How/Where to start my bitcoin society ?

viavalenttt

newbie

Activity: 34

Merit: 0

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

i think all the world is the best country for this, they are really pro bitcoin, no vat for it so you willr educe cost, but you need anyway a good investment to start this

horace08122

sr. member

Activity: 382

Merit: 250

Quote from: Oralmat on October 01, 2016, 09:40:09 AM

If you have experience of that field, i mean if you know that how to do that work of selling the bitcoin, than no problem in it, but as i know it is a big work, you should registered you company, than people trust you, than i am also trust on you, And my best wishes with you.

Yes, experience in this business is very necessary. Without experience, you can lose the last savings. It is best to start in a country where bitcoins not prohibited.

Oralmat

hero member

Activity: 588

Merit: 500

If you have experience of that field, i mean if you know that how to do that work of selling the bitcoin, than no problem in it, but as i know it is a big work, you should registered you company, than people trust you, than i am also trust on you, And my best wishes with you.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

For start up and idea you have, you will need money. Why don`t you try something on smaller scale, try to open thread here, and account on localbitcoin. You can join some exchange site and try there to trade with bitcoin, lend, buy, sell or what ever you wish.
For your idea, you will need a good team behind you, good script, good protection, and for all that you need money, that is a fact. And all that can`t guarantee you profit, so you will need good marketing. Take a look how much organizing signature campaign cost, and then calculate how much you will need to advertise your service. Longer the better, again we are back on beginning, you will need large sum of money.

buxlover

full member

Activity: 224

Merit: 100

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

You are just going to sell bitcoins online, why do you need a society for that?

If you are going to sell online why do you worry about country, what hope or some features do you have in mind to make people prefer to buy from you. Buying bitcoins online from any country happens within few minutes(market rate). So don't worry about country think about feature or offers to attract people to buy bitcoins from you.

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Also, I'll be the unique person in the company.

What do you mean by unique

Superbitzz

full member

Activity: 196

Merit: 100

i think it is not such a difficult job to sell bitcoin, i think you can sell your bitcoin with in seconds in market price, you do not have to wait a lot, therefore when ever you feel the fiat money and you have some bitcoin to exchange you can do that with in seconds.

yayayo

legendary

Activity: 1806

Merit: 1024

Well, it depends if you want to operate legally or not... Cheesy

If you want to operate legally, the hurdles are very high in almost all countries. The worst choice is certainly the U.S., because it is full of control-freak politicians. So Europe or Asia will be a much better choice. I've read positive reports of the so-called "regulation" (read: restriction) landscape for the Isle of Man, Switzerland, and Liechtenstein. At least these countries won't jail you for a lifetime if you check a wrong box on a 100+ page registration form... Wink

If you ask me, consider a different form of Bitcoin business, because exchanges are the most risky of all. In addition to the regulatory risk, you will be the prime target for hackers.

A Bitcoin business that sells virtual or physical goods is a much safer option. In my opinion the Bitcoin economy also needs more real (non-financial) businesses... especially from the primary sector.

ya.ya.yo!

maxdeielle

full member

Activity: 154

Merit: 100

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

I think there is no specific country, because almost are using bitcoin but not much popular especially those who are not using internet.
And what do you mean about "I'll be the unique person in the company"?

ObscureBean

legendary

Activity: 1148

Merit: 1000

I think it's going to be really difficult for your project to take off. There are already quite a few trusted options in that space, why would anyone try their luck with a brand new company, especially with all the scams going in on in the crypto world? A better choice, if you want to sell Bitcoin online, might be to just use Localbitcoins. You won't have to invest in creating your own platform, you would just need to take the time to build a solid reputation. Plenty of people make money trading on Localbitcoins. Anyways good luck!

Fraxinus

legendary

Activity: 1274

Merit: 1000

Quote from: HabBear on September 26, 2016, 11:27:43 PM

You should make sure to set up your company in an area that has wealth and education...if you want to make money you gotta find the people with extra money to spend on bitcoin and the more they can buy the better. You also need people that are educated enough to be tech savvy and have genuine interest in bitcoin.

Yeah start a business where people are somewhat involved with BTC or be willing to run a campaign that will eventually educate the people to use BTC and go from there and this way it will be easier for your start up

Dudeperfect

hero member

Activity: 1190

Merit: 534

I would suggest you to start with single pairs and single payment platform and then expand your service. You can start with btc to usd and then usd to btc initially (and if you can use paypal for buying btc and gain good reputation then you have good scope because of reversible transaction scam trend not much traders are giving such service). You can expand your service with alt coin pairs or even new payment options for buying and selling bitcoins.

davis196

hero member

Activity: 3094

Merit: 929

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

What do you mean by "I`ll be the unique person in the company."?

You will be the only person,or you will hire more people?

Why do you need a company to sell btc online?

I don`t think that most of the localbitcoins sellers have their own companies.

HabBear

hero member

Activity: 1106

Merit: 637

You should make sure to set up your company in an area that has wealth and education...if you want to make money you gotta find the people with extra money to spend on bitcoin and the more they can buy the better. You also need people that are educated enough to be tech savvy and have genuine interest in bitcoin.

streazight

hero member

Activity: 910

Merit: 502

With localbitcoins or paxful, almost every country people are having the options to buy or sell bitcoins at their convenient way.

