Bitcoin Forum
January 17, 2020, 01:58:39 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: what idea is best?  (Read 2049 times)
cryptoproject
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
March 07, 2017, 08:47:02 PM
 #1

Hi,

there is a lot of development in bitcoin industry in different jurisdictions including uk.

what are some best bitcoin ideas to execute in uk which don't need massive transactions to bank account yet profitable. May be any SAAS app ?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1579269519
Hero Member
*
Offline Offline

Posts: 1579269519

View Profile Personal Message (Offline)

Ignore
1579269519
Reply with quote  #2

1579269519
Report to moderator
coinableS
Legendary
*
Offline Offline

Activity: 1092
Merit: 1001



View Profile WWW
March 08, 2017, 02:50:26 AM
 #2

I think SAAS apps will work, you can charge a monthly subscription for an API type service or if it's more of a one time deal and you are relaying/moving transactions you can charge a per tx fee.

passwordnow
Hero Member
*****
Offline Offline

Activity: 1386
Merit: 515


LuckyB.it is Back!


View Profile
March 08, 2017, 03:01:11 AM
 #3

If bitcoin is spreading like mushroom on UK and there are few local exchange there. Then why not try to start a local exchange maybe a simple exchanger bitcoin>pounds(local currency). At the first place you may not get massive transactions but when that business started to bloom then expect that you'll be holding.

                         ▄▄▄▄▄▄
             ▄▄█████▄▄███████████▄▄
     ▄▄    ▄████▀▀█████▀▀▀  ▄███████▄
  ▄█████  ████    ███▀     ███▀▀▀████▌
 ▐██▀    ████    ▐██▀  ▄  ▐███    ███▌
 ▐██▄   █████  ▄▄███  ███ ███▌   ▄███
  ▀█████████████████▄███ ▐█████████▀
    ▀▀▀▀████▀▀  ▀▀████▀  ██████████
       ▐███▌            ▐███    ▀███▄
       ████             ███▌     ████
    ▄▄█████       ▄██▄ ▐███     ▄███▀
 ▄███████████▄▄▄█████▀ █████▄▄▄████▀
█████▀▀▀▀██████████▀ ▐███████████▀
▀▀          ▀▀▀▀▀     ▀▀▀▀  ▀▀▀













██████████████████
████████████████████████
████████████████████████████
███████████████████████▀▀    ███
████████████████████▀▀   ▄▄██  ███
██████████████████▀▀   ▄▄██████  █████
██
████████████▀▀   ▄▄██████████  █████
███
████████▀▀   ▄▄██████████████  ██████
██
█████▀▀   ▄▄██████████████████  ██████
██
██▀   ▄▄██████████████████████  ██████
██
██
▄▄██████████████████████████  ██████
██
██
████████████████████████████  ██████
███
██
███████████████████████████  ██████
██
███
█████████████████████████  █████
████
██
█████████████████████████  █████
███
██
████████████████████████████
███
████
██████████████████████████
████
█████
███████████████████
██████
██████████████████
██████████████████












● Great Prizes
● Trophies
● The Original Plinko
● Great Community
● Chat Lotto
● Low House Edge
oblsk
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
March 08, 2017, 11:00:49 AM
 #4

The key is adding value in your market. What is something that you and your customers may need the most in the placeyou are at. Take advantage of that need and you shall succeed.
kazzkiq
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile WWW
March 08, 2017, 06:16:20 PM
 #5

Maybe creating an application with a list of UK exchange prices? Some that calculate the possible profits from buying from one and selling to another. You could compare the prices with other exchanges around the world to tell the users how much they can profit from buying outside and selling locally, etc.

As most exchanges already have open APIs for this kind of thing, I don't see it as a big of a deal to build.
eternalgloom
Legendary
*
Offline Offline

Activity: 1764
Merit: 1277



View Profile WWW
March 08, 2017, 08:34:21 PM
 #6

Maybe creating an application with a list of UK exchange prices? Some that calculate the possible profits from buying from one and selling to another. You could compare the prices with other exchanges around the world to tell the users how much they can profit from buying outside and selling locally, etc.

