Is small business ready to sell for cryptocurrency? - page 30.

Emitdama

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Quote from: Elmughni on May 10, 2018, 07:37:31 PM

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 am not sure, I think the small business not ready to sell for crypto., starting up crypto requires huge fund to operate. given the volatility of the market, small busineses wont last long if have small funds. it could loss just in a short time. It is my opinion.

There are two ways to enter into the crypto world and for that you have to use less money in one place and huge money in another place. The place where you use less money is the trading and the place where you use huge money is the long term investment but the outcome in long term investments is very huge that make you a millionaire within few investments in the market.

Ondongeric18

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https://i.imgur.com/Wl0rfMA.jpg

Well for now it might be so hard to establish a small business and make bitcoin as payments. The reason is that it would be too costly to adapt the system. Remember small business earn only a small fraction of percentage compared to larger businesses thus it would be hard on their part to increase the amount to get a good gain.

BartS

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Quote from: thefatman82 on May 13, 2018, 03:07:43 PM

I think yes, why not. But we need more stable and regulated crypto economy operating already to perform that, otherwise no.

I think we do not really need a more stable and regulated market in order for small business to use bitcoin or any other cryptocurrency, many businesses were accepting bitcoin when it was very volatile because of the cheap fees, and businesses began to drop bitcoin when the fees got very high, what we need are cheap fees, segwit alleviated the problem somehow but if we want a permanent solution that will make bitcoin accepted all over the world then the lightning network will have to work because if it does the fees are going to be incredibly cheap and business all over the world will finally accept bitcoin permanently.

dharnamonitor

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Quote from: kwarto on May 04, 2018, 05:46:37 AM

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 think small businesses are not ready yet to start crypto... starting up crypto requires huge fund to operate. given the volatility of the market, small busineses wont last long if have small funds. it could loss just in a short time.

Along with the decline of the bitcoin market, I somehow thought the same. It would ruin their business if they're solely accept bitcoin as a mode of payment especially if they are lacking in terms of funds. It would be more feasible for a business to accept crypto's when it's currently experiencing a huge pump.

Monnt

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Quote from: jonaire99 on May 13, 2018, 03:08:52 AM

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?

The central bank here in my country has allowed some merchants to use bitcoin as a payment like the remittance business but there are still no verified reports that some small online businesses are already using the cryptocurrency as one of their form of payment. The government is still drafting some guideline or regulation for the proper use of any virtual coins by any business entities. Some problems that should be address is the rapid fluctuation of bitcoin price and the security issues of storing a bitcoin.

The crypto business is not a small business. Entry to the business needs a sharp mind and consistency in dealing and trading. Even you start with small funds, you can grow hulk provided your investment is long term. Besides, you can also invest the money you earn from your small business in the crypto business. Investing in Bitcoin is a good business and people have made huge profits as well.

chengyinoing

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I don't think small businesses are ready to start encryption. I've never seen a street vendor accept bitcoin.

If there is strong government support, the simplest way is to do it.

Mr.grin

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many things that make people motivated to build a business that receives crypto, and even I have known some people who do that. I also want to make some businesses that accept crypro, it's just that there are state regulations that do not allow it.

777Jolami

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Quote from: AntonGrishko on May 14, 2018, 09:05:54 AM

I think this depends on the user, as long as the small business owner is willing to accept bitcoin then this is doable, there is no limit to receive bitcoin and I'm sure after receiving bitcoin then business will grow.

But if you apply BTC to pay for small business, it will be difficult to hire BTC management staff, to pay for BTC transaction staff and to invest in a complete and convenient system for payment. I think it's pretty costly for a small business compared to cash payments

Samtob4

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most of the business don't have truth in crypto currency yet but i believe with time we will be using it to trade

Bit-Tech

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My friend has a business - he builds smart homes. And at the request of the owners puts mining farm in the basement. Smart home consumes a lot of electricity and mining farm pays for part of these costs. Cryptocurrencies are becoming a part of our lives.

jimmybush07702

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I concur. Regardless of whether individuals will offer their products utilizing cryptographic money, the state wont enable them to utilize this strategy for installment. We have to hold up until the cryptographic money turns out to be more mainstream.

