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Author Topic: Yamada deki store trialing to accept bitcoin!  (Read 176 times)
lablab03 (OP)
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January 28, 2018, 10:32:45 AM
Last edit: January 28, 2018, 10:48:26 AM by lablab03
 #1

Yamada denki is a largest consumer electronic retailer in japan that announced to trialing bitcoin in January 27.

An now question is "will it help to increase the bitcoin value?" any thoughts guys.

By the ways for more information here's the source:
https://news.bitcoin.com/japans-largest-consumer-electronics-chain-trials-bitcoin-payments/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
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January 28, 2018, 11:27:42 AM
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 #2

Japan is another planet. Europe and America are far behind in terms of development. So I think that the emergence of the ability to purchase electronic appliances in Japan for bitcoins will not affect the price of coins on the world market. These bitcoins are circulating in the Japanese market.

 
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February 08, 2018, 07:09:11 AM
 #3

This can increase the value of bitcoin, the more people who transact using bitcoin, the more bitcoin values.
If you want to maximize, not in the field of electronics alone, faster in the field of food.
Because if in the field of food every day will need it.
If successful, it is likely that all the continents and even the European continent do so.
The question is, has it been successful in japan .. ??
If successful, the whole world will see in japan.
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February 08, 2018, 01:38:14 PM
 #4

Japanese culture and society revolve around creating long term value. You can see it in how japan invests heavily in infrastructure such as a high tech and functional train system. Their impressive broadband and internet communications infrastructure. They have a poweful tendency to favor long term planning over the short term gratification typically embraced by western cultures. It may naturally follow that japanese will gravitate towards bitcoin and embrace it. Crypto as a HODL means of creating long term value may be something that is likely to appeal to the mindset and spirit of japan.

I wouldn't be surprised if japan became a megahub of crypto activity in the future. This may only be the tip of the iceberg as far as japan's expansion into crypto currencies go. I think the rivalry between japan and china (also japan and korea) could further fuel japan's transition towards crypto. If japan were able to wrest crypto market dominance away from both china and korea, literally take crypto away from them, that might be a victory of sorts for japan. Of course, korea and china could make this easy for japan with their continued legal action taken against crypto markets.
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February 22, 2018, 04:45:24 AM
 #5

The news is good, but the impact will only be the massive introduction of trade over the Internet with the payment of crypto coins.

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February 22, 2018, 07:17:03 AM
 #6

Yamada denki is a largest consumer electronic retailer in japan that announced to trialing bitcoin in January 27.

An now question is "will it help to increase the bitcoin value?" any thoughts guys.

By the ways for more information here's the source:
https://news.bitcoin.com/japans-largest-consumer-electronics-chain-trials-bitcoin-payments/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
This should be the news that should interest all of us and we should not be dance when we do buy bitcoin cheap and sell high. The things that is going to put bitcoin at the mainstream is adoption and usage. If we have wide adoption bitcoin should be the best form of money but if we are just using it as an investment in other to make profits then we should expect bitcoin be forever limited.
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February 22, 2018, 07:49:20 AM
 #7

Japan is another planet. Europe and America are far behind in terms of development. So I think that the emergence of the ability to purchase electronic appliances in Japan for bitcoins will not affect the price of coins on the world market. These bitcoins are circulating in the Japanese market.
Biggest country joining in cryptocurrency it is a big advantage to us because im sure bitcoin price will go up so high when this countries join the cryptoworld.
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February 22, 2018, 07:54:37 AM
 #8

Yamada denki is a largest consumer electronic retailer in japan that announced to trialing bitcoin in January 27.

An now question is "will it help to increase the bitcoin value?" any thoughts guys.

By the ways for more information here's the source:
https://news.bitcoin.com/japans-largest-consumer-electronics-chain-trials-bitcoin-payments/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

I have not heard this news lately but it makes me happy now that i read it. This gives the boost needed for bitcoin investors to invest more in it and trust cryptocurrency like it had been trusted before.

