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Author Topic: Bitcoin business success  (Read 3482 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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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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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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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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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.
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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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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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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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December 23, 2017, 11:32:10 PM
 #70

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.
Most business are not keeping bitcoin at all and are selling immediately after they get this is why we need to keep pushing for more adoption of bitcoin that way once day business will prefer to keep bitcoin over exchanging it for fiat.
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December 23, 2017, 11:42:51 PM
 #71

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.
Most business are not keeping bitcoin at all and are selling immediately after they get this is why we need to keep pushing for more adoption of bitcoin that way once day business will prefer to keep bitcoin over exchanging it for fiat.
People now realize the importance and nature of bitcoin, therefore they are now trying to keep their bitcoin for a long time, In fact bitcoin price is changing from time to time and we often see a very big fluctuation in the price of bitcoin which make people a little cautious, but still they are confident about bitcoin that its price will continue increasing for a long long time.

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December 24, 2017, 12:54:16 AM
 #72

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?
Theres only one thing that profit most of the time trading on the real physical market. Goods and stuff and buy and sell these have some serious profits with also risks involved trading with some materials about something to your client and pays on bitcoin is a good idea to begin with but you need a good enough money to start with that.
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December 24, 2017, 01:22:22 AM
 #73

Yes there are still so many chances to earn from Bitcoin, the most profitable one is gambling site and exchanger, but there are still so many sectors of business that hasn't been touched by Bitcoin, and you can earn a serious money from Bitcoin since there are not many shop that used Bitcoin yet


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December 24, 2017, 02:05:17 AM
 #74

Yes there are still so many chances to earn from Bitcoin, the most profitable one is gambling site and exchanger, but there are still so many sectors of business that hasn't been touched by Bitcoin, and you can earn a serious money from Bitcoin since there are not many shop that used Bitcoin yet

There are many ways that Bitcoin can produce at this point and use that opportunity.

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Samueltalk
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December 24, 2017, 03:14:28 AM
 #75

This is very natural in the bitcoin world, and bitcoin alone can not be blamed if bitcoin players get nothing or lose. As I experienced, I have one facebook friend on the internet who is trying his luck in the bitcoin world, but his fate is not so good because several times hit by a scam. Then he blamed bitcoin and went on hunting for the dollar. I personally think it's not wise. The proof there are also successful bitcoin players.
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December 24, 2017, 03:53:49 AM
 #76

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?
The success of any venture depends on some factors, which contributes to it one of which is the demands and the second is your capital. The bitcoin market is flourishing now but you must also take not on the volatility of bitcoin price. If what you are offering in the business is needed and people have high demand for it then be rest assured that you will make good profit from it.

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December 24, 2017, 04:30:10 AM
 #77

Yes business would be made successful if you yourself do that job for your business because you know how to manage it..many businessman successful to their own business also with help of bitcoin Kiss Smiley

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December 24, 2017, 05:08:18 AM
 #78

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?

having business in bitcoin is really good because we can make a big profit especially if we have a large customer which using our service. in the future, if bitcoin becomes stable then I think many people will make a new business and they can use bitcoin as the payment. but we need to think about the time of the transaction that now is a big problem for us.

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December 24, 2017, 05:16:53 AM
 #79

indeed, making a bitcoin-based business is really very good. but some countries prohibit the use of bitcoin as a legal means of transactions in their country. arguing that it would make the economic system of fiat degraded. well, but, building a business using bitcoin that we collect is still a very good idea to date.


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December 24, 2017, 07:28:21 AM
 #80

this is post from februari  Shocked but this will interesting to talk because of different in price is so much

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?

Depends on what you are offering or selling.  If you are selling items that are in demand then the possible huge profit can be seen.  Aside from that take note of the volatility of Bitcoin.  If you have a huge capital you can stock up Bitcoin and use your fiat currency to resupply your business.  Then the moment Bitcoin price increase, you can then sell those BTC for extra income.  It is up to your strategy on how you will greatly profit on venturing a business with Bitcoin as mode of payment.
most ICO that come before augustus is rich if they hold their BTC coin
but if we do some business or take a sallary in bitcoin when the price in 18k usd and then now the price is around 13k usd... it will bad for business
too much price gap is bad for constant business except investing business

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