Cryptoproff

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Most people are not ready yet, only a small number of people who are involved in cryptos are ready for their service. For physical product selling cryptocurrency is not yet ready.

biboy

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Quote from: p i e c e on May 15, 2018, 11:43:52 AM

Quote from: icecube45 on May 08, 2018, 09:25:02 AM

For now it is very difficult for small businesses ready to sell for crypto. Because now very few people do buy / sell transactions with crypto and many governments have not authorized a crypto for a legitimate payment method. I think it's a factor that makes small businesses rethink to sell for crypto. It does take time and habituation to run smoothly. Moreover, digital payments are being developed so that this will be an opportunity in the future. I do not think it's necessary to motivate people to start a crypto business because I'm sure someday they will need it and be able to adjust.

I agree. Even if people are willing to sell their goods using crypto currency, the state will not allow them to use this method of payment. We need to wait until the crypto currency becomes more popular.

Some states are allowing it just like here in our country, and we have some small businesses who are already accepting bitcoin as a way of payment so for sure it is not possible in some other countries as well who are free to do bitcoin in their nation.

p i e c e

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Quote from: icecube45 on May 08, 2018, 09:25:02 AM

For now it is very difficult for small businesses ready to sell for crypto. Because now very few people do buy / sell transactions with crypto and many governments have not authorized a crypto for a legitimate payment method. I think it's a factor that makes small businesses rethink to sell for crypto. It does take time and habituation to run smoothly. Moreover, digital payments are being developed so that this will be an opportunity in the future. I do not think it's necessary to motivate people to start a crypto business because I'm sure someday they will need it and be able to adjust.

I agree. Even if people are willing to sell their goods using crypto currency, the state will not allow them to use this method of payment. We need to wait until the crypto currency becomes more popular.

Chaki

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Small business can't sell their own crypto but they can associate with a project and they can promote this project by letting their customer to use the project token to buy their product or services base on the market price, if an ICO project is associated with a thousand small businesses then it is equal to a 2 big establishment, great strategy to use.

Kertmu

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I think business is ready to sell goods and services for crypto currency, but the price will be higher than usual. Thus, they will be safe from possible currency falls and as a result of losses.

noah tall

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Quote from: Elmughni on May 10, 2018, 07:37:31 PM

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 am not sure, I think the small business not ready to sell for crypto., starting up crypto requires huge fund to operate. given the volatility of the market, small busineses wont last long if have small funds. it could loss just in a short time. It is my opinion.

Many people will do it and it is good for the promotion of bitcoin and for the users as well. You can buy anything anywhere in the world and can pay easily from bitcoin wallet. The main purpose of bitcoin and Altcoin is this that it is used like regular currency. When all people use their crypto for their payments, it will prevail in the world and other currencies will disappear.

vidprab5

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Create Your Decentralized Life

Quote from: Don_Leonardo on May 10, 2018, 08:42:48 PM

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?

BitClave is building a decentralized monetized ecosystem. I think it's what you meant https://www.youtube.com/watch?v=ZQlQv4zi6YI The same concept

It is good and I want that in the near future everyone receive and pay in cryptocurrency so that there will be only one currency in the world. There will be no need for any exchange if bitcoin is acceptable in local and in international markets. The creation of bitcoin is for this purpose that it will take all other currencies in the future.

Magic Sarap

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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?

Obviously they want to have a big profit and to earn more. They are good at marketing. That's all i should say.

yoseph

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Quote from: talenah kotang on May 14, 2018, 10:40:45 AM

The reason is of course because want to get big profit, we know high bitcoin price. may be anything will be sold to start a crypto online business. we will make it as our future asset.

With the kind of technology being used all the tones, it’s very important that small and medium should make sure that they adapt if they have any chance of growing at all. They should be ready to accept bitcoins as a mode of payment Because most people will not patronize business who may not be accepting bitcoins.

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