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Author Topic: A New Way of Trading Bitcoins  (Read 871 times)
dvds414
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November 12, 2014, 09:50:54 PM
Last edit: November 13, 2014, 01:12:26 AM by dvds414
 #1

So recently my family has been having money issues and I thought of ways to start a new business. The only thing I could think of was using Bitcoins, which I have been working with for a long time, to start a new business. I currently only have about $12 to start this business idea that I have, but I think with some suggestions and knowing that I will have customers, I can pull through with this.

Basically my idea starts off as I want to offer the ability for people no matter what age or what payment method they use or where they live to stop them from buying Bitcoins. I have come up with many ways to have money transferred to me so I can get people Bitcoins. I will accept PayPal, Altcoins, Cash by Mail (explained below), Direct bank Transfer, Gift Cards, Computer Parts. Basically anything with some cash value behind it I will be willing to trade for Bitcoins. I want to start up a site for this so that way anyone can get some Bitcoins. I don't want to pay the money to start a site though and find out I will not have any customers. Also I am asking that if this idea is liked perhaps a few people can buy from me for a value between $1-10 just so I can get some testimony for my site.

Cash by Mail

I have seen people trading Bitcoins using the mailbox people where basically money is mailed and then Bitcoins are sent over the Internet in return. Now many people don't trust this because I could easily just take all the money and run. This is why I want some testimony or someone to simply try giving me $5 to prove that I am legitimate and once my ratings are up I'm sure people will trust me a little more.

If anyone is interested in trying it so I can get some testimony that would be great! Please leave all comments below and I can answer all questions as well.
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November 12, 2014, 10:54:19 PM
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The idea itself is not bad, but you do need to start somewhere, starting something requires a certain investment. You can imagine $12 won't do much for you.

I don't want to pay the money to start a site though and find out I will not have any customers.

This is not the right mentality to start something. If you think this can work, then go for it. You'll find out later if it works or not.

Taking certain risks is part of life. Even if your project fails, then you still have gained something, which is experience, and this experience can help you in the future as well.

Edit : Best is to remove that Bitcoin address, people might think you are begging.

dvds414
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November 13, 2014, 01:13:49 AM
 #3

Thank you very much for the feedback and I did exactly what you said. Do you know of any hosting service that runs off BTC? And you have a very good point that I should just go for it and make this a real thing. So I am going to start working on it tonight.
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November 13, 2014, 01:27:10 AM
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you should check all legal things first.
In most countries it is illegal to be a commercial money transmitter without licences.

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dvds414
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November 13, 2014, 01:41:07 AM
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Good point as well and it is legal where I live to be doing this.
dvds414
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November 13, 2014, 02:13:02 AM
Last edit: November 13, 2014, 02:33:29 AM by dvds414
 #6

Here is the beta of my site. I have been working on it for a little while now. If anyone could simply make an order just with one dollar I would very much appreciate it. I need real testimony on my site showing that it works.

coinswap.site88.net
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