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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 33437 times)
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October 24, 2017, 07:26:03 AM
 #401

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?



In my own opinion, I think that it is not possible to have an offline business that is engaging to bitcoins for the reason that bitcoins was made online and it will be only manipulated through online. The currency is abstract so there is no way that bitcoin will be used offline.
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October 24, 2017, 03:46:09 PM
 #402

In the future this is potential but now is too less of people who know to bitcoin so this cant

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October 24, 2017, 06:40:03 PM
 #403

My idea to invest bitcoin is in agricultural production, in my country the rate of consumption of poultry eggs has risen such that demand had exceeded supply, I am planning to save my bitcoin with the belief that the price will continue to rise, because investing in poultry is capital intensive but in a long run it will a very profitable business.

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October 24, 2017, 08:10:28 PM
 #404

I have thought about this already and It is totally insane in my country. My country is full of ignorant people who do not know what bitcoin is but they still criticize bitcoin. Damn, how can they discriminate something that they do not know about it? They think that bitcoin is the biggest scammer in this century and the government always try to stop them from using bitcoin





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October 25, 2017, 08:44:01 AM
 #405

My idea to invest bitcoin is in agricultural production, in my country the rate of consumption of poultry eggs has risen such that demand had exceeded supply, I am planning to save my bitcoin with the belief that the price will continue to rise, because investing in poultry is capital intensive but in a long run it will a very profitable business.

I think investing bitcoin into some other bussiness is not gonna give you very much profits like holding the bitcoin and selling the bitcoin in future.For example you are investing bitcoin into agriculture the it will give you profit of 10% or more but the bitcoin will give you 10 times of your investment in one or two years.

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October 25, 2017, 10:04:50 AM
 #406

My idea to invest bitcoin is in agricultural production, in my country the rate of consumption of poultry eggs has risen such that demand had exceeded supply, I am planning to save my bitcoin with the belief that the price will continue to rise, because investing in poultry is capital intensive but in a long run it will a very profitable business.

I think investing bitcoin into some other bussiness is not gonna give you very much profits like holding the bitcoin and selling the bitcoin in future.For example you are investing bitcoin into agriculture the it will give you profit of 10% or more but the bitcoin will give you 10 times of your investment in one or two years.
Basically you are correct but if you have lots of bitcoin it was good to invest it in agriculture like rice, corn, onion and other vegetable planting it could give you huge profit every harvesting time comes, this is what i am planning but since my bitcoin is not too many yet i started to buy 2 pigs and this would be my stepping stone in investing bitcoin in offline and some of my bitcoin was keep holding into my wallet and wait to grow and i know in the few months bitcoin value will increase more and brings more profit to all of us.
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October 25, 2017, 01:32:26 PM
 #407

In the future this is potential but now is too less of people who know to bitcoin so this cant
Things are changing quite rapidly especially when you talk about bitcoin. With the passage of time, the number of people who are investing in bitcoin is increasing quite rapidly which is creating lot of different opportunities to use your bitcoins for several different purposes. This is really a good idea to invest your bitcoin in some offline business. This will help you in more earnings.

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October 25, 2017, 03:49:22 PM
 #408

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 it is possible to start an offline business through bitcoins, But your business will not be connected to bitcoins since it was offline. You can use your bitcoins for funding your business because it was really fast and easy to earn profit from bitcoins.

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October 25, 2017, 04:14:37 PM
 #409

Yea, I have a strong intention to do that. Offline business have a way of touching lives of others
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October 25, 2017, 04:29:42 PM
 #410

I think investing in bitcoin itself is a lot better and more profitable than investing in any offline business. The bitcoin's price keep increasing with time and it will become higher in the future. Just buy BTC and hold it thats the best investment.


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October 26, 2017, 02:15:19 PM
 #411

My idea to invest bitcoin is in agricultural production, in my country the rate of consumption of poultry eggs has risen such that demand had exceeded supply, I am planning to save my bitcoin with the belief that the price will continue to rise, because investing in poultry is capital intensive but in a long run it will a very profitable business.

I think investing bitcoin into some other bussiness is not gonna give you very much profits like holding the bitcoin and selling the bitcoin in future.For example you are investing bitcoin into agriculture the it will give you profit of 10% or more but the bitcoin will give you 10 times of your investment in one or two years.
Everyone has his own way of thinking but I think otherwise. Investing bitcoin in some other business is the best way to make more money provided that you are having some good plan in your mind. There is nothing bad in investing your bitcoins in some other offline business if you think you can do well in that business. It only depends on your own motivation andself-determination.

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October 26, 2017, 02:52:01 PM
 #412

if i earn bitcoin .after that convert  bitcoin to india money.i would like to invest bitcoin in agriculture or shopping mall.

