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Author Topic: What BTC related business would you do if you had $100.000  (Read 445 times)
PlainDead
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May 22, 2017, 11:43:30 AM
 #1

^

as the title says.

I would create an exchange website with so many payment options and try to make the btc community bigger!
What would you guys do?
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May 22, 2017, 11:48:37 AM
 #2

I would open a weed shop (coffee shop as they say  Grin) at the heart of Amsterdam and collect the payments via bitcoin. I wouldn't force people to do so though, as i don't wanna lose FIAT users.

Bitcoin&Weed.

The Perfect combination.

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May 22, 2017, 11:53:26 AM
 #3

the only bussinesses that make money are gambling or exchanges. exchanges have too many problems and are too big a target so it's gambling for me.
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May 22, 2017, 11:56:23 AM
 #4

I would make an car resale shop with bitcoin acceptance. This doesn't seems an affordable amount to start the business, but slowly will improve the business with a small cars buying and selling. Already some have started to accept bitcoin into these related business.

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May 22, 2017, 12:16:04 PM
 #5

^

as the title says.

I would create an exchange website with so many payment options and try to make the btc community bigger!
What would you guys do?

I will do some trading since I have some basic knowledge and skills on this area I may have a chance of getting a huge profit. At this point of time I notice that there are many alternative coins are increasing in value such as DASH, ETH, LTC, DOGE, RIPPLE and many more. Possibly if I purchase some of it I will have the chance to get huge profit.

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May 22, 2017, 12:18:43 PM
 #6

the only bussinesses that make money are gambling or exchanges. exchanges have too many problems and are too big a target so it's gambling for me.
Yeah, gambling and exchanges are most profitable. But it's hard to maintain exchanges, especially if it have lot of coins listed. You would have to solve lot of support tickets, fix coin wallets and etc. Good exchange need to have lot of staff.
In gambling website it's most important to be fair and also fight against cheaters.

If I would open my bitcoin businnes, it would be online shop which sells TV's, smartphones, tablets, computers and similar stuff.

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May 22, 2017, 12:19:36 PM
 #7

Lending. Just need a good idea how to reduce associated risks.

/edit

I misread the title. I though it is about 100.000$ per btc

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May 22, 2017, 12:44:43 PM
 #8

If it is in the form of BTC, then i would create a decetralised lending platform. Similar to poloniex that lets you margin trade with lending, but i would do it with day to day things. Like a pawn shop but with bitcoins. I think we need more platforms to highlight the true p2p power of cryptocurrencies.

You can also create a power grid for electricity and let people exchange crypto for electricity or generate electricity with their solar panels etc.

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May 22, 2017, 12:47:39 PM
 #9

Probably I will make business that will connected to bitcoin as well so people will knew that it can be use other currency like bitcoin I will make online shop that accept both payments paypal and bitcoin is my priority. Also I will make my business bigger to trade those bitcoin I profit.
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May 22, 2017, 03:32:46 PM
 #10

i liked the idea of a coffee shop with a bitcoin theme but i seriously doubt that kind of business can become successful where i live!

but here i know that if i start a bitcoin exchange service that works with local banks and is in my language and user (newbie) friendly then it can be super successful.

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May 22, 2017, 03:55:37 PM
 #11

^

as the title says.

I would create an exchange website with so many payment options and try to make the btc community bigger!
What would you guys do?

Mine is an ebay like site exclusively for bitcoin,of course there are similar sites running now but I will make it more categories than ebay and many payment options it's a one stop shop for everybody.


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May 22, 2017, 04:04:50 PM
 #12

Few possibility :
1. Cryptocurrency exchange if there aren't any local exchange in your country.
2. Gambling websites if you have great idea and team (since $100.000 is a bit too small for casino).
3. Sell legal gift card which accept bitcoin, altcoin and common payment service (this is what most likely i would do)

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May 22, 2017, 04:14:30 PM
 #13

$ 100,000, if it was cash, I thought I would open a small car garage because I was a little car enthusiast, I wanted a small garage for myself. And if it is Bitcoin money,I will spend most of that Bitcoin on investing trading other potential altcoins or increasing the investment for the altcoins I am investing. The rest, I will use to create a site for myself and make money from it. But I never had $ 100,000, I'm still waiting for this to happen in the near future  Grin Cheesy Grin
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May 22, 2017, 04:26:46 PM
 #14

^

as the title says.

I would create an exchange website with so many payment options and try to make the btc community bigger!
What would you guys do?
I'd probably end up trying to make either a niche shop that caters to some different and smaller segments of the community (the bitcoin and weed one is slightly representative of the concept) or I would make an intermediary service where you can buy anything with Bitcoin for only an additional 1.5% service charge on whatever it is that they want purchased.

I think that the latter is going to be a lot more viable but I don't have any numbers to back that kind of information up.
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May 22, 2017, 04:29:01 PM
 #15

^

as the title says.

I would create an exchange website with so many payment options and try to make the btc community bigger!
What would you guys do?

i would open a mining farm, with that huge investment i could buy 30+ rig, and earn a lot of money now, i would roi in 3 months and then earn 100k every 3 month or more, if bitcoin and altcoin continue to increase, it's the best investement you can have today, no other investement come close, and what i like about this is thta there is no risk
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