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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 23541 times)
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July 16, 2017, 10:19:11 AM
 #321

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?



Sure there is opportunities in offline business that can be supplementary to Bitcoin itself such as Bitcoin BTM machines, exchanges and swag/merchandising. The ways to make money are varied and no all of it needs to be online, some diversification is good too, such as offering financial products etc, I can see gaming credits and other areas where the blockchain could be utilized that could be considered offline VR gaming etc.
So yes offline is a business someone needs to make the infrastructure investments after all to create more utility and usage to promote adoption.

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July 17, 2017, 04:29:37 PM
 #322

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?



Sure there is opportunities in offline business that can be supplementary to Bitcoin itself such as Bitcoin BTM machines, exchanges and swag/merchandising. The ways to make money are varied and no all of it needs to be online, some diversification is good too, such as offering financial products etc, I can see gaming credits and other areas where the blockchain could be utilized that could be considered offline VR gaming etc.
So yes offline is a business someone needs to make the infrastructure investments after all to create more utility and usage to promote adoption.

Does the offline business means passive income ? If this is what it mean, then i am afraid that we should be very carefull in selecting the right investments because most of the people are scammed in the name of "Passive Income"  and "Offline Business"

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July 17, 2017, 09:44:07 PM
 #323

When bitcoin prices skyrocket and lots of media tell about bitcoin, I think this is a very nice bitcoin payout era, and can be used for anything. I plan offline business by receiving bitcoin.
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July 18, 2017, 11:30:56 PM
 #324

May be in future if I have enough money then I will plan to open a restaurant and will accept bitcoin as a mode of payment and by that time there will  be more awareness among people about bitcoins so even they would be willing to pay in bitcoins which can be profitable for me in terms of business.

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July 19, 2017, 08:07:52 AM
 #325

May be in future if I have enough money then I will plan to open a restaurant and will accept bitcoin as a mode of payment and by that time there will  be more awareness among people about bitcoins so even they would be willing to pay in bitcoins which can be profitable for me in terms of business.

Well if your course is like culinary or chef something then its a good idea for you to open up a restaurant and start accepting bitcoin as payment. As for me I like to open a online store in the future. I'm still collaborating with a friend on what items are we going to sell if ever we put up our own business. Its gonna be a joint venture 50/50 sharing of investment and as well as profit. Target is early next year and we are going to provide bitcoin as online payment as well.

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July 19, 2017, 06:19:05 PM
 #326

As for me I like to open a online store in the future. I'm still collaborating with a friend on what items are we going to sell if ever we put up our own business. Its gonna be a joint venture 50/50 sharing of investment and as well as profit. Target is early next year and we are going to provide bitcoin as online payment as well.
Managing online stores are comparatively easier than physical stores with the bitcoin payments because you need to ask your customers to wait till their payments get confirmations. That could be the very big challenge with physical stores against bitcoin payments. But we can be sure in near future this kind of problem will be get solved when bitcoin will be adopting segwit.

I wish to suggest you to extent your online store into physical one over time when you are getting established because that will cover more customers in your region to ensure maximum profits.

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July 21, 2017, 06:48:21 AM
 #327

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?


I think that's possible. But the problem is that nowadays not many people know bitcoin, it takes a few more years for offline business to be realized.

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July 24, 2017, 05:05:22 PM
 #328

it is practical to invest your bitcoin to an offline business becsuse we can never tell if there are certain changes in the bitcoin industry. i am in favor of doing a tangible business intead of focusing on one basket of earning which is online. we must be  defensive when it comes to our earning and i think investing to another businesd is good to do.

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July 25, 2017, 09:23:16 AM
 #329

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?


I think that's possible. But the problem is that nowadays not many people know bitcoin, it takes a few more years for offline business to be realized.

In big cities many people know about bitcoin. And for small cities doing offline business using bitcoin is not a good idea. Therefore, many remain online.
To work online, you do not need an office, taxes, staff recruitment ....

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July 25, 2017, 10:22:23 AM
 #330

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?


I think that's possible. But the problem is that nowadays not many people know bitcoin, it takes a few more years for offline business to be realized.

In big cities many people know about bitcoin. And for small cities doing offline business using bitcoin is not a good idea. Therefore, many remain online.
To work online, you do not need an office, taxes, staff recruitment ....

It's really doing well with these strategies making bitcoin as a sources of our capital for offline businesses, and only few people from remote areas of a part of the country is not yet familiar with crypto currency business. So to be positive with an idea of a business types of different invesments, this bitcoin can really support for the establishing fund to capitalize a good business plan for the future investments aside from digital currency money which is to be funded by fiat cash.

