Author

Topic: New Proposal to reform all Exchanges (Read 985 times)

sr. member
Activity: 406
Merit: 250
March 26, 2014, 06:02:45 PM
#5
Just use an Honest, Trustworthy exchange.  Like hmmm who.. oh yeah.. Atomic-Trade    Get in and help it grow to something everyone in the crypto community can be proud of.
legendary
Activity: 2212
Merit: 1199
March 26, 2014, 05:24:51 PM
#4
Proposal reform to all Exchanges on their listing of all Crypto-coins format.

~Eliminate all Vote to list money grappling manipulable BS once for all replace with a system as in all stock markets doing:
~All new Crypto-coins eligible to be listed only as OTC (on the counter) coin as probation period until coin mature in price and traded vol acceptance.
~All Crypto-coins fall to as low as 0.00000001. will automated return as OTC status. Will be eliminate from listing after wks with no sign of improvement.
~Prohibit trades from pulling when price fall into range of +/- 0.00000010 or within 1% range, help eliminating price manipulation.

How's that sounds?

That sounds like it won't be done...

Exchanges don't scam people by listing coins, the scam by running of with customer funds , or listing the coins when normal people had no chance to deposit.

I can agree with that and I would add that regulations like those are not needed. But yes... there might be some change needed.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
March 26, 2014, 01:13:25 PM
#3
Proposal reform to all Exchanges on their listing of all Crypto-coins format.

~Eliminate all Vote to list money grappling manipulable BS once for all replace with a system as in all stock markets doing:
~All new Crypto-coins eligible to be listed only as OTC (on the counter) coin as probation period until coin mature in price and traded vol acceptance.
~All Crypto-coins fall to as low as 0.00000001. will automated return as OTC status. Will be eliminate from listing after wks with no sign of improvement.
~Prohibit trades from pulling when price fall into range of +/- 0.00000010 or within 1% range, help eliminating price manipulation.

How's that sounds?

That sounds like it won't be done...

Exchanges don't scam people by listing coins, the scam by running of with customer funds , or listing the coins when normal people had no chance to deposit.
legendary
Activity: 1008
Merit: 1007
March 25, 2014, 06:09:03 PM
#2
~All new Crypto-coins eligible to be listed only as OTC (on the counter) coin as probation period until coin mature in price

And who decides the price of the OTC coin? All you've done there is give all the power to one person instead of letting the market decide the price.
full member
Activity: 182
Merit: 100
March 25, 2014, 05:54:41 PM
#1
Proposal reform to all Exchanges on their listing of all Crypto-coins format.

~Eliminate all Vote to list money grappling manipulable BS once for all replace with a system as in all stock markets doing:
~All new Crypto-coins eligible to be listed only as OTC (on the counter) coin as probation period until coin mature in price and traded vol acceptance.
~All Crypto-coins fall to as low as 0.00000001. will automated return as OTC status. Will be eliminate from listing after wks with no sign of improvement.
~Prohibit trades from pulling when price fall into range of +/- 0.00000010 or within 1% range, help eliminating price manipulation.

How's that sounds?
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