Topic: business ideas related to or involving Bitcoin (Read 506 times)

As I said, if you have enough knowledge and experience, you can open a center or a few classes to teach people in need. The only issue I want to talk about here is morality, we should not take advantage of other people's ignorance for our own benefit. That not only directly affects our reputation, but also the reputation of the cryptocurrency industry.

Honestly, I don't like this idea because by introducing or teaching bitcoin to others, we are contributing to making bitcoin more popular and once bitcoin is popular then we are also the beneficiary's profit. Second, we can learn online for free or our knowledge has been taught by others so there is no reason we have to charge others.

Buying and selling having Bitcoin as payment method in that business is what make Bitcoin as a mainstream currency, although not only Bitcoin alone but all other popular cryptocurrencies that offers you some form of scalability and security.

I have read in the forum where a female member run a beauty salon and does accept Bitcoin as payment alternatively to the fiat payments.

This is the right way to approach things, if you do what you love doing, then you are going to be able to make more money. The reason isn't that something you hate may not make money, it could very well make money but the point is that if you start today, you are not going to start making money tomorrow, and if you hate something that will cause you to do a bad job and then why would people pay you?

And it may take months or even years until the business takes off and if you do not see a good result until then, you may quit before you can make money. Whereas, if you do what you love, you are going to do a better job, because you will love what you are doing, and eventually you are going to start making a lot more money from it, and it doesn't matter if it takes months, you like doing it anyway.

Quite misleading with small stores but not with payment options. You could offer investment services to other people using your knowledge if you're really that passionate because right now, if it is with normal business format then the only way bitcoin and other cryptos will be involved is through payment transactions.Overall budget will always be a factor on scaling what business you are planning but the idea itself is good. However, it will again be limited to what yiu are trying to achieve and how much could you be putting on the process to make things work for this.
He's just asking for ideas. If you don't feel like sharing yours then you're free to do so. Good thing that you have your own but let him recieve answers from ither users who are willing to give him a hand with this topic. Spread love, mate.

I ever heard someone said "there are a lot business ideas, anyone including strangers don't mind to share their ideas with you, so everyone have many business idea, but the reason why there aren't many business is not many people dare to take action".

I agree with him, there are so many people don't mind to share their business ideas, but when you ask them why they didn't run it, they will start making excuses.

However, I just hope that you will execute your business ideas than just dream it.

OP, are you trying to steal Business ideas from other people and make them your own business? Nice try.  
If I ever had a working business idea, I would never share it with random strangers on the web. Knowledge is power. Don't give it away for free.
Good luck trying to open an online shop and accepting Bitcoin payments. I'm sure that you will get thousands of customers every day.
I have an idea about a crypto casino, that is going to be different than all the other crypto casinos, but I'm not going to share it.
It's not specifically about BTC, so I guess that it doesn't fit in the "Bitcoin business idea" category.

What about to buy bitcoin more fairly?

Good afternoon, my name is Alberto and I want to change the way cryptocurrencies are used.

I have been thinking about the bitcoin community, I love technology and I love the power that cryptocurrencies give us as well as the responsibility that they bring.

I am super angry how huge exchanges make money at the expense of silently stealing from me and all users

When you buy on Binance or any exchange, they sell you the btc at a higher price and you don't realize it, until you investigate the market price, then they take a commission for your purchase, so after overselling you, they also take away a commission and at the same time It's time to sell, don't even mention it, they buy it from you at a lower price and take away the commission for the sale, this is outrageous, a new user who doesn't know about the subject will say well, that's how it is and it discourages him, he sees that he invested money and they give you very little of what you have invested, it happened to me, I have been in this for years and many who are, hate traditional exchanges, and the truth is I want to contribute to the community in this regard.

I really want to give the power to users to be able to buy directly from each other, between the community and at fair prices, saying “someone who wants to sell me 1,000 in BTC” and another user from the community saying “I'll sell you” share the link and that's it.

That is why I have created this p2p exchange https://cryptoexchangep2p.com/ to buy and sell at market price directly with the BTC community and without commissions for buying or selling.

When a user sends his Btc to sell to the platform, he receives it, once he receives it the post activates and you can now share it to buy, you wait for the buying user to send you the screenshot of the receipt (you will also notice that you received a bank transfer out of nowhere) and you will receive an email notifying that someone took your offer for you to release the bitcoins, once released they pass into the power of the buyer, and the buyer has to remove their bitcoins to a Wallet that belongs to them

I want this to be used by the entire community (currently I program the price to be in MXN but I can optimize it to be in USD) to make the ecosystem a better place

Learn more about the project https://cryptoexchangep2p.com/about/

I think there is no problem if someone who is experienced and has a lot of knowledge of Bitcoin can make people aware of Bitcoin for a small fee and it will be great. There is no doubt that everything is there on the internet, but it takes a lot of time to search and find the right information, on the contrary if someone can provide good knowledge for a small fee then I think it would not be bad.

Other than that, I agree with you. A person who has no knowledge himself can't teach others, whatever knowledge it is, they need to learn it themselves first because only a knowledgeable person can teach others. Without acquiring knowledge, if a person makes such a mistake, he can make people lose thousands if not millions of dollars. Therefore, it is important that you yourself are fully trained and have learned everything before teaching others.

When you say a bit more connection to Bitcoin, I would remind you to first and foremost view Bitcoin for a currency as that is indeed what it is. Any attributes or things you could do with your fiat, it’s applicable to Bitcoin as well, just ensure you have a retrieval strategy as, it isn’t like fiat and leaves no room for mistakes.

