yyourboss
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July 17, 2018, 03:01:40 PM |
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In commercial activities, if the currency fluctuations used for exchange are huge so that cooperation is difficult to continue, bitcoin has a huge volatility, which is very bad for business contracts.
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Crypto_trader87
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July 17, 2018, 03:11:27 PM |
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I am realy not sure why but maybe because bitcoin is so volatile and because of that the conversion of bitcoin into a fiat money will goes up and down also and this will affect in the price to the real world business.
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Glory90
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July 17, 2018, 03:59:38 PM |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business
Bitcoin has been adopted as a payment but this adoption rate is still low if you measure it based on the number of all businesses that operate what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
things that hinder the growth of Bitcoin adoption in various businesses are regulations in various countries and low demand from the Bitcoin user base, I think businesses will adopt Bitcoin if the use case of Bitcoin as payment continues to grow and many requests from customers to receive Bitcoin as payment
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ggugoienpai
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July 17, 2018, 04:10:26 PM |
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BTC volatility is too intense. Business cooperation requires a stable monetary system. That's why bitcoins are more opportunistic.
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carlisle1
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July 17, 2018, 04:20:31 PM |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
Dont you know that japan uses bitcoin just what regular currency is?some countries and many other countries legalizes this coin in their territory so i dont know where did you get this idea of not accepting bitcoin for business.or maybe youre living in some places that banned bitcoin thats why this is what you can say
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calumbautista23
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July 17, 2018, 04:33:03 PM |
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BTC is actually being adopted by more and more business now. Majority are still not there because of the volatility of btc.
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abiola4real
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July 17, 2018, 04:44:42 PM |
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Many fear to adapt it because they fear to lose because of the volatility it is and its also not regulate, approved and legalize by the government.
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mistanama
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July 17, 2018, 04:53:15 PM |
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You say that's the reason, And it's the Volitile price of bitcoins. That is why it is difficult to apply to business because it can cause the collapse of their business. It's not like a fiat currency that's just a steady value. So even if I'm a businessman I will not do it for payment because there is a risk here.
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popelene1
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July 17, 2018, 04:55:10 PM |
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Anxiety, fear and the negative things some are talking about bitcoin is the cause some business don't want to adapt it, when all this stop abd the government also say positive about it, it shall be adapted by many businesses.
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ralle14
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July 17, 2018, 06:56:23 PM |
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Here in my place there's a couple of restaurants that accept Bitcoin via our local exchange. If you look at this thread there's a lot of sites that accept Bitcoin and you'll probably more if you use spendabit. You say that's the reason, And it's the Volitile price of bitcoins. That is why it is difficult to apply to business because it can cause the collapse of their business. It's not like a fiat currency that's just a steady value. So even if I'm a businessman I will not do it for payment because there is a risk here.
Using a payment processor like Bitpay or Coingate removes the risk on their end. Volatility shouldn't be a reason for them not to adapt Bitcoin. Others probably don't want to accept Bitcoin because they're afraid that no one will use them if fees become expensive.
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Cryptrx
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July 17, 2018, 07:11:21 PM |
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I've heard they are some businesses that accept bitcoin but frankly speaking, if I had a business I don't think I will accept bitcoin due to the current market volatility. It might lead to the collapse of my business.
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maloibtc
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July 17, 2018, 07:47:58 PM |
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I think that it is used in large companies as it is multifunctional coin but I am not sure that it can become the full helper in business. Though i can be mistaken as i m not a businessman and may be unaware of the certain things
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[ProTrader]
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July 18, 2018, 03:05:46 PM |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
Bitcoin cannot penetrate the market or the business because central banks and government are trying to suppress it. Once Bitcoin is already accepted and available in the business transactions, and they cannot control it anymore. Worst is that the central banks will lose their jobs business because the company don't need a banks anymore.
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pritibitisi
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July 18, 2018, 03:23:00 PM |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
i think the main reason why is some find bitcoin not that stable because its volatile makes it not fully reliable for business owners. Plus the distribution is not balance whales have fully control of the price movement so basically traditional businesses cannot risk on movements like this.
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renata.tuncha@ex.ua
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July 18, 2018, 08:55:26 PM |
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I think ICO project can be seen as a adaptation BTC into business. And actually, there is one cool project - Socratus. I really like their concept - a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. It helps to get read of annoying personal meetings and paper work. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits.
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kopijos
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July 18, 2018, 09:05:20 PM |
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I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
bitcoin became one of the new findings to serve as payment I think has become a business. maybe btc can be used as one of transaction tool like money for btc adaptation to become bigger business.
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ronalsi
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July 19, 2018, 07:30:47 AM |
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As an entrepreneur you should know what to do and not to do, It is not like a fiat currency but just a steady value. So, even if I'm a businessman, I would not do it
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ucok_aball
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July 19, 2018, 07:50:31 AM |
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now many countries are starting to receive bitcoin, big online stores are also starting to accept bitcoin and even in Saudi Arabia is legal so now bitcoin has progressed
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dinhthin5446134@gmail.com
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July 19, 2018, 07:54:47 AM |
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To be associated with business Bitcoin needs to be attached to an industry that uses Bitcoin. But the industry does not need Crypto
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GrossPay24
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July 19, 2018, 07:57:17 AM |
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at the moment in most countries, the use of bitcoins in the business sector is prohibited. But even if it were legalized bitcoin is not convenient in business, first very long transactions, secondly high volatility. New and new alternative coins are being created that can be used in the corporate environment.
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