Best Bitcoin Business To Create?

[vasrasus]

For my country the best business for bitcoin is an exchanged and money remittances services. Because there is a lot of overseas worker here and they always sending cash using money remittances with huge fee. I think bitcoim is perfect on that purposed because it is fast and reliable. The transaction also is very small even though the country you will ne going to transmit is very far as long as there is an internet connection.

[jacktheking]

There is no business that can be defined as 'best'. It greatly depends on how much investment you have and a lot of other factors. However a general idea is to start a business that sells goods or services that help solve people problem. Some of the these that is related in to cryptocurrency field is trading, gambling and news platform. Trading as ... well, it is a currency. Gambling because a lot of people is starting to purchase Bitcoin just for gambling. News because Bitcoin is a new technology and a lot of people is always looking for information about it.

Some other small business you may consider are faucets and forums (make sure you have something better than Bitcointalk though).

[Labumi]

For my country the best business for bitcoin is an exchanged and money remittances services. Because there is a lot of overseas worker here and they always sending cash using money remittances with huge fee. I think bitcoim is perfect on that purposed because it is fast and reliable. The transaction also is very small even though the country you will ne going to transmit is very far as long as there is an internet connection.

Well it's the most easy and business to do. Because the bitcoin system uses a very good compared to other systems. But if we see that all the countries have not been able to use the business you mentioned, because I think it will create a problem for those who do it. Because every country has the same policy (protecting any existing transaction), in the bitcoin country can't do control in any transaction

[yayayo]

The question shouldn't focus on Bitcoin only. A good business idea should work universally. I know, a lot of pretty clueless people already recommended gambling sites and the like. Besides that it requires significant technological expertise and investment to set up such a site securely, you already face significant competition professional companies.

Therefore my recommendation is an entirely different one: Agriculture and/or food distribution. While different kinds of services are offered all over the place, the Bitcoin economy lacks activity in the primary sector. As a provider of general food products for Bitcoin you would have truly a first mover advantage and be able to capitalize on excess demand in this field. Advertising would be easy because of the novelty factor. At the same time you would close a critical gap in the Bitconomy that still is a major obstacle for the general establishment of direct Bitcoin transactions without subsequent fiat conversion (everybody needs to eat, so people earning Bitcoin could buy their food directly from you without needing to rely on fiat anymore).

ya.ya.yo!

[clickerz]

For my country the best business for bitcoin is an exchanged and money remittances services. Because there is a lot of overseas worker here and they always sending cash using money remittances with huge fee. I think bitcoin is perfect on that purposed because it is fast and reliable. The transaction also is very small even though the country you will be going to transmit is very far as long as there is an internet connection.

Definitely remittance business using bitcoin is a good one.As long as there are demands and customers like overseas workers,business will be thriving. The low charges when sending,secured and fast is one of the reason why they will choose this route.Of course oversea workers are always looking for the value for money services. The only drawback is the fluctuating exchange rate.

[chixka000]

The question shouldn't focus on Bitcoin only. A good business idea should work universally. I know, a lot of pretty clueless people already recommended gambling sites and the like. Besides that it requires significant technological expertise and investment to set up such a site securely, you already face significant competition professional companies.

Therefore my recommendation is an entirely different one: Agriculture and/or food distribution. While different kinds of services are offered all over the place, the Bitcoin economy lacks activity in the primary sector. As a provider of general food products for Bitcoin you would have truly a first mover advantage and be able to capitalize on excess demand in this field. Advertising would be easy because of the novelty factor. At the same time you would close a critical gap in the Bitconomy that still is a major obstacle for the general establishment of direct Bitcoin transactions without subsequent fiat conversion (everybody needs to eat, so people earning Bitcoin could buy their food directly from you without needing to rely on fiat anymore).

ya.ya.yo!

You have a great point their mate that is a certain taught that needs to be in a possible research and development. I just don't like the food business idea especially in our place in which we are getting more than 10 typhoons yearly so it is merely impossible for us to be able to get our profit. Yet if we go on the processed one then i think we could at least make it.

[calkob]

If i knew that i wouldnt be spelling it out on here, lol i would be busy trying to set it up. 

