Bitcoin business success

[MeongElek]

Many people are interested in bitcoin business, because it sees the success of people who run this business. This course must be equipped with a correct understanding of science, especially business science in bitcoin. when we are not equipped with understanding it will be inversely proportional to expectations. 

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[aso118]

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.

[ansh_848]

If i say bitcoin is business success than it was just a starting no one knows upto what extend it will go either it will stop to 10000$ or it can be the minimum price but it is beneficial for all business.

[phr0stbyt3]

It will be profitable and who told you told bitcoin isn't performing well check the coinbase blog they are facing major ddos because of increase in number of users and recently as bitcoin is becoming more companies are finding best solutions to start new startups with a better solution than the existing ones

[Altas]

Bitcoin business success is truly a possible fact, but when calculated as a whole surely more and more business will gain more profit. By the same time more large scale business people have been into the business, but didn't gained profit that they expected and stopped accepting bitcoin.

[orions.belt19]

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.

[TheUltraElite]

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?

Bitcoin is digital currency and there is no difference from running a business on fiat or crypto. Basic things of business are all the same just that there will be added issues what pop up with bitcoin. There are many casinos, exchanges, mixers, shops and stores which have crypto as a method of transaction. However if you ask me then its still in the stage of development and its not that popular yet.

People mostly take crypto as an investment and dont like to use it for transaction. Specially since recently the mining fees has increased and people have to pay large mining fees as well.

[Jaya912]

because of bitcoin not widespread, so now is good time to start your business with bitcoin.
profit or not is depend how you manage your business and how you advertise it.
become more popular is the way of your business will bring you profit. 

[fiulpro]

Business and bitcoins are something that are flourishing in today's world and..now..there are countries like Japan.. that are really adapting bitcoins in their all kind of businesses.. be it hotels be it restaurants or be it buying or selling items one to one!
Bitcoins are really doing great In providing an alternative to fiat and also they are really helping some economic system of the countries to flourish and thus the adaptation of bitcoins in the business of countries like Zimbabwe is really on the way.

Thus I think bitcoins are really successful in today's world when it comes to the idea of business.

[Butmayselche]

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?

real businesses need long time to be trusted and buy/sell good staff.

also need huge amount to start your marketing

[Bitcoincole]

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?

real businesses need long time to be trusted and buy/sell good staff.

also need huge amount to start your marketing

Well, it depends on what business do you like in bitcoin we have different ways to earn bitcoin. There gamblings, mining, trading, and campaign. If your selling with this some items that are in demand then possible huge profit can be seen. Then if you have huge capital you can stock up bitcoin it nice to do investing because the price is always increasing, you can sell if you want in a time.

[Slark]

The whole cryptocurrency market is generating huge profits for the investors - both for traders, holders and bitcoin&altcoin based businesses.
You can say it is a still a niche, but it is also the fastest growing niche out there, from zero to ultra-high profits in short time.
No other conventional business can generate such profits -  it's something that acts as a magnet for crypto businessmen.
If you are asking about specific number certain crypto business is generating - I am afraid that no one will give you accurate data. Sadly.

[Shenzou]

The whole cryptocurrency market is generating huge profits for the investors - both for traders, holders and bitcoin&altcoin based businesses.
You can say it is a still a niche, but it is also the fastest growing niche out there, from zero to ultra-high profits in short time.
No other conventional business can generate such profits -  it's something that acts as a magnet for crypto businessmen.
If you are asking about specific number certain crypto business is generating - I am afraid that no one will give you accurate data. Sadly.

I agree, the amount of moeny that has been recently pumped into the crypto currency market exedes any investments there is, i mean ICO alone are a best exemple for what the market has reached, tokens have been an easy and an effective way for developers and project owners to get a kick starter to their ideas, and i am sure that in the future this will become more and more of an intressting market, as for bitcoin the only successfull bussniess that i can think off are few, people were and still unsure about implementing it in their work because of how goverments still haven't fully leagalized it, but we are seeing some investment from multiple big companies and i am sure more will follow in the future.

[Hazaki]

This totally depends on whether you'll be providing a service that is dedicated toward people who are directly involved with bitcoin and prefer to conclude deals with this particular payment method , or you'll be selling goods that can be sold or bought in fiat .

I'd be more interested in doing business with goods that can be also bought in fiat , i know a guy who owns a bar in France , he's been accepting bitcoin payments for drinks since 2012 and the guy is very happy of making this decision since at the moment he started , a Mojito cocktail costed 0.25 Bitcoin , a simple beer was around 0.1 Bitcoin .
And for the cherry on top of the cake , he has been keeping all payments received in bitcoin from the day he adopted it , the guy is a young millionaire now and still works in his own bar , he even opened up 3 more in other regions of France .

Such business can be very beneficial if you look at it from the long term perspective , because bitcoin is certainly going to rise even more and what you sell for 0.01 bitcoin today is worth ~110$ , in few days/weeks it could be worth 220$ .

[chineseprancing]

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.

Yes it's true that bitcoin is profitable, actually I'm also a gambling player however when price of bitcoin increasing I've decided to shift into trading. Even though trading is need a high amount to invest, I think it is better than to played games. Even though earning bitcoin using gambling is too fast I always remember that losing capital is too faster too. But in trading you can gain profit depends on how can you handle your crypto currency.

[Razick]

It is very eay to be successful ina  Bitcoin business right now. Really, you just need to have patience and perserverance for a while and you will make huge profits. Bitcoin is one of the hottest things going right now. I can't think of another market that is hotter than crypto.

[Sadlife]

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.

[krigger]

This totally depends on whether you'll be providing a service that is dedicated toward people who are directly involved with bitcoin and prefer to conclude deals with this particular payment method , or you'll be selling goods that can be sold or bought in fiat .

I'd be more interested in doing business with goods that can be also bought in fiat , i know a guy who owns a bar in France , he's been accepting bitcoin payments for drinks since 2012 and the guy is very happy of making this decision since at the moment he started , a Mojito cocktail costed 0.25 Bitcoin , a simple beer was around 0.1 Bitcoin .
And for the cherry on top of the cake , he has been keeping all payments received in bitcoin from the day he adopted it , the guy is a young millionaire now and still works in his own bar , he even opened up 3 more in other regions of France .

Such business can be very beneficial if you look at it from the long term perspective , because bitcoin is certainly going to rise even more and what you sell for 0.01 bitcoin today is worth ~110$ , in few days/weeks it could be worth 220$ .

Most Bitcoin businesses are not good for the people if you consider that they usually close within 5 years. I don't know of many BTC businesses that have been open for more than 5 years actually. There are a few that come ti my mind, but they can be counted on my fingers. The reality is Bitcoin business is super risky and it is like 1995 of crypto. Most of them which exist now are going to fail in the very near future.

[shark69]

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 bitcoin is a new business area in the world. many people play bitcoin for the sake of making big profits, and making them rich. besides with bitcoin we can understand various crypto business that we can use to invest. but bitcoin has limitations in its spread.

[scarecrow2096]

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.

I think they are deserved it because they are one of the first start up in Bitcoin. Helping us to carry our Bitcoins.