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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4984 times)
Wend
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April 15, 2019, 09:40:36 PM
 #581

Well making some small business was not bad ill think this is a good way on how to earn more in crypto. We can make business buy selling some items a the pay was crypto like bitcoin or etherium and any related of crypto.

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April 15, 2019, 09:59:38 PM
 #582

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 their motivation to start a business in crypto is the good price in the market now. And I think there's some merchandise now that use bitcoin or cryptocurrency as payment methods to their businesses. And it's good to know that people are looking forward to adopt the cryptocurrency to use in their business.

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April 15, 2019, 10:01:41 PM
 #583

People can and are ready to sell products for cryptocurrency. But there is one very important problem that hinders this. The government does not recognize cryptocurrency, and this makes it impossible to sell for cryptocurrency.

In what country you are living ?  Only few left that does not allow cryptos but the rest are now hundred percent legal to use cryptos  but theres still lots of problem that we must face  . few are , the volatility  .  cryptos are volatile and the prices can fluctuate from time to time .

 
Buddy, you're wrong when you said only few government left that does not allow crypto currency or legalized it because the last I check the number of the governments that are yet to support crypto are so many but I wonder were you cmger the news about your footless confirmation.

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April 16, 2019, 06:22:54 AM
 #584

Probably, I will put my shoes on the seller.
So if the seller has a knowledge more about cryptocurrencies and confident enough to accept the risk of the volatility of the price, then why not?
The pros of it is convenience of buyer's payment. A conservative business owner might not incorporate that methods yet.
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April 16, 2019, 07:38:51 AM
 #585

Probably, I will put my shoes on the seller.
So if the seller has a knowledge more about cryptocurrencies and confident enough to accept the risk of the volatility of the price, then why not?
The pros of it is convenience of buyer's payment. A conservative business owner might not incorporate that methods yet.
to enter the method requires understanding, for the small business you mentioned, indeed they can save it and will get more income. but for the rotation of their business to stay alive, I think that is difficult

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April 16, 2019, 08:19:35 AM
 #586

~
There is also not so much people who will like to spend bitcoin on shopping

It depends on the amount. Buying a house or a car with BTC now is madness considering how low the price of BTC is. But regarding buying something worth $5-$10, why not? Shop and cafe owners who provide this opportunity are doing the right thing. In reality maybe one or two buyers per month will use BTC on their location, but they will be talked of as those who accept crypto, and it will be to their advantage because it's a good publicity.

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April 18, 2019, 08:48:22 PM
 #587

selling goods using payment services using cryptocurrency is indeed very profitable but certainly has a huge risk. because every value in the market can change so fast that we must be able to bear the risk of loss if the market price movements decline very sharply and not comparable to the price of goods we sell in general
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April 19, 2019, 02:36:10 AM
 #588

selling goods using payment services using cryptocurrency is indeed very profitable but certainly has a huge risk. because every value in the market can change so fast that we must be able to bear the risk of loss if the market price movements decline very sharply and not comparable to the price of goods we sell in general
Small Businesses shouldn't rely on the price accumulation of the BTC to say its a profitable business.
Instead they should rely on the profitability of their actual goods or services selling operation.
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April 19, 2019, 09:54:07 AM
 #589

I will accept cryptocurrency in my business because of the benefits the cryptocurrency gives to my business, first of all if cryptocurrency is use as a payment for good and services render by my business the are ways I benefit from that and even the customer's also will benefit because there is low fees on the transactions and always secured no bank involvement and no delay in transactions and me as the receiver will have my payment on a chain that offer automatic interest on my payment either negative or positive and can receive payment from any where in the world.
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April 19, 2019, 12:57:13 PM
 #590

Well making some small business was not bad ill think this is a good way on how to earn more in crypto. We can make business buy selling some items a the pay was crypto like bitcoin or etherium and any related of crypto.

Yeah, it is a good idea, and most of the members who are working on bitcointalk they are already doing it, we could see the marketplace here most of the threads are here who sell their things and earn crypto currency. It is a good business but not in a huge level people are doing it.   









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April 19, 2019, 02:43:48 PM
 #591

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?

People knows cryptocurrency now than before and im sure there are a lot of people that are willing to have crypto as their only mode of payment. We need to influence people to have a crypto account then after that, you dont need to motivate them since they are already aware of its uses.

