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Author Topic: Do you agree that Bitcoin is nearly to be just like another business?  (Read 3128 times)
youngagethinker
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August 11, 2017, 11:58:09 AM
 #21

Bitcoins usage makes different kind of business not the Bitcoin itself.
Well of course there are so many projects and ICo and crowdsale today because of Bitcoin and they are showing to the public different kinds of business but the thing here is Bitcoin has a worldwide features that can be used to almost all types of business.

Regarding to the mechants that accept btc as a payment, we can't tell how large the cap now but we're sure that the numbers are growing and other merchants don't accept btc as a payment because of the prices high ups and downs. If this become stable, this will be another story.

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August 11, 2017, 12:11:19 PM
 #22

Bitcoin nearly to be an instrument. When volatility will decrease much more It will be better instrument for biz.

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August 11, 2017, 12:35:55 PM
 #23

Of course I agree, bitcoin is the business in the world's most excellent and most advanced social media that I have ever known, in addition to the work we do everyday, we can also make money and save the coins that we get both long and short term , And we can get the coin through a bounty and ico

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August 11, 2017, 12:42:57 PM
 #24

Of course I agree, bitcoin is the business in the world's most excellent and most advanced social media that I have ever known, in addition to the work we do everyday, we can also make money and save the coins that we get both long and short term , And we can get the coin through a bounty and ico

Bitcoin is not a business. Bitcoin is like gold. Bitcoin is used for payments. You do a business and earn bitcoin as you earn money.
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August 11, 2017, 12:44:48 PM
 #25

Wow that really amazing here in my country bitcoin is accepted to pay our bills online and we can also withdraw our bitcoin via bank but it's already converted into fiat currency and hopefully here in my country atleast starbucks will accept bitcoin i will be amze and happy for that. They will make a good income for those who will accept bitcoin as payment gateway to their business.
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August 11, 2017, 12:45:30 PM
 #26

Yes I think that bitcoin is just like another business in the sense that it includes money and when you risk money you can earn money or you can lose some. And in terms of many possibilities in business there are many possibilities in earning from bitcoin such as trading, gambling and many more. And as a business it sometimes hard to earn, but sometimes it is so easy. Like easy money. Well I agree that bitcoin is just a resemblance in business in other term if we apply it to the real world.




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August 11, 2017, 01:08:32 PM
 #27

Yes. Of course. Anyone can't deny it. However, the great thing about this business is the fact that it can make a difference. Bitcoin is currently the most popular cryptocurrency that can end world corruption, that can stop transaction delays and that can bring a new hope to all new and existing investors.

Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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August 11, 2017, 01:38:09 PM
 #28

I think yes. You can say it just blocks of data, But it still deal with money. You can buy bitcoins and sell it to earn profit. That's already business transaction. You can work online to earn bitcoin and get income or should i say profit, that's already business. Many people invest on bitcoins so that they can earn more amount in the future and that's business. Through this examples, you can see that bitcoin is business
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August 11, 2017, 07:09:53 PM
 #29

Of course I agree, bitcoin is the business in the world's most excellent and most advanced social media that I have ever known, in addition to the work we do everyday, we can also make money and save the coins that we get both long and short term , And we can get the coin through a bounty and ico

Bitcoin is not a business. Bitcoin is like gold. Bitcoin is used for payments. You do a business and earn bitcoin as you earn money.
Gold dont "asking for food" as bitcoin - the bitcoin infrastructure eats electrycity and depreciate.

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August 11, 2017, 07:25:40 PM
 #30

Well, to me bitcoin is not really like a business.
There is no real leadership, and the decision making process just takes too long. A business could not work that way.
To me bitcoin is like a complete economical ecosystem. A combination of bigger and smaller businesses.
And bitcoin is the glue that keeps those companies together.

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August 11, 2017, 07:27:29 PM
 #31

Bitcoin is not only real business , but it is also real currency which is growing up day per day.
Yes we can make money easily with Bitcoin, and already many people worldwide created wealths by holding bitcoins.


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August 13, 2017, 03:17:48 PM
 #32

You are right, it really making up nice income. its a reliable business..
Yes, where I leave, there are also a lot of merchants accepting there, and it has become a source if money for everyone of them. There are even shops for Bitcoin where you can walk-in to sell and buy bitcoins. Bitcoin is really good, and I believe very soon people will start adopting it as a form of payment. I believe there are schools teaching about Bitcoin also.
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August 18, 2017, 07:42:56 AM
 #33

I strongly agree bitcointalk almost the same with other businesses that are different from the free market if in other businesses there is no free market if there is no price can go up and down.
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August 18, 2017, 07:46:23 AM
 #34

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

soon there will be many more merchants accepting bitcoin for their payment and crypto currency will become more famous. in next year, there will be more store, local and online, which join into crypto currency and using bitcoin and even altcoin for payments. the business processes will be upgrade to new level.

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August 18, 2017, 09:04:10 AM
 #35

I think bitcoin is not just another business.  I think bitcoin is an instrument to take power away from banks and other financial institution.  It was created to limit the power of banks and remittances when we are transferring funds or in short when it comes to finance transaction.  It also made the bank system obsolete due to bitcoin blockchains technology.  I think bitcoin is not just another business but rather a key to a new era of financial system.

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aesma
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August 18, 2017, 09:07:40 AM
 #36

If it was like a business it would be like VISA or Paypal. VISA and Paypal are companies with employees and shareholders. With BTC, there are no employees, and no shareholders. So it's not like another business at all.
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August 18, 2017, 09:23:39 AM
 #37

I think bitcoin is not just another business.  I think bitcoin is an instrument to take power away from banks and other financial institution.  It was created to limit the power of banks and remittances when we are transferring funds or in short when it comes to finance transaction.  It also made the bank system obsolete due to bitcoin blockchains technology.  I think bitcoin is not just another business but rather a key to a new era of financial system.

But we live in a civilization that does not expect decentralization, it would be a strong contradiction if bitcoin stands alone and against all systems of civilization independently, bitcoin should be able to enter into government regulations or be considered dissidents and potentially undermine the consistency of civilization, bitcoin is not considered another business if it can enter the legal tender of a country.


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nexus99
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August 18, 2017, 09:29:28 AM
 #38

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

Businesses should indeed start accepting Bitcoin on a global level, as cryptocurrencies are receiving more and more coverage these days. But then I don't know if it would be popular. I use Bitcoin as an investment and am perfectly happy paying with fiat. I can't imagine being bothered to use Bitcoin to pay for my groceries.
But there should be an option to pay for goods and services with Bitcoin all the same.
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August 18, 2017, 10:08:53 AM
 #39

If it was like a business it would be like VISA or Paypal. VISA and Paypal are companies with employees and shareholders. With BTC, there are no employees, and no shareholders. So it's not like another business at all.
Bitcoin is highly fun and a better way to earn, but as it's uncertain to be an commodity for business won't be that effective. It's good to keep it as an transaction token and can start similar to the Western Union and related services that are globally know for transaction between any two corners of the world.

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August 18, 2017, 12:38:39 PM
 #40

Bitcoin is getting more interesting and a lot of businesses already accepted bitcoin and adjust their system to adopt the newest convenient payment option and that is bitcoin. If the businesses in the world will just watch then they might get lose some potential profits because bitcoin is getting adopted in most of the countries in the world.
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