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Topic: I want to invest $200K to set up an exchange and I need your help (Read 3098 times)

legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
This doesn't make sense that a person who can afford to invest $200,000 monthly and going to set up an exchange is asking for help from random users here on this forum.
BTW Poloniex have many altcoins on their platform to trade, so mostly altcoins trader prefer using it.
I am using Bittrex from the start and i prefer it over poloniex because of the variety of altcoins, many other exchanges lacks famous profitable altcoins on their platform.
It is not a bad thing to want to get a random idea from people.
As far as I am concerned, they always help. The fact that the OP had $200,000 does not mean he could find this forum as an interesting place to get knowledgeable ideas on how to kick start his project and does not mean he has sourced for ideas somewhere else. After all, he even gave $50 to the first few people who answered his question, would you have been that generous? Grin
copper member
Activity: 1050
Merit: 294
This doesn't make sense that a person who can afford to invest $200,000 monthly and going to set up an exchange is asking for help from random users here on this forum.
BTW Poloniex have many altcoins on their platform to trade, so mostly altcoins trader prefer using it.
I am using Bittrex from the start and i prefer it over poloniex because of the variety of altcoins, many other exchanges lacks famous profitable altcoins on their platform.
sr. member
Activity: 491
Merit: 250
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
Lol I was about saying the same thing, and someone already said so. You want to know why people are into Poloniex ? That’s simple– it’s just because Poloniex is an old exchange and has been there for a long time offering reliable services. So if you think the people will leave a trusted site for a new site, you are just wasting time.

200.000$ and he comes here to ask for help, that is a joke. He needs to be trolled and criticized, and not just OP, others that are "trying to help him" for 50$ if they are in first 10 comments.
One more newbie that claims to have a lot of money, I can't count how many similar topics I saw in all my time spent here, and non of all of them come back ever again here after creating topic. This is one more joke thread, and I don't know what this people who create this profiles just to post this think. Why are they doing this? Collecting free ideas, testing what community thinks about something? What is the point?
Haha…I was wondering the same– newbies who are richer than the oldies lol. Or are these old members that creates new account to play trolls online? lmao. I’ve seen lots of posts like this one requesting that people suggest ideas for them, and they’re mostly newbies, none is an old member.
It doesn’t matter at all whether someone is newbie or not. I must say that this is really a good thing that we are seeing this much newbies who are willing to invest their money into bitcoin. This is really a good thing and we need to guide them in a better way. I will suggest him not to invest your money into it until and unless you are not having this much of knowledge that you can perform well in trading.
legendary
Activity: 3122
Merit: 1140
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
Lol I was about saying the same thing, and someone already said so. You want to know why people are into Poloniex ? That’s simple– it’s just because Poloniex is an old exchange and has been there for a long time offering reliable services. So if you think the people will leave a trusted site for a new site, you are just wasting time.

200.000$ and he comes here to ask for help, that is a joke. He needs to be trolled and criticized, and not just OP, others that are "trying to help him" for 50$ if they are in first 10 comments.
One more newbie that claims to have a lot of money, I can't count how many similar topics I saw in all my time spent here, and non of all of them come back ever again here after creating topic. This is one more joke thread, and I don't know what this people who create this profiles just to post this think. Why are they doing this? Collecting free ideas, testing what community thinks about something? What is the point?
The point is "OP just like to add up some stats on his Thread posted." haha. This is why this thread shouldn't really be answered at all and as ive read most comments here are just criticizing and trolling which he do really deserve such thing.$200k investment for a new exchange isn't a bad start but without showing any proofs would really just remain a joke.People would always go into those reputable exchanges than on this new one if he would able to build.
full member
Activity: 502
Merit: 100
TheFutbolCoin
Bittrex is a good place to trade.Go there and invest there,
But be careful in trading, if you can not, then your money will run out in an instant.Find the cheapest price and invest there.
full member
Activity: 368
Merit: 104
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
Lol I was about saying the same thing, and someone already said so. You want to know why people are into Poloniex ? That’s simple– it’s just because Poloniex is an old exchange and has been there for a long time offering reliable services. So if you think the people will leave a trusted site for a new site, you are just wasting time.

