Is small business ready to sell for cryptocurrency? - page 4.

crisanto01

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Quote from: kotik085 on December 25, 2019, 11:33:19 AM

In my country, there is a small cryptocurrency business where you can buy the cost of hashing bitcoin for rent. In mining hotels that offer their own power for mining Bitcoin. They can be attributed to small businesses, services that provide Bitcoin mining.

Good thing in your country at least they have the ability to market crypo even in a little way, at least they can be able to do it. Let's remember that every little thing is very important in crypto world, as what we all need most right now is to make people all aware what crypto is and as much as possible a full adoption of it.

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Quote from: binhvo1505 on November 22, 2019, 08:29:27 AM

Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

If I had a store, I would have applied for payments in cryptocurrency. Because the cost of buying crypto in decentralized exchanges is very expensive and it can cost you more than 3% to buy it and it takes a lot of time.
But for this to happen broadly is difficult because many services are still not accepting crypto now and holding it is also a disadvantage. Instead of holding it, we can hold fiat money and deposit it and still earn interest every year. That's why many businesses have yet to push for holding cryptocurrencies.

In my country, there is a small cryptocurrency business where you can buy the cost of hashing bitcoin for rent. In mining hotels that offer their own power for mining Bitcoin. They can be attributed to small businesses, services that provide Bitcoin mining.

sayaya17

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Business in crypto currency such as investment and trading is an option for those who want to get a lot of profit from crypto currency, because indeed from investing and trading crypto many people have benefited, but this is for those who have long been involved in the crypto world and are experts. Investment or trading is a motivation for many people to start a business in crypto.

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Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

If I had a store, I would have applied for payments in cryptocurrency. Because the cost of buying crypto in decentralized exchanges is very expensive and it can cost you more than 3% to buy it and it takes a lot of time.
But for this to happen broadly is difficult because many services are still not accepting crypto now and holding it is also a disadvantage. Instead of holding it, we can hold fiat money and deposit it and still earn interest every year. That's why many businesses have yet to push for holding cryptocurrencies.

Karmakid

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Quote from: Angi on November 21, 2019, 11:56:35 PM

I have my motivation to sell good and services but I still thinking where I can put it. on internet or in my town? because there are still a lot of people don't recognize crypto as a payment method in my place its too risky to run a business that crypto paying only so I decide that will spread the crypto first before I run a business so that everyone has their motivation too to accept and use crypto and also anywhere in our town and in internet. so small business will have a opportunity to expand with the help of crypto.

The internet is your friend. You should put up your business both in your town and also in the internet because the internet will give you a lot of exposure if you will use the tools in the internet in the right way. Do not rush yourself to introduce cryptocurrency as a mode of payment as new customers will prefer to pay in either card or cold cash.

Angi

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Quote from: Ilia5225 on May 04, 2018, 04:33:45 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 have my motivation to sell good and services but I still thinking where I can put it. on internet or in my town? because there are still a lot of people don't recognize crypto as a payment method in my place its too risky to run a business that crypto paying only so I decide that will spread the crypto first before I run a business so that everyone has their motivation too to accept and use crypto and also anywhere in our town and in internet. so small business will have a opportunity to expand with the help of crypto.

cutesgirl

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Why have worry if your small business to start investing or adopting sell using bitcoin and cryptocurrency, I think many bigger business come from with small business they start little step how to build become bigger business, never worry if you want to start small business with bitcoin and altcoin because you have open two option ways to get profit with your small business and investing on bitcoin and altcoin.

sapnu

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Quote from: Magkirap on November 17, 2019, 09:53:02 AM

Quote from: FlamingFingers on October 17, 2019, 04:21:22 PM

The volatility of cryptocurrency might be one of the reasons to discourage small business from accepting any crypto payments in exchange to their goods, perhaps if usdt is being considered they might, because a small business might not be able to bear so much loss during bear season

Volatility can really stop people from accepting cryptocurrency as a way of payment but the main thing that can really stop people is the legality of the cryptocurrency in their country, if its not very well accepted then they won't think about having crypto in their payments. Well yes they can consider usdt because it's price is stable but you can't take the fact that if their country accepts crypto they will be surely interested in bitcoin, if you really want to create a business that accepts crypto you will surely be prepared about the market, you will know what to do when the market goes to a bear trend and bull trend and what actions you must do when you suffer in the bear trend.

