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Author Topic: Will I be able to use Bitcoins at the mall in 2014???  (Read 9408 times)
Djo
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July 05, 2014, 03:59:37 AM
 #101

With all the big brands embracing bitcoins, i don`t think it is unrealistic to believe we will be able to use bitcoin in shopping malls soon. 2014 ? can`t tell for sure. same time next year ? HELL YEAH
Bitcoin-hotep (OP)
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July 05, 2014, 04:25:46 AM
 #102

With all the big brands embracing bitcoins, i don`t think it is unrealistic to believe we will be able to use bitcoin in shopping malls soon. 2014 ? can`t tell for sure. same time next year ? HELL YEAH

I made this thread at the end of 2013, lol.
And I got a reply from Brookstone saying they might start accepting them. They just didn't get enough emails Sad
If they would have started accepting it, everyone in the mall would have.

Bitcoin-hotep (OP)
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July 05, 2014, 03:29:34 PM
 #103

If anyone has the emails of stores they would like to see accept Bitcoin, please share those emails in this thread.

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July 05, 2014, 07:46:19 PM
 #104

Has anyone seen Bitcoins at stores yet?

Please add emails if you want us to send them out.

Selling bitcoins at stores is a recipe for disaster. If bitcoin were sold "digitally" at a store, as in you would give the store cash and the store would send the bitcoin to an address that you provide then you would have instances where near minimum wage clerks accidentally send the wrong amount or send it prior to confirming payment.

If stores were to sell "physical" bitcoin then it would be very difficult for scammers to somehow empty addresses without actually buying the bitcoin. They could do this by revealing the private keys, taking a picture then leaving the store then transferring the coin out of the address being sold. If the store were to sell something that somehow displayed private keys upon purchase of the bitcoin then the private keys would be vulnerable to an attacker watching the printer that the private key is printed on, taking a picture of the private key as it is printed, and stealing the coins from the customer.

No, I mean being accepted at stores.

And if they were going to sell them at stores it would be an ATM.
I wouldn't be surprised if there are a few stores throughout the country that will accept bitcoin. I think the mall would be a great place to place a bitcoin ATM - a lot of foot traffic, generally low crime, indoors.

Someone should definitely start putting them in malls. They have security and everything.
I think the only downside to putting a BTC ATM at the mall is rent. AFAIK rent at a mall tends to be much higher the elsewhere because of the amount of foot traffic in malls, as stores do not need customers to go to the mall to go to their specific store but rather to go shopping at the mall. As a BTC ATM would likely create a good amount of foot traffic, it would be plausible that a coffee shop may actually pay the BTC ATM owner for keeping it in their shop as it would generate additional customers and press.
Bitcoin-hotep (OP)
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July 05, 2014, 08:27:50 PM
 #105

Has anyone seen Bitcoins at stores yet?

Please add emails if you want us to send them out.

Selling bitcoins at stores is a recipe for disaster. If bitcoin were sold "digitally" at a store, as in you would give the store cash and the store would send the bitcoin to an address that you provide then you would have instances where near minimum wage clerks accidentally send the wrong amount or send it prior to confirming payment.

If stores were to sell "physical" bitcoin then it would be very difficult for scammers to somehow empty addresses without actually buying the bitcoin. They could do this by revealing the private keys, taking a picture then leaving the store then transferring the coin out of the address being sold. If the store were to sell something that somehow displayed private keys upon purchase of the bitcoin then the private keys would be vulnerable to an attacker watching the printer that the private key is printed on, taking a picture of the private key as it is printed, and stealing the coins from the customer.

No, I mean being accepted at stores.

And if they were going to sell them at stores it would be an ATM.
I wouldn't be surprised if there are a few stores throughout the country that will accept bitcoin. I think the mall would be a great place to place a bitcoin ATM - a lot of foot traffic, generally low crime, indoors.

Someone should definitely start putting them in malls. They have security and everything.
I think the only downside to putting a BTC ATM at the mall is rent. AFAIK rent at a mall tends to be much higher the elsewhere because of the amount of foot traffic in malls, as stores do not need customers to go to the mall to go to their specific store but rather to go shopping at the mall. As a BTC ATM would likely create a good amount of foot traffic, it would be plausible that a coffee shop may actually pay the BTC ATM owner for keeping it in their shop as it would generate additional customers and press.

The best way to do it would just be to find a store that would let you put it in their and ALSO create themselves a wallet and put a bitcoin sticker in their window, then you can get in to paying them in Bitcoin.

Bitcoin-hotep (OP)
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July 06, 2014, 04:03:45 AM
 #106

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Ron~Popeil
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July 06, 2014, 04:53:02 AM
 #107

With all the big brands embracing bitcoins, i don`t think it is unrealistic to believe we will be able to use bitcoin in shopping malls soon. 2014 ? can`t tell for sure. same time next year ? HELL YEAH

I made this thread at the end of 2013, lol.
And I got a reply from Brookstone saying they might start accepting them. They just didn't get enough emails Sad
If they would have started accepting it, everyone in the mall would have.

All it takes is one major retailer to open the flood gates. Keep emailing.

jubalix
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July 06, 2014, 01:06:04 PM
 #108

why are bit coiners so obsessed with retail? its such a small part of the economy?

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https://www.binance.com/?ref=10062065
luttelcoin
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July 06, 2014, 01:15:58 PM
 #109

Everyone needs to send an email to that place
and all the places!!
chaosPT
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July 06, 2014, 01:20:57 PM
 #110

I am sure in 2015 you will get to use it on more place  Wink
TEDmachine
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July 06, 2014, 03:12:05 PM
 #111

If bigger companies have already started to accept btc, Brookestone will definietely starts too
Deviant1
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July 06, 2014, 04:59:13 PM
 #112

Screw the mall I will be content as soon as Amazon takes BTC!
Harley997
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July 06, 2014, 07:04:26 PM
 #113

Has anyone seen Bitcoins at stores yet?

