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Topic: [2019-08-02] Bitcoin.com to Launch an Exchange - page 2. (Read 302 times)

sr. member
Activity: 1988
Merit: 453
I think Blockchain.com is trying to bring in more revenues. Despite being used by tens of millions of cryptocurrency users, Blockchain.com is not a profit making venture. Their wallet business doesn't bring in any revenues. So they may be trying to capitalize on the user-base to get some cash. But opening an exchange is not child's play, especially after so many exchange hacks.
legendary
Activity: 1526
Merit: 1179
Since the exchange will operate within the bitcoin dot com portal, I'm pretty sure that we can expect Bitcoin to be referred to as Bitcoin Core. Another thing is that he will pair BCH to other coins and ignore the BTC pairs.

It's quite a bummer that he isn't on our side with how influential and dedicated is. He turned into a jealous ex who thinks he has been cheated on therefore will do everything he can to inflict pain on the opposite side.

I kinda understand him though-- he did more for Bitcoin than most of us combined who are here just waiting for the price to increase. It turned into a store of value tool now that people accept that this is all we have....
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
Funny is that Roger Ver is no longer the CEO of Bitchcoin.com; https://www.ccn.com/roger-ver-bitcoin-ceo/

I think it's more an attempt to manipulate prices, especially after how OKEx more or less backed BSV and this shitcoin is being pumped heavily over there.

One of the comments below the article pointed out that he has a criminal record and it probably doesn't look good for an exchange to be run by a felon.  Seems to be as good a reason as any to step down as CEO.
legendary
Activity: 2170
Merit: 1427
Funny is that Roger Ver is no longer the CEO of Bitchcoin.com; https://www.ccn.com/roger-ver-bitcoin-ceo/

I think it's more an attempt to manipulate prices, especially after how OKEx more or less backed BSV and this shitcoin is being pumped heavily over there. It comes too close and is just one doubling away from a near equal market cap, and thus hashrate.

Also don't forget that Roger Ver in 2013 claimed that MtGox was a healthy exchange and that the problems they had were caused by the traditional banking system (video can be seen in above link). Obviously, it turned out to be one big scam.
legendary
Activity: 2268
Merit: 18771
Just only I hope they don't ruin people by tricking them into buying something other than Bitcoin, cause that's what they've been doing for a while now.
I think it's safe to say they'll be prioritising their pet over 'Bitcoin Core' no matter what.
Agreed. Perhaps the number of newbies they are scamming with their current "Bitcoin Wallet" app is falling off. Roger needs to keep his greed satiated somehow. This is the logical next step in drawing in a wider audience of newbies to trick in to buying their useless fork. Also gives them a nice centralized platform under their control to directly manipulate the BCH price and dump on as many unsuspecting newbies as possible at once.

I'm also curious as to who in their right mind would trust Roger Ver with all their KYC information or to hold their coins for them.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Just only I hope they don't ruin people by tricking them into buying something other than Bitcoin, cause that's what they've been doing for a while now.

I think it's safe to say they'll be prioritising their pet over 'Bitcoin Core' no matter what. However if you go into the exchange business you're suddenly subject to a lot more heavy handedness from authorities so it's conceivable a disgruntled customer could raise hell.

Not sure how Roger will make his peace with having to be compliant.
legendary
Activity: 3010
Merit: 3724
Join the world-leading crypto sportsbook NOW!
Just noticed they seem to have rebranded too. The blue logo is unfamiliar.

But I do agree: more competition simply means better options for users, more choices, etc. etc. That's how it's supposed to work, and if Bitcoin.com's exchange does so well and convinces users to leave the others, then so be it.

Just only I hope they don't ruin people by tricking them into buying something other than Bitcoin, cause that's what they've been doing for a while now.
sr. member
Activity: 1008
Merit: 355


Bitcoin.com has announced it will launch a crypto exchange called Exchange.Bitcoin.com.

This is the latest addition to a suite of products Bitcoin.com provides beyond their news service. The company has also developed a crypto casino, a wallet, and a P2P bitcoin cash exchange, aimed at furthering the utility of the forked alternative to bitcoin.

“While our company thinks the bitcoin cash network will be adopted by the masses worldwide, we also think it’s important to promote free markets and choice,” the company said in a statement.

Expected to launch in early September, the exchange will list many of the largest capitalized coins including bitcoin, ethereum, and litecoin. Additionally, it plans to offer around 50 trading pairs, as well as Simple Ledger Protocol (SLP) tokens tied to the BCH blockchain.

Source: Here.

I guess, it is not just Blockchain.com that is very much eager to enter the lucrative and expanding cryptocurrency exchange market. Will this be good in terms of competition? Certainly, we hope so as the more choices the better it would be for the end-users and of course for the whole industry.
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