Author

Topic: create a exchange site with new ideas (Read 766 times)

legendary
Activity: 1750
Merit: 1115
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December 02, 2016, 06:24:39 AM
#9
The scalability of the website died right at the point where you want people to be able to trade without revealing their identity.Such websites do exists on te dark net mainly but not possible on the clear net due to the restrictions by the law.In simple terms,abide by the exchange laws or find yourself behind the bars.
member
Activity: 111
Merit: 100
December 01, 2016, 06:42:58 PM
#8
The only way this would survive, is if you created some decentralized exchange. You know most of these exchange sites are prime targets

for hackers and centralized exchanges that do not adhere to local regulations, will be taken down. You would also have to find a way to link

Fiat? Good luck with your project... Many have tried and even more have failed.  Roll Eyes

Agreed. If you could make something like Bitaquare only a lot faster. Other than that there is way too much competition.
legendary
Activity: 1904
Merit: 1074
December 01, 2016, 12:15:52 PM
#7
The only way this would survive, is if you created some decentralized exchange. You know most of these exchange sites are prime targets

for hackers and centralized exchanges that do not adhere to local regulations, will be taken down. You would also have to find a way to link

Fiat? Good luck with your project... Many have tried and even more have failed.  Roll Eyes
legendary
Activity: 3206
Merit: 1348
December 01, 2016, 08:52:22 AM
#6
Hi,
Creating an exchange is easy. Creating a successful exchange is very difficult.
All the ideas you mean ruined have either already been implemented into other exchanges or just aren't advisable.
Foreign currencies aren't new and lots of exchanges already allow that.
As far as no login/identit verification goes you'll face a lot of system abuse and a lot of people using illegally sourced funds. There's a reason why people are hesitant to use PayPal when selling BTC.

If you genuinely believ in your idea then go for it, but I seriously think in order for it to be successful you'd need a lot more than the things you've laid out to do so far.
legendary
Activity: 1120
Merit: 1008
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December 01, 2016, 08:07:22 AM
#5
-Foreign currency exchange
-Bitcoin wiser store
-Exchange without login or identity verify
- Foreign currency exchange = you need to comply with financial regulation of all countries where you will provide this service
- Bitcoin store = you can start this but you need to have escrow in between because bitcoin payment can't be reversed or charge backed.
- Exchange without login or identity verify = You may get into really big trouble regarding legal issue or tracking exchange when there will be problem
newbie
Activity: 30
Merit: 0
November 30, 2016, 09:16:28 PM
#4
I hope you a a couple million to start because thats what it takes now. Thats just for a seat at th table.
legendary
Activity: 1106
Merit: 1000
November 30, 2016, 11:23:56 AM
#3
Uhm.. Your ideas aren't exactly new.. And in fact pose a counter-productive scheme..
Without identity verify or login, you can't exchange FOREX..

I think OP plans implement an exchange service which you can login and doing trading activity and also you can exchange instantly without sign up/identity.

Like you said it's not new and I personally pretty much found site which have these features. In OP plan case should be have a lot reputation, combined exchange+store. Also the security system must in high level.
legendary
Activity: 854
Merit: 1000
November 29, 2016, 11:50:38 PM
#2
Uhm.. Your ideas aren't exactly new.. And in fact pose a counter-productive scheme..
Without identity verify or login, you can't exchange FOREX..
newbie
Activity: 2
Merit: 0
November 29, 2016, 07:05:29 PM
#1
I'm thinking about creating a new bitcoin website these days with new internet technology and ideas. The websites is special to other normal ones.
New things included in the site:
-Foreign currency exchange
-Bitcoin wiser store
-Exchange without login or identity verify
-..........
Now I would like to invite someone who have any ability below to join me.
-Can do internet programming
-Know a lot about bitcoin transaction
-Have experience on making a business websites
-In Mensa
You can contact me by:
Send me a message
email:[email protected]
ICQ:701135560
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