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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184176 times)
saiha
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October 28, 2016, 05:57:06 AM
 #581

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet


Why not buddy If you are running any business like shops, trade business, hotel and etc.. you can able to initiate the bitcoin as the payment in buying or selling things in your business. This thing can help the people with the local business.


It might be low for today, but if we are just going to explain to them clearly if they are going to use and start accepting bitcoins then for sure it might encourage them.

Just tell him some success stories on how did bitcoin changed their lives but also tell them some bad incidents about it.

So that they will be cautious about it.


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October 28, 2016, 08:17:26 AM
 #582

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.


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October 28, 2016, 08:48:20 AM
 #583

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.
Well thats right but considering to have lesser value if someone will use btc as a payment make them to look for it to consider as we all knew that businessman always looking for some edge having some extra earnings will move them to accept btc for sure.

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October 28, 2016, 11:19:12 AM
 #584

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.
Well thats right but considering to have lesser value if someone will use btc as a payment make them to look for it to consider as we all knew that businessman always looking for some edge having some extra earnings will move them to accept btc for sure.

Yeah that's right bitcoin still need to be introduced to business owners they must know how it works and also the estimated number of people who uses it otherwise it will be nonsense for them to accept bitcoins without proper knowledge.

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TripScripts
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October 28, 2016, 02:53:44 PM
 #585

If bitcoin were not so volatile when it comes to price, I truly believe that many small business would use the currency. With the price varying so much more than the price of a dollar, it's hard to say whether the consumer or the business would get an advantage.
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October 28, 2016, 10:00:44 PM
 #586

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.
I think it really depends on the kind of business you have, if the business we are talking has something to do with technology then I think it is a lot more likely that some of the clients are already using bitcoins in their lives.
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October 29, 2016, 12:08:57 AM
 #587

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
Holy cow but I not have seen the relationship of the ponzi and hyip, it's bad for the investing person and the image of bitcoin but for to encourage local store for accepting bitcoin and i not seem any trouble with it, and are you refer the image will affecting the potentially of local store accepting bitcoin? I can say no this is just the relationship about the profitable.
I don't think that is related bro, because even fiat money is being used by criminals not only Bitcoins. The progress of bitcoin is slow in terms of how businesses accept it is because they still don't know it yet, even if they accept bitcoin will their ever be a customer who will pay bitcoin also their is a problem with their government's taxes on how will they tax something that only virtually exist.
Right, I guess if we are wanna for comparing the criminalities of the fiat and bitcoin I think the fiat will give more than bitcoin, and I sure if a lot of people does not know about the disadvantages of using bitcoin in this day, but totally will need more researching for bitcoin will be the complete combination for business.

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October 29, 2016, 01:00:32 PM
 #588

We should aware them the facilities of using bitcoin.Like, we can tell them about low transactions fees of bitcoin.More, we can tell them about the security of bitcoin.We can encourage them to invest on bitcoin cause it can give them profit.
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October 30, 2016, 03:20:26 PM
 #589

We should aware them the facilities of using bitcoin.Like, we can tell them about low transactions fees of bitcoin.More, we can tell them about the security of bitcoin.We can encourage them to invest on bitcoin cause it can give them profit.
But all of that is useless if there’s not a user base that can generate them profits in the short and long term since that is what a business is about and they will only take measures that make sense economically for them.
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November 01, 2016, 05:42:01 AM
 #590

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam
It can be undone; if it was not then there will not be any new users, personally I disagree with spending money in advertising since adoption must be organic so we can avoid bubbles and stuff like that.

It is not bad if you are going to allocate some funds with advertising and promoting your products online. It is going to boost your sales after all and once the people already know your product it can bear in their mind that your products is good enough and that will no need to advertise anymore. But if your wise and your product is becoming well known, you will still keep on using internet marketing for promoting it.

I agree but you should note that most of the clicks and visits that appear in your analytics are actually bots and fake traffic, used to boost the traffic but are totally inorganic. Thats is why people tend to steer clear of most advertising networks using bitcoin and prefer the older more organic ones.

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.

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November 01, 2016, 06:32:14 AM
 #591

Encouraging  local business  to use bitcoin   would  be really hard  though  because  most  of them  even  didnt heard  about bitcoin and   they  would surely refuse  to use it. COnvincing them would really  a problem  though  except to those merchants who already accepts  bitcoin as   a payment. But still i  believe that this adoption would really  spread all over the  world.

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Mastsetad
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November 01, 2016, 08:00:59 AM
 #592

Encouraging  local business  to use bitcoin   would  be really hard  though  because  most  of them  even  didnt heard  about bitcoin and   they  would surely refuse  to use it. COnvincing them would really  a problem  though  except to those merchants who already accepts  bitcoin as   a payment. But still i  believe that this adoption would really  spread all over the  world.

