Bitcoin business idea

[clickerz]

Dude if someone had a successful business idea involving Bitcoin they wouldn't tell other people about it and sure as hell they wouldn't divulge it on a public forum 
The best way to avoid the saturated market is to find a niche and think outside of the box. Come up with something unique and the money will start rolling in.

But it is better to voice out your idea also to crowdsource a possible business with the help of community. A community based bitcoin project is good since from inception and implementation the community had share their part.

[Aamir1]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

If you have a good enough capital then among these options opening a brand new exchange with some new ways or improvements would be a great business to start, other than that if your capital is not that big then trading can be good too.

[Wandering Soul~]

I think I will go for blogging cause among all things listed above it is the most less risky but requires a lot  of time and effort .  For starters, I won't build my blog immediately but practice my skill instead by selling my articles to some sites like hubpages and if I think that my skill are sufficient enough, then it will be the right time to build my own blog .

Lending is a good way also but I will not lend a money unless there is a valid collateral . Lending is very risky cause borrowers can always run off with the money  .

[housebtc]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

If you have a good enough capital then among these options opening a brand new exchange with some new ways or improvements would be a great business to start, other than that if your capital is not that big then trading can be good too.

Exchange is the best with high profit potential among your list, but it also have the highest risk, there is need to consider a lot of things and most important thing is security of your exchange. Remember Mgox the issue is still on and recently Bitfinex also you need to have a solid go to market strategy to get your own market share

[error08]

I really like the idea of opening a freelance bitcoin job, if i had huge amount of money i will open a huge scale of online shop like amazon or ebay, i am sure if it is advertise correctly it can become larger than ebay and with bitcoin as payment the customer no need to be afraid of credit card information theft

Well, for people who already had huge capital it's not really hard  to start their own online platform to provide those shop services, just need right friends to help you develop it. I agree it will become larger than similar platform but using cash and credit card for the payment due to bitcoin advantages, but I think it better to include cash payment too if you want.
But for who that doesn't have big amount of money yet, I will choose to offer your skills/capabilities as service and saving what you get to start your business or investment.

[Digitalbitcoin]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

Great ideas to startup with bitcoin. I have already initiated few of above mentioned services as Blog and exchange Can check for blogs Coinsinfo Digital Bitcoin and pocket Bitcoin Guide  and have also offer Instant Altcoin Exchange with shapeshift. Thse are giving some good amount with offering advertising and referral programs. As well as offering services for bitcoin or with bitcoin is also one of great way to start business.

[knyolku123]

Bitcoin is good for business, and I think trading is good business although have many a risk. besides that, a blog also has profitable if you must diligent in posting your idea or any other. I think that business for my opinion.

[wwwbitabaycom]

Any business that takes cash/cards is a potential bitcoin customer. Think outside of the box

I started up an auction site www.bitabay.com  i guess we all have to try somewhere

[Xester]

I really like the idea of opening a freelance bitcoin job, if i had huge amount of money i will open a huge scale of online shop like amazon or ebay, i am sure if it is advertise correctly it can become larger than ebay and with bitcoin as payment the customer no need to be afraid of credit card information theft

I also think of this before, now i know that it called freelance job. Before i am thinking to advertise or post some stuff in ebay and sell it, my mode of payment should be in bitcouns but ive got a second thought and leave the idea because i was thinking that only few people are using bitcoins. But that was 3 years ago. Exchange and blog is also a good idea in bitcoins business. Its more passive income snd safe than the other suggested options.

[katrimans]

The best business idea that comes to my mind when I think of bitcoin is an online shopping platform like amazon or eBay, that is a bitcoin based platform where everyone can buy what they need and pay with bitcoin wallets instead of credit cards, the thing is the bitcoin community is missing paces to spend their hard earned money on , and a business like this will be very successful.