That means, you either get to buy and hodl, trade it, loan it, accept it for a means of payment and a couple other uses out there. It doesn’t get much better than that. You should ensure you do proper research of your own while using the information you gather from others for guides.

IF the fee isnt really high then you can just sell btc in low amount considering CEx always have high minimum withdraw. But as the fee can reach double or triple digit it is not really viable to do it

Teaching bitcoin to others is a good idea but to do that you need to have enough knowledge, experience or even deep expertise to be able to teach others and take their money. You can't take advantage of people's ignorance and give them knowledge about bitcoin when you yourself don't have too much knowledge about bitcoin. Not to mention, knowledge about bitcoin is not too difficult to find on the internet and everything is free. So if you want to open a center or a class to teach about bitcoin, there is nothing wrong but you need to provide them with knowledge commensurate with the amount of money they pay you. Education may sound simple but it is no simpler than business related to bitcoin.

You could start a physical Bitcoin Merchant shop, which means that people would come to your shop to either buy or sell their Bitcoin. They can come having Bitcoin in their wallets or somewhere and sell them to you and receive local currency from you, or they could come with cash and get Bitcoin from you.

Something like this can work if you know that your country allows it and that it is secure for you to do a business like that, you shouldn't have the fear of getting robbed or something. If you know there are no hurdles like that for you and you have a good location where you can rent a shop, you should go for it.

Remember, a business is all about understanding the market and demands of people, you should only start a certain business in a specific location if you know it is going to run well and you are going to get customers, otherwise, it's useless.

I am guessing that you are not asking for services you can offer with relation to technical aspects of bitcoin or crypto, right?

I have noticed that safe spaces for bitcoin enthusiasts are widely needed. Assuming you are in a country that does not have bitcoin banned you can set up a space or a coffee shop where bitcoin enthusiasts can go, hang out together and freely talk about bitcoin. You can offer menu that are inspired from bitcoin or crypto.

Coffee shops nowadays are very popular so incorporating bitcoin into it can be an attention grabber.
It would be a bit hypocrite to set up a business about bitcoin and not have bitcoin as your payment method

Since you say something more connected to Bitcoin, how about like a Bitcoin education center? You could offer workshops and courses and probably one-on-one training on Bitcoin (how it works, what to do, what not to do, etc). I haven’t thought so indepth about it but maybe you can think about it and work with it. It mustn’t be something huge too. It could be in your store and you don’t have to actually call it an education center. You could print handouts to give to some customers too.

More connection to Bitcoin you say, what can be more connected to Bitcoin if it isn't currency/payment gateways. For a business Idea I can only think about selling branded fashion wears with Bitcoin logo printed on them or popular occasion in the history of Bitcoin or phrases like "I'm hodling". Basically I think the best thing to do is to do any business that can succeed in your geographic location and accept Bitcoin as a payment option. This is the best  Idea I can come up with because I don't know what sells in where you are from so I shouldn't be giving you a business with idea that might work only in my region and not yours.

Running a business at losses shouldn't be an option just because you want to promote Bitcoin, you should be making profit and be promoting Bitcoin at the same time and you won't get tired of running your business because you're doing what you love to do and making money from it. If you really what to get into business connected with Bitcoin then start up a business that helps spread the awareness and adoption of Bitcoin.

If you recognize bitcoin as a currency, it's therefore means that you are asking what business idea that are related to money. You have also stated that using bitcoin as an alternative means of payment is what you have planned to do. I so know that this time around the mempool is always congested, and this might not be favorable to your business.

Business ideas relating to bitcoin that I can think about easily are as follows; and mostly about rendering services.

• You can start a P2P loc business
• You can write Bitcoin related articles and get paid in BTC
• Trading
• Helping online businesses to set up bitcoin payment gateways

Etc
Note: Ensure you understand any business you want to venture and not because it is bitcoin related. Business is business...

You need to know what you are capable with so that you can see if there's a demand for your potential business that you wanna make. Since its really bad on your side if you want to create something related with bitcoin if there's no crypto users in your place or around you. Maybe they will find your stuff weird if that's the case.

But if there's some demands for crypto stuff on your country then I guess you could able to start a lending business which people can borrow bitcoin to you and they pay also bitcoin in return with interest.

Also cash in cash out bitcoin business since for sure that there would be a lot of people will be interested to top up or cash out bitcoin especially if they know that you are offering more convenient way for them to take out their bitcoin then get direct fiat without any hassle.

Without knowing what you're currently selling in your brick-and-mortar store, it's hard to suggest a great business idea but if it has something to do with electronic devices, you can try becoming an official reseller of a certain hardware wallet brand/s ^{[the more, the better]}.

I think the advantage is there if you're in a country that doesn't have massive adoption yet, being the first one to introduce this business gives you the upper hand. Remember that the first investors of Bitcoin didn't even know where it is going but then they still invested and have managed to held it for a long time because they believe. It may be a different comparison but I think it's a good one if ever OP decides to do that or anyone that sees the potential of it on their areas and localities.

Love the Bitcoin collectibles reference! I would have to second that one. Also I think that you really can do anything and the possibilities here are limitless- something everyone should be doing in the mean time is selling some of their unused or unwanted items online and even in a garage sale type setting accepting bitcoin!

Other ideas:

Coming up with a product or service revolving around Bitcoin (perhaps educational services with a monthly subscription to a social media channel etc.)

Using AI or chat GPT to help you come up with a good business model to then implement may also help you figure something out.

Be creative though is really what I would recommend and try to shy away from AI to have it be organic - and then your ideas can also be patentable as with AI they cannot.