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Author Topic: Bitcoin is being accepted as method of payment by more and more businesses  (Read 1021 times)
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September 25, 2017, 05:10:26 PM
 #21

Wow, i don't know that you can already use bitcoin to buy many different things. Bitcoin is getting more popular, this is what we want and it's just the beginning. Other crypto should follow this lead, it's better to have different option to buy something.

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skorupi17
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September 25, 2017, 06:44:37 PM
 #22


That is a legit proof that Bitcoin is strong and has a wide range acceptance compared to other cryptocurrency that exists. However, there are some cryptocurrency that can offer more efficient services on a specific industry or market than Bitcoin. So the answer to your question is yes, other cryptocurrencies should step forward and deliver their services based from their concept. Though they cannot fully compete with Bitcoin, it will still be beneficial if a more suitable coin or token will be used in a specific industry.
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September 25, 2017, 06:49:01 PM
 #23

It is simply because bitcoin is really something that it already make its name in the crypto world.  Bitcoin is tested and proven and as the first digital currency it should be recognized as the most used and well known digital currency.  I also saw on a documentary that some stores in New York already accepted bitcoin.  It just shows that bitcoin is the new money for this generation and that is without a doubt.

Yes and its also accepted because of its easy way in transacting payments.

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September 26, 2017, 03:48:31 AM
 #24

I got a feeling that the bitcoins will bloom again. More people will invest in bitcoins and use as a regular money to purchase things. I believe more stores and businesses will use bitcoins to avoid money laundering and being rob. Their earning are stash virtually safer than a cash register.
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September 26, 2017, 03:51:33 AM
 #25

Gradually more and more people are getting to know about bitcoins, and starting to to earn them/ learn more about them, in future as even more people get to know it would be accepted at even more businesses i think.
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September 26, 2017, 05:16:43 AM
 #26

Just read the article posted on medium.that's really nice news for bitcoin and bitcoin users.100 thousands merchants and stores accept that's really huge achievement for bitcoin.need more users to used bitcoin and more merchants and stores acceptance.hope once we will see bitcoin will accepted in every merchants and stores.we need just keep using bitcoin and inform all of our friends and relatives.
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September 26, 2017, 07:13:16 AM
 #27

Yes it is true that Bitcoin (crypto currency) is widely acceptible all over the world.
Even i have used Bitcoin for many payments .
Through Bitcoin we can make Online Shopping. etc etc

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September 26, 2017, 07:35:48 AM
 #28

These are just speculations to try to pump the market. Like I always say people are weak-minded and they are willing to sell away the bitcoin they have because are not ready to accept losses. It is true that bitcoin gets more acceptance gradually but frankly speaking it will occur at a very slow rate. Even altcoins are trying to get into different parts of the society to make people aware of them and bitcoin. However the degree of acceptance by the public is low and will not increase unless the fiat to crypto exchange system is fully integrated with every device.

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September 26, 2017, 01:57:27 PM
 #29

Because bitcoin is getting more popular in the past few months, it is automatic that the business owners will recognize it and try to accept bitcoin as a mode of payment because that is how they will attract more users of bitcoin and also customer to their business because if their are has a lot of bitcoin user then it will boost their sales because bitcoin users will just use their bitcoin to do shopping.
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September 26, 2017, 02:06:40 PM
 #30

Because bitcoin is getting more popular in the past few months, it is automatic that the business owners will recognize it and try to accept bitcoin as a mode of payment because that is how they will attract more users of bitcoin and also customer to their business because if their are has a lot of bitcoin user then it will boost their sales because bitcoin users will just use their bitcoin to do shopping.
now bitcoin has started to enter the realm of business. there are many places that receive payment via bitcoin. is not yet equitable in all sectors, but let us see how bitcoin develops. now more and more business owners are trying to include bitcoin on their company's financial system. there are some big companies that look good to use bitcoin, this is an advantage because it can help increase transactions and also the number of bitcoin users. we all work together to increase bitcoin levels to a higher range.
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September 26, 2017, 04:28:57 PM
 #31

It is very exciting to see, heard and read article like this that bitcoin and other crypto currency now a day are being accepted on physical stores and physical businesses. Unlike before i was using bitcoin just to purschase online like games and other stuffs.