200.000$ and he comes here to ask for help, that is a joke. He needs to be trolled and criticized, and not just OP, others that are "trying to help him" for 50$ if they are in first 10 comments.
One more newbie that claims to have a lot of money, I can't count how many similar topics I saw in all my time spent here, and non of all of them come back ever again here after creating topic. This is one more joke thread, and I don't know what this people who create this profiles just to post this think. Why are they doing this? Collecting free ideas, testing what community thinks about something? What is the point?
Haha…I was wondering the same– newbies who are richer than the oldies lol. Or are these old members that creates new account to play trolls online? lmao. I’ve seen lots of posts like this one requesting that people suggest ideas for them, and they’re mostly newbies, none is an old member.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
Lol I was about saying the same thing, and someone already said so. You want to know why people are into Poloniex ? That’s simple– it’s just because Poloniex is an old exchange and has been there for a long time offering reliable services. So if you think the people will leave a trusted site for a new site, you are just wasting time.

200.000$ and he comes here to ask for help, that is a joke. He needs to be trolled and criticized, and not just OP, others that are "trying to help him" for 50$ if they are in first 10 comments.
One more newbie that claims to have a lot of money, I can't count how many similar topics I saw in all my time spent here, and non of all of them come back ever again here after creating topic. This is one more joke thread, and I don't know what this people who create this profiles just to post this think. Why are they doing this? Collecting free ideas, testing what community thinks about something? What is the point?
legendary
Activity: 1386
Merit: 1058
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
Lol I was about saying the same thing, and someone already said so. You want to know why people are into Poloniex ? That’s simple– it’s just because Poloniex is an old exchange and has been there for a long time offering reliable services. So if you think the people will leave a trusted site for a new site, you are just wasting time.
sr. member
Activity: 742
Merit: 253
This is a good stage when you start trying with bitcoin investments, with huge capital in every nine that grows. namin it would be better if you try to join and invest with ico, now many ico in circulation, and I am sure with the investment budget of $ 200k / month.
this will give you a lot of benefits, I will give you a recommendation https://bitcointalksearch.org/topic/annicomrp-money-rebel-platform-links-fiat-crypto-in-one-rebellious-app-2212650
member
Activity: 86
Merit: 10
 
  It is  a great idea I am also have this idea and I want to run my own exchange platform if you want to be my partner you are welcome I have all knowlege to  run an exchange platform please PM
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
It is time to enjoy the people who are having the bitcoin and they are investing in the bitcoin. The price of the bitcoin will be high in the future and the users will continue to invest in the bitcoin for the long term.200k is a very high amount of the money so they are very lucky to have that much high amount of the money and investment for your future.

A high amount really for spending on some other things but for making an exchanger? I think 200k$ is not so enough since marketing it will cost millions and the other maintenance cost can possibly more expensive to take. So better we shouldn't set some budget and its better that we have stretchable balance so that we can give an excellent quality service to the traders,

Please check investment for web development platform cycle that will not cost this much create site and maintain with the dashboard level monitering team also. I don't know in which aspects you have said it without proper knowledge about the creation. Traders will fndcyour site start trading additionally that and all your profit.
full member
Activity: 316
Merit: 110
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
It is time to enjoy the people who are having the bitcoin and they are investing in the bitcoin. The price of the bitcoin will be high in the future and the users will continue to invest in the bitcoin for the long term.200k is a very high amount of the money so they are very lucky to have that much high amount of the money and investment for your future.

