Hey biznessmen. I am thinking about starting a bitcoin binary options site. Has anyone had experience in this field? Do you think it is a good idea? Seems foolproof.
>>1604469
anything seeming foolproof is not foolproof
>>1604512
Thats good advice. I will reconsider my options.
>>1604469
look into financial licence requirements, there might be no for bitcoin, but might be still relevant because of speculating involved.
>>1604546
yeah i have had a look into it and it seems that if you take an existing financial model and just apply it to bitcoin it becomes unregulated.
>>1604549
And you can run a legit site? One that would actually pay if you "won"?
>>1604559
Yeah thats right. You need to establish a good reputation with the community.
>>1604561
is there any start up capital? Is it legal to advertise? Cause some countries forbid soliciting any financial investment. I dont mean like "Start making $1,000 everyday in [LOCATION]" something more reputable?