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Topic: Bitcoin business idea - page 8. (Read 9960 times)

full member
Activity: 266
Merit: 100
March 30, 2017, 12:07:47 AM
Bitcoin exchange would be a good idea , well if u wanna promote that this forum is always available by starting a signature campaign , it is will be useful for ur campaign .
On the other hand u can do mining with the use of solar energy, well with the help of windpower it can be beneficial and u can earn ur profit to a much extend.
sr. member
Activity: 392
Merit: 250
Best IoT Platform Based on Blockchain
March 30, 2017, 12:02:55 AM
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I would go entirely for Exchange, i.e. being an exchange operator. Nothing else.
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actually going in for Exchange platform is a 100% guaranteed fail. there are currently successful and big exchanges that people trust and use, if a new one comes along they won't just give up what they are used to, for a new, unknown, untrusted place.

Oh, really? Really? Are you sure? Is that an opinion? Or a fact?

Give me examples of exchanges that have failed.

Note: Mt. Gox that failed because of inside job does not count.
full member
Activity: 252
Merit: 100
March 29, 2017, 11:34:39 PM
a thought about bitcoin will bring good results or not his future.
legendary
Activity: 3472
Merit: 10611
March 29, 2017, 11:20:24 PM
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I would go entirely for Exchange, i.e. being an exchange operator. Nothing else.
~

actually going in for Exchange platform is a 100% guaranteed fail. there are currently successful and big exchanges that people trust and use, if a new one comes along they won't just give up what they are used to, for a new, unknown, untrusted place.
hero member
Activity: 2464
Merit: 519
March 29, 2017, 10:08:43 PM
I just wish bitcoin can be paid out in dollar through humaniq, reaching every un-reached and closing the gap of not spending bitcoin on a daily use. Bitcoin should work towards spending not storing alone. i believe the more the spending, the more the purchasing power, the more the value.
sr. member
Activity: 392
Merit: 250
Best IoT Platform Based on Blockchain
March 29, 2017, 10:02:15 PM
I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

  • Exchange
  • Blog
  • Lending
  • Trading
  • Selling stuff in bitcoin
  • Freelance job in bitcoin

I would go entirely for Exchange, i.e. being an exchange operator. Nothing else.
Why?
Blog is for writer. Bitcoin being technical + financial is more suitable to non-writing business.
Lending has risk of non-payment unless you require collateral.
Trading is a 100% guarantee-to-fail business unless the market is very immature (latency difference that can be easily captured) and you have unfair advantages over market information and speed.
Selling stuff only if I already have existing business in place.
Freelance job only for those without a stable job.
sr. member
Activity: 840
Merit: 254
March 29, 2017, 09:48:03 PM
The idea that needs almost no investment is to begin a small freelancing job in bitcoin, you obviously need some kind of skill or knowledge but I think it is the safer option if you can pull it off.

That is not a business but a job and almost everyone is doing that thru signature campaign.

My idea is to start a room for rent paid thru bitcoin and managing thru blockchain. It will be easier to manage and get paid without getting tHe payment yourself. Just assign a btc address per room and clients will use that to pay you.
I never said it was a business, but if successful it could develop into one if you are able to manage your money well and instead of doing the job yourself you begin to hire people to do the job for you instead, so like you can see, almost anything can be converted ion a business with the right skills.
hero member
Activity: 3080
Merit: 603
March 25, 2017, 01:08:58 AM
I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.
well, it was very nice. BTC payment alternative uses may be advantageous if one wants to pay in the form of bitcoin. it can facilitate the bitcoin users to pay, and also it could be a return on investment for people who receive payments using bitcoin.

It just another option if you are into selling of stuffs online but that's a good way to promote bitcoin. Since many still doesn't know what is bitcoin I guess it will be beneficial if I'm going to reserve the payment through cash and other way of payment. This is a very effective way of earning and I did this before but stopped for now.
legendary
Activity: 1218
Merit: 1000
March 25, 2017, 12:42:16 AM
I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.
well, it was very nice. BTC payment alternative uses may be advantageous if one wants to pay in the form of bitcoin. it can facilitate the bitcoin users to pay, and also it could be a return on investment for people who receive payments using bitcoin.
legendary
Activity: 1414
Merit: 1001
March 25, 2017, 12:14:34 AM
I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.
it is an effective way. sold goods to accept bitcoin payments could make bitcoin is increasingly recognized by many people. some people get interested, especially if we give special discounts to bitcoin payments.
hero member
Activity: 3080
Merit: 603
March 25, 2017, 12:04:25 AM
I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.
hero member
Activity: 812
Merit: 500
March 24, 2017, 11:53:29 PM
I think we all are already doing business. Like who knows about bitcoin, they are doing investment and trading, and also doing some other work from the workers than they pay in bitcoin, People use the bitcoin in amount transfer. So for me, it is not difficult to tell you, that i am already doing trading and investment and also gambling. So it is my business with bitcoin.

