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Topic: Is small business ready to sell for cryptocurrency? - page 37. (Read 4986 times)

jr. member
Activity: 170
Merit: 1
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.
jr. member
Activity: 170
Merit: 1
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.
For me,it doesn't matter because it's all up to you on how to handle your business to be more profitable especially when you have a strategy on how to catch the attention of the customers to buy your goods and services.In fact,some people are just started at small business but they earned big because of the motivations of being a successful business carrier.
sr. member
Activity: 630
Merit: 250
The electronic money market is very popular everywhere. Some corporations have accepted bitcoin payments because of its convenience and speed. In particular, it is profitable, so many businesses start pursuing this currency. This is a new step for this currency.
full member
Activity: 1498
Merit: 146
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?
Actually most of the people don't want to spend their cryotocurrency because they consider it as an asset and use them for the speculative nature but in future the condition will change so people need to start encourage cryotocurrency payments to make sure that cryotocurrency have a good future.
I will spend my crypto if I ha e opportunity to spend my bitcoin to buy something.
legendary
Activity: 1932
Merit: 1273
I believe there are already a lot of APIs for e-commerce to accept Bitcoin as a payments system. The adoption and a way to convert it directly to fiat are available. I'm sure the problem is many people lack of awareness and understanding about cryptocurrencies could be the reason why the adoption is slow.
newbie
Activity: 84
Merit: 0
building small people by the use of crypto it takes just only 40%. As all we know, some crypto are banned in otger countries, so there are many consequences when you start building crypto business
 And also, bitcoin is unstable what if it is in low price, what would be your business' future? Nobody knows about future. So for me, i might say, it is better to use physical momey for a business.
hero member
Activity: 1274
Merit: 516
It depends on the business they build, if the store doesn't need a fast confirmation like online shop then it's okay, we already can find a lot of people opening shop and accepting bitcoin, but I think accepting bitcoin for small business is a bit too risky, the bitcoin price swing is kind of often and huge, it makes them can't predict the profit, and for now there are nothing can solved this problem
sr. member
Activity: 1150
Merit: 260
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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 that only the small time merchants who are generally accepting of modern technological innovation are the ones who will integrate crypto into their systems first, usually as a payment medium, before using it for anything else. It is still a platform that is within its infancy, most are accepting to tech when it benefits the greater good, but if it's not government backed, many will not see a use for its especially if it's not an insured method payment.
hero member
Activity: 1190
Merit: 511
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 are less people who are willing to sell their goods and service for crypto currencies. I mean most of the people here are to earn money or either they are here to trade and invest their real life assets. Many people do ask about the online stores who use crypto as payment system but to be honest such number is really less. Unless and until people dont think out of the box they wont be making any progress in here.
So to answer your question, unfortunately we have rare number of people willing have that kind of system and lot of people to gain profits thats all.
Although, we are  all aiming to have a good profit here and that we are willing to take risk but still I don't think that there are some people who will do it, very few to sacrifice their small business for it.
sr. member
Activity: 714
Merit: 261
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 are less people who are willing to sell their goods and service for crypto currencies. I mean most of the people here are to earn money or either they are here to trade and invest their real life assets. Many people do ask about the online stores who use crypto as payment system but to be honest such number is really less. Unless and until people dont think out of the box they wont be making any progress in here.
So to answer your question, unfortunately we have rare number of people willing have that kind of system and lot of people to gain profits thats all.
legendary
Activity: 2044
Merit: 1115
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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?

On the one hand, small businesses might be more likely to experiment with crypto in an effort to differentiate themselves or bring in more customers by appealing to a niche market. It certainly gets them a lot of attention in this circle when they put up signs saying "Bitcoin Accepted Here" because people widely share photos of that on places like Reddit. On the other hand, small businesses are likely to have less leeway when it comes to financial resources and would not be able to weather large fluctuations in the price like a larger company could that is experimenting with accepting crypto. If the businesses is instantly accepting and converting crypto to USD, then it's much less of a problem, and likely this is the only way they can manage it.
member
Activity: 280
Merit: 28
I think small companies are not so quick to encrypt. Small businesses are very sensitive to price fluctuations, and they are often difficult to withstand the encryption of instability. Some big companies should start using encryption first.

Like any fundamental innovation, crypto-currencies both expand the list of opportunities, and represent a risk, the scale of which can be fatal for small businesses. However, it seems to me that synergy is unavoidable, since crypto-currencies have a number of advantages for small businesses, such as low commissions, speed of payments, lack of intermediaries, security.
sr. member
Activity: 629
Merit: 252
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 that everyone who had ever got touch with crypto know how much possibilities there are on crypto market and starting a buisness here with next great plan could be perfect shot for perfect future.
member
Activity: 515
Merit: 12
We have a national website similar with e-bay and i saw people selling their house or car for bitcoin so i believe that there are people ready to sell their business for crypto money.
legendary
Activity: 3150
Merit: 1125
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What do you think, how many people are ready to sell their goods or services on crypto?

many people, you may have already seen that there are many people who can buy things with bitcoin

What kind of reasons can motivate people to start a crypto business?

the crypto can increase in value in the next years and this alone is already a good reason... you need to create a good business plan where you know what you want to achieve. if you do not know these things then you can fail, so create a good business plan and strive that everything will work out.

PS: you should pay attention to the regulations, investigate in your country before opening any crypto-related business or accepting payments in crypto

hero member
Activity: 1666
Merit: 629
If States will not make a problem, my answer will be yes. Nowadays, many countries are unfortunately creating many obstacles for Bitcoin and other similar cryptocurrencies. In order for business owners to earn revenue through this payment method, the government must first take a step and officially accept such money. In the event of such a situation, if the small business owner offers a low commission and cryptocurrency purchase and sale service within the borders of the country where they are located, they may demand payment with these payment methods. I think they are ready for this direction, but I think we will not see this payment method for a while longer in order to avoid a problem with the state.
full member
Activity: 476
Merit: 124
I think we will be able to witness the adaption of crypto currencies amongst businesses within the next decade. We are in a digital age now and the evolution in the payment system is already here. Those who own businesses are visionaries and most of them must have thought of integrating crypto currency.
jr. member
Activity: 227
Merit: 1
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. We need more options for converting crypto into fiat so many people can join their business with crypto trading interest.
member
Activity: 353
Merit: 12
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 believe they can do it but not sure if it will success for today.
full member
Activity: 1330
Merit: 147
I think small companies are not so quick to encrypt. Small businesses are very sensitive to price fluctuations, and they are often difficult to withstand the encryption of instability. Some big companies should start using encryption first.
The main thing you should consider is your country's condition of cryptocurrency. If your country receives payment with cryptocurrency you can make business even your business is small. But to attract consumers who do not know cryptocurrency you have to package the product that you will marketed for as attractive as possible. So that everyone who sees the challenges of the products you make can be in the interest of many people, if this happens the consumer will try to buy with the payment system you want.
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