why do you need blockchain for this project?
If you scroll back you'll see a comprehensive answer to that question
Topic: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency - page 19. (Read 6643 times)
November 10, 2017, 09:45:25 PM
If you scroll back you'll see a comprehensive answer to that question
November 10, 2017, 08:41:05 PM
You misunderstood - and I promise you will grow to love the amend button!
Of course we will still have a cancel button... but we will ALSO have an amend button.
Amend buttons are good if you want to increase or decrease the price point or number of units in a buy or sell order - much fewer clicks required than if you needed to cancel the order and place a brand new one
Re filtering out scam coins, and coins with virtually nil trading volume, we are still refining the process of elimination.
Of course we will still have a cancel button... but we will ALSO have an amend button.
Amend buttons are good if you want to increase or decrease the price point or number of units in a buy or sell order - much fewer clicks required than if you needed to cancel the order and place a brand new one
Re filtering out scam coins, and coins with virtually nil trading volume, we are still refining the process of elimination.
Any beta version of the exchange and will it have support for android /ios apps since apps is something which bittrex doesnt have.
November 10, 2017, 08:10:41 PM
why do you need blockchain for this project?
November 10, 2017, 08:07:02 PM
Where are Blockbid tokens transferred after using them to get a discount on the exchange?
Blockbid tokens are sent to our company wallet when a user wishes to use his discount
November 10, 2017, 08:05:57 PM
You misunderstood - and I promise you will grow to love the amend button!
Of course we will still have a cancel button... but we will ALSO have an amend button.
Amend buttons are good if you want to increase or decrease the price point or number of units in a buy or sell order - much fewer clicks required than if you needed to cancel the order and place a brand new one
Re filtering out scam coins, and coins with virtually nil trading volume, we are still refining the process of elimination.
Of course we will still have a cancel button... but we will ALSO have an amend button.
Amend buttons are good if you want to increase or decrease the price point or number of units in a buy or sell order - much fewer clicks required than if you needed to cancel the order and place a brand new one
Re filtering out scam coins, and coins with virtually nil trading volume, we are still refining the process of elimination.
November 10, 2017, 12:08:48 AM
I don't see the need of blockchain technology for this and i am a bit confused as to what different it will be from binance or as a matter of fact any other exchange that is present today. If its just more coins that already hitbtc and etherdelta have like every coin.
This being an australian exchange what different it will be from cryptopia a NZ exchange or coinspot. If its fast they are talking about, binance is currently the fastest of all.
I would like someone to explain as to how this exchange is solving some considerable problem and how they see the token value price going up since exchange coins hardly do well.
This being an australian exchange what different it will be from cryptopia a NZ exchange or coinspot. If its fast they are talking about, binance is currently the fastest of all.
I would like someone to explain as to how this exchange is solving some considerable problem and how they see the token value price going up since exchange coins hardly do well.
Hitbtc charges exorbitant listing fees which prohibits the listing of many smaller coins. Etherdelta is not user friendly and many traders, including myself, refuse to use it for this reason.
If you're not from a Stockmarket trading background you probably aren't aware of the enormous gap in quality and ease of use between leading stockmarket exchange platforms and leading cryptocurrency platforms.
At present, even the poorest Stockmarket platforms are still a pleasure to use compared to the very best cryptocurrency exchanges.
I think you'll find that no current crypto exchange lists more than 500 or so individual coins - we pledge to list at least 1000 within a few months of live public launch.
Coinspot for example only lists 40 or so individual coins. 40 out of 2000 is not good coverage.
We will also be the first crypto exchange to offer insurance to users agains loss of coins from cyber attacks, and should be the first exchange to offer both a centralised and a decentralised exchange from a single interface.
Just as an example of common sense features from the Stockmarket that we will include - the fact that you can only cancel your buy or sell order on most crypto exchanges is really quite bizarre. It is far more efficient to amend an existing order rather than needing to cancel and order and re do another order, especially with all the decimal places involved in crypto.
There are numerous other common sense and efficient features such as this that we will be implementing.
Does that mean if i made a purchase order i can't cancel it. How it works on bittrex is suppose there is a coin with value of B 0.0015 and i made a purchase order of 1000 for 0.0010 it blocks my 1 BTC, if i am not able to cancel a particular order then it is just waste of my 1 btc which i can change my mind to buy some new other coin. If all i can do it modify that means i need to buy some set of coins somehow even if its for the bare minimum which means a order created has to be committed to anyhow no matter the amount. That is a flaw for me right there.
Please tell if its different than this! Also what is your strategy for coins that are scams. You won't check the background and the volume it brings on the table. If you still list it without reading their whitepaper and the current happenings around the coin and whether or not they copied it from someone else, your customers will be the first to burn since they can buy from you only.
November 09, 2017, 03:05:50 PM
Are there any restrictions on purchasing Blockbid tokens for citizens of Japan?
Japan is fine, no issues at all
November 09, 2017, 03:04:02 PM
I've not been following this thread as I used to but from the OP...
Does this mean it's closer to say Bithumb which you can't trade on at all unless you divulge all your personal info or Binance which you can trade on/withdraw without doing that provided it's not more that 1BTC?
Quote
Fully compliant with Australian AML/CTF Act
Does this mean it's closer to say Bithumb which you can't trade on at all unless you divulge all your personal info or Binance which you can trade on/withdraw without doing that provided it's not more that 1BTC?
Binance... we will still have 2 minute simple signup and trade option
November 09, 2017, 03:20:51 AM
Is there any guarantee that a team representative will answer me if I write him a message in Facebook?
November 09, 2017, 02:28:34 AM
Hello. Do you engage third-party companies to develop an interface, or do you hire new employees?
November 08, 2017, 07:31:33 AM
Will KYC be applied to determine the citizenship of a Blockbid user?
November 08, 2017, 06:25:39 AM
Where are Blockbid tokens transferred after using them to get a discount on the exchange?
November 08, 2017, 05:49:59 AM
Are there any restrictions on purchasing Blockbid tokens for citizens of Japan?
November 08, 2017, 05:09:34 AM
Within the legal framework of which country will Blockbid platform operate?
November 08, 2017, 04:41:04 AM
On which other platforms besides Blockbid can I exchange Blockbid tokens to another crypto currency?
BID tokens will most likely be listing on Coinexchange and Livecoin at the end of December
great , although Coinexchange and Livecoin all of them are small market ,but project need time to grown ,hope will hit major exchange market after product release.
November 08, 2017, 04:37:27 AM
Will assets on Blockbid platform be protected from cyber attacks? What mechanisms will be used to do this?
November 08, 2017, 04:18:28 AM
I've already seen some similar ICO, why are you different?
November 08, 2017, 03:29:23 AM
How are you going ensure maximum transparency of operations on Blockbid platform?
November 08, 2017, 02:50:24 AM
Is the cost of the bounty program included in the “Marketing” item?
November 08, 2017, 02:20:46 AM
I've familiarized myself with your development strategy. I like your project I wish you luck and I will follow you. 
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