Convert bitcoin into fiat money. That's my idea. However your convertion is to fund offline business. Or get croudfunding from bitcoin commnunity to do offline business. By converting into fiat money, offline business which is stable can attract investment instead of deposit into HYIP.
Ill make the same move too on which those bitcoin would be converted to fiat to invest it on offline business since bitcoin isnt popular in my place and its nonsense on building or accepting bitcoin if the people live on your place doesnt even recognize it. 
Topic: Do you have an idea to invest your bitcoin in offline business? - page 27. (Read 33651 times)
February 22, 2017, 06:34:13 AM
February 22, 2017, 04:33:11 AM
Convert bitcoin into fiat money. That's my idea. However your convertion is to fund offline business. Or get croudfunding from bitcoin commnunity to do offline business. By converting into fiat money, offline business which is stable can attract investment instead of deposit into HYIP.
February 22, 2017, 01:43:55 AM
Well I know some people that are using bitcoin for their business in real life,
I mean they use bitcoin as a capital for their store's .
I mean they use bitcoin as a capital for their store's .
Yeah and they have to convert their BTC to fiat, dont they? Technically that makes their BTC investment in real life actually a fiat investment.
This is the second time I heard someone mention they use BTC as capital for their stores. What country do they do it from and what kind of stores are they? I also want to know why theres a need for BTC to start their stores. Why not use fiat directly instead of buying BTC then converting back to fiat again. What role is BTC playing?
February 21, 2017, 10:01:32 PM
If government's accept Bitcoin as a payment method than i am ready to setup milk dairy farm. Where i can accept payments in bitcoin because today there is huge demand for genuine milk. Really this business will give lot profits, but you need to do lot of hard work so that people should believe me.
February 21, 2017, 09:09:52 PM
You can't use bitcoin in an offline business. You have to convert it into fiat. Once you convert it's no longer bitcoin, it's fiat. In this discussion bitcoin is not involved. The correct question has to be like this: Do you have an idea to invest your online earnings in offline business? My answer would be yes if I have enough capital and see a profit potential.
Good answer, I like it. There is literally no way to invest your bitcoin in "offline" business without exchanging BTC to FIAT first.Someone in this thread also asked about bitcoin crowdfunding to fuel your real life projects - don't do it with Bitcoin, you will fail.
The reason ICO crowdfunding is so popular is that backers expect revenue from early stage cryptocurrency projects, and you can't give them that with your 'offline' business.
February 21, 2017, 08:41:26 PM
Instead of making an ordinary offline business, i'd much rather prefer having stake in BTM's or Vending Machines accepting Bitcoin as a payment method.
Now there are insane types of startups that enable Bitcoin to be expanded into a physical environment, it'll be a longer wait to see its entire potential.
Now there are insane types of startups that enable Bitcoin to be expanded into a physical environment, it'll be a longer wait to see its entire potential.
February 21, 2017, 08:30:51 PM
If i have the money i will surely invest it to creating my own mining farm to mine my own bitcoins.
I'll start from buying some few equipments like mining rigs just for starters cause i know when starting a business has some trial and errors
So i must have some understanding first to what kind of business im doing then if i manage to pull through and start earning some good amount of money. I'll try expanding it.
I'll start from buying some few equipments like mining rigs just for starters cause i know when starting a business has some trial and errors
So i must have some understanding first to what kind of business im doing then if i manage to pull through and start earning some good amount of money. I'll try expanding it.
February 21, 2017, 04:42:29 PM
You can't use bitcoin in an offline business. You have to convert it into fiat. Once you convert it's no longer bitcoin, it's fiat. In this discussion bitcoin is not involved. The correct question has to be like this: Do you have an idea to invest your online earnings in offline business? My answer would be yes if I have enough capital and see a profit potential.
February 21, 2017, 09:11:14 AM
Well I know some people that are using bitcoin for their business in real life,
I mean they use bitcoin as a capital for their store's .
I mean they use bitcoin as a capital for their store's .
February 21, 2017, 07:36:30 AM
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?
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?
It is a good idea. But it just fit with some people used to know and use bitcoin.
And for those who do not know, it's hard to explain and convince them to accept Bitcoin currency
February 21, 2017, 02:09:22 AM
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?
