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Author Topic: Bitcoin acceptance  (Read 4705 times)
Colt81
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August 27, 2017, 06:42:56 AM
 #101

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
As of now some commercial establishment already accept bitcoin and they accept it as a payment of their costumer. In addition to that, some online store also accept bitcoin and accepting bitcoin as a payment will help to gain and make more funds. Lastly, I hope all kind of commercial establishment will accept bitcoin.
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August 27, 2017, 06:47:04 AM
 #102

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
I guess the acceptancce of bitcoin in all over the world will be an easy progress due to the technology that bitcoin has it has an easy transaction in over all other than others i guess the adoptation of the cryptocurrency will be an a easy thing because it is popular in the market already.
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August 27, 2017, 06:50:35 AM
 #103

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
As of now some commercial establishment already accept bitcoin and they accept it as a payment of their costumer. In addition to that, some online store also accept bitcoin and accepting bitcoin as a payment will help to gain and make more funds. Lastly, I hope all kind of commercial establishment will accept bitcoin.

The number of such stores are quite low, and the rate of increase is lower when compared with the rate of increase in the Bitcoin user base. There are many reasons for this. High transaction fee and volatility are some of them. The lack of legal clarity is another.

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August 27, 2017, 06:52:02 AM
 #104

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
There are now few stores in my country that is now accepting bitcoin as payment. For sure it will improve in this following years.

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August 27, 2017, 06:58:15 AM
 #105

The biggest thing, is a combination of a 20 minute confirmation. And a highly fluctuating value of each coin. I mean you literally have the ability to look at a business's website and calculate that you need 0.00 5 BTC to purchase X item. Which right now should be I think about $17. Now in order to avoid a confirmation. At the store you go ahead and initiate the transaction some of that it's fully confirmed when you get to the store.

But with the rising value of Bitcoin, if it takes you an hour to get there at the wrong time of day that $17 that you sent them it's worth $20 by the time you get there. And if you were paid this Bitcoin through direct deposit from your employer, that may be a portion of a $500 paycheck you received on Friday that said my has the value of $600. So there is a lot to get used to, but everybody seems to be working it out without too many tense arguments.
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August 27, 2017, 07:10:09 AM
 #106

I am sure there are also other countries having businesses and merchants already accepting Bitcoin just like cash. However, we have to admit it that the rate of adoption is not as high as expected all because Bitcoin has become a speculative tool rather than a currency. We have to be realistic about this...here in my country you have to take some effort to have a Bitcoin and because of this people are holding on to their coin in anticipation of the coming rise. Personally, I would not let go of my Bitcoin even if I am eating in a nice restaurant...in this case I would be using my fiat money instead.
Well, I agree that there are some business and merchants that already accept bitcoin and they consider it as a real money. In addition to that, some store on online already accept bitcoin and accepting bitcoin as a payment of their costumwr will help them to make more funds.

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batako
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August 27, 2017, 07:17:08 AM
 #107

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
There are now few stores in my country that is now accepting bitcoin as payment. For sure it will improve in this following years.

Using bitcoin or other crypto currencies here, in my country, seems to be difficult because the government does not allow its citizens to transact either offline or online by using currencies other than rupiah. Although to this day there are already some stores that accept bitcoin as a means of payment, they remain safe because the government has not considered this as a serious crime. But if the trend of using bitcoin or other cryptos as a means of payment grows, of course the government will not remain silent.
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August 27, 2017, 07:30:23 AM
 #108

Only some countries accept btc payments. I very much want all countries in the world to accept Bitcoin
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August 27, 2017, 07:55:42 AM
 #109

Now many countries are receiving bitcoin so do not be jealous of others, as a bitcoin member I feel happy to have been accepted.
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August 27, 2017, 08:08:53 AM
 #110

I am sure the acceptance will heavily grow, as soon segwit upgrades will succeed in november. Right now, bitcoin is not accessable with small amounts that are often needed in shops.
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August 27, 2017, 08:12:15 AM
 #111

Here in the Philippines Bitcoin is not yet popular i think only 10% of the total population here knows about bitcoin. This is why there were only few stores that accept bitcoin as payment. Im looking forward to more developments of bitcoin to be it more popular to and to be accepted wholewide
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August 27, 2017, 12:17:25 PM
 #112

I wasnt aware that you could easily pay with Bitcoin in The Netherlands
and Germany in Europe. I thought I was really only being adopted mostly
in the U.S, Japan and China.

In these places in The Netherlands and Germany, Is it clearly advertised
or displayed that Bitcoin is accepted?