Convincing a local business to accept bitcoin would not be a problem at all if they really find it working, and for that they should probably see some people using bitcoins around because without regular customers they would not adopt it as it would be of no use in that way.
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November 01, 2016, 12:24:10 PM
 #593

Encouraging  local business  to use bitcoin   would  be really hard  though  because  most  of them  even  didnt heard  about bitcoin and   they  would surely refuse  to use it. COnvincing them would really  a problem  though  except to those merchants who already accepts  bitcoin as   a payment. But still i  believe that this adoption would really  spread all over the  world.

I guess the best solution for it was trying to create your own business that uses bitcoin as a medium of payment do it small because your goal would be introducing it to them if they try to see what you currently are doing they would also try to adopt it  Wink
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November 02, 2016, 10:53:47 AM
 #594

Encouraging  local business  to use bitcoin   would  be really hard  though  because  most  of them  even  didnt heard  about bitcoin and   they  would surely refuse  to use it. COnvincing them would really  a problem  though  except to those merchants who already accepts  bitcoin as   a payment. But still i  believe that this adoption would really  spread all over the  world.

I guess the best solution for it was trying to create your own business that uses bitcoin as a medium of payment do it small because your goal would be introducing it to them if they try to see what you currently are doing they would also try to adopt it  Wink

I think local business will be able to accept bitcoin if they see its potential. So, me must try to use bitcoin often to make its movement continuous and male its price rise so they will become attracted. Plus, we must establish a business that bitcoin operates. In this case, they will become aware of what bitcoin can do. An sooner or later they will tend to accept it.
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November 02, 2016, 11:30:34 AM
 #595

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.

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November 02, 2016, 11:34:31 AM
 #596

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
As  we all expecting that the trend will go up and the public market will buy the service we know bitcoin will keep on rising and investors will keep coming to ride.

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November 02, 2016, 12:19:28 PM
 #597

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
As  we all expecting that the trend will go up and the public market will buy the service we know bitcoin will keep on rising and investors will keep coming to ride.
Our Local Wallet for Bitcoins actually encourage us users to pay our bills using their wallets payment system, in which several of our utility bills accept bitcoin. They even add rebates if we choose to pay our bills with them. Having that said many companies now accept bitcoin as payment or if I am right the local wallet we have use bitcoin and convert it to fiat in which they pay for the company. Time will tell if Local Businesses accept Bitcoin as a mode of payment for them.

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Capradina
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November 02, 2016, 01:52:57 PM
 #598

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
As  we all expecting that the trend will go up and the public market will buy the service we know bitcoin will keep on rising and investors will keep coming to ride.
Our Local Wallet for Bitcoins actually encourage us users to pay our bills using their wallets payment system, in which several of our utility bills accept bitcoin. They even add rebates if we choose to pay our bills with them. Having that said many companies now accept bitcoin as payment or if I am right the local wallet we have use bitcoin and convert it to fiat in which they pay for the company. Time will tell if Local Businesses accept Bitcoin as a mode of payment for them.

Wow, it was great and this will be the beginning of the growth of the bitcoin became better. Indeed it is now there are a few things we can do using bitcoin, but for now I see online stores that still have not received the bitcoin for one of the means of payment. Bitcoin would be much more beneficial if we could cooperate in the growth of the bitcoin get better from now on. the company will accept bitcoin if bitcoin user already has 40% of the total population in the world

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Mastsetad
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November 02, 2016, 05:00:39 PM
 #599

Encouraging  local business  to use bitcoin   would  be really hard  though  because  most  of them  even  didnt heard  about bitcoin and   they  would surely refuse  to use it. COnvincing them would really  a problem  though  except to those merchants who already accepts  bitcoin as   a payment. But still i  believe that this adoption would really  spread all over the  world.

I guess the best solution for it was trying to create your own business that uses bitcoin as a medium of payment do it small because your goal would be introducing it to them if they try to see what you currently are doing they would also try to adopt it  Wink

No one can start a business just with the hope that he will get customers, but the business are started because of the demand for that thing in that locality, so if the users around there are not willing to use bitcoins or are not aware of it at all then you would face problems to create and improve your business there.
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November 02, 2016, 06:33:14 PM
 #600

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam
It can be undone; if it was not then there will not be any new users, personally I disagree with spending money in advertising since adoption must be organic so we can avoid bubbles and stuff like that.

It is not bad if you are going to allocate some funds with advertising and promoting your products online. It is going to boost your sales after all and once the people already know your product it can bear in their mind that your products is good enough and that will no need to advertise anymore. But if your wise and your product is becoming well known, you will still keep on using internet marketing for promoting it.
If you have a product whether physical or online then most likely you are going to need to invest in marketing since there are only a few selected brands that can survive without paying any advertising.
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