With an online service, I like to suggest you to offer world wide services instead of targeting a specific country. That may help to have more businesses.

The prime challenge against selling bitcoin would be reversible payment methods, hope you have already aware of those.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: Doamader on September 26, 2016, 07:52:53 PM

Well even knowing that Europe has a bigger purchase power then Asia countries, they already are present at bitcoin and a big part of them will just ignore bitcoin. The Asian countries may find bitcoin a way to save their money, and be able to earn it besided buy and sell transactions, knowing its money or exchanged for any currencie that might be better to them, as they will get interested how to get bitcoin.

I think Asia is a good one to start with. As of now, the penetration rate is not much, and if you start today its good. But,you will need n more promotion to start with and it is tedious and maybe not financially rewarding at first.

Doamader

hero member

Activity: 756

Merit: 501

Well even knowing that Europe has a bigger purchase power then Asia countries, they already are present at bitcoin and a big part of them will just ignore bitcoin. The Asian countries may find bitcoin a way to save their money, and be able to earn it besided buy and sell transactions, knowing its money or exchanged for any currencie that might be better to them, as they will get interested how to get bitcoin.

gandame

hero member

Activity: 924

Merit: 505

Quote from: HeroCat on September 26, 2016, 10:22:37 AM

It depends - if you want to have own office with own server with Bitcoins, then you must choose the country, where you live in. If you are going to rent office with server in another country, then Bitcoin safety is under question, plus just think - you will need frequent visit your office in another country, pay salaries, check that everything is ok etc. So may be the smartest solution would be to open office in your country, where you live in. Wink

Yes i do agree with that they start open it in there country to be studied carefully to how it enhanced it. And then he just vertically open another country if have become the successful stand out in their country. And do studied it first before do it and think twice for the better then decide if your decision is final.

Mastsetad

sr. member

Activity: 672

Merit: 250

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

I would suggest you not to get into it until you know everything and has enough experience, if you are asking about such small things then how come will you be able to manage all the things about a exchange? Opening an exchange is not like opening a faucet site where you just need the script and you are done, it has a lot of things to be done. Try to google it and you will know.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

i think europe is the best country for this, they are really pro bitcoin, no vat for it so you willr educe cost, but you need anyway a good investment to start this

HeroCat

hero member

Activity: 658

Merit: 500

It depends - if you want to have own office with own server with Bitcoins, then you must choose the country, where you live in. If you are going to rent office with server in another country, then Bitcoin safety is under question, plus just think - you will need frequent visit your office in another country, pay salaries, check that everything is ok etc. So may be the smartest solution would be to open office in your country, where you live in. Wink

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

There are plenty markets for Bitcoin, especialy Asian countries, India. But I don't think that the only question here is what could be profitable markets but also how you can legaly solve papers about company registration, tax and everything else in your own country. Things could be tricky.

Taki

hero member

Activity: 1078

Merit: 514

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

New projects and developments show that India can become the number one country in the world to use bitcoin. They create new possibilities for a billion people in the country. India surpassed the United States and became the second largest Internet market with 333 million users, behind only China, with its 721 million. Add to that inIndia second official language is English. So I think it is the great place for your project.

Hirose UK

hero member

Activity: 1302

Merit: 503

Leading Crypto Sports Betting & Casino Platform

Quote from: Yakamoto on September 23, 2016, 03:37:06 PM

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

You don't really have to be in a specific country to have the best location for a Bitcoin exchange startup, however I would probably recommend something like Japan or China or whatever, where there is a lot of volume and a place where there are a lot of traders and people more open to the technology.

You have to understand, however, there a ton of exchanges in those places already so it might be hard to have a start up there.

The best place to make a startup exchange would be a country with the technological availability and money to get involved with bitcoin, where there aren't a ton of exchanges yet.

Agree. you can see to local section to know what other countries that have less exchanges, and see how many people use bitcoin there, just predict it by looking the threads and posts on local section.

hendra147

hero member

Activity: 644

Merit: 509

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

if you open a startup you have do re-search before before launch it ?
i think it's depending about yiur service, some country have diffirent market, for bitcoin i think you can start at japan or maybe in newyork

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: Araudan on September 22, 2016, 01:24:56 PM

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

You don't really have to be in a specific country to have the best location for a Bitcoin exchange startup, however I would probably recommend something like Japan or China or whatever, where there is a lot of volume and a place where there are a lot of traders and people more open to the technology.

You have to understand, however, there a ton of exchanges in those places already so it might be hard to have a start up there.

The best place to make a startup exchange would be a country with the technological availability and money to get involved with bitcoin, where there aren't a ton of exchanges yet.

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

To start selling bitcoin with anonymous payment gateways like perfect money, okpay, payeer may not ask for your registered company details but other will surely ask for it. To open bitcoin selling platform you need to have good team behind, good script as well as good experience in managing web projects.

Registering off-shore companies are quite hard so why don't you just register company in your own country if they allow bitcoin related transactions. Be quite careful about all the financial laws your government have before starting your business.

Araudan

sr. member

Activity: 332

Merit: 250

Hello everybody,

I'm thinking about opening a bitcoin start-up to sell bitcoins online.
Then I'm wondering which country is the best to open this kind of company ?
Also, I'll be the unique person in the company.

Thank you very much !

Topic: How/Where to start my bitcoin society ? (Read 1094 times)