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Topic: in your business do you accept only Bitcoin or Altcoins too? (Read 1240 times)

sr. member
Activity: 462
Merit: 250
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What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

In business you need to start slowly if I was you I would just start in BTCitcoin thats because altcoins are very fragile they increase but they can also decrease in an instant they are too vulnerable in business. It's just to risky for now because your just starting a business, Bitcoin is more in neutral, it decreases but not that much it just bounce back. For me you can use altcoin, when you have a stable business running.

- CONCOIN - The most dangerous cryptocurrency in the world
legendary
Activity: 1302
Merit: 1018
Cashback 15%
What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

As long as accept the main crypto currency Bitcoin your business ok adding altcoins is good if requested by customers,every body who are into crypto currency are 100% holders of bitcoin so make it your main currency and only add coins if it profitable to do so .
I would like to stick into bitcoin because i do see its value compared to alts and its been recognize mostly by some people or just on bitcoin users itself and if i need to choose another altcoin to be accepted then i would choose ETH to be accepted incase if i do have a business either online or offline.
newbie
Activity: 2
Merit: 0
I feel like BitPay needs an overhaul here - it makes sense - tier 2 coins should be a nobrainer.
sr. member
Activity: 437
Merit: 250
in this last year, the most profitable currency is the DASH Digital Cash.
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

As long as accept the main crypto currency Bitcoin your business ok adding altcoins is good if requested by customers,every body who are into crypto currency are 100% holders of bitcoin so make it your main currency and only add coins if it profitable to do so .
sr. member
Activity: 632
Merit: 250
I am selling on openbazaar, so yes, I accept bitcoin.
sr. member
Activity: 437
Merit: 250
From today Tuapoma only accepts DASH
newbie
Activity: 42
Merit: 0
Personally I would accept Bitcoin over the other coins because more people have bitcoins compared to for example Ethereum. Just makes it easier to exchange to cash if you need to.
sr. member
Activity: 437
Merit: 250
What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers
for a start up business you should only accept bitcoins because it is very promising but altcoins are not. but if you still want to accept altcoins then use etherem as it looks promising. but best thing i can recommend you is only accept bitcoin. no problems no loss.

Hello Edwardard,

I do not understand ether as a payment system, they say that ether is a platform for distributed computing to run intelligent contracts; it sounds good, but so far I have never found an intelligent payment system by ether.

In my opinion a cryptocurrency needs be decentralized and privacy, with decrease in the number of coins over the years.  Cool

well, the fundamental purpose of the cryptocurrency technology has been to offer privacy and independence from the traditional financial services. In this context, DASH is the best option.

cheers
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
ONLY TRUMPCOIN!
legendary
Activity: 1652
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What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

Not many people use Dash. Take a look at this:

https://bitinfocharts.com/

In terms of transactions in the last 24 hours (which is what businesses should be focusing on, as it shows people actually sending or receiving coins). bitcoin is top, followed by Ether, Doge and litecoin. Dash has a pathetic 1,310 transactions in the last 24 hours - no-one is using it for much.

So, yes, include alts, but focus on the alts that people are actually using. 
full member
Activity: 182
Merit: 100
edward must know, he sounds like a pro  Roll Eyes
hero member
Activity: 1050
Merit: 681
What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers
for a start up business you should only accept bitcoins because it is very promising but altcoins are not. but if you still want to accept altcoins then use etherem as it looks promising. but best thing i can recommend you is only accept bitcoin. no problems no loss.
sr. member
Activity: 364
Merit: 250
dinkimole nokkalle...
if i had one i would accept only bitcoin, not even fiat but only the true king, altcoin can be accepted but only if strong enough like ethereum or litecoin

that you know won't die tomorrow...
You reckon LTC is strong  Huh
legendary
Activity: 3206
Merit: 1069
if i had one i would accept only bitcoin, not even fiat but only the true king, altcoin can be accepted but only if strong enough like ethereum or litecoin

that you know won't die tomorrow...
sr. member
Activity: 364
Merit: 250
dinkimole nokkalle...
This service enables businesses to accept dozens of altcoins with not much hassle. They'll pay the business owner out in whatever he wants, i think. Funny nobody mentioned it so far. It has been around for a very long time.

https://www.coinpayments.net/
Is there any statistics on the actual altcoin usage by coinpayments?
There are around 52 coins listed there. I would like to know which of them is transacted most.
hero member
Activity: 742
Merit: 500
This service enables businesses to accept dozens of altcoins with not much hassle. They'll pay the business owner out in whatever he wants, i think. Funny nobody mentioned it so far. It has been around for a very long time.

https://www.coinpayments.net/
hero member
Activity: 2926
Merit: 567
What is the best strategy to a startup business, accept only Bitcoin or accept Bitcoin and some Altcoins?

I'm accepting Bitcoin and DASH in my startup. But it is the best strategy?

cheers

Any trade-able and profitable altcoin should be included so your buyer has many options to use,some holders also holds altcoins and they would want to use that also more than using bitcoin on their purchase..
sr. member
Activity: 437
Merit: 250
accept it from btc to dash and eth, i accept it. so long as its valuable.

hello btctube, I do not understand ether as a payment system. they say that ether is a platform for distributed computing to run intelligent contracts, it sounds good, but so far I have never found an intelligent payment system by ether. in my opinion a cryptocurrency needs be decentralized and privace, with decrease in the number of coins over the years.  Cool

cheers
hero member
Activity: 700
Merit: 500
 accept it from btc to dash and eth, i accept it. so long as its valuable.
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