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Author Topic: Big Merchants Now Accepting Bitcoin  (Read 12068 times)
bitzizzix
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May 19, 2019, 12:57:57 AM
 #41

This is very good news that bitcoin can be accepted or started to be glimpsed by wholesalers and small traders and proves the progress of bitcoin is increasingly popular and many are adopting it.
it's time for bitcoin to provide benefits and pleasure to those who use it with good news that can help increase bitcoin.


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Indrawan77
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May 19, 2019, 01:13:52 AM
 #42

That is some big names, its great to see big companies already open their hand to crypto, I think with the implementation it will gives advantage to the user and the companies, this also makes the world see that crypto is not only can be used for bad things, with big merchants accept crypto then small merchant will follow soon
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May 19, 2019, 01:43:20 AM
 #43

The Spedn app for Flexa is only available for Apple phones right now, Android to come later. What they are not making clear in the press releases is that your spending limit using the app is limited to $100 a week.

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Flexa charges no fees whatsoever for the use of the App. Exchange rates are blended market rates. Spending on the App is currently limited to $100 per week for all App users.

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May 19, 2019, 02:14:47 AM
 #44

The problem here is it being a 3rd party, meaning that you will lose a lot of fees between transferring from your wallet to their wallet and than to seller plus their interest, which many people are discouraged about, it is great that companies are accepting cypto but it sucks to have to pay a lot of fees, like you used to be able to buy from any site using a bitcoin debit card but the problem is as always are the fees, why couldn't the transfer happen directly from one wallet to another ?.
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May 19, 2019, 02:59:01 AM
 #45

Of course this is good news for bitcoin because the more merchants that use bitcoin as a payment tool, bitcoin will be increasingly popular and will have an impact on rising prices
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May 19, 2019, 04:09:01 AM
 #46

The Spedn app for Flexa is only available for Apple phones right now, Android to come later. What they are not making clear in the press releases is that your spending limit using the app is limited to $100 a week.

Quote
Flexa charges no fees whatsoever for the use of the App. Exchange rates are blended market rates. Spending on the App is currently limited to $100 per week for all App users.
Maybe it's just to start? A initial test to see how it works? They will probably increase the limit later.
Another point that called my attention is the necessity of giving personal details like name, phone number, address, email to use the app. It's controversial with crypto currency decentralization purpose. Anyway, it's already enough to shake the crypto market upside.

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May 19, 2019, 04:37:30 AM
 #47

This was being expected since the creation of Satoshi Nakamoto and actually it’s been late because we have crossed the 10 years existence and only have these company while the internet is the most accessible and competent place to market cryptocurrency

Of course this is good news for bitcoin because the more merchants that use bitcoin as a payment tool, bitcoin will be increasingly popular and will have an impact on rising prices
This is not a good news for bitcoin but for US who uses and owned bitcoin ,imagine how this can help our living today and specially in future when the accessibility and usage of cryptocurrency is just in our way,that fiat cannot bring us whatever happens next
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May 19, 2019, 05:48:22 AM
 #48

That is some big names, its great to see big companies already open their hand to crypto, I think with the implementation it will gives advantage to the user and the companies, this also makes the world see that crypto is not only can be used for bad things, with big merchants accept crypto then small merchant will follow soon
It will also brings new ideas that bitcoin is not only for investment but also it can be used for much wider payments transactions, it's really a good thing to know that companies are now bringing good things around, adoptions are ongoing and we will expect more to also embrace this new system, the positive trends are being backed up by more adoptions.

