Bitcoin Forum
October 17, 2018, 04:32:59 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2014-06-09] CD: Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fia  (Read 607 times)
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
June 09, 2014, 09:59:37 AM
 #1

Malaysian Online Retailer Accepts Bitcoin, Won’t Convert to Fiat Currency

http://www.coindesk.com/malaysian-online-retailer-accepts-bitcoin-wont-convert-fiat-currency/

1539750779
Hero Member
*
Offline Offline

Posts: 1539750779

View Profile Personal Message (Offline)

Ignore
1539750779
Reply with quote  #2

1539750779
Report to moderator
1539750779
Hero Member
*
Offline Offline

Posts: 1539750779

View Profile Personal Message (Offline)

Ignore
1539750779
Reply with quote  #2

1539750779
Report to moderator
1539750779
Hero Member
*
Offline Offline

Posts: 1539750779

View Profile Personal Message (Offline)

Ignore
1539750779
Reply with quote  #2

1539750779
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bryant.coleman
Legendary
*
Offline Offline

Activity: 1946
Merit: 1011


https://karatcoin.co


View Profile
June 09, 2014, 10:19:01 AM
 #2

This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate.  Grin


  █ █████       ▄████▀▄██▀
  █ █████     ▄████▀███▀
  █ █████    ████▀███▀
  █ █████  ▄███▀███▓
  █ █████▄███▀████▀
  █ ███████▀████▀
  █ █████▀▄█████▄
  █ ███▀▄█████████▄
  █ █▀▄██ ▀█████████▄
  █ ▄████   ▀███████▀█▄   
  █ █████     ▀███▀▄████▄
  █ █████       ▀▄████████▄
                   
                    █████                   
                ▄███  █  ███▄               
             ███      █      ███             
         ▄███         █         ███▄         
       ██    ███████████████████    ██       
    ████            ██ ██            ████   
    ██             █     █             ██   
    █ █           █       █           █ █   
    █ ██         █         █         ██ █   
    █  ██      ██           ██      ██  █   
    █   ██    ██             ██    ██   █   
    █    ██  ██               ██  ██    █   
    █     █ ██                 ██ █     █   
    █     █████████████████████████     █   
    █  ███  ██                 ██  ███  █   
    ███       █               █       ███   
      ███      ██           ██      ███     
         ███     █         █     ███         
            ▀███  ██     ██  ███▀           
                ▀████   ████▀               
▀███▀
                 
██
██
██
██
██
██
██
██
██
██
██
██
██
kjlimo
Legendary
*
Offline Offline

Activity: 1792
Merit: 1002


View Profile WWW
June 09, 2014, 06:24:34 PM
 #3

This is good for everyone. Retailers in Malaysia gains, as they can now shop with Bitcoins. Bitcoiners everywhere else also gains, as the coins used for shopping will be taken out of trade, thereby increasing the Bitcoin exchange rate.  Grin

Amen!  to da moon

We'll see how long before a country starts to embrace bitcoin as a currency.

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
June 09, 2014, 07:23:01 PM
 #4

Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

okthen
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
June 09, 2014, 09:27:16 PM
 #5

Now the only thing we need is people with the same balls as this guy.
He'll make much more money than if he'd sell for fiat.
kjlimo
Legendary
*
Offline Offline

Activity: 1792
Merit: 1002


View Profile WWW
June 10, 2014, 01:06:39 AM
 #6

Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
June 10, 2014, 02:12:31 AM
 #7

Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

 Cheesy Sorry I am getting a bit impatient.  Grin

bryant.coleman
Legendary
*
Offline Offline

Activity: 1946
Merit: 1011


https://karatcoin.co


View Profile
June 10, 2014, 04:49:15 AM
 #8

Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

The owner (Mart Tang) is investing in Bitcoins. So it will be to their advantage if a large number of their customers shift to Bitcoin, there by increasing the exchange rate.  Grin


