Is small business ready to sell for cryptocurrency? - page 27.

BLAST2MARS

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Quote from: Ilia5225 on May 04, 2018, 03:33:45 AM

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've seen a lot of merchants who are already accepting various cryptocurrencies up until now. They are small business and most of them are online. The only reason that will encourage them is the possibility of the rise of the prices.

FlightyPouch

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Do we really need to talk about selling crypto currencies with small businesses? Selling or Trading crypto currencies requires a large capital, it is not that if you have a good amount of crypto currency, doesn't mean that you can you still need a lot of investors to help you.

Also, I think it is not sell but to accept. Small Businesses don't really want to sell or maybe accept crypto currency the reason that if they will be accepting it, it might be a start.

markdario112616

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Quote from: jak3 on June 10, 2018, 04:12:49 PM

I don't think there is any problem for small businesses to accept cryptocurrency their payment methods. Bitcoin can fulfill all their requirements and 2 floor confirmations will ensure that their money will be secured from hackers. We will get a full encrypted system did not have to pay any one any fees does not have any limitations and how much they can earn.

Well, Actually there is. Does these small businesses know something or anything about cryptos? Does the country where these businesses registered or where it locates, legally accept or acknowledge Bitcoin as form of payment?

It is indeed that have some safety features in security of payment but does it fit to the needs of the consumer? Especially if majority of consumers are less knowledgeable about these currencies. It's seems to be just like a simple problems but it could cost a major effect in the acceptance of Bitcoin.

DiabolicAnt

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Ive seen some stores and services that take btc and eth. But thise people were mostly kinda young and progressive, and I don’t believe that people all over the world are ready for that.

jak3

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I don't think there is any problem for small businesses to accept cryptocurrency their payment methods. Bitcoin can fulfill all their requirements and 2 floor confirmations will ensure that their money will be secured from hackers. We will get a full encrypted system did not have to pay any one any fees does not have any limitations and how much they can earn.

tubig123

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Yes small business ready to sell for cryptocurrency in terms of quality of the materials he need liked such as complete of requirements for technology transactions and advantages for there crypto needed.

olumyd

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Quote from: Gabb on June 10, 2018, 03:24:54 PM

I believe that there are several reasons that can discourage people's interest in getting involved in the field of cryptocurrencies. The most important of these is their ignorance about how advantageous it can be for them to accept cryptocurrencies in their business. But there are also a couple of factors of great relevance when accepting cryptos:

a) the crypto regulatory framework is not yet clear enough to encourage the use of cryptocurrencies without risk of fiscal sanctions.

b) the extreme volatility of cryptocurrencies could lead to the loss of significant amounts of capital from one day to the next.

Even though things are a bit murky in the market right now, news show favourable inclinations towards mainstream adoption but will take time. Your highlighted points are of importance, however, with a disruptive technology like this, we can't expect an overnight revolution of day-to-day merchant activities or hope for a sudden regulatory oversight. It will take time before things will shape up.

Gabb

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I believe that there are several reasons that can discourage people's interest in getting involved in the field of cryptocurrencies. The most important of these is their ignorance about how advantageous it can be for them to accept cryptocurrencies in their business. But there are also a couple of factors of great relevance when accepting cryptos:

a) the crypto regulatory framework is not yet clear enough to encourage the use of cryptocurrencies without risk of fiscal sanctions.

b) the extreme volatility of cryptocurrencies could lead to the loss of significant amounts of capital from one day to the next.

Duzter

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Leading Crypto Sports Betting & Casino Platform

Little by little more offline stores too begun accepting bitcoin. Months back our government was neutral to the cryptocurrency usage and recently it came up with regulations looking upon the steep price increase. Till those days it is possible to see banners indicating bitcoin accepted. Hope to similar banners in the falling days when my government understand the real need for bitcoin in a country.

fonenumba

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as an owner of small business I would tell that I am not ready because there is no opportunities to trade for goods

Shadon24

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It is very difficult for small businesses to access bank loans because of their small size, so it is difficult for them to get loans for business operations, as if they were selling their own coin. Helping them have more capital to reproduce their business

BulbaLord

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Quote from: Ilia5225 on May 04, 2018, 03:33:45 AM

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?

Wel for mel its not bad to sell if you can earn it triple double. then try to build again. Thats is what you call bussiness plan. Or may be invest something new. Investing any ICO to earn more profit.

vazarii

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If you are talking about offline business, they are not ready. Bitcoin payments has to be instant for this as no one will wait for confirmations.

pallang

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It depends on the owner if they are investors or holding of some bitcoins they can manage to accept bitcoins as payments because they already know the strategy and steps on what to do to the bitcoins they accept as payments for the goods they sell.

eroejoe

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Why not? I think that would be great promotion for small businesses, especially if they sell their products on internet. Also, they can accept fiat currencies beside cryptocurrencies.

sclmte

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Isn't relatively good for small businesses for crypto acceptance, may they just wait for known and big companies will full adopt these new form of currency payment. We knows, crypto development will continue and make people realize it.

GreatBug

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It's not a bad idea to sell your own small business to invest on cryptocurrency, but at first you must now, that crypto yourself with a big risky and it doesn't always give profits.

boki77

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I`m be rich with ETrader_Bot for Satoshi Nakamoto: https://www.bitcointalk.org/ETrader-Bot-Best-Software-For-Trading/ . You can be rich to.

huige007

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Quote from: nguli on June 06, 2018, 12:19:31 AM

if you sell it now it seems bitcoin price is still too cheap, you better wait until the price becomes very expensive and it is getting harder to get bitcoin.

You are expected to act rationally in the market and make rational market decisions. Selling your business only for crypto does not look a very wise idea. Besides, it will render you less secure in the crypto market. Those who keep side businesses and trade in crypto are way more secure when the market crashes. Better earn some money and invest that money in crypto rather than selling your business for crypto.

adzino

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You mean ready to accept crypto currency? Since its a small business, then yes they actually should be. You will see lots of small online shops accepting bitcoin. They get the coins and can instantly convert it to fiat within seconds due to low volume of transactions taking place in the shop. But problem with bigger business is that they cannot instant convert it to fiat and the price instability becomes a huge issue for them.

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