Do you agree that Bitcoin is nearly to be just like another business? - page 3.

PIMPdev

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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 think that this depends on the particular person who is making the deal, if you are having an attitude towards bitcoin to be just a source of income it would be that for you.

Betty10

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Yes in the future, for merchants that accept bitcoin, they will get more patronage from customers and could pose a big thread to their competitors. But first the issue of bitcoin delayed confirmation has to be fixed before any good head way.

MUHAMAD JAROSO

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yes I agree that bitcoin is the same as other businesses. Bitcoin can be used for long-term investments, I can buy bitcoin and then save it for sale if the price is high. only other businesses also use the trading system. so I think bitcoin is the same as other businesses or investments.

Sathya12

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Yes, Agree peoples desire to work with bitcoin

vnck25

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No I don't agree! The original developers and supporters of World's first cryptocurrency, Bitcoin created it as a third party free decentralized currency that can challenge the centralized authoritarian fiat currencies that we use. It is the investors who have made it a kind of a get rich quick system, but the underlying purpose and technology is far more important and superior than getting a big buck in quick time.How BTC and other cryptocurrencies have evolved into investment instruments is in my opinion pretty sad! As told before its value lies in the fact that its technology can radically change how we use currency in this World.

ASHANABEY

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Quote from: TIDOVEE on August 11, 2017, 06:43:03 AM

You are right, it really making up nice income. its a reliable business..

It is a reliable business for smart people but we see many new comers are getting fooled and scam by market manipulators in the crypto market so like any other investing asset Bitcoin should dealt carefully and unlike other investing options Bitcoin can provide more profits in short period of time

TGD

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Quote from: Naginiya on August 21, 2018, 11:01:19 AM

Quote from: youngagethinker on August 11, 2017, 06:58:09 AM

Bitcoins usage makes different kind of business not the Bitcoin itself.
Well of course there are so many projects and ICo and crowdsale today because of Bitcoin and they are showing to the public different kinds of business but the thing here is Bitcoin has a worldwide features that can be used to almost all types of business.

Regarding to the mechants that accept btc as a payment, we can't tell how large the cap now but we're sure that the numbers are growing and other merchants don't accept btc as a payment because of the prices high ups and downs. If this become stable, this will be another story.

Future of Bitcoin will be much diferent than today how we use Bitcoin and it is true that most merchants and online businesses hesitate to use Bitcoin due to the unstable price but if this situation changes in the future definitly Bitcoin will be used widely and will not be another Business option for Investors

so the way on how bitcoin are can be helpful to be are may always based on what may other and also on what are the situation is for and we should be more practical cause not all the time there is some chances of that this currency may exist we cant judge for what are may real happen on bitcoin for.

Yadamosan

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Maybe yes or no, because there is some people using bitcoin as a business like the investors; but there still some people using bitcoin for their own expenses only but for me bitcoin is nearly to be just like another business because bitcoin is now a cryptocurrency, so most of the people who really don't know bitcoin have been noticed it because it's trend but for now, that bitcoin is have a low value and it's too expensive maybe that won't happen

isllander

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For me, bitcoin is progress. If business is part of progress, then it is the bitcoin engine. A new digital economy is a new digital currency, new goals are new...

akihiro101117

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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.

yes cryptocurrency knowledge is exponentially spreading and it may distrupt the current financial businesses nowadays. greater efficiency, lower cost and faster transactions may take place if it materialized.

Sexie

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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.

Some say so that it is a kind of business but in my opinion it is not a kind of business. It is a store of value .It is just exchanging your local money into dollar or bitcoin that when the time comes of increasing its value , that is the time you can exchange them into your local currencies. The same cycle , exchanging again by your local currencies when the value of bitcoin or dollar Is at very low price.

fairytale

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it can be because bitcoin is just like a putting up a business.This needs an investment,strategies and some luck.Every business was monitored and runs by a person or a group of people and so for the bitcoin also.Ups and downs may face whether a business or a bitcoin but most important thing is the way on how to managed this struggles and keep everything fine and valued.

jatin729

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Cryptocurrency is like another business for people like me.
I am currently doing MBA and also providing digital marketing service to crypto project. so cryptocurrency is another source of my income also. similar like me many people are doing trading and earn from it.
I would like to suggest that we have to stick cryptocurrency as another business because it involves many uncertainty because of many factors like regulations, Scammers etc.

Naginiya

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Quote from: youngagethinker on August 11, 2017, 06:58:09 AM

Bitcoins usage makes different kind of business not the Bitcoin itself.
Well of course there are so many projects and ICo and crowdsale today because of Bitcoin and they are showing to the public different kinds of business but the thing here is Bitcoin has a worldwide features that can be used to almost all types of business.

Regarding to the mechants that accept btc as a payment, we can't tell how large the cap now but we're sure that the numbers are growing and other merchants don't accept btc as a payment because of the prices high ups and downs. If this become stable, this will be another story.

Future of Bitcoin will be much diferent than today how we use Bitcoin and it is true that most merchants and online businesses hesitate to use Bitcoin due to the unstable price but if this situation changes in the future definitly Bitcoin will be used widely and will not be another Business option for Investors

defriadi

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yes I agree, bitcoin is almost the same as other businesses. what distinguishes it I think is only from the price value and also the increase that always changes at any time. of course this is what makes many people curious and wants to try it compared to other businesses

hacsoi2799

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To say a bitcoin is a business, I do not feel right. Because bitcoin is used as an online payment medium, but you can create your own business by introducing bitcoin as well as for others or participating in bonuses.

SIDDHI777

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Quote from: countryfree on June 11, 2017, 01:24:11 PM

Except for exchanges, BTC isn't a business. It's a currency. The huge problem being that the last time I bought something with BTC, the transaction took 12 hours to confirm. So BTC isn't like another currency...

Yes your points are right Transaction speed is a major problem in Bitcoin and when considering that factor it is lacking behind other cryptocurrencies in the market and they have beat Bitcoin but to make more benefits from Bitcoin or even Bitcoin to exist in the future without dispearing from the market for holders sake it should do something usefull and productive and that cannot be accomplish if it continue to use as an investing asset

dgreat

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I totally agree with your idea. Anything about business includes money and investment. So I think that is a yes. Bitcoin go through buying, selling, and pricing. Also, it involves us in dealing, strategizing, holding, and exchanging of commodity. Nevertheless, the crypto world is business like any other business you could imagine or think about. Anything an individual can have benefits or lose is a pure business. Let's not mention that there are people who make a living only through the crypto world they do this because they make profit. bitcoin is already accepted in many countries and many companies around the world this is a very good payment system, the more bitcoin can grow in price and bring a very good profit! all business will soon be fully integrated with the crypto system. In less than no time Bitcoin will fully be in control of every aspect of trading as long as crypto digital currency is concerned.

MinerFTW

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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.

Generally speaking, in my opinion, the crypto world is business like any other. Everything that a person can have benefits or lose is a pure business. Let's not mention that there are people who make a living only through the crypto world. Everything is business of this world.

Bawang

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Anything about business includes money and investment. So I think that is a yes. We go through buying, selling, and the price market affecting us. Also, it involves us in dealing, strategizing, holding, and exchanging. So I guess we're all in this business together.

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