Hydrogen (OP)
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October 19, 2017, 10:55:06 PM |
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Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat? Could this represent a good business model for a small store with an online only presence? There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc. Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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h0lybyte
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October 20, 2017, 04:15:23 AM |
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There are numerous retailers which accept cryptocurrencies only for their goods and services and i am listing few of them below. https://bitcoinshop.us has been a strong beleiver of bitcoin from its starting. This eshop is live since july 2014. Users living in USA continent can order electronic goods,make up items and many more and can make payments in three major cryptocurrencies. http://memorydealers.com sells a wide range of computer hardware equipments. Both accepting bitcoin as well as other altcoins
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Honglee
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October 20, 2017, 04:30:16 AM |
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Crypto means business now and soon. Everything will start from bitcoin, altcoin will be selected. This is what i see. Thanks ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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"TEU - bitcoin for shipping ICO: 15/Mar - 12/Apr"
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illusioNiZt
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October 20, 2017, 07:02:48 AM |
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Crypto means business now and soon. Everything will start from bitcoin, altcoin will be selected. This is what i see. Thanks ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yup bitcoin will be used for regular transactions with few more alt-coins, although many alt-coins are made for certain target-users like Enjin coin is specifically made for gaming community for in game transactions.
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Almat
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October 20, 2017, 09:10:51 AM |
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Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.
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ralle14
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October 20, 2017, 01:26:24 PM |
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Could this represent a good business model for a small store with an online only presence?
No imo it's forcing all of your customers to use bitcoin just so they could buy your product/service and it can be costly on the fee's if you're looking to spend $10 or less in every transaction. Having a wide range of payment method is better than limiting it to one because it can encourage sales and gives more options to your customers. Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.
h0lybyte already mentioned a couple of them.
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solarion
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October 20, 2017, 01:46:08 PM |
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Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat? Could this represent a good business model for a small store with an online only presence? There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc. Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Dude check in purse io. Here you can access with the bitcoin any fiat options too. Via this site, you will be able to purchase any things in Amazon.com and you will be able to get this discount for using the bitcoin payment here. Additionally you will get the credits for accessing next time while purchasing things in this site. Bitshop is the place you can access only with bitcoin bro. Now most of e store people are looking into add the bitcoin payment API to their cart, soon will find many sites.
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pinkflower
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October 21, 2017, 01:34:14 AM |
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Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) From my perspective, no. But theres a case to argue for some of the altcoins you posted because they are reaching the same critical mass as BTC did in its early years. I am a Burst supporter myself but its accepted only in Bitlser. At least it has that.
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cpfreeplz
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October 21, 2017, 01:41:38 AM |
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If you accept ripple you're going to accept fiat. It's the same thing but one is more volatile.
Eth isn't a currency. The sooner people realize that the better. Doesn't affect me in any way. I don't invest in infinite supply shitcoins.
Doge - see the last sentence of eth lol.
BCH, the blocks are all over the place so good luck with that. It could take a day to get enough confirmations to send out the product to the client.
LTC and DASH could be smart options though.
I'd support any business that accepts crypto only, assuming I need what they're selling of course. Any stupid Tupperware-type pyramid scheme would be avoided.
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alexjhons
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October 21, 2017, 05:37:49 AM |
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Yes! The Bitcoin is used for Regular transactions like for buying the luxury items, goods and services and many more.
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btcton
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October 21, 2017, 05:59:17 AM |
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Besides the obvious illegal items such as drugs that can only be bought with Bitcoin and through Tor, I have seen a couple of VPN providers and server/web hosting providers that only take Bitcoin, but other than that, they never stood out to me as special or gave me any reason to remember them. Limiting a service payment to Bitcoin only does not attract Bitcoin users more than anything else (although other things like full anonymity might). Instead, it only limits your consumer base and sales. At the moment there are many more items that are exclusive to buy with fiat than there are to buy with Bitcoin, but that is to be expected given that Bitcoin is still growing and is not yet anywhere close to the size of currencies such as the dollar.
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The signature campaign posters adding useless redundant fluff to their posts to reach their minimum word count are lowering my IQ.
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kpcian
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October 21, 2017, 02:20:47 PM |
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Yes, it is, Nowadays Bitcoin is accepted by some of the popular sites and some big multinationals companies. but I haven't noticed any retailer shop which accepts Bitcoin as a payment tool. but day by day the time is being changed in terms of Bitcoin. day by day Bitcoin is becoming a popular platform along with a profitable system. it can also be used for the purpose of illegal activities. since Bitcoin is an anonymous platform so it can be used whatever you want especially in the business purpose.
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dunfida
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October 21, 2017, 04:57:14 PM |
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Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat? Could this represent a good business model for a small store with an online only presence? There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc. Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I guess no service or business would tend just to accept bitcoin or crypto purely which there would be always a fiat when it comes to payment.They cant risk on accepting only digital currency since those business owners are really aware on whats the risk behind it and speaking with the market or making use of altcoins I would say this would really takes time on which alts would be considered to be used as a payment.If they would able to achieve on the thing on what bitcoin did able to reach then for sure it is really possible but now its still too young but the next candidate on my mind would really be on ETH.
