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Author Topic: Some questions before launching a new project  (Read 649 times)
amirgames (OP)
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January 14, 2017, 05:57:33 PM
Last edit: January 18, 2017, 04:37:51 PM by amirgames
 #1

Hello everyone

I'm preparing to launch a new project with Bitcoin as its accepted currency.

This will be my first project dealing with bitcoin, so I'm trying to be able to give some answers to my customers if they have any, and this forum is the best place that I count on to educate myself.

I'm expecting to bring in new users for the Bitcoin world as I have already a few followers from another project, but I think the majority will be new to Bitcoin, so it is most probably they will ask me some questions about how to get some Bitcoin and stuff, so I'm trying to ask these questions here and looking forward to your feedback.

1- Where is the best place to Buy/Sell Bitcoin which has the most convenient methods to Buy/Sell and supports as much countries as possible?
Of course I'm looking for the most trusted places because I will be recommending these places to my users, will be great if these places offers affiliations/commissions as well as this will help in the development and will give me some fund to make the users happy with bonuses and such.

2- Where are the best places to count on when looking for the BTC/USD rates?
I see different websites stating different rates and I'm not sure which one should be my reference.

3- What is the best place to trade Bitcoin at?
This might be an option for me later if my project gets some attention and succeeds, I think it will be better to make use of a profit than keeping it in a cold storage.

4- Is it possible (anymore) for a Bitcoin payment to gets confirmed if it has no fees?
Most probably the users will ask this question and I'm not sure of the exact answer still.
If it isn't possible, is there a way/method one can take to support no fee transactions? I know this might be naive to ask as there are costs and electricity bills that have to be paid but I'm sure there are thousands and thousands of people out there who are leaving thier PCs running 24/7 anyway and might collaborate in this, I know that it is a part of the minning process to confirm transactions but it is a thought anyway, I remember first thing I read about Bitcoin long time ago was talking about the advantage of no central authority and 0 fees transactions between bitcoiners.

I had more questions in my mind than these when I first thought about launching my project but it seems I have forgotten them, anyway I think that will do it for now and I hope you won't mind more questions later if I remember something Smiley

This is my first post on the forum here so excuse me please if these answers have been posted somewhere, I already did some research and found some answers but still can't count on them as they might be related to different subject and I thought it would be better to group them in a separate thread that I can easily get back to it later, and it might be helpful for some other new users like me as well.

I will announce about my project launch soon on the appropriate section (Marketplace > Services ?), and I have my hopes up that you will find it something different and new

Thanks in advance.

EDITED to add the 5th question.

5- Is it good or bad to include a note in the transaction, like "amirgames withdrawal"?
It will be a good payment proof for my users.

jacee
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January 14, 2017, 06:04:02 PM
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Hello everyone

1- Where is the best place to Buy/Sell Bitcoin which has the most convenient methods to Buy/Sell and supports as much countries as possible?
Localbitcoins I think supports almost country and there are several payment methods you can use so it really is reliable.

Quote
2- Where are the best places to count on when looking for the BTC/USD rates?
Personally I look at preev rate. It's higher than the local rates. I don't know what others are using.

Quote
3- What is the best place to trade Bitcoin at?
Trade bitcoin to altcoin or trade bitcoin to fiat?
localbitcoin for fiat trading, paxful, bitfinex, bittrex for alts, c-cex poloniex.


Quote
4- Is it possible (anymore) for a Bitcoin payment to gets confirmed if it has no fees?

No. You need to send a transaction with enough fee to get confirmed.
pooya87
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January 15, 2017, 05:58:26 AM
 #3

1) it depends on where you live and what method of payment you want to choose. for example in US and with bank the best is Coinbase, but with cash it is localbitcoins, with credit card it is cex.io and so on.

2) check exchanges you want to use for selling, if you use coinbase then check that, if bitfinex, bitstaml, btc-e,... check them respectively. preev.com gets the price from these last three and shows it to you.

3) this is like your first question, there is no best place for everyone. there are some top exchanges that i have named so far you have to pay a visit to each of them, see if they accept your country, your method of deposit and withdrawal, their fees and then check online to see some feedback and if they are legit or have some complains against them then choose to use one of them.

4) yes it is possible. but the if the possibility was (% are examples) 1% 2 years ago not it is 0.01% because it is still up to the miners to pick a transaction with 0 fees or not to include in a block. but since now there are so much more tx and blocks are full they obviously not going to choose a 0 fee tx.

- it depends on what your project is, it can be in service announcements or project development board.

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amirgames (OP)
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January 18, 2017, 04:44:24 PM
 #4

Thanks jacee and pooya87 for your answers.

It doesn't matter much where I live, most important is countries coverage by these sites as to help my users find the suitable and trusted place for them.

Mastsetad
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January 18, 2017, 05:27:17 PM
 #5

1: Localbitcoins.com seems to be the best place for buying or selling bitcoins. Though i don't know if how it works for buyers but selling is done very smoothly there, i have tried it.

2: I actually just google it when i want to see it, but you should actually focus on the price in the exchange you are going to use to sell/buy bitcoins.

3: There are a lot of exchanges worth trying, you can start from anyone you like by its users interface, yobit, bitfinex, bitrex, poloniex etc.

4: It does not seem to be possible for a transaction to get confirmed without any fees anymore, because your fees decides if how much time your transaction would take.

5: No idea.
BitcoinBarrel
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January 19, 2017, 06:14:47 PM
 #6

It depends on how you send the payment whether notes really public or not. I was using Blockchain.info api for a project and notes were showing, but now they are not. The notes were only visible on blockchain.info website and NOT on the blockchain itself.



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