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Topic: Is small business ready to sell for cryptocurrency? - page 16. (Read 4986 times)

full member
Activity: 518
Merit: 100
Watching the events that take place on the market for more than 5-6 months, I'd rather say that selling any business, even the smallest one to buy the crypto, is not the best idea that could occur to you.
sr. member
Activity: 1162
Merit: 251
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
I think the problem is not their will, but their knowledge of crypto is still very minimal you know. of course entrepreneurs will be happy to accept crypto payments because it will expand their business sales market. and I'm also ready to sell my services in crypto
legendary
Activity: 2212
Merit: 1008
everything can happen and no one can know for sure in the future the most important is the legality of the government for sale using crypto currency because in my country crypto currency transactions are still prohibited for direct transactions

Yes, here, everything depends on the country you live in. However, it is always a great risk to sell your small business which brings money, to buy the cryptocurrencies. The crypto market is too volatile.
sr. member
Activity: 854
Merit: 251
everything can happen and no one can know for sure in the future the most important is the legality of the government for sale using crypto currency because in my country crypto currency transactions are still prohibited for direct transactions
hero member
Activity: 1694
Merit: 502
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starting from small things first, because it is still difficult to balance between crypto exchange rates to fiat and to the price of goods to be sold. for example, the cost of electricity bills, paid for using crypto. so we must be able to set the crypto value paid to the electricity bill, without changing the kripo exchange rate to fiat so that there is no difference.
I have a friend that have a store, when we talk about cryptocurrencies he speak about fears that he have. His biggest problem with cryptocurrencies is fluctuation, how can he sell something for some price and tomorrow that amount of coins to worth less than today. His family depends from that store and he cannot put himself in that situation to lose money, instead to making some profit. Next thing that troubles him is my country regulation about cryptocurrencies, he would be unable to pay all taxes, workers with cryptocurrencies. My country is very slow when it comes to adoption, but people are waking up, slowly but they do, I believe things will be different in next few years.
full member
Activity: 686
Merit: 104
starting from small things first, because it is still difficult to balance between crypto exchange rates to fiat and to the price of goods to be sold. for example, the cost of electricity bills, paid for using crypto. so we must be able to set the crypto value paid to the electricity bill, without changing the kripo exchange rate to fiat so that there is no difference.
sr. member
Activity: 870
Merit: 250
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
The concept of selling goods and services of enterprises with electronic money is very new and potential. But I think there are many problems of price and stability of Bitcoin and the popularity of Bitcoin For businesses to exploit this form. Because it is very fast and safe at no cost.
sr. member
Activity: 1344
Merit: 253
Not all of small businesses are now ready to use cryptocurrencies because there are only few small business in the world that are aware to what is cryptocurrencies. For us to have digital society, businesses should first accept cryptocurrencies for the customers to adapt it.
maybe a very small number for small businesses use cryptocurrency, and I think for those who use it, of course they will sell as much as they can to turn their business around so that it can run normally
full member
Activity: 651
Merit: 103
Not all of small businesses are now ready to use cryptocurrencies because there are only few small business in the world that are aware to what is cryptocurrencies. For us to have digital society, businesses should first accept cryptocurrencies for the customers to adapt it.
sr. member
Activity: 854
Merit: 250
I always think of businesses that are suitable for me, but a suitable place is always a difficult obstacle to pass. besides, I'm also waiting for the altcoin price to rise so that I can sell my assets without regret. well, of course I use cryptocurrency to support my current real business.
cryptocurrency can indeed provide a capital for our real business dreams. but indeed we know that now the price that is down makes us have to be able to be careful in making these investments
member
Activity: 462
Merit: 11
everyone will be more realistic when crypto can provide the best value on trade and this is worth using, so many investors and businesses will use it for many activities, but now rumors about whales that continue to play with prices will give a bad image and fear of many parties joining to crypto and this is one of the reasons why prices are down for now
jr. member
Activity: 378
Merit: 3
Most of the small business are coming forward to mass adoption mainly Pos application like Pundix and other applications are taking btc to thousamds of merchants worldwide
legendary
Activity: 2534
Merit: 1338
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
Businesses are only looking for one thing and that is to get profits, if cryptocurrencies can help the business owners to get profits then you are going to see a wave of massive adoption sweeping the world, but if that is not the case as what it's happening right now the only ones that are going to adopt cryptocurrencies are those that believe in them even if they get no profits for accepting them.
member
Activity: 980
Merit: 62
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

It is a double edge sword for small businesses. First of all, they need to make an investment in order to get an ATM or equipment that will help them make these transactions. Also, this kind of companies needs liquidity for their operations so they need to cash out instantly within a short period of time. On the other hand, they will be able to attract a new market where people are able to make crypto payments anonymously.
If I had an online shop I would totally accept crypto as a payment method. Nothing to lose only to earn!
full member
Activity: 450
Merit: 107
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

if I'm not going to sell the business that I have built for cryptcurrency. because starting a business is difficult even though it's a small business. better if I want to invest in crypto then I will save then start investing. so that I will continue to run my business and also start trading or investing in crypto. I am sure I can do both well. cryptocurrency business and investment.
hero member
Activity: 2352
Merit: 905
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There was one good question in this thread from OP: "What kind of reasons can motivate people to start a crypto business?" I would say major reason is very low competition, despite the fact that amazon, ebay and a lot of service can accept bitcoin and destroy everything, they don't do it and haven't done for years. So from this eyesight, there is still low competition and it's more easy to become popular and attract people. Some also may act like they can handle a lot of requests, hold bitcoin and cover fees from their pocket in usd, wait for rise and then sell bitcoins.
full member
Activity: 2128
Merit: 180
At the moment cryptocurrencies are not meant for small businesses. It is more better for them to use only fiat. So that their business will not put in danger. Because of the quick changing in price of cryptos.
The volatility is the concern for small businesses to not accept cryptos since they need money that is more stable and easy to use. Its not a good idea to accept cryptos, its too risky to do so and even if you choose the top coins. Cryptocurrency is meant for bigger companies that can afford to take risk and lose money.
full member
Activity: 504
Merit: 100
At the moment cryptocurrencies are not meant for small businesses. It is more better for them to use only fiat. So that their business will not put in danger. Because of the quick changing in price of cryptos.
hero member
Activity: 1526
Merit: 501
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
In order for this to happen, it is necessary for the state to legalize cryptocurrency first, tax and other authorities receive clear instructions on how to check and interact with those business structures that will use cryptocurrency.
From a practical point of view, I read that many shops began to refuse to accept cryptocurrency because of its high price volatility. Not everyone wants to take risks in this regard.
Exactly, many stores refuse cryptocurrency because it's not suitable for payment when its value changes very quickly, combined with the confirmation time is too long, it was enough to make these stores headache. In addition, as many people here may realize, cryptocurrency is still a product that governments of most countries still don't allow people to use it in real life, big and small shops can understand that and of course, they can't accept crypto when it can bring legal trouble to them, being an entrepreneur, they understand the benefits and losses in this story, so they will definitely not participate in crypto
full member
Activity: 2142
Merit: 183
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
In order for this to happen, it is necessary for the state to legalize cryptocurrency first, tax and other authorities receive clear instructions on how to check and interact with those business structures that will use cryptocurrency.
From a practical point of view, I read that many shops began to refuse to accept cryptocurrency because of its high price volatility. Not everyone wants to take risks in this regard.
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