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Author Topic: Big Merchants Now Accepting Bitcoin  (Read 12004 times)
qwertyup23
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May 16, 2019, 05:46:32 AM
 #21


Barnes & Noble, Baskin Robbins, Bed Bath & Beyond, Caribou Coffee, Crate & Barrel, Express, GameStop, Jamba Juice, Lowe’s, Nordstrom, Office Depot & OfficeMax, Petco, Regal Cinemas, Ulta Beauty and Amazon-owned Whole Foods Market and of course Starbucks


These are actually big and the potential for its price is unprecedented! Imagine if these large establishments start to accept bitcoin as an alternative payment, more volume and transactions would take place. This would further enhance and increase its price on the market giving it more approval and reputation among the public.
Many would regard this news as normal but this is actually a big step towards promoting cryptocurrencies as an acceptable alternative payment.

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May 16, 2019, 06:51:28 AM
 #22

It is actually not good for Bitcoin when these merchants start to use 3rd party payment processors to accept Bitcoin in their businesses, because they are actually not accepting Bitcoin in reality. This move shows us that there are still problems that needs to be solved, before these companies would be willing to accept Bitcoin directly.

Problems include : Bitcoin price volatility / Complexity of the technology / Regulatory constraints / Lack of supporting point of sale plugins for Bitcoin payments.  Roll Eyes

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Herbert2020
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May 16, 2019, 06:56:56 AM
 #23

It is actually not good for Bitcoin when these merchants start to use 3rd party payment processors to accept Bitcoin in their businesses, because they are actually not accepting Bitcoin in reality. This move shows us that there are still problems that needs to be solved, before these companies would be willing to accept Bitcoin directly.

that is only partly bad not all bad.
in the end they are accepting bitcoin payments which means now people who own bitcoin can start spending their bitcoin in a lot more real places in the "offline world" and that helps adoption by a lot. also it gets us one rather big step closer to the mass adoption.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 16, 2019, 07:08:39 AM
 #24

Now they are all living and starting to buy bitcoin.  Only now it's too late to do it.  It was necessary to buy bitcoin a little earlier.  Then yes, it was possible to see significant changes.  Now there is an option that this jump was not long.

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May 16, 2019, 07:14:31 AM
 #25

It is actually not good for Bitcoin when these merchants start to use 3rd party payment processors to accept Bitcoin in their businesses, because they are actually not accepting Bitcoin in reality. This move shows us that there are still problems that needs to be solved, before these companies would be willing to accept Bitcoin directly.

that is only partly bad not all bad.
in the end they are accepting bitcoin payments which means now people who own bitcoin can start spending their bitcoin in a lot more real places in the "offline world" and that helps adoption by a lot. also it gets us one rather big step closer to the mass adoption.
Yes. This is still a stepping stone for bitcoin to be finally accepted by all merchants in the future. Maybe for now only few of the big names of merchants are now accepting bitcoin but hopefully in the next years, more and more big and small merchants are ready to accept bitcoin as a mode of payment.
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May 16, 2019, 07:51:09 AM
 #26

There is no good information for me instead I see an information that bitcoin be accepted by some merchants more the merchant has many popularity. Because this thing will give an effect to those people who didn't know before bitcoin and he will get interesting to know bitcoin is and for those people who still hesitant to buy bitcoin because they heard lots of negative information again it and finally they will buy bitcoin for at least to be use as payment system. Also, I agree with Kakmakr it will be good if the system of bitcoin cannot changed. Let bitcoin be used as the system has, third party just for money fiat and we need government to deal with. 
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May 16, 2019, 08:19:21 AM
 #27

Good news at the right timing, it should make the market more bullish.
Honestly, I am not familiar with some of the names mentioned in the OP, I only know this " Amazon-owned Whole Foods Market and Starbucks"
These two company are a billion dollar company if I am not mistaken, so it's a good addition.

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May 18, 2019, 06:09:05 AM
 #28

It will help speed up the adoption of bitcoin because the big merchants is well-known in the field of business and social media. Many well-kown business personalities had already expresses support on bitcoin boosting its popularity and public acceptance. I hope that the same acceptance will also duplicated in my country because there are also a number of merchants who are willing to use bitcoin as a payments.