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April 19, 2019, 05:11:12 PM
 #592

Too many middle-aged people do not know how to use cryptocurrency and listen to the government that crypto is bad. This greatly hinders the development of any business through cryptocurrency. The time for this has not come yet.

Middle-aged people are interested in the cryptocurrencies more than the other groups of the population. Elder men do not have enough energy to trade and work with crypto, the young generation cannot find time for it.
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April 19, 2019, 05:28:54 PM
 #593

Too many middle-aged people do not know how to use cryptocurrency and listen to the government that crypto is bad. This greatly hinders the development of any business through cryptocurrency. The time for this has not come yet.

Middle-aged people are interested in the cryptocurrencies more than the other groups of the population. Elder men do not have enough energy to trade and work with crypto, the young generation cannot find time for it.
I agree middle-agers are the one who can fully understand the system, they can adjust and learn things around their society, it's all about how
people who have good knowledge about this system will approach them and try to convince them to study and take advantage of this new way
of cryptocurrency, with good guidance and shared information they will easily adopt and use the system.

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April 19, 2019, 07:32:43 PM
 #594

I will accept cryptocurrency in my business because of the benefits the cryptocurrency gives to my business, first of all if cryptocurrency is use as a payment for good and services render by my business the are ways I benefit from that and even the customer's also will benefit because there is low fees on the transactions and always secured no bank involvement and no delay in transactions and me as the receiver will have my payment on a chain that offer automatic interest on my payment either negative or positive and can receive payment from any where in the world.
I would like to hear not about the intention to start a business using cryptocurrency, but statements of those who have the practice of using cryptocurrency in business. It is written here as an advantage that the cryptocurrency provides the ability to make transactions without the participation of banks. I think that this is a drawback for business. How will you then present the income and expense of your business to the tax authorities? Send them to the blockchain log, where in a month you will have several thousand transactions? And how will you bring to the tax authorities at what price did you sell your goods, when its value in cryptocurrency changed every minute? Not everything is as simple as it seems.
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April 19, 2019, 08:50:48 PM
 #595

This summer I'm going to open up a fashion ecommerce store and I'm going to accept BTC as a payment method through a processor. I am excited to have a business that contributes to the adoption of cryptocurrencies.
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April 19, 2019, 08:52:27 PM
 #596

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 believe that a good argument is the bull run and the transparency offered by the crypto technology. Everything made easy and safe for a business.
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April 20, 2019, 12:55:09 AM
 #597

I have a dream to create an e-commerce site using cryptocurrency as a payment. It's nothing new in the world of e commerce, but the more sites that provide payment for cryptocurrency is the better I think. Make the site with the intention of facilitating cryptocurrency users in shopping.

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April 20, 2019, 03:55:19 AM
 #598

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 small business want to sell something for cryptocurrency then it will be better for them if they use vendor service because safe profit in bitcoin is not good for small business. Small business always needs to use their profit to expand their  business in near time so save their profit in form of cryptocurrency is risky. They still need fiat to buy supply items from their supplier so by using vendor service then they still can accept bitcoin but at the end they actually still earn fiat money to run their business.
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April 20, 2019, 04:29:51 AM
 #599

This summer I'm going to open up a fashion ecommerce store and I'm going to accept BTC as a payment method through a processor. I am excited to have a business that contributes to the adoption of cryptocurrencies.
I think the difficulty is not accepting payments with bitcoin, we as merchants can easily accept payments with bitcoin, but the concern is fluctuations, of course we don't want to lose as merchants just because the price of bitcoin falls
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April 21, 2019, 11:22:37 AM
 #600

This summer I'm going to open up a fashion ecommerce store and I'm going to accept BTC as a payment method through a processor. I am excited to have a business that contributes to the adoption of cryptocurrencies.

Great decision! Keep us updated. I personally think that selling unique goods for BTC can be profitable, especially if you are going to ship to other countries. Depending on where you live, you can have access to some good natural fabrics such as wool, linen, cotton and silk, and clothes made of them are in high demand in the Western market, especially if the goods are much cheaper than in a Chanel store. Don't bother with design, make clothes as simple as possible, but make sure they are made from a good fabric. Good luck with your business!

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