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Author Topic: Do you have an idea to invest your bitcoin in offline business?  (Read 33009 times)
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October 30, 2017, 03:12:45 AM
 #421

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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October 30, 2017, 03:54:26 AM
 #422

Once i had tried it, i invested a start-ups with my bitcoin, but i failed, the reason was that the price of bitcoin pumped a lot, so the founder decided to sell bitcoin and quitted to do other things, it made me disappointed, i think people outside bitcoin world may not understand it thus don't believe in bitcoin, i will never invested them with my bitcoin from then on

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October 30, 2017, 04:20:53 AM
 #423

Once i had tried it, i invested a start-ups with my bitcoin, but i failed, the reason was that the price of bitcoin pumped a lot, so the founder decided to sell bitcoin and quitted to do other things, it made me disappointed, i think people outside bitcoin world may not understand it thus don't believe in bitcoin, i will never invested them with my bitcoin from then on

What's that start up you made with bitcoin? People outside bitcoin will never understand what bitcoin is if they are not going to start knowing their things about bitcoin. And instead of knowing what bitcoin is, they are only listening to the people that are talking negative about bitcoin and this is stopping them to have an idea to invest their bitcoin in offline businesses.

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October 30, 2017, 08:17:49 AM
 #424

yes, it is a good idea, now many miners are doing offline business and make btc mining as their offline business capital supporter, because we do not know when mining btc will continue in each country.
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October 30, 2017, 08:34:49 AM
 #425

In the future this is potential but now is too less of people who know to bitcoin so this cant
Have you considered the few number of people who might wish to try their hands on actually making use of bitcoin for real life purchase? Sure, we may have less people and it is not like it is a must for someone to consider only bitcoin as a form of payment as that will apparently be a stupid thing to do. However, you can combine with fiat, make it flexible and you had be surprise some willing to pay in bitcoin.
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October 30, 2017, 08:58:59 AM
 #426

Basically this is a good idea and I agree, and with that bitcoin will definitely be more recognizable by many people even new people who have not recognized bitcoin at all. But honestly .. I personally have not dared to doing this, because in the country where I live, the government really still really banning strictly using bitcoin as a method of payment or to buying anything. And as a good citizen, of course I can only obey the existing rules and trying to obey the government's regulations. Maybe next time after the goverment can be really legalize bitcoin, I've a plan to doing this business.
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October 30, 2017, 11:34:41 AM
 #427

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.
You are right in a way though but that still depends on the investment you are relating to. Sure, it is hard to invest in something these days which obviously will even tie down your capital and may not give you as much as profit on investment with the capital as much as bitcoin would have given.

So, I can totally relate why having to consider pulling the funds into investment may not be good. However, there are some investments though that you can do and earn you pretty much in a short while like real estate, oil and gas and so on, it is just to find the right one. After all, diversifying is a good thing in investments.
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October 30, 2017, 01:29:15 PM
 #428

actually a lot of business plans that I want to do from bitcoin results, I want to open a restaurant business plan because the restaurant business promises in the future. the second I want business on the farm because I live in the village.

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October 30, 2017, 07:27:59 PM
 #429

it is good idea. I actually invest my bitcoin in an offline business. but it is a personal business, and I still develop it. but I think I want to develop it myself first then if it is possible I would invite bitcoin investors to join like you said.
I must say that there is nothing wrong with investing some of your btc in and offline business. Because as for my experience as a student ofcourse i came to the point that I also decided I needed to invest some of my btc to an offline business inline with our family. I mean atleast i get to earn money within our currency and at the same time from bitcoin.

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October 31, 2017, 11:06:58 AM
 #430

Actually it's a good idea, I plan to do that too, investing bitcoin in offline business, but it will be difficult if there is no support from the government, the problem in my country bitcoin half banned because it is considered not a valid payment instrument.
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October 31, 2017, 04:39:23 PM
 #431

yes, it is a good idea, now many miners are doing offline business and make btc mining as their offline business capital supporter, because we do not know when mining btc will continue in each country.
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October 31, 2017, 09:02:38 PM
 #432

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 have enough Bitcoin I will invest it in an offline business like Agriculture particularly farming of Ginger because it is a lucrative business here in my country.  And apart from Agriculture, I will set a clothing business which is one the growing and lucrative business here in the Capital city of my country. How I wish I can get someone can link me up with Calvin Klein and D&G so that I can go into franchise with any of them.

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November 01, 2017, 07:36:06 AM
 #433

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?



How would invest bitcoin directly if most of the people don't accept them ? Not really feasable unless its your own business. Bitcoin is used to invest in online opportunities and not offline because it can be converted to fiat if you want to invest offline. People don't buy or save bitcoins to invest offline. By now it is clear the government and banks won't let it be successful as an actual currency in the real world.

It's hard to think that you can actually use bitcoins in real world especially if most people doesn't use it and and the government is not really into it. I think what he really means is that to use bitcoin and convert it to fiat and used it to fund his own business. This is a good idea actually, I also wanted to earn bitcoins fund my own poultry farm and maybe I'll open an bitcoin investment site for my own business but somehow i think it is not feasible enough to earn profits.

