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Question: Would you start a bitcoin business today? (1 BTC = ~ $80 Today)
Yes - 21 (40.4%)
No - 2 (3.8%)
Half/Half (50% yes / 50% no) - 2 (3.8%)
BTC Prices doesn't bother me - Yes, I would - 25 (48.1%)
BTC prices doesn't bother me - No, I wouldn't - 2 (3.8%)
Total Voters: 52

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Author Topic: [POLL] Bitcoin Businesses  (Read 1014 times)
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maco (OP)
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July 04, 2013, 10:04:32 PM
 #1

If you know that BTC price may be dropping or could be trending up for a higher price...

Estimated value: (1 BTC = ~ $80 Today) via: https://www.tradingview.com/e/u4jxKre3/ (MTGOX BTC/USD)


ANSWER THIS after VOTING...
WOULD you still consider starting a BITCOIN business today?
What is your reason to the POLL answer you voted on?
worldtreasurefinders
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July 13, 2013, 03:56:02 AM
 #2

I think you need to be a little more clear what you mean by "bitcoin business". I already accept BTC for my work, but not exclusively. I accept gold, silver and FRN as well.

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Kris
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July 13, 2013, 04:45:32 AM
 #3

There is room for making all sorts of neat things based on Bitcoin. So I will vote YES.
BitTrade
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July 13, 2013, 05:38:52 AM
 #4

I vote yes because, well, I am.  
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July 13, 2013, 05:45:47 AM
 #5

Yes, because we do have a btc business.
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July 13, 2013, 01:42:33 PM
 #6

Everyone knows that Bitcoin is a volatile currency and I hope they would've calculated that into their business plan.

We have seen Bitcoin prices change dramatically since our store opened and apart from slow sales it hasn't hurt us. Mind you thanks to BitPay we haven't been hugely exposed to the price fluctuations.


maco (OP)
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July 13, 2013, 03:59:37 PM
 #7

Everyone knows that Bitcoin is a volatile currency and I hope they would've calculated that into their business plan.

We have seen Bitcoin prices change dramatically since our store opened and apart from slow sales it hasn't hurt us. Mind you thanks to BitPay we haven't been hugely exposed to the price fluctuations.



Good perspective.

Anyone else?
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July 13, 2013, 04:39:42 PM
 #8

I'm looking to a long-term perspective... so yes!

maco (OP)
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July 13, 2013, 05:28:34 PM
 #9

You mean electronic business or real /physical/ business

Either or.. no right or wrong answer here.. as long as topic discussed pertains to the thread's topic.
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July 13, 2013, 06:31:51 PM
 #10

BTC prices is irrelevant so yes, definitely  

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maco (OP)
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July 13, 2013, 08:12:53 PM
 #11

BTC prices is irrelevant so yes, definitely  

It is very relevant because that is your cash flow.

Businesses with unstable cash flow can go down at anytime
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July 14, 2013, 08:53:57 PM
 #12

But, Bitcoin is not Cash Flow Wink

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https://get.cryptobrowser.site/11117080
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