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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4984 times)
Elmughni
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May 11, 2018, 12:37:31 AM
 #121

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 am not sure, I think the small business not ready to sell for crypto., starting up crypto requires huge fund to operate. given the volatility of the market, small busineses wont last long if have small funds. it could loss just in a short time. It is my opinion.
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Don_Leonardo
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May 11, 2018, 01:42:48 AM
 #122

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?

BitClave is building a decentralized monetized ecosystem. I think it's what you meant https://www.youtube.com/watch?v=ZQlQv4zi6YI The same concept
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May 11, 2018, 01:52:30 AM
 #123

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?

There has been many talks about using bitcoin as payment in small stores as well as reataurants, I think it is gonna be great, but he problem is, that it is very risky, the value of cryptocurrency is very volatile, making the income of the store unpredictable, if you are selling things and you got no clear income, then that is gonna be a disaster. The risk is just too high for small stores to take.

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IndzheborgC
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May 11, 2018, 05:22:11 AM
 #124

For example, the Solaris coin already introduces this possibility:
https://bitcointalk.org/index.php?topic=1831629.6960
...Solaris (XLR) is integrated into MyCryptoCheckout !
Businesses are now able to utilize MyCryptoCheckout and accept XLR!
Anyone is now free to use XLR as a payment method in their WooCommerce / EasyDigitalDownloads webshops, and any custom webshops that use the MyCryptoCheckout....
jcarlo
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May 11, 2018, 07:33:02 AM
 #125

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 not many merchant ready to accept bitcoin or other cryptocurrency for payment. Its happen because most country around the world prohibiting bitcoin as payment.
Beside that, not many people know how to use bitcoin. But I am believe that will happen soon and we can make transaction with bitcoin on the merchant
Sarisang
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May 11, 2018, 07:57:50 AM
 #126

might be a little difficult if expecting it. many feel if the payment with their prices then crypto certainly will not be fixed. fluctuation of terrific deals like this. Indeed the idea like this can actually draw attention if they knew the potential that exists in crypto. but most people don't yet understand it.
mojacho
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May 11, 2018, 08:06:29 AM
 #127

Small and medium-sized business should not sell, but accept cryptos. Smart-contracts in.anushop will be a genuine breakthrough. And some are doing it already, without any regulation. Until there are rules and free cryptocurrency circulation, it will be impossible, I think
kisscoin
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May 11, 2018, 08:09:37 AM
 #128

Cryptocurrency turnover is still very small. But, soon we will switch to cryptocurrency in all spheres and industries. Paper money today is already outdated. The future belongs to cryptocurrency!
Dukjila
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May 11, 2018, 08:42:54 AM
 #129

I think when selling goods for crypto currency it is difficult to find buyers and this is the main problem.
torch2121
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May 11, 2018, 09:25:08 AM
 #130

I think there's nothing wrong if the small business accept cryptocurrency as payment. I think for some business owner would take the advantage of accepting Bitcoin as a payment. Maybe, as long the payment of a certain item will sum up the transaction fee and tax of a certain items to avoid losses.

EddyGameta
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May 11, 2018, 12:43:13 PM
 #131

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?
Currently the amount is not big, this is because of the big risk they see, yes we can educate them but that is the source of their life and not everyone dare to risk such a precious thing for things that not necessarily benefit them or even burdening them for exchanging Bitcoin to exchanges diligently.
Elrozaq
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May 11, 2018, 12:55:37 PM
 #132

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 The small business is not  ready to sell for cryptocurrency, becouse it is not many things to do for a crypto. If The government ban bitcoin, you can do anything. In My opinion.
Kray
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May 11, 2018, 04:58:45 PM
 #133

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?
In fact every merchants should be willing to accept Bitcoin as a medium of exchange but they’re hindered by the government, FUD, and limitations of Bitcoin such as the speed of each transaction and its volatility that also affects fees that should facilitate but even complicate the transaction. From what I see there are some e-commerces have accept Bitcoin, yes e-commerce isn’t a 'small business' but they this can be used as an example for the small merchants.
Phildo
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May 11, 2018, 05:26:18 PM
 #134

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?
We are still far away to be able to shop in a small suburban restaurant to buy a lasagna using Bitcoin, there are still many obstacles we face for now, like the speed of transaction confirmation is still quite long. If it can be done faster, it’ll be very easy and convenient to transact but with a note Bitcoin’s price is stable
Anjing Lu
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May 11, 2018, 06:10:50 PM
 #135

Certainly ready, there is nothing complicated if you want to accept cryptocurrency, let alone many options cryptocurrency which can easily be applied to support small business.
brickafterbrickwalldpt
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May 11, 2018, 06:17:12 PM
 #136

I think when selling goods for crypto currency it is difficult to find buyers and this is the main problem.

And if you are a customer you will say "There are not merchants who would accept my bitcoins as a payment!". We should encourage both ordinary people and merchants to start using Bitcoin. Many people say that it is difficult to use, but they are all wrong. They are too lazy to learn about something new. If they were taught Bitcoin at school then they wouldn't have any excuses not to accept it. Bitcoin became so popular that it is really easy to buy it. There are many wallets, even on smartphones which make it very easy to send bitcoins.

HODLER Open Source Multi-Asset Wallet infrastructure test with $2000 worth of bitcoin for the participants. Read more here: https://bitcointalk.org/index.php?topic=5032817.msg46184177#msg46184177
illnino
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May 11, 2018, 07:37:47 PM
 #137

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?

Only the small percentage of people do not believe that Bitcoin and other altcoins business cannot bring the profit. The rest know that it is great and start it.
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May 11, 2018, 07:43:28 PM
 #138

The fundamental way that small businesses can use blockchain technology is by accepting cryptocurrency as a form of customer payment. Blockchain can help bring products and transactional services to market quickly and inexpensively, and get rid of the traditionally high costs of security, data storage and other overheads. It can speed up the exchange of property, manage the overall execution of business contracts, streamline overall contractual enforcement, track and verify identities, and many more.

So if this small businesses get to understand this they will thrive faster

Blockchain and cryptocurrencies should be targeted at those industries where the benefit is the most apparent and clear (e.g. identity).
It is also about how much pressure that the customers exert on the businesses to accept cryptocurrencies as a form of payment. If lots of customers demand or request it, then many businesses will offer such services.
Pattberry
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May 11, 2018, 08:20:11 PM
 #139

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?
For any merchants to start accepting cryptocurrency they need to have a system where they are able to swap the digital assets to fiat currency as soon as they conduct their business and if that is possible then merchants will start accepting any digital coins and it might take a longer period of time to actually see those changes.
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May 11, 2018, 08:27:12 PM
 #140

In my country there are already some online stores (which can be treated as small business), selling various kinds of stuff from pet supplies to underwear.
I still can't figure out how they manage the daily volatility of BTC? How much would an item cost in BTC could lose 20% of its value over a day?
Maybe the owners of these businesses just use the earned bitcoins for future investment?

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