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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 33628 times)
TribalBob
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May 16, 2017, 03:17:53 AM
 #201

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.

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May 16, 2017, 04:54:06 AM
 #202

Yes i have an idea someone who want to business with me they give me bitcoin and I sell those bitcoin and invest money on my shop than i select a profit amount like 3 percent I give them back after 1 month.after 1 month if they want to invest again I take their money and added this money again on my shop...its just an example idea to invest your bitcoin in offline business.
This is a good idea! It has the similarity with investing into casino bankroll and lending of bitcoins. You are giving them competitive interest for one month if ever your shop is earning but I guess that was quite high enough if thay is for real. But as long as your shop has a lot of customers that would be fine.

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May 16, 2017, 11:42:55 AM
 #203

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.

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May 16, 2017, 12:21:46 PM
 #204

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.
The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year.
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May 16, 2017, 10:45:48 PM
 #205

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
Prefer buy bitcoin with altcoins. Buying bitcoin with fiat is risky. The price is so high, if you want to run bisnis based on fiat than change to bitcoin recently you will loose. The margin of fiat and bitcoin is high.
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May 16, 2017, 10:53:25 PM
 #206

I think about this almost all the time, I would invest bitcoins in offline business but I would like to make profit in bitcoins also, and for me the biggest problem is the fact that in my town and country many people are not aware of bitcoin or other altcoins, therefore earning bitcoins in offline business will not be able in near future in my town.
For people who live in towns where awareness of bitcoin is on high level is better to start some shop, cafe or restaurant, or what ever just try to be one of the first, that is always good for any business.



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May 17, 2017, 03:03:39 PM
 #207

yes if i have much bitcoin, i want open some Net Cafe in my town and supporting bitcoin for payment.

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May 18, 2017, 12:44:43 AM
 #208

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.
The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year.
It does matter especially if you are not an experienced trader because if the price gets lower very fast you may be tempted to sell and take the losses, it is better to wait for the price reduction and then buy that way you earn even more money by just being patient.
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May 18, 2017, 01:38:59 PM
 #209

It seems to make bitcoin not fully arrive in the form offline, until today bitcoin is still in use as an online business, there are still many people who do not know about bitcoin, as I am still a beginner who needs a lot of guidance and direction.
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May 18, 2017, 07:41:30 PM
 #210

It seems to make bitcoin not fully arrive in the form offline, until today bitcoin is still in use as an online business, there are still many people who do not know about bitcoin, as I am still a beginner who needs a lot of guidance and direction.
Please educate yourself more on bitcoin related stiff, to use bitcoin for offline business we do not need physical/offline bitcoins. Business dealing alone may happen offline but the payment for that business deal may happen with regular bitcoin payments and about that type of scenario alone we are discussing here.

So it is highly possible to deal on bitcoin payments based for any real time business. Only buyer and seller need to agree about going with bitcoin payments.

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May 19, 2017, 05:29:43 AM
 #211

It seems to make bitcoin not fully arrive in the form offline, until today bitcoin is still in use as an online business, there are still many people who do not know about bitcoin, as I am still a beginner who needs a lot of guidance and direction.
Please educate yourself more on bitcoin related stiff, to use bitcoin for offline business we do not need physical/offline bitcoins. Business dealing alone may happen offline but the payment for that business deal may happen with regular bitcoin payments and about that type of scenario alone we are discussing here.

So it is highly possible to deal on bitcoin payments based for any real time business. Only buyer and seller need to agree about going with bitcoin payments.



Frankly speaking, you too know the difficulties of doing such a business. Transaction fees and confirmation delay agree the major ones.
I would suggest not to do any business which will want you to sell your Bitcoins to the local Fiat. Holding bitcoins is more profitable than that actually.

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May 19, 2017, 12:39:34 PM
Last edit: May 19, 2017, 04:31:28 PM by Kevin77
 #212

I would suggest not to do any business which will want you to sell your Bitcoins to the local Fiat. Holding bitcoins is more profitable than that actually.
People may go for selling bitcoins when they need capital. Because setting up a business with bitcoin payments may not be possible for all country people. They may need capital in fiats so that entering into a business may be possible. But I guess online business set up could be done with bitcoin payments.

Holding bitcoin must be profitable but it cannot be an active business. Bitcoin based business does not require holding of it. I mean we need to spend bitcoins directly or converting into fiat to spend. So from that alone, setting up a bitcoin based business will be possible.
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May 20, 2017, 01:47:49 AM
 #213

yes if i have much bitcoin, i want open some Net Cafe in my town and supporting bitcoin for payment.

#minexcoin.com
Accept bitcoin payment , that's the way we earn bitcoin. Net cafe is one of the closest business to digital payment system when we have adult market but for children who like gaming in net cafe, I think they don't understand bitcoin.
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May 20, 2017, 02:25:15 AM
 #214

Yes I will invest to an offline business if there's enough capital for doing it.

Maybe I'm going to build my own piggery and those people that wants to get some pork from me.

I'm going to open to them that I'm willing to accept bitcoin as payment.

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May 20, 2017, 04:42:44 AM
 #215

Yes I will invest to an offline business if there's enough capital for doing it.

Maybe I'm going to build my own piggery and those people that wants to get some pork from me.

I'm going to open to them that I'm willing to accept bitcoin as payment.

Physical bitcoins only easy to use in offline service and business. This coin makers trying to appeal to consumer through quality and the use of precious metals, others offer good designs at relatively low prices, while some offer neither but it would perfect collectors only not for general use. If offline business can accept the bitcoin by transferring it via wallet to wallet, then perfectly fine to use.
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May 20, 2017, 05:53:17 PM
 #216

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.
The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year.
in fact the price of bitcoin can take a little correction. therefore the price are expected to steptdown a little but after some time it will again start increasing be the price is expected to cross 3000 USD level at the end of 2017.
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May 24, 2017, 05:56:30 PM
 #217

Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.
The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year.
in fact the price of bitcoin can take a little correction. therefore the price are expected to steptdown a little but after some time it will again start increasing be the price is expected to cross 3000 USD level at the end of 2017.

This is very good news. Especially for those who buy bitcoins for long-term investments. I already have coins, but I plan to make a few more purchases.
Maybe later, I'll leave the world of crypto currency and go into offline business. For example, buying a property and I will rent it out

BitDane
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May 24, 2017, 11:07:13 PM
 #218

Investing bitcoin to buy and sell business is a good thing.  Aside from that we can also accept bitcoin when someone wants to buy the item we want to sell.  This will help in bitcoin economy since even if we setup an offline business, the business aim to accept bitcoin as mode of payment.
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May 25, 2017, 04:19:11 AM
 #219

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.
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May 25, 2017, 11:27:41 AM
 #220

It is depend on your country where you are living because if your business man accept your bitcoin than no problem to start a business in market. But if your society persons not accept the bitcoin, than it is hard to start offline business. Where i am living in my society not accept the bitcoin easily, than for me it is impossible to build a offline business with bitcoin.
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