I have a bitcoin business before and actually there are two. My first bitcoin business is referral business, I hired people to advertise my link all over the facebook groups and in that way I can get more referrals from the people playing in the dice game I owned. At first I was earning good since good dice players are coming in but as time passes by there are no more good players so I stopped my business. My second business I selling load, I am converting my bitcoins into load and sell it and by doing it I am not just earning online but also offline.

I am impress with you, you are doing very well business on online. But You know every business not always give us good earning forever. So same situation with bitcoin, not always bitcoin give us profit, sometime it give us lose, but it is depend on ourself how we recover our lose and make money from it.  
hero member
Activity: 2464
Merit: 594
March 24, 2017, 11:49:52 PM
I will start from a low level of dificulty like blogging, I will make articles of current trends about crypto world, I will publish informations what they should know in bitcoin community and I will apply it on different advertising network. I am open to freelance job like social media promotions to increase my networks.
hero member
Activity: 2366
Merit: 594
March 24, 2017, 10:31:53 PM
I wanted to create a E commerce Bitcoin related online store where all products are sold in bitcoins payment system with less margin.

I'd rather go with a gambling site than making creating an E-commerce bitcoin related online store, because you might lose a large of profit here, considering that not all of your stuffs you sell there is going to be buyable and everybody would love it, though in a gambling site, it maybe requires a large amount of capital to make one, but at least, you are sure that you could earn a lot of money here if, your games here are pretty interested and are not boring to play with.

And having a game like this would need a lot of time for you to think about, what is this game, it should be unique compare to the games on the gambling sites right now, and so on.
sr. member
Activity: 1162
Merit: 258
1xbit.com
March 24, 2017, 10:28:03 PM
I will sell goods at dikarena bitcoin bitcoin prices often change it a distinct advantage for sellers to add to the price in accordance with the wishes and make services sell/buy fiat to bitcoin
hero member
Activity: 648
Merit: 502
March 24, 2017, 10:05:45 PM
Honestly all of the above are pretty good choices as you can earn good amount of bitcoin.
But the decision is pretty much up  to you. Which in those things are you good at ?
You should first ask yourself that coz what's point in picking business when you're not good at it and not comfortable.
True, doing something you're not good at only put too much strain on you ( physically and mentally ). We must learn along the way and keep the decision to ourselves of what we want and love to do. Even when pursuing something big but not our passion, you can be good at that but only average. This is the problem to people these days, trying to fit in to something that they don't want. Wrong league. Business is a trial and error process sometimes but we must consider what skills and knowledge on that particular field or else we're just going to lose. We maybe able to keep up but not for long. Be yourself.
sr. member
Activity: 1400
Merit: 269
March 24, 2017, 09:54:14 PM
Honestly all of the above are pretty good choices as you can earn good amount of bitcoin.
But the decision is pretty much up  to you. Which in those things are you good at ?
You should first ask yourself that coz what's point in picking business when you're not good at it and not comfortable.
sr. member
Activity: 2436
Merit: 455
March 24, 2017, 09:53:21 PM
Teaching how to trade bitcoin and altcoins. How to read candle sticks and how to make fundamental and technical analysis.

And they are going to pay you bitcoin in return? I don't think so. You have learn bitcoin just for free, and I know that you have asked somebody about it. how to do it, what to do to earn bitcoin, stuffs like that when you were just a newbie in the crypto world, but nobody asked you for bitcoin in return, I'm sure about that, except if that certain person worship money then maybe he did ask you in return.

But this, teaching somebody how to trade or so whatever about earning bitcoin should not be a business to ask bitcoin in return, because it would be better if you are just going to help them with that and it feels goods to help somebody than ask something in return.
legendary
Activity: 2240
Merit: 1069
March 24, 2017, 09:24:19 PM
The idea that needs almost no investment is to begin a small freelancing job in bitcoin, you obviously need some kind of skill or knowledge but I think it is the safer option if you can pull it off.

That is not a business but a job and almost everyone is doing that thru signature campaign.

My idea is to start a room for rent paid thru bitcoin and managing thru blockchain. It will be easier to manage and get paid without getting tHe payment yourself. Just assign a btc address per room and clients will use that to pay you.
hero member
Activity: 910
Merit: 507
March 24, 2017, 09:06:51 PM
Maybe I will choose the exchange because many people now struggling to have their exchange bitcoin cash particularly Nigeria. I will take international exchange online for all and not to struggle with people changing their bitcoin.
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