Overall the idea is not bad, still I see a few problems you should think about:
1. Risk - who will support the risk if between ordering and payment BTC price jumps or falls a lot?
2. Trust - you will have to find ways to make people trust you and your business. Usually that's not for free.
3. Price - people will use your service if they have a benefit. You'll have to offer good prices, else people will use other ways (for example BTC debit cards). If you have access to coupons you can use, then you have a business. Else you may just end up losing time and money.
Good luck!
Topic: Would this be a good idea? - page 7. (Read 14816 times)
I think that this would be a good idea. I think a lot of people would pay you Bitcoin for games and stuff.
Its a pretty good idea but I do not know how many people will use it in the future.
It will take some time to work out this idea, but it can work for sure no doubts about that.
Of course so many people will use it in future. Because this is really amazing Idea. Accepting bitcoin and fiat is very good combination. But one suggestion. Do it for both situation. You are only sell with bitcoin and buy with fiat. It will take some time to work out this idea, but it can work for sure no doubts about that.
I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
Idea is not new and not so uncommon. We have seen many people trying to be retailers for people offering bitcoin as payment.Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
The problem however is that more and more services are capitalizing on this concept as well.
For PC games we have G2A directly accepting bitcoin with great deals and stability. There are some minor services like https://steambitshop.com/ offering the same.
For Amazon purchases we have Purse.io where you can save 15% on each deal etc.
For this idea to work you have to find another niche and products which are hardly available for bitcoin users.
Yeah like most of the things you need to find a niche and specialize in it.
Own the niche and you will make a big profit. Remember though eventually you will find another niche because other players will also step in.
I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
Idea is not new and not so uncommon. We have seen many people trying to be retailers for people offering bitcoin as payment.Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
The problem however is that more and more services are capitalizing on this concept as well.
For PC games we have G2A directly accepting bitcoin with great deals and stability. There are some minor services like https://steambitshop.com/ offering the same.
For Amazon purchases we have Purse.io where you can save 15% on each deal etc.
For this idea to work you have to find another niche and products which are hardly available for bitcoin users.
I think it would be a great idea if the service will be automated and will include lots and lots of marketplaces which only accept fiat.
And you should concentrate on countries which don't have paypal
And you should concentrate on countries which don't have paypal
It could be a good idea but you have to work it out due to the people that you want to attract with it, you should look up your real target.
Overall its a good idea because some people do not want to convert their bitcoins at all I think you also have to gain trust at people because otherwise they will do this.
Overall its a good idea because some people do not want to convert their bitcoins at all I think you also have to gain trust at people because otherwise they will do this.
Its a good idea, but you will have to look out for people that want to scam you because that is also possible.
Another thing to keep in mind is if people will do this because people need to trust you fully because otherwise they will never do this.
At the end its a good idea you just need to work your idea out and need to build up contact and let people fully trust you so you will happy customers and can create a whole empire with customers.
Another thing to keep in mind is if people will do this because people need to trust you fully because otherwise they will never do this.
At the end its a good idea you just need to work your idea out and need to build up contact and let people fully trust you so you will happy customers and can create a whole empire with customers.
Its a pretty good idea but I do not know how many people will use it in the future.
It will take some time to work out this idea, but it can work for sure no doubts about that.
It will take some time to work out this idea, but it can work for sure no doubts about that.
It can be a good idea, but the problem is that most people can easier pay with real money than with bitcoin, so I think for the most people this idea is useless.
Because how do you got your whole bitcoin most people payed for it.
Because how do you got your whole bitcoin most people payed for it.
Nah. People who aware of bitcoin and who has wallet they will not go with fiat to pay for anything. Because we know How bitcoin is easier than fiat in many ways. People who doesn't know about bitcoin, They don't have any option to pay due to that only fiat currency is working with common people.
Not sure if I get exactly what's your idea but if you will be accepting fiat money from CCs, Paypal and even cash, you should be very careful about scammers.
If it is the other way around, then I think it's much easier and definitely a good idea, just make them pay upfront as you said and it should be no problem. The only issue I see is that I'm not sure how many people will use your service. If they already have Bitcoin, they surely got it by purchasing it via CCs, bank accounts, etc.
If it is the other way around, then I think it's much easier and definitely a good idea, just make them pay upfront as you said and it should be no problem. The only issue I see is that I'm not sure how many people will use your service. If they already have Bitcoin, they surely got it by purchasing it via CCs, bank accounts, etc.
No no, I accept fiat and sell in BTC. For example if you wanted a game from g2a.com you could give me the BTC and I buy with fiat and we do a transaction like that.
Not but at all the buyer will not care how you purchase the stuff as long as the products or the stuffs he ask to buy is really what stated on your store if you have one or description ,you need a site for that and if you are going to do it here you need a good reputation or trust grade
I added a poll, after a few months I will come back and check the results.
It can be a good idea, but the problem is that most people can easier pay with real money than with bitcoin, so I think for the most people this idea is useless.
Because how do you got your whole bitcoin most people payed for it.
Because how do you got your whole bitcoin most people payed for it.
I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
i dont think this good idea,not all people want to use escrow,they have better use cash without escrow,but if you do transaction with trusted and maybe your friends,i dint think its matter,Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
Some escrow services are free and do not charge fees on this forum.
Escrow list can found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
Maybe I should have created a poll :/ XD
I have funds outside of Bitcoin, do you think a service where I buy for things that only accept real cash i.e https://g2a.com, amazon.com or anything else. And I receive Bitcoin?
Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
i dont think this good idea,not all people want to use escrow,they have better use cash without escrow,but if you do transaction with trusted and maybe your friends,i dint think its matter, Obviously escrow can be used, or people can pay upfront, whatever the case is.
Bottom line, is this a good idea?
I think it's a great idea. It would just have to be set up carefully so that people can trust that you will actually buy what they want when they send you BTC. I'm assuming you would charge a fee or something to make a profit? I like the idea from the consumers point of view, but it sounds like it would be a headache to run (from you point of view).
I would make it non-profit. If I see it becoming a 'heavy' job then I might hire some helpers
But that would result in charging fees :/ Ejarwan (on this forum) is doing the same thing with Steam. You'll have to give discounts like him, because people will simply use their PayPal account. You need an incentive for people to use bitcoin, and a discount does just that.
Then what's the point? I am doing this because for someone like me, I don't earn fiat money yet. I am still studying.
So I have Bitcoins to spend.
But I do have fiat which is why I would like to do this.
Ejarwan (on this forum) is doing the same thing with Steam. You'll have to give discounts like him, because people will simply use their PayPal account. You need an incentive for people to use bitcoin, and a discount does just that.
It can be risky becouse of scammers, but yeah, it may work, i don't really see a reason why it shouldn't
I think its a good idea but its what people are already say a bit risky because there are a lot of scammers nowadays. If you can work out your idea it will be pretty nice and also nice to have.
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