Bitcoin business idea

[mindrust]

You don't need to own an exchange while you have localbitcoins.com.

Why don't you open a localbitcoins.com account and do the good ol' "buy low - sell high thing"?

In where i live, margins are like %10. It looks pretty high to me.

It may change from country to country but it is worth taking a look. And the more people do this job, the less profits you'll be making in the future. So I guess it won't be sustainable at some point.

[susila_bai]

I wanted to create a E commerce Bitcoin related online store where all products are sold in bitcoins payment system with less margin.

[sportis]

The way i see it anything which is known worldwide so that many users with different fiat need it and is easier and/or more safe to pay with bitcoin. Such as, to sell subscriptions in host file servers and licenses for software. The reason is pretty simple; I use these services and I really hate to give my credit card personal details because I have no trust to them. Therefore, use paysafe or prepaid cards or something with less risk. Bitcoin is perfect, imo, for this kind of business 

[andrei56]

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
  

The idea that needs almost no investment is to begin a small freelancing job in bitcoin, you obviously need some kind of skill or knowledge but I think it is the safer option if you can pull it off.

[d5000]

I have an idea of creating an exchange which will work without any registration. When Bob wants to sell BTC, he goes to the site, creates a one time account, which will be automatically deleted after the deal has finished, enters the amount of a fiat currency he wants to receive, and provided with a Bitcoin address and the amount of BTC he must to transfer, and asked to provide the credit card number he wants the money to be transferred to. After two confirmations he receives the money.

Isn't that what shapeshift.io is doing? Or am I understanding you wrong?

On topic: What I would like to see (but don't want to do it myself so I let the idea for others ) would be a good and well-managed ad/monetization network that targets publishers and advertisers in most major languages (Yes, I know A-ads and coinURL, but they're not really "global", unfortunately).

Bitcoin here could excel as a payment for publishers and advertisers, because it gives the ad network the chance to attend clients in many countries without the hassle to find payment providers.

[ASHLIUSZ]

I wanted to create a E commerce Bitcoin related online store where all products are sold in bitcoins payment system with less margin.

An online store completely functioning with bitcoin alone as the payment option is not the right decision. You need to have few more payment gateway access. Only very few users were using bitcoin for shopping needs, others prefer the fiat. So more the payment access more will be the profiting chances even if the margin is small.

[Wowcoin]

Maybe I will choose the exchange because many people now struggling to have their exchange bitcoin cash particularly Nigeria. I will take international exchange online for all and not to struggle with people changing their bitcoin.

[jakelyson]

The idea that needs almost no investment is to begin a small freelancing job in bitcoin, you obviously need some kind of skill or knowledge but I think it is the safer option if you can pull it off.

That is not a business but a job and almost everyone is doing that thru signature campaign.

My idea is to start a room for rent paid thru bitcoin and managing thru blockchain. It will be easier to manage and get paid without getting tHe payment yourself. Just assign a btc address per room and clients will use that to pay you.

[AicecreaME]

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

And they are going to pay you bitcoin in return? I don't think so. You have learn bitcoin just for free, and I know that you have asked somebody about it. how to do it, what to do to earn bitcoin, stuffs like that when you were just a newbie in the crypto world, but nobody asked you for bitcoin in return, I'm sure about that, except if that certain person worship money then maybe he did ask you in return.

But this, teaching somebody how to trade or so whatever about earning bitcoin should not be a business to ask bitcoin in return, because it would be better if you are just going to help them with that and it feels goods to help somebody than ask something in return.

[Sadlife]

Honestly all of the above are pretty good choices as you can earn good amount of bitcoin.
But the decision is pretty much up  to you. Which in those things are you good at ?
You should first ask yourself that coz what's point in picking business when you're not good at it and not comfortable.

[Yanisumin]

Honestly all of the above are pretty good choices as you can earn good amount of bitcoin.
But the decision is pretty much up  to you. Which in those things are you good at ?
You should first ask yourself that coz what's point in picking business when you're not good at it and not comfortable.

