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Topic: Do you have an idea to invest your bitcoin in offline business? - page 11. (Read 33473 times)

sr. member
Activity: 1792
Merit: 264
Yes, I have a goal to invest in offline form of bitcoin revenue. Until now I am still looking for business partners in developing money through investments, maybe that way my income from bitcoin can be more developed in the form of offline business.
full member
Activity: 476
Merit: 107
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



my country is not yet legalized the bitcoin as a mode of payment for an offline business. So i think i will convert my btc first into a real currency and i will invest my money into a big farm and also online business like encashing and online store for buying and selling goods
hero member
Activity: 2870
Merit: 574
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i don't have any idea to invest my bitcoin in offline business because i think right now its not a good time to do that, many people still don't know about bitcoin and only few people know bitcoin. maybe if bitcoin is spread in many places then we can do this, for now, i'd better to do another thing that can help me to increase my bitcoin while i can thinking what kind of business that i want to create in future.
hero member
Activity: 1428
Merit: 653
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I think it would be too early to invest bitcoins in offline business as bitcoin isn't that popular anywhere in the world. You need customers for your business to sustain in the long run and I don't think it would be easier to find lots of customers for your product or services who even know about bitcoin. And if you have to convert your bitcoin to fiat and then if you invest the money obtained after currency conversion then I don't think it would be considered to be a bitcoin investment but it sounds a good idea and I would like to put it into practice when I'm sure that there lots of people here in my country who know and own bitcoins.
hero member
Activity: 3024
Merit: 680
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I heard about someone who invested through Bitcoins in a restaurant, the only condition was to sell them for cryptocurrencies. It worked actually, the restaurant accepted many altcoins too and they jumped most of the time. I would have not done something like that but his risk paid off. I guess its based on the adaptation of Bitcoin and altcoins in your locality.

This is totally risky and they will just front the restaurant to collect as much as bitcoins/alt coins that they wish. But that guy, whomever he is, is just having a very big faith with crypto currencies. I will do same thing if I was able to have more than 50 bitcoins to start out this type of business.
sr. member
Activity: 994
Merit: 257
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


If I had enough bitcoin yes, but there are many industries that are very intensive in the amount of money needed and so it may be difficult for the average user to be able to get enough funds to be able to invest in any of those ventures in the short term.
legendary
Activity: 1652
Merit: 1057
I heard about someone who invested through Bitcoins in a restaurant, the only condition was to sell them for cryptocurrencies. It worked actually, the restaurant accepted many altcoins too and they jumped most of the time. I would have not done something like that but his risk paid off. I guess its based on the adaptation of Bitcoin and altcoins in your locality.
I guess you can go for accepting bitcoins for any business but as one of the optional payment processor and not as a mandatory payment system. This way you can start any offline business in any part of the world. Because I am sure out of 10 people at least 2 or 3 must be using/aware of bitcoins.

By starting a new business in your location, it will benefit you as well it will benefit to bitcoin ecosystem too like spreading awareness on bitcoin payments always makes people to think about adopting it.
hero member
Activity: 2282
Merit: 589
I heard about someone who invested through Bitcoins in a restaurant, the only condition was to sell them for cryptocurrencies. It worked actually, the restaurant accepted many altcoins too and they jumped most of the time. I would have not done something like that but his risk paid off. I guess its based on the adaptation of Bitcoin and altcoins in your locality.
sr. member
Activity: 322
Merit: 250
Putting up a business offline using bitcoin is a really good idea,
i would love to set a store selling my own brand of apparrel and accessories and people will visit my store to buy and pay it thru bitcoin, simple as that. Grin
it may sound simple but its not, living in a country were goverment doesnt support bitcoin currency is way more difficult for local merchant to start.
we are to far behind on other developing country who accept bitcoin as valueble as cash, this will take a lot of years for our country to catch up before it happen.
ill just sit down and watch and see it coming.
legendary
Activity: 3192
Merit: 1213
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I have got plans to start offline business with bitcoin acceptance. I have the hope that price increases that will surely make a big impact in the entire financial system and now the acceptance we have for bitcoin is low. For the future profiting investing now on a business is a wise decision.
hero member
Activity: 588
Merit: 500
Yeah, i think that bitcoin business is useful for those countries people where their government allow to use the bitcoin in official level. Of course they have no problem to use bitcoin in market and start business. But i have a problem to use bitcoin in my country, because not everyone know about bitcoin in my country and also people not quickly trust on all crypto currencies. That's why now i have no plan to start any offline business with bitcoin. 
sr. member
Activity: 560
Merit: 257
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?


