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Topic: Is it a good time to start accepting BTC? - page 7. (Read 1708 times)

full member
Activity: 1484
Merit: 101
I agree that now is the right time to buy bitcoin, the growing global community makes us have to be optimistic that the future of bitcoin will be bright, maybe it is still red because investors are selling off the impact of inflation, but I believe when inflation ends then the price will skyrocket.
sr. member
Activity: 910
Merit: 430
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there's nothing wrong with trying to accept bitcoin at this time. although it must also be seen from other aspects such as whether many people around you are familiar with bitcoin. but it could also be your step in starting to receive bitcoins can add to the heat of the people around you. so that in some time, many people will know bitcoin and use it.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Start accepting bitcoin based on the legal system in your country. In many countries the legal framework isn't supportive to accept bitcoin, because bitcoin is still under the unregulated sector. It is good to accept bitcoin into business unlike the market, but your government shouldn't create any problem to your business.

If your business is in a region where there is more people using cryptocurrencies, then it'll add more support to you. If not you should have the mind to consider bitcoin acceptance without any expectations on short term profit making. Because many large scale business firms like Expedia started accepting bitcoin and stopped within a short as they didn't received expected usage.
sr. member
Activity: 994
Merit: 441
Hello all,

I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?

Thanks in advance!
Given the current market conditions, it is a good time to accept Bitcoin. If you can accept Bitcoin for a long time at this time, you may change one time.Many people have imagined this position in the current market but in this position they will actually buy bitcoin. Now that the market has moved to this position, you can now buy Bitcoin and make long-term investments.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
Better accepting bitcoin on your store payment actually still bitcoin on lower price, beside make transaction easy you have make bitcoin as popular digital currency payment beside your environment. Need to give education before accepting bitcoin if your environment not really understand about bitcoin, give them basic knowledge about bitcoin and guide step by step when using bitcoin like sending and receiving way.
jr. member
Activity: 312
Merit: 1
It’s ALWAYS a good time to accept Bitcoin. Historically it’s appreciated a lot. Enough to make it worth your while.
legendary
Activity: 2156
Merit: 1018
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I think this is the right time if a business receives btc where currently btc is experiencing a decline, we indirectly invest in BTC, but return to what business you are going to establish in order to make a profit
full member
Activity: 1554
Merit: 123
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Hello all,

I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?

Thanks in advance!
the choice is yours when the time is right only you can determine it, now bitcoin is going down maybe some of these people are currently accepting bitcoin or investing in bitcoin but for me personally I have a target that doesn't depend on rising or falling bitcoin prices.
legendary
Activity: 3472
Merit: 10611
I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it?
It depends on what you expect from bitcoin. Considering you are so concerned about the short term volatility it seems like you haven't understood what bitcoin is.
If you are expecting to make a lot of profit by receiving bitcoin payments (from price rise) then the answer is not, it is not a good time to accept bitcoin.
Bitcoin is the only decentralized currency and you should only accept it if you are seeking financial sovereignty.

Quote
And do you accept Bitcoin straight to your wallet, or do you use third-party services?
There is no point in using a third party to receive bitcoin, you might as well continue accepting fiat.
full member
Activity: 1834
Merit: 166
For sure when you have this thought in your mind to accept bitcoin as mode of payment it's the right time but what's the adoption or awareness level about bitcoin in your locality? Even if small percentage of people are willing to pay in bitcoin you could keep them safe in your wallet and hold them for long term if you are afraid of volatility at this time because in long run you will have profits over your btc.But you can also convert them to fiat but accepting it is best choice you can make.
hero member
Activity: 1540
Merit: 772
I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?
If you use a third party will also not be a problem, but it's better if you avoid using third party services.
It's better if you receive it directly.
There is no need to hesitate on Bitcoin because Bitcoin is an asset that will always have value even though there have been many changes in recent months.
That's a brief explanation from me, my friend, that Bitcoin will always be valuable so you don't have to hesitate.
legendary
Activity: 2240
Merit: 2003
A Bitcoiner chooses. A slave obeys.
Hello all,

I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?

Thanks in advance!

Why would you need third party services for Bitcoin? Do you need legal reassurance that a third party won't lose your Bitcoin? Do you trust yourself less than some strangers saying give us your money and everything will be ok? I could understand the fear if it wasn't missplaced fear.

