The Best Crypto Idea to Explore.

[Wenbing]

All entrepreneurs in the house gather here so we can discuss what we are good at..

Entrepreneurs are good at conceiving and developing innovative ideas in order to explore market opportunities.

If you're an entrepreneur in the house, which crypto idea do you feel we could explore, develop and innovate on that'll surpass  the businesses already existing in the industry?

* To me, a blend of something like trading and exchange.

Well, let me allow you to think and comment on this important discussion.

[Godstrength]

Trading and exchange is a good idea, but how do you imagine businesses to apply it considering that it's crypto-based?

A good crypto idea is something that would evolve sectors that has not seen any upgrades in this digital age, like governments, or some businesses who are stuck with their old ways.

Existing major enterprise solutions are neither distributed (Hyperledger + Corda) nor have a focus on privacy. There is little to no progress here and these solutions are essentially just glorified databases. There is an industry-grade regulatory compliant blockchain that is on to a shift by offering enterprises a real blockchain, while also using zero-knowledge technology to bring privacy to workflows that involve end-users.

Something that requires zero-knowledge which involves crypto/blockchain is what will drive the crowd IMO.

[ChiBitCTy]

If anyone has a truly innovative or groundbreaking idea in this space, I’m pretty sure it wouldn’t be very wise of them to share it here on bitcointalk for everyone to see.

Ideas that aren’t new that I’d love to see are those such as a truly decentralized exchange. We could also use easier ways to store bitcoin on your phone but are safe.

[verita1]

Taking advantage of the fact that we are celebrating the Bitcoin Pizza day.
That as we know was born here in the forum.

Let's take a look at this tweet to meet the guy who paid for a pizza with 10,000 BTC in 2010.

https://twitter.com/AtomicWallet/status/1263863697413484544?s=19

I would create my own business a Pizza shop that accepts payments with BTCitcoin.
As we are in Coronavirus time I would offer my products for delivery.

After the Coronavirus I would offer live seminars: easy and fast how to use bitcoin, its pros and cons.

For customers who know bitcoin:
They are free to choose their favorite mobile wallet.
Regarding the time of the transactions, it would accept payments with x confirmations.

I remember that I used Bitrefill once and it accepted the payment without the network having made all the confirmations. It would work for.
It is just an idea that could improve it.

[abuya55]

I'm not sure if it actually exist, but what's about organizing Bitcoin future adoption by partnering with different retailers. They made Bitcoin of of the possible payment method at their shops and get promoted for this. Like a quid pro quo.

[Wenbing]

If anyone has a truly innovative or groundbreaking idea in this space, I’m pretty sure it wouldn’t be very wise of them to share it here on bitcointalk for everyone to see.

Ideas that aren’t new that I’d love to see are those such as a truly decentralized exchange. We could also use easier ways to store bitcoin on your phone but are safe.

1. I'm an entrepreneur that doesn't believe that a new idea should be concealed. It should be made public so that input from others could help to refine it.

2. A smart device that could mine and also operate as a smartphone will be an innovative idea.

Taking advantage of the fact that we are celebrating the Bitcoin Pizza day.
That as we know was born here in the forum.

Let's take a look at this tweet to meet the guy who paid for a pizza with 10,000 BTC in 2010.

https://twitter.com/AtomicWallet/status/1263863697413484544?s=19

I would create my own business a Pizza shop that accepts payments with BTCitcoin.
As we are in Coronavirus time I would offer my products for delivery.

After the Coronavirus I would offer live seminars: easy and fast how to use bitcoin, its pros and cons.

For customers who know bitcoin:
They are free to choose their favorite mobile wallet.
Regarding the time of the transactions, it would accept payments with x confirmations.

I remember that I used Bitrefill once and it accepted the payment without the network having made all the confirmations. It would work for.
It is just an idea that could improve it.

That's certainly impressive.
This  idea can be applied to adjacent markets too especially online shopping.
.
Online shopping and bitcoin payment.

I'm not sure if it actually exist, but what's about organizing Bitcoin future adoption by partnering with different retailers. They made Bitcoin of of the possible payment method at their shops and get promoted for this. Like a quid pro quo.

Is this a contribution or a comment.
Why can't we have a business that's only accept payment with cryto. Yes, this will truely be innovative

[moderator's note: consecutive posts merged]

[kryptqnick]

I'm sorry I don't have any great ideas, but I do know the market, so I'll try to comment on others. Oh, actually I've remembered now that I do have one idea, but I'll get to it in the end of the post.

Taking advantage of the fact that we are celebrating the Bitcoin Pizza day.
That as we know was born here in the forum.

