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Author Topic: Bitcoin business success  (Read 1261 times)
Dreamchaser21
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December 04, 2017, 04:59:12 AM
 #61

The success of a business depends on what business you're offering to the people. If the product is in demand then more people will buy it. You should always include as well other payment method such as credit cards and cash for more convenience to some buyer's who doesn't know bitcoin yet.

Making business that accepts bitcoin is really great but for me you need to study first the business for you to succeed, marketing strategies and the location of business can have a big factor on that. Actually I'm planning to do business that accepts cryptocurrency maybe I will share my success story soon here. 

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BillCoin
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December 04, 2017, 05:31:24 AM
 #62

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?
Most of the business that accept bitcoin only are usually selling bitcoin stuffs or providing bitcoin related services.

Some of them who also accepts fiat, usually convert the bitcoins they receive from customers at the point of sell, which means that they don't really accept bitcoins, they accept fiat.
They don't keep bitcoins in their wallets.

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davinchi
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December 04, 2017, 11:42:03 AM
 #63

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.
I wouldn’t recommend cloud mining, really, it’s such a bad idea, and I have seen lots of people doing it but never earned a dime from it. This is not the first time I’m seeing it, I know some of my friends that are into that cloud mining, but they never earned something worthful from it. It will be best to go for direct Bitcoin mining if you have enough capital to buy whatever it takes to start it up. You will get many benefits from Bitcoin mining, cloud mining is basically a waste of time.

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P3
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December 06, 2017, 12:06:08 AM
 #64

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.

There will be gamblers who are ready to play in casinos. The only point is that the volumes in BTC terms may dip because of the price increase. Gamblers generally buy bitcoins with fiat and then gamble. If the price of bitcoin increases, they are getting less bitcoins for their fiat currencies.

Casinos and online gambling games are still very profitable because those who gamble are enticed to play since the returns are very high. However, since the price of bitcoin is increasing, this may make it hard for the players to make bitcoin purchases or bets.

Bitcoin businesses are definitely profitable right now so better get it while it's hot. There are a few shops which offer bitcoin as a payment system so perhaps opening up one would be convenient and attractive for bitcoin users.
It will be gainful and who let you know told bitcoin isn't performing great check the coin base blog they are confronting major ddos due to increment in number of clients and as of late as bitcoin is winding up more organizations are discovering best answers for begin new businesses with a superior arrangement than the current ones

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francis2
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December 06, 2017, 12:09:24 AM
 #65

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.
Cloud mining? Even I know that is a scam and I'm just a Jr member, invest in bitcoin directly or in whatever coin you are interested and stop trying to mine coins especially if you are going to use cloud mining.
chichigirl
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December 06, 2017, 12:12:37 AM
 #66

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 is an old thread, bitcoin now is doing great. The price is too expensive and yet the demand continue to increase. It means a lot of people doesn't care how much btc price is as long as they invest now. I must say, i am not interested in other businesses, i must focus on btc investment now for i see a greata opportunity of earning more than taking some risk in other business. But i am not closing my door for any future business opportunity.

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December 06, 2017, 05:51:50 AM
 #67

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.
I wouldn’t recommend accepting only Bitcoin in business. If you do that, you’re likely to end up in loss and gaining nothing. If you’re into online business and you feel like accepting Bitcoin for payments, don’t use Bitcoin alone, do it with other form of payments alongside Bitcoin, like PayPal and the rest of them, so that people can pay with whatever they choose. Bitcoin is not widely recognized, so don’t go with it alone.

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arpon11
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December 06, 2017, 07:28:46 AM
 #68

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 believe most of them are successful as we can see from how far the coins has been going up and most of the local and online exchangers are making good profits from Bitcoin and other crypto currencies. Businesses from exchanges, mining and software are doing very well and even those that are accepting Bitcoin for services and goods are making serious return including me. I am rendering services for Bitcoin online and I have make good return compared to when I was doing the same for dollars.



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gorodi
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December 06, 2017, 08:14:39 AM
 #69

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 all businesses which involve Bitcoin are simply flourishing. Big players even win when Bitcoin falls. They are smart enough to use all methods to get profit even when crypto market is down. Bitcoin can make people millionaires if they devote their life and time to crypto.

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