I personally do not plan or do not have idea like that, because bitcoin still does not have many devotees in my country, so it seems still impossible to apply it, if in a country have a lot of interest on bitcoin, opening offline business in bitcoin it's is very possible , Because the business opportunity is very good.
hero member
Activity: 700
Merit: 500
I want to established an offline business which will going to be popular with a lot of people in my country I will think of it twice before to established if it is really needed, but to fund my business with BTC is kind of amazing I could also accept payments in BTC or is it a bad idea BTC is very versatile. Huh
i think it can only be possible if the number of bitcoin users in your area more. because if people do not know about bitcoin then they will never take interest there, in one sense it is a good idea because through this way you can introduce bitcoin in your area in a good way.
full member
Activity: 140
Merit: 100
I think I would depend on my surroundings base on the shop that is needed in here.
After that I would try to look what would I need to make it successful .
hero member
Activity: 770
Merit: 500
In my case I use my bitcoins only for online business. Why you think that only online business that can be done by using bitcoins is running faucets. There are so many fields online that bitcoins can be used such as Hotel industry, medical field, Travel industry , media etc .. and the list goes like that. All you need is patience and good observing nature to study the details regarding the business. That's it.
legendary
Activity: 1232
Merit: 1000
I've been doing it a few months ago. trying to invest in goat farm and culinary. next, my plans is I want to invest on the land or rented house. Although I think the advantage in online investment faster and bigger. but I think also that online investments have high risk and anything can happen, so I try to offline investments in several fields.
legendary
Activity: 1596
Merit: 1011
One of my major priority  is to invest my bitcoin into offline business,  rather than holding the coin there are a lot of highly profitable offline businesses  that will yield pfofits e.g Restaurant, bakery e.t.c these offline businesses will serve as an alternative source of income to the investor
Yes restaurant is one of the basic needs, so we will definitely get customers every day. Opening an offline business in the real world is indeed one of the best alternatives today. Because then we can earn money other than bitcoin world. This will make us get the balance in income.
sr. member
Activity: 2590
Merit: 322
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One of my major priority  is to invest my bitcoin into offline business,  rather than holding the coin there are a lot of highly profitable offline businesses  that will yield pfofits e.g Restaurant, bakery e.t.c these offline businesses will serve as an alternative source of income to the investor
hero member
Activity: 2842
Merit: 625
I want to established an offline business which will going to be popular with a lot of people in my country I will think of it twice before to established if it is really needed, but to fund my business with BTC is kind of amazing I could also accept payments in BTC or is it a bad idea BTC is very versatile. Huh

So what type of business that you are thinking?

We are all thinking of a business that is going to generate good profit and is able to accept bitcoin payments.

But what's the idea is on your mind?
legendary
Activity: 3080
Merit: 1353
I want to established an offline business which will going to be popular with a lot of people in my country I will think of it twice before to established if it is really needed, but to fund my business with BTC is kind of amazing I could also accept payments in BTC or is it a bad idea BTC is very versatile. Huh

Well it will be good if you could accept bitcoin as payment so at least people would be aware as what bitcoin is. As for my offline business, its not suitable because it will just a dust amount. But if your offline business could like accept .0001 or higher than it will be really cool.

I had time to think as you think. I used to want to build an offline business .. I want to build a restaurant in my area. But I can not do that, because I do not have the capital. Until now I think of it from where I get the money. But since I know bitcoin and get bitcoin. I have hope to build a restaurant. If i have a lot of bitcoin. I will build food restaurants in my area.

Restaurant is a good idea to put as a business. Because food is everywhere and I think you can profit big from it. You just have to offer something unique and for sure customers will come by to your restaurant. But before you can put a restaurant, you need capital. Maybe you can get it banks or even borrow from friends. Another option is to saved bitcoin and used it to fund your business. Goodluck to you mate. I hope you can fulfill your dreams.
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