Let's take a look at this tweet to meet the guy who paid for a pizza with 10,000 BTC in 2010.

https://twitter.com/AtomicWallet/status/1263863697413484544?s=19

I would create my own business a Pizza shop that accepts payments with BTCitcoin.
As we are in Coronavirus time I would offer my products for delivery.

After the Coronavirus I would offer live seminars: easy and fast how to use bitcoin, its pros and cons.

For customers who know bitcoin:
They are free to choose their favorite mobile wallet.
Regarding the time of the transactions, it would accept payments with x confirmations.

I remember that I used Bitrefill once and it accepted the payment without the network having made all the confirmations. It would work for.
It is just an idea that could improve it.

This isn't very innovative. There are places that accept BTC for pizza, and even at least one offering to pay with Bitcoin LN for pizza. And the only place in my neighborhood that accepts BTC is a restaurant most famous for its pizza (I've never tried it because they don't have a single meat-free pizza, and I don't eat meat).

I'm not sure if it actually exist, but what's about organizing Bitcoin future adoption by partnering with different retailers. They made Bitcoin of of the possible payment method at their shops and get promoted for this. Like a quid pro quo.

Is this a contribution or a comment.
Why can't we have a business that's only accept payment with cryto. Yes, this will truely be innovative

While good for crypto promotion, it might be a disaster for business. There aren't many people willing to use cryptos. So even if what one sells is quite useful, people might simply ignore the place and buy the same stuff from someone who accepts fiat. And for those who accept cryptos as payment, it's safer to set the prices in fiat anyway and just regularly update the crypto price due to volatility.

If anyone has a truly innovative or groundbreaking idea in this space, I’m pretty sure it wouldn’t be very wise of them to share it here on bitcointalk for everyone to see.

Ideas that aren’t new that I’d love to see are those such as a truly decentralized exchange. We could also use easier ways to store bitcoin on your phone but are safe.

1. I'm an entrepreneur that doesn't believe that a new idea should be concealed. It should be made public so that input from others could help to refine it.

2. A smart device that could mine and also operate as a smartphone will be an innovative idea.

There was a project that allowed mining a crypto by playing a game on a smartphone. Sounded awesome and was pretty popular years ago, but did not work out. I am talking about Electroneum. As for a small device mining some serious crypto - the mining part will be very unprofitable.


Now to the idea I still believe might become a success. A huge business in any important area of our life is insurance, but the insurance business isn't really a thing with cryptos. I think that with more people joining the market, there'll be more of those who want some guarantees cryptos cannot offer. So there could be an insurance company offering to insure one's coins. The insurance company doesn't have access to coins, and the insurance buyer pays a fixed monthly amount of money because in an event of this person's cryptos getting stolen, the insurance company will give a 100% compensation of coins. There are many things that would have to be thought through, but I think that crypto insurances could get very popular.

[20kevin20]

Most awesome ideas are in the works or are on hold as the minds behind them may not have the necessary resources to fulfill them.

I think we've seen most of the concepts out there and there isn't very much more you can do (except non-affordable ideas) with the existing technology we have. As far as I can see, most new platforms become successful or not based on how convenient they turn in time for their own customers.

[serjent05]

I'm not sure if it actually exist, but what's about organizing Bitcoin future adoption by partnering with different retailers. They made Bitcoin of of the possible payment method at their shops and get promoted for this. Like a quid pro quo.

This already exists.  There are lots of retailers that accept Bitcoin as a mode of payment in a Bitcoin-friendly country.   Mostly, most of the idea regarding Bitcoin adoption is already laid out.  It is up to the government whether to give it a go and let these ideas propagate in their country.  Aside from that, Cryptocurrency users shouldn't resist government regulation, instead, they should adopt and adapt to it. 

[The Cryptovator]

Why can't we have a business that's only accept payment with cryto.

Most likely due to volatility? That would be real reason behind of not to accept only bitcoin. For example you have a eCommerce website and you are selling goods. Imagine a product price $90 and you set price 0.01 according to current bitcoin price. What will happen if bitcoin drop into $7K? Then you will have to set something like API to change btc price automatically to become $90 equal. This isn't problems as well we might solved by using plugin. But who will carried out loss if bitcoin price drop after you accept payment?

Anyway I don't have any new idea, but also I would like to shopping via bitcoin payment methods from worldwide eCommerce websites like Amazon. But the real concern I have mentioned above. Or there should something similar market who would provide the service like Amazon but payment should held via bitcoin or with stable coin. But it should be with crypto-currency, so we might convert our bitcoin and shopping from there. At least we will able to use bitcoin/crypto-currency for our daily needs.

