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Topic: Is small business ready to sell for cryptocurrency? - page 34. (Read 4986 times)

member
Activity: 626
Merit: 10
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?
There's some store that accept bitcoin as a payment and some country to are selling goods and accept bitcoin as a payment so I think crypto ready for that. And I think we need to consider some things what will be happen because crypto is volatile sometimes.
member
Activity: 322
Merit: 10
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?

there is no way for a small company or business that is related to cryptocurrency can be handled so easily with a small business, binance and kucoin are big business which can handle a massive amount of investors so i say that small business cannot really handle the growth of cryptocurrency.
newbie
Activity: 84
Merit: 0
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 the world of cryptocurrency we can use anything for a means of payment. I think cryptocurrency is not just about paying but as a lucrative investment tool. Therefore crytocurrency suitable for business because the price can rise
sr. member
Activity: 504
Merit: 250
it can be an alternative theme for the ICO project, and it makes sense to buy and sell items that are redeemed in the form of crypto.
hero member
Activity: 798
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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?

I think its need more time for cryptocurrency adoption. Its happen because many country still prohibited cryptocurrency for payment. Its need more regulation if we want to accepting cryptocurrency as payment
Small businesses are always afraid of losing their money. Sometimes people think if they invest in a thing which isn’t legal and they can be caught and get raid, so they prefer to move away. This is really natural because they had established their low level business with much hardness and problems, so they definitely don’t want to indulge in a thing that is such high at risk.
sr. member
Activity: 734
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 idea which can motivate people to start their businesses with crypto (especially those who are new or with a small businesses) to show them the community of cryptocurrencies. We have to show them that how when a new businesses come to adopt a cryptocurrency then the whole of the community start to share it with their other fellows and in that way the business get some big amount of free advertisement and customers.
sr. member
Activity: 448
Merit: 250
I surmise that is the decency of having fiat or our issued cash by the legislature. Individuals should quit contrasting and contending bitcoin and paper cash in light of the fact that every ha its own part to be made. To the point itself yes, it is extremely difficult to settle cost when you are basing your installment into bitcoin, in light of the fact that it changes its value now and then, so the inclination that may happen is that with respect to now those administrations and products possibly shabby and later on it may go less expensive or costly when you based it into bitcoin. With the goal that's the reason it is likewise beneficial to utilize fiats.
full member
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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?
As Bitcoin become more popular merchants were already accepting it most especially in countries that Bitcoin was legally used.They prefer to use Bitcoin as a mode of payment because they want to start to become a cashless society that enables us to send payments in an instant way.Although we can't deny the fact that bitcoin seems a risky currency due to it's votality,on how to deal with the sudden change of prices or value,acceptance really matter to those stores that accepts it..thinking that they already made any countermeasures before they experience the problem and the risk involved over it.
full member
Activity: 448
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Lets Go Adab
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 do not think so, cryptocurrency business required to have a huge amount of capital in order to be successful because the market is volatile and you might lose your business if you cannot keep up immediately.
jr. member
Activity: 196
Merit: 3
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?

Well, small business I think are not yet prepared for cryptocurrency adoption and integration in term as a method of payment. There are still many things to consider before that happens. Especially so, the price of cryptos is volatile and the transaction fee is quite high.
hero member
Activity: 1344
Merit: 502
Not much yet because it simply isn't convenient enough however, there are some projects leading this area which are getting some support from the retail industry and a lot of hype to go along with it like Pundi X which demonstrates there is growing potential for cryptocurrency POS solutions
newbie
Activity: 56
Merit: 0
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 good idea. I agree.There is nothing wrong for small business to receive bitcoin for the sale of goods but it should not be the exclusive currency of trade. lets see.
newbie
Activity: 48
Merit: 0
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?

