Do you agree that Bitcoin is nearly to be just like another business? - page 13.

X-Infinity

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Quote from: IRISlingk on July 11, 2018, 01:06:30 AM

Bitcoin also needs more technology and time to improve. Bitcoin is not suitable as a currency, but more investment assets. Although many countries have accepted bitcoin, they are still waiting to see it.

Bitcoin could still be suitable as a currency for transaction means. Investing in it for profit is a long shot due to its volatility. Bitcoin was praised back when it was noted for its rapid transaction timing. However, since then transaction times can take up to 20 minutes. In order to make Bitcoin a suitable form of transacting (a currency) to be applicable in normal day-to-day transactions, you could store it in an X-Infinity eWallet. Transacting with Bitcoin through an X-Infinity eWallet takes literally 1 second instead of several minutes. Check it out http://www.xinfinity.io

ParveZ219

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Quote from: anneiS_02 on June 09, 2017, 08:15:26 AM

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

In today's time even bitcoin is not used as currency...Its used like its something to be traded...Even some people are using it as like assets.... They all are dreaming that the price of bitcoin will again increase to such an extent...But no one knows the future lets see.

titan20

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Quote from: anneiS_02 on June 09, 2017, 08:15:26 AM

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

Unfortunately, I think BTC has for quite some time now become an only investment tool. And it's a long way from becoming a payment or official currency.

X-Infinity

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Quote from: anneiS_02 on June 09, 2017, 08:15:26 AM

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

I couldn't agree more. The delayed adoption rate of cryptocurrencies by merchants is also due to the fact that there are over 1600 cryptocurrencies currently, and this figure is rapidly increasing. Although there are wallets that can hold multiple cryptocurrencies, there are too many cryptocurrencies a single wallet is unable hold due to blockchain incompatibility. Merchants would have to endure the tedious task of acquiring multiple different wallets just to hold their cryptocurrencies from different blockchain platforms.

X-Infinity saves merchants all that trouble by being able to hold ALL types of cryptocurrencies in ONE eWallet. This is made possible by the use of Cross-chain Payment Channels and a blockchain routing Protocol to allow users to use their blockchain assets in real-time in the real world. Check it out http://www.xinfinity.io

kingkongcorp

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No I do not agree with the opinions of the people out there because I think bitcoin does not exist the same with the business is there so bitcoin is an investment or make money with internet buknya business that can only take years and we can not use money which we can as long as we work differently with bitcoin we can earn money very easily and we can also all holidays if we become bitcoin with businesses out there is very different in my opinion

forestharvest

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Quote from: anneiS_02 on June 09, 2017, 08:15:26 AM

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

Ya i believe that bitcoin can be a business in long term, the only difference of this bitcoin business to traditional business is the difference of market. Looking at the big picture if more vendors adopt bitcoin as payment we might be able to see a slightly lower fees as it is decentralized but the fiat we using now is centralize.

arya123210

newbie

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Probably most people say yes bitcoin is almost the same as any other business, but I think that's not true because I think bitcoin is not at all the same as other businesses so bitcoin is similar to its similar to other businesses so maybe I think bitcoin is not the same like other businesses

nguyenhoven

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Quote from: anneiS_02 on June 09, 2017, 08:15:26 AM

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

right now it doesn't mean falling behind, because not many people are willing to spend it. It takes literally no time to start accepting crypto with services like bitpay, so you don't really get to be too late. It's not some R&D stuff that takes year

compak_comunity

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I also agree with that opinion because someone who starts playing bitcoin automatically will be able to earn an income every time so that makes their economy better than ever and by playing bitcoin one does not become worried when trying to find work offline in the future.

crystalk

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Yes i am agree with you

cece009

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The same business but with a new strategy in bitcoin world, with your investment can generate more profit.
What I enjoy today is amazing to change lives, in bitcoin, everyone produces as if they are also part of the so-called business.

IRISlingk

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Bitcoin also needs more technology and time to improve. Bitcoin is not suitable as a currency, but more investment assets. Although many countries have accepted bitcoin, they are still waiting to see it.

alyssajane1982

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Quote from: Hammonds on July 10, 2018, 11:37:27 PM

It is certain that for the time being many businesspeople are receiving Bitcoin for each payment.

Lots of payments who use Cryptocurrency money in my country, for example its in rent rent apartments, villas, hotels, buying and selling souvenirs in some tourist attractions etc .
If we can not adapt to cryptocurrency then surely we will be out of date.

yeah, actually I think many people from long time ago already uses bitcoin as a business, they buy and sell and get good profit in return. So we can consider it as a business too.

leavolnhals

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Quote from: anneiS_02 on June 09, 2017, 08:15:26 AM

More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

That's a pretty impressive number, but the number of people using Bitcoin to pay is pretty low. Because the price of bitcoin is always fluctuating. People will not want to keep such a risky money. Therefore, Bitcoin payment is just a new payment method and does not have too much benefit from it.

Hammonds

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It is certain that for the time being many businesspeople are receiving Bitcoin for each payment.

Lots of payments who use Cryptocurrency money in my country, for example its in rent rent apartments, villas, hotels, buying and selling souvenirs in some tourist attractions etc .
If we can not adapt to cryptocurrency then surely we will be out of date.

dead_m92

hero member

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The problem is that there is a lot of people actually thinking that bitcoin is just a bussiness and something to make a huge amount of money out of it, that is one of the main reasons.

twostepsally

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Quote from: Kisska2710 on July 10, 2018, 09:34:19 PM

It's correct! I think Bitcoin is a new business because we have to calculate a lot and consider the market before making a decision

Yeah. Most of the people believe the bitcoin. People learn more information and improve knowledge. So people get the more project work and continue and join to work with other country people. So easy to share more information. Then plan to work. It easy reached the goals.
People get more income and more profit. It time to complete the process. So people complete the project on time. It good to use and it change the most of the people life.

Kisska2710

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It's correct! I think Bitcoin is a new business because we have to calculate a lot and consider the market before making a decision

market-beta

jr. member

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if I think investing in bitcoin digital world is the same as our business in the world yata gan. because the purpose of business is profit. and from those benefits we can use to buy something we want. such as cars and so forth .

Hirikama29

newbie

Activity: 98

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bitcoin is not a business they are just digital currency created so that we can trade and exchange with each other if they are raised, the investor will profit from the investment they

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