There is clearly an urgent need for an exchange atm, but i am not sure about rushing into this small exchanges, just for security reasons.
With so many new or unknown exchanges out there we expose the risk of a hack or simply the exchange to close down and we will loose a bunch of coins.
Perhaps we should concentrate in Bittrex until Mintpal is back up and running, hoping there is no loss in faircoins @Mintpal.
Also i think we need just one exchange, that will give us better control on the value.
Just an idea.
With so many new or unknown exchanges out there we expose the risk of a hack or simply the exchange to close down and we will loose a bunch of coins.
Perhaps we should concentrate in Bittrex until Mintpal is back up and running, hoping there is no loss in faircoins @Mintpal.
Also i think we need just one exchange, that will give us better control on the value.
Just an idea.
Agreed that we should take security reasons into consideration. So I really want to recommend to focus on Bittrex (or Cryptsy) for that matter - especially for the funding! I feel that those (together with MintPal when they have put their machinery together again and fix this mess) are the exchanges that should be capable to handle the volume that FairCoin will cause.
The more exchanges the better even if they're new and small exchanges. As it helps to decentralise the trading of Faircoin and adds much needed redundancy to the likes of the current MintPal problem.
I too don't see too much harm in small exchanges adding FairCoin to their portfolio. It's a free market and buyers should pay attention where they stash their money (preferably not in an exchange...).
Looking at the future, I wonder what the role of exchanges will be. Eventually more and more FairCoin will leave the exchanges. The upcoming Android app is yet another example of that.
