Topic: Bitcoin business idea - page 10. (Read 9960 times)

Yes, bitcoin can use in that way of business, no permits required to open that kind of business. No hassle for you and to your costumers. I hope if I that is so I will make the same way too since that is the privileges in my wallet that I use too.

Pretty bothered by this statement, At same time you are helping others to build their services and businesses. Yes if we're going to make a lending services, it'll help those who want to build a business, but, how if the business is failed? do you have any tolerance regarding this matter and won't charge the ones who borrow your money anymore? I guess no, it's at the same time also means that you're solving other people's problem by adding another one.

The key to success is either creating a business with an original idea or creating a business that does something better than everybody else. Also, it's extremely important to build a reputation and be credible. I will say, I had no idea https://cointasker.com/ was going to snowball the way it did back when I started it in 2013. But the truth is, there wasn't really anything like it at the time. Sure, there were a couple sites that had bitcoin earning opportunities, but I created something original, and I did it better than just about anybody else. Coin Tasker, is still to this day the only bitcoin earning website that is a social network offering free bitcoin bonuses for things like makings friends, status updates, uploading photos, daily logins, etc. Not only that, but when it comes to bitcoin earning sites in general, I like to think we are far superior to the rest because we integrate with over 25 different networks to bring thousands and thousands more micro-tasks than any other bitcoin earning site. And on top of that, I'm an active site admin who cares about the community I've built. I don't ignore support tickets, and I make sure all of my users who follow the rules get paid for the what they do.

TLDR; create an original idea or be the best at what you do. But no matter what it is, be good at it, be dedicated, and focus on the user experience and excel at customer service. This is how you succeed in anything.

Selling stuff in bitcoin is not a business? Lending is not a business, mate this two where do you distinguish if this two are not a business?
Bitcoin/fiat exchange is not easy to handle and also it will requires huge amount of capital but this business is possible to do in bitcoin.

There are also some risks associated with lending as the borrowers might default on their payments, and sometimes collecting interest payment takes time. Might as well just hold you coins or just put it into something that has a lesser chance of being scammed.

1.Exchange do you really think that setting up and running exchange is so easy?
2.Blog , Selling stuff in bitcoin, Freelance job in bitcoin are not businesses, you can do this but you don't need some special skills for selling stuff for bitcoin, or freelance.
3.Lending and trading are not businesses ideas, at least I don't see that like that. I don't know why I put them in same sentence maybe cause both require certain skills and big money for start.

Lending is good business but for me this is not ideal for the online which is you do not have any information to those people you deal with.
I think much better to make your bitcoin wallet as remittance center, selling load to other or buy and sell if the bitcoin is popular in your area.

this may be a great choice but this is so risky.. what if they will just apply for lending and they will no longer pay you after they took your bitcoins. i think this may tend to succeed if and only if you let them have collateral before giving them the desired amount they want. with this, chance of risk is minimal.

If I have enough amount of coin in my wallet the business that I will start are.

¤ Exchange Center
¤Remittance
¤Loading Station
¤Bill Payment

Bitcoin is good business On transaction wise, bitcoin will sure hit a great future on local business because it may fasten the transaction especially on payment through some businesses. So if people will  continue to support bitcoin it would result for the increase of price of bitcoin then the business will be attracted for the bright future of bitcoin because its price always increase so they will earn more than in fiat. And for me that is the best way to start a business on bitcoin.

Ya it is true that anything can happen after hard fork to bitcoin, so investing in altcoin and even mining in altcoin is very good and profitable option right now.

i'm also doing the same, mining is very profitable now that all the altcoin raised, buying bitcoin is also a good option now thta it's very cheap, one is faster but the other offer less risk, because maybe bitcoin go down even more no one know with the hard fork that might come

Well, i dont have more bitcoins to run an exchange.Trading would be my best option.I have an idea of selling stuff for bitcoins,especially electronic goods as you there is always a curiosity in the market for electronic goods.

You may want to know that mining Bitcoin as is today doesn't promise quick ROI. As the difficulty keeps increasing, you will be having to lay off quite expensive equipment all too often to be able to remain abreast in the business. That coupled with cost of electricity, cooling system renders the venture a not for all comers. A way out is to instead channel your resources in mining some altcoins that demands far lesser resources and subsequently exchanging them for Bitcoin.

The worse case of mining anyone would contemplate is cloud mining - it is the easiest way to waste your time and money!

for me if i have enough money i will invest in bitcoin and i use this as my business since bitcoin can used in paying some bills, loading our mobile phone, transferred cash to other people (remittance center). It could be great business without processing business permit.

I think for me the best way is  to invest it in some businesses because it is very hard to start a businesses. Use it in trading, lending, buy and sell and even selling only. Bitcoin now has a hugh value so you need to know how to retain it. I prefer to you if you want to start a business you should start in small only like buying stuffs using bitcoin then selling it online or even personal so that you have earning.

Lending is the best choice. With a good bankroll and a trusted platform you can earn much money from passive income. You don't need to work, to do tasks, to do anything. You just wait and see the results, your money growing.
At same time you are helping others to build their services and businesses. The money is circulating and you are making profit.

Yup, that is true . That's why the one who understands crypto currency must initiate this operation. I've explained to my uncle that Bitcoin is not that popular these days so we have to be the pioneer of it. We want it or not these crypto currencies has great potential in the future. Slowly companies nowadays, online stores, convenience stores are accepting it as a payment. If we will just wait for them to accept it as a payment, we won't move forward, we should take a leap or else we will fall behind or we won't grasp the dream that we want on bitcoin; to be a legit medium(or I say virtual) of exchange.
"If not us then who?, If not now then when?

From all of that choices. I still prefer trading because that is where i'm comfortable doing. Trading is the main source of my bitcoins whenever i just got started in this kind industry and i think that i'm a good average trader because i manage my trades well and i can also minimize my risks and that is why i still prefer trading because it is like my passion and it makes me feel happy everytime i do trade rather than my other source of income.

Starting a business from scratch is easy if you have a certain set of skills. For instance you can be a good writer or painter and you can start selling your works for Bitcoin.
I always found it difficult to start a business, because I have no unique skills. I'd have to become a trader or write small articles for news sites, which IMO isn't paid good and kind of boring.