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November 01, 2017, 03:24:03 PM
 #434

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.
Till date I don’t think so that bitcoin can be used like paper currency, because you can use your local or any other paper currency anywhere but in bitcoin it is not possible till date because most of the people do not even know about bitcoin how they can accept bitcoin and the other problem is this that the restaurants, hotels, shops and any other place have no idea especially in my community to accept bitcoin. Therefore I think that using bitcoin like offline currency is impossible.
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November 01, 2017, 05:11:12 PM
 #435

Of course I really want to do that but it's really difficult to find out an offline business accept Bitcoin cause Bitcoin is not really well known like everyone still thinking. Beside Bitcoin is not legalized worldwide so in almost country all over the world people can't use Bitcoin to invest in offline business and my country is not an exception.
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November 01, 2017, 06:24:06 PM
 #436

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 have enough Bitcoin I will invest it in an offline business like Agriculture particularly farming of Ginger because it is a lucrative business here in my country.  And apart from Agriculture, I will set a clothing business which is one the growing and lucrative business here in the Capital city of my country. How I wish I can get someone can link me up with Calvin Klein and D&G so that I can go into franchise with any of them.

I am also thinking of investing my bitcoins in some offline business. I am well aware that it's totally possible that everything will go downhill. I know that it's possible for that business to become bankrupt but sometimes it takes years before a business actually makes some money. If that ever happens to the business I have invested in, then that will be really great. I am looking forward to opening up my own coffee shop because there isn't one in my place. People love to socialize in places like those. Just add some good music, good vibe, and welcoming employees and people will be there every single day. I mean, who doesn't like to drink their coffee, right? And even if let's say it becomes a little overpriced because they are not only paying for the coffee but also for the service, who cares? I would have no competition here, plus, people are dying to spend their money on overpriced coffees anyway. I'm also thinking of franchising in a clothing company because there are 3 companies that opened up in my place, and they are no good. No one's even buying on their store and I bet it's because they don't really sell trendy stuffs. So choosing the right company to invest in on that field would have been a crucial thing. I would have invested in a different clothing line (the clothing line that I'm talking about is at the same level of the stores that we have here, just much better clothing style so I know people would buy there instead).

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November 02, 2017, 01:34:21 PM
 #437

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?



How would invest bitcoin directly if most of the people don't accept them ? Not really feasable unless its your own business. Bitcoin is used to invest in online opportunities and not offline because it can be converted to fiat if you want to invest offline. People don't buy or save bitcoins to invest offline. By now it is clear the government and banks won't let it be successful as an actual currency in the real world.

It's hard to think that you can actually use bitcoins in real world especially if most people doesn't use it and and the government is not really into it. I think what he really means is that to use bitcoin and convert it to fiat and used it to fund his own business. This is a good idea actually, I also wanted to earn bitcoins fund my own poultry farm and maybe I'll open an bitcoin investment site for my own business but somehow i think it is not feasible enough to earn profits.
Yeah it is really tough to use the bitcoin at the simple when you know all the people are not yet aware of the bitcoin.First of the most you should get the proper information and then think about it that how you will be able to hold and get the profit, buying the bitcoin and not spending it will be the other source of the money making you will hold more and you will buy the high bitcoin for sure.

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November 02, 2017, 03:57:29 PM
 #438

actually a lot of business plans that I want to do from bitcoin results, I want to open a restaurant business plan because the restaurant business promises in the future. the second I want business on the farm because I live in the village.
Wow opening the restaurants is the best option because a lot of the people are now trying to get the best and the best food so buying the online food is the best thing in the bitcoin, I have heard that now the business of the bitcoin is increasing more and more so I would like to say buy the bitcoin and hold for the long time it is good to invest in the bitcoin and open your restaurant paying with the bitcoin
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November 03, 2017, 04:38:01 AM
 #439

Of course I really want to do that but it's really difficult to find out an offline business accept Bitcoin cause Bitcoin is not really well known like everyone still thinking. Beside Bitcoin is not legalized worldwide so in almost country all over the world people can't use Bitcoin to invest in offline business and my country is not an exception.

I'm afraid that in your country you can't convert your bitcoin into fiat? That's why you can't open up your desired business. I mean here in my country we can easily convert some of our bitcoin into fiat then sky is the only limit where we will spend it. So putting up an offline business here is easy. What's really tough decision here is what business shall be put up.
Actually, I want my first business that can reflect my personality and that's the easiest way to come up an idea. Since I like reading books while having some good coffee like I'm really a fan so I want to open up a coffee shop with library. Yeah like a library with a lot of interesting books, good ambiance like you'll feel like you're at home sipping a good coffee while reading your favorite books with a calming musics. Thinking how relax will be having these will really give me some chills.

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BUY_SELL
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November 03, 2017, 06:22:41 AM
 #440

Currently, it is not very profitable to invest bitcoin in offline business, as the percentages of growth are not comparable. A good offline business fully supports bitcoin payments yet to come up difficult
Such investments are suitable only as a diversification of risks
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