Would this be a good idea?

[Bitcoinbee]

It would be a pretty good idea but I think if big company's will step in with such things you will not be used anymore for hits due to the fact it can be bought directly.

In the long run maybe in the future when trading will be accessible to anything and anywhere we could be seeing those big companies worming in the trading process but I think they will be automated.  These companies will be utilizing more on technologies adn not in man power.

[bit1]

It would be a pretty good idea but I think if big company's will step in with such things you will not be used anymore for hits due to the fact it can be bought directly.

In the long run maybe in the future when trading will be accessible to anything and anywhere we could be seeing those big companies worming in the trading process but I think they will be automated.  These companies will be utilizing more on technologies adn not in man power.

Yes, Besides it would be a bit tricky act as intermediary between the buyer and companies due to things like returns of defective merchandise,guarantees or things like that. In that case him could start his own bussines model.

[Bitcoinbee]

It would be a pretty good idea but I think if big company's will step in with such things you will not be used anymore for hits due to the fact it can be bought directly.

In the long run maybe in the future when trading will be accessible to anything and anywhere we could be seeing those big companies worming in the trading process but I think they will be automated.  These companies will be utilizing more on technologies adn not in man power.

Yes, Besides it would be a bit tricky act as intermediary between the buyer and companies due to things like returns of defective merchandise,guarantees or things like that. In that case him could start his own bussines model.

That could happen in worst case scenario if you are endorsing and supplying your products and will have damages returned it will be a great lose from your investments.

[Erzatium]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

Dont think there are many profits for the company and you know the bitcoin does not have a stable value so they also need to put some fee on it. On that point you wont get all of the coins you can earn for something you sold there.

[Piltover]

It would be a pretty good idea but I think if big company's will step in with such things you will not be used anymore for hits due to the fact it can be bought directly.

In the long run maybe in the future when trading will be accessible to anything and anywhere we could be seeing those big companies worming in the trading process but I think they will be automated.  These companies will be utilizing more on technologies adn not in man power.

Yes, Besides it would be a bit tricky act as intermediary between the buyer and companies due to things like returns of defective merchandise,guarantees or things like that. In that case him could start his own bussines model.

That could happen in worst case scenario if you are endorsing and supplying your products and will have damages returned it will be a great lose from your investments.

The hard thing is that you dont even know what is going to happen with the value in the future and that is the risky thing of Bitcoin because sometimes it is hard to make decision.
But if you want to make profit you have to take some risks otherwise it would not be possible.

[Maesters1-]

i think it is not a bad idea but you must be very very careful. i think you should use escrow. you should save your self.

[mrcash02]

It would be a pretty good idea but I think if big company's will step in with such things you will not be used anymore for hits due to the fact it can be bought directly.

In the long run maybe in the future when trading will be accessible to anything and anywhere we could be seeing those big companies worming in the trading process but I think they will be automated.  These companies will be utilizing more on technologies adn not in man power.

Yes, Besides it would be a bit tricky act as intermediary between the buyer and companies due to things like returns of defective merchandise,guarantees or things like that. In that case him could start his own bussines model.

That could happen in worst case scenario if you are endorsing and supplying your products and will have damages returned it will be a great lose from your investments.

The hard thing is that you dont even know what is going to happen with the value in the future and that is the risky thing of Bitcoin because sometimes it is hard to make decision.
But if you want to make profit you have to take some risks otherwise it would not be possible.

There is some risks for sure... But if we analyze, there is no reason for Bitcoin crash now. I believe its price will be stable for some time yet. The price can up fast and down fast also, but after the "storm" the price becomes stable again.

So I think it's a good idea to accept BTC payments from online sites. And if you fear about the coin price, just exchange your BTCs for dollar after the transaction.

[hermanhs09]

It would be a pretty good idea but I think if big company's will step in with such things you will not be used anymore for hits due to the fact it can be bought directly.

That is hell of a true,but maybe he will get some lucky,and if he get's started now,
he will become this big company before some other will enter the same buisness right?
Good luck!

[JasonXG]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

Both already accept btc bitnyes its a good idea. Anything that supports and creates stimulation I'm the btc community is a good thing and can only be a good thing.

[Bitcoinsummoner]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

Both already accept btc bitnyes its a good idea. Anything that supports and creates stimulation I'm the btc community is a good thing and can only be a good thing.

I thign amazon still not accepting bitcoin but there is alternative that you can buy items in amazon the same in purse.io you can buy items in amazon using purse.io. for g2a they already announce it before that they accepting bitcoins as payment..

[isen]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

It's not a bad idea but if you want this to succeed you must offer a discount (even a small one) otherwise why would anyone choose you and don't exchange his btc and then buy anything he wants?

[hermanhs09]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

It's not a bad idea but if you want this to succeed you must offer a discount (even a small one) otherwise why would anyone choose you and don't exchange his btc and then buy anything he wants?