It could be possible but to be honest bitcoin needs to first reach a great level of adoption to be able to take advantage of business opportunities off line since there are lots of opportunities online we cannot take advantage for the lack of adoption. 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?
February 21, 2017, 02:00:07 AM
Hmm, indeed offline have a growth rate much higher than online. But according to my analysis, in the future all people will start to leave offline and switch to online. Because I'm sure in the future advances in technology will greatly facilitate all activities we do. So, the online business is a very suitable base for bitcoin. Because an online business are looking for a tool that is very flexible and very profitable. You don't have to worry if the Government in your country prohibit bitcoin then it is not an issue, because it can still access if you still get the flow of the internet
Really? Can you give us more info on your analysis? Im sure it would be eye opening to us here in the forum. Whether that eye opener is positive or negative will however depend.
If you think businesses on the internet are very suitable for BTC, why arent that many online shops using it? Im not talking about small online shops, Im talking about big businesses like Amazon. Please give us your analysis on that.
February 20, 2017, 09:13:32 PM
of course i will, i want to help tourism industry by build a hotel or resort so tourist can stay at my hotel for holiday. i will add bitcoin ATM machine in my hotel so customer can using bitcoin to make payment. i will also make invest for agricultural to help farmer to make new innovation and help them to increase their revenue.
Bitcoin a virtual tool and does not have a clear legal entities, so I think it will be very difficult for the businessman using bitcoin in offline, because they don't want to get something that gives a problem that could make them lose. Indeed in fact better offline than online, but much more profitable in the bitcoin online. Because with bitcoin we can buy all the things that exist outside of the country without having to exchange money in advance or bitcoin can be a tool of Exchange without a fee and also without fear of price reduction
February 20, 2017, 08:13:06 PM
it is good idea. I actually invest my bitcoin in an offline business. but it is a personal business, and I still develop it. but I think I want to develop it myself first then if it is possible I would invite bitcoin investors to join like you said.
February 20, 2017, 05:54:37 PM
I want to help tourism too here in my country and if I will be given a chance to invest into such investments then I like to go with agricultural. Since my parents came from rural place they know how to take care of agricultural lands and on how to cultivate it. And if that happens, we will make it as source of plantation and tourism.
February 20, 2017, 05:31:13 PM
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?
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?
It could be very useful as loan for micro businessman trying to start their businesses. I already saw something here on forumabout a pig farm, but it wasn't succesful because the animal breeder scammed everyone. Anyway, I like the idea, very helpful for who needs initial investment and don't want to pay high fees for government or banks, all we need is that both parts of the negociation agree with the terms.
February 20, 2017, 12:07:20 PM
I would love to invest my bitcoins into such real investments by converting it to fiat first. And that would be what everyone preferred business which is real estate. Through this type of business I can have decent income even without effort too much. Also while sleeping money or profit can come back to me easily and that's why everyone's preferred this.
February 20, 2017, 10:06:06 AM
it's very risky to invest bitcoin in those business you are telling, because they belong to the real life world controlled by the governemnt with their rules, and they don't see bitcoin very well, you also need some documents/legal trouble and stuff like that to setup before doing it, not worth the effort, what about mining? mining and crypto go very well together and can earn you money without doing nothing, it's preferable for me
Do you really believe what you are saying? Do you think any bitcoin made business is worth more than amazon, apple, microsoft, etc. I think even if we compile all the bitcoin-based investments and business it won't even be up to par with any company in the top 500 businesses in just in the USA. It may be hard due to government control, but for sure right now any bitcoin-based business will not beat real life businesses.
February 20, 2017, 09:06:25 AM
Hmm, indeed offline have a growth rate much higher than online. But according to my analysis, in the future all people will start to leave offline and switch to online. Because I'm sure in the future advances in technology will greatly facilitate all activities we do. So, the online business is a very suitable base for bitcoin. Because an online business are looking for a tool that is very flexible and very profitable. You don't have to worry if the Government in your country prohibit bitcoin then it is not an issue, because it can still access if you still get the flow of the internet
February 20, 2017, 06:36:23 AM
it's very risky to invest bitcoin in those business you are telling, because they belong to the real life world controlled by the governemnt with their rules, and they don't see bitcoin very well, you also need some documents/legal trouble and stuff like that to setup before doing it, not worth the effort, what about mining? mining and crypto go very well together and can earn you money without doing nothing, it's preferable for me
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