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Topic: Cryptocurrency could help your business or not? - page 24. (Read 2028 times)

legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Robinhood is a good example where one company {Coinbase} failed  and the competition gets in on the action to fill that gap in the market. Robinhood is US based, so just imagine what would have happened if all the users that are angry at Coinbase globally, could register for this service.

Your business can go viral, if you can offer a service that other companies cannot match or if you can give a better service than your competition. Coinbase is known for their bad customer service and in need of some serious competition.
newbie
Activity: 49
Merit: 0
It all depends on your business and who manages it. Robinhood is related with cryptocurrency so the reason why it become succesful upon using bitcoins is because bitcoins is the father of all the ALTs. However opening a business and accepting a bitcoins as payment is just like opening the windows of your house to accept new visitor or friend. Bitcoins price will sometimes dip and sometimes moon. Imagine if you open a restaurant last Dec. 2017. And you accept a bitcoins as payment. $20 worth of bitcoin then is $8 worth today. You are down more than 50%.
member
Activity: 238
Merit: 10
I think that maybe if I would be paid bitcoin, then I would have an asset that could also grow dykes but also the fallacy
full member
Activity: 924
Merit: 148
Robinhood did a right thing. Cryptocurrencies is a popular non institutionsl investment asset. As far as Robinhood app is free and have to get massive amount of users accepting cryptocurrencies was a damn right move. The good thing is that this time a company is getting value for a real achievement and not because they've just added "blockchain" to their name but this is still a small step because it didn't move out of the crypto space.
sr. member
Activity: 254
Merit: 1258
Sure, Bitcoin integration will increase buyers regardless of if they're going to spend the bitcoin or fiat. For example say a shop has a sign that reads BITCOIN accepted here in a large sign in the window, being a crypto fan you're intrigued and go in to check it out. You may not have BTC on you but he's still increased his chance of selling an item to you. Adoption can increase usage and not just through bitcoin direct sales.
full member
Activity: 378
Merit: 100
Concurrency could help my business too like up to now i was leading the best person to enhance the business of my father but i have started my own business in this year and i have started all this because of bitcoin and the altcoin with the present time bitcoin is very good to use bitcoin and with this many people are now successful. I am sure that i will become good in the business too.
hero member
Activity: 994
Merit: 544
this is kind of a unique thing because Robinhood Markets Inc. is a company that not making profit from commissions but instead it is making money on your balance. so the more users they have and the more they invest, the more money Robinhood guys are going to make.

adding cryptocurrencies meant opening their wallets to a lot of new people who started putting money in so that they could make more profit.

it is very interesting that they started this on January 25, 2018 which is nearly 2 months ago and still made this much!

Thanks to that information. With that kind of system of robinhood more people will engage into the cryptocurrency world. This would mean good news to us  since the more people who are into bitcoin the more bitcoin system will become stable and reliable. I am dreaming to create a business online in the future with cryptocurrency as one of its primary feature. But I just hope that there will be no big problems that will come to the world of cryptocurrency to realize my dream just like what google is planning.
jr. member
Activity: 182
Merit: 2
I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.
In my country where I live, nor a bitcoin or cryptocurrency in General could not help business. Even here the bitcoin yet admit by our Government. Cryptocurrency can be useful in the business because we live our cryptocurrency does not require a long time to conduct the transaction. In any business, there are still losses.
copper member
Activity: 644
Merit: 0
POINTPAY
yes definitely it can, cryptocurrency has a great potential that could help the business the main reason is the transfer of funds its purely hassle less anywhere and everywhere in few minutes.
R21
full member
Activity: 327
Merit: 101
Yes bitcoin can you better service then others fiat money, it's easy to transfers and use also! so if anyone want to bitcoin for their payment way then profit is theirs. bitcoin also gain opportunity for spread around the world.
member
Activity: 546
Merit: 32
The higher the price of Bitcoin, the more businesses there are to emerge. Bitcoin is a technology that can lead an industry. It can be applied to more industries, such as finance, real estate, physical goods, etc., which takes time. get on.

Yes the value of the bitcoin is the matter and it is the way for attraction to all if ghe bitcoin value will stable in all time there is no problem will happen to all investors and so bitcoin bussiness will get into good place .
legendary
Activity: 3472
Merit: 10611
this is kind of a unique thing because Robinhood Markets Inc. is a company that not making profit from commissions but instead it is making money on your balance. so the more users they have and the more they invest, the more money Robinhood guys are going to make.

adding cryptocurrencies meant opening their wallets to a lot of new people who started putting money in so that they could make more profit.

it is very interesting that they started this on January 25, 2018 which is nearly 2 months ago and still made this much!
sr. member
Activity: 1484
Merit: 276
For me it helps alot because im a young businessman and at first i have no one and nothing to rely on where to get my funds untill i come up with bitcoin.Bitcoins help me to get initial funds to start up and get my business kicking now.As a shoes reseller and my own loading station
newbie
Activity: 10
Merit: 0
The higher the price of Bitcoin, the more businesses there are to emerge. Bitcoin is a technology that can lead an industry. It can be applied to more industries, such as finance, real estate, physical goods, etc., which takes time. get on.
hero member
Activity: 994
Merit: 544
I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.
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