Topic: If I'm right, this idea will make me a multi-millionaire (Read 1936 times)
Well, many banks for sure will earn a lot of millions with BTC transfers to FIAT and back. This is BTC future
What about attaching to a network that already deals with moving money? LibertyX did this debit/PIN sellers. You go to a place that sells cell phone top-ups and get a pin. You are then supposed to get BTC. I tried using them but had issues. I think their idea can be improved.
Paysafecard is one such network.
OT - To all those saying why share your ideas - Ideas are worth nothing if there is no execution.
Paysafecard is one such network.
OT - To all those saying why share your ideas - Ideas are worth nothing if there is no execution.
Yeah buddy, we're the same war (with country laws and development barriers)... I'm planning to do a thing like that, but I'm afraid to be busted by feds... they don't bother with big people cheating but small people like us, is what they need to survive. Sad but true.
I'm not trying to be mean here but if you think you have such a good idea why would you share it here like this in the open? Why not keep it to yourself and just implement it?
You think some will just read this thread and implement it? There are a world of problems and complications to this business but it is workable. So, no I am not worried about someone stealing this idea for them selves
As I was saying, I'm not trying to be mean about it, but the truth is, and you have to agree with this, is that an idea is 50% of a project if not more. Anyone can do things but great ideas as not so easy to get.
well even if someone does steal it Ali can then let others do the hard work and then he can get employed by them. that way he gets a payday without the headache.
sometimes going it alone is risky. and many people have let their projects go to other people and then the idea-man gets employed as an R&D, troubleshooter, consultant or what not.
I'm not trying to be mean here but if you think you have such a good idea why would you share it here like this in the open? Why not keep it to yourself and just implement it?
You think some will just read this thread and implement it? There are a world of problems and complications to this business but it is workable. So, no I am not worried about someone stealing this idea for them selves
As I was saying, I'm not trying to be mean about it, but the truth is, and you have to agree with this, is that an idea is 50% of a project if not more. Anyone can do things but great ideas as not so easy to get.
If this is really your revolutionary idea, why would you share with 100k people on this forum?
I m not from the US so I do not know how these cards and kiosks work.
I m not from the US so I do not know how these cards and kiosks work.
I'm not trying to be mean here but if you think you have such a good idea why would you share it here like this in the open? Why not keep it to yourself and just implement it?
You think some will just read this thread and implement it? There are a world of problems and complications to this business but it is workable. So, no I am not worried about someone stealing this idea for them selves
You might be onto something. I would appreciate just a little more research into the matter. Thank you.
http://karmakoin.com/
I've seen these online gaming points cards sold in small stores in the middle of nowhere, and it's just for low-budget MMO games made by a company called Nexon. I don't know how hard it was for them to get carried by all these grocery store chains and convenience stores, but if they can do it then Bitcoin should be there too.
And their website says: "Karma Koin gets your cash online so you can buy what you want, when you want, without having to use a credit card."
Right. Get your cash online, as long as you're spending money on pay-to-play MMO games.
What if we could get our cash online with Bitcoin instead?
I've seen these online gaming points cards sold in small stores in the middle of nowhere, and it's just for low-budget MMO games made by a company called Nexon. I don't know how hard it was for them to get carried by all these grocery store chains and convenience stores, but if they can do it then Bitcoin should be there too.
And their website says: "Karma Koin gets your cash online so you can buy what you want, when you want, without having to use a credit card."
Right. Get your cash online, as long as you're spending money on pay-to-play MMO games.
What if we could get our cash online with Bitcoin instead?
Hey! I did a lot of thinking & this thread is a follow up to the one I posted a few days ago here.
https://bitcointalksearch.org/topic/need-some-expert-opinion-here-guys-1347010
bitcoin business idea
THE NEW & IMPROVED BTC BUSINESS IDEA[/size]
3). Store card bitcoin purchase
Let me know what you think! Would like some input on this!
https://bitcointalksearch.org/topic/need-some-expert-opinion-here-guys-1347010
bitcoin business idea
THE NEW & IMPROVED BTC BUSINESS IDEA
3). Store card bitcoin purchase
Let me know what you think! Would like some input on this!
people can walk into walmart and buy maybe an amazon card..
go to purse.io and other giftcard selling websites and trade that card in for bitcoin.
the funny thing is that purse.io has about a 30% premium.
EG
$100 giftcard is only offered $70 of bitcoins. and people are actually selling their giftcards for those low amounts
they then sell that $100 giftcard on for <$90 (yes bitcoin customers get a discount/bargain) and purse.io still makes upto 20% in the middle
i would say however, trying to get your own 'giftcard' on the shelves/racking of the major retailers is going to be the hardest thing you will ever do in your life.
i would suggest you research into purse.io business plan and ask them some questions. as they are far ahead in the bitcoin<->giftcard industry.
the really problem is make a script that allow this operation.... the idea is not bad, but I think build a code for this is really hard !
and expensive! and this is why a project like this could fall easily
and expensive! and this is why a project like this could fall easily
I'm not trying to be mean here but if you think you have such a good idea why would you share it here like this in the open? Why not keep it to yourself and just implement it?
