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    Author Topic: The Best Way To Encourage Offline Store To Accept BTC  (Read 2641 times)

    • Indrawan77
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    July 28, 2016, 01:28:14 AM
     #41
    There are still so many challenges to adapt bitcoin, the first one is the speed transaction, time is a very important things for some people, if i want to purchase 1 things and i need to wait for 3 hours to finish the transaction for sure i won't use it
    The second is the exchange rate the price of bitcoin is not the same for all time, the store will need extra strength to calculate and convert the price
    So i think there is still so many things that need to develop before adapting bitcoin in large scale

  • The Sceptical Chymist
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    July 28, 2016, 01:32:40 AM
     #42
    Quote from: pedrog on July 26, 2016, 12:45:49 PM
    And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.

    Bitcoin is not to be used in that way.
    Very good point, and I have never viewed bitcoin as a currency to buy day-to-day things.  I don't get how folks insist that it be used in restaurants and grocery stores and etc.  It's digital gold.  Digital silver.  It's a store of value to be held onto and bartered with occasionally, like on bitcointalk.  Does anyone else think that?
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  • electronicash
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    July 28, 2016, 01:34:22 AM
     #43
    Quote from: romero121 on July 28, 2016, 01:08:53 AM
    I've seen in many stores, described as we accept credit/debit card. Same manner as an additional payment gateway it can be described bitcoins are accepted. Though you don't get big profit or large number of users in the beginning, when years pass situations gets changed.

    Bitcoin credit/debit card is possible but that is if more and more people get to learn about bitcoin in such town. Maybe if the btc debit card provider massively advertised their services and people respond to it.  problem with such is the anonymity.

  • Hirose UK
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    July 28, 2016, 03:08:19 AM
     #44
    Quote from: pedrog on July 26, 2016, 12:45:49 PM
    And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.

    Bitcoin is not to be used in that way.

    I wonder so. probably it's not good idea to use bitcoin payment on a restaurant because of the long time we need to wait before the transaction is confirmed.

    I prefer to offer bitcoin this way to offline shop that sells stuff except food and drink, maybe book store, clothes store, shoes store or kind of thing.

  • vindicare
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    July 28, 2016, 04:12:15 AM
     #45
    The best way is to have a media covering the Bitcoin everytime so that the influence will spread rapidly . Bitcoin will never win on a Debit/Credit card at this moment but I'm hoping that the time will come that people around the world use Bitcoin .

  • prtty2gal2
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    July 28, 2016, 06:28:13 AM
     #46
    I have actually tried what you did in a somewhat-big-ish store here and after all the talks and all, the response I got was "I'll be looking into it" which of course, what I was definitely going to get and it's only been nearly a week since I did that.

    I'm not optimistic but I really do hope they would. I'm guessing they are still either looking into it whether they would profit or not.

  • BitcSeo (OP)
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    July 30, 2016, 09:05:24 AM
     #47
    Quote from: romero121 on July 28, 2016, 01:08:53 AM
    I've seen in many stores, described as we accept credit/debit card. Same manner as an additional payment gateway it can be described bitcoins are accepted. Though you don't get big profit or large number of users in the beginning, when years pass situations gets changed.

    As a creator/inventor, one way to convince people to believe in a specific product or service is to INVENT REASON why they should use this over the other by outlining the benefit to them.

    Year's back, i still remember a staff at local bank who almost call security agency because i explained to her that my bank account has been linked to my paypal account online!

    *As a computer repairer & spare part reseller, i've spent more time explaining the benefit of a specific computer parts (product) to offline customer's. And in most cases they just got convinced and purchase the product/service.

    ☞Sometime's, marketing it's ALL about the person behind a specific product & service and not necessary where you meet the customer.

    Thanks
    Bitcseo
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  • BitcSeo (OP)
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    August 01, 2016, 11:45:49 AM
     #48
    Quote from: prtty2gal2 on July 28, 2016, 06:28:13 AM
    I have actually tried what you did in a somewhat-big-ish store here and after all the talks and all, the response I got was "I'll be looking into it" which of course, what I was definitely going to get and it's only been nearly a week since I did that.

    I'm not optimistic but I really do hope they would. I'm guessing they are still either looking into it whether they would profit or not.

    @prtty2gal2, Good job!

