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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 25684 times)
ArnoldChippy
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July 27, 2017, 06:10:33 AM
 #341

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
i think it can only be possible if the number of bitcoin users in your area more. because if people do not know about bitcoin then they will never take interest there, in one sense it is a good idea because through this way you can introduce bitcoin in your area in a good way.


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July 27, 2017, 06:28:33 AM
 #342

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 personally do not plan or do not have idea like that, because bitcoin still does not have many devotees in my country, so it seems still impossible to apply it, if in a country have a lot of interest on bitcoin, opening offline business in bitcoin it's is very possible , Because the business opportunity is very good.

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July 27, 2017, 10:08:19 AM
 #343

Yeah, i think that bitcoin business is useful for those countries people where their government allow to use the bitcoin in official level. Of course they have no problem to use bitcoin in market and start business. But i have a problem to use bitcoin in my country, because not everyone know about bitcoin in my country and also people not quickly trust on all crypto currencies. That's why now i have no plan to start any offline business with bitcoin. 
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July 27, 2017, 10:48:15 AM
 #344

I have got plans to start offline business with bitcoin acceptance. I have the hope that price increases that will surely make a big impact in the entire financial system and now the acceptance we have for bitcoin is low. For the future profiting investing now on a business is a wise decision.

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July 28, 2017, 03:08:16 AM
 #345

Putting up a business offline using bitcoin is a really good idea,
i would love to set a store selling my own brand of apparrel and accessories and people will visit my store to buy and pay it thru bitcoin, simple as that. Grin
it may sound simple but its not, living in a country were goverment doesnt support bitcoin currency is way more difficult for local merchant to start.
we are to far behind on other developing country who accept bitcoin as valueble as cash, this will take a lot of years for our country to catch up before it happen.
ill just sit down and watch and see it coming.

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July 28, 2017, 06:01:46 AM
 #346

I heard about someone who invested through Bitcoins in a restaurant, the only condition was to sell them for cryptocurrencies. It worked actually, the restaurant accepted many altcoins too and they jumped most of the time. I would have not done something like that but his risk paid off. I guess its based on the adaptation of Bitcoin and altcoins in your locality.




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July 28, 2017, 06:33:12 PM
 #347

I heard about someone who invested through Bitcoins in a restaurant, the only condition was to sell them for cryptocurrencies. It worked actually, the restaurant accepted many altcoins too and they jumped most of the time. I would have not done something like that but his risk paid off. I guess its based on the adaptation of Bitcoin and altcoins in your locality.
I guess you can go for accepting bitcoins for any business but as one of the optional payment processor and not as a mandatory payment system. This way you can start any offline business in any part of the world. Because I am sure out of 10 people at least 2 or 3 must be using/aware of bitcoins.

By starting a new business in your location, it will benefit you as well it will benefit to bitcoin ecosystem too like spreading awareness on bitcoin payments always makes people to think about adopting it.



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July 30, 2017, 08:29:55 PM
 #348

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?


If I had enough bitcoin yes, but there are many industries that are very intensive in the amount of money needed and so it may be difficult for the average user to be able to get enough funds to be able to invest in any of those ventures in the short term.

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July 30, 2017, 09:46:15 PM
 #349

I heard about someone who invested through Bitcoins in a restaurant, the only condition was to sell them for cryptocurrencies. It worked actually, the restaurant accepted many altcoins too and they jumped most of the time. I would have not done something like that but his risk paid off. I guess its based on the adaptation of Bitcoin and altcoins in your locality.

This is totally risky and they will just front the restaurant to collect as much as bitcoins/alt coins that they wish. But that guy, whomever he is, is just having a very big faith with crypto currencies. I will do same thing if I was able to have more than 50 bitcoins to start out this type of business.

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July 31, 2017, 01:09:51 AM
 #350

I think it would be too early to invest bitcoins in offline business as bitcoin isn't that popular anywhere in the world. You need customers for your business to sustain in the long run and I don't think it would be easier to find lots of customers for your product or services who even know about bitcoin. And if you have to convert your bitcoin to fiat and then if you invest the money obtained after currency conversion then I don't think it would be considered to be a bitcoin investment but it sounds a good idea and I would like to put it into practice when I'm sure that there lots of people here in my country who know and own bitcoins.

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July 31, 2017, 04:06:32 AM
 #351

i don't have any idea to invest my bitcoin in offline business because i think right now its not a good time to do that, many people still don't know about bitcoin and only few people know bitcoin. maybe if bitcoin is spread in many places then we can do this, for now, i'd better to do another thing that can help me to increase my bitcoin while i can thinking what kind of business that i want to create in future.

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July 31, 2017, 07:20:47 AM
 #352

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?



my country is not yet legalized the bitcoin as a mode of payment for an offline business. So i think i will convert my btc first into a real currency and i will invest my money into a big farm and also online business like encashing and online store for buying and selling goods
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July 31, 2017, 02:38:22 PM
 #353

Yes, I have a goal to invest in offline form of bitcoin revenue. Until now I am still looking for business partners in developing money through investments, maybe that way my income from bitcoin can be more developed in the form of offline business.

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August 20, 2017, 08:17:24 AM
 #354

Actually this is my main goal for now. To accumulate more bitcoins and use my earnings to have an offline business like buying real state and farmlands. Since our place is mainly agricultural lands then its a good way for me to earn income because most of our neighbors are farmers as well. I can have an income and help them earn as well as most of them have no regular job. For real estate, I will build or buy an apartment and lease it because it is a passive income as well.

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August 20, 2017, 01:23:18 PM
 #355

I had time to think of investing bitcoin into online business like trading .. but that for me has a high risk so I prefer to invest into offline business. I beeencana i gin open a restaurant in my city. Maybe this will require a lot of money and hard work. But lucky I have bitcoin. So i can sell my bitcoin to do that. Today's bitcoin prices are high so it only takes a few bitcoin just to make the restaurant.

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August 21, 2017, 11:41:30 AM
 #356

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?



my country is not yet legalized the bitcoin as a mode of payment for an offline business. So i think i will convert my btc first into a real currency and i will invest my money into a big farm and also online business like encashing and online store for buying and selling goods
We are in the same boat sir, because in our country bitcoin is also not legalize. But I wish that in the following months or years, developers of bitcoin was improve the legality of this crypto currency in all countries. Because I believe that it gives a huge impact to local businesses if bitcoin was become legalize in all countries.

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August 30, 2017, 02:01:18 PM
 #357

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?


This is what i am thinking for, i dont have any idea where do i invest my bitcoin in A offline business. Kindly please suggest for the best offline business that i am goimg to invest, any of those who have an idea!..
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August 31, 2017, 02:38:06 PM
 #358

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?


Yes, I would like to use the profit I am earning from Bitcoin into something profitable offline. And as you've mentioned about different industry, I would like to invest all of it into an agricultural-related business. I think it would be profitable, and also, my family has a background on it and we have a small business related to it, so I think it will give me big return of investment.

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September 01, 2017, 01:37:29 AM
 #359

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?


If it will be legal to my coutry, I will absolutely invest it into offline business to make the profit continuous. I would like to build a Hotel becaus I think that would be profitable. And since I have a background on hotel and management, I think my skills will somehow be applied to it. And I think it would be better if the payment will be through Bitcoin. But this could only be happen if Bitcoin will be legal to my country which I think is not impossible.

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September 01, 2017, 06:48:47 PM
 #360

yes it may be that your idea is perfect that our world is progressively growing starting a business is not easy to plan well needed in business already have plans to open a travel agency with bitcoin and open up opportunities for investors to join my company already built this plan 1 year ago but not yet done because it must be really mature

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