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Topic: Exchange for sale - Coinnext - page 4. (Read 5163 times)

full member
Activity: 224
Merit: 100
June 18, 2014, 11:46:28 AM
#29
Would you be interested in getting in on a project like this?

https://bitcointalksearch.org/topic/cryptney-bringing-crypto-currency-to-the-masses-656861

You responded to my other, looking for a team post. And this just seems to fall right in line with it to be honest.
legendary
Activity: 1498
Merit: 1000
June 18, 2014, 11:45:07 AM
#28
Gweedo would you be willing to the dev? I got a IPO going for it.

I can dev for a little bit, but I really would rather put money up and be a capital partner.
full member
Activity: 224
Merit: 100
June 18, 2014, 11:43:45 AM
#27
Gweedo would you be willing to the dev? I got a IPO going for it.
sr. member
Activity: 252
Merit: 250
June 18, 2014, 11:40:37 AM
#26
i'd be happy with a group buy.
legendary
Activity: 1498
Merit: 1000
June 18, 2014, 11:39:40 AM
#25
It looks like they do, they got a chatbox and there is chatter.

I am more concern with how many of those users have deposited money on the service and are using it.


The front end looks very nice and impressive. Cost is a little step and monthly profit from fee will not cover operation cost for a while.

Gweedo, if you are interested to take over and want to reduce the risk. I am willing to take a small equity stake with partial shareholder right.


Now this is a GREAT IDEA.


If someone draws up good terms, and I can throw in for a group buy.
sr. member
Activity: 252
Merit: 250
June 18, 2014, 11:29:16 AM
#24
It looks like they do, they got a chatbox and there is chatter.

I am more concern with how many of those users have deposited money on the service and are using it.


The front end looks very nice and impressive. Cost is a little step and monthly profit from fee will not cover operation cost for a while.

Gweedo, if you are interested to take over and want to reduce the risk. I am willing to take a small equity stake with partial shareholder right.


Now this is a GREAT IDEA.
legendary
Activity: 1067
Merit: 1000
June 18, 2014, 11:21:54 AM
#23
It looks like they do, they got a chatbox and there is chatter.

I am more concern with how many of those users have deposited money on the service and are using it.


The front end looks very nice and impressive. Cost is a little step and monthly profit from fee will not cover operation cost for a while.

Gweedo, if you are interested to take over and want to reduce the risk. I am willing to take a small equity stake with partial shareholder right.
full member
Activity: 224
Merit: 100
June 18, 2014, 10:41:51 AM
#22
If this helps any it says
Quote
Total Volume:1.6709 BTC
Total Trades:5737

legendary
Activity: 1498
Merit: 1000
June 18, 2014, 10:39:46 AM
#21
It looks like they do, they got a chatbox and there is chatter.

I am more concern with how many of those users have deposited money on the service and are using it.
full member
Activity: 224
Merit: 100
June 18, 2014, 10:38:48 AM
#20
It looks like they do, they got a chatbox and there is chatter.
legendary
Activity: 1498
Merit: 1000
June 18, 2014, 10:36:12 AM
#19
Any current revenue figures?

We have a 3 month promotion to charge 0% fees ongoing. So no revenue is currently made.

50 BTC for no revenue... how did you come up with that validation?

Write 100 skilled developers / developer companies (not off-shore, the quality they can provide is just not sufficient for a financial exchange that is supposed to hold up to millions of user funds) and ask for a quote of a project similar that we have. Let me know the average quote price.

Optionally, you can also add the price of the security team we hired (and every exchange should) to completely audit our app. The price of the custom branding / UI if you were to hire someone for that, I can continue.. We are also beyond a software project, we are a brand that is out there in the market, live and successfully trading for over month, which is the best proof of concept you could ask for to judge software.

Ok but this is not how valuation of a company is computed, valuation of a company is based on revenue not how much you put into building the site. Do you have at least have some users?
member
Activity: 112
Merit: 10
June 18, 2014, 08:51:07 AM
#18
A few questions:

1) What is the process to add another coin on the exchange?
2) How is the wallet security being handled?
3) What development skill is needed? What framework is the platform written on?
Thank you