By doing that, you’re not investing Bitcoin, rather you’re starting up a business with the money you earned from Bitcoin. The reason people don’t talk about Investing Bitcoin offline, simple and short, is because bitcoin can never be invested offline. Bitcoin is digital money, and can only be earned and used online.
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October 26, 2017, 03:00:16 PM
 #413

I bought ATM machine in 2015 but still did not pay off.
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October 26, 2017, 03:58:57 PM
 #414

at now iam trying to colecting fund for start my T-shirt production,my project is to design clothes with Bitcoin and crypto related emblem on it.


I would like to say you the good luck for your upcoming business because all the think are getting very expensive so the importance of the thing are having the bright side, the value of the bitcoin is increasing more and more so you should take the start from the bitcoin buying and selling process. The value of the bitcoin is increasing and the people are trying to invest so if you will invest in the bitcoin you will get eh profit from it.
I don’t know for sure, but if I’m to start a Bitcoin related business, it would be a local (offline) Bitcoin exchange for my country, where the Bitcoin users in my country can come to sell their Bitcoin without risk; a business that will be done face-to-face, not only selling, including buying.
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October 29, 2017, 04:00:16 AM
 #415

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?



In my own opinion, I think that it is not possible to have an offline business that is engaging to bitcoins for the reason that bitcoins was made online and it will be only manipulated through online. The currency is abstract so there is no way that bitcoin will be used offline.
No! Bitcoin is a means of payment. Have you ever considered rendering a service and the customers pay in bitcoin ? Have you ever considered buying and selling and the customers pay in bitcoin ?

There are so many offline businesses you can do and bitcoin is not just meant to be a digital asset but as a means of payment. So, restricting bitcoin to online only makes it online, but that does not mean every form of business you want to do has to be online.

Talking about manipulation though, I do not understand what you mean by bitcoin being manipulated online.
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October 29, 2017, 05:34:21 PM
 #416

Oh yes, Am seriously planning to become a big time Agroprenure, with keen interest  in Snail and palm farming.  I already set my roadmaps  to this,  just waiting  and hoping to make some good money to commence.
I think that only those businessmen can use bitcoin in offline business that have a vast market around the globe they can buy raw materials for their productions and can accept bitcoin as their payment but for low investment businessmen using bitcoin is not possible because of the limited market cap. In the local markets many people do not accept bitcoin because of the unawareness.
I just to invest some of my bitcoin into offline business, but I have no any experience on how to create business. Therefore bitcoin business that's run into my mind is remittance, this remittance are not offline business. I also looking business partners because I was lack of capital for business, otherwise in our country there have no any business who accept bitcoin so I think this is a good opportunity to create business.
If you have the enthusiasm for business, you do not need any experience to create business, as you can start small, learn from it and grow it to your taste later on. Also, you do not need to wait for some investments to spring up in your area that accepts bitcoin, you can just start and fill that gap. Find an idea you love, build on it, act on it and watch it grow. That is the essence!
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October 29, 2017, 05:47:13 PM
 #417

I agree. I think it is possible provided you are willing to take risks. They say the first thing to do is to decide on embarking onto something. Then why not? Go for it!

As for me, you would have to check on your national laws if they allow the use of Bitcoin as currency. To be successful offline, you would have to follow the rules and regulations set forth by your government in order for your business to be legitimate for all intents and purposes. After following through all legalities, that is the time you manage your own affairs. Either you use Bitcoins as currency or commodity, it is all up to you, so long as you are acting in accordance with your laws. But one thing is for sure, you can use Bitcoins for purposes of funding!
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October 30, 2017, 02:49:01 AM
 #418

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?



Yeah! that's idea is possible,you can make any other kind of offline investment of your bitcoin,anything what you want in your asset to do,to grow  your profits.if you thinks any other kind of business outside in crypto world its better that this is your passion business,because if this is not your field and you join that business without knowledge &experience,all your assets will collapse and turn back to zero.but us of know its better you remain in crypto business.

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October 30, 2017, 02:55:12 AM
 #419

Yes, I am very much interested to invest but the problem is we have to convert them to Fiat currency directly people are still not accepting Bitcoin payment for any sort of business. For that we have to wait some more time until some one accept in the form of Bitcoins.

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October 30, 2017, 03:12:45 AM
 #420

Yes, I am very much interested to invest but the problem is we have to convert them to Fiat currency directly people are still not accepting Bitcoin payment for any sort of business. For that we have to wait some more time until some one accept in the form of Bitcoins.
I too have plans of making an offline business with bitcoin acceptance, but doesn't have plans of investing the same. Because even if I keep hold of the bitcoins, after years I'll be getting good sum of profit. Also business with bitcoin acceptance won't gain good in terms of bitcoin these days, but it changes when years pass and more people get awareness about the same.
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