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May 18, 2019, 01:59:39 PM
 #29

This is very good having this merchants adopt bitcoins is a good hype creator and will surely contribute on getting bitcoin that green percentage on the market.And bitcoin users will benefit on this big time since we can now freely spend our bitcoins in those merchants.

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May 18, 2019, 02:09:27 PM
 #30

Is good news and this can help the price grow more, but i wish also new companies to accept it and over time maybe we can have mass adoption and maybe the price will not drop so much after.
Bohdan Rabeha
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May 18, 2019, 02:48:44 PM
 #31

Problems include : Bitcoin price volatility / Complexity of the technology / Regulatory constraints / Lack of supporting point of sale plugins for Bitcoin payments.  Roll Eyes
In addition, there is still human fear and selfishness. I mean not us, but those who are just beginning to use bitcoin. Such people will be afraid to buy goods or service because price of bitcoin tomorrow can rise to 10,000 dollars or more. For example, today pay 20 doll for a product and tomorrow this amount 30 doll or more. And the price in dollars for this goods has not fallen and the next time such people will buy this goods by dollars.

Also, I agree with Kakmakr it will be good if the system of bitcoin cannot changed. Let bitcoin be used as the system has, third party just for money fiat and we need government to deal with. 
And i agree too, is just beginning and it is good that there are such ideas for the implementation of payments by bitcoin.

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May 18, 2019, 05:48:12 PM
 #32

I have read the issue since a while ago, and if it is now properly applied I think this is a good thing for a large merchat in order to accept bitcoin as a payment. maybe this can be used as an example for many other merchants to be willing to accept payments with bitcoin
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May 18, 2019, 10:12:18 PM
 #33

The adoption of bitcoin and its use is really getting bigger and bigger. With these industries accepting cryptocurrencies as payment method it would allow crypto users to be able to use their cryptocurrencies to purhase items.

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May 18, 2019, 11:01:20 PM
 #34

is a very good news, we finally have more options to buy products or purchase services, mass adoption is coming, this helps bitcoin and the cryptocurrency to leave a bit of speculation, that goes for those who think that this is a bubble and it's not like that.

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May 18, 2019, 11:07:03 PM
 #35

I have read the issue since a while ago, and if it is now properly applied I think this is a good thing for a large merchat in order to accept bitcoin as a payment. maybe this can be used as an example for many other merchants to be willing to accept payments with bitcoin

If big merchants can show that accepting crypto has many benefits on their end as well as with their respective clients, no doubt the adoption will be extended to smaller merchants in the very near future. Such adoption might affect the bitcoin's price in a positive way.
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May 18, 2019, 11:18:29 PM
 #36

Coindesk has published news that eBay is going to accept the virtual currencies and we all know what does virtual currency means! This is very positive news at this moment. Not only eBay, but there are also some merchants are accepting bitcoin and some other merchants accepting other currency! So, overall, we can say that crypto is being used in the mass adaption!

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May 18, 2019, 11:38:31 PM
 #37

Coindesk has published news that eBay is going to accept the virtual currencies and we all know what does virtual currency means! This is very positive news at this moment. Not only eBay, but there are also some merchants are accepting bitcoin and some other merchants accepting other currency! So, overall, we can say that crypto is being used in the mass adaption!
Crypto adaption has made a way to deliver more interest to the community most especially for big merchants. We look forward to having a huge number of accepting establishments or online businesses to work with crypto. And this huge development will be helping out also to move prices faster as the demand will goes high.
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May 19, 2019, 12:09:05 AM
 #38

That is so great, and I hope that continues since if there are a lot of users of Bitcoin, that means that there will be also a high chance of price getting higher, well the higher the demand, the higher the price. Even though Bitcoin is legal in our country, I don't see much people using Bitcoin as a payment method the reason they usually hold it rather than use it.

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May 19, 2019, 12:16:27 AM
 #39

When sites like bangood, Alibaba or Ali express start accepting crypto . Ir Will be the best Time force us the late investor there's Is a Lot of cash everyfay going through Rhode sites AND their popularity Is growing everyday More. They ate More important targets than those Starbucks AND other stuffs of course burocracia Will be terrible todo those site to be able to take crypto

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May 19, 2019, 12:38:04 AM
 #40

The longer the popularity of BTC is expanding and several large companies have also received BTC as a means of payment, the increase in the market will also improve and positive news raises a good trend in the market. Good news.

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