[nara1892]

Teaching how to trade bitcoin and altcoins. How to read candle sticks and how to make fundamental and technical analysis.

that is cool. it is not on the list, but thingking creatively is not an issue. I think teaching will not need so high financial capital of bitcoin. but it will need knowledge. well I think I prefer to Selling stuff in bitcoin and Freelance job in bitcoin. because I like selling and I am not a full time worker.

[Kray]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

For me I will try to start Blog and Trading.

[Wind_FURY]

What about a website like backpage.com? I believe there is great potential with that kind of service because there are a lot of shady business deals and offerings that need a medium that allows and encourages activities like hiring an escort. Bitcoin + a site like it would make hookers independent from pimps and will have wider coverage to advertise themselves.

[densuj]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

I think exchange, lending and trading are best choice because of they are commons business on real life,
But if you want make successful of business, make sure you choose one of there choice and focus in it.
You can not sit on two chairs moreover three chairs or you will be down.
It is not about choice of business, it is about focus in business. Good luck for your business.

[mrcash02]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

These kind of sites are already too saturated. I think doesn't worth to start a site like those you listed. Exchange there are some good sites, they are doing a good job and their service is enough for the currently Bitcoin enthusiasts; There are a lot of blogs, and most Bitcoin enthusiasts don't have interest on it, as they can read about everything here on forum; Poloniex has a nice service for who wants to lend money; Doesn't worth to start a BTC shop if you don't have reputation, nobody will trust your service; There are a lot of freelance jobs sites also, no reason to create more one.

[btccashacc]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

If i had a chance to build my own business i would like to create MMORPG games where people can earn bitcoin while playing it, however it needs more budget especially for promotion and development. Never crossed my mind to open new exchanger it's really difficult i mean security is most important also there so many competitor out there unless you're offering something unique so people will interested and join your site. Blog, Selling stuff in bitcoin, or freelance in bitcoin are good though, i just don't recommend  lending, as we can see many lending sites out there are not going well.

[bncbnc]

Bitcoin is good for business, and I think trading is good business although have many a risk. besides that, a blog also has profitable if you must diligent in posting your idea or any other. I think that business for my opinion.

yes agree with you. i think you also need to have some good knowledge about starting a business, i think starting business in bitcoin is a superb idea as the world is no getting more and more modernize, so we need to start business in new introduce currency of the world.

[Wind_FURY]

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

• Exchange
  
• Blog
  
• Lending
  
• Trading
  
• Selling stuff in bitcoin
  
• Freelance job in bitcoin
  

These kind of sites are already too saturated. I think doesn't worth to start a site like those you listed. Exchange there are some good sites, they are doing a good job and their service is enough for the currently Bitcoin enthusiasts; There are a lot of blogs, and most Bitcoin enthusiasts don't have interest on it, as they can read about everything here on forum; Poloniex has a nice service for who wants to lend money; Doesn't worth to start a BTC shop if you don't have reputation, nobody will trust your service; There are a lot of freelance jobs sites also, no reason to create more one.

That is very true and I have the same opinion. Instead of looking at the more obvious choices of online businesses with Bitcoin as the main currency, it is time for us to look at the dark web. It might be time for us to think of a better way for Bitcoin rather than looking for a way in using it as a replacement for fiat. It is time for us to help create and support a new economy that fiat money cannot penetrate. The dark markets are a growing industry and in the future it will be the main playground where Bitcoin will thrive.

[merchantofzeny]

I'm not knowledgeable with the first four so I'd probably just go with the last two. Selling stuff for bitcoin, it's possible to start with very little capital if you begin selling locally first. It's probably possible even without a website, you can just simply say you are accepting bitcoins for payment.

I'm planning on doing the last one. I'm saving up to take some short courses for graphic design and CAD. Then I can just hunt around online for work. If I can't find a platform, then I can just make a thread in the Services sub-forum.

[delliaerd]

Exchange and trading bitcoin have a same characteristics , with both of them we looking for big profit from thr fluctuations of bitcoin's price. It is good idea but if you done a wrong steps you will lose your money because both need good strategy and planning.