Who Accepts Bitcoin in 2020? (Top Companies) - CoinDiligent

What is the end game?

Personally I'm about 90% confident that mass adoption of BTC or any other crypto as a proper currency (means of exchange, unit of account, store of value) will never happen - have a look at some of my other comments if you want to understand why I hold that view. Last year it was found that the number of retailers accepting BTC was actually decreasing ( https://www.newsbtc.com/2017/07/14/fewer-major-retailers-accepting-bitcoin-sudden/) . I think the market will continue for a period of time as it is today as a volatile, speculative commodity-like instrument, not too dissimilar from online gold trading.
My question is what's the end game? Is the current state a sustainable outcome indefinitely? Will there come a time when the majority of market participants recognise that mass adoption as a currency likely won't ever happen? If so:
1) How long do you think it will take for the recognition to set in? 5 years, 10 years, 20 years? How long does it take to realise that a vision has failed and isn't just waiting to happen?
2) When it happens, what will the equilibrium state of the price chart look like? A drop to zero, or bouncing indefinitely like a headless zombie?
submitted by datageek9 to Buttcoin [link] [comments]

Can't send BTC to Microsoft account

Since Microsoft is one of the major retailers accepting Bitcoin, I thought I would take the opportunity to use some there. However, they provide a payment address with a QR code, and when I scan that code into the Send address on Coinomi, it says there was a problem scanning and won't go any further. Is this related to the BTC/BCH ambiguity? How can I use Coinomi to send Bitcoin to Microsoft? I think they are actually using Bitpay anyway.
submitted by SAFulop to COINOMI [link] [comments]

[America] What types of low-cost activities can i do to help the blockchain/bitcoin network?

I'm relatively new, but i'm not entirely ignorant. How can I both "help" the blockchain and/or bitcoin community? My ultimate goal is to see major retailers accepting bitcoin, or blockchain currencies. Would running a full node with a rasp pi be enough?
What would be enough? I would love to pass out my business card that says "Bitcoin Consultant" and be able to say "yeah you need this and this, i can do that for you for X and X". But really I'd love to have local retailers on the blockchain, but also loving the tech, etc.
submitted by samep04 to BitcoinBeginners [link] [comments]

Major Retailer In Japan To Start Accepting Bitcoin Cash

the other day i was watching this news from u/memorydealers at https://youtu.be/2JYASZZBoFM?t=1644 about a major retailer in japan to start accepting bitcoin cash, and that bitcoin need not apply.
Does anyone have any ideas as to which retailer it is?
thanks
submitted by getrich_or_diemining to btc [link] [comments]

Major Australian Supermarket Chain Now Accepts Bitcoin. IGA is a network of independent retailers comprising over 1400 stores spread all over Australia. Now, these stores are accepting payments in bitcoin and other cryptocurrencies.

Major Australian Supermarket Chain Now Accepts Bitcoin. IGA is a network of independent retailers comprising over 1400 stores spread all over Australia. Now, these stores are accepting payments in bitcoin and other cryptocurrencies. submitted by EducationalLadder to CryptoMarkets [link] [comments]

PSA: The flood of "Major companies (ATT, AMZN) accepting BTC" posts are misleading. DYOR.