I did the opposite of what you are trying to do. The money moves pretty fast. I never had enough to meet demand. KYC rulings coming into play, encouraged me to back out. Good luck on your endeavors.
It would be nice to have quicker ways of receivin bitcoin but honestly you will just end up with a lot of fradulent charges and most likely legal issues too.
True, but the man who figures out a way to make credit card purchases of bitcoin work somehow (legal, fraud, security). Is going to make a freaking fortune
xapo have a credit card that you can link to your acount , but then you have to have btc deposited to your acount in the first place , and dont know if you can convert your btc when you use the card , so you can buy in normal stores with it.
I never really liked xapo. Most of all i want to get rid of the bullshit when it comes to buying bitcoins, and this will not be an easy task
It would be nice to have quicker ways of receivin bitcoin but honestly you will just end up with a lot of fradulent charges and most likely legal issues too.
True, but the man who figures out a way to make credit card purchases of bitcoin work somehow (legal, fraud, security). Is going to make a freaking fortune
xapo have a credit card that you can link to your acount , but then you have to have btc deposited to your acount in the first place , and dont know if you can convert your btc when you use the card , so you can buy in normal stores with it.
would there be an option to buy paper wallet instead en exchange of cash?
I would prefer buying such to you when you're up as I don't have to show my IDs, is this possible? I think a lot us will most likely prefer or want to do this as well. so they can jsut scan the qr code thru thier mobile apps.
I would prefer buying such to you when you're up as I don't have to show my IDs, is this possible? I think a lot us will most likely prefer or want to do this as well. so they can jsut scan the qr code thru thier mobile apps.
yes I was thinking about offering this actually
would there be an option to buy paper wallet instead en exchange of cash?
I would prefer buying such to you when you're up as I don't have to show my IDs, is this possible? I think a lot us will most likely prefer or want to do this as well. so they can jsut scan the qr code thru thier mobile apps.
I think you can get paper wallets with bitcoin loaded on them on places like Ebay. Not sure who else has those, but you have to trust whoever's making the wallet not to have the private key written down somewhere else. For those of us who are paranoid to the max, that's unacceptable. And yeah, as I said above you can buy btc at places like Circle but forget about it if you want to remain anonymous.I would prefer buying such to you when you're up as I don't have to show my IDs, is this possible? I think a lot us will most likely prefer or want to do this as well. so they can jsut scan the qr code thru thier mobile apps.
It would work, if you could keep the payment in Escrow until the bitcoin on the prepaid card is transferred to another Bitcoin address. The person who accepts the money for the prepaid card serve as the middle man between the seller and the buyer.
Once the bitcoins are moved from the prepaid card, the middle man
A percentage of the prepaid card cost can go towards the escrow, similar to the exchange fees.
i liked your goal, of letting people exchange their cash into bitcoin fast and without the bullshit verification. but despite being good it has a big flaw that you already know and are mentioning it in your cons, which is scammers which will try and use this service to turn their illegal cash (like from stolen credit cards) into untraceable bitcoin.
on top of that, your maid idea has a big fee of 5% which i think is going to be a problem in the future for getting people on board.
on top of that, your maid idea has a big fee of 5% which i think is going to be a problem in the future for getting people on board.
There are problems with any idea, my friend. Nothing is perfect. It will take work!
Not all ideas are workable, and you need the counsel of a good attorney familiar with bitcoin.
Yes, but believe I can make this work. Everything I wrote above is not set in stone, obviously. This is just an idea my friend.
i liked your goal, of letting people exchange their cash into bitcoin fast and without the bullshit verification. but despite being good it has a big flaw that you already know and are mentioning it in your cons, which is scammers which will try and use this service to turn their illegal cash (like from stolen credit cards) into untraceable bitcoin.
on top of that, your maid idea has a big fee of 5% which i think is going to be a problem in the future for getting people on board.
on top of that, your maid idea has a big fee of 5% which i think is going to be a problem in the future for getting people on board.
There are problems with any idea, my friend. Nothing is perfect. It will take work!
Not all ideas are workable, and you need the counsel of a good attorney familiar with bitcoin.
i liked your goal, of letting people exchange their cash into bitcoin fast and without the bullshit verification. but despite being good it has a big flaw that you already know and are mentioning it in your cons, which is scammers which will try and use this service to turn their illegal cash (like from stolen credit cards) into untraceable bitcoin.
on top of that, your maid idea has a big fee of 5% which i think is going to be a problem in the future for getting people on board.
on top of that, your maid idea has a big fee of 5% which i think is going to be a problem in the future for getting people on board.
There are problems with any idea, my friend. Nothing is perfect. It will take work!
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