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Author Topic: Bitcoin business success  (Read 6819 times)
Lancusters
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December 24, 2017, 11:04:49 AM
 #81

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?
People who started using bitcoin and incorporating them into their business made a huge amount of profit because the price has boomed multiple times and when compared to dollars it is a huge profit ,i am not sure how much it will be profitable if you are planning to start a business now as you need a bigger capital to get the coins or you can hold the coins without moving as the transaction charges for micro transactions are not possible now.
Price of transaction in bitcoin is very high. This is a big drawback. In such a situation we will not see the development of trade for bitcoins. But on the other hand it makes people to keep their coins in order to make large transactions and save on fees. This creates a shortage of coins in the market and pushes the price of bitcoin up. Now bitcoin can only be used for investment and speculation.
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sugihe
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December 24, 2017, 11:11:25 AM
 #82

That was the main interest, I didn't mean casinos and other gambing sites. Gambling sites always work, but the other ones like small private businesses that operate with bitcoin (I do not include big companies like steam or microsoft). Thanks.

I think i do not need do business anymore since when i hold bitcoin for any longer so i will be ready for huge profit from the volatile of bitcoin. So from trading is more than enough for me.
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December 24, 2017, 02:26:06 PM
 #83

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?
People who started using bitcoin and incorporating them into their business made a huge amount of profit because the price has boomed multiple times and when compared to dollars it is a huge profit ,i am not sure how much it will be profitable if you are planning to start a business now as you need a bigger capital to get the coins or you can hold the coins without moving as the transaction charges for micro transactions are not possible now.
Price of transaction in bitcoin is very high. This is a big drawback. In such a situation we will not see the development of trade for bitcoins. But on the other hand it makes people to keep their coins in order to make large transactions and save on fees. This creates a shortage of coins in the market and pushes the price of bitcoin up. Now bitcoin can only be used for investment and speculation.

Actually, I think it is even resourceful not to bug one's head on bitcoin businesses or trade because you just begin to get worried sometimes. People just decide to hold for a certain time and sell off at another profitable time; by then ,they would have made some profit from the volatility of bitcoin.
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December 24, 2017, 03:31:24 PM
 #84

That was the main interest, I didn't mean casinos and other gambing sites. Gambling sites always work, but the other ones like small private businesses that operate with bitcoin (I do not include big companies like steam or microsoft). Thanks.

I think i do not need do business anymore since when i hold bitcoin for any longer so i will be ready for huge profit from the volatile of bitcoin. So from trading is more than enough for me.

if I do we should do business, let alone we never know how bitcoin develops, but I think the bitcoin may disappear, while bitcoin is lost and we have no business, so we are human no purpose in life.
malikusama
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December 24, 2017, 07:16:08 PM
Last edit: December 25, 2017, 06:13:56 AM by malikusama
 #85

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?
Not serious but indeed too much serious or huge profit involved.
Bitcoin market is too wide and is spreading more as popularity is increasing. In a market not everyone is at same level, may be some of them are bearing loss in their bitcoin business but mostly are doing good and many of them are earning huge profit. The reason is, bitcoin market is flying high due to the massive increase in price this year and every business that directly involves bitcoin gets benefit.
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December 24, 2017, 08:04:06 PM
 #86

we must to foresee and calculate everything, then this can be a very successful and profitable business...but first you need to get enough knowledge in this area, and it's not so easy, you need to use your whole brain)
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December 24, 2017, 08:40:39 PM
 #87

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?
People who started using bitcoin and incorporating them into their business made a huge amount of profit because the price has boomed multiple times and when compared to dollars it is a huge profit ,i am not sure how much it will be profitable if you are planning to start a business now as you need a bigger capital to get the coins or you can hold the coins without moving as the transaction charges for micro transactions are not possible now.


Yes it really did give a lot of profit to the early adopters. That clearly is an undeniable fact. specially those that have made businesses out of bitcoins. Also those who offered services for bitcoin.

But the thing is, today, small time businesses accpeting bitcoins ain't gonna survive due to hgh fees and time of transaction confirmations.  But with big business. I that are serious about their transactions,it can be possible. Talking about 5bitcoin and up per transaction.

