitcoin in the nearly future. At least 5 years more , when people are using bitcoin more popular, i think that's the moment.

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November 24, 2017, 04:50:39 PM
 #667

I guess that whenever retailers understand that there is a huge potential in accepting bitcoin and whenever they do understand that it can bring a fortune, than they would accept it.
Well I think here is no doubt that other retailer will accept bitcoin soon because everyone they wish to buy bitcoin because bitcoin is such a currency when you buy it so there is no doubt that it will give you hundred present a very good profit so I’m sure end of the year retailer will be increased and the they will buy bitcoin in huge quantity.
Retailers are the smart people if they want to have profits from their business, they need to guarantee their amount do not reduce. Unlike speculators and noob traders, you do not understand the risk of Bitcoin if you only interested the price increases high more.

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November 24, 2017, 05:17:46 PM
 #668

I doubt that more retailers will accept bitcoin. What I understand is about retailers mentality or budget is daily they need profit what ever they sell. As we aware that bitcoin is not having constant value so the retailer cant rely on bitcoin which will collapse their system.

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November 24, 2017, 07:30:01 PM
 #669

It starts being accepted in some retailers. It willl increase more and more in the coming years.
For the moment, I guess the value is not stable and can  put on the brakes use of BTC

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November 24, 2017, 08:31:52 PM
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I'm very happy if all the stores, including online and offline, receive payments via Bitcoin, but whether it will be soon without taxes ...
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November 25, 2017, 10:46:16 PM
 #671

If my publishing right here increases the need for ETH i then will redouble my efforts.  Thank.  As you can tellby the ETH cost laely I'v been slacking.ts e


Thats what i am wishing for being accepting bitcoin payments in a retailers store. To when it be accept? That would happen soon only in my country because the government are working for digital currency to be a secondary currency to be paid locally and right now we are in a middle of building rules to be applied.
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November 26, 2017, 01:57:11 AM
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If my publishing right here increases the need for ETH i then will redouble my efforts.  Thank.  As you can tellby the ETH cost laely I'v been slacking.ts e


Thats what i am wishing for being accepting bitcoin payments in a retailers store. To when it be accept? That would happen soon only in my country because the government are working for digital currency to be a secondary currency to be paid locally and right now we are in a middle of building rules to be applied.

That is great that your country is about to make bitcoin as a secondary currency in your country and if your country is one of the major countries then it will continue to be a huge influence to the other country because it will become a proof that bitcoin can bring a lot of positive things in a country if they will just accept it and make it as an official currency.
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November 26, 2017, 02:03:59 AM
 #673

"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.
I think more retailers will accept bitcoin as a way of payment for about 5-10 years from now. It will take a long time because bitcoin is not yet famous around the world. Most of the countries have fewer knowledge about bitcoin thats why they cant cope up with it especially the retailers.
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November 26, 2017, 02:26:54 AM
 #674

"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.


Tpday here in our country I do not know if there are retailers who accept bitcoins as a payment but i am looking forward for it. I wonder why they do not have that kind of thing, because that would be so helpful for us and them too because they can have an investment in their business. But I know that 3-5 years from know bitcoins will be more popular and all those retailer will noe accepting bitcoins as a payment and that eould be nice.
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November 26, 2017, 02:40:09 AM
 #675

Here in the Philippines since the bitcoin is not yet legal, there are no retailers that accept bitcoin as mode of payment as of now.

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November 26, 2017, 04:16:56 AM
 #676

I think this could only be possible when the bitcoin will get acceptance,  as bitcoins is still ban in many countries and consider illegal.  So if there is no ban and legalisation in bitcoins in world. There are chances that more and more acceptance to bitcoins will come. Bitcoin is the largest trade directory of wholesale suppliers.  Bitcoin can be used by than only by many people.  Even now after 9years of its development, still many more names didn't accept it as a payment method, so bitcoin can only be accepted if it legalise and more high names come in order to accept it as a payment method.
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November 27, 2017, 01:33:38 AM
 #677

Bitcoin getting acceptance as a currency by retailers will take long time. The business people fear of certain factors, importantly the volatility, the usage of bitcoin by common people, support from the government. To overcome this governments need to function same as that of Japan. That seems to be the possibility for a sudden increase of retailers accepting bitcoin.

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916mini
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November 28, 2017, 07:29:15 PM
 #678

Certainly if it doesn't come with an urgent need it will likely be better to hold bitcoin in the next few years, due to program bitcoin costs will increase greater than current prices and definitely this will give large earnings in the future.And today the introduction of bitcoin carries on growing much better so that potentially for high price later on
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November 28, 2017, 07:42:38 PM
 #679

I believe there has to be more sensitization on the Cryptocurrency news. I am thinking by now the information would have gotten farther than it is at the moment. Don't know why the limitations and awareness is at a very low scale. The governments or bodies impeding the flow of info must be doing a good job. We are meant to at the closing stage of adoption by this year end but it still looks at the early stage. When adoption is still in poor state then adaptation is still quite far! Hence, the talk of having bitcoin accepted by retailers is still a distant idea.
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November 28, 2017, 10:04:09 PM
 #680

Bitcoin will be accepted in some retailers or any stores in the future but it takes several years before it will happened. Well, as of this time still rare to find a stores that accepted bitcoin. Infact some countries legalized as there way of transaction but most countries didn't yet implemented bitcoin transaction as there way of paying. Although it needs first to convert to fiats in order to pay. A long way to run before it will be implemented, there will a lots to be discussed which many government sectors will react before it will be approved since a bitcoin is a decentralized. As of this time bitcoin is still increasing and soon in the future some retailers will accepted bitcoin but not as easy throughout the country.
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