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Author Topic: How much important bitcoin for entrepreneurs?  (Read 1709 times)
nursahath07
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December 18, 2017, 04:13:34 AM
 #1

World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.
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December 18, 2017, 05:37:31 AM
 #2

I took advantage of the Bitcoin price flactuantion by investing 10% of my earnings. My $500 turned to $18k. I seeit as money multiplier

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December 18, 2017, 06:54:29 AM
 #3

Bitcoin is very important to entrepreneurs because it is the future of money and entrepreneurs need money to do business. Many of them are taking advantage of Bitcoin in other to advance their business and that is why we are having a lot of entrepreneurs developing new project and raised money or fund through ico.

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December 18, 2017, 07:15:48 AM
 #4

bitcoin is a digital asset that is now popular and much in demand because its value is very high. in the world of crypto, indeed up and down the price can't be predicted. but when its value rises drastically in the near future, it will be very profitable. the transaction is also easy and safe. it will be very important for an entrepreneur.

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December 18, 2017, 07:23:41 AM
 #5

World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.

I can't help but believe that entrepreneurs who are getting into investing would be very nervous to put their money into bitcoin. There's no physical backing like fiat currencies which normally have some gold backing, etc. To them, it's a risky investment because there could be any random point in time where bitcoin takes a 180 and starts to drop. We can't really predict it, and I'd venture to say that since the China FUD we haven't really experienced a real, strong drop. It's the anticipation of that moment which could be keeping entrepreneurs away from the coin.

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December 18, 2017, 07:33:44 AM
 #6

Bitcoins is important for enterpreuners but not all.. well I do think that when you start a business its very important to consider all the new things that are in the market and also... We all know that in todays world cryptocurrency is very predominant and we all know who...is dominating cryptocurrency market...
Thus I feel its very important to inculcate..new technology and everything when you start a new business... Also there are major ICO's that are successful in todays world..based on bitcoins only... Bitcoins bring more strong investors and its...easy to operate and is very flexible thus I think it... Does makes a great business startup fund...
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December 18, 2017, 07:55:40 AM
 #7

Bitcoin is very important to entrepreneurs because it is the future of money and entrepreneurs need money to do business. Many of them are taking advantage of Bitcoin in other to advance their business and that is why we are having a lot of entrepreneurs developing new project and raised money or fund through ico.

There are many ways entrepreneur can be benefitted by bitcoin and other altcoins as I can easily get foreign funds from my friends abroad who wants to be an investing partner for my new startup and earlier we have to run between money exchangers with a hefty tranfer charges which is not good for start ups to waste money for changers hence it has been reduced to great extend by the emergence of bitcoin .

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December 18, 2017, 08:09:56 AM
 #8

Entrepreneurs are always in such currencies which will make their trade & transaction easy and less time consuming. Bitcoin is the best currency for such trades. Bitcoinis a digital cryptocurrency. It posses decentralised and peer to peer exchange method. Means between entrepreneurs and customers no third part interference is possible. Which is quiet beneficial for boths. Bitcoin wallet is used in settlement of any transaction so settlement time as well as settle charges are quiet less. All bitcoin transaction are verified and secured by its users/ miners protected by bitcoin`s own security system Blockchain. Which is an additional benefit for both customers and entrepreneurs.

   

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December 19, 2017, 12:01:03 AM
 #9

World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.
for me bitcoin is very important especially for the entrepreneurs for doing there best to continue for the progress of everyone like me thats why btc is really important.

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December 19, 2017, 02:56:18 AM
 #10

I took advantage of the Bitcoin price flactuantion by investing 10% of my earnings. My $500 turned to $18k. I seeit as money multiplier

But that's not helpful for a business owner, you're pretty much just saying that the only reason Bitcoin is helpful is that of the increase in price. Well with that logic, once the price of Bitcoin falls then it isn't helpful? Bitcoin wasn't made to be a commodity like gold or silver, it was made by Satoshi to be a currency that was decentralized.

Bitcoin can be helpful to entrepreneurs, but only to consumers who are only going to be using Bitcoin and buying products with Bitcoin. Without that, it makes it useless as if consumers don't care what they're paying for a company is probably much more suited to be taking in payments by CC, cash, etc.

So, negligible importance.

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December 20, 2017, 02:50:48 PM
 #11

...Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.

I think you are referring more to it being used to pay outsource workers. Yes it did had benefits but with backlogs and delays happening more often, it's not as efficient as it once was. Though the option of having their salaries deposited directly into an exchange might be cool for freelancers who are into trading.

The main challenge for the entrepreneurs is the fluctuating price since many still run their businesses in fiat.
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December 22, 2017, 07:53:30 AM
 #12

I took advantage of the Bitcoin price flactuantion by investing 10% of my earnings. My $500 turned to $18k. I seeit as money multiplier
Bitcoin is no doubt the best way of multiplying your money by a significant number. The market value of bitcoin is almost increasing on daily basis. So, it is really a very good opportunity not only for entrepreneurs but for all of us to invest in bitcoin to have much more money in return then our actual investment. Bitcoin is going to make our lives far better than our present lives.