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February 22, 2018, 08:13:08 AM
 #9

Yamada denki is a largest consumer electronic retailer in japan that announced to trialing bitcoin in January 27.

An now question is "will it help to increase the bitcoin value?" any thoughts guys.

By the ways for more information here's the source:
https://news.bitcoin.com/japans-largest-consumer-electronics-chain-trials-bitcoin-payments/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
This should be the news that should interest all of us and we should not be dance when we do buy bitcoin cheap and sell high. The things that is going to put bitcoin at the mainstream is adoption and usage. If we have wide adoption bitcoin should be the best form of money but if we are just using it as an investment in other to make profits then we should expect bitcoin be forever limited.
Yeah that is a very interesting  story to hear that bitcoin is now being used in other in the electronic markets. This will prove and convince other industries sector to do so. If this will happened bitcoin will become valuable because it will invite more investors because the transaction of bitcoin is faster and more reliable and economical.




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February 22, 2018, 08:22:17 AM
 #10

Yamada denki is a largest consumer electronic retailer in japan that announced to trialing bitcoin in January 27.

An now question is "will it help to increase the bitcoin value?" any thoughts guys.

By the ways for more information here's the source:
https://news.bitcoin.com/japans-largest-consumer-electronics-chain-trials-bitcoin-payments/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

I have not heard this news lately but it makes me happy now that i read it. This gives the boost needed for bitcoin investors to invest more in it and trust cryptocurrency like it had been trusted before.

What do you expect? Japan has already embraced bitcoin back in April so it only make sense for their online/offline store to accept just like their local currency. Well if the company is located in Japan then its pretty obvious they have to used bitcoin as payment scheme. I don't think that it will have a significant boost in the bitcoin economy. But it companies like Amazon or another global online retailer then I will say yes. But a local Japanese consumer electronics? Nah.

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February 22, 2018, 08:33:08 AM
 #11

Seems to be lousy timing to me. Bitcoin may have surged in popularity in Japan but Bitcoin fees have become exorbitant too, especially for low value transactions. This move may help them get some free publicity, but that’s about it. Nobody is going to queue up to buy goods just because this store is accepting bitcoins.


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February 22, 2018, 08:50:07 AM
 #12

Yamada denki is a largest consumer electronic retailer in japan that announced to trialing bitcoin in January 27.

An now question is "will it help to increase the bitcoin value?" any thoughts guys.

By the ways for more information here's the source:
https://news.bitcoin.com/japans-largest-consumer-electronics-chain-trials-bitcoin-payments/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
This should be the news that should interest all of us and we should not be dance when we do buy bitcoin cheap and sell high. The things that is going to put bitcoin at the mainstream is adoption and usage. If we have wide adoption bitcoin should be the best form of money but if we are just using it as an investment in other to make profits then we should expect bitcoin be forever limited.
Yeah that is a very interesting  story to hear that bitcoin is now being used in other in the electronic markets. This will prove and convince other industries sector to do so. If this will happened bitcoin will become valuable because it will invite more investors because the transaction of bitcoin is faster and more reliable and economical.




Japan is taking the advantage of bitcoin features because they believe of what it can do with the society. This news is what we wanted to hear about and not those unnecessary news like negative issues. If this will be established that the store will accept btc then this will help to boost the value of btc. I firmly believe that yamada deki store will be adopting the cryptocurrencies.
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February 22, 2018, 09:07:12 AM
 #13

You know when you open a tab for payment and look at all the options.. you sometimes get to know the ones that you never knew in the past..

Sometimes the discounts they offer on that mode of payment makes you explore it in every way possible..
You should understand that if they are going to accept Bitcoins it will increase it's value and spread the word to people who don't know about it yet.

That would obviously be beneficial.

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February 22, 2018, 01:20:24 PM
 #14

Wow! That is great news. Japan is trying now the features of Bitcoin. I can't wait to try Bitcoin to buy appliances using Bitcoin. Its getting nearer and nearer to our future. Hope that sooner or later that features like that is available here in the Philippines. Smiley

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