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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4984 times)
nambunamba
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August 30, 2018, 01:03:11 PM
 #361

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 my opinion they do not ready cause many small retailer even dont know what crypto is especially in my country. its true i think crypto is popular enough in developed country but in my country its absolutely not ready yet.

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NeMa94
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August 30, 2018, 01:08:11 PM
 #362

The problem is not in Bitcoin's technology or that people are not familiar with it. The reason why small businesses are not yet ready to sell their goods for Bitcoin or any other cryptocurrency is their unstable price if compared to the dollar. If more people accept the whole system, the crypto market will stabilize and only then we will see its use in everyday life.
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August 30, 2018, 01:16:13 PM
 #363

I think right now the benefit of accepting crypto in small business is smaller than the cost to implement them, there's only a few people that are going to use crypto in the first place especially in the developing country and there's tax that you have to be concerned about. I don't think the volatile price is a problem because there's services where you can sell the crypto immediately after you get them.

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August 30, 2018, 01:30:01 PM
 #364

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 there have been people who have sold their products and services in cryptocurrency, however, there aren't many people like that. The cryptocurrency is still very refreshing and hard to replace the traditional money immediately.
KR$N
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August 30, 2018, 02:06:38 PM
Last edit: August 30, 2018, 02:38:49 PM by KR$N
 #365

I think I've seen crypto currencies being exchanged for internet services. I think premium memberships to get premium content are almost exclusively paid up by Ethereum (yes I'm talking about porn). But outside that, I don't think I've ever saw anyone exchanging goods and services for crypto currency.
Are you serious, lol? The technology is there for a long time, check the OpenBazaar decentralized marketplace @ openbazaar.org (openbazaar.com for web browsing of the marketplace) for example, it's the amazon/ebay for cryptocurrency shopping at the moment. eCommerce is destined to be where the cryptocurrencies security and swiftness can really outshine fiat, it would also be a major factor in increasing BTC recognition and adoption rate when more people discover the benefits of such decentralized marketplaces. It would also bring back the currency part of the crypto, having huge potential for increasing daily transaction volumes and generating more network fees, providing constant demand and driving the coins prices up as well. Honestky, idk what's stopping people/businesses from accepting cryptos for their services or goods, infrastructure is ready, concept is long proven and tested. This is exactly what's needed for overall development of cryptocurrencies, more real-life usability and direct competition with fiat economy in multiple sectors. That would do much more in terms of network development than endless stream of bounty campaigns/hunters and similar bs. It's beneficial for both, buyers and vendors alike, and we as a community should at least try to discover and support such practices for the betterment of overall crypto experience we are all being a part of.

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glorybtc
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August 30, 2018, 02:21:25 PM
 #366

the use of bitcoin in small businesses can be motivated through socialization that crypto has various advantages, if crypto payments are used in small businesses, then transactions will be easier and more efficient so its customers can get benefit, this can attract new customers so the business can grow
martinholly167
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August 30, 2018, 03:43:49 PM
 #367

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?
crypto is a new and fresh trend and also crypto can be a good opportunity especially for online-based businesses, with crypto every transactions will be easier and safer
mamacitosi
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August 30, 2018, 05:01:03 PM
 #368

it is clear the reason someone is doing business crypto because they are all motivated to seek profits there, and maybe if there is a business they are too small or less developed, they will sell for the business crypto, that they do solely for the sake of welfare of life in the field of economy to be more well from before even be able to savings them in the future.

I think all of us can sell even if in small business the important is your willingness of the said investment, and the knowledge you gain and or the strategy to gain from crypto.
Baokali92
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August 30, 2018, 05:34:17 PM
 #369

I think yes, why not. But we need more stable and regulated crypto economy operating already to perform that, otherwise no. Wink Wink
ajuelnah akun
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August 30, 2018, 07:39:18 PM
 #370

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?
do you mean to accept payment using bitcoin in your store?
it has been done, in my country when there are many shops, restaurants and hotels that accept bitcoin as payment.
Komissarnik
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August 30, 2018, 08:37:05 PM
 #371


Small businesses are small, which has small amounts of investment and as a result of profits. And as for many representatives of small business there is a great temptation giving less to get more. Kriiptovylyuta provides an opportunity not only to conduct an anonymous business, but also taking into account the market movements to obtain a significant income due to its changes
jaxteller
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August 30, 2018, 08:44:27 PM
 #372

I've seen a couple of online shops implement BTC as an option. Haven't seen any other crypto though, but that kind of makes sense right now since many people associate crypto with btc and no other coin. Hope to see a change soon, if only large enterprises would adopt BTC it'd go faster I think.
Dimon8
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August 31, 2018, 07:43:04 AM
 #373

I think business is not ready to sell for crypto currency because there is no stable crypto market. Similarly, the laws of many states do not foresee calculations by crypto-currencies.
tranquangvinh
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August 31, 2018, 08:42:12 AM
 #374

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 reasons can motivate people to start a crypto business is profit , most people come to crypto for profit . Now there are many online stores that accept crypto  , you can search it on google . In the future , I think it will be more
Agniya
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August 31, 2018, 10:00:35 AM
 #375

Small business is more flexible. It easier and faster responds to innovations. As soon as the small business understands that the introduction of the cryptocurrency will bring benefits, the introduction of the crypto currency will begin immediately.

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August 31, 2018, 10:15:05 AM
 #376

At present the crypto fluctuates very high, it is not really stable. So I think small businesses are not really ready to sell products with crypto. Recently I saw that samsung intends to trade with Bitcoin. I hope in the future all companies will accept payment by crypto.
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August 31, 2018, 10:15:37 AM
 #377

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?

As of today, there maybe a small amount of businesses who wanted to engaged in using crypto because of the high volatility rate. With this they wanted to be sure with their profit because they are only small stores who has the high risk of bankruptcy. With this we can tell them the future of crypto that it has a huge potential and soom enough it will rise. At the same time, with cryptocurrency you can do transactions easier.

Impulseboy
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August 31, 2018, 11:56:59 AM
 #378

It depends on the business itself, really. Anyone can sell their goods and services for cryptocurrency. However, not all businesses should. The business owner should first learn everything about the crypto world before selling their products for bitcoin because they will be an easy target if they know nothing about the crypto world.
automaticmoney
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August 31, 2018, 12:32:25 PM
 #379

Small Business is fast moving for adoption cryptocurrency pundix app is providing merchant application for mass adoption we can see more mass adopition of cryptocurrency in Asian countries soon
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August 31, 2018, 01:11:28 PM
 #380

I think if the demand for crypto will get higher those small business will getting some hard time if there are huge investments that will going to withdraw in that business. Anyway it could still work and it will depend on how those small business create a regulations on their own so that they can continue their business.

Yes there are business who are going to fail because of the growth of cryptocurrency and most of them are banks, that is the reason why there are people who are afraid of the growth of bitcoins in the market.
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