TLDR Below.
Ladies and Fellas,
For the past several weeks, Reddit has been bombarded with ads from various "crypto news sources" claiming that companies like ATT and Amazon (Whole Foods) now accept Bitcoin and Cryptocurrency as forms of payment. The dream has come true! Or has it? The method and message these processors are communicating to us is tremendously false and misleading:
First of all, it is important to know that many of these "Crypto News Sites" are pay for play. The articles are written up by special interests (a wallet, a company, etc.), a fee is paid to the "news website," and the article is then posted as news on their feed. It can then appear in the apps we use to track coin prices, RSS feeds, and other avenues of access to the general public under what people assume is "news." These posts are expensive, which explains the massive shill effort taking place.
Now, lets use Bitpay as an example as they have been among the most prevalent in this practice and the most aggressive that I have personally conversed with. Bitpay is a payment processor, similar to Visa or MasterCard, however Bitpay specifically allows payments in Cryptocurrency, in conjunction with whatever else they offer.
When the shillers tell you that ATT or Whole Foods will provide you with a QR code and you send payment to them, the payment address actually belongs to Bitpay, who for a small fee then converts your Bitcoin / Cryptocurrency to fiat and pays the major company in fiat. At no point does ATT, Amazon, or any of these large companies actually handle your Bitcoin. They do not accept Bitcoin or Cryptocurrency at all. The processor does, and these processors are trying to make it seem as if the major retailers do.
That is what really grinds my gears. Many of us are looking forward to the day that OUR actual Bitcoin will be accepted as payment because this act not only validates one of many use cases for Bitcoin, but also signifies a real world functionality for our wallets - introducing a much larger scale of adoption and societal acceptance. These "fake news" sites and posts mislead us to believe that this time has come. It has not. Hopefully one day, but like Arya said "not today."
At no point do any of these companies handle or even deal with Bitcoin or Cryptocurrency. Yes, technically, you can send your Bitcoin to an address and have your bill or statement paid off, but it is not via actual Bitcoin acceptance by one of these major companies. It is via a payment processor who will most likely charge you a small fee (on top of marginalizing the conversion price by a few %) for converting your Bitcoin to fiat and then paying off your bill in fiat. The simple fact that these companies have been trying so hard to make us believe that our Bitcoin is accepted in the manner which they are should be a red flag in and of itself!
Some people may not mind, saying "cool, I can send my Bitcoin to an address and my balance with a major company will be marked as paid." Thats your business and your freedom to do what you want with your $. Others like myself, feel like these processors are communicating false information making it seem like Bitcoin and Cryptocurrency are accepted at 100's of major retailers when in fact fiat is the only thing they do and ever have accepted. This campaign is a grey area lie (for lack of a better term) and it is misleading and untrue. Be careful and DYOR.
TL/DR: The past few weeks, various post have flooded this space claiming Fortune 500 companies and major retailers now accept Bitcoin. They do not and this is a deceiving and misleading statement. ATT and Amazon accept fiat, and these shady processors are trying to fool us into thinking major retailers accept Bitcoin and Cryptocurrency. They accept fiat only at this point. The processors accept our BTC, convert it to fiat, and pay the retailers in fiat. There is no translational increase in adoption or social awareness by any major retailer. Don't get fooled. DYOR.
submitted by Kc_Ryback to Bitcoin [link] [comments]

Major Global Retailers Begin Accepting Bitcoin – Is this why the Price is Rising?

Major Global Retailers Begin Accepting Bitcoin – Is this why the Price is Rising? submitted by cryptokunbo to CryptoMarkets [link] [comments]

We work for a Major Retailer, here's the problem we have with accepting bitcoin, maybe reddit can help us explain a solution to our bosses