  █ █████       ▄████▀▄██▀
  █ █████     ▄████▀███▀
  █ █████    ████▀███▀
  █ █████  ▄███▀███▓
  █ █████▄███▀████▀
  █ ███████▀████▀
  █ █████▀▄█████▄
  █ ███▀▄█████████▄
  █ █▀▄██ ▀█████████▄
  █ ▄████   ▀███████▀█▄   
  █ █████     ▀███▀▄████▄
  █ █████       ▀▄████████▄
                   
                    █████                   
                ▄███  █  ███▄               
             ███      █      ███             
         ▄███         █         ███▄         
       ██    ███████████████████    ██       
    ████            ██ ██            ████   
    ██             █     █             ██   
    █ █           █       █           █ █   
    █ ██         █         █         ██ █   
    █  ██      ██           ██      ██  █   
    █   ██    ██             ██    ██   █   
    █    ██  ██               ██  ██    █   
    █     █ ██                 ██ █     █   
    █     █████████████████████████     █   
    █  ███  ██                 ██  ███  █   
    ███       █               █       ███   
      ███      ██           ██      ███     
         ███     █         █     ███         
            ▀███  ██     ██  ███▀           
                ▀████   ████▀               
▀███▀
                 
██
██
██
██
██
██
██
██
██
██
██
██
██
erono
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
June 10, 2014, 05:13:19 AM
 #9

The CEO of Malaysian Online Retailer has been a big time supporter of bitcoin for a long time and he's able to absorb the risks.

kjlimo
Legendary
*
Offline Offline

Activity: 1792
Merit: 1002


View Profile WWW
June 10, 2014, 06:57:13 AM
 #10

Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

 Cheesy Sorry I am getting a bit impatient.  Grin

I forgive you... you know what they say "Rome wasn't built in a day" Cheesy

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
June 10, 2014, 07:25:41 AM
 #11

Now if they can convince their suppliers to do business in bit coin as well we are getting somewhere.

What do you think this is, 2016?

 Cheesy Sorry I am getting a bit impatient.  Grin

I forgive you... you know what they say "Rome wasn't built in a day" Cheesy

Actually I should be patient, it will be a lot harder to come by as the value rises.

dockster
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
June 10, 2014, 12:39:13 PM
 #12

They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?
bryant.coleman
Legendary
*
Offline Offline

Activity: 1946
Merit: 1011


https://karatcoin.co


View Profile
June 10, 2014, 01:53:25 PM
 #13

They are surely brave compared to other retailers who are actually taking fiat. What is the size of the BTC market there though?

The Bitcoin sector in Malaysia is quite small, but very active. There are multiple Bitcoin ATMs located in Malaysia, and the so-called Bitcoin capital of Asia (Singapore) is just across the strait.


  █ █████       ▄████▀▄██▀
  █ █████     ▄████▀███▀
  █ █████    ████▀███▀
  █ █████  ▄███▀███▓
  █ █████▄███▀████▀
  █ ███████▀████▀
  █ █████▀▄█████▄
  █ ███▀▄█████████▄
  █ █▀▄██ ▀█████████▄
  █ ▄████   ▀███████▀█▄   
  █ █████     ▀███▀▄████▄
  █ █████       ▀▄████████▄
                   
                    █████                   
                ▄███  █  ███▄               
             ███      █      ███             
         ▄███         █         ███▄         
       ██    ███████████████████    ██       
    ████            ██ ██            ████   
    ██             █     █             ██   
    █ █           █       █           █ █   
    █ ██         █         █         ██ █   
    █  ██      ██           ██      ██  █   
    █   ██    ██             ██    ██   █   
    █    ██  ██               ██  ██    █   
    █     █ ██                 ██ █     █   
    █     █████████████████████████     █   
    █  ███  ██                 ██  ███  █   
    ███       █               █       ███   
      ███      ██           ██      ███     
         ███     █         █     ███         
            ▀███  ██     ██  ███▀           
                ▀████   ████▀               
▀███▀
                 
██
██
██
██
██
██
██
██
██
██
██
██
██
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!