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Coinbuddy (OP)
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August 26, 2014, 05:25:43 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
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DDuckworth
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August 26, 2014, 06:55:32 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
You can't just come online and look for million dollar ideas to just pop up in a thread you posted. The key is a new niche, or better yet, something that is successful in cash, but doesn't yet have a bitcoin styled alternative. Are you a developer, investor, programmer? What's your role, how can you do this? |
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hilariousandco
Global Moderator
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Join the world-leading crypto sportsbook NOW!
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August 26, 2014, 06:56:18 AM |
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It's really not as easy as just creating a site and expecting the bitcoins to roll in. All of those sites have very stiff competition. Faucets are a waste of time for users and usually their operators don't make much either. Maybe if you had a good idea for a unique faucet that actually paid users a decent amount, but doing so would probably be counterproductive as they pay very little in order to actually turn a minimal profit. There's already plenty of established dice sites and many pop up seemingly monthly along with a range of other casinos and gambling sites. If you really want to create a bitcoin-earning business I'd try come up with something fresh and unique or some sort of site that hasn't implemented bitcoin yet.
Edit: DDuckworth kinda beat me to it haha.
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DrG
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August 26, 2014, 07:51:48 AM |
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What you do is hang out here for hours at a time and get involved with trades and buying things. Sooner or later you'll want something or a service, realize that nobody has established one to your liking and there's your business.
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BitCoinNutJob
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August 26, 2014, 07:57:16 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
Ideas are the easy part its the implementation thats the hard part. They say be second and better. Its really hard to say it also depends what you are good at and how much money can you invest? If you can code bitcoin gambling does well but competition is getting stiffer. |
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Coinbuddy (OP)
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August 26, 2014, 08:04:03 AM |
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What do you think about this.
idea #1
Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ?
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BitCoinDream
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The revolution will be digital
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August 26, 2014, 08:41:51 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
3 options given in your question are practically same, i.e. gambling, dice, casino. So, U r trying to chose between faucet and gambling ? Gambling is a clear winner between the 2 for sure... but there are other ideas too. |
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arbitrage001
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August 26, 2014, 08:51:56 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
There are way too many competitions in the category you mention above. If the competition isn't discouraging you from starting one, make sure you know the potential marketing cost to launch your platform by checking here: https://bitcointalk.org/index.php?topic=615953.0 |
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Coinbuddy (OP)
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August 26, 2014, 10:26:02 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
3 options given in your question are practically same, i.e. gambling, dice, casino. So, U r trying to chose between faucet and gambling ? Gambling is a clear winner between the 2 for sure... but there are other ideas too. idea #1 Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ? |
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devonne
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August 26, 2014, 10:32:59 AM |
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Hi
Which business project you will like to start where the competition will be minimum and you get maximum profit.What do you think?
3 options given in your question are practically same, i.e. gambling, dice, casino. So, U r trying to chose between faucet and gambling ? Gambling is a clear winner between the 2 for sure... but there are other ideas too. idea #1 Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ? Right on point the three ideas are more or less the same if you want to indulge in gambling its best said straight rather than parabulating. |
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Cboy
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August 26, 2014, 11:45:23 AM |
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You should think about something new in order to make money. All the things you mentioned have strong competition.
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DodoriousMaximus
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August 26, 2014, 02:10:37 PM |
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You dont need innovation if you have good marketing. But yeah innovation can give the biggest gains.
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ensurance982
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August 26, 2014, 02:13:41 PM |
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I guess the services you've mentioned are already pretty much tapped out. Remember that a Casino needs a lot of initial funds to begin with! Also, you need to be a trusted member of the community to attract high rollers.
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Omikifuse
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August 26, 2014, 03:20:43 PM |
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Open a bitcoin-related start-up. Or try to be a bitcoin developer.
You will need some knowledge to make something people will really want.
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BigMac
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August 26, 2014, 03:26:26 PM |
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idea #1
Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ?
Sounds okay to me. But then you need to make sure the game is easy to learn, hard to master and impossible to abuse with a bot. |
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Coinbuddy (OP)
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August 26, 2014, 03:28:06 PM |
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idea #1
Pay just 0.001 BTC,play the games,make high scores and get paid up to 0.01 btc if you are in top 3 ?
Sounds okay to me. But then you need to make sure the game is easy to learn, hard to master and impossible to abuse with a bot. I can add a game like candy crush (match 3 game) with a timer of 60 seconds . |
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vitalemontea
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August 26, 2014, 04:06:49 PM |
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Market is pretty saturated there. I don't think your games are going to earn you much.
Better come up with something new.
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Coinbuddy (OP)
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August 26, 2014, 04:42:21 PM |
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Market is pretty saturated there. I don't think your games are going to earn you much.
Better come up with something new.
 Something new like? |
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vitalemontea
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August 26, 2014, 05:59:41 PM |
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Market is pretty saturated there. I don't think your games are going to earn you much.
Better come up with something new.
Something new like? That's the part you have to figure out. |
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BitCoinDream
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The revolution will be digital
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August 26, 2014, 11:41:32 PM |
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I guess the services you've mentioned are already pretty much tapped out. Remember that a Casino needs a lot of initial funds to begin with! Also, you need to be a trusted member of the community to attract high rollers.
Interestingly, DiceBitcoin has made a foray without being trusted in the community. |
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