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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4984 times)
westa
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January 20, 2019, 10:17:24 AM
 #501

Where I live, my brother in law started a business related to Ethereum.
I would not do it myself, it is risky but so far it is working ok (mining related).
Nnedaddy1
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January 23, 2019, 07:33:56 AM
 #502

I do not think that small business that are profit oriented would want to sell goods and services for Cryptocurrency.
The reason for this is not far fetched.
The volatility nature of Cryptocurrency is a stumbling block to that .
But it would be a good development if small businesses starts accepting it.
superstarbtc
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January 24, 2019, 05:52:27 PM
 #503

Most of the small business merchants are accepting bitcoin as payment processors even the consumers are willing to buy with bitcoin as one of the payment opitions
darefreads
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January 24, 2019, 11:31:34 PM
 #504

Yes of course, They just need some support of our fellow user of our Cryptocurrency because they are the people who must do some buying to their products to improve their small business. And I think most of the small business owners must also have a communication to other people to let them know how they can provide us with their products.
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January 25, 2019, 07:29:43 AM
 #505

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 bussiness can adapting in any economic situation. If government regulating bitcoin or others cryptocurrency as currency, i think small bussiness want to adopt bitcoin. Many motivation why small bussiness accepting bitcoin one of that reason is bitcoin is store of value and its good to hold for long term

superstarbtc
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January 29, 2019, 06:06:36 PM
 #506

it all depends on merchants acceptance if the number of consumers willing to pay in cryptocurrency then merchants automatically keep accepting in cryptocurrency
KnightElite
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January 29, 2019, 06:25:13 PM
 #507

According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
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January 29, 2019, 08:47:45 PM
 #508

According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
If you look at the past there were just few of them, now there are many more of them, it`s normal to expect that in future there will be even more stores that accepts crypto. For now that`s limited just for big cities in developed countries, but that will spread. Will it take few years or 5 years is it matter? It`s question for us can we be here all that time and save some crypto for that future.

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January 29, 2019, 09:14:46 PM
 #509

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 takes a lot of effort and money to integrate money into a small business, especially, if they are going to make their own coin. They need an expert to help them with their system and contract and they need to rework their business model to fit with the new payment system. This can be attainable in the future.

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January 29, 2019, 10:12:33 PM
 #510

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?
Everyone can do to sell and buy there goods in crypto but many things will be considered like a transaction that not to fast and the government that not want to develop the Cryptocurrency in every country that using it. But it's good to use it in the business because it will be no hassle except the slow transaction.

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January 29, 2019, 10:45:03 PM
 #511

I think it's a good idea, if there are many people who start the crypto business, then people can use crypto in addition to trading and investing.

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awik p
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January 30, 2019, 04:41:18 AM
 #512

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 takes a lot of effort and money to integrate money into a small business, especially, if they are going to make their own coin. They need an expert to help them with their system and contract and they need to rework their business model to fit with the new payment system. This can be attainable in the future.
if they make their own coins it will certainly require a lot of funds. and this is not comparable to the scale of their business. I think once they get crypto from the transaction, then the money will spin for the continuity of their business. but indeed I hope that later it can be done as you speak, but I think it still takes a long time

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January 30, 2019, 03:49:55 PM
 #513

I do not think that small business that are profit oriented would want to sell goods and services for Cryptocurrency.
The reason for this is not far fetched.
The volatility nature of Cryptocurrency is a stumbling block to that .
But it would be a good development if small businesses starts accepting it.
The ones that will accept cryptocurrencies first are big business and then as more people begin to use it then we will see small business accepting bitcoin, this is similar to what happened with credit cards, at first only big business accepted them and then as credit cards became really popular then you could see them accepted everywhere and now in my country there is not a store I can find that does not accept credit cards.

So the only thing we need is for the development of bitcoin and its adoption to go up so in the future we can see the day when everyone can accept bitcoin.
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January 30, 2019, 05:10:29 PM
 #514

According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
Not only Bitcoin. This is the drawback of the whole cryptocurrency environment. Although once the price of cryptos will be more or less stable, small businesses an importers can benefit from it. Especially as speaking of the tourist-oriented sector. 

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January 30, 2019, 05:15:55 PM
 #515

Small business will accept bitcoin if they understand the true need of bitcoin. Right now every small business have begun accepting through debit and credit cards which isn't accepted few years back. Recently in an article it is mentioned about small shops in Indonesia, Philippines, and India placing boards infront of shops stating that they'll accept bitcoin into their business.

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January 31, 2019, 01:38:23 PM
 #516

According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
Not only Bitcoin. This is the drawback of the whole cryptocurrency environment. Although once the price of cryptos will be more or less stable, small businesses an importers can benefit from it. Especially as speaking of the tourist-oriented sector. 

Well some are also looking a little more into the future. I know a lot of small businesses accepting btc and eth regardless of their current shitty price. Itks accumulation time and they're likely to save these coins for the future.

 
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January 31, 2019, 02:17:05 PM
 #517

Maybe is best and smart ideas when we got much profit at cryptocurrency and bitcoin, we used it for build real business. Many people never care about the next time how to get success after profit with bitcoin or altcoin, you have schedule your plan after profit with crypto.
Small companies can be actively involved in crypto as recipients of payments with records in countries that legalize cryptocurrency.
Because as a trader and crypto investor, it will give a big advantage for the development of crypto in his country.
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January 31, 2019, 03:09:02 PM
 #518

According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
All indeed need a process to be able to penetrate into the retail that is in the store that exists today where virtual payments themselves are also developing and the stage of adjustment to society
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February 01, 2019, 12:54:21 AM
 #519

I do not think that small business that are profit oriented would want to sell goods and services for Cryptocurrency.
The reason for this is not far fetched.
The volatility nature of Cryptocurrency is a stumbling block to that .
But it would be a good development if small businesses starts accepting it.

Small bussiness must be afraid when they looking on price fluctuation. Crypto price very fluctuating and for small bussiness, its need good calculation facing this fluctuation. Beside that, small bussiness must comply with government regulation and most government still not regulating crytpocurrency
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February 08, 2019, 02:31:32 PM
 #520

Yes of course, They just need some support of our fellow user of our Cryptocurrency because they are the people who must do some buying to their products to improve their small business. And I think most of the small business owners must also have a communication to other people to let them know how they can provide us with their products.
Small entrepreneurs are ready to accept crypto payments as long as the rules in their country do not prohibit.
Because the concern of entrepreneurs is not crypto money, but the rules that exist in every country because if in a country that considers illegal crypto transactions occur using crypto money, then it can be subject to legal rules.

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