Bitcoin Forum

Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat?

Could this represent a good business model for a small store with an online only presence?

There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc.

Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business?

 ???

There are numerous retailers which accept cryptocurrencies only for their goods and services and i am listing few of them below.
https://bitcoinshop.us has been a strong beleiver of bitcoin from its starting. This eshop is live since july 2014.
Users living in USA continent can order electronic goods,make up items and many more and can make payments in three major cryptocurrencies.
http://memorydealers.com sells a wide range of computer hardware equipments. Both accepting bitcoin as well as other altcoins

Crypto means business now and soon. Everything will start from bitcoin, altcoin will be selected. This is what i see. Thanks ;)

Yup bitcoin will be used for regular transactions with few more alt-coins, although many alt-coins are made for certain target-users like Enjin coin is specifically made for gaming community for in game transactions.

Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.

No imo it's forcing all of your customers to use bitcoin just so they could buy your product/service and it can be costly on the fee's if you're looking to spend $10 or less in every transaction. Having a wide range of payment method is better than limiting it to one because it can encourage sales and gives more options to your customers.


h0lybyte already mentioned a couple of them.

Dude check in purse io. Here you can access with the bitcoin any fiat options too. Via this site, you will be able to purchase any things in Amazon.com and you will be able to get this discount for using the bitcoin payment here.
Additionally you will get the credits for accessing next time while purchasing things in this site.
Bitshop is the place you can access only with bitcoin bro. Now most of e store people are looking into add the bitcoin payment API to their cart, soon will find many sites.

From my perspective, no. But theres a case to argue for some of the altcoins you posted because they are reaching the same critical mass as BTC did in its early years.

I am a Burst supporter myself but its accepted only in Bitlser. At least it has that.

If you accept ripple you're going to accept fiat. It's the same thing but one is more volatile.

Eth isn't a currency. The sooner people realize that the better. Doesn't affect me in any way. I don't invest in infinite supply shitcoins.

Doge - see the last sentence of eth lol.

BCH, the blocks are all over the place so good luck with that. It could take a day to get enough confirmations to send out the product to the client.

LTC and DASH could be smart options though.

I'd support any business that accepts crypto only, assuming I need what they're selling of course. Any stupid Tupperware-type pyramid scheme would be avoided.

Yes! The Bitcoin is used for Regular transactions like for buying the luxury items, goods and services and many more.

Besides the obvious illegal items such as drugs that can only be bought with Bitcoin and through Tor, I have seen a couple of VPN providers and server/web hosting providers that only take Bitcoin, but other than that, they never stood out to me as special or gave me any reason to remember them. Limiting a service payment to Bitcoin only does not attract Bitcoin users more than anything else (although other things like full anonymity might). Instead, it only limits your consumer base and sales. At the moment there are many more items that are exclusive to buy with fiat than there are to buy with Bitcoin, but that is to be expected given that Bitcoin is still growing and is not yet anywhere close to the size of currencies such as the dollar.

Yes, it is,
Nowadays Bitcoin is accepted by some of the popular sites and some big multinationals companies. but I haven't noticed any retailer shop which accepts Bitcoin as a payment tool. but day by day the time is being changed in terms of Bitcoin. day by day Bitcoin is becoming a popular platform along with a profitable system.
it can also be used for the purpose of illegal activities. since Bitcoin is an anonymous platform so it can be used whatever you want especially in the business purpose.

I guess no service or business would tend just to accept bitcoin or crypto purely which there would be always a fiat when it comes to payment.They cant risk on accepting only digital currency since those business owners are really aware on whats the risk behind it and speaking with the market or making use of altcoins I would say this would really takes time on which alts would be considered to be used as a payment.If they would able to achieve on the thing on what bitcoin did able to reach then for sure it is really possible but now its still too young but the next candidate on my mind would really be on ETH.

I don't think it should be a bitcoin only business. Don't get me wrong, I'm a true believer of bitcoin, and I really hope to see more and more merchants using bitcoin on their services, either online or in a physical shop. The problem is that the network is still not mature enough for that. It will get there, but it would be better for your business to accept some alts and fiat as well.

We all know that the principal problem with bitcoin and the blockchain right now is it's scalability. Bitcoin can handle something like 3 transactions per second. If you want to have a business, specially an online one, I'm sure you want a thousands of customers (even though you said a small shop, but since it's online, it should be achievable). You will want to be fast responding to their needs and purchases, so I think that right now, you need more options than just bitcoin. I heard NEO can handle around 1K transactions per second, or why not Dash, since it's main purpose is to facilitate online payments.

Finally we are still not in massive adoption yet, so not having fiat could be bad to your business. I really think that you should offer multiple types of payment if possible.

These retiles are not really sufficient and the profit of the bitcoin will be high if the best source of the income will be applied for the increasing income of the bitcoin I am going to invest the high money I the bitcoin to get the good service for the increasing price of the bitcoin, I love to be the bitcoin user and the money through the bitcoin will give me the unstoppable profit indeed.

