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Topic: Is small business ready to sell for cryptocurrency? - page 36. (Read 4986 times)

full member
Activity: 462
Merit: 100
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.
full member
Activity: 238
Merit: 100
As of the moment, small businesses may not agree or implement using bitcoin as payment as we still have actual money and it is still being mostly used than btc. Small business would also need actual money in order to buy new merchandize.
newbie
Activity: 27
Merit: 0
small business is ready more than big business)) just a bit higher price for cryptofans and no problems! plus black book for such transactions and less taxes - brilliant!
sr. member
Activity: 980
Merit: 255
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 reason to start a business related to cryptocurrencies is the same reason all people create a business in the first place, they want profits, you can obtain profits with cryptocurrencies the problem is that right now the level of adoption is very low and that means that the customer base that you are targeting is very small compared to the customer base of fiat, but once cryptocurrencies become more adopted around the world you will see more and more businesses in different industries to begin to sell their goods and services for cryptocurrencies.
sr. member
Activity: 826
Merit: 265
Most of the stores who accept bitcoin at the moment do it for the gimmick, as there bitcoin's users community is not large enough to actually make bitcoin based business.
So at the moment the bitcoin accept stores do it for the gimmick or they are selling bitcoin related stuffs or offering bitcoin related services so they aim at bitcoin users community.


Right its harder for small business to adapt cryptocurrency,sthough it depends on what country regulations in your region since governments will sure will interfere about this..so far only  big companies can afford to use bitcoin as tools for business.

It's depend population of people who know crypto in their country. And it's depend regulation of your goverment, banned crypto or not? Build a businness need more experience, full support from you, and other people, environment and goverment. But, i hope, in the future, many e-commerce or offline store accept crypto as payment, but still fiat for main payment in their country.
Yeah right,its on how many is the target market since only few in every country really knows bitcoin or can afford buying using their cryptocoins
newbie
Activity: 25
Merit: 0
Yes and no.
Yes because I saw a lot of examples when small business been invested hardly when investors been told it's going to cooperate with cryptocurrency and blockchain. Some of the small business that tied up with crypto aren't even self-sufficient but still staying alive.
And no because it's so much scam that days so being tied up with crypto may hurt the reputation of the young company.
By the way its damn easy launching your own ICO now with help of MyWish project that allow you to manage an ICO without any programming skills. Why don't you look, it's just an info, however may be useful for you or your friends. Here is a link on their official site.
legendary
Activity: 1022
Merit: 1043
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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?
Implementing and consolidating cryptocurrencies with small-time business might sound good on paper since we all know right now that cryptocurrencies are a big thing to the people but I don't think it would go well in the real-world scenario because pretty much all that cryptocurrencies are better at right now is to become a very good type of investment for people to use in exchange for established investment methods in the market that cryptocurrency investment could equal to or even surpass in terms of profitability.
Yes i agree, and besides more people would actually prefer to use their paper money instead of using their bitcoins or crypto as means of payment. Aside from that the population of those people who has bitcoin and has knowledge about it are less compared to those who are still using fiats for day to day transactions.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
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?
Implementing and consolidating cryptocurrencies with small-time business might sound good on paper since we all know right now that cryptocurrencies are a big thing to the people but I don't think it would go well in the real-world scenario because pretty much all that cryptocurrencies are better at right now is to become a very good type of investment for people to use in exchange for established investment methods in the market that cryptocurrency investment could equal to or even surpass in terms of profitability.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Look at the sub sections of this forum, especially in the marketplace and goods/digital goods. These all qualify as small businesses. People selling small products, yes, it is a completely niche market with only small quantities produced and a small customer base, but they only accept payments in Bitcoin, and have been doing so for many years. Small businesses are ready, but only if they are ready to transition from old to new. If profit model will always be in fiat, then of course there cannot be true transition.
full member
Activity: 336
Merit: 100
It's depend population of people who know crypto in their country. And it's depend regulation of your goverment, banned crypto or not? Build a businness need more experience, full support from you, and other people, environment and goverment. But, i hope, in the future, many e-commerce or offline store accept crypto as payment, but still fiat for main payment in their country.
member
Activity: 150
Merit: 10
a small business usually consists of only a few people or even just one person with some employees, if the business is not profitable then people no one will start the business, I think doing business with cryptocurrency is very profitable, even many people become super rich by doing business cryptocurrency , if I understand algorithms and programming languages, I will do business cryptocurrency right now
member
Activity: 378
Merit: 25
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?


for one to be ready to trade with crypto, one needs huge funds to support the process, small business i think cannot support it because of less funds, that is why big companies are the ones who are ready to adapt crypto payments, because of volatility of cryptos high cost of transactions fees, lack of funds are the main hindrance for small time business to penetrate in the crypto payments methods.
sr. member
Activity: 798
Merit: 253
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.
member
Activity: 633
Merit: 14
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 bitcoin price fluctuates and the people doing business on the crypto certainly expect more profit than usual. only if less people in the research could lose by fluctuating prices. at this time already many people sell goods with payment method using crypto. transactions will be easier to do only with buyers and sellers.
legendary
Activity: 1218
Merit: 1000
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?
most people will get excited when they see the success of others, and we know right now, many have opened businesses like that. it is a very good business to try. if I have the ability in that, I might actually do it.
hero member
Activity: 1484
Merit: 516
The reason is caused by the person who wants to expand the services or goods he has then with the cryptocurrencies and he can as well the investment in a long period of time,the best reason when people use crypto is with the popularity of good value.
sr. member
Activity: 672
Merit: 250
if a small business, I think that's not enough, because we know the price of cryptocurrency is always higher, it requires a large enough capital, in order to obtain big profits as well. preferably, if you have a small business, better tekuni and tube the results of your business, to have a large enough capital, so you can invest in bitcoin. and continue to run your small business.
I would also suggest him to enlarge his business instead of selling it out and start buying crypto currencies form the revenue generated. It would be better to have something than nothing at all.  Moreover, he should go for altcoin at first and buy a little amount of a volatile altcoin too and try to trade in it.Once the basics of crypto trading are built, he should give a bitcoin trading a try at least.
hero member
Activity: 1526
Merit: 596
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?

Look, right now there is just not enough buyers with crypto. As a business, if you were to start accepting bitcoin or crypto in general as a form of payment, you would obviously want to reap some sort of reward. And if there is an increase in the amount of people using crypto, then obviously there is an incentive for businesses to start accepting bitcoin since they would have more potential customers. As adoption rates go up year by year, there will become less and less of a problem and more and more of an incentive for new businesses to start accepting BTC.

Another factor is that right now, there just isn't enough merchants that are actually educated on the subject of cryptocurrencies, and they don't know why it's actually useful. Most only see it as a fad that will go away, which we know is false.

That can't be changed by anything other than time, and more adopters. If adoption rates rise drastically in the coming years, which I think it will, then merchants will be essentially forced to accept BTC, for their own benefit.
hero member
Activity: 1666
Merit: 701
everyone can sell their products via cryptocurrency, that's a good thing, as well as to introduce cryptocurrency to the community, but in our country it's forbidden.
sr. member
Activity: 882
Merit: 282
I thinks bitcoin need to be stable before businesses can really adopt it and we all need to  work to see this is really.  Companies are going to lose money if price are not stable because many of us are treating bitcoin as stocks and commodities and that make bitcoin to be volatile.
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