Bitcoin Forum

Bitcoin has become inescapable all around the world. From the headlines in the papers to the top story in tonight’s news coverage, every now and then people talk about bitcoin, be it about a new service that accepts it or a rise or fall in exchange rates.

for me, i will consider it in my business for 3 reasons:

1.  IT’S SIMPLE
2.  IT’S FAST AND SECURE
3.  IT’S CHEAPER


so how about you, mind if you share your thoughts.. it'll be much appreciated.

thanks!

You are absolute right the reasons  that why we care BTC.We must have care about BITCOINS with top priority during business It is our golden gate to becoming successful & get financial freedom. This is right time to invest or hold bitcoins. 

Those 3 points are the reason why business have started adopting bitcoin. This phenomenon will keep growing and we can see more businesses offering support for bitcoin. This will be a win win situation for the sellers and buyers. It will increasing the amount of users for bitcoin, which can lead to price stability. It's good that you have started this thread and I look forward to read more comments and ideas about how any businesses can adopt bitcoin effectively.

Totally agree with your points but you forgot to mention the biggest advantage of Bitcoin which is that there are not chargebacks like in Paypal for example and you won't have to deal with scamming customers and unfair disputes,hopefully, more business owners will see the truth about Bitcoin and start using it as a payment option.

If businesses are going to make use of bitcoins, it means the price of their goods/service will keep fluctuating along with bitcoin. Some might find this a bit stressful.

Because it is the FUTURE.

Bitcoin is the digital money with no inflation. No helicopter money, no QE, no FED, No Yellen, No Draghi, No Shitheads. Only moni which will hold its real value foreva, unlike the useless papers that the bankers can print endlessly.

Regardless the business someone would start , he should always consider Bitcoin or other cryptocurrencies as they offer pseudonymity as users are always more comfortable while they don't provide any real information's like credit cards credentials.

I'm not sure about the simplicity you mentioned, though. I mean if Bitcoin was that easy to use (It is but you should first read about it ) everyone would use it and It's not the case.

Today there are not many original businesses. That means there's competition on the field of my business.
Today Bitcoin will give my business an edge against the competition. Tomorrow I will need Bitcoin to not fall behind. Simple.

I started to see - with much pleasure - that some online stores started accepting Bitcoin in my country.
I will try to buy from them if I need something, just because they accept Bitcoin. Of course, I'll try to buy for Bitcoin.

yes of course we should be more use bitcoin as our financial media. in the development of our bitcoin bitcoin should be more use to make getting bigger.

I am not sure about bitcoin becoming headline news, at least not from where I come from. People would only care about something if it concerns them. And if bitcoin can be introduced properly to the right audiences, I am sure one can think of a way to make profit from it. From local exchanges to opening shops that accept bitcoin, it should be considered an advantage for us early adopters because we can establish a business that we already know much about.

i do agree with you and maybe because above things that people will start talking and using bitcoin even though government doesn't support bitcoin but bitcoin has more popular and growth without government support and maybe the main reason people start use it because using bitcoin is more benefit rather that other currency

I agree that bitcoin is simple, with no chargeback that made him more secure then paypal in my opinion. This are good reasons why someone should decide to move his business on bitcoins, but most important is that bitcoin has a potentially great future. Fiat will stay where it is, but bitcoins and blockchain technology can make a great things in future. Maybe for some businessman that is big opportunity to start something before others do, and that is good advantage for some business.
We speak mostly here about future, bitcoin can make great things, but that doesn't mean that bitcoins is not good now, its perfect. Just people across the world need to find out that.

1. No doubt about that
2. The confirmation time is just fine but not that fast. Still our online banking transactions from bank to bank account is way more instant.
3. Cheaper in fees but not with the retail price since it was just converted.

Anyways out of the topic but may I know where you read those headlines about bitcoin being used now and then? :p

Just like on what you believe, that is also my perspective on bitcoin. In a business sector we should always consider the conveniencecy of the business to the consumer. If the business is very convenient and less hassle then it will become a successful. In related to bitcoin i should always care its because of the capability of bitcoin that brought to thr people's.

Using bitcoin for any business owner is profitable option and also quite secure option. You don't have to worry about POS system slowdown, payment stucked by card providers, printing out bills and keeping record of all receipt etc and other more frustrating steps you have to do when accepting card payments. Simple one tablet with bitcoin wallet installed do all the trick.

You should take the "?" off the OP or reword it.   

As a actual question, it would more like "Should your business care about Bitcoin?"  as a statement, which is what you just attempted to make, remove the question mark.

I think bitcoin is fit for every businesses because it has a safe payment method where everyone can apply their conditions freely

I disagree... Bitcoin is not simple.... not yet any way, we still need the technology to mature. Bitcoin is slow, if you have to wait for a few

confirmations to pay for a cup of coffee. Bitcoin is secure, but the services using it, is not. { eg. exchanges / wallet providers } Bitcoin

can also be expensive, if you have a shitload of dust in your account or if you are using a expensive third party service. { Coinbase }  ::)

Bitcoin is growing!
Partnering up with a growing system gives your company the possibility to grow with it.
That is a big advantage everybody who runs a company should think about.

thats true, but it means that it can make them some good money too, in my opinion its not too big of a problem

Personally, I think that the price of Bitcoin is stable enough that I would have no issue accepting payment in BTC.
If I had any kind of online business I would definitely accept Bitcoin.
If accepting payment in Bitcoins can increase your customer base by even a few people, its definitely worth it IMO.

of course it is stable enough, we dont need for it to be even more stable to be honest because then it would be boring

It can be stable in the future and once everyone starts to use it more commonly, for now the volatility helps to keep people interested and invested in the currency before it takes off. Once it does take off, we'll see a lot more stability (presumably) and that can be when it is used more. Some companies just have to take the first step.