But hey, if fixes on bitcoin happens. Then this problems will be gone and forgotten.
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December 24, 2017, 09:46:30 PM
 #88

If a bussiness starts using bitcoin, they will have to pay incredible amount of money only for fees, maybe it is a good idea to start accepting bitcoin in all the bussines, shops, or whatever they are, because this will increase the use of bitcoin, the only "problem" with this are the fees.
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December 28, 2017, 12:01:11 PM
 #89

Bitcoin as a business really success, only if the products are demand and there are lots of investors will invest on it. If that will happen big profit can be seen. So, make bitcoin as a business inorder to success.😊😊😊

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December 28, 2017, 01:37:57 PM
 #90

Depending on the products or service you offer together with the community who want to get involve with your service or products it will give you profit, as bitcoin user now are getting bigger many will search online and people on ground, service or businesses accepting bitcoin as primary or alternative means of payment.
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December 28, 2017, 02:35:37 PM
 #91

Holding bitcoin has somehow proven to be a profitable stuff and I tHink investment as well as trading is a good business to try since bitcoin is very popular and high in demand nowadays, anyone who wants to venture in bitcoin investment will surely celebrate soon and has the high chance of receiving goos earnings out of bitcoin and alternative coins. They can also try offering services and receive payment in bitcoin
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December 28, 2017, 02:42:53 PM
 #92

I'm also interested to joining bitcoin. I don't have amount of money, So I just join for bounty primarily signature campaign. Sometimes, I want to join in mining and trading but I'm still wait until have amount of money to joining Smiley Now, I think that reward in signature campaign is enough for me Smiley
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December 28, 2017, 02:54:15 PM
 #93

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?
If any business is depending upon bitcoin as its mainstream mode of payment, then profit wise they hardly would be getting any given, any other business that would be dealing with would be using fiat and they would be receiving their payments in fiat only. So I don't understand the use of bitcoin here. Profit can be only considered if the amount received is cashed out to fiat. Otherwise the amount of bitcoin will be the same received from the payments.

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December 28, 2017, 03:10:05 PM
 #94

Any business and using any payment method either by using a bitcoin payment method or using a circulating fiat currency will certainly be profitable if we have a great marketing system. in addition to a great marketing system we should also be able to see a good opportunity that is a strategy where about what kind of business will do. and of course there is one strategy that can be done eg by following a trand that is busy for now. I think that would be a good strategy to start a business that will run. besides that there are some other things that need to be seen and if you want to start a business with a method using bitcoin of course you have to have a lot of capital because I see the price movement of bitcoin is very pluktuatif.

 
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December 28, 2017, 03:38:07 PM
 #95

I think so far from what I read in other people who has a bitcoin business I don't hear or read to their post that they made a wrong desicoin that's why I also want to try to make my own bitcoin business here in my country.

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December 28, 2017, 04:07:14 PM
 #96

I think so far from what I read in other people who has a bitcoin business I don't hear or read to their post that they made a wrong desicoin that's why I also want to try to make my own bitcoin business here in my country.
We are making a wrong decision whenever we are cashing out our money due to a panic reason or that we don't really trust ourselves and bitcoin., because if we do trusting bitcoin for sure that we can earn and become successful after a year or more. Just be patiently wait and hold as much as we can.
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December 28, 2017, 07:35:10 PM
 #97

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?
Not serious but indeed too much serious or huge profit involved.
Bitcoin market is too wide and is spreading more as popularity is increasing. In a market not everyone is at same level, may be some of them are bearing loss in their bitcoin business but mostly are doing good and many of them are earning huge profit. The reason is, bitcoin market is flying high due to the massive increase in price this year and every business that directly involves bitcoin gets benefit.
If bitcoin can help a person at such low level to raise up his financial status then don’t you think it can just make a business huge with some wise and better management? Yes it is, reason is when someone use bitcoin in any business then definitely this is a large scale and on this much big scale, you are likely to have a big and huge profit. Better decisions and better investment, make your business fantastic with bitcoin.
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December 28, 2017, 09:27:54 PM
 #98

bitcoin can make us successful if we seriously work with bitcoin and are not lazy. bitcoin is very promising, then we should focus on bitcoin if it wants to be successful.

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December 28, 2017, 09:52:19 PM
 #99

Integrating a business to bitcoin is a both success and innovation in an owners perspective. I have owned a business but still I'm not doing it yet since most of my customers aren't into technology but if someone talks to me if I'd be willing to accept their payment in bitcoin then I would love to do it. This also shows that the business owner is a bitcoin supporter and he wants to spread the good news to other people.



 

 

 

 

 

 


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orka39
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December 29, 2017, 02:13:22 AM
 #100

Integrating a business to bitcoin is a both success and innovation in an owners perspective. I have owned a business but still I'm not doing it yet since most of my customers aren't into technology but if someone talks to me if I'd be willing to accept their payment in bitcoin then I would love to do it. This also shows that the business owner is a bitcoin supporter and he wants to spread the good news to other people.

What is you business mate? Why will accept bitcoin as payment in the high volatile of bitcoin?
I think business in bitcoin will have good future but it depend on how we manage it.

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