Like noted above, I work in the finance function for a major US retailer and am a BTC supporter and owner. A few of us at work have been talking to folks at our organization about what impact accepting BTC could have to our company and how we'd implement such a change. One big issue that keeps coming up is processing merchandise returns.
For example, let's say you buy 1BTC worth of merchandise (think major appliance or something durable, like a refrigerator) when the spot price of BTC is $1000, then our company comes out to install it and all of the sudden it doesn't fit in your kitchen or you as the consumer decide to return it, but today the price of BTC is $900, or $1100. (In the event it's $1100, the customer may return the product for no other reason than they want to get their BTC back because it's worth 10% more, there's a moral hazard there, especially with special orders that take time to process. We'd have no way to prove this was the customer's motivation, the customer is always right.)
If we use BitPay, we get the cash value instantly (which is great, but when they come to return the merchandise, we won't have BTC in an account to give back to a customer so we'll have to purchase BTC at the market rate, which creates additional risk for us. Additional risk is not something that most companies really want to incur at the moment.
So Reddit, we're asking, how can we process returns of merchandise in a way that meets customer needs without creating additional risk for our organization. Without this solution, we'd have to hold off on accepting until the market price stabilizes for some time, which could be a long time, or never (as it's deflationary by nature). This is our biggest hurdle to adoption.
Side note, our security folks love the idea of not having to keep customer payment information for PCI compliance, etc, when processing BTC, so that's an advantage. Think about Target (one of our competitors) and the CC issues recently. These issues are significantly reduced in a BTC world.
Edit: So far most everyone is suggesting we just process returns in $US, which is fine, except that really proves that BTC is not a currency, but a payment method. Either way, that's not a solution, because our bosses will just say to let people get cash for their BTC on exchanges and use that at our stores.
2nd Edit: We have many international operations and have currency hedges to protect us from fluxuations in exchange rates. If this were an option for BTC, we'd be closer to adoption.
3rd Edit: ccyff has suggested giving the costumer an option to purchase BTC price protection which locked the BTC returning price and the price protection cost should be kept in BTC. This seems like a legit option that would allow the customer to protect themselves from $ fluxuations and us as the retailer to be protected against people using us as a de-facto exchange. Seems like a legit idea for discussion.
Final edit: A lot of people think this is a troll post. Alas, it is not, but I have no way to prove that without breaking the confidentiality of my organization. My responses were meant to incite discussion to see if there were any real solutions to our questions and concerns, some of the responses were great, some entertaining, and others, not so much. Anyway, it was appreciated, and we'll monitor the responses over the next few days while we prep our presentation for our superiors.
submitted by BTCRetailerthrowaway to Bitcoin [link] [comments]

Whole Foods and Other Major Retailers Now Accept Bitcoin

Whole Foods and Other Major Retailers Now Accept Bitcoin submitted by Pilsner_Maxwell to CryptoCurrency [link] [comments]

The case against bitcoin

$800 for a digital coin is absurd beyond all tenable logic
let's see..... very few retailers accept it
converting bitcoins to dollars involves a substantial currency/friction risk
market is very illiquid unlike forex which contributes to the market friction
no one gets paid in bitcoins. so even if major retailers accept bitcoin only .00001% of the population will have any to spend with
spending fiat to buy bitcoins so you can shop with bitcoin is redundant
obvious bubble. parabolic chart doomed to crash
not even anonymous. the feds are all over bitcoin now
cumbersome, hard to use for non-tech people, 14 minute delay between transactions
no consumer protection. perfect for scammers
most of the usage here http://blockchain.info/charts/n-transactions is from satoshi dice, wallet transfers, etc and relativity few actual productive commerce
environmental waste from the inordinate power required to mine bitcoins
edit..wow didn't expect post to go viral
edit 2. dropping fast
submitted by dretone to Bitcoin [link] [comments]

Major Global Retailers Begin Accepting Bitcoin – Is this why the Price is Rising?

Major Global Retailers Begin Accepting Bitcoin – Is this why the Price is Rising? submitted by cryptokunbo to CryptoCurrencyTrading [link] [comments]

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin submitted by remivee to tribetica [link] [comments]

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Major U.S. retailers are now accepting Bitcoin and other cryptocurrency

Major U.S. retailers are now accepting Bitcoin and other cryptocurrency submitted by AmySharpton to mashable [link] [comments]

Major Global Retailers Begin Accepting Bitcoin – Is this why the Price is Rising?

Major Global Retailers Begin Accepting Bitcoin – Is this why the Price is Rising? submitted by DCC_Official to altcoin_news [link] [comments]

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin submitted by Ranzware to BitNewsLive [link] [comments]

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin

Whole Foods and These Other Major Retailers Are Now Accepting Bitcoin submitted by n4bb to CoinPath [link] [comments]

France: 25K Major Retail Stores to Accept Bitcoin in 2020

France: 25K Major Retail Stores to Accept Bitcoin in 2020 submitted by cryptosyringe to CryptoCurrency [link] [comments]

[Prediction] One major online retailer begins accepting Bitcoin prior to Cyber Monday (2 Dec), All hell breaks loose, $1000 Bitcoin.