Big businesses will surely followed by another big one, will be expecting additional merchants and establishments to also start using this system.
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May 19, 2019, 07:01:59 AM
 #49

I jave seen the article here yesterday. This is big news for cryprocurrency since this could lead to mass awareness and adaptation. Good to know that cryptocurrency is somehow being recognized by some companies as an alternative to cash or plastic money. Let's hope this will be a start for some companies and merchants to accept cryptocurrency as a payment method.
Honestly I will not be surprised if there are applications / developers from third parties who develop bitcoin payments but with their help. but doesnt mean I am not proud and respectful, there are already many applications from third parties that already exist you know ? I will be more proud and happy if merchants like Starbucks state that they accept payment with bitcoin Smiley
but I am still happy if there are additions from other third parties who adopt bitcoin. Good development of bitcoin anyway
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May 19, 2019, 08:11:09 AM
 #50

Cryptocurrency payments are already accepted in many places. I read the news that since May 14, the payment network Flexa has been launched in the USA, which allows paying for purchases in retail networks using cryptocurrencies. This is really a great achievement of blockchain technology in the financial sector.

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May 19, 2019, 05:08:51 PM
 #51

This is very good news that bitcoin can be accepted or started to be glimpsed by wholesalers and small traders and proves the progress of bitcoin is increasingly popular and many are adopting it.
it's time for bitcoin to provide benefits and pleasure to those who use it with good news that can help increase bitcoin.

Of course! It's really good that Bitcoin's adoption is growing over time so fast. It could go faster but for a currency it's going at a pretty decent rate, especially because it's a somewhat new one.

But later it will be evident.
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May 19, 2019, 09:15:18 PM
 #52

year after year bitcoin has attracted big fishes to itself. and now in 2019, we see all these Big Merchants accepting bitcoin and also other altcoins too. This is very awesome because with this public awareness and interest in the blockchain is gonna increase a lot. technology and money are emerging and people need to know that. if they do not get educated fastly then maybe they can leave behind in this crazy rush towards cryptocurrencies. more and more opportunities are popping every day.
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May 19, 2019, 09:49:15 PM
 #53

Not everyone comes at once. Crypto has so far experienced only one large-scale bull run, which so excited the world. Just now, many of their large names will support bitcoin and this will accordingly affect its mass adoption.
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May 19, 2019, 10:12:17 PM
 #54

This is certainly good news, but it is also very obvious. Now everything is going to ensure that more and more major players accept bitcoin.

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May 19, 2019, 10:50:58 PM
 #55

Not everyone comes at once. Crypto has so far experienced only one large-scale bull run, which so excited the world. Just now, many of their large names will support bitcoin and this will accordingly affect its mass adoption.
For sure it happens in waves and also a sign bigger companies smell profits what will attract more fiat and people to flush inn.

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May 19, 2019, 10:53:22 PM
 #56

There are now many merchants big, small and those in between which are now accepting Bitcoin and other cryptocurrencies in their business. With the help of third-party applications, they are able to integrate Bitcoin option with their infrastructure. Here are some in the list as provided by payments startup Flexa:

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
The heading looks flashy and looks like a promising start when it comes to merchant adoption, but it is really the case or is it restricted to a few American states, majority of the big companies mentioned have branches world wide and i am certain that those branches are not accepting bitcoin as a mode of payment yet and if they could clarify about world wide implementation then it would be a great news.
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May 19, 2019, 10:59:20 PM
 #57

This is very good news that bitcoin can be accepted or started to be glimpsed by wholesalers and small traders and proves the progress of bitcoin is increasingly popular and many are adopting it.
it's time for bitcoin to provide benefits and pleasure to those who use it with good news that can help increase bitcoin.
It can really add to the good price of bitcoin since we are talking about bigger companies. If all the merchants will have this kind of payment system for sure they can have more customer considering the volume of the users of cryptocurrency.
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May 20, 2019, 12:10:19 AM
 #58

This is great news. Most of these merchants offer gift cards and you can even exchange those gift cards for Bitcoin.
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May 20, 2019, 01:34:49 AM
 #59

I'm just waiting for amazon to have a bitcoin option.  Cool
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May 20, 2019, 05:27:38 AM
 #60

This article is a good news to all bitcoin holders, not only they can spend bitcoin in other ways but there is also a good chance that it will help the bitcoin price to go up. Though this is not new as there many already who consider receiving a payment via crypto currencies.

So maybe few years from now, most of the big companies will accept crypto currencies as a good payment option even if it's price is not that stable compare to fiat.

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