Post
Topic
Board Economics
Re: When will more retailers accept Bitcoin
by
Xunloo
on 28/09/2017, 20:30:23 UTC
maybe next year or in 2019-2020 we will have a lot of sellers who accept payment by bitcoin, bitcoin is in the stage of slowly being famous around the world, lets just wait and everyone will notice it since the prediction next year with its value might rose up to 10k$ or even more.

I hope so. That is one og the major problem of bitcoin.
Lacking in merchants and also those shops that accepts bitcoin as a currency.
This should be changed fast. There have been many coins that are being created and they might see it as a better one in terms of payment rather than bitcoin.
It could be popular but after that users could be directed to another crypto like ETH, and LTC.
The more retailers will have bitcoins only when it will become a global currency. The value of bitcoins needs to improve soon and this will make it highly accepted in the global market. Also it wills some high standards of trading and eventually more and more retailers will start thinking about it and will start accepting.
The value of bitcoin doesn't need to rush to improve to just make bitcoin accepted by the other retailers and other businessman. Bitcoin needs to have a stable network and less hassle problems so the retailers and the businessman will accept bitcoin because when there is no issue in bitcoin especially in using it then it will become easy for bitcoin to get accepted worldwide.
I think it does not even have to have a stable network because even without that you can easily predict that bitcoin is going to go very high and you can see that at the charts too.