Topic: Btc38: If you were leader of exchange, what will you do facing so many coin (Read 1850 times)

biggest reform you can do right now is to fix the front page -

so if i'm an English speaker i go to "google" and search "BTC38"

https://www.google.com.au/search?client=ubuntu&channel=fs&q=btc38&ie=utf-8&oe=utf-8&gfe_rd=cr&ei=sXbfU_HtH8vC8gfK_4CIAQ

click the top link :

http://www.btc38.com/

^^^^^^

Here on this front page there is NO indication that any of this site is English

You need a big Button< that says    "English here" ( with an English flag)

and then where its clicked (POW!) the site is in English - this will boost your English speaking customers  !

because they speak English, and wear Hawaiian shirts in winter.  




Ok so that's just an example......

Thanks @digitalindustry @Miso69 @ebliever @fluffypony for precious idea.

We have a criteria to add a coin to our voting system, but it is not very clear.
If we set a clearly criteria, we are worried that many coin will try everything to reach criteria.
While the true worthy coin will not care about the criteria.

I suggest that - plus a token vote

the point of the vote was make it in CNY so the user has to sign up and trade for CNY then vote.

vote wouldn't even need to be binding - but would be a guide.

How about BTC38 vets the coins themselves? Voting clearly does not work. Maybe you guys should hire someone to investigate new coins and existing coins to see if they are worthy of being exchanged. After all, you guys are the ones making all the money. Re-invest into your exchange. Protect your clients and I guarantee you'll be the #1 exchange for a long time.

Develop a set of criteria that a coin must meet in order to be listed, and publish that list of criteria. Also publish conditions under which a coin will be removed from listing (including fraudulent activity on the part of the developer(s)). Include risk assessments in the criteria (the coin code must be open source or subjected to 3rd party review, premine below some %, and so on). Learn from your mistakes and update the criteria as needed. In short: Hold devs accountable and protect your customers.

Not accepting every copycat coin that comes along may cost you some revenue in the short run, but if you work to protect your customers you will pick up more business over the long run as they leave other exchanges where they keep getting burned.

Selling any cryptocurrency for CNY for the purpose of voting puts downwards pressure on those cryptocurrencies. It may not be measurable or relevant at first, but when someone dumps a crapload of coins so that they can vote for the next coin they've mined at low difficulty the market will feel it.

btc38 has already pointed out earlier that they won't look at voting systems that can be Sybil attacked, so it is relevant.
[/quote]

i totally don't know who you are but you are missing the point ..

yeah so if someone sells a currency to "vote" on another so what? that's called "the free market"

and then someone else might come and buy it, thats also called the "free market"

and its all volume for BTC38.

Sybil argument is irrelevant.

you sound like someone that might be scared that vote spamming will be more difficult?, in the end i don't care, there is a lot of spam out there already, but add a "cost" to vote and you weed a lot of it out.

[quote author=digitalindustry link=topic=716301.msg8134671#msg8134671 date=1406894I think you are missing the point and not thinking outside the box :

1. only list crypto that meet a set of specific regulations

2. then open voting.

you are confused re CNY it would provide zero pressure on any crypto.

- user logs in

- user trans crypto to CNY (any they chose in the current crosses)

- user puts in a bid on a crypto

regarding multiple accounts who cares its irrelevant, if they really want to see it list so bad and its passed the (scam test ) more power to them .
[/quote]

Selling any cryptocurrency for CNY for the purpose of voting puts downwards pressure on those cryptocurrencies. It may not be measurable or relevant at first, but when someone dumps a crapload of coins so that they can vote for the next coin they've mined at low difficulty the market will feel it.

btc38 has already pointed out earlier that they won't look at voting systems that can be Sybil attacked, so it is relevant.

I think you are missing the point and not thinking outside the box :

1. only list crypto that meet a set of specific regulations

2. then open voting.

you are confused re CNY it would provide zero pressure on any crypto.

- user logs in

- user trans crypto to CNY (any they chose in the current crosses)

- user puts in a bid on a crypto

regarding multiple accounts who cares its irrelevant, if they really want to see it list so bad and its passed the (scam test ) more power to them .

btc38..imo you should add more coins .

I don't think this is a workable solution. Not only will this put downward pressure on their cryptocurrencies against CNY, but it is not impervious to Sybil / sockpuppet attacks as mentioned further up in this thread. It's also no more progressive than MintPal, who require you have actively traded a minimum amount before you can vote (albeit with a removal of the paid voting), and as you may or may not know, the MintPal voting system is already successfully Sybil attacked on an ongoing basis.

btc38 already agreed that this is unworkable:


Elsewhere in this thread someone mentioned something to the effect of "making it harder to vote makes it harder to use", which is also true. If, for example, you use GPG as a way of reducing identity, you make it substantially harder for non-technical traders to vote, but you don't stop someone clever from creating thousands of GPG keys. Right now there is no solution to this - Intel tried to solve this by baking an RSA key into their TPM module that all business laptops have, but that is years away from streamlined integration into a browser, and even then it's problematic because some ethernet cards come with a TPM module.

lol i am curious

i seen you reserved your spot hahaha

suggestions and updates added on my reserved reply !

The smoking gun is your utterly moronic idea of "1 vote per account". Your inability to spell was just icing on the already sizeable cake.

You're quick to throw the word "troll" out when you miss that I'm not trolling you, I'm calling you out for being of average intelligence. This alone destroys any shred of credibility you thought you had, and cements what everyone else knew about you already. And incidentally, I don't dislike you, I just think you're a jackass that has no room to speak.

