in your business do you accept only Bitcoin or Altcoins too?

Gintama214

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Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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

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Quote from: fortunecrypto on March 29, 2017, 11:35:31 PM

Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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.

Butts

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I feel like BitPay needs an overhaul here - it makes sense - tier 2 coins should be a nobrainer.

tuapoma

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in this last year, the most profitable currency is the DASH Digital Cash.

fortunecrypto

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Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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 .

hansen.ng

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I am selling on openbazaar, so yes, I accept bitcoin.

tuapoma

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From today Tuapoma only accepts DASH

sfinxster

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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.

tuapoma

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Quote from: Edwardard on June 13, 2016, 02:07:22 AM

Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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

DecentralizeEconomics

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Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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.

haendehochueberfall

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edward must know, he sounds like a pro Roll Eyes

Edwardard

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Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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.

tintumon

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dinkimole nokkalle...

Quote from: Amph on June 13, 2016, 01:42:23 AM

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

Amph

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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...

tintumon

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dinkimole nokkalle...

Quote from: balu2 on June 12, 2016, 09:47:14 PM

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.

balu2

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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/

aioc

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Quote from: tuapoma on June 11, 2016, 10:36:26 PM

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..

tuapoma

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Quote from: btctube on June 12, 2016, 08:07:37 PM

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

btctube

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accept it from btc to dash and eth, i accept it. so long as its valuable.

Topic: in your business do you accept only Bitcoin or Altcoins too? (Read 1291 times)