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Author Topic: The Calm Before The Storm  (Read 466 times)
Reid
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September 03, 2019, 10:37:38 PM
 #21

Note: Don't get too excited just yet. This is only for Germany(currently, at least). https://cointelegraph.com/news/burger-king-lets-you-pay-your-way-in-germany-with-bitcoin

Anyway, while there are a few big companies in the past like Steam that removed their bitcoin payments option, if you're actually watching bitcoin related news for a while, it's easy to notice that adoption is in a steady uptrend(with a few dips here and there and a few drops due to price volatility).

I got excited all of a sudden and then I read this.
Sad.

Well I guess it is just another baby step for bitcoin.
A good one for me since that is one of my favorite burger in the world. The smoky taste cannot be replicate by some of the fast food chains there.
They are unique.
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September 03, 2019, 11:41:16 PM
 #22

The title was interesting that's why I clicked it and I didn't expect this actually... Are you pertaining the storm to adoption? Cause I thought 'storm' was something negative.

But regardless of it, it's actually a good step for bitcoin but ain't that big to be that excited that it'll make a mass adoption. I think it's just a small step to bitcoin recognition by companies but other people probably wouldn't notice the bitcoin option as a payment at burger king. But if they would, more possible that they would still choose to pay with fiat.

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September 03, 2019, 11:47:28 PM
 #23

Correct me if I'm wrong but isn't this a terrible idea for Burger King.

I've not used Bitcoin in a long time, switched to alternatives that worked better as a form of payment as I believed Bitcoin moved firmly over into 'store of value' as opposed to daily use spender.

The last I checked though Bitcoin fees were rather high for smaller amounts and took a significant amount of time for confirmations.

I'm not bitching on Bitcoin here just genuinely wondering if it's the best crypto for this case, so many companies used to accept Bitcoin and then dropped support as time went on and it got more expensive to use and had longer confirmation times, companies weren't prepared for that so dropped it as it worked well at the start but didn't scale very well.
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September 04, 2019, 03:46:50 AM
 #24

this is on a tiny scale so your "storm" looks more like a small wave in the vast ocean.
the only thing positive about this news and all the others like it, is that they are showing how bitcoin's adoption in the real world as a currency is still ongoing. despite the fact that people sometimes think bitcoin is an investment to make them rich we still see the real world adoption of it for payments,... and they are decently popular.

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September 04, 2019, 10:58:06 AM
 #25

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

I hope so but still, and it's difficult to find a local store that could accept payment with cryptocurrency in one country especially if the country doesn't accept cryptocurrency or giving a statement related to cryptocurrency. But I think that will be interesting if the local store is trying to using cryptocurrency and that will be a time for the adoption for the public. Maybe soon we will see cryptocurrency will be accepted in any countries so you can try to use crypto to pay.

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September 04, 2019, 11:02:18 AM
 #26

And so far it's only for online orders where confirmation time doesn't matter that much. It's still a long way before you can use BTC directly on the counter. Nobody want's to wait several minutes before the transaction is confirmed.
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September 04, 2019, 12:20:44 PM
 #27

There is a lot of Fast Food store that accepts Bitcoins in our Country too but does not mean it will create a storm as you think. It has been like that since 4 years ago but it didn't create hype to my fellow countrymen, there are also a lot of services that you can use your bitcoin to pay to.

But at the end of the Day only who are familiar with bitcoins who is benefiting these things the rest of the people are not aware of it. The only way to create a storm again is another successful BullRun this year or another good news from the trusted media that says Bitcoin will be successful in the next 10 Years.



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September 04, 2019, 01:04:54 PM
 #28

Yes! They will all eventually adopt Btc. Besides I find more importance in New Zealand's tax authority to approve crypto as compensation for salaries and wage-earnings, then Burger King.
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September 04, 2019, 02:08:45 PM
 #29

Yes! They will all eventually adopt Btc. Besides I find more importance in New Zealand's tax authority to approve crypto as compensation for salaries and wage-earnings, then Burger King.
We are nearly coming into the realization where crypto being use as a currency. Good thing it started with some food chain accept this and not a question nor to wonder that many establishments will follow by then. 
What we are looking now is the support from the government as well as from the community. With the increase number of users will help to fully developed cryptocurrency in a matter that is not just an investment but a currency as well.



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September 04, 2019, 10:57:07 PM
 #30

Like what we did before, holding and stay calm is the most important and never think to be all in the negative. The market should be like this, not all the time we've been doing great nor not all the time we've been struggling difficulties. That is why we should have to prepare for everything that will happen next as we don't see any absolute direction.

