bestBTCdomains (OP)
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April 26, 2017, 11:32:44 PM |
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To create a Bitcoin or Blockchain startup but had to turn it into 1 mil , would would you do ?
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MingLee
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April 26, 2017, 11:42:43 PM |
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To create a Bitcoin or Blockchain startup but had to turn it into 1 mil , would would you do ?
Depends on the time limit. If I have to do it quickly, chances are I would develop a casino or something similar and see if I would be able to get a decent playerbase going so that there was some revenue flowing in at a decent rate, advertise it, add more features to it, etc. Stuff so that people keep playing and remain active. Maybe something similar to pokerstars, but with Bitcoin. Not creative, but it would keep people playing. Probably. If I have unlimited amounts of time, more lax ventures. Nothing special. Keep the money rolling in and keep re-investing.
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serjent05
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April 26, 2017, 11:51:47 PM |
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To create a Bitcoin or Blockchain startup but had to turn it into 1 mil , would would you do ?
Depends on the time limit. If I have to do it quickly, chances are I would develop a casino or something similar and see if I would be able to get a decent playerbase going so that there was some revenue flowing in at a decent rate, advertise it, add more features to it, etc. Stuff so that people keep playing and remain active. Maybe something similar to pokerstars, but with Bitcoin. Not creative, but it would keep people playing. Probably. If I have unlimited amounts of time, more lax ventures. Nothing special. Keep the money rolling in and keep re-investing. I would accept it if the terms goes in favor of me. If it requires an unfair setup i will definitely refuse the offer. If we both agreed then I will start looking for competitive developers, marketers and advertisers. They will be the backbone of the project. Then will have a brainstorming on what kind of project we will work on.
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freedomno1
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April 27, 2017, 12:22:14 AM |
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To create a Bitcoin or Blockchain startup but had to turn it into 1 mil , would would you do ?
More Bitcoin machines let the units dominate the world and allow the common folk* to purchase Bitcoin using their mobile phones. Well the ones who don't want KYC/AML * Common folk refer to people who can use a mobile phone to download a blockchain wallet at least ^^
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Believing in Bitcoins and it's ability to change the world
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Baby Dragon
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April 27, 2017, 12:25:50 AM |
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Did he gave me the 250k or invest 250k in me? Maybe if he invest invest in someone he didnt know probably non doubt he will be scammed by someone also when he invest in someone or invest in a company there also a chance of getting scam.
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digaran
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April 27, 2017, 12:43:04 AM |
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So now you need an $750K idea after failing to put your domain name in to a good use? people usually wouldn't give away their ideas specially if they're money making ideas, there are literally hundred ways to triple that amount and one of the most convenient ways would be to buy LTC now while it's considerably cheap and wait a few weeks for it to pump by whales and then you got your $1M that easy.
Blockchain is not at all near anything extraordinary rather the way which Satoshi putted different ideas and implemented an entire system out of a bunch of codes is. There can't be infinite opportunities to be taken advantage of by startups only what ever you do and try you are just entering the competition but still if you could offer something new or better it's something otherwise as you can see we have already thousands of junk coins and only a few are successful not to mention even those promising projects are mainly a mean to an end which is earning money by pump and dump strategy.
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GreenBits
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April 27, 2017, 12:48:19 AM |
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Did he gave me the 250k or invest 250k in me? Maybe if he invest invest in someone he didnt know probably non doubt he will be scammed by someone also when he invest in someone or invest in a company there also a chance of getting scam.
what a terrible answer, obviously this is asking what would you do if you had 250k for an investment and had to make a profitable good or service not would you take the money and run. This is a great idea. I have, since I got on board, been looking for a place to buy real world securities with cryptos. I don't even care about giving up my identity. Amazon was talking about a platform like this, but i haven't heard anything about it in a while. Bitcoin securities are suspect; having the certainty of a real security with the ease and instant (compared to ach) would be amazing. Thus would take more than a quarter million, however. The compliance alone would cost that. This is more.like a 10 mil -20mil idea. And if you ever get started on this, hit me up, I'm intrigued ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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bestBTCdomains (OP)
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April 27, 2017, 12:51:42 AM |
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Really cool thread so far . Love hearing this kind of stuff .
Who knows maybe we can collaboratively come up with something truly novel .
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Duzter
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April 27, 2017, 12:55:53 AM |
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People think that money making is quite a very easy task using bitcoin. This is not true, it has got the same difficulties as well the increased competence to be successful. So if the investment is expected to grow slowly then in a secured manner it'll grow. Else we cannot predict the outcome as we need to be lucky to grow it in a short.
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cybersofts
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April 27, 2017, 11:15:50 AM |
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People think that money making is quite a very easy task using bitcoin. This is not true, it has got the same difficulties as well the increased competence to be successful. So if the investment is expected to grow slowly then in a secured manner it'll grow. Else we cannot predict the outcome as we need to be lucky to grow it in a short.
The best way to invest in Bitcoins right now is BTC trading, I mean buying and selling bitcoins. forget about the mining bitcoins and keeping bitcoins as an asset for now... If you really want to make serious profit with bitcoins is through buying and selling... With your $250k you can double your initial capital in few months.
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Zoebwolf96
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August 02, 2017, 02:44:26 PM |
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Thanks for the help op
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ElPerrito
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August 07, 2017, 01:45:21 AM |
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People think that money making is quite a very easy task using bitcoin. This is not true, it has got the same difficulties as well the increased competence to be successful. So if the investment is expected to grow slowly then in a secured manner it'll grow. Else we cannot predict the outcome as we need to be lucky to grow it in a short.
The best way to invest in Bitcoins right now is BTC trading, I mean buying and selling bitcoins. forget about the mining bitcoins and keeping bitcoins as an asset for now... If you really want to make serious profit with bitcoins is through buying and selling... With your $250k you can double your initial capital in few months. We don't need startups and new projects. As this guy said, bitcoin and altcoin trading would make the initial capital 2x or 3x at least.
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NeutralSide
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September 05, 2017, 10:16:49 AM |
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I would be very happy and feel lucky if that happened
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mimedo
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September 05, 2017, 10:32:26 AM |
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If there is one, I will pray for that individual's salvation. Hallelujah!!!
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killerelite
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September 05, 2017, 12:36:35 PM |
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Probally use half of it in mining equipment and half of it in altcoins/bitcoins/stocks
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Turkiwi
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September 14, 2017, 02:45:57 PM |
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I'd go to Cuba and smoke a cigar. I'd invite the investor as well not sure if he'll be giving me another 250k anytime soon though
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