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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4984 times)
nguli
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June 06, 2018, 05:19:31 AM
 #221

if you sell it now it seems bitcoin price is still too cheap, you better wait until the price becomes very expensive and it is getting harder to get bitcoin.
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June 06, 2018, 07:45:50 AM
 #222

Personally, if I had a business I would accept bitcoin though I would consider its current price. It would serve as an investment for me in the field of cryptocurrency to which many believe has a great potential in thw future.
Though there is quite a lot of considerations including its indefinite volatility and its overall accessibility to public.
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June 06, 2018, 10:10:56 AM
 #223

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

I think small business is not ready to sell for crypto currency. because today, the crypto is high volatile. maybe in the future it will happen.

Small business can be a huge business when you work on it and make it success. It is not advisable to sell your created business to have cryptocurrencies. There are ways to earn crypto without selling anything. You are business minded person but you want to earn profit in easy way by giving up the other which small business can give you stable income when it success while you can earn crypto on other way. Learn to make improvement on how you will take the risk on everything.

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June 06, 2018, 10:38:28 AM
 #224

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

Are you saying that you are gonna sell your business just to have a cryptocurrency? If you do that then you are a fool because you already have a stable business you should never give that up because that is a stable income already and just fpr the sake of the cryptocurrency you will sell that what if that will never go as what ecpected then you will lose a lot of money you should always think of the consequences of your actions. You can always join the cryptocurrency if you have saved up money in that business
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June 06, 2018, 10:52:43 AM
 #225

I think accepting of crypto currencies by a small business is still few. Actually it doesn't ask big investitions, but the number of clients which would agree to pay crypto for goods or services is even smaller. I think it should to pass couple more years for crypto payments became mainstream.
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June 06, 2018, 01:44:45 PM
 #226

It depends on the preferences of the owner of the business  because they need to consider the fee and also the time that they need to wait before getting the payment to their wallet so because of those considerations, it will be clear if a small business should really get into cryptocurrency or not.
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June 06, 2018, 02:00:07 PM
 #227

I think the following factors will help in this :-
 
* Ease of payment
* Worldwide scope
* It can be kept a secret , can be made anyomous
* It could double your investments at right time
* No need to pay taxes and all and away from government regulations , (taxes will only apply when you will encash mostly )

I think there are other reasons too 😄 but that's all I can think of right now.

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June 06, 2018, 02:13:46 PM
 #228

Well we should not under estimate small business with big heart, big vision and strong determination, the reason they adapt bitcoin and join their business so that he can get along with other business too, but also it will take time before they can compete with others.

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June 06, 2018, 02:15:18 PM
 #229

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

Are you saying that you are gonna sell your business just to have a cryptocurrency? If you do that then you are a fool because you already have a stable business you should never give that up because that is a stable income already and just fpr the sake of the cryptocurrency you will sell that what if that will never go as what ecpected then you will lose a lot of money you should always think of the consequences of your actions. You can always join the cryptocurrency if you have saved up money in that business

I agree, you don't need to sell all you have now just to have crypto, there are a lot of ways to earn ,if you want to invest then invest but don't sell the things you have just to have it because there is no permanent in crypto ,you can lose your money if you do that.
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June 06, 2018, 03:05:30 PM
 #230

I think it's not a good idea to sell your Business for the cryptocurrency. Crypto World is not stable and you have your own business in real life, which is better. so don't do that even if the crypto got popular. because you already have an established Business. I suggest that you just have to join bounty campaigns, trade or invest in Crypto World. not selling your Business.

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June 06, 2018, 03:14:33 PM
 #231

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

No , I think the small business is not ready to sell for crypto currency, because It need much money to do it.
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June 06, 2018, 05:52:42 PM
 #232

It has to start with people offering online services in exchange for cryptocurrencies. This will motivate small businesses to follow suit when they realize that business is good with private individuals who accepted cryptocurrencies as a form of payment. Small businesses need experience before they can be successful in accepting crypto as a form of payment.
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June 06, 2018, 06:34:54 PM
 #233

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
the world is vast, and we are actually able to motivate dirikita or others to be able to start a business, as long as there is a willingness in dirikita. without will in all it will not run smoothly.
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June 06, 2018, 06:51:56 PM
 #234

You mean ready to accept crypto currency? Since its a small business, then yes they actually should be. You will see lots of small online shops accepting bitcoin. They get the coins and can instantly convert it to fiat within seconds due to low volume of transactions taking place in the shop. But problem with bigger business is that they cannot instant convert it to fiat and the price instability becomes a huge issue for them.

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June 06, 2018, 08:49:07 PM
 #235

if you sell it now it seems bitcoin price is still too cheap, you better wait until the price becomes very expensive and it is getting harder to get bitcoin.
You are expected to act rationally in the market and make rational market decisions. Selling your business only for crypto does not look a very wise idea. Besides, it will render you less secure in the crypto market. Those who keep side businesses and trade in crypto are way more secure when the market crashes. Better earn some money and invest that money in crypto rather than selling your business for crypto.
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June 06, 2018, 09:42:01 PM
 #236

I`m be rich with ETrader_Bot for Satoshi Nakamoto: https://www.bitcointalk.org/ETrader-Bot-Best-Software-For-Trading/ . You can be rich to.
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June 06, 2018, 09:50:54 PM
 #237

It's not a bad idea to sell your own small business to invest on cryptocurrency, but at first you must now, that crypto yourself with a big risky and it doesn't always give profits.
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June 06, 2018, 11:40:33 PM
 #238

Isn't relatively good for small businesses for crypto acceptance, may they just wait for known and big companies will full adopt these new form of currency payment. We knows, crypto development will continue and make people realize it.
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June 06, 2018, 11:43:51 PM
 #239

Why not? I think that would be great promotion for small businesses, especially if they sell their products on internet. Also, they can accept fiat currencies beside cryptocurrencies.

BTC
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June 07, 2018, 12:32:57 AM
 #240

It depends on the owner if they are investors or holding of some bitcoins they can manage to accept bitcoins as payments because they already know the strategy and steps on what to do to the bitcoins they accept as payments for the goods they sell.

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