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Author Topic: Now you can buy Bitcoin from the grocery store  (Read 962 times)
thankyoulord
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February 15, 2019, 09:07:23 PM
 #21

it is always exciting when i see such information, it clearly shows bitcoin adoption and usage is on the increase and now being accessible at any given place. This means one can now easily get bitcoin more easily

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February 15, 2019, 09:16:01 PM
 #22

I don't think that video is real or fake. But if it is real, then surely it is a great idea. We are near the era of Bitcoin ATM. It will be a great news for Bitcoin lover also. Hopefully day by day new technology will be added to Bitcoin.

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February 16, 2019, 04:11:53 AM
 #23

They are powered by coinme, this is a good news but I'm thinking on how much would be the fee? I like the tagline they made, "Coins are money, too! Treat yourself for a change". They have a $2,500 limitation for each customer and this kind of news adoption is always positive. The era of bitcoin ATM is now starting, expect more of it for the upcoming months.

I have not heard how much these ATMs are charging per transactions but I am hoping that the fees are competitive and not abusive so that we can expect more and more people to be getting into this  and thereby helping for the steady and continual adoption of Bitcoin and cryptocurrency in general. The business of Bitcoin ATM is now taking off as more and more projects are focusing on this segment of the cryptocurrency marketplace. Soon am sure that if this business can be profitable we can see many ATMs to be sprouting all over the place worldwide. The thing here is making Bitcoin as close to as many people as possible.
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February 16, 2019, 04:45:40 AM
 #24

What a great news indeed to hear about that the Bitcoin is already been available on the grocery store. But we all know that not all countries are yet capable to have this. But to have this kind of information, we can say that this is truly good for the mass adoption.

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February 16, 2019, 06:58:30 AM
 #25

So the U.S. already have this kind of concept of bitcoin in their country. Well, of that kind of matter will come to be available too here in the country where I am living now, I will take the opportunity to take the fexperience to but Bitcoins in the grocery store. That is a good thing to here about even how hard the crypto market is.
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February 16, 2019, 08:12:31 AM
 #26

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!
Having three machines in a grocery store in US will not promote bitcoin world wide  Cheesy Tongue . It will take a long time for mass adoption, early we had an expectation that bitcoin will be having a huge adoption but it turns out that it slowed down and it will take some time for that to happen, the delay happened when the decision on how to move forward about the software upgrade kept extending and the transactions delays and charges increased which kept the adoption rate to this situation.
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February 16, 2019, 08:31:57 AM
 #27

The market dip and the quest by most members here to see the highs of 2017 has prevented us from appreciating the massive mass adoptions going on all around the world. This is quite exciting news.


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February 16, 2019, 08:39:40 AM
 #28

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be
Such is another great feat of cryptocurrency. Gradually, the patronage and exposure is growing and in the next few years, many stores will adopt this payment method as the customers opt for it anytime a purchase is made. The future of cryptocurrency is bright as it heads towards the mass adoption.
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February 16, 2019, 09:43:45 AM
 #29

Buying bitcoin from a the grocery store is step ahead in adoption easily available for users to buy bitcoin this step will definitely ease of getting bitcoins
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February 16, 2019, 01:50:40 PM
 #30

Buying bitcoin from a the grocery store is step ahead in adoption easily available for users to buy bitcoin this step will definitely ease of getting bitcoins
USA is developed country so it is not impact of the entire world. Because many peoples are aware in Bitcoin so majority of the Americans also involved in crypto holding so we should spread the some other country is a right option and I appreciate this initiative of grocery store.

 
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February 16, 2019, 01:52:50 PM
 #31

These services always charge a large percentage towards fees, it is much better to just use a bank to transfer money to an exchange and end up with more coins in the end.

I'm still glad to see more options available for everyone to get started in crypto though.
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February 16, 2019, 04:13:19 PM
 #32

Buying bitcoin from a the grocery store is step ahead in adoption easily available for users to buy bitcoin this step will definitely ease of getting bitcoins
USA is developed country so it is not impact of the entire world. Because many peoples are aware in Bitcoin so majority of the Americans also involved in crypto holding so we should spread the some other country is a right option and I appreciate this initiative of grocery store.

I'm sure it'll become more common in the coming years. We even have btc atms now and i think access to btc in grocery stores are much easier to attain. This just shows the trajectory of btc towards becoming adopted. Slowly, btc is being used in simple transactions already and in time, especially if btc becomes a little more stable, mass adoption is coming.

 
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February 16, 2019, 04:32:52 PM
 #33

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be
I don't think so, even if they made a lot of those machines that allow people to buy Bitcoin from it, it will still not contribute to the mass adoption in my point of view, because of the fact that Bitcoin is not that easy to learn thing for average people that do not have or possess only a few amounts of knowledge about modern technologies and innovation. The reality is not all people in this world will have the privilege to use this kind of technology called Crypto Currency because of many reasons.
In my country, anyone can buy Bitcoin on any 7/11 convenience store and it started around 2014 but until now there is no mass adoption happening in here. Smiley
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February 16, 2019, 10:29:52 PM
 #34

this is good news for the world of bitcoin. but not many people know this yet and there are not many tools that can be used for bitcoin transactions in stores that have been circulating.

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February 16, 2019, 10:44:42 PM
 #35

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be

It seems that worldwide Bitcoin begins to appear in places where we are almost every day.
In the Carrefour supermarket chain, in Spain, you can buy Bitcoin top-up cards.





The revolution begins!  Grin
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February 16, 2019, 11:53:48 PM
 #36

I really like this kind of news. FL it's great that the number of such places increases. This certainly indicates the development of crypto. I would like to use crypto to pay for products in the store.
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February 17, 2019, 03:28:06 AM
 #37

My country one shopping Replacement accept bitcoin paying system,but their are hundred think bitcoin paying convert to dollers.if their give us good opportunity to everyone then bitcoin paying will increase other sections in my country.
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February 17, 2019, 03:56:55 AM
 #38

In the U.S. there are these machines in grocery stores called "Coinstar"...they were originally used for fiat coins but now they've modified them so you can buy Bitcoin from them. This is great for mass adoption!

https://www.youtube.com/watch?v=_ZvXq--LwfA&feature=youtu.be
In some countries in asia you can buy bitcoin in 7/11 lol

All you need to do is use your Coin.Ph wallet to purchase specific load thru 7/11 counter or if the loading machine is available then convert it into crypto,you can choose either Ethereun,bitcoin,bitcoin cash and ripple

Isn’t it very convenient?

But thats sounds good in US territory though the video looks like not real,or maybe its just me
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February 17, 2019, 06:46:25 AM
 #39

I definitely agree with that OP on this one
This is a great adaptation path that the bitcoin and cryptocurrency community are going.
There has been notable adaptation growth globally
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February 17, 2019, 08:12:11 AM
 #40

Although the transaction of digital currencies such as Bitcoin is still in full swing all over the world, and many enterprises have begun to accept the use of Bitcoin for payment, it is not recognized in China whether to invest in Bitcoin or as a means of payment. What are the main reasons?



One: Bitcoin, the bifurcated currency of encrypted currency, is born too quickly and too casually, which can easily bring great negative impact to consumers.



Secondly, the technology of the bottom block chain of digital currency is still in the primary stage of development and is not mature enough.



Third: If new concepts and new things are to be popularized to the general public, it is necessary to gradually popularize them for local testing and evaluation.



In addition, Zhou Xiaochuan said that the central bank does not like to create speculative products. Digital money will bring low efficiency and cost to the retail market, which is in conflict with the current financial stability and financial order.
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