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Author Topic: Do you agree that Bitcoin is nearly to be just like another business?  (Read 3114 times)
akihiro101117
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August 21, 2018, 05:03:39 PM
 #501

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.

yes cryptocurrency knowledge is exponentially spreading and it may distrupt the current financial businesses nowadays. greater efficiency, lower cost and faster transactions may take place if it materialized.


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isllander
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August 21, 2018, 05:26:52 PM
 #502

For me, bitcoin is progress. If business is part of progress, then it is the bitcoin engine. A new digital economy is a new digital currency, new goals are new...
Yadamosan
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August 21, 2018, 06:32:37 PM
 #503

Maybe yes or no, because there is some people using bitcoin as a business like the investors; but there still some people using bitcoin for their own expenses only but for me bitcoin is nearly to be just like another business because bitcoin is now a cryptocurrency, so most of the people who really don't know bitcoin have been noticed it because it's trend but for now, that bitcoin is have a low value and it's too expensive maybe that won't happen
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August 21, 2018, 07:51:46 PM
 #504

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.

Future of Bitcoin will be much diferent than today how we use Bitcoin and it is true that most merchants and online businesses hesitate to use Bitcoin due to the unstable price but if this situation changes in the future definitly Bitcoin will be used widely and will not be another Business option for Investors

so the way on how bitcoin are can be helpful to be are may always based on what may other and also on what are the situation is for and we should be more practical cause not all the time there is some chances of that this currency may exist we cant judge for what are may real happen on bitcoin for.

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ASHANABEY
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August 22, 2018, 06:52:41 AM
 #505

You are right, it really making up nice income. its a reliable business..
It is a reliable business for smart people but we see many new comers are getting fooled and scam by market manipulators in the crypto market so like any other investing asset Bitcoin should dealt carefully and unlike other investing options Bitcoin can provide more profits in short period of time
vnck25
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August 22, 2018, 07:07:41 AM
 #506

No I don't agree! The original developers and supporters of World's first cryptocurrency, Bitcoin created it as a third party free decentralized currency that can challenge the centralized authoritarian fiat currencies that we use. It is the investors  who have made it a kind of a get rich quick system, but the underlying purpose and technology is far more important and superior than getting a big buck in quick time.How BTC and other cryptocurrencies have evolved into investment instruments is in my opinion pretty sad! As told before its value lies in the fact that its technology can radically change how we use currency in this World. 
Sathya12
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August 22, 2018, 07:20:12 AM
 #507

Yes, Agree peoples desire to work with bitcoin
MUHAMAD JAROSO
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August 22, 2018, 08:25:42 AM
 #508

yes I agree that bitcoin is the same as other businesses. Bitcoin can be used for long-term investments, I can buy bitcoin and then save it for sale if the price is high. only other businesses also use the trading system. so I think bitcoin is the same as other businesses or investments.
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August 22, 2018, 10:20:45 AM
 #509

Yes in the future, for merchants that accept bitcoin, they will get more patronage from customers and could pose a big thread to their competitors. But first the issue of bitcoin delayed confirmation has to be fixed before any good head way.
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August 22, 2018, 10:29:01 AM
 #510

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.
I think that this depends on the particular person who is making the deal, if you are having an attitude towards bitcoin to be just a source of income it would be that for you.

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CeyCrypteon
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August 23, 2018, 06:25:16 AM
 #511

Bitcoin had become just like another Business because of the people and lack of business adaptation in the current world where the main purpose of a digital currency is hidden and there is no major scenario is happening to change the situation so it might take a while where we will be able to accept and use Bitcoin as normal money   
Akande13
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August 23, 2018, 07:29:17 AM
 #512

It is the investors  who have made it a kind of a get rich quick system, but the underlying purpose and technology is far more important and superior than getting a big buck in quick time.How BTC and other cryptocurrencies have evolved into investment instruments is in my opinion pretty sad! As told before its value lies in the fact that its technology can radically change how we use currency in this World.
pat4cryptoreal
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August 23, 2018, 07:40:07 AM
 #513

Bitcoin have so many application, any how you want it to work for you it will definitely work. If you see bitcoin as a currency you just use for easy financial transactions to friends, family members and business associates, it will do the work. Bitcoin can be use as means of investment, that is when it is seen as business. It can also be seen as technology that ensures accuracy, transparency and speed. Therefore bitcoin is another business.
ntodntodan69
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August 23, 2018, 08:50:30 AM
 #514

I do not agree that bitcoin is equated with other businesses, for example property, because bitcoin is crypto-shaped which has a very large risk, and also has a very large advantage.
Shakyamuni
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August 23, 2018, 09:02:09 AM
 #515

Bitcoin is being accepted by more and more businesses, which means that Bitcoin is moving along with the blockchain, which is a good thing!
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August 23, 2018, 10:47:42 AM
 #516

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.
I do know that some of the guys who are in here are using this thing as business or just a common source of income but there is also some people who are interested in the idea.

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tot-o
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August 23, 2018, 10:56:17 AM
 #517

I don't consider Bitcoin as plain business since it has large scope such as investment matter, as you can use it equal to money, and other activity like trading... But being or using Bitcoin you can initially involve in many kind of business
taivan11
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August 23, 2018, 11:03:27 AM
 #518

A business must be able to provide multiple benefits if we're able to take advantage of every momentum to be an opportunity.
Sofia234Edwards
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August 23, 2018, 11:08:54 AM
 #519

I don't fully agree, I think Bitcoin is independent and does not rely on any intermediaries. That made Bitcoin more interesting.
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August 23, 2018, 11:10:20 AM
 #520

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.


This is quite good but unfortunately if Bitcoin won't provide a lasting solution to it's Scalability issues, then it might be dumped for a better digital note that offers better speedy as regards confirmation of transaction and number of transactions that can porceessed per seconds. Bitcoin is falling short in these and urgent need for a lasting solution.
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