If i give you 10 BTC what will you do? - page 68.

katrimans

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Quote from: tampazeus on August 22, 2016, 08:26:05 AM

Quote from: BeGoods on August 22, 2016, 07:50:34 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital?

There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries.

From a personal perspective, 10 btc would be more than enough to start a cafe business. 1 BTC is for space rental good for at least 2-4 months (depending on location), 5 btc for all the equipments required, another 1 btc for maintenance and staff fees for 2 months more or less, and less than 1btc for paper works.

You even have around 3 btc to spare. This is only considering you start a small cafe business. Large scale cafe business is a different story since you'd need advertising fees and larger space rental fees as well.

safari88

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Quote from: mark coins on August 22, 2016, 10:58:48 AM

Quote from: sirohige on August 22, 2016, 10:40:13 AM

Quote from: gerXhonza on August 22, 2016, 07:48:53 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

That's great and as an existing users of bitcoin I think we should take initiative in spreading bitcoin to the people around us which will surely contribute to the higher adoption level.

how about open bitcoin vending machine ? like coca-cola vending machine or other drink ?
we can use mall as strategis place to make bitcoin more familiar, i think with 10btc we can have 2-3 pcs of vending machine.

That's a great idea but only thing comes to my mind is if people around us are not aware about the basics of bitcoin then how can we expect them to spend, and as business owner we also want some traffic to earn some profits.

a good idea, but there are still many people who do not know about bitcoin. so it will be a problem for you. may be difficult to be profitable if not many people are interested.

greBit

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Quote from: iqlimasyadiqa on August 22, 2016, 11:08:55 AM

Quote from: tampazeus on August 22, 2016, 08:26:05 AM

Quote from: BeGoods on August 22, 2016, 07:50:34 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital?

There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries.

so true . in some countries we can live with the low level of the economy. we can benefit in developing countries. but it is impossible when we are still in the country including developed countries.

Yeah if you are living in developed country then I think you will need more then 10 btc of capital to start a business as real estate rates are too high in developed countries.

mishra1994

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If i get 10 bitcoins then i am gonna start an online business with.I would invest it in web designing or i would buy an already well established website and start promoting that and invest some bitcoin for its promotions as well.I would also start lending these coins to others to get some more as interest from them.

iqlimasyadiqa

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Quote from: tampazeus on August 22, 2016, 08:26:05 AM

Quote from: BeGoods on August 22, 2016, 07:50:34 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital?

There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries.

so true . in some countries we can live with the low level of the economy. we can benefit in developing countries. but it is impossible when we are still in the country including developed countries.

pereira4

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Quote from: mark coins on August 22, 2016, 10:58:48 AM

Quote from: sirohige on August 22, 2016, 10:40:13 AM

Quote from: gerXhonza on August 22, 2016, 07:48:53 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

That's great and as an existing users of bitcoin I think we should take initiative in spreading bitcoin to the people around us which will surely contribute to the higher adoption level.

how about open bitcoin vending machine ? like coca-cola vending machine or other drink ?
we can use mall as strategis place to make bitcoin more familiar, i think with 10btc we can have 2-3 pcs of vending machine.

That's a great idea but only thing comes to my mind is if people around us are not aware about the basics of bitcoin then how can we expect them to spend, and as business owner we also want some traffic to earn some profits.

The concept of "bitcoin bending machine" with an analogy of a coke machine makes no sense to me. It would need to be better described what does he exactly mean, because that to me sounds like a conventional ATM machine, so in this case you are not innovating into a new niche, you would be competing against already existing ATM machines.

mark coins

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Quote from: sirohige on August 22, 2016, 10:40:13 AM

Quote from: gerXhonza on August 22, 2016, 07:48:53 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

That's great and as an existing users of bitcoin I think we should take initiative in spreading bitcoin to the people around us which will surely contribute to the higher adoption level.

how about open bitcoin vending machine ? like coca-cola vending machine or other drink ?
we can use mall as strategis place to make bitcoin more familiar, i think with 10btc we can have 2-3 pcs of vending machine.

