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Author Topic: how to explain bitcoin advantage ??  (Read 4974 times)
20kevin20
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January 29, 2017, 03:25:40 PM
 #41

Both starting your own faucet and starting your own news blog can actually be started from 0. You can start for example a faucet with just a $1 deposit in your faucet account, and if you want a news blog it's even more simple: you start with nothing as you can get a free Blogger or Wordpress domain, and as soon as you get enough monthly visitors you can move to a ".com" domain that will be yours only. Search for Faucet scripts, there are plenty of them and completely free.
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January 29, 2017, 03:31:39 PM
 #42

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I suggest you to not continue you plan to make a faucet. It's not that profitable anymore unless you want to take a risk of having it run for long term so that it can established a good name in the bitcoin faucet world. You will just need a decent capital here.

If you want your brother be part of your plan, better explained to him instead the profits you will get just by holding bitcoin. It's way more better than creating a faucet. And while holding bitcoin, take time to learn what bitcoin trading is. Start from the basic and never jumped studies. Im assuring you it's worth a shot although it will takes time.


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d@nte
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January 29, 2017, 03:42:03 PM
 #43

if you want to make faucets, maybe you could try to offer the service to make altcoins faucets for a fair price

there are lots of ICO coins around, I guess there is some demand for such service, but I'm not sure what would be the competition

Altcoins faucets may not be profitable. A better option is to make a bitcoin faucet and give satoshis per claim. This will make the faucet site popular in no time. You can place google Ads on your site to earn from advertisements.
I think even the faucet owners may find it difficult to get good results with it, as there are many websites made for this purpose, that means there is a lot of competition. This is also technically difficult to create and maintain, you must have web design skills, and you need to have the knowledge required to eliminate possible security holes in the website.

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January 29, 2017, 04:01:43 PM
 #44

I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I won't bother to give an opinion about your project to start your own sites, do what you want.
There are plenty of questions about how to explain bitcoin, that's why there is bitcoin news already before you've planned to make it.
explain about bitcoin as digital currency, your brother may interested about how bitcoin growing as time goes on and that's why worth to earn bitcoin. And then, explain about bitcoin advantages such as global transaction as easy as sending an email, low fees, decentralized and so on.

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January 29, 2017, 06:20:30 PM
 #45

I think you are mixing two things together, Bitcoin related business (Faucet) and Bitcoin economics. I would advise you not to go into faucet business, the economics is not strong again and one bots can attack your business and take all your BTC. Another thing is that $50 is not enough to run a successful online Bitcoin news outlet
The main disadvantage of running a faucet site is that it is not profitable at the moment because you cannot monatize it with google ads and the rest of the ad network are not profitable but you can experiment things if you want to and if you want to succesfully run a bitcoin news website he can run it on his own or he can pay people up and that is when the expense starts as you have to start paying for contents to the writers.


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Ferris419
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January 29, 2017, 07:04:30 PM
 #46

if you want to make faucets, maybe you could try to offer the service to make altcoins faucets for a fair price

there are lots of ICO coins around, I guess there is some demand for such service, but I'm not sure what would be the competition

Altcoins faucets may not be profitable. A better option is to make a bitcoin faucet and give satoshis per claim. This will make the faucet site popular in no time. You can place google Ads on your site to earn from advertisements.
I think even the faucet owners may find it difficult to get good results with it, as there are many websites made for this purpose, that means there is a lot of competition. This is also technically difficult to create and maintain, you must have web design skills, and you need to have the knowledge required to eliminate possible security holes in the website.

Apart from that you also need to have good traffic on your website as it will determine your profits and if you don't have enough people visiting your site then you cannot expect to make good profits from it and you also need to spend good money on promotional activities to attract more and more users towards your site.
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January 29, 2017, 07:07:10 PM
 #47

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad
Faucets net you money via ad revenue, but you have to be sure that your wallet is actually going to make money. Bots and so can easy screw you out of money that you could be making, luckily that isn't common for the most part.

Bitcoin news is definitely an ok market, you just have to make sure you actually have a viewbase that clicks your ads. Much lower risk than a faucet, which is already low.














 

 

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deadpoolx
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January 29, 2017, 07:07:55 PM
 #48

I think you are mixing two things together, Bitcoin related business (Faucet) and Bitcoin economics. I would advise you not to go into faucet business, the economics is not strong again and one bots can attack your business and take all your BTC. Another thing is that $50 is not enough to run a successful online Bitcoin news outlet
The main disadvantage of running a faucet site is that it is not profitable at the moment because you cannot monatize it with google ads and the rest of the ad network are not profitable but you can experiment things if you want to and if you want to succesfully run a bitcoin news website he can run it on his own or he can pay people up and that is when the expense starts as you have to start paying for contents to the writers.
This is not the only problem... You will also need a very good marketing to compete with existing websites, and there is a lot out there. It is also necessary to take all security measures to prevent your faucet from being hacked, or that someone uses vpn or the like. If you do not have the necessary technical skills, you may need to hire a professional to help you with this.
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February 01, 2017, 05:04:56 AM
 #49

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad
Well you must explain about bitcoin before you ask money for capital
you can tell him that bitcoin is like gold in internet,
there are chance for business related bitcoin include (bitcoin faucets and bitcoin news)
 if you can make understand about bitcoin to him, I think he will make investing to you.
Gembul
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February 01, 2017, 06:51:20 AM
 #50

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

I think the faucet now less attractive dude, plus now most players faucet using fraudulent means such as using bots, I have several times had a faucet sites but always do not benefit because of too many bots that roam.
For news sites I think it could be a good option, but we know it's a lot of interesting news sites like. Essentially you have to make your site as attractive as possible by presenting writers who already know about bitcoin. And it is not cheap I guess.
For your brother I think he should first understand the advantages and disadvantages of investment in bitcoin, so that if one thing we do not want the case then he will understand. Thank you
legendbtc
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February 01, 2017, 07:06:40 AM
 #51

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

Bitcoin is completely different terminology to understand, before explaining to him first you need to be familiar about it.
Bitcoin has many advantages you can show them to your brother, how many countries have involved in it and it's price variation.
But coming to faucets you will make little amount of money on advertising, so better plan different sectors gambling site. With that you will make more bitcoin, in this you can explain to your brother about the bitcoin.

