tambok
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December 31, 2019, 12:31:31 PM |
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It makes sense for new businesses to accept bitcoins. People are already excited to shop with bitcoin. Of course, this is not something that can be reached in large volumes immediately. But this will expand into the market.
It always depend on the type of business that they are running. If they have a small scale business then accepting bitcoins is not a wise decision because they lose some profits for just accepting bitcoin because they have to deal with the transaction fees in the blockchain and the transaction are not always fast so it is also a problem for them. No matter what if they are ready to sell cryptocurrency or use it as one way option for payment then they can definitely do it, there are other businesses out there which are just small to but they can manage for it, so I think that it is also possible besides it's just online, you don't need a lot of stuff to set it up, it is no hassle.
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ice098
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January 09, 2020, 02:28:41 PM |
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It makes sense for new businesses to accept bitcoins. People are already excited to shop with bitcoin. Of course, this is not something that can be reached in large volumes immediately. But this will expand into the market.
It always depend on the type of business that they are running. If they have a small scale business then accepting bitcoins is not a wise decision because they lose some profits for just accepting bitcoin because they have to deal with the transaction fees in the blockchain and the transaction are not always fast so it is also a problem for them. No matter what if they are ready to sell cryptocurrency or use it as one way option for payment then they can definitely do it, there are other businesses out there which are just small to but they can manage for it, so I think that it is also possible besides it's just online, you don't need a lot of stuff to set it up, it is no hassle. Acrually its not about the business its about the government of the particular country if they allow all the businessmen and their business to use cryptocurrency as one of the means of payment. Coz we all know that the number of non users of cryptocurreny are bigger than the number of the users. And also it is not yet legal to all the countries around the globe.
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Sahyadri
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January 09, 2020, 04:41:14 PM |
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See any business whether small scale or not can get ready to accept payment in one more way (here crypto) provided he has the required understanding. But again we buyers will have many different payment options and we will end up using cash only. So more than the businesses we need to focus on the customers for bringing crypto to actual usage.
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bitzizzix
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January 09, 2020, 04:57:28 PM |
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It makes sense for new businesses to accept bitcoins. People are already excited to shop with bitcoin. Of course, this is not something that can be reached in large volumes immediately. But this will expand into the market.
It always depend on the type of business that they are running. If they have a small scale business then accepting bitcoins is not a wise decision because they lose some profits for just accepting bitcoin because they have to deal with the transaction fees in the blockchain and the transaction are not always fast so it is also a problem for them. No matter what if they are ready to sell cryptocurrency or use it as one way option for payment then they can definitely do it, there are other businesses out there which are just small to but they can manage for it, so I think that it is also possible besides it's just online, you don't need a lot of stuff to set it up, it is no hassle. Acrually its not about the business its about the government of the particular country if they allow all the businessmen and their business to use cryptocurrency as one of the means of payment. Coz we all know that the number of non users of cryptocurreny are bigger than the number of the users. And also it is not yet legal to all the countries around the globe. Yes, the government is the main thing that affects the growth of Cryptocurrency in any case because they have the authority associated with their people who must follow their rules. and for small businesses that use cryptocurreny will be full of consideration because the comparison of the number of Cryptocurrency users with non-users is very far away.
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Mihaylovic
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January 09, 2020, 05:34:16 PM |
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well. i can not say they are ready. and i can not say i would like to spend my cryptocurrencies at the moment for any reason. but i would like to sell something, i would definetely add a cryptocurrency payment as an alternative. so it would attract more people.
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DevilSlayer
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January 10, 2020, 05:12:19 AM |
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It makes sense for new businesses to accept bitcoins. People are already excited to shop with bitcoin. Of course, this is not something that can be reached in large volumes immediately. But this will expand into the market.
It always depend on the type of business that they are running. If they have a small scale business then accepting bitcoins is not a wise decision because they lose some profits for just accepting bitcoin because they have to deal with the transaction fees in the blockchain and the transaction are not always fast so it is also a problem for them. No matter what if they are ready to sell cryptocurrency or use it as one way option for payment then they can definitely do it, there are other businesses out there which are just small to but they can manage for it, so I think that it is also possible besides it's just online, you don't need a lot of stuff to set it up, it is no hassle. Acrually its not about the business its about the government of the particular country if they allow all the businessmen and their business to use cryptocurrency as one of the means of payment. Coz we all know that the number of non users of cryptocurreny are bigger than the number of the users. And also it is not yet legal to all the countries around the globe. Yes, the government is the main thing that affects the growth of Cryptocurrency in any case because they have the authority associated with their people who must follow their rules. and for small businesses that use cryptocurreny will be full of consideration because the comparison of the number of Cryptocurrency users with non-users is very far away. Small businesses are not yet prepared to accept cryptocurrencies. There are still misconception in the society and before a small business accept cryptocurrencies, they are required first to understand what is it for and it uses. There are risks and they should idemtify it in order for them to start accepting cryptocurrencies as payment.
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JessicaVL
Member
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Activity: 346
Merit: 47
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January 14, 2020, 10:09:24 AM |
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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?
Whether or not small businesses openly accept cryptocurrency or not it is still possible to spend your cryptocurrency at these businesses without first converting to fiat with crypto cards like Taps prepaid card. By using cards like this you can spend your crypto wherever you like with a swipe of a card.
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Forbiddenone
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January 14, 2020, 01:17:07 PM |
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I dont think small business will sell for crypto in coming future only those who are fan and risk taker will prefer payment in crypto but then comes the legal issue so unless respective government consider crypto as legal , i dont think small business will prefer to sell for crypto.