Some major online retailer is going to notice Bitcoin Sales Charts like this one and will begin accepting Bitcoins using a BitPay-type service prior to December 2nd, 2013 (Cyber Monday), and will break records with their online sales.
Of course, it'll take months for them to code and test their online shopping cart to handle Bitcoin in a conservative, big-company fashion.
Who is it going to be? My money is on Best Buy. Those guys have always been leaders in technology, with things like an API for developers.
Are you a kick-ass developer, looking for a project to jump on? Build a Best Buy-to-BitPay interface that can be utilized now, and take it to Best Buy. Tweet these guys and they'll probably be all over it. They are really sharp tech guys!
submitted by 17chk4u to Bitcoin [link] [comments]

Major watch retailer in Miami accepting Bitcoin and other Cryptocurrency

Major watch retailer in Miami accepting Bitcoin and other Cryptocurrency submitted by TheBrokenAsylum to CryptoCurrency [link] [comments]

France sees Acceptance of Bitcoin by 25,000 Major Retail Stores by 2020

submitted by ted_1991 to france [link] [comments]

France: 25K Major Retail Stores to Accept Bitcoin in 2020

France: 25K Major Retail Stores to Accept Bitcoin in 2020 submitted by freewallet_mirra to Freewallet_org [link] [comments]

What Companies Accept Bitcoin? Bitpages.co Testimonial Bitcoin Price SKYROCKETING. Why? You Can Soon Spend #XRP at Amazon and Major Retailers With New #BitPay Integration BITCOIN ATM Makes BUYING and SELLING BITCOIN Simple WHERE CAN YOU SPEND CRYPTO & BITCOIN?

The company started accepting Bitcoin payments back in 2014 at the bottom of the second major Bitcoin bear market and has encouraged its users to make use of BTC ever since. It’s important to note that Bitcoin payments on Newegg are currently only available to customers in the United States. 15. WikiLeaks Note: You can also use Spendabit to find places to buy most items with Bitcoin. Major Retailers Microsoft. Microsoft has been accepting Bitcoin for use in its online Xbox Store since 2014. They temporarily took a pause from accepting it due to the volatility and now again are accepting it strictly for the Xbox store credits.. Bill Gates has commented on Bitcoin many times saying things such as ... 19 Major companies that accept Bitcoin. Here are some of the most popular companies that accept Bitcoin for their services and/or products. 1. Microsoft. Microsoft is one of the first tech giants to accept Bitcoin as an official payment method for some of its top products ever since 2014. By adding Bitcoins to your Microsoft account, you can buy anything from Windows 10 licenses to games ... An American online travel agency, established in 1989 has started accepting Bitcoin through Coinbase and later on changed their payment processor to BTCPayServer. Gyft. Buy & send gift cards online for retailers like Amazon, Starbucks, and iTunes. The company accepts Bitcoin as payment without any additional fees. NewEgg Let’s take a look at 13 major retailers and services that accept bitcoin in 2018. 13. Subway. Subway is yet another one among a great number of services and companies that accept bitcoin. At ...

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What Companies Accept Bitcoin? Bitpages.co Testimonial

You Can Soon Spend #XRP at Amazon and Major Retailers With New #BitPay Integration Narrated by The Cryptocurrency Portal on Mon. Jan. 20th, 2020. If you like... Major online retailer Overstock.com plans to accept bitcoin payments as early as the end of Q2 2014. Yesterday the rumour was officially confirmed by Overstock.com's CEO and chairman, Patrick ... Quick Bit interview with CJ MacDonald at Money 20/20 in Las Vegas. Gyft enables bitcoin users to spend bitcoin at hundreds of retailers who do not accept bitcoin. You can buy gif cards faster ... Download Brave Browser and start earning BAT tokens https://brave.com/cha735 - 13 Major Retailers and Services That Accept Bitcoin https://www.lifewire.com/b... Ledn's first product, Bitcoin-backed loans, gives hodlers access to dollar liquidity without having to sell their bitcoin. This lets you keep the any potential appreciation in your precious bitcoin.

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