True, doing something you're not good at only put too much strain on you ( physically and mentally ). We must learn along the way and keep the decision to ourselves of what we want and love to do. Even when pursuing something big but not our passion, you can be good at that but only average. This is the problem to people these days, trying to fit in to something that they don't want. Wrong league. Business is a trial and error process sometimes but we must consider what skills and knowledge on that particular field or else we're just going to lose. We maybe able to keep up but not for long. Be yourself.

[zidanw]

I will sell goods at dikarena bitcoin bitcoin prices often change it a distinct advantage for sellers to add to the price in accordance with the wishes and make services sell/buy fiat to bitcoin

[xSkylarx]

I wanted to create a E commerce Bitcoin related online store where all products are sold in bitcoins payment system with less margin.

I'd rather go with a gambling site than making creating an E-commerce bitcoin related online store, because you might lose a large of profit here, considering that not all of your stuffs you sell there is going to be buyable and everybody would love it, though in a gambling site, it maybe requires a large amount of capital to make one, but at least, you are sure that you could earn a lot of money here if, your games here are pretty interested and are not boring to play with.

And having a game like this would need a lot of time for you to think about, what is this game, it should be unique compare to the games on the gambling sites right now, and so on.

[Text]

I will start from a low level of dificulty like blogging, I will make articles of current trends about crypto world, I will publish informations what they should know in bitcoin community and I will apply it on different advertising network. I am open to freelance job like social media promotions to increase my networks.

[BitcoinPC]

I think we all are already doing business. Like who knows about bitcoin, they are doing investment and trading, and also doing some other work from the workers than they pay in bitcoin, People use the bitcoin in amount transfer. So for me, it is not difficult to tell you, that i am already doing trading and investment and also gambling. So it is my business with bitcoin.

I have a bitcoin business before and actually there are two. My first bitcoin business is referral business, I hired people to advertise my link all over the facebook groups and in that way I can get more referrals from the people playing in the dice game I owned. At first I was earning good since good dice players are coming in but as time passes by there are no more good players so I stopped my business. My second business I selling load, I am converting my bitcoins into load and sell it and by doing it I am not just earning online but also offline.

I am impress with you, you are doing very well business on online. But You know every business not always give us good earning forever. So same situation with bitcoin, not always bitcoin give us profit, sometime it give us lose, but it is depend on ourself how we recover our lose and make money from it.  

[batang_bitcoin]

I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.

[BlackPanda]

I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.

it is an effective way. sold goods to accept bitcoin payments could make bitcoin is increasingly recognized by many people. some people get interested, especially if we give special discounts to bitcoin payments.

[Mr.grin]

I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.

well, it was very nice. BTC payment alternative uses may be advantageous if one wants to pay in the form of bitcoin. it can facilitate the bitcoin users to pay, and also it could be a return on investment for people who receive payments using bitcoin.

[batang_bitcoin]

I will try to start up by selling stuff with bitcoin and of course that's other option for it. If people are interested to pay me with cash or they are wanting for a COD transaction. I will allow them to do so, this is the most in demand type of payment transaction but with bitcoin it's another good choice.

well, it was very nice. BTC payment alternative uses may be advantageous if one wants to pay in the form of bitcoin. it can facilitate the bitcoin users to pay, and also it could be a return on investment for people who receive payments using bitcoin.

It just another option if you are into selling of stuffs online but that's a good way to promote bitcoin. Since many still doesn't know what is bitcoin I guess it will be beneficial if I'm going to reserve the payment through cash and other way of payment. This is a very effective way of earning and I did this before but stopped for now.

[andrei56]

The idea that needs almost no investment is to begin a small freelancing job in bitcoin, you obviously need some kind of skill or knowledge but I think it is the safer option if you can pull it off.

That is not a business but a job and almost everyone is doing that thru signature campaign.

My idea is to start a room for rent paid thru bitcoin and managing thru blockchain. It will be easier to manage and get paid without getting tHe payment yourself. Just assign a btc address per room and clients will use that to pay you.

I never said it was a business, but if successful it could develop into one if you are able to manage your money well and instead of doing the job yourself you begin to hire people to do the job for you instead, so like you can see, almost anything can be converted ion a business with the right skills.