Gozie51 (OP)
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May 30, 2021, 10:53:42 AM |
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Cryptocurrencies that will be accepted by the convenience store chain include Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dogecoin (DOGE), among others.
America keeps growing in the list of countries that have adopted cryptocurrency. It is more open to freedom to living and every aspect that will guarantee comfort. My focus however is dogecoin that is also now added in the list of cryptocurrencies. Dogecoin to some looks like a new comer in cryptocurrencies but it has been around and just recently gaining some recognition and importance even when some crypto family have not given the coin chance, it has done great in light of those critism as we know. So particularly about dogecoin, what do you guys think can happen to dogecoin if it continues getting this kind of listing in crypto payment. cointelegraph
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tippytoes
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May 30, 2021, 11:00:13 AM |
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Certainly, if doge will be included in the crypto list as part of payment method of these merchants, it will further strengthen its presence in the market. Not just because Elon is supporting this old meme coin, but merchants or shops will aid in its adoption among crypto users. This will be a very good alternative to bitcoin if you want economical fees. More than likely, more merchants will follow this kind of step towards accepting crypto in their payment system. Whereas, China and Israel are busy banning bitcoin or crypto in their system.
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maydna
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May 30, 2021, 11:44:33 AM |
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Dogecoin? Wow, to be honest, that can give a chance for Dogecoin price increases, but it depends on how convenient people to use Dogecoin as the payment besides using btc, eth, and litecoin. It is good to have the old coins applying for the other store beside the new coins or tokens, and we hope that it will give more chances for crypto to be accepted in the offline store.
It seems Dogecoin will be the new favorite as the payment method. It can grow the adoption, and it can give an effect on the market itself.
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Atang Sulaeman
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May 30, 2021, 01:30:32 PM |
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If Dogecoin is acceptable for payment it is likely that the price will increase in addition to the BTC and ETH prices, just waiting for its very timely realization. and hopefully not only in America, hopefully in developed and developing countries it will also be used.
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Coyster
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May 30, 2021, 01:53:16 PM |
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Dogecoin hasn't been used too much in terms of a method of payment, thus if more businesses incorporate Doge as an option for their customers, then it's a pro for their network, I don't know how convenient it'll be for people to use Dogecoin to make purchases or if quite a lot of people will be willing to do so, but nonetheless, it produces more usefulness for the coin itself and that can influence the price to spike. Then again, I just hope without Elon Musk's interest, the coin will still sustainable, cause it looks more or less like the driving force behind the network, and it could be counterproductive if one individual is indirectly controlling it, he can cause a plunge or a spike with just a single tweet.
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kizlod
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May 30, 2021, 02:01:14 PM |
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That's a good news and it really gives a chances to it. But doge should be improved by itself too.
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DeathAngel
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May 30, 2021, 02:05:20 PM |
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Every mainstream chain that adopts bitcoin for payments is a good thing for us & the future of bitcoin. It doesn’t matter how small, every single one is a positive to the revolution we are all part of. I have a feeling there will be a lot more to follow this year.
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Gozie51 (OP)
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May 30, 2021, 02:32:42 PM |
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but it depends on how convenient people to use Dogecoin as the payment besides using btc, eth, and litecoin.
It is very convenient to use dogecoin or for transactions. Maybe you never tried transfering dogecoin, at least I have done that. It is very fast and fees are very low when compared to bitcoin. However I have not bought anything with it but I believe that its transaction process is still going to be fast and cheap. When dogecoin enters into the mainstream of payment system, then I will be sure to use it. This is going to be a great time for the meme coin, it price may likely rise anytime soon.
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elda34b
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May 30, 2021, 02:47:35 PM |
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Well hopefully they also learn how to anticipate and prevent double spending. With the increase of adoption, if the network is not strong enough, who knows when will 51% attack happens, just like it happen on ETC.
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eaLiTy
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May 30, 2021, 02:49:10 PM |
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So particularly about dogecoin, what do you guys think can happen to dogecoin if it continues getting this kind of listing in crypto payment. In the past Dogecoin was used as a fun coin in gambling sites and with the increase in interest for the coin because of certain people who was promoting them it looks like they target is achieved and they can now claim that their tweets turned a meme coin to a paying currency for good and services and this is the initial steps and the Doge fans are hoping that every store starts accepting Doge as a payment option ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
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Davian144
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May 30, 2021, 02:54:10 PM |
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How many department store units accept payments in the form of cryptocurrency you mentioned? because if only one store implements it, the effect will obviously not be too much change in the price of the cryptocurrency you mentioned, but if there are several stores that have implemented it, then in the near future, cryptocurrency prices will experience changes that very good.
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iamsheikhadil
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May 30, 2021, 03:12:43 PM |
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I think Dogecoin became the exceptional coin which was created for something else but is becoming something better lmfao thanks to Elon. I'm kinda worried about the stores accepting doge though, because as long as the hype remains, the prices are high but it can plummet anytime specially if circulation increases in such a rate! But still, a big positive news.