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September 04, 2019, 11:26:23 PM
 #31

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Yes we believe that after this calm if market there will be a storm coming for this is all we expect as one of the bitcoin believers. I believe that there will be a high volatility coming and its time for us to get multiply on our savings. I feel it coming very soon.
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September 05, 2019, 12:00:05 AM
 #32

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

Hope it goes viral and reached our cities domain too. I think it would be a nice catch of attention to consumers here, there are people who are fond of eating  at Burger King  here. I think if this goes on, many more of the fast food chains will follow right? The other brands like McDonald, KFC and Kenny Rogers, they have a name here and have so many branches around the city.
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September 05, 2019, 12:33:11 AM
 #33

Mass adoption is on its way, and it's on the right track. But we cannot say that mass adoption is running fast for now because many people still don't know about cryptocurrency or they never heard about bitcoin at all. We need to wait for more to see the public will at least hear about bitcoin as the leader of the cryptocurrency. We should spread the news about bitcoin so bitcoin will become popular, and all people can join and use bitcoin as what we did, and in that time, we will see that people will have a chance to make money.

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September 05, 2019, 12:54:59 AM
Last edit: September 05, 2019, 02:03:44 AM by jaocoincrypto18
 #34

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

In talking of the whole world mass adoption then it will only become possible in rich countries but expecting mass adoption in a poor countries like the 3rd world countries then it is very impossible as not all people know how to use the Blockchain specially the poor in education which is very important for the adoption of Bitcoin.
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September 05, 2019, 01:54:45 AM
Last edit: September 05, 2019, 02:08:43 AM by meanwords
 #35

We are getting there bit by bit. Although it's not that fast as most people hope, we are climbing to that what we call "mass adoptaion of cryptocurrency". There are many news and articles here in my country (Which is a third world country) that states some stores are accepting Bitcoin now. Even a Celebrity made his own cryptocurrency here. There is even an app that lets you buy load, buy, gift cards, buy game credits, pay bills, and anymore.

Here's the articles:
https://bitpinas.com/press-release/bcb-blockchain-powers-payment-infrastructure-metro-manilas-biggest-spa/
https://news.abs-cbn.com/business/09/02/19/manny-pacquiao-launches-his-own-pac-crypto-tokens

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?

In talking of the whole world mass adoption then it will only become possible in rich countries but expecting mass adoption in a poor countries like the 3rd world countries then it is very impossible as not all people know how to use the Blockchain specially the poor in education which is very important for the adoption of Bitcoin.

That's where you are wrong.
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September 05, 2019, 09:06:43 AM
 #36

this is on a tiny scale so your "storm" looks more like a small wave in the vast ocean.
the only thing positive about this news and all the others like it, is that they are showing how bitcoin's adoption in the real world as a currency is still ongoing. despite the fact that people sometimes think bitcoin is an investment to make them rich we still see the real world adoption of it for payments,... and they are decently popular.

Really, it is fancy to call these events a storm. However, cryptocurrencies will be finally adopted everywhere. This year has shown that millions of people now are convinced that using crypto is more convenient and beneficial than using traditional money (it refers to everything, including transactions fees).

I suppose each one should have a crypto wallet now (or even several of them).

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September 05, 2019, 10:34:49 AM
 #37

It is something to look forward to but remember that it does not support my country but is limited to a few areas. If the project is to expand globally, it will be a great thing to be able to pay for food with Bitcoin, so nothing is too much for us.

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September 05, 2019, 03:02:46 PM
 #38

It would be better if they are going to implement that in all of their branches all around the globe, that way, people will be curious about cryptocurrency so it will be easily adopted. Hopefully the market will skyrocket again and make another ATH when this time comes, when the world will become cashless and cryptocurrencies will be use as a payment, the only thing that is alarming for me is when the time that bitcoin's price will hit zero.

Bitcoin is like a pyramid, when it hits its peak, then it will slowly going down and bury itself on its own grave, though we didn't know what is its peak price.
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September 06, 2019, 06:42:40 AM
 #39

Burger King give you the chance to pay your food with BTC within their app. What do you think? It's getting more viral with every day. Is mass adoption on its way?
Cryptocurrency is gradually getting more acceptances from the world out there and mass adoption of it is also gradually spreading. With time, we will have more merchants that will be using cryptocurrency more for the payment of their goods and through them, a while lots of people will be introduced to crypto. What I like about merchants implementing bitcoin payment is because of its exposure to the public.

There are so many people that never got to know about bitcoin during the hype of 2017, but many of them has been able to come through some of these merchants that are accepting cryptocurrency as payment, and the use of it si gradually spreading over the whole world. There is still more that we will see in the comings years.

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September 06, 2019, 07:00:56 AM
 #40

What a title really poetic and not so much for the post, bitcoin has been used as exchange for things and services am not bewildered anymore when I hear or see it my desire is to see those nation that placed a ban on it to lifting their ban
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