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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 33691 times)
mrcash02
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April 19, 2017, 12:50:56 AM
 #141

if you wan offline business is much idea
you want big business or low business, still bitcoin business or outside bitcoin business
if low business and outside bitcoin business , you can try internet rent, photocopy if you location near campus, top up in smartphone, internet quota , restaurant and more

if you have much bitcoin you can open big business 

your right ye its nice to think if you make your own business in outside . My idea first i trade bitcoin in peso because im here in Philippines and in our place need computer shop so i Make business computer shop it would be helpful for students

No doubt that internet business is still on peak and appealing to everyone here in the Philippines. And to tell you honestly, you don't need that much capital to established one unlike in the past. In less than or around BTC1 you can start an internet cafe here and with good numbers and specs of PC.

And there are also companies offering bundle package which you will pay on monthly basis. One good example is PisoNet packages of PLDT. You might want to check it.

How much does a computer cost there in Phillipines? If you are able to start an internet cafe with around 1 Bitcoin it's a very cheap business to run, also you need to have a physical store to start it or rent one. Is it really profitable and cheap to start?

 
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April 19, 2017, 12:56:51 AM
 #142

i still dont have such an idea, but i think it is very good move to invest the crypto profits into something more stable, like a business made by yourself.

And before you will build your crypto business online then you should have enough background for it.

While you are generating that business, it's going to be a good idea to support it with some other offline investments or business that you know.

Having your computer cafe will be a good idea just like what others are suggesting. And the very own choice of mine, is buy your own house and lot.

And use it for renting.

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April 19, 2017, 06:23:31 AM
 #143

i still dont have such an idea, but i think it is very good move to invest the crypto profits into something more stable, like a business made by yourself.
I agree with you . we must create a business that we like, a business that truly reflect who we are. so that future of our business can be a hobby that generates profits.
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April 19, 2017, 11:08:52 AM
 #144

if you wan offline business is much idea
you want big business or low business, still bitcoin business or outside bitcoin business
if low business and outside bitcoin business , you can try internet rent, photocopy if you location near campus, top up in smartphone, internet quota , restaurant and more

if you have much bitcoin you can open big business 

your right ye its nice to think if you make your own business in outside . My idea first i trade bitcoin in peso because im here in Philippines and in our place need computer shop so i Make business computer shop it would be helpful for students

No doubt that internet business is still on peak and appealing to everyone here in the Philippines. And to tell you honestly, you don't need that much capital to established one unlike in the past. In less than or around BTC1 you can start an internet cafe here and with good numbers and specs of PC.

And there are also companies offering bundle package which you will pay on monthly basis. One good example is PisoNet packages of PLDT. You might want to check it.

How much does a computer cost there in Phillipines? If you are able to start an internet cafe with around 1 Bitcoin it's a very cheap business to run, also you need to have a physical store to start it or rent one. Is it really profitable and cheap to start?

That is a cool idea to start with bitcoin because internet cafe is good business where you can make a little bit of money, but at the same time you need opt for xerox copies, in this way you will make good profit. I don't know exactly how the shop rents in the Phillipines.
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April 19, 2017, 03:17:33 PM
 #145

if you wan offline business is much idea
you want big business or low business, still bitcoin business or outside bitcoin business
if low business and outside bitcoin business , you can try internet rent, photocopy if you location near campus, top up in smartphone, internet quota , restaurant and more

if you have much bitcoin you can open big business 

your right ye its nice to think if you make your own business in outside . My idea first i trade bitcoin in peso because im here in Philippines and in our place need computer shop so i Make business computer shop it would be helpful for students

No doubt that internet business is still on peak and appealing to everyone here in the Philippines. And to tell you honestly, you don't need that much capital to established one unlike in the past. In less than or around BTC1 you can start an internet cafe here and with good numbers and specs of PC.

And there are also companies offering bundle package which you will pay on monthly basis. One good example is PisoNet packages of PLDT. You might want to check it.

How much does a computer cost there in Phillipines? If you are able to start an internet cafe with around 1 Bitcoin it's a very cheap business to run, also you need to have a physical store to start it or rent one. Is it really profitable and cheap to start?

That is a cool idea to start with bitcoin because internet cafe is good business where you can make a little bit of money, but at the same time you need opt for xerox copies, in this way you will make good profit. I don't know exactly how the shop rents in the Phillipines.

Internet shop or cafe are really booming in the Philippines. Specially right now that it already end of school and beginning of summer. My offline business is still doing good at the moment and thanks to bitcoin, I was able to add a little cash flow on my mini store just in front of my home. But I'm still looking for another offline business and Internet cafe is one of it I'm just looking for a perfect place to put it up with. I'm saving around 1.5-2 BTC at the moment for capital startup.