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Anonylz
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May 30, 2021, 03:39:03 PM |
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Cryptocurrencies that will be accepted by the convenience store chain include Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dogecoin (DOGE), among others.
America keeps growing in the list of countries that have adopted cryptocurrency. It is more open to freedom to living and every aspect that will guarantee comfort. My focus however is dogecoin that is also now added in the list of cryptocurrencies. Dogecoin to some looks like a new comer in cryptocurrencies but it has been around and just recently gaining some recognition and importance even when some crypto family have not given the coin chance, it has done great in light of those critism as we know. So particularly about dogecoin, what do you guys think can happen to dogecoin if it continues getting this kind of listing in crypto payment. cointelegraphAbsolutely, it is surprising how the number keeps growing over there, it seems btc adoption in the USA is really growing faster which is good, hopefully soon USA restrictions on the citizens to invest in crypto will ease a bit and project won't have to exempt USA citizens from taking part in sales, As for dogecoin, I feel soon more businesses will start accepting it, they already gain much recognition with the help of Elon, this is what we will probably be seeing.
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Sterbens
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May 30, 2021, 04:44:28 PM |
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depending on how many shops adopt Dogecoin as a means of payment. but while that is one way to make DogeCoin mainstream in crypto payments going forward, I totally agree. because then people don't just focus on the cost barriers of Bitcoin and Ethereum. While this growth is underway, I really appreciate that including DogeCoin on the list, gives us a fairly light alternative which is still affordable and cheap.
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maydna
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May 31, 2021, 12:14:17 PM |
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but it depends on how convenient people to use Dogecoin as the payment besides using btc, eth, and litecoin.
It is very convenient to use dogecoin or for transactions. Maybe you never tried transfering dogecoin, at least I have done that. It is very fast and fees are very low when compared to bitcoin. However I have not bought anything with it but I believe that its transaction process is still going to be fast and cheap. When dogecoin enters into the mainstream of payment system, then I will be sure to use it. This is going to be a great time for the meme coin, it price may likely rise anytime soon. I already used dogecoin and make a transaction for receiving and sending dogecoin. Yes, I admitted that it is convenient to use dogecoin. The process does not take too long, and the fee is low, and I think people can feel the same as us. I already use bitcoin to buy online services, but sometimes, it takes some time to get confirmation from the network. But to raise the price of dogecoin more, that will need more time as dogecoin already hit the new ATH this year. Perhaps, it could increase in the future.
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2tang
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May 31, 2021, 12:28:43 PM |
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That's a good news and it really gives a chances to it. But doge should be improved by itself too.
Why does Dogecoin need to be upgraded? Is Dogecoin really useful now that you are expecting an increase in it? Or have you been holding a very large amount of Dogecoin at this point?
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OcTradism
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May 31, 2021, 12:38:45 PM |
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Cryptocurrency goes into main stream on Earth and companies will accept cryptocurrency for payments gradually. USA is not unfriendly with cryptocurrency and it is logic to see more companies in that nation accept cryptocurrency.
Big techs are leaders and when they participated in cryptocurrency, others will join later. The rest don't want to be outsiders of the big trend.
PayPal is not the first but their adoption months ago, and updates lately catch more attention from other companies, competitors. You will see more adoption news in this year.
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calandra78
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May 31, 2021, 01:16:56 PM |
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If Dogecoin is acceptable for payment it is likely that the price will increase in addition to the BTC and ETH prices, just waiting for its very timely realization. and hopefully not only in America, hopefully in developed and developing countries it will also be used.
Yes, but because of the very large supply of Dogecoin in the cryptocurrency space, I think it will be difficult to increase the price, unlike BTC and ETH and other coins, even if the price can go up, it will not always stay at a high number, especially if it hasn't applied to all countries now. why do you have to think about how to increase the value of the assets mentioned? a means of payment will have no effect when its value does not change. even if what is used is a stable crypto asset I am sure it will be easier to use crypto as a means of payment in a store.
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goaldigger
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May 31, 2021, 01:27:01 PM |
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That's a good news and it really gives a chances to it. But doge should be improved by itself too.
Why does Dogecoin need to be upgraded? Is Dogecoin really useful now that you are expecting an increase in it? Or have you been holding a very large amount of Dogecoin at this point? DOGE can't stay as a meme token and depend on hype forever, there should be a real usage for this or else it'll remain more volatile. A convenience store accepting cryptocurrency in general is a good start for adoption, despite of paying taxes with Crypto income in US, we still see their desire to adopt and to use it on its real purpose. Actually, there's a lot of restaurants and store in my place already accepting Bitcoin its good that we are still free from paying any taxes with regards to cryptocurrency.
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tvplus006
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May 31, 2021, 01:34:00 PM |
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...articularly about dogecoin, what do you guys think can happen to dogecoin if it continues getting this kind of listing in crypto payment.
Such positive news will have a positive impact on the entire cryptocurrency market. And accordingly, such news will have a positive impact on dogecoin, which can lead to an increase in the value of the coin even without Elon Musk shill. But all this will only be possible if the market continues its bull run.
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░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
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