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Topic
Board Marketplace
Re: Bitcoin Only Exclusive Items
by
beerlover
on 23/10/2017, 18:06:27 UTC
Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat?

Could this represent a good business model for a small store with an online only presence?

There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc.

Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business?

 Huh
There are presently so many of them and more are springing up by the day. I have no idea how the market is fairing for them, but I am sure if it is not doing good, most of them would have closed up and reconsider by now. It is a good thing having full crypto only store for ecommerce and it is really going to be pretty awesome seeing people have the chance to make use of their coin to purchase things like in the real world/ecommerce world raided with fiats.

However, if considering alts, it is necessary to consider how fair enough they have been in the market, but having so many of them at once, I feel will be too much. Probably, it is best if just concentrating on only 5 with good support.