Topic: One Month of Accepting Bitcoin for Payment - page 3. (Read 1288 times)

Regarding regulation, I believe it would be against the law when the government doesn't legalize bitcoin as a means of payment and someone adopts it in their physical service or company. We know the Indonesian government does not legalize bitcoin or crypto as a means of payment, and if the regulations don't allow it then you shouldn't adopt it.

What you did is one of a great effort to support Bitcoin adoption as a payment tool. As long as you know well how to deal with the price volatility of BTC, using BTC as a payment tool will be safe enough. But don't forget that you need to know the regulation related to the use of BTC as a payment tool in your country. Anyway, where do you come from? This is necessary to know to avoid a legal problem. I also have the intention to follow your effort (accept BTC as a payment tool in our bussiness), sadly it can't be applied here because it breaks the laws.

Thanks for the suggestions; considering my cost, I will consider doing only 3% off for customers paying with Bitcoin; I think that will make them happy. Also, with that, I think I am going to edit my display and indicate 3% off for payment in Bitcoin. 

Investing in Bitcoin is really a nice thing, like you said about the liquidity; as a business person, I need it, but I do really have enough profit to leave in Bitcoin. That's why I don't consider leaving my capital in Bitcoin, but I think I would also keep that in mind. 

Already, I am working on printing some flyers and stickers to distribute within my area. 



One address for each customer is stressful for me; like I said in the post, I am just using my trust wallet to receive payment because I buy more goods frequently. What I did was just print my address as a QR code, which the customer can scan and use to make payment. But after I receive payment, I usually move my capital to Binance to be converted to USDT or trade to my local currency.

For now, I am not using any payment processor because I don't know much about it.

technical stuff myself? , yeah.


I take this idea, thanks. Facebook is really a favorite social media platform for lots of people in my area, so advertising there will, I guess, help attract more customers.

Thanks for this information. This is really the first time I am doing this, and as I learn more about it, getting to use a fast payment processor gateway is the next target.

@OP I am curious about your sales and acceptance of Bitcoin, I wanted to ask if there is a chance where you experience problems accepting Bitcoin as payment.  Like the length of confirmation when the buyer set the transaction fee too low for the transaction to be picked up and confirmed.  How do you release the item?  Do you release it after the BTC payment have enough confirmation or do you release the item right after the customer paid for it(not waiting for the confirmtion)?  How long do you usually release your item, does this bother your customer if it is taking too long for the item to be released?(if ever the confirmation took too long to be confirmed)

Gone are the days when using bitcoin as a form of payment is frowned upon because of the potential of loss due to its volatility.

The first payment I received was from a customer who saw my notice; after he inquired if he could make his payment in Bitcoin, I agreed. The second customer was referred to my shop, as he told me. That's just how it started, and before I knew it, it increased to 5 and then to 13. 

Could also get rid of the mindset of people thought that Bitcoin is just used for criminal crimes only, can also spread the positivity that makes people interested more about Bitcoin.

The first payment I received was from a customer who saw my notice; after he inquired if he could make his payment in Bitcoin, I agreed. The second customer was referred to my shop, as he told me. That's just how it started, and before I knew it, it increased to 5 and then to 13. 

How do you make your trades? And isnt all the transactions in blockchain are transparent, so a person that has ever paid you in BTC, can always spy on you BTC balance ? Seems that you did not win much in that area.

So it's better to report their use separately.

And may I ask, what is the percentage of Bitcoin payments among all payments that your business has received in that month? Because we have no idea if 13 is a lot for your business or not.

they come and ask because of your Bitcoin sign or you talk to them about it?.

This is actually a nice and welcoming development and I'm happy for you.
Your shop looks great and the fact that you accept Bitcoin is a great and bold step and I hope your country doesn't have any law against tye use of Bitcoin.

The idea of you also printing your QR code for customers to just scan when Making purchase is also best for me but hope when it's time for transactions, it will done somewhere  with the eyes of people, because it seems your shop has a open space and a person like me wouldn't want to make it obvious that I'm paying with Bitcoin.

hello Bitcoiners, I'm happy today because today marked one month since I started accepting Bitcoin payments in my company. I decided to accept Bitcoin as a means of payment because it is fast and secure, unlike the frequent delays and errors with fiat and banks. Few of my customers were really impressed with the new development when I first started last month, but since then I have had more than 13 customers paying me with Bitcoin and stable coins (USDT). I feel more safe using Bitcoin in my business because it eases the stress of holding a lot more cash, there is no more SMS notification and charge from the bank for payment, and no one has to know about my bank balance by spying on my phone. There is no monthly charge of any kind for Bitcoin transactions, unlike with the banks.