[dotajhay]

What is the best bitcoin business to create that will grow throughout 2017?

Maybe you can try in this following list but you need money and patience to invest.

1. Bitcoin Faucet (Very risky but you can earn alot of bitcoins by ad networks but you need a knowledge about SEO, CSS, Web Developing and putting a security in your website, you need to invest alot of money for traffic and spreading your ad banners)
2. Bitcoin Gambling Site (Just like a bitcoin faucet you need to invest alot of money too)
3. Bitcoin Wallet (Not just a simple bitcoin wallet, Like coins.ph has many features like Paying in Remittance center, cash in through convinient store, and paying bills, you can get paid by % for the people who paying bills and selling cellphone load)

For me building a bitcoin business is so hard you need to be patient and invest alot of money to become successful like real life business.

[nara1892]

I can't determine what best business in 2017, because I haven't discover the strength and weakness of each business. probably I can mention some examples of good business.

1. exchange (just in countries that people just start learning bitcoin)
2. bitcoin accessories (well, I think many bitcoiners are interested in having bitcoin accessories in order to show off bitcoin to others. IMO)

[JITENDERPAR3]

What is the best bitcoin business to create that will grow throughout 2017?

last night a new idea comes in my mind fir new bitcoin business .
i am now thinking to make a new altcoin , but i have not much bitcoin or Money so i can't do the same atleast for 5-10 year .
but if you have 10-20 btc then you should launch a new altcoin and make money from its transaction charges .

[sobsitesearch]

If you have a lot of money just start an exchange fiat to bitcoin and bitcoin to fiat i think that is one of the best business we can do in bitcoin. Or enroll in online shopping then you will accept bitcoin as mode of payment.

[x4]

I think make a unique gambling game or casino that different in any gambling casino here.. so that you can get more people to gamble in your site if you make a newly game that you can gambel and entertainment for a long time ..

Well if you want to make some gambling sites which are unique there are some requirements also, very first is your capital, it must be in a range of 1000 btc together the website and many aspects that completed as a gambling site. But as OP maybe i can suggest that you have to hire some devs that is expert with cryptocurrency and make some alts that will contribute to crypto world.

[btccashacc]

What is the best bitcoin business to create that will grow throughout 2017?

There is a lot of possibilities but It all depends on how much you money you have to invest in your project (It could cost millions). I wouldn't even think about opening a gambling website or an exchange as there is a lot of competition and unless you will have the lowest fees and unique systems , It just not worth it.
Instead , you could make a Bitcoin ad network . Some people might say that there is a few of them but I'd say none of them is really a serious business and most of them get accused of scam after a while so we need something high quality like Google Adsense but simply pays in Bitcoin.

Yeah i was thinking the same thing, we need high quality of bitcoin ad network btw as a publisher i've joined with some bitcoin ad network but it wasn't going well the rates are too low in my opinion, So if you want to build ad company don't focus on just bitcoin related i mean you could get advertiser from all of spectrum yeah like Google Adsense but accept bitcoin as a payment method as we can see there is a few of them decrease their rate's due to the lack of the advertiser use their service.
Hoping this would happen in 2017.

[Teraboy]

There are some criteria in my ming we should for considering about that,
1. Will minimizing the risk in your business.
2. It's not easy get expired it's means the business are not gonna be a short term,
3. Can supporting the universally characteristic, it's mean can be a globally and that's will affecting your business can be more and more everytime.
4. There is a no of competition or just a little, will making a more chance for you for reaching your goal on your business
5. Every time and every second there are a people are always need your business or service.

And I just preferring into as for as the exchanger site/trading site, seems like it's can be a globally and a lot of people in the world anbd especially for thebitcoiners are always need it. and i would wanna say if you can developing your service with a new ideas or system or trying for making a new breakthrough.

[Positid]

I think make a unique gambling game or casino that different in any gambling casino here.. so that you can get more people to gamble in your site if you make a newly game that you can gambel and entertainment for a long time ..