no,small business is not ready to sell for cryptocurrency, even big business is not. We still do not have proper way to cash out our crypto if we want to, small business do need that problem,and crypto rate is too risky for them,if they do net get fiat money instantly,instead of crypto
member
Activity: 144
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Earn with impressio.io
I just thought it would be difficult to fix the price of the goods to be sold or the services offered because the price of crypto sellau changed. eg today btc price $ 7000, whereas tomorrow may change, down to $ 6000 or rise to $ 8000. it will be difficult to ensure the right price.
It is really difficult but there is always an easy way out. Normally, even if you are fixing price, you are not going to be fixing the price in bitcoin, but probably in USD or in your currency with the mode of payment in bitcoin enabled, which anyone who wants to use this mode of payment will get the equivalent at that particular period in time, and a time interval to make the payment, otherwise, it would be reviewed. The thing here is you just have to find a way to play it safe due to the volatility in the market and most especially when rendering online business as the volatility can just send you packing out of business.

I think that is the goodness of having fiat or our issued currency by the government. People should stop comparing and competing bitcoin with paper money because each has its own role to be made. To the topic itself yes, it is really hard to fix price when you are basing your payment into bitcoin, because it changes its price every once in a while, so the tendency that might happen is that as for now those services and goods maybe cheap and later on it might go cheaper or expensive when you based it into bitcoin. So that's why it is also healthy to use fiats.
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
Actually that is the goal. For us to use crypto currencies as well currency to exchange for goods and services. But the problem we face is, governments not actually supporting crypto currencies mainly because they're still devising a way to tax it. Next is the price. Crypto currencies' price is really volatile and has extreme rise and dips so business owners are really reluctant to buy more.
jr. member
Activity: 98
Merit: 1
The Crypto Guy
Apart from Price volatility there's no reason why they won't sell for Cryptocurrencies. Until, we figure out how to control extreme volatility, it will remain on our wishlist.

If all the exchanges were to disable the BTC-Altcoins pairs and only enable USD-Altcoin or USDT-Altcoins, then I guess we have a shot.
jr. member
Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
the most basic reason that must be owned to be motivated is that crypto has a future at great prices. Crypto is increasingly supported by a very advanced technology. Surely this would make crypto growing and have selling points higher.
But most small businesses do not have enough manpower and knowledge to manage their service and merchandise payments in virtual currency. So the risk in management is very high. In my opinion they should still apply cash for their activities would be better.
legendary
Activity: 1176
Merit: 1024
I just thought it would be difficult to fix the price of the goods to be sold or the services offered because the price of crypto sellau changed. eg today btc price $ 7000, whereas tomorrow may change, down to $ 6000 or rise to $ 8000. it will be difficult to ensure the right price.
It is really difficult but there is always an easy way out. Normally, even if you are fixing price, you are not going to be fixing the price in bitcoin, but probably in USD or in your currency with the mode of payment in bitcoin enabled, which anyone who wants to use this mode of payment will get the equivalent at that particular period in time, and a time interval to make the payment, otherwise, it would be reviewed. The thing here is you just have to find a way to play it safe due to the volatility in the market and most especially when rendering online business as the volatility can just send you packing out of business.
member
Activity: 312
Merit: 11
This idea is great. Nowadays so many online market or shop are ready to join with bitcoin. And there is also so many online shop site is here which is related to bitcoin. They give their customer payment service by bitcoin and other cryptocurrencies.
legendary
Activity: 3052
Merit: 1188
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 this moment maybe its hard for small businesses to stabilize in this market since the support is very rate to mention,as we know that theres not enough market for them,not like to those big businesses that can support their operation because they can easily advertise and gain followers and customers in just a time.
There is actually enough market for everybody but taking the step is what is limiting most people. These days, advertising is not really that hard to do anyway with the whole social media form of advertisement which you can easily get to your target market, but the problem is a lot of people are still not trying to grow into the idea of doing it, while some are doing it effectively, I believe it would take some time to start seeing more people especially small businesses following put, but I do not see how they cannot.
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