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Topic: Do you have an idea to invest your bitcoin in offline business? - page 17. (Read 33703 times)

legendary
Activity: 1526
Merit: 1001
Opening a business in the real world is a good choice. Because then we can get 2 different income places. Opening a computer-related business is my choice, I will sell a variety of computer hardware. I am a science computer, so this will make my work feel like a fun hobby.
sr. member
Activity: 1876
Merit: 264
With my income from bitcoin I have a goal to do offline trading so that it can grow and can get more additional income, It all started from a small business but can be felt by the general public for everyday needs.
For example with the income from bitcoin I opened a coffee shop business so I can invite coffee lovers to drink coffee in my place.
sr. member
Activity: 264
Merit: 250
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?


Yes, I would prefer to invest my bitcoins offline because investing on offline business has a less risk than online and yet it will surely give a high profit. Investing offline haveany advantages such as you can guarantee that your money is on the right hand unlike online investment.
although i also want to invest my bitcoin offline, but i do not have any idea where i can invest my bitcoin in offline business, in fact in my areas there is not a single offline shope where i can invest my bitcoin.
sr. member
Activity: 560
Merit: 257
What I'm thinking right now is just buying a garden, or buying land for the future. I am sure, it has many advantages, especially if you can use your garden. Or build a store, or something like that. It is a very good investment you can do with bitcoin.
Yupz, buying land in a strategic area to make the business there is a good option and it's a promising investment for the long term.
hero member
Activity: 812
Merit: 501
Investing bitcoin to buy and sell business is a good thing.  Aside from that we can also accept bitcoin when someone wants to buy the item we want to sell.  This will help in bitcoin economy since even if we setup an offline business, the business aim to accept bitcoin as mode of payment.
Accept bitcoin payment may be more profitable than turn bitcoin into fiat and vice versa. The problem is the model of the business that can accept bitcoin payment. In Tourism area where many foreign tourists visit the place the model of business is applicable I think like in Bali, and Lombok in Indonesia.
hero member
Activity: 1204
Merit: 500
What I'm thinking right now is just buying a garden, or buying land for the future. I am sure, it has many advantages, especially if you can use your garden. Or build a store, or something like that. It is a very good investment you can do with bitcoin.
sr. member
Activity: 854
Merit: 267
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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?


Yes, I would prefer to invest my bitcoins offline because investing on offline business has a less risk than online and yet it will surely give a high profit. Investing offline haveany advantages such as you can guarantee that your money is on the right hand unlike online investment.
legendary
Activity: 1372
Merit: 1005
It is depend on your country where you are living because if your business man accept your bitcoin than no problem to start a business in market. But if your society persons not accept the bitcoin, than it is hard to start offline business. Where i am living in my society not accept the bitcoin easily, than for me it is impossible to build a offline business with bitcoin.
But it would be easier for any business to build a specialized community to have continuous support. The only requirement for that to happen, your business needs to be an attractive one. For example, if you start a offline business for mobile talk time with bitcoin acceptance then people may start adopting bitcoin just to avail your services. You might need to provide some discount for that.

This way, I guess you can start any offline business but you need to provide competitive discounts and you must provide enough promotions too.

Yes, offline busines people can give certain amount of discount for using bitcoin in their stores. This is increase the number bitcoin user to buy the things. Wall mart to everywhere we can see the card paying machines in all the shops. If bitcoin debit card can swipe to pay the amount with the discount that would prettier than that.
hero member
Activity: 3038
Merit: 634
Yes I will invest to an offline business if there's enough capital for doing it.

Maybe I'm going to build my own piggery and those people that wants to get some pork from me.

I'm going to open to them that I'm willing to accept bitcoin as payment.

Physical bitcoins only easy to use in offline service and business. This coin makers trying to appeal to consumer through quality and the use of precious metals, others offer good designs at relatively low prices, while some offer neither but it would perfect collectors only not for general use. If offline business can accept the bitcoin by transferring it via wallet to wallet, then perfectly fine to use.

Not just those physical bitcoins but the real bitcoin is easy to use and it's very convenient so that we can do business as usual.

I'll just keep on sending them their orders as long as they will inform me the proper date and quantity of pork that they need.

And I'll just wait for the amount that they will send through my bitcoin wallet.
legendary
Activity: 938
Merit: 1002
It is depend on your country where you are living because if your business man accept your bitcoin than no problem to start a business in market. But if your society persons not accept the bitcoin, than it is hard to start offline business. Where i am living in my society not accept the bitcoin easily, than for me it is impossible to build a offline business with bitcoin.
But it would be easier for any business to build a specialized community to have continuous support. The only requirement for that to happen, your business needs to be an attractive one. For example, if you start a offline business for mobile talk time with bitcoin acceptance then people may start adopting bitcoin just to avail your services. You might need to provide some discount for that.