That's a great idea but only thing comes to my mind is if people around us are not aware about the basics of bitcoin then how can we expect them to spend, and as business owner we also want some traffic to earn some profits.

sirohige

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Activity: 784

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Quote from: gerXhonza on August 22, 2016, 07:48:53 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

That's great and as an existing users of bitcoin I think we should take initiative in spreading bitcoin to the people around us which will surely contribute to the higher adoption level.

how about open bitcoin vending machine ? like coca-cola vending machine or other drink ?
we can use mall as strategis place to make bitcoin more familiar, i think with 10btc we can have 2-3 pcs of vending machine.

tampazeus

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Quote from: BeGoods on August 22, 2016, 07:50:34 AM

Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital?

There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries.

BeGoods

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Activity: 1372

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Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital?

gerXhonza

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Activity: 812

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Quote from: PsursV on August 22, 2016, 07:39:34 AM

Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

That's great and as an existing users of bitcoin I think we should take initiative in spreading bitcoin to the people around us which will surely contribute to the higher adoption level.

PsursV

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Quote from: fkvidar on August 22, 2016, 06:48:09 AM

If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin.

JessicaSe

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Quote from: ukasyah on August 22, 2016, 07:19:55 AM

Quote from: btcltccoins on April 12, 2016, 02:43:45 AM

I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.

actually I don't really like this question. I will be happy if you give me those 10 bitcoin rather than say it Grin

I also don't like gambling. you can invest your bitcoin in altcoins (trading), or you can open a shop that accepts bitcoin as payment.

The best way to grow your coins is through altcoin trading, but you should invest in it only if you are aware about the market or else it will be an risky affair.

ukasyah

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Quote from: btcltccoins on April 12, 2016, 02:43:45 AM

I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.

actually I don't really like this question. I will be happy if you give me those 10 bitcoin rather than say it Grin

I also don't like gambling. you can invest your bitcoin in altcoins (trading), or you can open a shop that accepts bitcoin as payment.

veles7

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If you give me 10 BTC, i have realized my dream. Going to the islands in the Pacific Ocean or the Caribbean, never been there. It is a pity no one will give these 10 BTC Undecided

fkvidar

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If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.

BitFinnese

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Quote from: 8Habits on August 22, 2016, 03:45:58 AM

Quote from: madwica on August 21, 2016, 11:17:52 PM

if you give me 10 bitcoin i will open up a business which is i will sell the very in demand product here in my area to keep my business alive and/or restaurant because here in my country Philippines most of the people or all of the people here are food lover that is why i think i will gain more profit if i have that businesses

I guess if you are in the Philippines and you franchise with Jollibee, the counterpart of Mc Donalds or you franchise to Mang Inasal, you will become richer in no time. Those 2 businesses are doing well there I believe. However, I was informed that the franchise fee of those two are serious money - millions in Philippine money.

Not that very true. There are lots of fast food chain branches that goes bankrupt. There are lots of competition already so it is harder for these franchise to have a good profit especially if the location is not that good. Anyway if i was given 10 BTC i would set up an online store with trending products and accept bitcoin as payment.

dEJAVU95

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If you give me 10 BTC, or if I have my own about 10 BTC, then I will save 2.5 BTC for future financing and the remaining will invest in some good business, like I will start a small academy for teaching some small courses or computer courses or some other business.

freedomgo

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Quote from: ChronoLite on August 22, 2016, 04:41:05 AM

Quote from: arseaboy on August 21, 2016, 11:52:30 PM

wow very supportive lsk holder mate, but me if I can have that gift from OP I rather open a offline business in my place might be looking for something that have more demands like food cart or gadget place 10 bitcoin is enough to open it here in my place.

Yup , you can double your earning through offline business where they has a good support and famous market with gadget or maybe food store.
Well-managed your business and brave to take a risk , you'll be success soon also you can still invest on bitcoin while you have a business IRL.

Your business should always depend on your passion, and you should have the full knowledge before you start one. Although you already have the money to make your plan into realization there are still many factors to consider in order to succeed.

ChronoLite

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Quote from: arseaboy on August 21, 2016, 11:52:30 PM

wow very supportive lsk holder mate, but me if I can have that gift from OP I rather open a offline business in my place might be looking for something that have more demands like food cart or gadget place 10 bitcoin is enough to open it here in my place.

Yup , you can double your earning through offline business where they has a good support and famous market with gadget or maybe food store.
Well-managed your business and brave to take a risk , you'll be success soon also you can still invest on bitcoin while you have a business IRL.

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