[batang_bitcoin]

What kind of blending are you going to make if there are already many that are established? I can't think of a twist that you're going to add for exchanges.
The best idea would be integrating the shops that are near you and educate them that they can accept bitcoin payments and connect to a third party like bitpay.

[taufik123]

-snip-
2. A smart device that could mine and also operate as a smartphone will be an innovative idea.

Mining using a smartphone will only damage the smartphone you have. Many platforms have been provided for mining using Electroneum.
It is an innovative idea but to increase income will be very difficult because the device used will not be strong to operate as a miner machine for 24 hours.

[eldude9]

I have an idea that will change history. who here wants to help me do that?

lest build: Digital Eco Villages, MVP, vallartopia.org, the idea is that we need to stop the suffering in this world, and we can do that together if we build Teams and a Powerful VR KIT, we need all the people in the world to have knowledge and to live free, everybody needs good food, water, a place to live, clothes, gadgets, etc. so we can start with the poorest countries, we need to bring technology to them so that they stop fighting and killing each other, we need to grow as a multiplanetary species, we have to protect the planet and the people first, then make money.

So the idea is to Build many of this Permaculture Bio construction Sustainable Villages all over the world, and they all will have a specific Good purpose, for example:


Health Villages, all diseases are curable if you have the right treatment, so we will have the best doctors from all over the world discussing about heath and 3D organ Printing made widely available.

Retirement Homes, Older people can help us too, but they need a better location than they currently have, so we can have places for them to come and help us grow food and cook, we can make their last years of their lives be the best years of their lives.

Explore Space Center, do you know that there are people that think that the world is FLAT!, talk about living in a cellphone all your life, how about a blockckchain full of VR content and some amazing drones that can travel all over the solar system and they will be able to connect back to us to show us how the solar system is like from distance, I best this already exists and only NASA and TOP corp. can access these incredible images that will make us wonder again where we came from.

Car Conversion to solar power, OK we all need to agree that the oil business needs to be a thing of the past, so how are we going to continue to make this rich people get into a better business than the one they currently have, that's art.

Custom VR handmade Headsets that are your Hardwallet, you have an app to connect with the headsets, something like mycelium project, but the headsets will have ancestral artisan craftsman, you will basically kill for one of this gadgets.

We can also do a Home Made Reality Show, there would need to be a tool to make all these things possible with the idea to send people all over the world with this KITs that have all kinds of gadgets to build your own Eco Village, or whatever you want to call it. in all these troubled countries.

Let's build the Villages first in 3D, you can put your headset on and start walking your land and it will generate a 3D version of it, that you can later share and build like on decentraland, they need a lot of help for this to be a dapp on the mobile stores...

we can have a telegram channel for this, like, t.me/blockchaintheworld, or t.me/pacewithblockchain or t.me/pace2020 to send updates.

and we are just seeing the tip of the iceberg, we have to hit a home run here, so let's do a hackathon, every day, from today till we finish, from 13:20 to 16:20 online, with meet.jit.si and other open source software, we can also do comedy shows, let's do a movie to see how this ends, we can call Netflix and Elon Musk, they would want to join this loco project, and especially now since this COVID-19 is a very fucked up thing from the people above, I think that we need to hit back with the cure for all diseases, and I mean all, there has to be a blockchain to have the FDA rethink their vision and mission strategies etc. because no more people have to die anymore. its just business.

and there are also a lot of people that are going to jail for exposing the truth about the governments, so we need a revolution... here is where Anonymous and all the Crypto World can help, there are a lot of innocent people in jail, and they need to get out, so if the Justice system was helped with AI, who is up for that challenge?

also jails should be a place to work but live the rest of your life free, we need to forgive everyone. and start from scratch, since the old way was always business first, its just to different now, we don't have to steal or murder, or bankrupt people, we can just make them work, growing food, building the tools for the future, whatever we thing its good for the planet and for US.

How do we create this revolution?? how about we start building a blockchain that has all this information or proof, or people that were killed because they knew something that the people above did not want out. a good example is Aaron Swartz, lest also find who Satoshi Nakamoto is, it's embracing that we don't know this for sure, there has to be a way to know this for sure and to be correct, and if there is no truth yet, lest hack the planet for this information, we can't stop until we know the truth about everything true in this PLANET!

NO MORE FAKE NEWS!! YES!

so want more? join the Pachamama Club! we are on telegram, we are watching.

[Debonaire217]

What kind of blending are you going to make if there are already many that are established? I can't think of a twist that you're going to add for exchanges.
The best idea would be integrating the shops that are near you and educate them that they can accept bitcoin payments and connect to a third party like bitpay.