I doubt that it will be mass implemented into business just because of the price rises and drops. I've ask one website admin if they're planing on implementing bitcoin  as a payment option and they've said no because of the price of bitcoin. It needs to get more stable, then people will start implementing it a lot more.

Bitcoin is ideal currency to support new, inovative, high-tech businesses. Many young people when opening they start ups are choosing Bitcoin, at least partialy. But stil because of vulnerability of the price and lack of legal regulations Bitcoin is stil not fuly accepted because in practice people often encounter problems and they can't fuly abandone fiat.

Not only high-tech business could or should adopt bitcoin, i do believe there are already a big number of people using it, lan houses might allow bitcoin as the owners should be connected and know about bitcoin advantages.

Its also not that it has too be stable right now because of the fact that it will be a good investment to make profit with your business.
It does not matter if it will be stable or not stable..

because the system is better than bank, I think we know about this, and if our costumers know it too, then our business will take high profit.

 and the profit will be highest if we can predict the price of bitcoin, it's just kind of strategy the manager uses.

You are right and another reasons, bitcoin is new innovation never exsist before and it will become more popular and will there are many people who use it, it is my chance for use and making investment into bitcoin before the price more going up.

For me i consider using bitcoin because it is
1. it is free to earn and easily to hold.
2. you can use it as currency to do trading investments , and gambling activities
3. it has fast transaction and less fee's you pay for depends on what we are going to do.
4. No one can know your Identity.

If I have a business, And I'm also a bitcoin enthusiast I would really should care about it. But if I have a business and I'm not a bitcoin enthusiast probably there's no reason for me to care about in bitcoin. And yet I'm a bitcoiner it is true that very safe and secured and so simple to use.

Like your thought, all member in this forum are also dreaming to have an online business and will accept bitcoin as payment. But in reality there are few investors only who have their owned online business which they accepted bitcoin as payment.

That's a great start. Business owners need more details!

How is bitcoin more simple than cash?

How is bitcoin faster and more secure when it takes minutes to complete the transaction and the risk of exchange rate fluctuation is high?

How is bitcoin cheaper? Well...it's probably cheaper.

well if you believe you can easily answer those question its just needed to be well explained as we all here believes that this transaction can replaced any online and offline one.

i am agree with you reason but unfortunately we should have to waiting for more years before it can be applied into our business except we start to receive payment with bitcoin. because people will thinking about legacy of bitcoin, people will ask is it good to buy and sell with bitcoin, and maybe they will still comfort by using fiat for the payment.

I think the main reason for any business to take bitcoins is simple. the
more options you give people to pay the more customers and money
you make.

There is a grocery store by my house that doesn't take discover and I don't
shop there because my discover has a great cash back rewards program so I
use it for all my purchases. Them not taking Discover is hurting their business
just like any business that isn't open to taking all forms of payment.

Taking bitcoin can only help and especially with btc because its a growing community
and people support other bitcoin supporters.

The most important reason why a business should consider using Bitcoin, must be that it would open a new income source for sales. You should follow the trends, and the latest trend is Bitcoin. If you have two businesses next to each other and both accept traditional legacy payment methods, but the one also accepts Bitcoin, who would be the business that has the edge over the other one? Obviously the one accepting Bitcoin.

If a Bitcoin customer visit the two companies, and he has to chose which company he will support, which will it be? The one not supporting Bitcoin, or the one that does?

Implemented bitcoin in business sure is a good thing, with the bitcoin simplicity and can be used world wide, it's a good idea to start business using bitcoin, and the secure transaction will enhance the trust of your clients, the problems lies in the speed of transaction and the value exchange, because people still measure their product using fiat

the only downside of it is that sometimes the price of bitcoin is unstable so business like ordering online can benefit of it cause they can just change the price of any items on their list easily . I don't think how can restaurants can do transaction with bitcoin because of the changing price everyday.

I agree with all of your 3 points have you mentioned it. but for the point 2 bitcoin is not enough for completing all of the requirement for becoming the point two because like a confirmation and the volatility is be a different issue.

Well in all honesty it doesn't have much of an effect if your business isn't finance/remittance related. Not a lot of my sales comes via bitcoin, it's just about once or twice a month. This is probably why a lot of merchanys doesn't dwell much on btc.

You have summed up it well in above three points you mentioned.
Yes bitcoin is simple even kids can use it but it is irreversible also which is like two edged sword.
Bitcoin is definitely fast than any other method of transferring money but the wallets where it is kept still need more safety features.
Bitcoin is not cheaper but I assume you mean sending bitcoin is cheaper which is absolutely true