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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 23542 times)
AjithBtc
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July 07, 2017, 02:26:30 PM
 #301

I would love to have a business in the real world that can look the process,
I want to open a shop near my house,
I hope people will buy it using bitcoin .. Grin Grin

Agree with this you can put business whatever you like and make bitcoin as one of your mode of payment this will encourage and be curious what is bitcoin how can i pay with bitcoin. From there awareness starts and it will build a community of bitcoin there are lots of posibility that you can introduce bitcoin to them an tell to them that is a very good investment either way it will benefit your business and them.
i think that it is very difficult to convince those people who do not know about bitcoin. specially in real business life, where you want to use bitcoin as payment method, i think it wll take a lot of time when all the people will know about it.
Yes, making real life people to implement bitcoin into their business is really a difficult process. Because this function entirely in a virtual manner. So people need to be knowledgeable in internet, one who doesn't have this cannot understand the goodness. So from my view they themselves need to explore and implement. This makes them continue the service for a long even if profit is not big.

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July 07, 2017, 02:31:12 PM
 #302

I think the offshore business is under attack now, everywhere from Europe even to Indonesia where more than 300 billion hidden tax was recently pardoned. Bitcoin's ledger or blockchain tech can really help with identifying false tx - in reality the fiat version double spends or false chains that should not exist.

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July 07, 2017, 03:18:51 PM
 #303

I think it's really hard to find a real company accept invest via bitcoin Sad. If anybody can find one pls let me know Cheesy

It is easy, you can use bitcoin on offline business but you need to online mode to make the payment that is enough for the btc to use towards it. There is huge number online stores list available in Google search result itself but not sure about offline shops and its locations.

Stores can not fully take bitcoin as payment for the goods until the problem of long transactions is resolved. Nobody wants to wait three days for payment.
But, I already read the news that bitcoin is taken in restaurants and pubs. I think it's a great idea.

Hahhaa, well the main problem now is indeed in the bitcoin is a transaction confirmation that takes up to a few days and this will give disadvantages to determine all of the people that are in it. But I think that's not a problem if indeed they have a pretty good turnaround funds, because I think these funds for long because the amount of the actual fee cannot pay the miners who did confirm. It just takes time and has a success rate of 99% for confirmation. Only time can determine, we could only walk in the direction of the existing
 

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July 07, 2017, 03:21:53 PM
 #304

As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


Many of the ideas I get from bitcoin income that I have to be invested in offline business so that the revenue can continue to spin for a more satisfying result.

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July 08, 2017, 08:31:18 PM
 #305

As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


Many of the ideas I get from bitcoin income that I have to be invested in offline business so that the revenue can continue to spin for a more satisfying result.
In my opinion, I see only a few areas for investment in real business. This is agriculture, real estate and roofing. It is this business that can bring a good income. Therefore, it is there that you need to invest your bitcoins if you need it.

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July 08, 2017, 10:26:42 PM
 #306

I have an idea to open my car showroom. And I could take bitcoin as a payment for cars and maintenance. But I need to know how in my country the government treats such payments

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July 08, 2017, 11:55:09 PM
 #307

It is a possible thing to do if you have enough bitcoin to open your business. If you use bitcoin as your venture capital it is very good, then you make your bitcoin into offline business. I also plan to do as you do. It's just that I do not have enough bitcoin yet. I need 10 BTC to open my offline business. And i'm trying to get it. To be realized as soon as possible. I want to open a garment business. Hopefully I can achieve that.
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July 09, 2017, 08:44:26 AM
 #308

As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



It would be possible but hard if those people with whom you have transactions are not from your locality. It might not even be possible. If I were you, try to look for bitcoiners who are near your place at least, for your business to really work out. But what you are thinking right now is great. Actual business from bitcoin is a nice plan. Good luck.

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July 09, 2017, 09:35:23 AM
 #309

Me i have my idea in investing my money in offline business if they will accept bitcoins in each of offline businesses,but for now i will just convert all my bitcoins to real cash and make an investment from it

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Pamoldar
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July 09, 2017, 12:59:19 PM
 #310

Ideas of setting up an offline business using bitcoin is there

only factors now is to research more on how eager other people would want to use bitcoin as a payment option



Hahhaa, well the main problem now is indeed in the bitcoin is a transaction confirmation that takes up to a few days and this will give disadvantages to determine all of the people that are in it.

-snip-
 
I thought this problem of waiting for days for a transaction to confirm has improved and should allow businesses to run much smoother now


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July 09, 2017, 01:41:04 PM
 #311

As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


Basically, I don't think there is much company that accept Bitcoin as an investment so that if you want to make investment in those companies, at least you still have to exchange your Bitcoin into cash in order to invest in those companies.
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July 09, 2017, 06:05:33 PM
 #312

Me i have my idea in investing my money in offline business if they will accept bitcoins in each of offline businesses,but for now i will just convert all my bitcoins to real cash and make an investment from it
This is what the only option most of the bitcoiners world wide having as there were only lesser bitcoin based development everywhere. But selling bitcoins for the purposes of investing into offline business does not seem right to me as I am not seeing any offline business will be giving more ROI how bitcoin is doing so far.