As most exchanges already have open APIs for this kind of thing, I don't see it as a big of a deal to build.
It wouldn't be difficult to build, but I doubt that you'd get any decent amount of money out of that.
You're catering to a very specific localized subsection of Bitcoin users and have no clear way of making money.

I doubt you could charge anything for a service like that and other forms of revenue are limited when you're serving such a small niche audience.

To OP:
An exchange might be a good idea, if you have enough capital for that.

Look at this example, this is a Dutch/Belgian exchange that charges a premium for buying and selling Bitcoins instantly. They even have an option to send the payment to your bank account within 1 day (And having the money available to spend the same day)
It's this: http://www.bitonic.nl

This exchange is purely geared towards end users of Bitcoin, no option of really trading professionally on their website. And they have a pretty high volume.

I'm not sure if there's a similar service like that in the UK, if not, starting something similar might be a pretty lucrative endeavour.

topesis
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500



View Profile
March 09, 2017, 05:19:10 AM
 #7

If bitcoin is spreading like mushroom on UK and there are few local exchange there. Then why not try to start a local exchange maybe a simple exchanger bitcoin>pounds(local currency). At the first place you may not get massive transactions but when that business started to bloom then expect that you'll be holding.

To run an exchange especially the type you are writing about with fiat gateway will require special certification and even security, if the developer have huge capital he can go that route but if not I won't advice him to, or maybe develop a exchange service like similar to Shapeshift
Kakmakr
Legendary
*
Offline Offline

Activity: 1890
Merit: 1388


View Profile
March 09, 2017, 06:14:42 AM
 #8

I should think that something should be better, if micro transactions can be limited as in a offline ledger and then combined bulk transactions at the end of every month to limit bank transfers. Xapo wallets also do this with off-chain transactions, where they only push on-chain transactions through, once someone transfer their coins out of their system.

Once you made your decision, you should share with us on what you decided. ^smile^
sosobtc-Regina
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
March 09, 2017, 10:04:31 AM
 #9

You can trading by OTC or wallet.
freemanjackal
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250

FINANCIAL FREEDOM, PROFESSIONAL STRATEGY


View Profile
March 18, 2017, 08:09:18 PM
 #10

If bitcoin is spreading like mushroom on UK and there are few local exchange there. Then why not try to start a local exchange maybe a simple exchanger bitcoin>pounds(local currency). At the first place you may not get massive transactions but when that business started to bloom then expect that you'll be holding.
that could actually be a good idea, you need to set some basic needs to assure the quality in the services
Scott J
Legendary
*
Offline Offline

Activity: 1792
Merit: 1000


View Profile
March 18, 2017, 08:11:18 PM
 #11

If bitcoin is spreading like mushroom on UK and there are few local exchange there. Then why not try to start a local exchange maybe a simple exchanger bitcoin>pounds(local currency). At the first place you may not get massive transactions but when that business started to bloom then expect that you'll be holding.
that could actually be a good idea, you need to set some basic needs to assure the quality in the services
You would probably need a licence in order to do this.

Also you would need to comply with AML/KYC type requirements.
silversurferd
Full Member
***
Offline Offline

Activity: 236
Merit: 250



View Profile
March 19, 2017, 07:36:46 AM
 #12

An idea that motivates you for perfection is the best idea

BLON
sachinunchwal
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
March 19, 2017, 06:06:26 PM
 #13

create a bitcoin website and start trading on it and this may bi a perfect idea to start a new business. i well try i dont have money to do this
Mrs Aminova
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
March 30, 2017, 10:35:21 PM
 #14

Hello!
 
Three years ago, we started creating a unique media crypto currency and in about a month we will be ready to place it on the world leading exchanges.
We offer to join our team as an external critic and testers of our product.

Please give some useful  advice and recommendations on how to enter the market correctly
As a gratitude for cooperation, we will gladly share a worthy amount of our media currency “zvook-oв.”
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!