And there's already allot implementing this, so to become entrepreneur in the area of cryptocurrency, we should think of ideas that are new, perhaps, new to our community I guess. What I want to implement is to create a cryptocurrency wallet attached to card so we can use it in public transport, we just need to tap the card via RFID technology, though I am not sure if it will be a great idea as the security of RFID might be vulnerable. But the idea of cards with cryptocurrency for transportation might benefit and make payment safer just like in times like this, we need not to make physical contact to drivers.

[batang_bitcoin]

What kind of blending are you going to make if there are already many that are established? I can't think of a twist that you're going to add for exchanges.
The best idea would be integrating the shops that are near you and educate them that they can accept bitcoin payments and connect to a third party like bitpay.

And there's already allot implementing this, so to become entrepreneur in the area of cryptocurrency, we should think of ideas that are new, perhaps, new to our community I guess. What I want to implement is to create a cryptocurrency wallet attached to card so we can use it in public transport, we just need to tap the card via RFID technology, though I am not sure if it will be a great idea as the security of RFID might be vulnerable. But the idea of cards with cryptocurrency for transportation might benefit and make payment safer just like in times like this, we need not to make physical contact to drivers.

An exchange and partnerships to those businesses and companies will do the job. But it wouldn't be easy for a startup to tie up with those amenities that you have mentioned. Those were also implemented but with fiat and it's going to be easy implementing it if the crypto company tying up with those services have been operating and known. That's a great idea you've got and it will ease a lot of things when commuting by simply tapping with your wallet and pay them with bitcoin.

[Yatsan]

If you're an entrepreneur in the house, which crypto idea do you feel we could explore, develop and innovate on that'll surpass  the businesses already existing in the industry?
Well, let me allow you to think and comment on this important discussion.

Being an entrepreneur needs a new product that is trendy and unique but it seems like that we have only selected ideas of cryptocurrency to integrate with it.

If I'm an entrepreneur I'd like to open an online store, and I want to sell essential needs to take advantage of the situation right now since most of us are under quarantine period, most of us can barely go outside so opening an online store with door to door delivery is a great idea. Where's the idea of crypto with it? - I'll just basically add a payment option for known cryptocurrency especially bitcoin and ethereum. Coins such as XRP, LTC, BCH will also do.

[imstillthebest]

trading and exchange ? sounds like both of them are the same  . you said being an entreprenuer a.k.a business owner?  so trading exchange fits better and not just trading alone  .  trading is for single individuals only that arent consider a business owner yet   . other good business to own or start is gambling site and of course were gonna be using crypto    .   cant think of other good business but i see these two are booming among other cryprto business out there 

[Wenbing]

~~~
Now to the idea I still believe might become a success. A huge business in any important area of our life is insurance, but the insurance business isn't really a thing with cryptos. I think that with more people joining the market, there'll be more of those who want some guarantees cryptos cannot offer. So there could be an insurance company offering to insure one's coins. The insurance company doesn't have access to coins, and the insurance buyer pays a fixed monthly amount of money because in an event of this person's cryptos getting stolen, the insurance company will give a 100% compensation of coins. There are many things that would have to be thought through, but I think that crypto insurances could get very popular.

Yes, that's it. Having a crypinsurance would be an innovative business in this industry. In fact, this is a nich that'll be created by an entrepreneur that'll be the forerunner of this idea.

Why don't you consider executing it?

[NavI_027]

trading and exchange ? sounds like both of them are the same  .

Yup, they are correlated to each other. I'm wondering what he really want to say .

other good business to own or start is gambling site and of course were gonna be using crypto    .   cant think of other good business but i see these two are booming among other cryprto business out there 

Hmm, yeah it wad good but it requires a huge capital for sure. You must have a lot of money first in order to establish it. Plus, there is no guarantee that it will boom since the level of competition in such industry is very close. Everything depends on how you advertise it.

Aside from that, why don't we put crypto into real life business. Just make a small start like a prepaid load business solely accepting btc. I know that would be a lot of risk but at least you got nothing to lose because you can use it for your own just in case your business failed lol. Good for you if it succeed, now you can have an estimated number of btc holders in your area and this will help you on your nexr step of on expanding your business .

[cabron]

We have I think explore the innovative ideas in crypto which is why some products are just redundant of the previous successful projects.

One that we must explore though is that DEFI, I believe this is where we are heading really when it comes to trading on exchanges. Or perhaps the FOREX brokers where they have MT5 software and that BTC is present in this software already.