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Author Topic: Why do big corporations accept BTC?  (Read 2074 times)
LuffyD.Monkey
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March 30, 2018, 07:03:48 AM
 #281

Well basically they want bitcoin as payment because this can be a good investment in return. Big corporations find bitcoin as a good advantage to them since they will get double income then if they make it as an investment. It will accumulate increase itself once stored.
Right now, we have not experienced so many big corporates which have started accepting bitcoin as a mode of payment but we can really expect that there will be lot number of corporates as well as many other places which will then be accepting bitcoin and that is because of the reason that it becomes quite easier for you to handle the things at time when you are dealing with some online currency.
d1ceplayer
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March 31, 2018, 06:03:37 AM
 #282

I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.

All these points are valid. I want to add that these corporations better understood the value of bitcoins. They came to know how better and amazing these coins are and what is their future. They also know the perks of old users of bitcoins in future time when they become the supreme currency of the world. Keep all this mind, these corporations started dealing in bitcoins and adoption them as plummet method.
xDsoGood
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March 31, 2018, 06:29:09 AM
 #283

It's because people in that certain corporation saw a very big potential in accepting Bitcoin. They might see the profit they would gain in it.  Because the value of bitcoin is very volatile. Also the transaction in bitcoin is much faster than setting an appointment in person. But the transaction fee in bitcoin is too bad for small corporation but in big it doesn't matter. And also in bitcoin they've got much more benefits because of its sudden increase of value.
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March 31, 2018, 02:14:39 PM
 #284

I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.

All these points are valid. I want to add that these corporations better understood the value of bitcoins. They came to know how better and amazing these coins are and what is their future. They also know the perks of old users of bitcoins in future time when they become the supreme currency of the world. Keep all this mind, these corporations started dealing in bitcoins and adoption them as plummet method.
In my opinion, they accept bitcoin because they are a big company or corporation and it terms of being that kind of position. They are accepting the new things in the internet or in the world because they want to lead the revolution and they want to tell the other people that they are the best since they are always accepting the evolution of the things that we have.
reboot24
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March 31, 2018, 02:49:12 PM
 #285

Bitcoin is a better way to do transactions. Forget about Bitcoin as an investment vehicle, or Bitcoin as a way to end the Federal Reserve. Its benefit to business comes from payments.

If your payments are occasional and in large amounts, don’t bother with Bitcoin. Let’s say that you’re Boeing. Once or twice a day someone sends you $100,000,000 for an airplane. Stick with your current practices.

However, say you run a coffee shop with an average ticket of six dollars, and nobody carries cash. You can collect an electronic payment with zero cost per transaction.

List of companies that accepting Bitcoin:
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
Diced90
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March 31, 2018, 03:09:17 PM
 #286

big corporations will accept bitcoin payments because its also a business opportunity for them and brings new Customers to them. Afaik by virtual of some of these companies being consulting companies its a way to study and decide if the crypto market is viable for them
vaughn125
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March 31, 2018, 03:29:57 PM
 #287

I think that the reason as to why they are accepting bitcoins as a means of payment is because they can afford all the necessities that they would be needing to be able to calculate all the income they get in this way of payment. Another reason maybe because the people behind all these big companies have open minds and greater visions for the future and are able to see what the greatness of the bitcoin's innovation can offer to the modern world unlike other company owners out there that are too afraid and close minded to even try to experiment. This way of thinking that these big company leaders have is what made them and their companies become what it currently is today.
JC btc
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March 31, 2018, 03:35:10 PM
 #288

Just like us, they also seen the potential value that bitcoin can give to them, so that their company has an alternative way to make their company profitable by having additional way to make payment, this will help bitcoin to increase demand too.
destroyer01
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April 01, 2018, 11:51:07 PM
 #289

Probably one of the easiest benefits to quantify is the amount of money a company can save by switching over to bitcoin.Aside from being fast and easy to use,bitcoin’s transaction fees have been one of the leading reasons for companies to make the switch.
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April 02, 2018, 12:34:04 PM
 #290

I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.