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April 19, 2017, 03:30:46 PM
 #146


Internet shop or cafe are really booming in the Philippines. Specially right now that it already end of school and beginning of summer. My offline business is still doing good at the moment and thanks to bitcoin, I was able to add a little cash flow on my mini store just in front of my home. But I'm still looking for another offline business and Internet cafe is one of it I'm just looking for a perfect place to put it up with. I'm saving around 1.5-2 BTC at the moment for capital startup.

In some areas only. A friend and I have my cafe with only 6 seats which we had planned to put up for months didn't work because the local government don't allow students to get inside our cafe until its 5PM. Our cafe only open at 5 in the afternoon and we're going to close at 12 midnight. Its not profitable with such situation and the students can now just browse the internet using their phones.

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April 19, 2017, 03:48:28 PM
 #147

if you wan offline business is much idea
you want big business or low business, still bitcoin business or outside bitcoin business
if low business and outside bitcoin business , you can try internet rent, photocopy if you location near campus, top up in smartphone, internet quota , restaurant and more

if you have much bitcoin you can open big business 

your right ye its nice to think if you make your own business in outside . My idea first i trade bitcoin in peso because im here in Philippines and in our place need computer shop so i Make business computer shop it would be helpful for students

No doubt that internet business is still on peak and appealing to everyone here in the Philippines. And to tell you honestly, you don't need that much capital to established one unlike in the past. In less than or around BTC1 you can start an internet cafe here and with good numbers and specs of PC.

And there are also companies offering bundle package which you will pay on monthly basis. One good example is PisoNet packages of PLDT. You might want to check it.

How much does a computer cost there in Phillipines? If you are able to start an internet cafe with around 1 Bitcoin it's a very cheap business to run, also you need to have a physical store to start it or rent one. Is it really profitable and cheap to start?

That is a cool idea to start with bitcoin because internet cafe is good business where you can make a little bit of money, but at the same time you need opt for xerox copies, in this way you will make good profit. I don't know exactly how the shop rents in the Phillipines.

Internet shop or cafe are really booming in the Philippines. Specially right now that it already end of school and beginning of summer. My offline business is still doing good at the moment and thanks to bitcoin, I was able to add a little cash flow on my mini store just in front of my home. But I'm still looking for another offline business and Internet cafe is one of it I'm just looking for a perfect place to put it up with. I'm saving around 1.5-2 BTC at the moment for capital startup.

Internet shop is good idea. You can earn cash from the users and you can also mining altcoin or bitcoin with your computers while the internet users surf on the internet shop your own.
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April 19, 2017, 04:44:50 PM
 #148


Internet shop or cafe are really booming in the Philippines. Specially right now that it already end of school and beginning of summer. My offline business is still doing good at the moment and thanks to bitcoin, I was able to add a little cash flow on my mini store just in front of my home. But I'm still looking for another offline business and Internet cafe is one of it I'm just looking for a perfect place to put it up with. I'm saving around 1.5-2 BTC at the moment for capital startup.

In some areas only. A friend and I have my cafe with only 6 seats which we had planned to put up for months didn't work because the local government don't allow students to get inside our cafe until its 5PM. Our cafe only open at 5 in the afternoon and we're going to close at 12 midnight. Its not profitable with such situation and the students can now just browse the internet using their phones.

I think internet cafe with powerful computers is more interesting... As you said, internet anyone can access throught mobiles, but powerful computers are needed to play modern games which most people can't play at home because they don't have good computers, laptops, consoles.

The only problem is that these computers are very expensive. This way, probably you would have customers all day long.

 
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April 20, 2017, 09:54:06 AM
 #149

Take advantage of mobile bitcoin wallet apps for smartphones. A small backery or bar will be good idea to use the bitcoin currency. You put a sign saying "Accepting Only Bitcoin". So how do you do it? You go setup a bitcoin wallet account for your business and then you generate a bitcoin address with a QR code. You print out the code on a bond paper and you put it on your counter and then costumers will scan it with their mobile wallet apps in their smarthphones, enter payment amount and then the transaction is complete.

I might do this in the future when I built my computer parts store in my place to solve the hassle my neigbors have to go to town or order online to buy pc parts.

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April 20, 2017, 12:59:11 PM
 #150

If you are storing many bitcoins just for profit, not investing them into some other business is a sin!
For example, I dont see a point to have 10 bitcoins just for holding purposes. Obviously, you will earn a really big amount of cash if it comes to the price increase, however your income is slow, and the cash is frozen.
Don't you all think, that putting out let's say 3 btc (7 BTC left to just store them on the wallet) into some different investment (Im thinking about not-bitcoin related) as a diversification, is a good idea?

