I'd loved BTC-e before this scam story but still upset too about this NVC story...
I also decided to boycott BTC-e Since this story and cashout all my coins from there.
I also decided to work on a new exchange site that I will announce very soon (prototype is ready yet) to offer alternative to btc-e. This site will be owned by Esecurity SA and I'm also going to sell up to 50% to the communauty under a share/dividend system.
This exchange will accept all NON SCAM cryptocurrency, whatever the volume is low or high ( BTCE refused to add ppc in past because low volume)
Well I dont pretend to change the world, just I want offer another alternative. I feel we are a lot of people here who need/want another exchange site.
How do you decide what is or isnt a scam currency ? Some bitcoin users consider all alt coins as scammy
If its a scam because of a premine then ripple is a massive scam too.
Ripple is totally different and full premined, nvc has been premined while in 3 days or like 200 000 nvc has been created but due diff increase and nvc system then 200 000 coins will need year to be created...or like.
Add the coin on your own exchange and sell it for more than 1 usd....then the premining worth 200 k usd ...
Maddof was not a scam he just forgot to pay his investors...That a bit what you are trying to explain us...
Anyway that just my thought, you are right. But a forum exist to express the opinion of each
You need to overcome the network effect. When Mt Gox first opened they had "market makers" so that you didnt have to wait long for orders to get filled.
A competitor to btc-e will need this to succeed. Perhaps you need to raise extra funds so that the exchange can perform this function and has large reserves of both ltc and fiat.
Im owning 300 000 ltc holded. No btc actually. I have a company brning m actually 50 k usd month, and have some reserve which could help. Additionnaly, as said I will offer 50% for sales so this money could be used also in the way to make the exchange a sucess.
I'd loved BTC-e before this scam story but still upset too about this NVC story...
I also decided to boycott BTC-e Since this story and cashout all my coins from there.
I also decided to work on a new exchange site that I will announce very soon (prototype is ready yet) to offer alternative to btc-e. This site will be owned by Esecurity SA and I'm also going to sell up to 50% to the communauty under a share/dividend system.
This exchange will accept all NON SCAM cryptocurrency, whatever the volume is low or high ( BTCE refused to add ppc in past because low volume)
Well I dont pretend to change the world, just I want offer another alternative. I feel we are a lot of people here who need/want another exchange site.
The idea is great, but to succeed, you have to deal with the fiat money smoothly, that is the investors can deposit money fast & cheap. This is the most difficult problem, even with BTC-e, they also always lack the USD flow, make their BTC/LTC seems to be cheap.
If you have good bank relationship, so your exchange will be successful. If not, I doubt you can make some better achievement than some alt-coins exchanges like Vircurex.
I'm thinking about but the deposit withdraw options will be multiple and I know this is one of the most important thing. About banks I have bank accounts in Belize, St vincent and grenadine, france, thailand, Hong kong... so I have some good relation with banks usually
Sure it should help a lot to setup this project.
Will there be an API for the exchange? Maybe an app for mobiles?
Api is planned. Mobile application will come later if the website is a sucess.