I do believe that can happen but because people are afraid to invest or to adopt cryptocurrency maybe they are thinking that it is a scam, I can say that it is impossible to happen, but if we prove that cryptocurrency is not that kind of scam, there are just some people who are taking advantage of others because of their greed, I can easily say that every business can adopt if we prove or show them how to use it, for example in payment method, there are several things you should consider before sending money right? So if we teach them how to use it maybe it can happen.

Magkirap

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Quote from: FlamingFingers on October 17, 2019, 04:21:22 PM

The volatility of cryptocurrency might be one of the reasons to discourage small business from accepting any crypto payments in exchange to their goods, perhaps if usdt is being considered they might, because a small business might not be able to bear so much loss during bear season

Volatility can really stop people from accepting cryptocurrency as a way of payment but the main thing that can really stop people is the legality of the cryptocurrency in their country, if its not very well accepted then they won't think about having crypto in their payments. Well yes they can consider usdt because it's price is stable but you can't take the fact that if their country accepts crypto they will be surely interested in bitcoin, if you really want to create a business that accepts crypto you will surely be prepared about the market, you will know what to do when the market goes to a bear trend and bull trend and what actions you must do when you suffer in the bear trend.

veleten

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a very important question in the grand scheme of things
this is what adoption , basically , is - when you can use cryptocurrencies in your day to day life
you wake up , go to your local groceries and buy food and pay in crypto , or you go to a pub after work to have a pint
or you can order a shirt you like in an online shop , all of it would do way more than the newspaper articles saying how good bitcoin is

at the moment small business is definitely not ready to sell for cryptocurrency , heck , even big businesses ( and they should be paving the way , IMHO)
that accept bitcoins are very few and far in between , no household brands are doing it , many have revoked their support , like Steam , for example
as funny as it sounds , Facebook's stillborn Libra could have facilitated the usage of cryptocurrencies , while trying to substitute them with itself
but we all see how vigilant the bankers are to not to allow anyone to try and bite a piece off their pie
it will be very difficult for crypto to enter the retail , but I can see it happen
just not in this decade

meliodas

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I don't think that the small businesses are ready for doing business and accepting cryptocurrency as a mode of payment. They are called small business since they don't have too much traffic in their business and they have a small cash flow in their business so accepting cryptocurrency is not a good idea because they will lose some money if they will do it because they need to pay fees when they wanted to move their cryptocurrency to cash.

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Quote from: Colt81 on November 16, 2019, 10:46:14 AM

Indeed. Instead of selling goods or services in crypto, you could actually make a store or a business that could accept bitcoin or other cryptocurrencies as a currency because everyone near your store or busines could instantly adopt and used bitcoin. More people would be really interested to learn about bitcoin and i also think there is a chance that other stores near you might copy you.

Yes and I am proud that here in our country that we could do such thing, that we are open for this and there's a lot of merchants out there where in you can cash in and cash out with less fee as an alternative when the bank is closed so that you can cash out anytime your fund or profit. We are also open to do buying and selling to a person, that you just need for meet up.

Colt81

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Quote from: randegibran on November 16, 2019, 04:06:07 AM

Quote from: GideonGono on November 16, 2019, 01:49:32 AM

Quote from: Aying on November 15, 2019, 05:22:03 AM

Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

For me if I have an capital to make an business and sell for crypto users my inspirations is if people is starting to know crypto. because a lot will have improvement and cryptocurrency are the one that follow this technology improving. with this a lot of people will have an interest to use crypto. with fast and safe transactions everyone will don't hesitate to use it anywhere.

There are a lot of wallet that you can buy crypto and the only need if you want to have business is to create wallet that you can introduce to someone else or being popular.

Not good ideas to adopt bitcoin, we can start business with crypto by opening store and accepted bitcoin as legal currency payment. Many people looking new payment currency and they will learn with bitcoin as payment way, step by step they understand with bitcoin as transaction payment and make bitcoin become popular in your envirement.

