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Author Topic: When Giants E-commerce start to accept BTC?  (Read 1731 times)
24core
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November 21, 2017, 02:14:13 AM
 #101

Accepting bitcoins in online stores is now very easy to do with plugins, api's etc...  The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.

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November 21, 2017, 02:26:47 AM
 #102

Accepting bitcoins in online stores is now very easy to do with plugins, api's etc...  The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.
I get your point. But it is not totaly used, it is not officially. I think that is one of the problem, that it takes a hour to confirm and successfully transfer. But someday let see what wil happen. If its official.

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November 21, 2017, 02:39:46 AM
 #103

Marketcap cryptocurrency has reached more than $ 200 billion, and more than 50% is bitcoin, I'm sure bitcoin will not be stopped by anyone so the easy way for corporate giants is to accept bitcoin to attract customers.


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November 21, 2017, 02:43:34 AM
 #104

I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.
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November 21, 2017, 02:50:36 AM
 #105

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

Because they saw the potential of bitcoins. They saw its rapid development. And of course, because of its demand it is more likely to increase their company's profits. So they start accepting it as a form of payment. Because no payment hassle can speed up their transactions and their clients. And we expect many more companies to get bitcoins to pay for their services or their products.
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November 21, 2017, 02:51:20 AM
 #106

I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

This is the beginning. These large companies must have already heard about Bitcoin and its being widely used. However, the primary concerns when all these will start will be the confirmation time as well as the transaction fees. I think this is going to be addressed urgently. Otherwise, these companies will not proceed with Bitcoin payment. There are actually simple shops that accept Bitcoin but it seems more convenient to use fiat most of the time these days.
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November 21, 2017, 03:23:54 AM
 #107

Now eBay has accepted Bitcoin in payment, Amazon is considering accept Bitcoin for payment. I think that in the near future, all e-commerce platform can't refuse Bitcoin.
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November 23, 2017, 09:05:17 AM
 #108

Here it's the point.
I want to buy in Amazon or Alibaba something and pay in BTC.
Do you ever think this is gonna happen or not?

I mean, little and local e-shop are supporting nowadays the Criptocurrency Gateway; why instead do they seem to be late adopters?

And if yes, when do you think it will happen?

The reason why local e-shop are supporting bitcoin nowadays is because they want to earn bitcoin and make a fortune of it, because bitcoin price is growing, and by holding, they will earn more than the initial price of the product they are selling. Plus, they dont have to deal with tax if they use bitcoin as a transaction i guess. They are looking and risking this chance because they are not as rich as the big giant e-commerce, while big giant e-commerce already have a fortune and stable one.
But as bitcoin grows, i am sure all of big giant e-commerce, or big vendor, or big merchant, already put a thought on how to apply it to their respective market. Maybe they are doing some calculation, regulation, law studying, and more for now, but i am really sure they will adapt crypto currency (maybe only bitcoin) as ther payment option in couple years

Great point of view buddy.
I think BTC now is seen as a form of investment for too many players inside the market and it's less and less a form of digital payments because as you were saying its value continues to grow ( and hopefully for us it'll never stop  Grin Grin ) - and yet there is the problem with the taxes and government stuff.
So I only see other Cryptos as form of payments different from BTC for now.

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November 23, 2017, 09:09:21 AM
 #109

Accepting bitcoins in online stores is now very easy to do with plugins, api's etc...  The only problem with bitcoin is the transaction speed can sometimes be very slow which will stop people from using it if it takes hours to confirm a transaction.

Hi mate,
we have the same idea  Wink
BTC as seen too much as a form of investment for the future like gold was a hundreds ( mmm no sorry just a few years  Grin Grin) ago..
So as you might agree, there are plenty of great Altcoin ( and of course there are shitcoins too ) that can solve the problem you mentioned.

Because if also the local retailer like big one start to see cryptos and try to adopt it, it needs to be better to what are Credit Cards nowadays

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November 23, 2017, 09:13:45 AM
 #110

I hear a rumor that Costco Wholesale and Walmart will be trialing bitcoin as a form of payments in early 2019, that is really a good sign, I bet in the near end of 2019, almost everyone will accept bitcoin. I hope with the rumor of both companies using bitcoin its attract more company especially E-commerce company to use bitcoin.

That's great, I've never read the news about it.
I think it can happen sooner, like in the next couple of months with the new year 2018. But BTC needs to solve the problems such as speed of confirmation, fees because it's no convenient to switch from a credit card system for a small but even a giant retailers.

There are basically 2 alternatives:
- they start accepting BCH or BCC because it was designed to that purpose
- BTC fix that problems mentioned

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November 23, 2017, 10:37:37 AM
 #111

When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.
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November 25, 2017, 09:58:16 AM
 #112

When their countries started to make bitcoin legal then that is the time i think that bitcoin will be accepted in their business because if bitcoin is accepted and fully legalized in their country then it will be easier for them to not have problems with bitcoin because it is legal and they can just accept it and use it like a regular money.

I think the same buddy.
We have to wait until some countries state its completely legalisation and then they also business like small but event big will start to accept and make it happen. I hope this will happen soon because we need such a different money from fiat because we cannot trust central banks anymore!

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