If for you, that is your strategy then its fine as long as you are profitting from it. But we all have different strategy and sometimes just having one income is not a smart strategy if you want to make more money. At least op is finding other coins which is maybe tough considering it is not in the hourly basis that altcoins price is changing. The only thing good about btc is it is always moving but altcoins can also be a big profit in a long term investment.

Nowdays altcoins price falls to well, if we invest the money in altcoins you are in high risk buddy. I think you are not checking the difficulty graph of any coin in the coinmarketcap chart. Thus bitcoin is the only hope for all to find the profit. So you should be hold the bitcoins for some years.
That holding will give the profit that you wish to invest on altcoins.

As the bitcoin keeps growing, it looks like that the value of altcoins have decreased. It seems that the value of every altcoins were almost similar when considered in terms of dollar. Holding bitcoin is always a profitable asset, but with altcoins it has higher risk of profiting where lucky people get bigger benefits.

I think there are still allot of places where Bitcoin needs to grow so I guess a website like this will struggle a bit right now but approximately in one year this will become a hit and those who started will make a fortune.

anyone who starts doing a job with bitcoin income,
within a year it is certain that bitcoin will be able to achieve success with high price growth and perhaps within the next one year will be doubled from the current bitcoin price.
therefore from time to time there will be no belated belief to learn bitcoin

We sell Bitcoin themed goods, art and physical coins for Bitcoin only.

www.physibit.com

Viz

I never heard of anything that you can only buy with cryptocurrencies actually I have not seen anyone accepting any altcoin in my region very few of them accept BTC as a payment option and there were more payment modes with Bitcoin, I would love to see stores experimenting altcoins as a payment option.

There are presently so many of them and more are springing up by the day. I have no idea how the market is fairing for them, but I am sure if it is not doing good, most of them would have closed up and reconsider by now. It is a good thing having full crypto only store for ecommerce and it is really going to be pretty awesome seeing people have the chance to make use of their coin to purchase things like in the real world/ecommerce world raided with fiats.

However, if considering alts, it is necessary to consider how fair enough they have been in the market, but having so many of them at once, I feel will be too much. Probably, it is best if just concentrating on only 5 with good support.

We are gradually getting there and I see so many of this springing up as time goes on. A lot of merchants and even the newbie merchants are seeing where crypto is headed and surely, will make a good impact in the ecommerce industry. So, those who can start now, even with alts, will really be making themselves the early ones in the crypto market scene.

Once there is a lot of this kind of store bitcoin price will go high.

OP need to know the retailers which accepts bitcoin as the only payment method not as an alternative payment method.
I have checked your stated shop i.e bitcoinshop.us but it doesn't seems as an e-shop/store and the memorydealers.com is accepting bitcoin as an alternative payment method not the only payment method.

The Unlock the private key art picture is very nice, any idea who painted it?
I have a similar picture and I am curious where did it came from.
Anyway, just to try your shop, I am about to order a paper cold storage wallet, will update here with a feedback,good luck!

There are some business that only accept bitcoin but most of the time they are related to bitcoin, most business even if they accept bitcoin will accept paypal and other forms of payment for the simple reason there are not enough people interested in bitcoin willing to pay for their products and services so even if they started like that they end up accepting fiat.

Paypal payment is the other thing while the bitcoin payment is the separate thing so for me bitcoin has the large circle and the huge information for all the people. The paypal and the other payment are the other source for the online payment, I use to get the daily shopping in the bitcoin site and the rough sites are here for the bitcoin payment and best thing about the bitcoin is the paypal and other bitcoin payment.

I would really appreciate if there is any in my locality but it's really difficult to get one. The only place I see it happening will be countries where the popularity of bitcoin has reached a point where entrepreneurs can have a move to establish their project and because of the popularity, there is hardly need to do much publicity as the market is already aware of bitcoin.

Over here on the otherhand, the market is not there yet as the first few years will be about enlightening the entire populace and if the money is not coming in fast, business cash flows runs into problem, the end is in sight. But this is a fertile ground to be assessed because buying from abroad will make it more expensive.

Without disclosing my specific location, I can tell you that here where I live in the eastern side of the United States there are various Bitcoin-accepting retailers in a certain part of the city. However, these are mostly just local stores-- I have yet to see a franchise or a branch of a big store such as a Target accepting Bitcoin. Hopefully, this will change some time in the near future.

Bitcoin is future currency it will improve the country future and people growth. It good to use for the future saving and investment. You will learn more information form bitcoin. It good opportunity for the growth your future and improve your self confidant. Bitcoin is prices in day by day change and country accept the bitcoin legal wise. You will use the bitcoin any where and any time it will good to for transaction process.   

bitcoin is online digital money. it can never seen us. but it has great demand compare to paper currency. most of the people interested to use of bit coins. present generally more people buying bit coins for they needs. bit coin has great demand in the future. it is easy to earning so for that reason every one want to get bit coin. every day in the market buying and selling has been going. so most of the people try to buying it. who had bit coins they was really very rich people in the world.with the use of bit coin we have to buy and sell anything in the world.

