Which Business should be started with Bit Coins

I have seen many people have started their business with bitcoins like mobile recharge selling steam keys , etc and some of them are successful and some are not.
Tell me which business you will open with bitcoins a payment option.

Bitcoin gambling will always be in high demand for sure in coming days and i think there is still lots of room for new blockchain based bitcoin games where results are purely blockchain based which everyone can trust.

Quote from: Roboabhishek on October 25, 2016, 06:18:46 PM

Gambling seems to be the #1 so far, bitcoins work like chips, easy to move around and dont have to give away you gambling winnings in taxes to gov.

Quote from: Roboabhishek on October 25, 2016, 06:18:46 PM

I will take it in real world.

Physical goods like clothes, apparells, accessories or anything under the sun that is demand in your place and it will be sold online. Here in my country, online selling is really on hype today and there are lots of it in social medias especially on Facebook. If the owner of that selling group will accept bitcoin then that is an additional option for those customers while at the same time a small form of bitcoin advertisement.

In the online game Im playing right now, Im selling unbound diamonds and Im accepting bitcoin as mode of payment although only few of the players there known what bitcoin is.

I'm thinking that every business can be successful, it's important how you promote that business, and how good you are in advertising.
Key of successful business is not just choosing right item for selling, it's combination of that and placing that on right place and presenting it to right people.
Clothes, digital goods, computer and mobile accessories, I think this ties are selling good online, probably things that have connections with pornography are selling good also.

We all can have different ideas but it's also important who are your aimed customers. Are you planing an online or physical business available only in your local community or worlwide? Maybe it would be good to do some research what goods and services are wanted and needed in your community and then be oriented to that.
This could help to minimaise expenses and enlarge the possibility to success.

Quote from: Roboabhishek on October 25, 2016, 06:18:46 PM

Hell, I don't know what I could even remotely consider starting. There might be something to look at in the online gambling marketplace, but aside from that, it looks like there are a lot fewer options than one would expect. There really aren't that many things one can do that are original or new to the marketplace and will have a decent market share.

I think for me is for cellphone like openline that can you pay with bitcoin such as iphone unlock icloud lock..
But the problem i want to start making my own software that can easily use just to buy a credit for me.. and they can use the software to unclok their mobiles that they can use al simcards..

If you think that there are many meaningful businesses that you can make that could rely entirely on the Bitcoin economy you're already failing. The existing markets are already quite saturated and it would take a highly-original idea in order for you to consider earning a decent amount off of your business. Too many companies exist for too small of an economy.

The gambling aspect is saturated and dead sites can be seen all over the forum,why copy the same path when it is showing little profit.
The established sites will continue to attract the majority of the players and you would have to dump a arm and a leg in bonuses and freerolls to attract players that would just go back once you are bled dry.

One spot that I continue to have problems with is sites that allow you to convert bitcoin into other payment forms.
Say giftcards for bitcoin,the sites that do this are regional and mostly American.
Finding a way to convert bitcoin into pokerstars funds would be a real big boost but of course stars would have to play ball. Have known them to allow things if approached correctly in the past,but most people do not know how to engage them in the right way. Not saying I do either but I know people have problems moving funds in and out.

For me an online shopping site is much better and especially when I have an offline shop with the same name then people will have trust on my shop and will like to shop from my store. some people will say that there are already some bitcoin shopping site but they are indirect shopping sites which work only as a link between you and shopping sites but I will start a direct shop from me.

Bitcoin probably works best when paired with digital services (downloads) and a payment processor like Coin Payments.

The transaction just takes too much time for you to walk into a store and purchase physical goods with Bitcoin. I know that people have tried but it will probably never become a mainstream form of payment in the physical world.

2 cents