I think starting an company which exchanges fiat for bitcoin and bitcoin to fiat with some insane rates is a really good idea.
The key is automated system,to do it fast,then im sure that you will have a lot of customers.

[Equinoxx]

Hey guys!

Thanks for all the feedback. Really - I appreciate it!

So I have come to the conclusion that this could be used in stuff like this;

Services that have no physical part meaning it is digital.
Like a VPN service or Cloud Storage service.

Say you wanted a VPN from PureVPN (Arguably one of the best VPNs) and when I used them they didn't accept Bitcoin (Not sure if they do know but you get the point) I could use my fiat to pay for the service and you pay me in bitcoin for a %1 fee (Just a rough number).

I would make a thread just to see what kind of a demand is there in services that accept fiat ONLY and not bitcoin.

I will make a follow up post after this.

But first tell me what you think of this plan.

[Vhern]

Hey guys!

Thanks for all the feedback. Really - I appreciate it!

So I have come to the conclusion that this could be used in stuff like this;

Services that have no physical part meaning it is digital.
Like a VPN service or Cloud Storage service.

Say you wanted a VPN from PureVPN (Arguably one of the best VPNs) and when I used them they didn't accept Bitcoin (Not sure if they do know but you get the point) I could use my fiat to pay for the service and you pay me in bitcoin for a %1 fee (Just a rough number).

I would make a thread just to see what kind of a demand is there in services that accept fiat ONLY and not bitcoin.

I will make a follow up post after this.

But first tell me what you think of this plan.

I reckon that it will gradually make you profit, however VPN is for a person know what it does. What I'm saying is make a good one that necessary globally that way you can sure your cash flow.

[Equinoxx]

snip

I reckon that it will gradually make you profit, however VPN is for a person know what it does. What I'm saying is make a good one that necessary globally that way you can sure your cash flow.

I don't think you understand... I am not offering a VPN service. I am offering to buy a VPN service that only accepts fiat payment and someone wants it for btc.

[jossiel]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

It's not a bad idea but if you want this to succeed you must offer a discount (even a small one) otherwise why would anyone choose you and don't exchange his btc and then buy anything he wants?

I think that is a good idea after all. But of course you need to use escrow and you need to pay escrow for his service.
It's up to you if you are going to pursue it but I think that's a good idea.

[Equinoxx]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

It's not a bad idea but if you want this to succeed you must offer a discount (even a small one) otherwise why would anyone choose you and don't exchange his btc and then buy anything he wants?

I think that is a good idea after all. But of course you need to use escrow and you need to pay escrow for his service.
It's up to you if you are going to pursue it but I think that's a good idea.

Thanks! But I think - if this is okay with the community - I would prefer to do smaller transactions to build up trust. I just feel escrow is a bit of a hassle.

[Ardenyham]

i think it is not a bad idea but you must be very very careful. i think you should use escrow. you should save your self.

I don't think OP can use escrow in these type of ways of buying things. websites and marketplace don't use escrow.. but if the new site you are talking about add some extension like that and allow escrow then it would be really great. yes....

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

It's not a bad idea but if you want this to succeed you must offer a discount (even a small one) otherwise why would anyone choose you and don't exchange his btc and then buy anything he wants?

I think that is a good idea after all. But of course you need to use escrow and you need to pay escrow for his service.
It's up to you if you are going to pursue it but I think that's a good idea.

Thanks! But I think - if this is okay with the community - I would prefer to do smaller transactions to build up trust. I just feel escrow is a bit of a hassle.

Well, I am not agree, Using escrow can consume some time (some time it may consume lots of time too) but doing escrow is really important. it is not about someone's reputation. it is about the term of buying something and being/feeling safe.. and believe me doing deals with also build up your reputation in the community.

[Equinoxx]

i think it is not a bad idea but you must be very very careful. i think you should use escrow. you should save your self.

I don't think OP can use escrow in these type of ways of buying things. websites and marketplace don't use escrow.. but if the new site you are talking about add some extension like that and allow escrow then it would be really great. yes....

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

It's not a bad idea but if you want this to succeed you must offer a discount (even a small one) otherwise why would anyone choose you and don't exchange his btc and then buy anything he wants?

I think that is a good idea after all. But of course you need to use escrow and you need to pay escrow for his service.
It's up to you if you are going to pursue it but I think that's a good idea.

Thanks! But I think - if this is okay with the community - I would prefer to do smaller transactions to build up trust. I just feel escrow is a bit of a hassle.

Well, I am not agree, Using escrow can consume some time (some time it may consume lots of time too) but doing escrow is really important. it is not about someone's reputation. it is about the term of buying something and being/feeling safe.. and believe me doing deals with also build up your reputation in the community.

Okay, thanks for your input =D I understand escrow is preferred and I agree. But yes as we both see it - it is time consuming. This is something I will take into account

[escrowboy]

I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.

Bottom line, is this a good idea?

Yes, it is good so that you can help bitcoin to circulate on the market. Good way also to  encourage others to do what you're doing. That's a good start already to help bitcoin develop faster.