This way, I guess you can start any offline business but you need to provide competitive discounts and you must provide enough promotions too.
hero member
Activity: 812
Merit: 500
It is depend on your country where you are living because if your business man accept your bitcoin than no problem to start a business in market. But if your society persons not accept the bitcoin, than it is hard to start offline business. Where i am living in my society not accept the bitcoin easily, than for me it is impossible to build a offline business with bitcoin.
full member
Activity: 432
Merit: 100
yes, now I'm trying to collect bitcoin to build a tavern or cafe, because at this time, shop or cafe is very much demand. so, I would probably make one shop or café favored by many people using bitcoin. Well, maybe it's the only shop in my place that will accept bitcoin as a means of exchange.
sr. member
Activity: 1372
Merit: 348
Investing bitcoin to buy and sell business is a good thing.  Aside from that we can also accept bitcoin when someone wants to buy the item we want to sell.  This will help in bitcoin economy since even if we setup an offline business, the business aim to accept bitcoin as mode of payment.
full member
Activity: 262
Merit: 100
Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.
The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year.
in fact the price of bitcoin can take a little correction. therefore the price are expected to steptdown a little but after some time it will again start increasing be the price is expected to cross 3000 USD level at the end of 2017.

This is very good news. Especially for those who buy bitcoins for long-term investments. I already have coins, but I plan to make a few more purchases.
Maybe later, I'll leave the world of crypto currency and go into offline business. For example, buying a property and I will rent it out
hero member
Activity: 655
Merit: 500
Investing bitcoin can be very risky. If you have it will be better to move into your personal wallet. As in few months bitcoin rate increases but it also gradually decreases within a month. But according to current scenario this is the perfect time to invest bitcoin in some business as price of bitcoin will increase in the coming years.
Bitcoin is a great investment but right now it is not the time to buy but the time to sell or hold, if you bought at the end of the previous year or a the beginning of this year you will have tremendous profits already buying now does not guarantee you are going to get profits at all.

Price of bitcoins is very high at a moment so it can be risky if you invest money in it now as there is no assurance that it will give you good profits in coming days as there is possibility that price can even go lower so if you want to buy bitcoins then better to wait for price to go down.
I agree, currently its not wise to buy btc better to wait for the price to go down. if i had a good profit from btc i would like to use it to expand my business which is a gadget store, im planning to have an extension shop in a popular mall here but i think it takes a month or years to fulfill it so for now what i can do is to start planning ahead.
The bitcoin price will go down a little then it will rise more.so it doesnt matter if you buy it now or later.it might even touch 2000$ in end of this year.
in fact the price of bitcoin can take a little correction. therefore the price are expected to steptdown a little but after some time it will again start increasing be the price is expected to cross 3000 USD level at the end of 2017.
hero member
Activity: 1008
Merit: 537
Yes I will invest to an offline business if there's enough capital for doing it.

Maybe I'm going to build my own piggery and those people that wants to get some pork from me.

I'm going to open to them that I'm willing to accept bitcoin as payment.

Physical bitcoins only easy to use in offline service and business. This coin makers trying to appeal to consumer through quality and the use of precious metals, others offer good designs at relatively low prices, while some offer neither but it would perfect collectors only not for general use. If offline business can accept the bitcoin by transferring it via wallet to wallet, then perfectly fine to use.
hero member
Activity: 3038
Merit: 634
Yes I will invest to an offline business if there's enough capital for doing it.

Maybe I'm going to build my own piggery and those people that wants to get some pork from me.

I'm going to open to them that I'm willing to accept bitcoin as payment.
hero member
Activity: 812
Merit: 501
yes if i have much bitcoin, i want open some Net Cafe in my town and supporting bitcoin for payment.

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Accept bitcoin payment , that's the way we earn bitcoin. Net cafe is one of the closest business to digital payment system when we have adult market but for children who like gaming in net cafe, I think they don't understand bitcoin.
legendary
Activity: 1652
Merit: 1057
I would suggest not to do any business which will want you to sell your Bitcoins to the local Fiat. Holding bitcoins is more profitable than that actually.
People may go for selling bitcoins when they need capital. Because setting up a business with bitcoin payments may not be possible for all country people. They may need capital in fiats so that entering into a business may be possible. But I guess online business set up could be done with bitcoin payments.

Holding bitcoin must be profitable but it cannot be an active business. Bitcoin based business does not require holding of it. I mean we need to spend bitcoins directly or converting into fiat to spend. So from that alone, setting up a bitcoin based business will be possible.
legendary
Activity: 1512
Merit: 1010
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It seems to make bitcoin not fully arrive in the form offline, until today bitcoin is still in use as an online business, there are still many people who do not know about bitcoin, as I am still a beginner who needs a lot of guidance and direction.
Please educate yourself more on bitcoin related stiff, to use bitcoin for offline business we do not need physical/offline bitcoins. Business dealing alone may happen offline but the payment for that business deal may happen with regular bitcoin payments and about that type of scenario alone we are discussing here.

So it is highly possible to deal on bitcoin payments based for any real time business. Only buyer and seller need to agree about going with bitcoin payments.



Frankly speaking, you too know the difficulties of doing such a business. Transaction fees and confirmation delay agree the major ones.
I would suggest not to do any business which will want you to sell your Bitcoins to the local Fiat. Holding bitcoins is more profitable than that actually.
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