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Tegin92
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December 02, 2017, 02:53:52 AM
 #21

To get more profit, buy cloud mining or bitcoin mining that is usually sold in GHS units. So when the price rises, the bitcoin mining results can be reselled in the form of cloud mining or mining in GHS units or in the form of a bitcoin product.
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December 02, 2017, 03:14:21 AM
 #22

I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

This summer Coinbase became the first Bitcoin startup to recieve unicorn status.  Unicorn status is title give to startups that are valued over one billion dollars.

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December 02, 2017, 04:32:24 AM
 #23

As of now bitcoin is a success business from the first time I learn about bitcoin it was a very far lower than today and it was not yet known.

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December 02, 2017, 05:57:07 AM
 #24

In my country, domestic Bitcoin exchanges are still putting their capital for growth and they may not think about profit at this point because a country with a population of more than 1.30 billion people is a huge opportunity, especially when there are not more than 5 to 10 competitors in the market so as of now these businesses are looking for growth instead of profit in my country and I think the case is similar on the international level too with difference in the figures.

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December 02, 2017, 08:45:44 AM
 #25

This is nothing related your success with Bitcoins. You need to working hard even hrough using Bitcoins method in real business way (not gambling business or illegal business). I seen many business success, on another side many business failed. Even they selling same service and goods.
They success by gain surplus profit. Another was failed because eliminate by competition.

My suggestion you should open business as you desire, begin planning from what you want to selling. Marketing, is one of important how you will spread both information, your Products and Bitcoins itself. How marketing works, sure you need to cooperation with some group, company, etc.

Check this thread
[2017-11-05] New York Preschool Accepts Bitcoin, But Not Credit Cards

This could be one of many good marketing how to running your business using Bitcoins.

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December 02, 2017, 11:25:18 AM
 #26



I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?



It depends on how people are running their business in first place. If people are having some digital goods and services with bitcoin payment processor and they are directing the crypto community toward them then yeah I guess they are having very good time earning the bitcoin and then also they get interest as per norms whenever the bitcoin prices are rising.


Also, many of the non crypto businesses are trying to accept the bitcoin as mode of payment but they are not getting the hold of it. For example, if there is coffee shop then people coming over there mostly be non crypto related, meaning families, normal guys and girls hanging around etc. Obviously crypto geeks are mostly seating over the laptop in the home so thats the different thing. So they might not get enough people over there.


This way it drives the business more or less towards non crypto and crypto community and make it happen.
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December 02, 2017, 11:30:51 AM
 #27

Is the biggest an awesome way to be successful in your short span life. It gives time and money freedom if done wih proper knowledge.

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December 02, 2017, 12:02:52 PM
 #28

I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
Success in business is contingent upon the quality of either the service or good that you are trying to sell to the customer. Always remember that people don’t just buy a product, they buy an experience.

When it comes to Bitcoin being more profitable to use than fiat currency you must understand that money is money it’s a monetary tool used for the exchange of goods and services. Businesses today are using Bitcoin as a payment option because it’s core features are found to be less restrictive than other traditional payment channels.

Nevertheless, I would say that you should start a business because you want to offer the world a better service than what’s currently being offered by other companies in your specific niche and not because you want to turn a profit. If you like what you do and have a passion for what you like then the money will follow and it will be much easier to generate, as you won’t get as bored. You won’t find your self getting as frustrated,  disenchanted, or as disillusioned as you normally would have if you actually liked your business.

In closing, you should focus on ways to make your chosen business better than the possible profits you could make. You should be prepared to work longer hours than anyone you personally know, even your peers. You should work on your business and dedicate your self to growing your business in the beginning. In the end you should outsource every aspect of your business, every department, everything. And once that’s done you should turn your business into a portfolio investment asset.

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December 02, 2017, 12:25:09 PM
 #29

I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?

It actually depends on what kind of business it is, the location, and it's quality. Since bitcoin is not yet so much accepted, there are possibilities that it isn't paying off. On some countries, where bitcoin is accepted as a form of payment, maybe it pays off but it will still depends on their products qualities. I guess it would be hard to start a business right now with bitcoin being involved since we don't know what will be the status of bitcoin in the next more years, so it is too much risky for me.

