Bitcoin business idea

[Dorky]

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 would go entirely for Exchange, i.e. being an exchange operator. Nothing else.
Why?
Blog is for writer. Bitcoin being technical + financial is more suitable to non-writing business.
Lending has risk of non-payment unless you require collateral.
Trading is a 100% guarantee-to-fail business unless the market is very immature (latency difference that can be easily captured) and you have unfair advantages over market information and speed.
Selling stuff only if I already have existing business in place.
Freelance job only for those without a stable job.

[royalfestus]

I just wish bitcoin can be paid out in dollar through humaniq, reaching every un-reached and closing the gap of not spending bitcoin on a daily use. Bitcoin should work towards spending not storing alone. i believe the more the spending, the more the purchasing power, the more the value.

[pooya87]

~
I would go entirely for Exchange, i.e. being an exchange operator. Nothing else.
~

actually going in for Exchange platform is a 100% guaranteed fail. there are currently successful and big exchanges that people trust and use, if a new one comes along they won't just give up what they are used to, for a new, unknown, untrusted place.

[dwieyani]

a thought about bitcoin will bring good results or not his future.

[Dorky]

~
I would go entirely for Exchange, i.e. being an exchange operator. Nothing else.
~

actually going in for Exchange platform is a 100% guaranteed fail. there are currently successful and big exchanges that people trust and use, if a new one comes along they won't just give up what they are used to, for a new, unknown, untrusted place.

Oh, really? Really? Are you sure? Is that an opinion? Or a fact?

Give me examples of exchanges that have failed.

Note: Mt. Gox that failed because of inside job does not count.

[rajasumi3]

Bitcoin exchange would be a good idea , well if u wanna promote that this forum is always available by starting a signature campaign , it is will be useful for ur campaign .
On the other hand u can do mining with the use of solar energy, well with the help of windpower it can be beneficial and u can earn ur profit to a much extend.

[Text]

Exchanges is one of the popular cypto-currency business because of the traders. There are more and more engaging in trading as all they want is to invest and make profits. Trading is really in demand now because of competition of bitcoin and altcoins.

[pinkpanther03]

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, I prefer to choose Trading, it is because if you really know the basic learning of bitcoin trade you can easily earn it by simply means of educating them or conduct a brief seminar about basic knowledge in trading then its up to you of how much your gonna ask them for a payment via bitcoin through skype group, or group chat something like.

[Hydrogen]

If I started a business based on btc, and money were no object, I would offer savings accounts where I paid interest on deposited funds.

Only if I could offer people insurance in case I couldn't make ends meet, which I currently am not in a position to do.

I do some minor investing where I can earn a percentage increase via whatever disposable cash I have on hand.

[Andre_Goldman]

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.

I have a very good Idea. How can I kick start the project ? I mean I am not thinking about "Patenting an invention
" but at least I would like to timestamp every step and documentation of the project. Perhaps using the Blockchian as a timestamp server .. then develop all business plan as a cooperative ... (A cooperative is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled business.) 

[roadbits]

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, I prefer to choose Trading, it is because if you really know the basic learning of bitcoin trade you can easily earn it by simply means of educating them or conduct a brief seminar about basic knowledge in trading then its up to you of how much your gonna ask them for a payment via bitcoin through skype group, or group chat something like.

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, I prefer to choose Trading, it is because if you really know the basic learning of bitcoin trade you can easily earn it by simply means of educating them or conduct a brief seminar about basic knowledge in trading then its up to you of how much your gonna ask them for a payment via bitcoin through skype group, or group chat something like.

The last 3 options are good to start Bitcoin business. Trading is the best and safe way to start your Bitcoin business. And if you become a pro in this trading you don't need any other thing to earn Bitcoin. And selling stuff in Bitcoin is also a good idea we can make a decent profit in this business. Last freelancer job in Bitcoin it will give good profit if you have any online work skills.

[Oralmat]

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, I prefer to choose Trading, it is because if you really know the basic learning of bitcoin trade you can easily earn it by simply means of educating them or conduct a brief seminar about basic knowledge in trading then its up to you of how much your gonna ask them for a payment via bitcoin through skype group, or group chat something like.

You select right thing, Trading. Because everyone prefer the trading to do it. Because when we know about bitcoin than only one and easy earning way, we have and that is trading. As i know not everyone know about freelance job in bitcoin, but everyone know about trading. So only one choice everyone have and that is trading, we could earn from it easily if we have skills.

[Rajchandu]

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

[michkima]

From your list, it would really depend on the skill of the person who will perform this action. If he is a good coder then he can create an exchange site, however I don't recommend it as there is already a lot of them and it will be hard to capture those clients. If he is a good blogger then a blog is good. It just really depends on the skill of the person.

[RedX]

For me, I will choose blogging. I don't have a huge amount of money to capitalize on exchange, lending or trading. If you put all your effort on blogging, you could get as much more if it works.

[ufaiz50]

I will make the exchange services for example if you have bitcoin and want to buy something but there don't accept payment via bitcoin and you dont want to bother to sell bitcoin to fiat I can help with the fee is quite low compared with other sites in addition to more efficient services as it does not have many rivals

[Yakamoto]

Personally, there aren't really that many good ideas for businesses related specifically to Bitcoin these days, but there are some different niche markets that might be worth seeing if there can be some crossover between the Bitcoin community and those markets.

Bitcoin dropshipping might be something to look into, but that market is already pretty saturated.

[sobsitesearch]

I will make the exchange services for example if you have bitcoin and want to buy something but there don't accept payment via bitcoin and you dont want to bother to sell bitcoin to fiat I can help with the fee is quite low compared with other sites in addition to more efficient services as it does not have many rivals

Having exchange services would need big amount of capital but this is great business for now. But me i do selling regular load in my area as my business which is in demand in my place and now i introduce to my neighborhood that i can send/received money like remittance center with low fees using my online local wallet.

[milewilda]

I will make the exchange services for example if you have bitcoin and want to buy something but there don't accept payment via bitcoin and you dont want to bother to sell bitcoin to fiat I can help with the fee is quite low compared with other sites in addition to more efficient services as it does not have many rivals

Having exchange services would need big amount of capital but this is great business for now. But me i do selling regular load in my area as my business which is in demand in my place and now i introduce to my neighborhood that i can send/received money like remittance center with low fees using my online local wallet.

For building an exchange site it does really need huge amounts of money or capital to start on and thinking off on the competitors now on the market its not really easy to gain reputation on a short period of time which means you might not get sufficient profits when just starting up but having an exchange does really give good benefits in terms of money profiting.

[daringdiscovered]

Exchanges is one of the popular cypto-currency business because of the traders. There are more and more engaging in trading as all they want is to invest and make profits. Trading is really in demand now because of competition of bitcoin and altcoins.

Indeed. Trading is one of the most popular ways to earn big amount of bitcoin, though you have to be knowledgeable about this, about buying and selling your Altcoins, becuase if you are just going to buy Altcoins without studying it, you might lose profit from it, being naive in Trading will lead you to nothing.

So, before we do something, no matter what it is to earn bitcoin, it is important that we know what to do, and how are we going to manage it, so that we can avoid losing profits in the long run.