Indeed. Instead of selling goods or services in crypto, you could actually make a store or a business that could accept bitcoin or other cryptocurrencies as a currency because everyone near your store or busines could instantly adopt and used bitcoin. More people would be really interested to learn about bitcoin and i also think there is a chance that other stores near you might copy you.

randegibran

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Quote from: GideonGono on November 16, 2019, 01:49:32 AM

Quote from: Aying on November 15, 2019, 05:22:03 AM

Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

For me if I have an capital to make an business and sell for crypto users my inspirations is if people is starting to know crypto. because a lot will have improvement and cryptocurrency are the one that follow this technology improving. with this a lot of people will have an interest to use crypto. with fast and safe transactions everyone will don't hesitate to use it anywhere.

There are a lot of wallet that you can buy crypto and the only need if you want to have business is to create wallet that you can introduce to someone else or being popular.

Not good ideas to adopt bitcoin, we can start business with crypto by opening store and accepted bitcoin as legal currency payment. Many people looking new payment currency and they will learn with bitcoin as payment way, step by step they understand with bitcoin as transaction payment and make bitcoin become popular in your envirement.

GideonGono

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Quote from: Aying on November 15, 2019, 05:22:03 AM

Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

For me if I have an capital to make an business and sell for crypto users my inspirations is if people is starting to know crypto. because a lot will have improvement and cryptocurrency are the one that follow this technology improving. with this a lot of people will have an interest to use crypto. with fast and safe transactions everyone will don't hesitate to use it anywhere.

There are a lot of wallet that you can buy crypto and the only need if you want to have business is to create wallet that you can introduce to someone else or being popular.

Aying

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Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

For me if I have an capital to make an business and sell for crypto users my inspirations is if people is starting to know crypto. because a lot will have improvement and cryptocurrency are the one that follow this technology improving. with this a lot of people will have an interest to use crypto. with fast and safe transactions everyone will don't hesitate to use it anywhere.

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Quote from: rmhuntley on November 14, 2019, 07:15:41 PM

In fact already many people sell goods and services with cryptocurrencies such as the platform Bazista created a platform for Exchange B2C and C2C which uses new technologies for the settlement of accounts between users. Their services allow users to easily exchange the goods and services necessary for the cryptocurrency by interacting with other platform users.

Source

Indeed, many people are already starting selling their goods in terms of cryptocurrency, but do the small businesses really can start with distributing and selling goods through cryptocurrency? Are they ready with this? For me yes they are ready, it is just they have enough funds and enough knowledge about cryptocurrency they can start even a small business, remember that all big business right now are starting from small business so there is no impossible that the small business can do that also. Exchangers can help those people who want to start a business to provide faster and easier transaction for cryptocurrency in order to buy and sell their goods. So it doesn't matter how big or small a business is as long as they know how to use exchangers to provide more suitable transactions on the business that they are planning for.

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In fact already many people sell goods and services with cryptocurrencies such as the platform Bazista created a platform for Exchange B2C and C2C which uses new technologies for the settlement of accounts between users. Their services allow users to easily exchange the goods and services necessary for the cryptocurrency by interacting with other platform users.

Source

panganib999

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Quote from: Ilia5225 on May 04, 2018, 04:33:45 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?

Businesses, e-commerce, and major tech companies are already launching and some are already in it, accepting bitcoin and other alternative cryptocurrencies as their payment option. prefers to use digital currency as payment for goods and services and capitalizing for the growing market demographics of the latter and it was said by the latest statistics of University of cambridge that small businessesnare the fastest adopters of cryptocurrency payment methods. What have convinced them using digital currency is the notorious volatility of coins such as ETH and BTC that increases up to 20% per day and the decentralized nature of cryptocurrency will offer a spectrum of advantages that would benefit small businesses.

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Quote from: hahay on November 13, 2019, 11:49:11 PM

The main thing and reason in this case is about the legality of crypto in the country itself, if the country has legalized crypto as a tool for payments and other transactions, then I'm sure there will be many who adopt crypto as a legal payment tool, because with continued growth crypto thus accepting crypto for a business and other ventures is very likely that crypto is a major focus for developers.

There is no need to wait until your country legalizes cryptocurrency it only prevents you from trying to use that currency. After all, we use crypto for a business, not for criminal purposes.

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