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Author Topic: Looking for potential Investor/s.  (Read 1818 times)
BitHub (OP)
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August 31, 2015, 09:18:52 AM
Last edit: September 23, 2015, 08:55:44 AM by BitHub
 #1

Hello, I have a cheap project i would like to work on. I already have the dev who is very affordable and good. We did a project together http://btc-manila.com (which shows the buy and sell prices of the different bitcoin brokerage sites in the Philippines). It turned out great and cheap, and i would like to do another project with them on a slightly bigger scale. I'm am looking for a partner who can be the investor of this project. I am roughly looking for about $3000 usd. I am not greedy on percentages, because mostly i would just like to see this project done, as i think it would be hugely beneficial to me personally, and other Bitcoin Traders.

The project i want to do is something similar to cryptowat.ch or bitcoinwisdom, but focusing specially more on the bids and asks of bitcoin exchanges (visual orderbook depths). Take a look at this site for example: https://www.bfxdata.com/orderbooks/btcusd   // The bottom half of it, in the middle is what's known as the visual orderbook depth chart. What i want to do is have a website where i can view the visual orderbook depths, for all the major exchanges, about 5-6. Another feature i want to add is where you can see all the trades from all these exchanges take place, but be able to filter it. Example, i can select to view only 50+, 100+ 500+ 1000+ btc trades...Giving you a better idea of the more bigger whale trades that are involved.

To make money from it, i would like to offer ad space for companies to advertise on. But, also after building it up and marketing it, i will be looking for an exit by possibly selling it to another person for a good amount of BTC, making the investor some very good profit in return. I do have some other projects i would like to work on the investor with in the future as well, but i think this will be a good first time project for us to work on. So if this is something that seems good to you, please send me a PM or comment. We can talk further and skype as well... Not too much trolling please. This my first time to offer something serious on here and wanting to do a very good, professional job of it. Thank you.

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BitHub (OP)
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September 02, 2015, 01:00:06 AM
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hmmm ok no comments yet, any feedback on how i can make this more appealing?
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September 02, 2015, 01:08:22 AM
 #3

hmmm ok no comments yet, any feedback on how i can make this more appealing?

You could explain what the $3,000 is for and why you need it.  It seems like someone with past development experience wouldn't need this sum of money to create a site that does what you are seeking to do.  That makes me think that you or your developer lack the faith in your brainchild and want to be paid up front for your development time to build what you want.  

I apologize if you feel this is trolling.  I am just trying to share my thoughts with you.  I think developing the site first and then seeking investors once you have advertiser or user data would be a better way of going about it.  Many new users come here looking to scam.  Unfortunately the burden of proving your are legitimate falls on you and without a product it will be difficult to convince people that you are not just seeking a free $3,000.

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Branny
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September 02, 2015, 05:58:32 AM
 #4

hmmm ok no comments yet, any feedback on how i can make this more appealing?

You could explain what the $3,000 is for and why you need it.  It seems like someone with past development experience wouldn't need this sum of money to create a site that does what you are seeking to do.  That makes me think that you or your developer lack the faith in your brainchild and want to be paid up front for your development time to build what you want.  

I apologize if you feel this is trolling.  I am just trying to share my thoughts with you.  I think developing the site first and then seeking investors once you have advertiser or user data would be a better way of going about it.  Many new users come here looking to scam.  Unfortunately the burden of proving your are legitimate falls on you and without a product it will be difficult to convince people that you are not just seeking a free $3,000.

I second this, you need to present a comprehensive plan as to what the money is for, how it is allocated, who you are, more about your history and if there's a team in place to do it. A proper business plan will help you go a longer way than just asking for money.
BitHub (OP)
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September 02, 2015, 06:33:23 AM
 #5

hmmm ok no comments yet, any feedback on how i can make this more appealing?

You could explain what the $3,000 is for and why you need it.  It seems like someone with past development experience wouldn't need this sum of money to create a site that does what you are seeking to do.  That makes me think that you or your developer lack the faith in your brainchild and want to be paid up front for your development time to build what you want.  

I apologize if you feel this is trolling.  I am just trying to share my thoughts with you.  I think developing the site first and then seeking investors once you have advertiser or user data would be a better way of going about it.  Many new users come here looking to scam.  Unfortunately the burden of proving your are legitimate falls on you and without a product it will be difficult to convince people that you are not just seeking a free $3,000.

OG not trolling at all, its actually very good feedback. Well i'm not a developer. 3000 usd was a very liberal figure, the guy i was going to ask to develop this for me quoted me around "2000-2500 usd with 4 months of support for it." I'm not saying $3000 is the final figure, it is something i would work out with the investor and dev, i just didn't want to short change myself and give a lil buffer just in case a lil extra cash is needed. Plus it would be used for domain registration, server. Branny from RentalStarter? You should know me already, i use to be an investor in RS Smiley

Anyway, yes the money is purely being used to pay the dev for development (who doesn't have any equity), domain name, and server. None of this is for me personally. Like i started 3000 usd is a liberal figure, i'm hoping to make it cheaper than this and if its only 2000, or 2500, then very good. Btw i'm not asking for the full amount because i wouldn't pay the dev the full amount straight away, just enough to get him started and if we both agree its good, will finish the final payment. The team would consist of Me an the investor and dev, but only the investor and myself would have equity in this site.

Thanks for giving me a chance to explain more, hope this helps clear things up.
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September 18, 2015, 05:36:56 PM
 #6

Like the idea. Have you tried making a profile on angel list? Or reaching out to people on LinkedIn?
BitHub (OP)
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September 21, 2015, 03:14:46 PM
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Like the idea. Have you tried making a profile on angel list? Or reaching out to people on LinkedIn?

Thanks man i appreciate it. I haven't used the Angel List or LinkedIn, as i don't think the money i'm asking for is big enough and the project isn't big enough to use those networks. I think this project is perfect for someone here or a group of people here, looking to get in on something. I have other websites that i would like to do with the dev also after this, that would make a nice portfolio of bitcoin related websites. But this would be good project for myself and the investor/s to get our feet wet together first.
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September 23, 2015, 02:37:47 AM
 #8

Very good a service. I really appreciate it.
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