Well if you want to make some gambling sites which are unique there are some requirements also, very first is your capital, it must be in a range of 1000 btc together the website and many aspects that completed as a gambling site. But as OP maybe i can suggest that you have to hire some devs that is expert with cryptocurrency and make some alts that will contribute to crypto world.

The capital is really the important thing as that would make to realize our goal to build a gambling site, and we are talking here of serious money because there are a lot of factors that needs to consider in starting an online gambling sites, the promotion itself will already require you to spend a decent amount of money.

[wikenpp]

I think make a unique gambling game or casino that different in any gambling casino here.. so that you can get more people to gamble in your site if you make a newly game that you can gambel and entertainment for a long time ..

Well if you want to make some gambling sites which are unique there are some requirements also, very first is your capital, it must be in a range of 1000 btc together the website and many aspects that completed as a gambling site. But as OP maybe i can suggest that you have to hire some devs that is expert with cryptocurrency and make some alts that will contribute to crypto world.

The capital is really the important thing as that would make to realize our goal to build a gambling site, and we are talking here of serious money because there are a lot of factors that needs to consider in starting an online gambling sites, the promotion itself will already require you to spend a decent amount of money.

Starting capital is the fuel of every venture. If it's run out it's the end of the journey, it's as simple as that. But with the social media available and tutorials you will see that the promotion can be rather cheap. So you can use the most of your funds for salary and development.

[Wind_FURY]

To be honest here the lucrative businesses in Bitcoin are still based on the darknet businesses. The idea is to look for markets where there are inefficiencies regarding payment matters. Bitcoin fit perfectly well in the darknet because there is no way you could get paid for illegal goods using legal payment processors. The other idea to look for is to find how Bitcoin can open up new markets. An example is an exchange for multi player online game items. I believe trading Warcraft and Diablo 3 items is still popular online? A successful exchange market for that using Bitcoins would be really good to see happen if someone can find a way to set it up.

[Wandering Soul~]

It is actually based on how much money you have for your business but I can still give you some ideas:

1).Bitcoin Wallet that allows exchanging your coins to fiat. (The more currency the better)
2).Gambling site (Requires a lot of money plus it can cost a lot when you're promoting it)
3).Bitcoin to altcoin exchange site
4).Bitcoin Debit Card Services
5).Bitcoin Lending

[Ryananda]

There are lots of best business in bitcoin. Such as making gambling sites or trade. Or maybe invest bitcoin would be a good choice in 2017. Since that year bitcoin well developed so it is suitable for investment.

[yayayo]

The question shouldn't focus on Bitcoin only. A good business idea should work universally. I know, a lot of pretty clueless people already recommended gambling sites and the like. Besides that it requires significant technological expertise and investment to set up such a site securely, you already face significant competition professional companies.

Therefore my recommendation is an entirely different one: Agriculture and/or food distribution. While different kinds of services are offered all over the place, the Bitcoin economy lacks activity in the primary sector. As a provider of general food products for Bitcoin you would have truly a first mover advantage and be able to capitalize on excess demand in this field. Advertising would be easy because of the novelty factor. At the same time you would close a critical gap in the Bitconomy that still is a major obstacle for the general establishment of direct Bitcoin transactions without subsequent fiat conversion (everybody needs to eat, so people earning Bitcoin could buy their food directly from you without needing to rely on fiat anymore).

ya.ya.yo!

You have a great point their mate that is a certain taught that needs to be in a possible research and development. I just don't like the food business idea especially in our place in which we are getting more than 10 typhoons yearly so it is merely impossible for us to be able to get our profit. Yet if we go on the processed one then i think we could at least make it.

I'm quite sure that you wouldn't even have to compete with conventional agriculture in terms of pricing. If you offer direct shipping for Bitcoin and focus on organic food or food of documented origin you could sell your products at a significant premium.

You don't need to offer fully processed food. There are niches in the food market which have high margins and can be served with minimal processing. Think of nuts, seeds and especially dried fruits / vegetables. These perfectly fit the current health trend and can be stored and shipped easily and at comparatively low costs.

So you don't need to start with huge investment. Even as a small producer you will be profitable if you focus on the right market niches.

ya.ya.yo!