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suvo05
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January 14, 2020, 01:50:12 PM |
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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 a small business, it's crypto is not a good option for payment. The small business used to have limited amount of fund so in case the crypto prices go down(as it does fluctuate regularly ) he can not afford to hold his crypto coin for longer period of time as holding will hamper his business.
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doomloop
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January 14, 2020, 06:04:16 PM |
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I dont think small business will sell for crypto in coming future only those who are fan and risk taker will prefer payment in crypto but then comes the legal issue so unless respective government consider crypto as legal , i dont think small business will prefer to sell for crypto.
but it can be possible anyone can sell their small business for crypto if they live in that country where bitcoin is legal there is many country where bitcoin is legal so we can use our crypto for any business to buy and if crypto is illegal in any country they can convert their crypto and then anyone can buy a small or big business easily.
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FLoving
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January 14, 2020, 06:14:20 PM |
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It’s going to be a gradual thing, but and cryptocurrency goes mainstream, they will begin to accept it.
I think Bitcoin is getting close to going mainstream in some markets like investments, but it’s not quite there in retail.
Now a good time of crypto has been started and the trust of people returned in crypto and now again they will try to buy, earn and collect bitcoin through different means. So it is also possible that these people who have small businesses will start to offer their goods and services in crypto currencies to increase their portfolio.
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Visbay
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January 15, 2020, 03:56:56 PM |
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I dont think small business will sell for crypto in coming future only those who are fan and risk taker will prefer payment in crypto but then comes the legal issue so unless respective government consider crypto as legal , i dont think small business will prefer to sell for crypto.
I know people are working and having their own business but trust me crypto can make people earn more than any business so that's why I am always ready to sell my business for cryptocurrency as small business will take years to give me profit and the income that I always wanted and crypto can rise suddenly and it can give me that profit at once no hard work will be required only holding with patience
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purebitco
Sr. Member
Offline
Activity: 337
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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January 18, 2020, 11:47:14 PM |
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Actually it's nothing wrong with the crypto market.but many of them face some challenges. The government of many countries couldn't accept bitcoin yet legal.banks from many countries still don't endorse it.crypto small business good ways to get extra money but if your country account in the crypto industry.
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Faxmate
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January 19, 2020, 02:38:12 PM |
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Actually it's nothing wrong with the crypto market.but many of them face some challenges. The government of many countries couldn't accept bitcoin yet legal.banks from many countries still don't endorse it.crypto small business good ways to get extra money but if your country account in the crypto industry.
In some countries, people don’t consider crypto safe to store that’s why they don’t like to convert their business into crypto. We should trust the ability of bitcoin and another crypto that we should sell our miner business to start a crypto investment as your businesses can give you profit but investing in crypto will give you the highest profit. Crypto is better than having a low potential business.
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iamsheikhadil
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January 19, 2020, 03:08:00 PM |
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A lot actually. Because if they start to know about how Bitcoin is going to go up soon and if they have ye courage to take the risk with a hope of profit then they will be hugely rewarded.
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Captain Corporate
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January 19, 2020, 03:44:45 PM |
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There are tons of "small business" that both deal with selling crypto (and buying) plus dealing with crypto as well. As in there are exchanges for example like currency exchanges where you give them dollars and they give you euros etc etc type of exchange office who started to do deal with bitcoin as well, you go there and give them bitcoin and they give you that nations fiat currency, its really a big big improvement for the touristic purposes for sure. On the other hand the number of places that accept bitcoin increased as well, like you go to a cafe and order a coffee and you can end up paying in bitcoin, its still not common but compared to 3-5 years ago, those places increased in number a lot.
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HarmonyA
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January 26, 2020, 11:59:01 PM Last edit: January 27, 2020, 01:41:09 AM by HarmonyA |
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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 that it depend on individual awareness and government regulations on crypto in various locations.
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criza
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January 27, 2020, 12:39:22 AM |
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What kind of reasons can motivate people to start a crypto business?
It depends on the mindset of the owner of the business towards crypto currency. Investing in crypto currency is good but, is also risky; regarding with its nature of being volatile. I think if the business owner would consider the possibilities of earning profit he might have by investing in crypto currency he would more likely to use it and exercise investing in the crypto world. In additional, it also depends on the governing bodies where the business owner is; the laws and regulations that are being implemented in the area would affect the decision of the owner. The nature of the business is also a key reason to involve crypto currency in the business if it would be a better income for the business owner.
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k@suy
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January 27, 2020, 03:12:30 AM |
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What kind of reasons can motivate people to start a crypto business?
It depends on the mindset of the owner of the business towards crypto currency. Investing in crypto currency is good but, is also risky; regarding with its nature of being volatile. I think if the business owner would consider the possibilities of earning profit he might have by investing in crypto currency he would more likely to use it and exercise investing in the crypto world. In additional, it also depends on the governing bodies where the business owner is; the laws and regulations that are being implemented in the area would affect the decision of the owner. The nature of the business is also a key reason to involve crypto currency in the business if it would be a better income for the business owner. Yes very well said, investing crypto currencies are really good but risky sometimes because of its volatility. As a trader you should expect the unexpected due to the crypto currency's volatility today the price of it can rise but tomorrow is another story co'z it can fall. There is no certain season for the crypto currency to say if it is the season of earning a big amount or not.
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jentak
Newbie
Offline
Activity: 35
Merit: 0
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January 27, 2020, 03:14:37 AM |
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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 that it depend on individual awareness and government regulations on crypto in various locations. There is so much more about it than people's awareness. Recently NYC's govs made small business to take cash as well as card/google pay/apple pay etc So there were businesses who rejected clients with cash and govs stopped them from doing it. I mean we can't get rid of cash so it gotta be impossible to hop on cryptocurrency. But there is a small chance that we'll succeed to add crypto as an option some day
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