It appears you have not understood the very point of Bitcoin and crypto in general. Be your own bank. Nobody else should control you, your money, your proof of transactions or your wallet.
Or in the case of other cryptos, privacy.

Time to start living a free man. Man. Cool

But thats on you. Roll Eyes

hero member
Activity: 1274
Merit: 561
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You need to observe the reaction of people that accepts Bitcoin when the price was 40k and they are still accepting it till date. In my opinion, it matters to save those bitcoins and use fiat to run your business i.e if you accept both. Some businesses accept only cryptocurrency and they may not be affected by the price because the digital money they accept can get traded for byproducts or materials used in production.

When stacking the bitcoin then it's a bit risky and fully profitable on the other flip. When selling the bitcoin to purchase things (not bad) you may regret it when you see how much the $1k worth of bitcoin transacted now has become when the price hits 40k per bitcoin.
full member
Activity: 529
Merit: 101
Yes, of course. This is enough time to accept Bitcoin.Some people still say bitcoin will be dumping more. Those who want to invest in Bitcoin can make a long term investment by buying Bitcoin.The market may be pumping from time to time. Then you will not be able to buy and will have to buy at a higher price later.If you want to make a long term investment then I would say buy Bitcoin and invest in this market.

From the past bitcoin has always remained the same right? Bitcoin is indeed a decent place for any investment. Whether it's in the long term or even in the short term, bitcoin is indeed worth defending, even though at this time the market seems to be in conflict, but everything will pass over time.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
Hello all,

I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?

Thanks in advance!
whenever would be a good time to receive bitcoins, or have them in your wallet. Questions like these will continue to exist until you start accepting bitcoins, or owning them. for now, the price is even discounted quite far from the ATH price, so this might be an opportunity for you.
Besides, if you feel that it's too late because the bitcoin price has fallen far short of its ATH price, when is the best time for you? is it when the bitcoin price reaches $10k, or when the bitcoin price reaches $100k? Such questions will reappear when the bitcoin price has reached one of these prices. So, it's never too late when you start.
sr. member
Activity: 1386
Merit: 451
Yes, of course. This is enough time to accept Bitcoin.Some people still say bitcoin will be dumping more. Those who want to invest in Bitcoin can make a long term investment by buying Bitcoin.The market may be pumping from time to time. Then you will not be able to buy and will have to buy at a higher price later.If you want to make a long term investment then I would say buy Bitcoin and invest in this market.
hero member
Activity: 1918
Merit: 564
Hello all,

I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?

Thanks in advance!

I think, the time when you are convinced that Bitcoin holds more value is the best time to start accepting Bitcoin.  Aside from that, it is always a good time to accept BTC during bear trend.  That way, your product will cost more BTC due to the BTC price collapsing.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
There are some interesting things about bitcoin lately; that more than 12 million bitcoin has not moved in a year and it keeps leaving the exchanges. Grayscale has released the plan to sell bitcoin if it goes below 21k, which is a depressing news to the space with the amount of bitcoin in there custody, it is like going to dump bitcoin lower than 15k price. This premise give a disturbing view on the dip in this market for bitcoin. Some expect the lowest dip between November and February 2023.
full member
Activity: 197
Merit: 102
I have been personally accepting bitcoin for around 4 years now and never felt any problems with it. I am in marketing and that means I will be able to do the work and get paid accordingly, if I do a great job then I get paid a lot, if I do a horrible job then I will not be paid well. This dynamic deal, plus being able to find jobs all around the world and working in front of my PC without ever leaving my house is the reason why I love bitcoin so much. I get to not only earn bitcoin from doing this, but also spend it back again to grow bigger and become a bit more famous and end up with bigger customers thanks to it.
legendary
Activity: 2688
Merit: 1192
Hello all,

I have been following Bitcoin prices for some time, and now I'm doubtful if it is a good time to start accepting it as it has changed so much in the past months. Those who accept Bitcoin - is it worth it? And do you accept Bitcoin straight to your wallet, or do you use third-party services?

Thanks in advance!

Sure it's a better time than any other to adopt and accept Bitcoin because there are so many developers in the sector. There are a whole range of solutions available depending on your business and personal needs. If you just want to accept Bitcoin as another payment method then you should probably seek a company that allows you to sell it immediately on receipt, with all the appropriate fees factored, because volatility might see you lose (or gain) money from price movements. If you're more interested in accruing Bitcoin over time then you might simply want to accept it to your private wallet, as long as you take reasonable steps to secure it.
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