Website flipping is when you buy a website, increase its followership, contents and profitability (if it was redundant), and then sell it in a relatively short period of time. There are many different websites and apps that could benefit from integrating digital currency into what they offer. It is also possible to buy websites and apps for much less, and to ‘flip’ them within a fairly short period of time.
Integrating digital currency for in-app purchases or for user-rewards schemes, or simply converting stores to accept BTC payments may be worth considering as ways to add value to an established business. This business is suitable for a seasoned programmer.
Build bitcoin websites
Another bitcoin related business idea that can prove profitable is to create bitcoin related websites for sale. When it comes to monetizing your site, there are many advertising networks and affiliate programs which pay out in bitcoin. Also, you can use your website to affiliate businesses and products that utilize bitcoin and other cryptocurrencies.
Create a bitcoin faucet
Bitcoin faucets are a reward system in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website.
It should be noted that faucet owners make money by placing ads on this highly engaging websites and you can build a faucet within 10 minutes. Bitcoin faucets may not give you huge amounts of bitcoin at a time as one satoshi is equal to 0.00000001 BTC, but over time the money can add up and you could find yourself making a substantial amount of extra cash without having to do all that much work.
Design and sell Bitcoin WordPress themes
With bitcoin getting more popular and profitable, a lot of blogs about Bitcoin are popping up. Unfortunately there are very few Bitcoin WordPress themes to be found around. If you are good with coding, you can make several Bitcoin WordPress themes and sell them for a profit. You can utilize sites like ThemeForest to market your themes.
Register Bitcoin domain names
A lot of people are looking for Bitcoin domain names for their website. You could secure several Bitcoin domain names and then sell them at a profit to webmasters. This is perhaps one of the less utilized bitcoin business ideas that could prove to be very profitable. Why not launch in now when the competition is still quite less?
Like any currency, stock or other financial product, money can be made by judiciously buying and selling bitcoins. You can try doing this yourself, but you need to have incredible insight into the market to have any success. Just like those other financial products, however, some traders have created automated systems to buy and sell bitcoins based on a mathematical algorithm.