Bitcoin Forum

Hi
Which business project you will like to start where the competition will be minimum and  you get maximum profit.What do you think?

You can't just come online and look for million dollar ideas to just pop up in a thread you posted.

The key is a new niche, or better yet, something that is successful in cash, but doesn't yet have a bitcoin styled alternative.

Are you a developer, investor, programmer? What's your role, how can you do this?

It's really not as easy as just creating a site and expecting the bitcoins to roll in. All of those sites have very stiff competition. Faucets are a waste of time for users and usually their operators don't make much either. Maybe if you had a good idea for a unique faucet that actually paid users a decent amount, but doing so would probably be counterproductive as they pay very little in order to actually turn a minimal profit. There's already plenty of established dice sites and many pop up seemingly monthly along with a range of other casinos and gambling sites. If you really want to create a bitcoin-earning business I'd try come up with something fresh and unique or some sort of site that hasn't implemented bitcoin yet.

Edit: DDuckworth kinda beat me to it haha.

What you do is hang out here for hours at a time and get involved with trades and buying things.  Sooner or later you'll want something or a service, realize that nobody has established one to your liking and there's your business.

Ideas are the easy part its the implementation thats the hard part.  They say be second and better.

Its really hard to say it also depends what you are good at and how much money can you invest? If you can code bitcoin gambling does well but competition is getting stiffer.

What do you think about this.

idea #1
Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ?

3 options given in your question are practically same, i.e. gambling, dice, casino. So, U r trying to chose between faucet and gambling ? Gambling is a clear winner between the 2 for sure... but there are other ideas too.

There are way too many competitions in the category you mention above.

If the competition isn't discouraging you from starting one, make sure you know the potential marketing cost to launch your platform by checking here:

https://bitcointalk.org/index.php?topic=615953.0

idea #1
Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ?

Right on point the three ideas are more or less the same if you want to indulge in gambling its best said straight rather than parabulating.

You should think about something new  in order to make money. All the things you mentioned have strong competition.

You dont need innovation if you have good marketing. But yeah innovation can give the biggest gains.

I guess the services you've mentioned are already pretty much tapped out. Remember that a Casino needs a lot of initial funds to begin with! Also, you need to be a trusted member of the community to attract high rollers.

Open a bitcoin-related start-up. Or try to be a bitcoin developer.

You will need some knowledge to make something people will really want.

Sounds okay to me.
But then you need to make sure the game is easy to learn, hard to master and impossible to abuse with a bot.

I can add a game like candy crush (match 3 game) with a timer of 60 seconds .

Market is pretty saturated there. I don't think your games are going to earn you much.
Better come up with something new.

:(
Something new like?

That's the part you have to figure out.

Interestingly, DiceBitcoin has made a foray without being trusted in the community.

Ideally you have a service that is unique and needed. Probably you should do something on the web  :)

None, there are already a lot of faucet, dice and etc. The best way is to come out with a new innovation one.

It's the middle for 2014. I think the only field that doesn't have that much competition is neuroscience ;D

How about PvP challenge game.Beat the scores of other players and earn bitcoin,like user play a game and submit it for challenge and add a reward.Then some other player will beat his record and get btc?

And how about this
User play a game for 0.001 BTC AND MAKE  a high score and submit it ,and the top 5 users will be paid weekly

In my opinion one of the best project to start nowadays is a game based on bitcoin because there are several websites with faucets, dice and gambling in general.

Yup it is very crazy.
I don't really understand why people have trusted it that much and invested over 5400 btc in the 1-month old site.

I must warn you, if it is a skill based game that you create, it will probably fail.  The problem with skill based games is that there are some people who will either find ways to cheat it, or be so ridiculously good at it, that nobody will play against them, there will be no point.

Good luck with that though.

My personal favorite was a gamedev who is making a space travel game which will use dogecoin as it's in game currency.  The transactions will all be extremely microtransactions (fractions of a penny) but for the developer, those transactions will really add up if millions of people are playing his game.

Take a look at it (http://www.vdsp.org/new/index.jsp?r=YWxkb20wNXBvbGFuY29AZ21haWwuY29t)

I can make the game much secure so no body can cheat it

If nobody was able to beat it, then nobody would want to play.

I think almost all of what you asked about are all quite popular right now to be honest. The key to finding something is to know you can do something unique, maybe offer a service that you do not see too often and state you accept bitcoins. Alternatively you could try some of the more popular ways and just work to make a profit. I personally do not feel you will make much easily though to be honest.

People are tired with dice,betting and gambling,They want games by which they can earn bitcoin.I have got great response from the people about this ''Deposit btc play game make high score and get paid weekly''.

Well, you might want to try out a game for your site. Just one game and then get help in here. Maybe a sig campaign or what. And then release new games when you have an influx and then so on. Might as well send PM to bitcoin gambling owners for suggestions.

I guess people needed a place to invest their BTC after JustDice closed its doors... There are other sites, but PRC Dice had its problems and Dicenow is effectively unusable when it comes to the responsiveness and speed of the site.

I know, I have no idea why there are so many bitcoins invested in that site.  It's relatively new too.

Instead of fixing the reward at 0.01 btc (as in your example), you should set up a plan to split the players' money.
Say for example, 50% to winner, 30% to 1st runner up, 15% to 2nd runner up, and 5% to yourself.

Yes that's good idea.
Thanks
Please future out two games

Flappy bird and Zuma deluxe

I'd love to start a dice site but competition is high and well I can't code ohere dammit

Study the environment first before you dive in business.

None of the above make for a good business at the present time
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