A high amount really for spending on some other things but for making an exchanger? I think 200k$ is not so enough since marketing it will cost millions and the other maintenance cost can possibly more expensive to take. So better we shouldn't set some budget and its better that we have stretchable balance so that we can give an excellent quality service to the traders,

I think with that kind of money, he/she should already know the risks and dont just ask anybody to make transaction. Can ask and find out more on the suggestion but dont really make others do transaction for you. Try experimenting 1st before going in.
full member
Activity: 181
Merit: 100
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
It is time to enjoy the people who are having the bitcoin and they are investing in the bitcoin. The price of the bitcoin will be high in the future and the users will continue to invest in the bitcoin for the long term.200k is a very high amount of the money so they are very lucky to have that much high amount of the money and investment for your future.

A high amount really for spending on some other things but for making an exchanger? I think 200k$ is not so enough since marketing it will cost millions and the other maintenance cost can possibly more expensive to take. So better we shouldn't set some budget and its better that we have stretchable balance so that we can give an excellent quality service to the traders,
hero member
Activity: 854
Merit: 501
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
It is time to enjoy the people who are having the bitcoin and they are investing in the bitcoin. The price of the bitcoin will be high in the future and the users will continue to invest in the bitcoin for the long term.200k is a very high amount of the money so they are very lucky to have that much high amount of the money and investment for your future.
full member
Activity: 140
Merit: 100
Oh great, another "Newbie" claiming to have $200k to start an exchange. I will give you a tip - people in the cryptoworld don't trust newbies. Either back your claims with proof or be prepared to be trolled.
sr. member
Activity: 812
Merit: 251
I ve sent $50 tip to first 10 people who have replied. Thanks everyone for your help.

If anyone else wants to give some advice you are welcome however I am out of the budget for this post

So generous of you dude Smiley
Well, even I'm late for giving advise to your concerns. Establishing your own exchange site platform was not that easy to do, it needs a big idea about it and you must create team for this matter. even you have a big capital if you have no team that will help
 you for this it will be hard for you to manage it alone. And it will be useless whatever good plan and idea you have.
hero member
Activity: 1008
Merit: 500
If i were you i will use half of it to open a business in real world, and half of it in cryptoworld maybe i will do trading cause i dont have any knowlegde in investing on hyip.
sr. member
Activity: 882
Merit: 269
@Deathwing

Thanks for your reply. I ve sent BTC, hope they will be with you shortly

1. By traders you mean people doing arbitrage or traders who are doing something else?
6. Why do you think it will not be profitable in the long term?



1 - Altcoin traders, people who only focus on trading all kinds of coins whether if it's popular or just nothing but a shitcoin.

6 - Mainly fees, and the time you spend transferring the coins between the sites will hurt the amount you earn.

Correct for number 6. I did experience it that when my coins arrived on the other exchanges the price already drops down because of too much time in confirmations that it takes almost half a day.Though there are many factors affecting it, sped is really important.
newbie
Activity: 10
Merit: 0
This seems doubtful, a newbie account, asking for advice about how to open an exchange and that has 200000 every month to spare, it is too good to be true and when that happens most likely it is.
A newbie only signifies a newly created account, it does not tell anything about one's experiences and exposures as you can equally  see a number of newbies making meaning contributions in their posts, while couple of high ranking member drift off tangentially from topic on hand.
You are right about it but that is not what it is happening here, in this thread a newbie ask about how to open an exchange and that he has 200000 monthly if he had that much money it will be better to hire experts and lawyers instead of asking for advice in a forum in which almost no one has experience creating exchanges.

Because spending $500 to get a feeling from a large community is so much money /sarcasm
sr. member
Activity: 994
Merit: 257
This seems doubtful, a newbie account, asking for advice about how to open an exchange and that has 200000 every month to spare, it is too good to be true and when that happens most likely it is.
A newbie only signifies a newly created account, it does not tell anything about one's experiences and exposures as you can equally  see a number of newbies making meaning contributions in their posts, while couple of high ranking member drift off tangentially from topic on hand.
You are right about it but that is not what it is happening here, in this thread a newbie ask about how to open an exchange and that he has 200000 monthly if he had that much money it will be better to hire experts and lawyers instead of asking for advice in a forum in which almost no one has experience creating exchanges.
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