Please add emails if you want us to send them out.

Selling bitcoins at stores is a recipe for disaster. If bitcoin were sold "digitally" at a store, as in you would give the store cash and the store would send the bitcoin to an address that you provide then you would have instances where near minimum wage clerks accidentally send the wrong amount or send it prior to confirming payment.

If stores were to sell "physical" bitcoin then it would be very difficult for scammers to somehow empty addresses without actually buying the bitcoin. They could do this by revealing the private keys, taking a picture then leaving the store then transferring the coin out of the address being sold. If the store were to sell something that somehow displayed private keys upon purchase of the bitcoin then the private keys would be vulnerable to an attacker watching the printer that the private key is printed on, taking a picture of the private key as it is printed, and stealing the coins from the customer.

No, I mean being accepted at stores.

And if they were going to sell them at stores it would be an ATM.
I wouldn't be surprised if there are a few stores throughout the country that will accept bitcoin. I think the mall would be a great place to place a bitcoin ATM - a lot of foot traffic, generally low crime, indoors.

Someone should definitely start putting them in malls. They have security and everything.
I think the only downside to putting a BTC ATM at the mall is rent. AFAIK rent at a mall tends to be much higher the elsewhere because of the amount of foot traffic in malls, as stores do not need customers to go to the mall to go to their specific store but rather to go shopping at the mall. As a BTC ATM would likely create a good amount of foot traffic, it would be plausible that a coffee shop may actually pay the BTC ATM owner for keeping it in their shop as it would generate additional customers and press.

The best way to do it would just be to find a store that would let you put it in their and ALSO create themselves a wallet and put a bitcoin sticker in their window, then you can get in to paying them in Bitcoin.
But the store already is paying someone else (the mall owner) a premium on their rent in order to generate a lot of foot traffic (from being in the mall) so they would not need a 2nd source of additional foot traffic. A Bitcoin sticker isn't something that a shop owner couldn't do themselves.

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Bitcoin-hotep (OP)
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July 06, 2014, 08:26:28 PM
 #114

why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

Bitcoin-hotep (OP)
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July 06, 2014, 08:27:04 PM
 #115

I am sure in 2015 you will get to use it on more place  Wink

That is what I thought about 2014 in 2013 Sad

Bitcoin-hotep (OP)
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July 06, 2014, 08:28:27 PM
 #116

Has anyone seen Bitcoins at stores yet?

Please add emails if you want us to send them out.

Selling bitcoins at stores is a recipe for disaster. If bitcoin were sold "digitally" at a store, as in you would give the store cash and the store would send the bitcoin to an address that you provide then you would have instances where near minimum wage clerks accidentally send the wrong amount or send it prior to confirming payment.

If stores were to sell "physical" bitcoin then it would be very difficult for scammers to somehow empty addresses without actually buying the bitcoin. They could do this by revealing the private keys, taking a picture then leaving the store then transferring the coin out of the address being sold. If the store were to sell something that somehow displayed private keys upon purchase of the bitcoin then the private keys would be vulnerable to an attacker watching the printer that the private key is printed on, taking a picture of the private key as it is printed, and stealing the coins from the customer.

No, I mean being accepted at stores.

And if they were going to sell them at stores it would be an ATM.
I wouldn't be surprised if there are a few stores throughout the country that will accept bitcoin. I think the mall would be a great place to place a bitcoin ATM - a lot of foot traffic, generally low crime, indoors.

Someone should definitely start putting them in malls. They have security and everything.
I think the only downside to putting a BTC ATM at the mall is rent. AFAIK rent at a mall tends to be much higher the elsewhere because of the amount of foot traffic in malls, as stores do not need customers to go to the mall to go to their specific store but rather to go shopping at the mall. As a BTC ATM would likely create a good amount of foot traffic, it would be plausible that a coffee shop may actually pay the BTC ATM owner for keeping it in their shop as it would generate additional customers and press.

The best way to do it would just be to find a store that would let you put it in their and ALSO create themselves a wallet and put a bitcoin sticker in their window, then you can get in to paying them in Bitcoin.
But the store already is paying someone else (the mall owner) a premium on their rent in order to generate a lot of foot traffic (from being in the mall) so they would not need a 2nd source of additional foot traffic. A Bitcoin sticker isn't something that a shop owner couldn't do themselves.

The ATM is something the store owner can't do themselves. The sticker is just to let the people know that they can exchange their money for coins. And you just have to pay the guy or lady rent (for the space) in Bitcoins.

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July 06, 2014, 11:28:13 PM
 #117

why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

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July 06, 2014, 11:30:40 PM
 #118

why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

Lol nothing I suppose, Overstock might've helped a bit, but basically nothing. I suppose if the Xapo debit cards actually come out, since they're supposed to soon, would increase public attention, but I'm not sure.
Bitcoin-hotep (OP)
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July 07, 2014, 07:04:25 PM
 #119

why are bit coiners so obsessed with retail? its such a small part of the economy?


But such a HUGE part of the public consciousness.

who are mostly not haveing money.

which retail adoption so far has seen any real increase in BTC value?

There are not any major retailers that are in the public consciousness accepting BTC, so there is literally nothing to say that about.

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July 07, 2014, 07:05:05 PM
 #120

Once Best Buy, Wal Mart, McDonalds etc accept it, then you will have something to go on.

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