It is good to sell your bitcoins only if your offline business will outperform bitcoin's ROI. Otherwise just keeping your bitcoins must be a good options always imho.














 

 

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July 10, 2017, 04:01:29 AM
 #313

Me i have my idea in investing my money in offline business if they will accept bitcoins in each of offline businesses,but for now i will just convert all my bitcoins to real cash and make an investment from it
This is what the only option most of the bitcoiners world wide having as there were only lesser bitcoin based development everywhere. But selling bitcoins for the purposes of investing into offline business does not seem right to me as I am not seeing any offline business will be giving more ROI how bitcoin is doing so far.

It is good to sell your bitcoins only if your offline business will outperform bitcoin's ROI. Otherwise just keeping your bitcoins must be a good options always imho.
Generally it seems to me that if not today to stand up for money, but for crypto currency or Bitcoin in particular, then for offline business this is not an appropriate currency. The fact is that Bitcoin has very little gained its distribution and its popularity is too small to promote the development of offline business.

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July 10, 2017, 04:14:37 AM
 #314

As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


The only idea I have thought of is to exchange Bitcoin into cash. Even you can accept Bitcoin as investments, you still need to exchange Bitcoin into cash to buy things that needed in your projects.
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July 10, 2017, 05:56:53 AM
 #315

Me i have my idea in investing my money in offline business if they will accept bitcoins in each of offline businesses,but for now i will just convert all my bitcoins to real cash and make an investment from it

What is the business that you are looking for investing your money in? Is it started by you or already someone else has started and you investing in it. Also before investing check our the trade life cycle of the business and what is the future 5 years plan of the business/company. Hope so you have done your research thoroughly else you might lose out the money or may not get the appropriate return on your investment.


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July 10, 2017, 06:24:55 PM
 #316

As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


The only idea I have thought of is to exchange Bitcoin into cash. Even you can accept Bitcoin as investments, you still need to exchange Bitcoin into cash to buy things that needed in your projects.
Even investing bitcoin in an offline business right still needed to exchange into fiat. As bitcoin is not yet accepted in any store even in my country. Theres a lot of process to do to legalize and accept this kind of business.

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July 11, 2017, 01:23:01 PM
 #317

There are a lot of ways to invest bitcoin earnings after exchanging it to fiat money.
firstly, estates is a massive investments with high yield of returns which will provide annual income.
secondly, investment in agriculture is another massive ways to make money particularly poultry and diary will also yield high profits. Lastly, investments in supermarkets is another high yield profit venture.
True. Because bitcoins hold a large amount when converted to fiat, for example you have 5 BTC, it is such a big amount especially in the third world countries. The only problem is that if you want an offline business you're not sure what business will you going to step in. My uncle almost tries different kind of business but still can't earn a big return because there are so many people who want to do business here and there. Hold your btc as long as you can't still find something unique out there or grab opportunities when it comes ( example : contractor firms, you're invited to be one of the founder )

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Labumi
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July 11, 2017, 02:48:30 PM
 #318

I think the offshore business is under attack now, everywhere from Europe even to Indonesia where more than 300 billion hidden tax was recently pardoned. Bitcoin's ledger or blockchain tech can really help with identifying false tx - in reality the fiat version double spends or false chains that should not exist.

Hmm, something pretty good analysis. Indeed now more and more forms of offences which can give bad impact to the growth of any State, there are some groups who are only looking for profit of any existing systems within the Government. bitcoin can indeed help it all, but I think the bitcoin will be much worse if the system that exists therein is not in control by the Government. Because if that happens there will be some big problems that can threaten every thing that exists therein
 





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VasyaPupkin
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July 14, 2017, 02:00:28 PM
 #319

I would like to open my own offline sports club. And enter one of the payment methods - bitcoin. I think that it will be very profitable, since young people go to the gym and bitcoins are also used by young people.

BitcoinPC
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July 14, 2017, 03:49:29 PM
 #320

I would like to open my own offline sports club. And enter one of the payment methods - bitcoin. I think that it will be very profitable, since young people go to the gym and bitcoins are also used by young people.

Yeah, it is good idea, and now you could start to do it because it is easy for you, and in this way, people could use bitcoin in your gym and young people who don't know about bitcoin, they could have awareness about it. Also you could earn in bitcoin. I think you are only one person who build a own gym where everyone could use bitcoin and you could call It is a Bitcoin Gym.

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