Now don't get me wrong: there is nothing wrong with being average. However, it does matter when you're all up in everyone's face telling them that their coin is shit - even when I agree with you in perhaps 90% of the cases. If you want to call a coin out you'd better make sure you're unimpeachable...and you, Spoetnik, are far from that.

I therefore reject your previously expressed notion as being both moronic and ironic: "I am the smart one here so deal with it." Right.

Wow ya got me i misspelled some words ..there is your smoking gun i am a horrible monster.

congrats on having a foul attitude and derailing this thread with clear Trolling.
I am sure the OP appreciates your behavior here.

@OP
I am sorry for what has gone on here on your topic and i will try and get this to die down so you can get on with your topic.

i guess if a guy doesn't like me then i deserve to be trolled and attacked and insulted ?
All i did was try and answer the OP's question(s)
no idea why this wacko came out of the wood work to have a go at me..

*diarrhoea
*you're
*you're
*exchanges
*you're
*Kind of
*you're
*Cryptsy
*handed (?)
*been done before,

Now that we've cleared up your utter inability to use the English language, let's deal with your utter inability to understand basic logic.

Somewhere in the word-vomit you imagine made me "look like a fool" you had this bizarre analogy with containing a virus. I have no idea how this is relevant, so I'm not even going to try. Your AMAZING and UNIQUE and SPECIAL system that you think has any value whatsoever has a major flaw that I pointed out. Is this a new flaw that nobody has ever thought of? Nope...this is a well known issue. I'll quote a Wikipedia article that has the most basic of information (http://en.wikipedia.org/wiki/Sockpuppet_(Internet)#Ballot_stuffing) - "Sockpuppets may be created during an online poll to submit multiple votes in favor of the puppeteer." Seriously. It's the most basic use of sockpuppets online. This is not magical fucking mathematics, this is basic logic.

My Jackpotcoin comment had nothing to do with your comment up-thread. It had to do with you whinging about how all the other altcoins on the planet are bad, and yet still supporting a piece of fucking shit Novacoin fork that offers nothing revolutionary and no reason to even exist in the cesspool or shitcoins. You're an embarrassing hypocrite to any altcoin or service  you support.

Incidentally, I think Cryptsy is a piece of shit, and I refuse to use it. You're barking up the wrong tree, fella. I just think you're a retarded fuckface and felt compelled to say so.

Here is my "philosophical" interpretation of your lippy bitch verbal diarrhea

lets get it into shall we

First off in response to your first point..
You are who ?
Maybe i would think your a dumbass also but well uhhh.. your a nobody lol
so STFU your opinion means squat.

and i never demanded anyone justify their coins existence.. it seems the exchange are.. it's their job !
so what does that have to do with me ?
and there is nothing wrong with Jackpot coin either i don't get how your implying something negative about it.
i would not support a bad coin

kinda funny how in the last year random nobodies have come out of nowhere to troll on me..
wouldn't have anything to do with corrupt scammers i have exposed would it ? hmmmmmmmm LOL
I guarantee 100% your cowards, chicken shits who i know as other another user name like iGotSpots or other lying scammers
or even Crypty back room boys and their scammy cunt mod staff or other misc scamming faggots in this scene i have hand their ass too
You guys are little TROLLING pussies.

And you wanna hear the definition of dumbass ?
in response to you claiming "MY" voting idea was dumb i say,
Your retort on that is the logical equivalent of saying "hey why bother trying to contain the ebola virus ?"
after all it only kills *some people and only *some people get infected.

THAT is tired ass stupid crypto-broken-logic repeated in this Altcoin scene endlessly.
you guys REALLY love tacking that one onto just about everything around here.. LOL @ U
the whole you can't stop everyone, so lets not even try logic.. ya your sooooooo brilliant  

And i was not bragging you were reading in between the lines..

i said what i said to make it clear for starters because i did not know if the OP has a masterful level of English.
and secondly i said that for a reason.. in case it had been done before i wanted to say i had not seen or heard of it being done
and so if it had and it had failed then please someone speak up and let me know.. was the point.
And somehow all you got out of that is i was bragging.. sorry but you truly are the dumb one here LOL

You don't have a good grasp of reading comprehension clearly.. the "add JackpotCoin" comment was clearly a joke ..at least to smart people.

I don't know even know what Tumbler is really LOL
I don't use faggy Social media shit of any kind..
I leave that gay shit for blow-hard's on Bitcointalk and women and children.

Bottom line ?
I am the smart one here so deal with it.
And try better next time because you troll-fail kid.. i just made you look like a fool and laid out my 1,034th troll  
No Troll on the internet has ever gotten one over on me.. i take all comers and lay them all out !
me = 1,034 KO's and all of you = don't make me even break a sweat.. i am bullet proof !

you want to talk about being embarrassed ?
YOU should be, because i pointed out how you had no idea what i said earlier and how you made yourself look like a fool.
Work on Reading comprehension.. it will allow you to up your troll game

thanks for your precious views.
For 2,
If we allow user only have one vote, they can register more account to vote.
If we forbid new account, other would not visit our website.
It is a mind-bending problems

We will pay more attention on communication.
Thanks.

We will develop another way to login ASAP.
Our voting system is try to attract more people get invo involved, it is not good to set limit like top 50.

Bittrex recently listed USBcoin, but it was a scam with extra coins hidden by clever coding tricks. If Bittrex had looked at the coin's source code before listing it they would have seen it was a scam. It might be a good idea to review source code before listing a coin, if you don't already do it.

I think if you added Plankton (FOOD) to BTC38, it would help people trade for longer