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July 25, 2017, 12:09:21 PM
 #331

I want to established an offline business which will going to be popular with a lot of people in my country I will think of it twice before to established if it is really needed, but to fund my business with BTC is kind of amazing I could also accept payments in BTC or is it a bad idea BTC is very versatile. Huh

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July 25, 2017, 01:15:33 PM
 #332

I had time to think as you think. I used to want to build an offline business .. I want to build a restaurant in my area. But I can not do that, because I do not have the capital. Until now I think of it from where I get the money. But since I know bitcoin and get bitcoin. I have hope to build a restaurant. If i have a lot of bitcoin. I will build food restaurants in my area.

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July 25, 2017, 09:16:00 PM
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I had time to think as you think. I used to want to build an offline business .. I want to build a restaurant in my area. But I can not do that, because I do not have the capital. Until now I think of it from where I get the money. But since I know bitcoin and get bitcoin. I have hope to build a restaurant. If i have a lot of bitcoin. I will build food restaurants in my area.

This is a great idea. You will have a modern restaurant in the Art Nouveau style)
I would also invest my capital in real estate. But I prefer the idea of buying a hotel by the sea

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July 26, 2017, 10:38:21 AM
 #334

I want to established an offline business which will going to be popular with a lot of people in my country I will think of it twice before to established if it is really needed, but to fund my business with BTC is kind of amazing I could also accept payments in BTC or is it a bad idea BTC is very versatile. Huh

Well it will be good if you could accept bitcoin as payment so at least people would be aware as what bitcoin is. As for my offline business, its not suitable because it will just a dust amount. But if your offline business could like accept .0001 or higher than it will be really cool.

I had time to think as you think. I used to want to build an offline business .. I want to build a restaurant in my area. But I can not do that, because I do not have the capital. Until now I think of it from where I get the money. But since I know bitcoin and get bitcoin. I have hope to build a restaurant. If i have a lot of bitcoin. I will build food restaurants in my area.

Restaurant is a good idea to put as a business. Because food is everywhere and I think you can profit big from it. You just have to offer something unique and for sure customers will come by to your restaurant. But before you can put a restaurant, you need capital. Maybe you can get it banks or even borrow from friends. Another option is to saved bitcoin and used it to fund your business. Goodluck to you mate. I hope you can fulfill your dreams.

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July 26, 2017, 11:11:12 AM
 #335

I want to established an offline business which will going to be popular with a lot of people in my country I will think of it twice before to established if it is really needed, but to fund my business with BTC is kind of amazing I could also accept payments in BTC or is it a bad idea BTC is very versatile. Huh

So what type of business that you are thinking?

We are all thinking of a business that is going to generate good profit and is able to accept bitcoin payments.

But what's the idea is on your mind?

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July 26, 2017, 02:01:36 PM
 #336

One of my major priority  is to invest my bitcoin into offline business,  rather than holding the coin there are a lot of highly profitable offline businesses  that will yield pfofits e.g Restaurant, bakery e.t.c these offline businesses will serve as an alternative source of income to the investor

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July 26, 2017, 02:29:36 PM
 #337

One of my major priority  is to invest my bitcoin into offline business,  rather than holding the coin there are a lot of highly profitable offline businesses  that will yield pfofits e.g Restaurant, bakery e.t.c these offline businesses will serve as an alternative source of income to the investor
Yes restaurant is one of the basic needs, so we will definitely get customers every day. Opening an offline business in the real world is indeed one of the best alternatives today. Because then we can earn money other than bitcoin world. This will make us get the balance in income.

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July 26, 2017, 04:16:58 PM
 #338

I've been doing it a few months ago. trying to invest in goat farm and culinary. next, my plans is I want to invest on the land or rented house. Although I think the advantage in online investment faster and bigger. but I think also that online investments have high risk and anything can happen, so I try to offline investments in several fields.

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July 26, 2017, 05:40:34 PM
 #339

In my case I use my bitcoins only for online business. Why you think that only online business that can be done by using bitcoins is running faucets. There are so many fields online that bitcoins can be used such as Hotel industry, medical field, Travel industry , media etc .. and the list goes like that. All you need is patience and good observing nature to study the details regarding the business. That's it.

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July 26, 2017, 05:44:21 PM
 #340

I think I would depend on my surroundings base on the shop that is needed in here.
After that I would try to look what would I need to make it successful .

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