Google "red light district in the Netherlands" You will perfectly understand why it makes sense to accept Bitcoin there  Cheesy

What we need currently is more solutions like Bitpay has. So more merchents will be aware of such solutions and so more adopted. Of course it will need several years still
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August 27, 2017, 12:23:15 PM
 #113

Here in India, Bitcoin is still not very popular. Hardly anyone have any idea about Cryptocurrencies or Bitcoin in particular. I don't think there is any offline store or restaurant which is accepting Bitcoin today. There are some online services available for paying bills and stuff in Bitcoin. But nothing big in general. Awareness is increasing of course. But still the percentage is very low in 1.3 billion people. 
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August 27, 2017, 12:44:21 PM
 #114

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

Sorry to burst your bubble but Germany is not the only one that utilizes Bitcoin at its fullest, Japan also. As far as I know, After the formal announcement in Japan that they will accept Bitcoin as a mode of payment last April, many merchants in the country began accepting Bitcoin. Other businesses as well. Their airport even accepts Bitcoin.

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August 27, 2017, 01:01:29 PM
 #115

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

Sorry to burst your bubble but Germany is not the only one that utilizes Bitcoin at its fullest, Japan also. As far as I know, After the formal announcement in Japan that they will accept Bitcoin as a mode of payment last April, many merchants in the country began accepting Bitcoin. Other businesses as well. Their airport even accepts Bitcoin.

Japan has simply utilizes bitcoin to the fullest and no wonder because every time there would be a new innovation involve regarding whether it is about inventions to simply make the work of people more easy and convenient they will simply enhance it and make it their own I really think they can surely pull something like this in the future and after they have announce that they are legalizing bitcoin in their country I don't have a doubt that they can surely full this off and may utilizes it to the fullest.
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August 27, 2017, 01:13:04 PM
 #116

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh
In the philippines, we can pay monthly bills such as electricty, water, cable services and internet using bitcoin . But only few people know about this because they prefer word of mouth advertising than using mass media
I guess you're using coins.ph as your wallet then because thats all I know when it comes to paying bills online using bitcoin. When it comes to stores, restaurants or different food chains no one is accepting bitcoin directly it is not yet widely used when you go out the streets.
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August 27, 2017, 01:14:52 PM
 #117

You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Huh

i think yes your country is the only one i know (maybe. im not sure) that have those services. because in our country so far i cant find any stores and even restaurant that will accept bitcoin as a payment transaction, it is only exchanger that we have. but i hope in the near future, some stores at our country will adopt this acceptance.
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August 27, 2017, 01:37:36 PM
 #118

There are over 50 stores in my country India accepting bitcoins and here is another list where the stores that are popular have started accepting bitcoins: http://www.zerohedge.com/news/2017-05-28/who-accepts-bitcoins-payment-list-companies-stores-shops

From air tickets to restaurants and then physical ATMs, bitcoins are recognized at a lot of places without being regulated. Japan has even more brands accepting the currency.
50 stores for the entire country of India? I would expect much more.

I think Japan is pretty ahead in this case. They already got lots of giants accepting cryptos where as a country like India with a huge population should have started using Bitcoin which in turn would have increased the demand so high that Bitcoin might have reached 10k$ price by now.
Japan is advanced if we are going to focus on technological development where they have new invention about transaction the way crypto-currency is accepted on their country. I also think that the first transaction ever made is on the city of Japan where the main inventor or proponent of Bitcoin is in to technology and technology base innovation.
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August 27, 2017, 02:01:12 PM
 #119

BItcoins acceptance is day by day increasing as the users are also increasing , but still their is a lot to go the only major companies are Dell and Microsoft ,
Here in India the majority doesn't know about bitcoins , the small amount of people who know and use bitcoins use it only for buying skins in CSGO or to buy something on Amazon by gift cards .
People just started to use paytm here ,  government launched a scheme and motivated traders to use paytm but still not even 50% of them actually use them . People think that digital currency cannot be trusted and is very risky to invest in .
It would really be great when people start accepting bitcoins here and people start using them ,
One more problem would be that the transaction fees are very high if we go to buy daily stuff, the transaction fees would be greater than  the value of products. if only BItcoins overcome this problem it would move even more closer to global acceptance.
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August 27, 2017, 02:54:21 PM
 #120

In my country there are local stores that accepts bitcoin as payment but they're not accepted on big markets. I hope it will be adopted in my country where bitcoin will be accepted on big markets and will be one of the standard payment method.
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