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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4986 times)
Scripture
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May 23, 2018, 10:47:59 AM
 #201

Ive watched a video last time regarding an experiment which id the company will offer bitcoin or cryptocurrency on their employees as their salary replacing fiats. Surprisingly,  a major number of people still agrees to have a crypto in exchange with their services.
yahamidu
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May 23, 2018, 11:14:52 AM
 #202

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.
stil55
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May 23, 2018, 11:29:34 AM
 #203

Every day the popularity of cryptocurrencies increases and new users join the market, now on the internet have many new sites that sell goods for cryptocurrencies. Gradually, large trading companies are considering the possibility of selling their goods for cryptocurrency. I think in the future all companies will switch to payment by cryptocurrency.
whirlcoin
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May 23, 2018, 11:52:58 AM
 #204

Many people are still afraid to take bitcoin amd the other crypto currency as the payment because of its volatility.But onlinenstores like amazon ond few other sites have option that paying with crypto currency which is just the initiative so in the coming years the crypto currwncy users will increase which also gives the merchant to use crypto currency payments.
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May 23, 2018, 12:42:58 PM
 #205

Every day the popularity of cryptocurrencies increases and new users join the market, now on the internet have many new sites that sell goods for cryptocurrencies. Gradually, large trading companies are considering the possibility of selling their goods for cryptocurrency. I think in the future all companies will switch to payment by cryptocurrency.
I'm not sure, right now that's different, many industries and individuals are adopting blockchain technology. including banking. I just think, will the world financial transactions will switch to using blockchain .... who knows.

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May 23, 2018, 01:39:37 PM
 #206

I've seen some ICOs that offer platforms where they can buy and sell their products in return for cryptocurrency or bitcoin.
MiXxe
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May 23, 2018, 01:45:00 PM
 #207

Actually this idea is good. It is somehow an innovation in the business process of any small business industry. If the owner is a crypto trader, well I think it is good. Nowadays, some popular food chains and stores are already accepting cryptocurrencies as mode of payment specifically the bitcoin. Maybe because it is well trusted and also for the convenience of the buyers. Besides, originally, the reason it is called cryptocurrency is to use it for buying purposes.

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May 23, 2018, 02:03:25 PM
 #208

Basically to start business full motivation and desires is in the person's mind. Secondly, the heart and mind of the people wants the new way of business it should be like that, then size the moment to start crypto business.

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JonathanCoper
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May 23, 2018, 02:05:04 PM
 #209

Well, if the owner of the small business is contented on its salary with that business then there is no reason for him to sell that, but if the buyer will buy it 5 times higher than the investor investment then it has possibility, but for me I don't sell my small business for cryptocurrency because it can never assure that you can get and income when you start to work with it.
olumyd
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May 23, 2018, 02:07:20 PM
 #210

It's still too soon for cryptocurrencies to make mainstream because of the huge volatility index, especially that of bitcoin, while it is possible to use these assets as financial instruments of a decentralised world, bringing it to a world yet to fully embrace its potential might have devastating effects.
trako
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May 23, 2018, 02:07:59 PM
 #211

What you're saying is not going to happen right now. very slow processing speed. and the prices are very variable. it may hinder trading. the buyer can somehow wait for the time for his benefit. but the seller's situation is different. if the prices are low and they need to buy new goods they have to wait a long time. High price differences prevent shopping with bitcoin.
kingragnar
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May 23, 2018, 02:10:35 PM
 #212

You can just persuade a person to enter into this business when a government's support comes from them because they will know that you are legit and do not scum. In this way it is easy to convince people to enter into this type of business. If there is even an online store that is affiliated with the Crypto currency it is difficult to do so. Because of the fluctuation of its price
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May 23, 2018, 02:44:25 PM
 #213

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?

Well, in my own opinion, the reason that can motivate people to start a crypto business is first, its important to recognise the cryptocurrency or people see the importance of crypto in business industry.

Or if business men really wants to build a business using a cryptocurrency it needs to promote it from people to become it a trend and we all know that lots of people is following the trends in the market. But, for me I am not sure if the crypto business will succeed because of the volatility of bitcoin price and its giving a hard time to the business industry once it will implement.

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Dr.Osh
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May 23, 2018, 02:56:50 PM
 #214

You can just persuade a person to enter into this business when a government's support comes from them because they will know that you are legit and do not scum. In this way it is easy to convince people to enter into this type of business. If there is even an online store that is affiliated with the Crypto currency it is difficult to do so. Because of the fluctuation of its price
business that involves bitcoin is very good, especially bitcoin provides a lot of functionality. it's just not that easy to build that business in some countries, because a country has their own fiat. so, it makes real transactions from bitcoin to business very difficult.

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The_Dark_Knight
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June 06, 2018, 01:50:55 AM
 #215

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?
One of the reasons business began accepting bitcoin was because of its cheap fees but those days are gone, but it is possible that thanks to the lightning network those days come back and this will make business to begin to adopt bitcoin once again, another reason will be simply the amount of bitcoin users, as such a number grows businesses will no longer ignore us and they will have to accept bitcoin if they want to be on business.
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June 06, 2018, 01:55:50 AM
 #216

The best thing to motivate the person to start crypto business is the fact that more people are oriented about crypto daily and monthly the numbers increasing rapidly. The more good crypto business form the big chance of successful at the end.
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June 06, 2018, 02:34:25 AM
 #217

It is. But is the country ready? To have taxes and payments in crypto? No, they arent, because you can earn crypto, but cannot spend Smiley
Yeah I think it will also affect, if your government doesn't have any rules about bitcoin, they will not forbid you to accept payments with bitcoin, but if your country forbids bitcoin, you should not accept payment with bitcoin in your shop dude, but maybe in the future there will be a system where the government can ask taxes for payments with bitcoins
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June 06, 2018, 03:37:04 AM
 #218

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 it will work in services being paid with crypto because we can easily get payments through online transcations without even paying taxes,but in selling goods i think its quite risky,because if governments would know about it,before you operate you will have to get permit from them and it also depends on the country where you belong if they embrace cryptocurrencies existence or banned it.

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June 06, 2018, 04:09:08 AM
 #219

This will be a heartbreaking move to those people who put their full effort and fashion on building or trying to work out the small business. Businessman usually don’t give up any business whether it is small or big because they give their all in building it and losing or selling this is a very hard decision. But if this decision will make them more profitable just like selling thier business for crypto surely the heartbreaking move will become a new start or new light for the new path that they will face thru. We just hope that they must be ready enough to start in crypto currency before they give up anything that they already have.   
Jembut Ireng
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June 06, 2018, 04:53:04 AM
 #220

It is not difficult to implement cryptocurrency for various needs and small business because I think it is easy to use cryptocurrency scrypt especially now that there are many devs. which makes things easier.
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