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Author Topic: in your business do you accept only Bitcoin or Altcoins too?  (Read 1237 times)
alyssa85
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June 13, 2016, 11:19:29 AM
 #21

What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

Not many people use Dash. Take a look at this:

https://bitinfocharts.com/

In terms of transactions in the last 24 hours (which is what businesses should be focusing on, as it shows people actually sending or receiving coins). bitcoin is top, followed by Ether, Doge and litecoin. Dash has a pathetic 1,310 transactions in the last 24 hours - no-one is using it for much.

So, yes, include alts, but focus on the alts that people are actually using. 

 
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DecentralizeEconomics
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June 13, 2016, 11:22:58 AM
 #22

ONLY TRUMPCOIN!

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tuapoma (OP)
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June 13, 2016, 08:53:28 PM
Last edit: June 16, 2016, 01:08:32 AM by tuapoma
 #23

What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers
for a start up business you should only accept bitcoins because it is very promising but altcoins are not. but if you still want to accept altcoins then use etherem as it looks promising. but best thing i can recommend you is only accept bitcoin. no problems no loss.

Hello Edwardard,

I do not understand ether as a payment system, they say that ether is a platform for distributed computing to run intelligent contracts; it sounds good, but so far I have never found an intelligent payment system by ether.

In my opinion a cryptocurrency needs be decentralized and privacy, with decrease in the number of coins over the years.  Cool

well, the fundamental purpose of the cryptocurrency technology has been to offer privacy and independence from the traditional financial services. In this context, DASH is the best option.

cheers
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June 15, 2016, 04:12:24 AM
 #24

Personally I would accept Bitcoin over the other coins because more people have bitcoins compared to for example Ethereum. Just makes it easier to exchange to cash if you need to.
tuapoma (OP)
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March 30, 2017, 03:55:26 AM
 #25

From today Tuapoma only accepts DASH
hansen.ng
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March 30, 2017, 04:31:18 AM
 #26

I am selling on openbazaar, so yes, I accept bitcoin.

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fortunecrypto
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March 30, 2017, 04:35:31 AM
 #27

What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

As long as accept the main crypto currency Bitcoin your business ok adding altcoins is good if requested by customers,every body who are into crypto currency are 100% holders of bitcoin so make it your main currency and only add coins if it profitable to do so .

tuapoma (OP)
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April 06, 2017, 01:29:42 AM
 #28

in this last year, the most profitable currency is the DASH Digital Cash.
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April 06, 2017, 01:39:33 AM
 #29

I feel like BitPay needs an overhaul here - it makes sense - tier 2 coins should be a nobrainer.
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April 06, 2017, 02:54:10 PM
 #30

What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

As long as accept the main crypto currency Bitcoin your business ok adding altcoins is good if requested by customers,every body who are into crypto currency are 100% holders of bitcoin so make it your main currency and only add coins if it profitable to do so .
I would like to stick into bitcoin because i do see its value compared to alts and its been recognize mostly by some people or just on bitcoin users itself and if i need to choose another altcoin to be accepted then i would choose ETH to be accepted incase if i do have a business either online or offline.

Gintama214
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April 09, 2017, 05:41:11 PM
 #31

What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

In business you need to start slowly if I was you I would just start in BTCitcoin thats because altcoins are very fragile they increase but they can also decrease in an instant they are too vulnerable in business. It's just to risky for now because your just starting a business, Bitcoin is more in neutral, it decreases but not that much it just bounce back. For me you can use altcoin, when you have a stable business running.

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