    There is no harm in trying.
    Myself, i got ONLY 2 positive response out of 15 people in whom i've discussed so far.

    Based on this statistic, i think it's NOT i waste of time since, the other 10 people said they'll get in contact with me when they are ready to handle such virtual currency, the 3 manager's responded negatively. so, i guess they have little or no interest.

    ☞So, far i'm motivated to keep up with the experimentation.

    Thanks
    Bitcseo
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  • countryfree
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    August 01, 2016, 10:34:02 PM
     #49
    Quote from: prtty2gal2 on July 28, 2016, 06:28:13 AM
    I have actually tried what you did in a somewhat-big-ish store here and after all the talks and all, the response I got was "I'll be looking into it" which of course, what I was definitely going to get and it's only been nearly a week since I did that.

    I'm not optimistic but I really do hope they would. I'm guessing they are still either looking into it whether they would profit or not.

    Interesting. For info, what kind of stuff is that store selling? I can't imagine getting a soda and paying with BTC, but I could probably consider it to buy some large appliance, or anything above €250.
    I used to be a citizen and a taxpayer. Those days are long gone.

  • DOGE12321
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    August 02, 2016, 01:02:49 AM
     #50
    I think the main problem would be the long transaction times. If something is done to decrease it then your suggestion may work.  Smiley

  • bravehearth0319
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    August 02, 2016, 01:09:52 AM
     #51
    It will be very diffiicult to encourage offline store to accept bitcoin(BTC), Because we all know that it needs an active network connection for us to gain bitcoins. And I think the best way for the meantime to encourage them is we must use altcoins first as a tool for them to avail bitcoin. atleast in some other way we can use altcoins anyway for offline transactions it will depend on us how are we going to explain to them the benifits of it once it is converted into bitcoins. Wink

  • relq
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    August 02, 2016, 01:14:33 AM
     #52
    Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.

  • bamboylee
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    August 02, 2016, 01:44:40 AM
     #53
    Quote from: bravehearth0319 on August 02, 2016, 01:09:52 AM
    It will be very diffiicult to encourage offline store to accept bitcoin(BTC), Because we all know that it needs an active network connection for us to gain bitcoins. And I think the best way for the meantime to encourage them is we must use altcoins first as a tool for them to avail bitcoin. atleast in some other way we can use altcoins anyway for offline transactions it will depend on us how are we going to explain to them the benifits of it once it is converted into bitcoins. Wink

    I do not understand this. Are altcoins not using internet connection to make transactions? Why do you have to use altcoins to introduce bitcoin? In my understanding, altcoin and bitcoin are basically the same, only different model. IF you want to introduce it to merchandizers, introduce bitcoin to stores accepting credit cards. They already have the infrastructure needed for bitcoin transactions.

  • bravehearth0319
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    August 02, 2016, 06:00:38 AM
     #54
    Quote from: bamboylee on August 02, 2016, 01:44:40 AM
    Quote from: bravehearth0319 on August 02, 2016, 01:09:52 AM
    It will be very diffiicult to encourage offline store to accept bitcoin(BTC), Because we all know that it needs an active network connection for us to gain bitcoins. And I think the best way for the meantime to encourage them is we must use altcoins first as a tool for them to avail bitcoin. atleast in some other way we can use altcoins anyway for offline transactions it will depend on us how are we going to explain to them the benifits of it once it is converted into bitcoins. Wink

    I do not understand this. Are altcoins not using internet connection to make transactions? Why do you have to use altcoins to introduce bitcoin? In my understanding, altcoin and bitcoin are basically the same, only different model. IF you want to introduce it to merchandizers, introduce bitcoin to stores accepting credit cards. They already have the infrastructure needed for bitcoin transactions.
    [/quote

    I'm not saying that altcoins is not using internet connection to make transactions, and its true that altcoins and bitcoins are basicaly the same.  For what I'm trying to say, is that here in my country many people are lack of knowledge when it comes to digital currency like bitcoins. So I've been thinking about an idea that I can use altcoins to explain them as a token that can be turn into a real money, perhaps you wont understand my way how am I gonna convince the store to accept bitcoins, Just simple altcoins is just a bridge for me for them to understand what bitcoin is all about. Cheesy

  • Betwrong
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    August 02, 2016, 08:23:21 AM
     #55
    Quote from: ETFbitcoin on July 26, 2016, 01:21:38 PM
    Quote from: pedrog on July 26, 2016, 12:45:49 PM
    And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.

