We are open to receive good idea about how to operating an exchange.
If there is a good essay, we will translate it into chinese and publish it on our main page
www.btc38.comWhat's your opinion about following question:
1, If you were leader of exchange, what will you do facing so many coin?
2, It is wise to do voting?
3, what trait do you think a good coin should have?
4, what would you like to say to chinese?
5, what should we do will attract you do transaction on our website.
etc.
------------------------------------------------------------------------------------------------------
Firstly just want to say BTC38 (and others like it ) are important trading points for the developing shift of crypto from the "Banker" "inside market" to the global expansion that it has had and will inventively have.
So as you may know its always been my opinion that cryptocurrency will be the domain of the "BRICs" due to the fact that a lot these nations are :
1. Not receiving policy from Banks - i.e the the nations are not run directly by banking institutions, it is usually at best a power share operation or the like.
2. Tax code is much simplified in "BRICs" nations usually relying on sale an VAT or flat taxes this shifts the burden of regulation motive, and this is why Crypto will always be hampered in the "West" see these recent regulations in the US etc.
3. Currency and exchange rates - "Reserve currency" "BRICs" nations have been on the "development side" of the world for the best part of 60 years, this means that if their currency free floats it is often at a rate lower than the Bank run nations of the "West" and if it is fixed then it is often Pegged below such as the RMB -
what this means is the "Brics" nations have "less to lose" if they issue a Crypto parallel to their own or let a Crypto integrate into society, the "West" stakes everything on its unit of exchange, because we have moved so far away from "economics" the the idea of "production" we think has become irrelevant.
all this adds up to the fact that BTC38 and exchanges like it will in the future expand as others contract.
now to your Questions
---------------------------------------------------
Answers for
Question 1.
- Facing so many coins look at the obvious spam I understand this is a business but quality is going to play a part also.
- understand that at a point "more currency" is going to depredate your reputation unless there is significant way in which you can allow users to "Hide" or "turn off" from view the ones they don't want to see.
- Business is Business but reputation means a lot in this industry -
Question 2
voting is relevant because this adds a real "cost" to the crypto - for example if i was the NXTG scammers or other IPO scams i have done everything at zero cost -
so for example if you have voting and make it in CNY - anyone can transfer Crypto to a crypto listed there and then buy CNY to vote on a currency.
What just happened?
A - Well you know that the people that voted on the currency have an account because
B- they had to log in and transferred a crypto to CNY on your platform.
C- this means then that there was a cost and it doesn't discriminate The cost was in both Time and a small amount of CNY
D - so you make a vote work XXX CNY - a fairly low cost
but look what had to be done to achieve the vote THIS is the important part about voting.
Question 3
If its Pos there had to be a long PoW - period .
IPO's are dead in the water.
should have an EQ reward ( but not essential)
- Premines and etc are obvious fraud
but a lot of it can be eliminated with the vote design i outlined.
Question 4
I've mostly said it except to say - I'm Australian i know what's happening. : D
also if i go to :
http://www.btc38.com/ - so follow me here...
if i'm just a Western user i'm going to:
1. go to the browser
2. punch in
http://www.btc38.com/3. and arrive on the page
on here there is nothing that give an English speaking person any indication that there is an English version of the site - you need just a button that says "Click here if you are English" (or like) and then everything changes to English.
this simple improve might boost your English speaking users a lot.
Question 5
Some of the simple things i outlined - including a few design changes - but the big one have a "ENGLISH" button right on the front page there.
do voting make it in CNY - make people have to log on make an account and transfer CNY to their CNY account then buy votes with that, this incurs a cost in both time and money
it may give preference to account holders that already hold CNY - but that's after all the point as you are a ha ha Chinese exchange if people want to vote sign up !