I strongly believe in Bitcoin only stores, but do believe they are a bit premature. Here's why:

Bitcoin must first become a true medium of exchange(or currency). At the moment, because of its volatility, it is treated more as a commodity.

Commodity currencies have proven better time and time again, but due to greed and practicality, Fiat money is king. Now, Bitcoin has solved the traditional problems commodity currencies have faced, like scarcity, divisibility, convenience, etc.

BUT, here's the good news:

According to Austrian Economics, a commodity that comes into general use as a medium of ex­change is money. The concept of a "medium of exchange" is precise. But when exactly comes a medium of exchange into "common" or "gen­eral" use is not strictly definable.

So it is definitely the future. At what point it happens, and how it happens remains to be seen.

it depends on what business you want to launch, I think receiving payment using cryptocurrency is very suitable applied for business or online store. You will have many customers from this community if the goods you sell can easily attract people and friendly prices. Delivery throughout the country should be available if you want to open an online store by receiving payment from bitcoin.

And that is where you should see business opportunities in your locality. You would have appreciated having something like that in your locality and then imagine the number of people in your locality that would have appreciated having something like that too. Why not start up something similar and then target your local area and see yourself earn a lot from there.

Business oppurtunity with bitcoin cannot be find any location but the normal business can be done yourself or anyone. If you want to start your business in your location with you need to spread the bitcoin and its features to the people. Then you will be able to use the business as payment option, investment based business like trading or mining also possible.

Mate! That is a start. It is always from somewhere and then we start seeing more merchants and stores adopting it.

The fact that your local stores in your area are already adopting its usage in reality is even enough and that makes it even more interesting. Gradually, when even the bigger players start seeing the real life usage coming to play, then it would be easy to start seeing multi adoption of the digital currency.

gameofcryptos.com (http://gameofcryptos.com)

Bitcoin & Crypto T-shirt & Clothing Store

Mixing TV Series and Cryptocurrencies

As of now, I don't think there are retailers or marketers that sell good or services with cryptocurrencies as exclusive means of payment. I think that would not be a wise choice for them because money is still more main stream and is more widely used by people. For now, crypto-payment is only an additional option because even companies that use it are only in their testing or experimentation stages. On the topic if its a good business move to allow cryptos to be used as payment; I would say yes because it gives people more options and it opens revenue to other customers that are not local to where the physical shop is.

Actually, crypto means not visible. Bitcoin is a crypto currency that only lives in the cyberworld. Nowadays, some countries implemented bitcoin as there way of transaction. Some countries already legalized bitcoin and sone are not due to there government that might be affected there.economy which will differ the equivalent fiats money that they have.

The fact is that I do not want to deny the importance of Bitcoin today and in the future, but I want to clarify that there is no real blood for today, although its price is huge. If we compare Bitcoin and ether or other altcoin, then ether and altcoins have a value, precisely because of the functions they perform. But this does not apply to Bitcoin.

because bitcoin will continue to grow well, because bitcoin is a lucrative asset in everyone who uses bitcoin, to get daily results, and is also good for long term at higher prices.

It also gives a profitable source to those jobless people. Bitcoin can buy different things via online though it never been implemented and I believed it will be legalized soon. Also, it may lead a good progress to our economy by having a good income to those people relying the bitcoin era.

I think that bitcoin has greater value than any other currency paper, fiat or cryptocurrency of the world. I realize that crypto is a virtual currency but we can feel the importance and trust of the people around the globe. Nobody can deny the importance of bitcoin in the present and it will be the mainstream in the future. People can use bitcoin for purchasing anything anywhere in the world.

I'm sure you can buy anything in fiat or bitcoin, it only depends if seller will accept both or only bitcoins. I don't think that ripple and other alt coins support could help small business though, but bitcoins could help.

Bitcoin is now exclusive. So it will give more information for the future growth. So will gather fort he bitcoin process and future information. Bitcoin is give more opportunity for the future growth and gather for it. Life will be change your life. Bitcoin is good to use for your life. So get the information. If need to invest the bitcoin process check the bitcoin market places. Bitcoin is good to use for the future.   

I think that bitcoin are exclusive now because we can get more information for the future growth and we can get more option about bitcion and also we can get more opportunity to have that in the bitcoin.

I did not find any retailers which sell goods/services for crypto only since bitcoin is not yet known as a currency by many countries. I think we can buy something in the store online and the price of the product is not too expensive so we can spend our bitcoin to buy that product. I think this will be a good business for a small store that wants to sell something and receive payment with crypto and that store can use altcoin too for the payment if the bitcoin transaction takes too long to get confirmed.