    Bitcoin is not to be used in that way.

    Just ask the stores to accept zero confirmation and use 3rd party services such as BitPay if necessary.
    Or wait till bitcoin network ready to handle more transaction before we encourage more shops to accept bitcoin.

    I think if stores want to do business they should accept zero confirmation. I was always wondering how much do they really risk to lose when accepting zero confirmation? I may be wrong but I think - nothing really. All transactions made by regular people buying goods get confirmed sooner or later, right?
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  • beerlover
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    August 02, 2016, 09:34:59 AM
     #56
    Quote from: relq on August 02, 2016, 01:14:33 AM
    Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.
    Only problem that they may have to face most commonly is the long confirmation times needed to actually have a safe transaction (even with a higher fee, if a new block get generated after 30 minutes or 40 minutes gap). Although they may use bitpay for btc-fiat conversion but there would be certain fees to pay though.

  • pedrog
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    August 02, 2016, 09:51:03 AM
     #57
    Quote from: Betwrong on August 02, 2016, 08:23:21 AM
    Quote from: ETFbitcoin on July 26, 2016, 01:21:38 PM
    Quote from: pedrog on July 26, 2016, 12:45:49 PM
    And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.

    Bitcoin is not to be used in that way.

    Just ask the stores to accept zero confirmation and use 3rd party services such as BitPay if necessary.
    Or wait till bitcoin network ready to handle more transaction before we encourage more shops to accept bitcoin.

    I think if stores want to do business they should accept zero confirmation. I was always wondering how much do they really risk to lose when accepting zero confirmation? I may be wrong but I think - nothing really. All transactions made by regular people buying goods get confirmed sooner or later, right?

    That's just giving free stuff away.

    No one should accept 0 confirmation payments, well, you can but you'll end up scammed.

  • Schuyler
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    August 02, 2016, 09:55:06 AM
     #58
    Quote from: beerlover on August 02, 2016, 09:34:59 AM
    Quote from: relq on August 02, 2016, 01:14:33 AM
    Give the offline store some insight about bitcoin and the future of bitcoin and the future of their shop if they accepting bitcoin. Accepting bitcoin will be a good move for offline store imo.
    Only problem that they may have to face most commonly is the long confirmation times needed to actually have a safe transaction (even with a higher fee, if a new block get generated after 30 minutes or 40 minutes gap). Although they may use bitpay for btc-fiat conversion but there would be certain fees to pay though.
    Yes, the time it takes for transactions to be confirmed surely doesn't help bitcoin's cause. There must be a way to make transactions faster without making the fees go higher. That and a better way of encouraging more shops to accept bitcoin would certainly boost transaction counts and offline stores accepting bitcoin.

  • Mr.grin
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    August 02, 2016, 10:03:22 AM
     #59
    I guess the best way to encourage offline stores accept bitcoin is a way to introduce the store with bitcoin. Well, by getting to know the system and how bitcoin, the store owner would certainly use bitcoin, especially if he is to raise the price if the person wants to buy something using bitcoin. if I have a shop, I would accept bitcoin.

  • BitcSeo (OP)
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    September 01, 2016, 11:22:38 AM
     #60
    Quote from: Mr.grin on August 02, 2016, 10:03:22 AM
    I guess the best way to encourage offline stores accept bitcoin is a way to introduce the store with bitcoin. Well, by getting to know the system and how bitcoin, the store owner would certainly use bitcoin, especially if he is to raise the price if the person wants to buy something using bitcoin. if I have a shop, I would accept bitcoin.


    @Mr.grin, thanks for your contribution.

    Mr.grin as someone who own a physical store do you think we could see this happening in future? i mean customer's walk in to offline store to purchase product, log-in to bitcoin account to conclude this transaction with payment via bitcoins!

    Personally, it will be great when the use of bitcoins get's to this level.

    We'll keep creating such awareness. Also, i noticed paypal is unsatisfied with MOST account  holder's who ONLY log-in to their paypal account once or twice in a month for transaction. They are expecting more from their customer's just the way they normally use their VISA/MASTER CARD.


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