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Topic: enough bitcoins to start small project ? - page 5. (Read 3332 times)

member
Activity: 336
Merit: 11
I am no stable coin. to the mooonn.. and back
October 09, 2017, 08:15:17 AM
#26
i if want to start small project (site)

how much i need for basic one ? OR complex one ?



Everything depends on the Complexity of your project and what you want to offer. Your site can be related Bitcoin Faucet, Bitcoin News and information site, Bitcoin Trading site or Exchange , Bitcoin related Blog and forum, Bitcoin Mining Projects, and  Bitcoin Gambling Projects. For small site it can cost you around $200-maximum $500 but for bigger projects like Exchange, ICO ,Mining it can cost you $3000 or even more than that, because here it requires more resources, Manpower and high-tech tools for completion of your projects.
full member
Activity: 728
Merit: 106
October 09, 2017, 06:53:39 AM
#25
i if want to start small project (site)

how much i need for basic one ? OR complex one ?

Which kind of project is that ? If your project is really good, i think you should open an ICO. ICO is booming in this year, if you have a good project, you can easily attract investor to invest your project. For small project, i think 1-3 btcs or less, it's depend though.
sr. member
Activity: 1400
Merit: 269
October 09, 2017, 06:29:47 AM
#24
That depends of what type of site do you want to create if it's an online shop the cost of e-commerce doesn't need to be costly but sometimes depends on the complexity of the project. If you can code the site yourself then you can save much more money rather hiring people that sometimes to much money/bitcoin to pay and you need to hire some internet marketer to promote your site. You can find those people that will be interested in your project the services section.
hero member
Activity: 1022
Merit: 538
October 09, 2017, 06:03:22 AM
#23
I think it depends in what kind of project you are planning to start. And how big is the project you are thinking to open. You will need a big amount of money to start a complex project, however I think the minimum amount for a small project will be a hundred dollar or so.
It depend about the idea of your project that what the idea of your project and how big is your project because if you want to start big project than you must need a large number of bitcoins to invest while if the idea of your project is small and then I think you don’t need large number of bitcoin because rate of bitcoin is already very high.
full member
Activity: 588
Merit: 100
October 06, 2017, 06:49:11 PM
#22
I think it depends in what kind of project you are planning to start. And how big is the project you are thinking to open. You will need a big amount of money to start a complex project, however I think the minimum amount for a small project will be a hundred dollar or so.
hero member
Activity: 1498
Merit: 596
October 06, 2017, 05:17:46 PM
#21
No one can give you an exact estimate on how much it may require to start up a project.
It all depends on your concept, the complexity, and of course the rate will vary dev to dev (experienced dev = higher rate).

It will be better if you discuss your project with a dev.
You can post your project for bidding in several freelance sites including bitcointalk.
And then you can discuss with a developer of your choice more deeply and can get accurate estimation.

If you don't get any dev of your choice then you can cancel the project for bidding.
Or if the case is like "you can't afford" you can also cancel the job and tell the dev that I need some time to arrange the money.

I hope you have a good idea which will contribute in our community.

Good luck!

sr. member
Activity: 546
Merit: 250
October 06, 2017, 07:17:53 AM
#20
The most important and costly part of a project is its security. And security measures increase as per the size of your project. If you are thinking something big, you will surely need more security for that, but if you are just trying to start a very small service like a faucet or something like that, it will surely cost you less in compared to bigger projects like gambling platforms, exchanges or any other major project like that.

I personally would not recommend a person to start any project as long as he himself does not know anything about securing himself, as that can be dangerous for the project these days as we usually see hacks happening to even bigger projects, so if someone finds out about the project and finds it easy to crack then there are chances they might do an attack for even less money if they are easy to get.

Well right now there a lot of people who wanted to have some business by starting small but their are really many enemies out there that has the same thinking they could start out small and end up having big profits. It is would really be depressing if somehow the small business did not turn out to be great. It is really better to be friends with people in high places so that they could also help you advertise some small project you want to provide.
hero member
Activity: 756
Merit: 500
October 06, 2017, 07:11:51 AM
#19
The most important and costly part of a project is its security. And security measures increase as per the size of your project. If you are thinking something big, you will surely need more security for that, but if you are just trying to start a very small service like a faucet or something like that, it will surely cost you less in compared to bigger projects like gambling platforms, exchanges or any other major project like that.

I personally would not recommend a person to start any project as long as he himself does not know anything about securing himself, as that can be dangerous for the project these days as we usually see hacks happening to even bigger projects, so if someone finds out about the project and finds it easy to crack then there are chances they might do an attack for even less money if they are easy to get.
legendary
Activity: 3570
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
October 06, 2017, 06:27:51 AM
#18
i if want to start small project (site)

how much i need for basic one ? OR complex one ?
It totally depends on the kind of project you are talking about. Even small projects like you said differs and a lot of things must be considered before even venturing into them.

If you can give better information regarding the project you want to start probably you can get a rough estimate, otherwise everything we will all tell you here is going to be based on assumption and you will end up finding out it won't be enough once you embark on the project.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
October 06, 2017, 04:00:48 AM
#17
i if want to start small project (site)

how much i need for basic one ? OR complex one ?