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December 02, 2017, 12:39:03 PM
 #30

At the time of writing, the BTC market cap is over $16.2 billion. Clearly the BTC market is flourishing.
However, the success of independent businesses is very much dependent on the nature of the business itself. One company could be making a lot of profit while others could be running at losses. It all really depends on what the business is and what goods/services they are offering.
Would agree on much of this. Bitcoin itself is getting a higher value from how it started. And yes, it depends on what goods/services they will be offering for bitcoin. For now, by just continuously investing on bitcoin, your bitcoin can grow as much. 

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December 02, 2017, 12:53:38 PM
 #31

I think this really depends on what you are doing or what services are you doing. Most of the good profitable bitcoin businesses is exchangers and gambling sites in which I think is a lot of them but some are only being popular, well if we add other sites involving crpyto that is a huge number. An I think bitcoin businesses is more on bitcoin users so that may not be that popular but from the price pumps that is happening, they are earning some good profits.

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December 02, 2017, 12:55:03 PM
 #32

At the time of writing, the BTC market cap is over $16.2 billion. Clearly the BTC market is flourishing.
However, the success of independent businesses is very much dependent on the nature of the business itself. One company could be making a lot of profit while others could be running at losses. It all really depends on what the business is and what goods/services they are offering.
Would agree on much of this. Bitcoin itself is getting a higher value from how it started. And yes, it depends on what goods/services they will be offering for bitcoin. For now, by just continuously investing on bitcoin, your bitcoin can grow as much. 
Bitcoin has the best growth rate right now. The more people who use Bitcoin, the more developed and will reach a much higher value.

But now I am worried because there are already some statements from some countries that states the use of Bitcoin is not recommended. So the government appealed to people in their country not to use Bitcoin. This is the initial form of banning the use of Bitcoin. Sooner or later I'm getting worried because a statement like this could lead to a complete ban on the use of Bitcoin.

This is very contrary to what is happening today, Bitcoin has entered the realm of Business and started to be a thing to be reckoned with. unfortunately the government considers Bitcoin as a threat, I am very sad to hear this because when Bitcoin began to grow then the government looks very not support Bitcoin. Everyone will be disappointed to see something like this.

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December 02, 2017, 01:14:45 PM
 #33

You can go up and earn, now the market is unstable, this is a good opportunity to earn, you just need to think and monitor the market, well and starting capital.

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December 02, 2017, 02:10:32 PM
 #34

I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?


for me it's a bitcoin help for me because I'm helping my parents and I'm getting an extra income and I'm planning to get here and when I'm together I'm going to invest to grow up for the future and to be mine family thats all thank you

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December 02, 2017, 02:18:42 PM
 #35

I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
I think they have some serious profits and when i say this i'm thinking at exchanges that mainly works with bitcoin as an exchange coin, If there were no profits i'm sure that they would have had used something other.

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December 02, 2017, 02:23:47 PM
 #36

I think,the answer is positive. Because, Bitcoin has already reached a huge amount of money. It is blessing for those people who are connected to this forum and also work here.It's price is so high now.So,we can without any doubt that Bitcoin business  is successful

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December 03, 2017, 12:03:12 AM
 #37

I would say that there is a lot projects making huge loads of money, exchanges , casinos, gamble scripts, and several more, sure those wich wanna to start this journey will have to come with something good and better or at the same level as the competitors already in the market. Individuals projects are in the general opening and closing all days, since they cant get enought costumers, faucets is just an example, even not being a business is more a giveaway, anyway isnt easy to survive into bitcoin nowadays, unless you had joined sometime ago.


 
 
 
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December 03, 2017, 03:34:00 AM
 #38

I;m interested, since bitcoin isn't that much widespread yet, how are businesses (that are directed towards bitcoin only) doing? Is it paying off or is there some serious profit involved?
It depends on the business, exchanges are making a killing right now with the prices of Bitcoin and all alts so high, but in the other hand I think casinos may be suffering a little bit since everyone is looking at ways to make money and not to spend it.
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December 03, 2017, 05:26:59 AM
 #39

Bitcoins are well known and bitcoin is limited. More and more people want to own a bitcoin. bitcoin becomes a means of daily payment. Despite bans and scandals, bitcoins continue to rise. I don't think anyone would want to sell it.

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December 03, 2017, 06:12:23 AM
 #40

It depends on the products you are selling, if you are involved in products that have high demand you stand to make huge gain if being paid in bitcoin. You stand to gain in two ways you gain on your product selling and at the same time you gain from the bitcoin you are being paid for buying of your product. Bitcyhas the potential to grow even in your wallet just because you are the holder of it at that moment you make gain.

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