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February 01, 2017, 07:24:11 AM
 #52

you can ask your brother to sit down together in front of your computer in your room while you can explaining about bitcoin from the first time you know bitcoin. it is better if you can explain with open your browser and continue to explain one by one that you know, i think your brother will ask you and you have to answer the question properly. i am sure that if you correctly for explaining, your brother will be interesting in bitcoin and finally he will help you to give the money that you need.
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February 01, 2017, 09:22:44 AM
 #53

The point I see that, at first you must explain your brother why your site is a good place to invest; that is, why you believe that he will have a profit in the future. Now as far as it concerns your site I don't find fascinating the faucet as an idea. You need enough money more than $50 and you need some good reasons so other people will be willing to pay you in order to advertise their products in your site. As far it concerns bitcoin news there are also many of them in English but I don't know how many in your mother language. Imo I believe is better to stick with a bitcoin news site in your mother language.
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February 01, 2017, 09:56:35 AM
 #54

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

Bitcoin is completely different terminology to understand, before explaining to him first you need to be familiar about it.
Bitcoin has many advantages you can show them to your brother, how many countries have involved in it and it's price variation.
But coming to faucets you will make little amount of money on advertising, so better plan different sectors gambling site. With that you will make more bitcoin, in this you can explain to your brother about the bitcoin.
Actually if you have a good skill on SEO you can do it with zero capital
Starting a crypto realted site from zero is indeed not easy to monetized
But if you insist to ask for starting capital to your family and how to introduce it
Just simply ask them to try have bitcoin , spend it and then you can explain properly.
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February 01, 2017, 10:03:46 AM
 #55

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

Bitcoin is completely different terminology to understand, before explaining to him first you need to be familiar about it.
Bitcoin has many advantages you can show them to your brother, how many countries have involved in it and it's price variation.
But coming to faucets you will make little amount of money on advertising, so better plan different sectors gambling site. With that you will make more bitcoin, in this you can explain to your brother about the bitcoin.
You are right before we try to explain about bitcoin to someone or to your brother you should really make it sure that you are knowledgeable enough so that you wont really have a hard time to explain it to him precisely.In this case you should try to convince him about bitcoin by the way of letting him see on how to use it.

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February 01, 2017, 10:55:00 AM
 #56

Tell your brother that bitcoin has many advantages compared with fiat.
-Quick transfer, almost instant, Less than 10 min and very low fee ( sometimes without fee )
-Low payment charges than bank cards or Paypal
-There is no limit on the amounts transferred
-Anonymity of transactions.

And many other adventages ..
You can convince your bro easily about the benefits of bitcoin.

I think that is the hallmark of a bitcoin is anonymous and decentralized it makes bitcoin different than third parties or fiat alone. maybe it could make them interested in bitcoin

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February 01, 2017, 11:03:14 AM
 #57

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

Your plan is not a good idea, Sorry for disappointing you, because its not profitable actually. And faucets is not profitable though it will give you small earnings but a waste of time for me. I think better for you to think some other options in earning bitcoin, you can try blogging, or create coins in crypto world etc. something like that.

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Vaskiy
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High End Solutions In Trading Technology Since2009


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February 01, 2017, 11:07:27 AM
 #58

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

Your plan is not a good idea, Sorry for disappointing you, because its not profitable actually. And faucets is not profitable though it will give you small earnings but a waste of time for me. I think better for you to think some other options in earning bitcoin, you can try blogging, or create coins in crypto world etc. something like that.
Thats truly a good suggestion, at the same we need to know about the person whether he is knowledgeable or not. In such case only highly knowledgeable people can involve into creation of coins for a better profit. But with faucets anyone can earn easily without much difficulty and skills, lot time is required to be spend.

_nur
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February 01, 2017, 11:12:56 AM
 #59

how about showing them this video

https://www.youtube.com/watch?v=vRDRKfN4Fco
warwar
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February 01, 2017, 11:18:43 AM
 #60

I am.thinking to start my own site
1) for bitcoin faucets
2) bitcoin news
but it needs much amount of money , I think it takes about $50 to start at its best .

Since i am not a earner , so I asked  for money to my brother , but he didn't understanding the bitcoin advantage .
Now here give suggestions that how to explain my brother for the bitcoin work and its advantage and making him to invest in my project of bitcoin .
thanks in advance Sad

Your plan is not a good idea, Sorry for disappointing you, because its not profitable actually. And faucets is not profitable though it will give you small earnings but a waste of time for me. I think better for you to think some other options in earning bitcoin, you can try blogging, or create coins in crypto world etc. something like that.
Thats truly a good suggestion, at the same we need to know about the person whether he is knowledgeable or not. In such case only highly knowledgeable people can involve into creation of coins for a better profit. But with faucets anyone can earn easily without much difficulty and skills, lot time is required to be spend.

Well creating a coins really requires a skills and knowledge from it. Also i could recommend faucets for newbie but just to learn what really bitcoin is and how hard to earn it well after that if he/she stays to find another method to earn more then that is the time to reward the method the he/she could earn more if he/she is not lazy.


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