1) You would need to compile the coin from its github source, this is technically not so hard but requires a small learning process, it could also easily outsourced by anyone. After that put the wallet on our server and we have made a script that easily adds the markets and necessary variables everywhere. Although we made it as easy as possible, this is still something that I strongly advice a developer does however.
2) Our coin wallets are divided over 3 separated servers, high value coins like BTC and LTC reside on one, while brand-new untested coins reside on another. Only the trading engine can access these wallet servers, and only the front-end server can access the trading engine.
We keep over 90% of funds in cold storage, for BTC we use Armory for that. We have a fraud-checker in place that will scan every withdrawal request for abnormalities and block the payout for manual processing if need be. Basically we have covered every trick in the book to maximize our user funds safety.
3) The platform is written on Node.js using Express. A developer with sufficient knowledge of javascript would be necessary to develop new features.
legendary
Activity: 1067
Merit: 1000
June 18, 2014, 08:35:42 AM
#17
A few questions:

1) What is the process to add another coin on the exchange?
2) How is the wallet security being handled?
3) What development skill is needed? What framework is the platform written on?



Thank you
member
Activity: 112
Merit: 10
June 18, 2014, 07:59:41 AM
#16
Any current revenue figures?

We have a 3 month promotion to charge 0% fees ongoing. So no revenue is currently made.

50 BTC for no revenue... how did you come up with that validation?

Write 100 skilled developers / developer companies (not off-shore, the quality they can provide is just not sufficient for a financial exchange that is supposed to hold up to millions of user funds) and ask for a quote of a project similar that we have. Let me know the average quote price.

Optionally, you can also add the price of the security team we hired (and every exchange should) to completely audit our app. The price of the custom branding / UI if you were to hire someone for that, I can continue.. We are also beyond a software project, we are a brand that is out there in the market, live and successfully trading for over month, which is the best proof of concept you could ask for to judge software.
member
Activity: 112
Merit: 10
June 18, 2014, 07:44:34 AM
#15
Good job scaring away potential customers. I wish you luck upon finding a daring investor to invest in a business with a record of 0 returns. Nice. 2btc daily volume, yet you expect it can easily rise 500x by "adding new coins aggresively" which would result in you also being accused of adding scam coins which in turn leaves a bad reputation which in turn reduces users which in turn reduces volume and so on and so on. Good luck, seriously youre gonna need it.

How did I scare customers away? I've been nothing but straight forward. I never said it's easy to rise 500x, kind of lame of you to claim that, and I dare you to quote me on that. I said it's doable and that the best way we found to grow the site, ROI wise, is adding new coins aggressively. Then on top you proceed to make your own future projections based on nothing but your instinct. I'm sorry but if there is someone scaring "customers" away it is you with FUD.
full member
Activity: 224
Merit: 100
June 18, 2014, 07:40:06 AM
#14
I also to think its a good platform, If I had the capital to buy it I would...
sr. member
Activity: 322
Merit: 250
June 18, 2014, 07:13:17 AM
#13
(Although I would want to get if for 10btc if I were interested)
sr. member
Activity: 322
Merit: 250
June 18, 2014, 06:03:40 AM
#12
I'm going to stand up for him, and say that this is a fair price for it. The platform looks fairly good (I have no idea about its performance).

With some aggressive marketing it could certainly could turn a reasonable profit. Certainly enough to be a full time job for one person.
sr. member
Activity: 252
Merit: 250
June 18, 2014, 01:02:32 AM
#11
Really like it, but at 10btc thats outrageous. You guys kvervalued yourselves

Are you serious? 6000 USD? You know we charge 400 USD/day to develop/design for our clients? You know creating a platform such as we currently have will take you at least 3 months and probably more towards 6 months. On top ours is tested by several security firms and above all has been live and trading for 1 month successfully. If you don't think that is worth 6000 USD at the minimum, you are [overvaluing/b] your intelligence.

It's not like we are the last exchange ever in existence. There are many entrepreneurs who do have the time and resources to follow up on an exchange project. For them this is an absolute steal.


Good job scaring away potential customers. I wish you luck upon finding a daring investor to invest in a business with a record of 0 returns. Nice. 2btc daily volume, yet you expect it can easily rise 500x by "adding new coins aggresively" which would result in you also being accused of adding scam coins which in turn leaves a bad reputation which in turn reduces users which in turn reduces volume and so on and so on. Good luck, seriously youre gonna need it.
legendary
Activity: 1498
Merit: 1000
June 18, 2014, 12:14:20 AM
#10
Any current revenue figures?

We have a 3 month promotion to charge 0% fees ongoing. So no revenue is currently made.

50 BTC for no revenue... how did you come up with that validation?
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