All these points are valid. I want to add that these corporations better understood the value of bitcoins. They came to know how better and amazing these coins are and what is their future. They also know the perks of old users of bitcoins in future time when they become the supreme currency of the world. Keep all this mind, these corporations started dealing in bitcoins and adoption them as plummet method.
In my opinion, they accept bitcoin because they are a big company or corporation and it terms of being that kind of position. They are accepting the new things in the internet or in the world because they want to lead the revolution and they want to tell the other people that they are the best since they are always accepting the evolution of the things that we have.
Yes bitcoin is the best invention till now, so if they are accepting bitcoin it shows their reliability and their profit, bitcoin  is the new currency which is improving the economy and it develops new ways of making money,. it is age of internet mate every system is getting digital now, so people prefer to use digital currency for payment even some of them are paying the employs as bitcoin for monthly salary which shows how advanced the corporations system has become.
nur rochid
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April 04, 2018, 03:32:16 PM
 #291

Just like us, they also seen the potential value that bitcoin can give to them, so that their company has an alternative way to make their company profitable by having additional way to make payment, this will help bitcoin to increase demand too.
right, they get 2 advantages, easy in transactions and can invesment with bitcoin. besides that it can transfer in large amount and accelerate the transaction time. so many big companies are using this opportunity
miltonpogi
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April 04, 2018, 03:41:56 PM
 #292

The answer is very simple, because Btc can use in many transaction and can be a exchange also for a goods, corporation know also that bitcoin is an alternative investment, and in that case there has a posibility that there investments would grow.

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April 04, 2018, 03:50:40 PM
 #293

Jika perusahaan atau pihak swasta menangani bitcoin maka akan terjadi banyak faktor salah satunya yaitu mengontrol dan mengatur serta membuat sebuah kebijakan yang mungkin bisa merugikan secara sepihak kepada pengguna para bitcoiners demi untuk mencapai keuntungan yang maksimal.
GreatBug
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April 04, 2018, 04:25:12 PM
 #294

Cause for me it is more safe, faster and it is just a future method of payments, in some part of technological development they are just ahead of other companies and in future maybe they will be more popular thanks to that moves.
Bohxz M4p4gm4h4l25
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April 04, 2018, 04:41:42 PM
 #295

I just think that today bitcoin is very popular and that is why many companies are receiving bitcoin.


I agree with that I thibk the main reason why Bitcoin has been used and accepted by big corporation since United States probabaly one of the center of transaction and other big countries has been open with this currency if corporation did the same connection will make even tougher since they have the same status already and it is a great medium of payment also.
hhussain
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April 15, 2018, 11:06:38 PM
 #296

Because they see good future in Bitcoin and they are accepting bitcoin and hold it for the long term as they know bitcoin will go high in future and they will earn good profits.
GamblingPurveyor
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April 17, 2018, 05:41:26 AM
 #297

Bitcoin has long held distant promise. It has captured most companies imagination with stories of people searching through a land fill site for a hard drive with £4 million worth of saved bitcoins, to a man who paid 10,000 bitcoins for a pizza when they were worth a fraction of a cent.
Of course, every organization wants to make profit as it very obvious that Bitcoin is gaining value per market con.
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April 17, 2018, 06:55:01 AM
 #298

Large corporations accept bitcoin because first, when they need capital, they will call on capital with the second ico program that accepts bitcoin. They will have more markets as well as bitcoin trading clients that contribute to their revenue.
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April 17, 2018, 11:30:55 AM
 #299

maybe it's because the big corporations seeing a big opportunity to accepting bitcoin so they launch a new payment system using bitcoin. besides that, if they can accepting bitcoin and they can keep it for a long time, their profit will bigger and this is their chance to double their money in the long-term. but not too many corporations that do this and maybe only the big corporations and the rest corporations still using fiat for their transaction.

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April 17, 2018, 11:46:57 AM
 #300

Many big corporations is now accepting bitcoin as a payment, because i think they see many people are now holders of bitcoin and and also many people will be continuing to adopt it and use it as a payment system, and maybe they see that bitcoin is the next future payment system.

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