Bitcoin as the first cryptocurrency and leading cryto should be given an acknowledgement to be first use in more physical store. Also it have proven and tested in some different area that might been having some issue but still on top.
Indeed! Very exciting to know that more merchants have accepted bitcoin as payment. Despite the China news to that shakes bitcoin, still many stands firm of their beliefs and trust that bitcoin will continue to soar high. And years from now, bitcoin will be accepted by even more and more businesses and be known worldwide. Maybe that time the price of 1 btc will be like 1 Lamborghini...Smiley
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September 26, 2017, 04:33:43 PM
 #32

As the popularity among the entire world increasing time to time the market acceptance of bitcoin too seems increasing in a large scale. At the beginning bitcoin was used as an storage token, later the same got used as a asset for large volume transactions and for illegal transactions. The same now gaining more acceptance as a currency and as an investment.

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September 26, 2017, 05:18:13 PM
 #33

Bitcoin is being accepted in lots of places, but not many people are using it.

In the last 24 hours there were only 204,224 transactions on the bitcoin network:

https://bitinfocharts.com/comparison/bitcoin-transactions.html

That's a third down from it's peak.

If nobody uses the coin, then the merchants will disable the "pay by cryptocurrecy option", as too expensive to maintain something not used.

What is the expensive part? They pay payment processors to convert the bitcoins received, directly to fiat {cash} deposited

into their account. So they do not deal with Bitcoin directly in most of the cases where merchants accept Bitcoin as a payment

option. Bitcoin should be seen as a investment, if some of them decide to retain a percentage in Bitcoin.  Wink

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September 27, 2017, 11:08:41 PM
 #34

I think it is bound to happen after bitcoin reaches such high value and popularity. Other business services are just going with the flow following the trend Bitcoin  is having.
Yeah the price and the popularity of the bitcoin is getting high every day. Bitcoin is now being use by all kind of the people and the price of bitcoin is expected to increase more till the end of the month. It is said by a very popular site organizer umm I don’t remember the name,,, the price of the bitcoin will increase more till the end of the November so it is good to hold your bitcoin and to invest in it.
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September 27, 2017, 11:10:57 PM
 #35

Those are good news, and making it accepted as a payment gateway makes people feel more interested in buy them in order to spend in those stores, because that makes bitcoin circulate, and it is all a whole proccess, so if someone buys bitcoin to spend in there, then it makes the marketcap grows.
So it would be amazing to see bitcoin accepted everywhere, that would make it grow a lot.

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September 28, 2017, 12:01:38 AM
 #36

Those are good news, and making it accepted as a payment gateway makes people feel more interested in buy them in order to spend in those stores, because that makes bitcoin circulate, and it is all a whole proccess, so if someone buys bitcoin to spend in there, then it makes the marketcap grows.
So it would be amazing to see bitcoin accepted everywhere, that would make it grow a lot.


Yes and there are more companies are integrating bitcoin with their business. In the future we are hoping that its easy to spend bitcoin on terminals in groceries and any boutiques like credit and debit cards. Key points here are accessibility, flexibility, and ease of doing transaction.
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September 28, 2017, 02:19:56 PM
 #37

Those are good news, and making it accepted as a payment gateway makes people feel more interested in buy them in order to spend in those stores, because that makes bitcoin circulate, and it is all a whole proccess, so if someone buys bitcoin to spend in there, then it makes the marketcap grows.
So it would be amazing to see bitcoin accepted everywhere, that would make it grow a lot.


Yes and there are more companies are integrating bitcoin with their business. In the future we are hoping that its easy to spend bitcoin on terminals in groceries and any boutiques like credit and debit cards. Key points here are accessibility, flexibility, and ease of doing transaction.

We all hope that this will happen some day, if we dont count Japan cuz they fully legalize this. For this to happen all over the world or at least in good part of this it would be great, even as a idea is good, saw on several places so far, sign bitcoin is accepted here, but to be honest didnt know if they do or this was just a someone joke.




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September 28, 2017, 02:22:26 PM
 #38

In the last time more and more people are interested to bitcoin and cripto world
So i think is the reason why is accepted more and more everywhere
Bitcoin is the future Smiley
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September 28, 2017, 02:29:12 PM
 #39

The more places accept bitcoins means more people will know about it. And then they will buy bitcoin and price will go up Smiley it is indeed good news.

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September 28, 2017, 02:32:28 PM
 #40

I think this is the most crucial thing to get bitcoin going mainstream

but it still needs an upgrade for faster (and cheaper) transactions
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