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FrueGreads
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October 21, 2017, 05:03:29 PM |
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I don't think it should be a bitcoin only business. Don't get me wrong, I'm a true believer of bitcoin, and I really hope to see more and more merchants using bitcoin on their services, either online or in a physical shop. The problem is that the network is still not mature enough for that. It will get there, but it would be better for your business to accept some alts and fiat as well.
We all know that the principal problem with bitcoin and the blockchain right now is it's scalability. Bitcoin can handle something like 3 transactions per second. If you want to have a business, specially an online one, I'm sure you want a thousands of customers (even though you said a small shop, but since it's online, it should be achievable). You will want to be fast responding to their needs and purchases, so I think that right now, you need more options than just bitcoin. I heard NEO can handle around 1K transactions per second, or why not Dash, since it's main purpose is to facilitate online payments.
Finally we are still not in massive adoption yet, so not having fiat could be bad to your business. I really think that you should offer multiple types of payment if possible.
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Kevondo
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October 21, 2017, 06:58:51 PM |
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Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.
These retiles are not really sufficient and the profit of the bitcoin will be high if the best source of the income will be applied for the increasing income of the bitcoin I am going to invest the high money I the bitcoin to get the good service for the increasing price of the bitcoin, I love to be the bitcoin user and the money through the bitcoin will give me the unstoppable profit indeed.
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Yuhee
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October 22, 2017, 11:42:30 AM |
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Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.
These retiles are not really sufficient and the profit of the bitcoin will be high if the best source of the income will be applied for the increasing income of the bitcoin I am going to invest the high money I the bitcoin to get the good service for the increasing price of the bitcoin, I love to be the bitcoin user and the money through the bitcoin will give me the unstoppable profit indeed. If for you, that is your strategy then its fine as long as you are profitting from it. But we all have different strategy and sometimes just having one income is not a smart strategy if you want to make more money. At least op is finding other coins which is maybe tough considering it is not in the hourly basis that altcoins price is changing. The only thing good about btc is it is always moving but altcoins can also be a big profit in a long term investment.
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reflector
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October 22, 2017, 11:57:11 AM |
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Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.
These retiles are not really sufficient and the profit of the bitcoin will be high if the best source of the income will be applied for the increasing income of the bitcoin I am going to invest the high money I the bitcoin to get the good service for the increasing price of the bitcoin, I love to be the bitcoin user and the money through the bitcoin will give me the unstoppable profit indeed. If for you, that is your strategy then its fine as long as you are profitting from it. But we all have different strategy and sometimes just having one income is not a smart strategy if you want to make more money. At least op is finding other coins which is maybe tough considering it is not in the hourly basis that altcoins price is changing. The only thing good about btc is it is always moving but altcoins can also be a big profit in a long term investment. Nowdays altcoins price falls to well, if we invest the money in altcoins you are in high risk buddy. I think you are not checking the difficulty graph of any coin in the coinmarketcap chart. Thus bitcoin is the only hope for all to find the profit. So you should be hold the bitcoins for some years. That holding will give the profit that you wish to invest on altcoins.
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Vaskiy
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October 22, 2017, 02:31:01 PM |
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Are there any such retailers? All I can think of is illegal black market online stuff. You're probably going to find a few if you start browsing the dark web lol.
These retiles are not really sufficient and the profit of the bitcoin will be high if the best source of the income will be applied for the increasing income of the bitcoin I am going to invest the high money I the bitcoin to get the good service for the increasing price of the bitcoin, I love to be the bitcoin user and the money through the bitcoin will give me the unstoppable profit indeed. If for you, that is your strategy then its fine as long as you are profitting from it. But we all have different strategy and sometimes just having one income is not a smart strategy if you want to make more money. At least op is finding other coins which is maybe tough considering it is not in the hourly basis that altcoins price is changing. The only thing good about btc is it is always moving but altcoins can also be a big profit in a long term investment. Nowdays altcoins price falls to well, if we invest the money in altcoins you are in high risk buddy. I think you are not checking the difficulty graph of any coin in the coinmarketcap chart. Thus bitcoin is the only hope for all to find the profit. So you should be hold the bitcoins for some years. That holding will give the profit that you wish to invest on altcoins. As the bitcoin keeps growing, it looks like that the value of altcoins have decreased. It seems that the value of every altcoins were almost similar when considered in terms of dollar. Holding bitcoin is always a profitable asset, but with altcoins it has higher risk of profiting where lucky people get bigger benefits.
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iram3130
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October 22, 2017, 05:40:35 PM |
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I think there are still allot of places where Bitcoin needs to grow so I guess a website like this will struggle a bit right now but approximately in one year this will become a hit and those who started will make a fortune.
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Rinsend
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October 22, 2017, 06:15:31 PM |
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I think there are still allot of places where Bitcoin needs to grow so I guess a website like this will struggle a bit right now but approximately in one year this will become a hit and those who started will make a fortune.
anyone who starts doing a job with bitcoin income, within a year it is certain that bitcoin will be able to achieve success with high price growth and perhaps within the next one year will be doubled from the current bitcoin price. therefore from time to time there will be no belated belief to learn bitcoin
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