Dear Rob and biblepay community,
I haven't had the chance to follow along with the posts for the past week or more, but I see there is still talk of getting on other exchanges. I would like for Rob and the community to give feedback on whether the idea of running our own exchange seems desirable or not? As for myself, I would like to see biblepay run its own exchange that closes for 24 hours over the weekend to respect the Sabbath. I think that would really bless this project and help it greatly. For a coin that wants to serve a Godly purpose, I think it is important to respect the Sabbath. I am not suggesting stopping the blockchain, but only halting trading for a 24 hour period. I don't know what the personnel or bugetary requirements for this would be, but I think it is worth considering. What does everyone think?
With all respect to other beliefs, respecting the Sabbath is a jewish mandate. Us Christians respect Sundays, as they are the Lord's Day, the day Jesus resurrected, thus abrogating the Mosaic law.
Anyway I agree with the ones that think that running an exchange is calling for hackers, problems, and beyond the scope of BBP project.
My thoughts on these issues:
- The sabbath: I agree, Jesus ended the law and created the church and Christianity, and we are to pick up our cross daily. Its not necessary to keep one particular day holy, we are to follow all of Jesus' commandments.
- Running our own exchange: After seeing the viruses uploaded into childrens letters, and the hot wallet being stolen by the hackers, I am *very* reluctant to write an exchange in the pool. And as another said, US regulation is tough, so it could not be done by us.
- Yobit: If you all give them a 5, I think we should go for it.
- Ducks in a Row: Thats noble, but the issue Im facing now is we have no working exchanges and we need at least one LOL. People are trying to buy sancs, and I have to raise compassion.com funds once per month. So it is very high priority to get another one up. Although I agree, if we went on too many at once we would hogtie ourselves into limited updates.
- Listing on the top 5 exchanges: Both fell through. I lost my personal 3.5btc on the deal. I think we should work on yobit, coinexchange.io, and Blues NEXT decentralized exchange next. (Im working on the side to contact binance and hitbtc sr managers and reach them and give them documentation list of everything I went through to see if they will have compassion on us and list us on either exchange due to the fraud I experienced). Please dont write a lot of comments on the board about this, as I dont want to be polluted with things tying us to this- I would rather move past this issue and work up and onward.