3 BTCs is around 3 650 USD currently. That amount of money may be sufficient to start some small business, obviously the local one, but it can still provide you some funds every year, instead of putting all the eggs into one basket!

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April 20, 2017, 08:43:05 PM
 #151

I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas. My arm is buying clothes from foreign countries, those boutique that may accept bitcoin and sell it in my country on fiat currency. The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
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April 20, 2017, 09:30:09 PM
 #152

I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas. My arm is buying clothes from foreign countries, those boutique that may accept bitcoin and sell it in my country on fiat currency. The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"

You can grow your money in bitcoins and exchange to fiat your bitcoins to invest in your offline business. Indirectly you are investing your bitcoins, and it's being bery helpful if you don't have fiat money to invest and start your business.
Many strategist businessmen are doing this as they can increase their earnings in a combo bitcoin investment + offiline business working.

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April 21, 2017, 02:20:24 AM
 #153

I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas.  The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
Fashion business is profitable business. If you have a great collection of clothes you can sell it online you can accept bitcoin as the payment besides that you can also accept $$
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April 22, 2017, 07:36:01 AM
 #154

I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas.  The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
Fashion business is profitable business. If you have a great collection of clothes you can sell it online you can accept bitcoin as the payment besides that you can also accept $$
Op has requested about the ideas on offline bitcoin acceptance into business platforms and make profit out of the same. In my view fashion industry is a good way to make good business online and offline, but can't expect the profit in a short time span. The profiting increases with respect to time when more and more users starts using bitcoin.

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sobsitesearch
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April 23, 2017, 04:24:48 AM
 #155

I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas.  The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
Fashion business is profitable business. If you have a great collection of clothes you can sell it online you can accept bitcoin as the payment besides that you can also accept $$
OP asking for offline business and i do not think offline business will work bitcoin as mode of payment because not all people are using bitcoin as of now. I think its possible that all your eanings in bitcoin will start up a small offline business like grocery stores, fashion and accessories.
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April 23, 2017, 06:48:50 AM
 #156

Making an offline business in the real world according to our hobby will be much more fun. We will be able to work easily and also calm down. Hobby work is a dream of every person in the world.
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April 24, 2017, 02:52:31 AM
 #157

From now, I have no idea if the bitcoin have an offline business. Because all I know is bitcoin currency was earn thru online, However if bitcoin have an offline business well I'am interested because it was a good opportunity to earn bitcoin even online and offline. It also possible that more businessman/ businesswoman were become interested to this opportunity.
Yutikas_11920
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April 24, 2017, 06:43:22 AM
 #158

yes, now I'm trying to collect bitcoin to build a tavern or cafe, because at this time, shop or cafe is very much demand. so, I would probably make one shop or café favored by many people using bitcoin. Well, maybe it's the only shop in my place that will accept bitcoin as a means of exchange.
A wonderful plan, but if there are still many of communities that don't know about Bitcoin,
I think it's very difficult to advance your Cafe business with Accepted Bitcoin. We are know that
accepted Bitcoin in the real business (in Offline) is hard, Because the people still lack knowledge about Bitcoin

Very clearly, everyone would use or accept something if indeed they also already understand about what they use. But I think they have a pretty good insights will surely try out or accept bitcoin, and also if the owner should accept bitcoin cafe then every customer should be offered to use the bitcoin or maybe at one point providing information about bitcoin so that after they read it properly then there is a chance the next day will be using bitcoin
 
BitcoinPC
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April 24, 2017, 12:40:00 PM
 #159

i still dont have such an idea, but i think it is very good move to invest the crypto profits into something more stable, like a business made by yourself.

Yeah, it is a good idea, but it is hard for those country's people where bitcoin is not use in open market. We use bitcoin for offline business only in those place, where people exchange it easily. Also in my country it is really hard to use it for offline business. That's why, i don't agree to use it for offline business, but i accept, it is good idea.
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April 24, 2017, 01:26:31 PM
 #160

i still dont have such an idea, but i think it is very good move to invest the crypto profits into something more stable, like a business made by yourself.

Yeah, it is a good idea, but it is hard for those country's people where bitcoin is not use in open market. We use bitcoin for offline business only in those place, where people exchange it easily. Also in my country it is really hard to use it for offline business. That's why, i don't agree to use it for offline business, but i accept, it is good idea.

You can afford to invest bitcoins in offline business only if people around you are aware about bitcoins and are willing to spend their bitcoins and if none of them is aware about it then there is no point in investing in it as it will never  give you profits as to make profits you also need to get enough traffic from customers.
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