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December 22, 2017, 08:00:01 AM
 #13

But that's not helpful for a business owner, you're pretty much just saying that the only reason Bitcoin is helpful is that of the increase in price. Well with that logic, once the price of Bitcoin falls then it isn't helpful? Bitcoin wasn't made to be a commodity like gold or silver, it was made by Satoshi to be a currency that was decentralized.
But you do agree that bitcoin is more of an investment to people nowadays than a currency? It has been seen that in countries that dont have merchants (big merchant not local shops) the adoption of bitcoin is still slow and needs more effort from blockchain enthusiasts. Thus the fact that bitcoin is another currency is hard for them to believe.

Quote
Bitcoin can be helpful to entrepreneurs, but only to consumers who are only going to be using Bitcoin and buying products with Bitcoin. Without that, it makes it useless as if consumers don't care what they're paying for a company is probably much more suited to be taking in payments by CC, cash, etc.So, negligible importance.
I have to disagree to your point. There are many startups based on blockchain technology which are using bitcoin as a mode of crowdfunding, payment system and blockchain as a service. They are making bitcoin more exposed to mainstream culture.

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February 27, 2018, 09:33:04 AM
 #14

World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.

I can't help but believe that entrepreneurs who are getting into investing would be very nervous to put their money into bitcoin. There's no physical backing like fiat currencies which normally have some gold backing, etc. To them, it's a risky investment because there could be any random point in time where bitcoin takes a 180 and starts to drop. We can't really predict it, and I'd venture to say that since the China FUD we haven't really experienced a real, strong drop. It's the anticipation of that moment which could be keeping entrepreneurs away from the coin.

WiKi: On 15 August 1971, the United States unilaterally terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a fiat currency. This action, referred to as the Nixon shock, created the situation in which the US dollar became a reserve currency used by many states. At the same time, many fixed currencies (such as the pound sterling) also became free-floating.

The amount of gold at this current price has a small volume and can not provide anything. All the gold in the world costs $ 7.8 trillion. Investments in derivatives alone are equal to $ 1.2 quadrillion.
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June 06, 2018, 11:53:42 AM
 #15

World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life.  Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this  currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.

It is important for them to know this new trend, I believe that if they try to study how this currency work they will be successful and maybe become a millionaire someday. It is their expertise so that it was easy for them to apply Bitcoin to their businesses in the future. This was a good time for the entrepreneurs to start their business with Bitcoins.

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June 06, 2018, 11:54:35 AM
 #16

I took advantage of the Bitcoin price flactuantion by investing 10% of my earnings. My $500 turned to $18k. I seeit as money multiplier
Lol bitcoin price multiplied only by three last december 2017 so it's impossible that your $500 become $18,000 i dont buy that story tell that to the marines.

Entrepreneurs are needing profiteering so if they find crypto investments are reliable then th may be one of the most important thing from them

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June 06, 2018, 12:43:50 PM
 #17

bitcoin is a digital asset that is now popular and much in demand because its value is very high. in the world of crypto, indeed up and down the price can't be predicted. but when its value rises drastically in the near future, it will be very profitable. the transaction is also easy and safe. it will be very important for an entrepreneur.
Bitcoin can be use as exchange to other asset which can make for entrepreneur a business to work on and make success. Even bitcoin is volatile, there can be a huge important role for a person because entrepreneur can faced much risk before success as they are investing in bitcoin  at this state.

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June 06, 2018, 01:18:56 PM
 #18

I think the bitcoin role for entrepreneurial activity will be a very profitable contribution for now. because I think in the future in terms of the digital world will certainly grow rapidly so that with the inclusion of bitcoin as a means to make transactions or else of course will facilitate the entrepreneurs who will do all sorts of transaction activities because of course with the method owned by the bitcoin will make it easy.

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EnricoGomez
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June 06, 2018, 02:14:24 PM
 #19

I do agree that investing in bitcoin and other cryptocurrencies is another open door of oppprtunities for entrepreneurs especially of they have an adequate knowledge of it to strategize and manage their own finances on their own without falling into false speculations.
If you are profit-bounded, yes, bitcoin is great and a necessity yet to be considered.
ivrynx
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June 06, 2018, 02:33:50 PM
 #20

I think it will depend on the type of entrepreneur, if the they are the traditional kind, they would not give any acknowledgement to crypto currency, since that is how they use to their business, but if they are innovative, there is a high chance than they might also venture into crypto currency, however there will always be risk in doing so, the value of crypto currency is volatile and there will be times that they will be losing or gaining profit, though there are a lot of companies today willing to venture in the crypto market, I still don't see any traditional businesses really shifting from fiat to crypto currency.
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