Why thinking to build a business with small budget only? If your in outside world then you can actually create a business with less budget since there so many option to select but we are in online marketplace and the plan business need to advertise aswell with it needs a excellent designs and beautiful service to became well known and that cost a lot mate.
sr. member
Activity: 756
Merit: 252
October 06, 2017, 12:44:53 AM
#16
It depends on the complexity of your project.I have seen many users spending thousands on gambling projects,ICOs etcitra.
 You may even start a project if you have $100  but if you are going to hire someone to design your website in accordance with law complying project,whether it is a shopping project initial coin offering or gambling, it will cost you $2000-5000 .


I didnt know setting up a BTC gambling site would be that cheap. Can you give us examples of what BTC gambling sites started with an initial budget of $5000? I could start one right now if I could figure out where to start.
You can find casino/gambling site scripts for way low prices online, it will be a lot more if you pay someone to code a site from scratch.
There are countless CSGO gambling sites which started with very low budget of-course Crypto-currency site would be way more complex.
hero member
Activity: 826
Merit: 529
October 06, 2017, 12:24:17 AM
#15
That depends on your project and how many services you will need to pay to start it, if you have knowledge with websites you can save some money. I am sure you can calculate your costs if you make a list of things you will need if you are asking what project you should start you need to mention the amount you are willing to invest in this.
if you think that your project is feasible to your project according to your saving. after calculating the cost and benefits if you find that your project will take a profit then you can start your project by Bitcoin, otherwise you may save the Bitcoin for the future purpose.i think saving of Bitcoin would be one of the most profitable business in the future.
hero member
Activity: 1330
Merit: 569
October 04, 2017, 11:15:51 AM
#14
i if want to start small project (site)

how much i need for basic one ? OR complex one ?

Its on the amount of capital and the complexity of the business involved as well coupled with the country of residence. In my country, with a 5btc, one can start a viable online business without having to break a bank for it but wanting to set up a manufacturing establishment with lot of work force, will surely need more than a 5btc.

Carry out your feasibility study with relevant details and analysis, and be sure with the amount you will be needing to set up but beyond that the cashflow needs should be properly analysed because that sometimes could be more than the initial capital.
legendary
Activity: 3038
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
October 04, 2017, 03:15:03 AM
#13
i if want to start small project (site)

how much i need for basic one ? OR complex one ?

Are you sure it's you? I read all your posts and you seemed very smart and especially someone who understands about many businesses, so why are you asking this question?

Well for me if you wanted to make a business and earn bitcoin for starting $20 is enough base in my own experience

By the historical post of OP, I realize that he has more than this
hero member
Activity: 2996
Merit: 600
October 04, 2017, 02:24:36 AM
#12
i if want to start small project (site)

how much i need for basic one ? OR complex one ?

You should be specific on how many bitcoins you've got in your wallet. All projects are depending on the success of it's marketing plans, long term plans and budget of advertising. If you want to start a simple startup business $100 - $1,000 will do for the start of your website, other attractions on your website. You don't really need a big budget if you are not into gambling industry.
sr. member
Activity: 868
Merit: 259
October 03, 2017, 11:24:46 PM
#11
It depends on the complexity of your project.I have seen many users spending thousands on gambling projects,ICOs etcitra.
 You may even start a project if you have $100  but if you are going to hire someone to design your website in accordance with law complying project,whether it is a shopping project initial coin offering or gambling, it will cost you $2000-5000 .


I didnt know setting up a BTC gambling site would be that cheap. Can you give us examples of what BTC gambling sites started with an initial budget of $5000? I could start one right now if I could figure out where to start.
sr. member
Activity: 756
Merit: 252
October 03, 2017, 10:20:24 PM
#10
That depends on your project and how many services you will need to pay to start it, if you have knowledge with websites you can save some money. I am sure you can calculate your costs if you make a list of things you will need if you are asking what project you should start you need to mention the amount you are willing to invest in this.
legendary
Activity: 3304
Merit: 3037
BTC price road to $80k
October 03, 2017, 07:46:26 PM
#9
Well for me if you wanted to make a business and earn bitcoin for starting $20 is enough base in my own experience or even more depends if what niche you wanted to promote.. I am doing internet marketing  and doing my SEO project  with my own and i am not paying any other seo service except for 2nd tiered because almost almost all tier 1 i manually doing it.. plus social signal cheap in seoclerk..

If you do faucet i think its not worth it for your hard work unlike internet marketing there are CPA are paying in bitcoin like peerfly, cpabuild and ogads..

This project will be good choice than faucet that you are spending lots of money base on what posted above..
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
October 03, 2017, 05:10:03 PM
#8
i if want to start small project (site)

how much i need for basic one ? OR complex one ?

Which kind of project? What will you offer, sell something, give informations or offer a service?

Information sites are cheap, you just need to set it up, pay for a domain, you can do almost everything for free, but you need knowledge to give legit informations to people and to make it interesting to bring even more people to your site.

If it's a service site, like an exchange, it's more complex and you need informatic skills, Crypto Currency experience, you need some people working for you, security levels, must check if it's allowed on your country... Really difficult.

A shopping site isn't easy too, and only profitable on long term (if you are able to run your business until there).
hero member
Activity: 1274
Merit: 513
October 03, 2017, 04:46:31 PM
#7
Maybr you need hundreds dollars for this . Its better if you purchase few years domain and choose best domain for your site so many people sill visit to yoimur site. You need also to design your site and I suggest its better that your site is unique compared to other the design is common . But its up to you how much do you want to start if its 50 dollars its okay make a research first so you can know.
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