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Author Topic: Cryptocurrency could help your business or not?  (Read 2023 times)
Donotfoolme
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June 19, 2018, 10:24:56 AM
 #81

for me it helps alot because im a young businessman and at first i have no one and nothing to rely on where to get my funds until i come up with bitcoin. bitcoins help me to get initial funds to start up and get my business kicking now, as a vegetable seller and my own internet cafe .
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June 19, 2018, 10:35:45 AM
 #82

yes definitely it can, cryptocurrency has a great potential that could help the business the main reason is the transfer of funds its purely hassle less anywhere and everywhere in few minutes.
True, Cryptocurrency has a great potential but one thing i need to say is that cryptocurrency money is not really yours until yo actually convert it to your local currency due to the rise and fall of the market. Learnt that in a hard way  Angry
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June 19, 2018, 10:40:19 AM
 #83

Well, business will certainly become more, crypto currency is a good impetus to the development of its business. Of course the most popular option is the ICO, where you can raise funds for your business by presenting yourself well, and having advertised the project that you are about to launch.
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June 19, 2018, 10:53:54 AM
 #84

Yes we can just wait in time and see what will happen next, anyways I think cryptocurrencies can help your business in the future because as a lot of people are hodling these digital currencies they can be used in the future too once establishments will be accepting cryptocurrencies. So it will be an advantage for those who have businesses to add that to their business.

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June 19, 2018, 11:01:56 AM
 #85

It really helps a lot for those people who want to start a small scale business. Cryptocurrency will be their financial support to their business. Aside from that, a single person can do his/her business while also doing crytocurrency.

brickafterbrickwalldpt
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June 19, 2018, 11:11:46 AM
 #86

I'm not running any sort of business but I think that Bitcoin and other cryptocurrencies could help some of them financially. If you have a shop in a large city then accepting Bitcoin would be something that could attract more customers. There are even websites which are forced to closed because of banks and PayPal closing accounts. Your Bitcoin address can't be blocked or deleted.

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Dreamchaser21
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June 19, 2018, 11:16:39 AM
 #87

It really helps a lot for those people who want to start a small scale business. Cryptocurrency will be their financial support to their business. Aside from that, a single person can do his/her business while also doing crytocurrency.
Its too risky for the small business to use cryptocurrency simply because this is not yet recognized around the world and especially when your business is located in a not so advance city. Adopting cryptocurrency as mode of payment in your business can only be suit if you have larger capital simply because this market is highly volatile but for sure in the long run you idea to accept cryptocurrency will be great.
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June 19, 2018, 11:19:25 AM
 #88

Well, business will certainly become more, crypto currency is a good impetus to the development of its business. Of course the most popular option is the ICO, where you can raise funds for your business by presenting yourself well, and having advertised the project that you are about to launch.

In my opinion, cryptocurrency will help businesses in term of making payments online it will make business owners  life more easier to transact from other businesses.
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June 19, 2018, 11:20:59 AM
 #89

I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

I don't understand what exactly do you mean. There are the business working solely on blockchain projects, so yes, without crypto, they couldn't exist. SOmetimes crypto can be a good side business too

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June 19, 2018, 11:38:15 AM
 #90

I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

Actualy cryptocurrency is the big impact for growing bussiness economy by means of capitalize country,but in some opinion of other prominent local bussinesman,its is a big threats to there own local investment,because they thinks its a big rival of there own bussiness industry,just like warren buffet and bill gates opinion,thats why they make some bad words about digital currency investment in order the people would not like  the crypto system investment.

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goaldigger
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June 19, 2018, 12:14:26 PM
 #91

If someone uses bitcoin as a mode of payment on their business probably online business, its still a profit if it is for long time. People would probably buy an item with the same amount of their currency equivalent to bitcoin. This is just like paying normal currency even the value would go up or down. The thing is that when you are the seller and got paid when bitcoin is down, when the market comes up, you will profit.

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June 19, 2018, 12:21:58 PM
 #92

Crypto currencies could help the business grow specifically with its working capital. If the owner invest in bitcoin amd generate 100% of investment that profit could be used in expanding the business and most probably right now many businessmen are investing in bitcoin for the possible earnings they might get.
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June 19, 2018, 12:31:30 PM
 #93

I think it could help to take away some barriers like exchanging money, high costs of business banking accounts and bring some benefits in combination with IOT, smart phones etc. But first some barriers have to be overcome. A stable price, faster transactions, a broader acknowledgement, regulation etc. etc. On the other hand entrepeneurs can help integration as well and can take some sort of risk and show true entrepeneurship. Take the risk of a less stable coin and speculate, offer bonuses or discounts by paying with crypto or even tokenize their business model by either using existing chains or existing DApps or even build something of their own.
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June 19, 2018, 12:41:56 PM
 #94

it all depends also from the governments of each country, if there is support from the government, then bitcoin will reach its peak.
hopefully bitcoin be good news for all of us.

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June 19, 2018, 12:54:10 PM
 #95

read the experience of senior members in here I think bitcoin can help my business, and right now I'm trying to get help from this bitcoin and cryptocurrency to start my business
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June 19, 2018, 01:03:45 PM
 #96

I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.
The more ivestors emerge the more power the industry is, it is because of this helpful currency which mades everyone's life good. Due to this currency we can make more buiseness toward the progression of the economy also the country that we lived in today. Moreover bitcoin currencies affects different instituition in different country, like for example paying fee's using bitcoin im universities, and companies that accepting bitcoin for paying different transactions.

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June 19, 2018, 01:14:14 PM
 #97

I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.
The more ivestors emerge the more power the industry is, it is because of this helpful currency which mades everyone's life good. Due to this currency we can make more buiseness toward the progression of the economy also the country that we lived in today. Moreover bitcoin currencies affects different instituition in different country, like for example paying fee's using bitcoin im universities, and companies that accepting bitcoin for paying different transactions.

most of the countries including ours are already using bitcoin for other services like what you'v mentioned above. this includes paying for thier school fees , paying for the bills on malls/restaurants/hotels ,etc but that didnt affect our institution or any other institutions. that didnt also affect the value of bitcoin too much because if it did , then why the bitcoins value is still verry low? and also , why there are still a lot of people who didnt recognize bitcoin or afraid to use bitcoin?


but overall , cryptocurrencies are still verry helpful our lives as well as on every business .
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June 19, 2018, 01:17:53 PM
 #98

I think that the move to crypto will be difficult but soon every business will understand that it has a lot of benefits and it is a must to change to crypto. The way of making transactions is very convenient and simple
Difficult if they don't know what crypto really is but there's just a recent news that I've posted about Square cash app's adoption to crypto trading.

These type of businesses are really helping the market with adoption and additional market cap and demand.

Source: Square stock rises to new high after company says in-app bitcoin trading coming to New York

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June 19, 2018, 01:31:50 PM
 #99

I think that the move to crypto will be difficult but soon every business will understand that it has a lot of benefits and it is a must to change to crypto. The way of making transactions is very convenient and simple
Difficult if they don't know what crypto really is but there's just a recent news that I've posted about Square cash app's adoption to crypto trading.

These type of businesses are really helping the market with adoption and additional market cap and demand.

Source: Square stock rises to new high after company says in-app bitcoin trading coming to New York

I think yes in  every businessman it help a lot. Because though a payment system, it is a hassle free in every business. For me if i have a business i will accept a bitcoin. Because it makes my life easy and  convinient to transact by one to other.
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June 19, 2018, 01:39:45 PM
 #100

Now you can tokenize any business. And these tokens will have value for this business, its customers and partners. If the token is provided with any value, then the business is not threatened with banknotes and the token does not present any threat.

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