in your business do you accept only Bitcoin or Altcoins too? - page 2.

tuapoma

sr. member

Activity: 437

Merit: 250

Quote from: Xinarae on June 12, 2016, 08:36:08 PM

Not realy for using Altcoin for business,
but if yours sistem can fast change Altcoin to BTC or Money, this looking for be better.

hello xinarae, the fundamental purpose of the cryptocurrency technology has been to offer privacy and independence from the traditional financial services. In this context, BITCOIN and DASH seem the best options.

already experienced in daily transactions? paying and receiving micropayments...

cheers

Xinarae

full member

Activity: 126

Merit: 100

Not realy for using Altcoin for business,
but if yours sistem can fast change Altcoin to BTC or Money, this looking for be better.

tuapoma

sr. member

Activity: 437

Merit: 250

I already have a few years of experience in cryptocurrencies, since March 2014 I'm accepting Bitcoin on my website, and since September 2015 I'm accepting DASH. I'm working every day to improve my site, and I have great hope on the cryptocurrency technology.

benthach

legendary

Activity: 1764

Merit: 1000

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

just bitcoin.
bitcoin is the gold standard. we used to accepting litecoin and some others but not anymore.

john2231

hero member

Activity: 924

Merit: 1001

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

Accepting dash is ok because the price of dash is stable but better to find an advance altcoin they you know has a potencial to grow just like bitcoin..
If you have a business and there an altcoin and trusted devs you can help them and accept this altcoin as payment so that it can help develop or adopt this altcoin..

densuj

legendary

Activity: 910

Merit: 1000

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

If i have business i will accept bitcoin and ethereum. Because ethereum has stable price and bitcoin has expensive price. My opinion dash coin is not too much has volume even if it is old coin than ethereum.

brekyrself

hero member

Activity: 547

Merit: 502

Quote from: kiklo on June 12, 2016, 12:51:11 AM

Quote from: tintumon on June 12, 2016, 12:17:55 AM

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

I would stick with Bitcoins for startups as alt coins are too volatile

BTC price has moved up ~$100 bucks or more in a month or so, that is Volatile and can just as easy reverse direction next month.

If you are running a Business, and you need to pay bills in Fiat , you really have no option but to convert to Fiat as soon as you receive it.
Which means you can take any crypto as long as it is immediately converted to Fiat.

If you are an investor , you are using money that is not needed to pay bills , so you can buy and hold whatever crypto you believe has the best chance for success , until you decide it succeeded or failed.

Never confuse an investment with running a business, it is a quick way to lose both.

Cool

Exactly this. Truth is, very few people are going to pay with crypto. You can use it as an advertising platform but don't expect a line of people wanting to pay with btc or any alt! This is one area smartcoins (market pegged assets - BitUSD, BitEuro, etc...) such as those provided by BitShares is looking to solve. Only problem with the BTS system is the lack of liquidity with the smartcoins so it would be difficult to go from smartcoin > fiat quickly without high slippage.

ofortuna

sr. member

Activity: 252

Merit: 250

Quote from: kiklo on June 12, 2016, 12:51:11 AM

Quote from: tintumon on June 12, 2016, 12:17:55 AM

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

I would stick with Bitcoins for startups as alt coins are too volatile

BTC price has moved up ~$100 bucks or more in a month or so, that is Volatile and can just as easy reverse direction next month.

If you are running a Business, and you need to pay bills in Fiat , you really have no option but to convert to Fiat as soon as you receive it.
Which means you can take any crypto as long as it is immediately converted to Fiat.

If you are an investor , you are using money that is not needed to pay bills , so you can buy and hold whatever crypto you believe has the best chance for success , until you decide it succeeded or failed.

Never confuse an investment with running a business, it is a quick way to lose both.

Cool

You're right on the money

kiklo

legendary

Activity: 1092

Merit: 1000

Quote from: tintumon on June 12, 2016, 12:17:55 AM

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

I would stick with Bitcoins for startups as alt coins are too volatile

BTC price has moved up ~$100 bucks or more in a month or so, that is Volatile and can just as easy reverse direction next month.

If you are running a Business, and you need to pay bills in Fiat , you really have no option but to convert to Fiat as soon as you receive it.
Which means you can take any crypto as long as it is immediately converted to Fiat.

If you are an investor , you are using money that is not needed to pay bills , so you can buy and hold whatever crypto you believe has the best chance for success , until you decide it succeeded or failed.

Never confuse an investment with running a business, it is a quick way to lose both.

Cool

tintumon

sr. member

Activity: 364

Merit: 250

dinkimole nokkalle...

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

I would stick with Bitcoins for startups as alt coins are too volatile

tuapoma

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

Topic: in your business do you accept only Bitcoin or Altcoins too? - page 2. (Read 1240 times)