Credit RatingDigital TrendsCredit CardsEntrepreneurshipInvestingHeavy MetalInteresting StuffBlack FridayFinanceForwardBitcoin had its own Black Friday - interesting #infographic on results.See MoreBlockchain voting app to weigh in on hard fork • IHB News™ApplicationsHeavy MetalForksFinanceDataForwardNew open-source shareholder-style blockchain voting app allows Bitcoin holders to vote on development issues without coins ever leaving their wallet.The RiseBit CoinsWeb 2FallLinuxAccountingMoneyPostWriting IdeasForwardHeard of Bitcoin?&utm_campaign=bufferSee MoreBitcoin CurrencyBitcoin WalletBitcoin MiningBit CoinsInfographicsEarth BabyBusiness IntelligenceWedding DjBest PracticeForwardHow Secure are Bitcoins?See MoreBitcoin WalletMoney ManagementCompanii MiciThe FutureFuturamaEinsteinCodingEconomicsThe GoodForwardbitcoin-infographic-the-good-the-bad-and-the-futureSee MoreInteresting StuffInfographicsProgrammingBit CoinsCentral BankTechnologyWhat IsTo FightComputersForwardBitcoin, la monnaie électronique qui monte [Infographie]See MoreLo que necesitamos saber sobre los BitCoins en una infografía en españolBitcoin MiningInternetInfographicCommerceBit CoinsThroat ProblemsState Of The ArtMarketing DigitalOpen SourceForwardSi aún no sabes de qué va eso de las #bitcoins, aquí tienes una infografía que ayudará a entenderloSee MoreBit CoinsBitcoin MinerA GroupSome PeopleInfographicComputer JokesMobstersThanks For SharingWhat IsForwardFor the people that still think Dogecoin is just a joke, the cryptocurrency already outperformed the world’s most famous digital currency.

On December 20, the total number of transactions involving…See MoreJean ProuvePhillipeInfographicsCareerThe FutureFreedomCommentForwardThe future of cryptocurrencies: Bitcoin and beyond : Nature News & CommentSee MoreBitcoin MiningGuideTo GetDr.See MoreComputer ScienceComputer CodingComputer TipsInfo GraphicsSoftware DevelopmentSoftware TestingWebdesignTechnologyThe HistoryForwardThe History of Programming Languages #Infographic | In 1883, Ada Lovelace was credited with creating the first computer programming language.She wrote the algorithm for the Analytical Engine (early mechanical computer).Where would we be with out this Luna Girl?See MoreThe history of money: from barter to bitcoinBitcoin MinerThe HistorySaving MoneyBarterInvestingMarketing MailBest UpsNews FinanceVisualisingForwardThe history of money: from barter to bitcoin - TelegraphSee MoreBitcoin MiningInfographicsWhat It TakesCodingJanoBusiness IntelligenceDogeJust BeEmail MarketingForwardThink You Can Mine Bitcoin?Ok, Here's What It Takes!

/infographics/15-an-introduction-to-the-rise-of-bitcoins #btcSee MoreBitcoin MiningInfographicsBitcoin CurrencyThe EvolutionRolexCodingInvestingFor EveryoneFarmersForwardBitcoin: The Digital Currency Invented by Thomas Edison?ethereum business ideas(Infographic) image bitcoin 9003See Moreethereum business ideasThis is Part Two of a three-part series aimed at learning more about the merchants who accept bitcoin and support the wider digital currency ecosystem.bitcoin price tickerThe results are based on a survey issued 17th March that received more than 200 responses.litecoin guidePart One of this series sought to better define the merchants who are taking part in the bitcoin ecosystem.bitcoin join mining pool

In the first installment of our merchant survey, we uncovered that the majority - 59% - of merchants are accepting bitcoin to better support the bitcoin ecosystem.However, the bigger takeaway from this statistic is that the main driver of bitcoin adoption is not its cost-cutting benefits when compared to traditional financial tools.get paid bitcoins to play minecraftWhile bitcoin benefits from adding like-minded merchants to the ecosystem, the true expansion of bitcoin as a currency and payment method will likely rest on convincing those who may not believe fully in bitcoin's underlying political motivations and ideology.bitcoin core vs classicAs such, it's arguable that the most important question when it comes to merchant expansion is, if the savings bitcoin provides isn't a major factor: Do merchants that accept bitcoin see a sales increase for doing so?bitcoin and capital gains tax

And if so, do they make enough to convince those who might have reservations about joining the movement?To date, we know that major retailers are achieving this result.Online retail giant Overstock topped $1m in sales in just under two months of accepting bitcoin, and TigerDirect followed suit, passing this milestone in a similar timeframe.easy bitcoin mining software windowsWhat isn't clear, though, is if smaller and mid-size merchants are achieving similar results.In Part Two of this series, we’ll seek to examine more broadly how merchants are accepting bitcoin and what their success to date has been.In total, our survey found that 24.5% - or roughly one-fourth - of respondents indicated that more than 10% of monthly sales are attributable to bitcoin purchases.It's important to note that an unknown number of these respondents are likely bitcoin-only businesses, but that we do know that some merchants are achieving similar results even when accepting fiat currency.

The majority of merchants (56%), however, say that bitcoin is attributable to 0% to 2% of their total monthly sales.Percentage of Monthly Sales Attributable to Bitcoin | CoinDesk The graph also shows that about one-fifth of merchants see a sales increase of between 3% and 10%, Though, it should be noted that Part One of our survey showed half of respondents have only been accepting bitcoin for under three months, meaning this figure may be due to the initial bump in sales most merchants report.44% say it's 'very easy' to accept bitcoin The survey also asked merchants to rate how difficult it was to start accepting bitcoin, and in the process debunked a long-standing myth that accepting bitcoin is an onerous process.Overall, 42.7% said it was 'very easy' to begin accepting bitcoin, while an additional 35.39% said it was 'easy'.Just 1.12% reported that it was 'difficult' to begin accepting the digital currency.How Difficult Was it to Start Accepting Bitcoin?| CoinDesk On a scale of one to 10, with 10 representing the highest difficulty, respondents, on average, reported that accepting bitcoin had a difficulty level of 2.