Shitcoin DEX soon - page 2. | Bitcointalksearch.org

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: weidex on August 05, 2019, 06:16:43 AM

Hi guys,

we are about to release a decentralized Shitcoin DEX soon. It will be a completely decentralized exchange where you can trade shit coins, create a new one and list it to the platform. It comes with user-friendly interface. What do you think? Would you enjoy such a crypto shitstorm?

The question is, there would be someone who would tend to use it up? This is the hardest part of an exchange where they do have a hard time on finding users.
Hence, trading up shitcoin can get up some traction yet even these coins do have low value but there are traders would consider it out.

BryanK

sr. member

Activity: 812

Merit: 250

I would like to know more about this coin. How will it be different? And whether it is connected somehow with DEXes?

target

legendary

Activity: 2282

Merit: 1041

Quote from: weidex on August 05, 2019, 09:26:54 AM

Quote from: target on August 05, 2019, 08:47:01 AM

You will realize how difficult it is to promote a new exchange when you have your own exchange.

You could list shitcoins to attract attention to your exchange but you'd be disappointing users after that though and when that happen there is no assurance if your weidex will still be remembered to be a good exchange. Forkdelta will only be remembered when users are about to dump tokens only listed over there.

The thing is that the two exchanges will be completely different. weiDex is the main exchange on which we are working hard - we review each coin before being listed so to avoid scams and we also try to provide liquidity. Whereas on Shitcoin everyone can create, list and trade - no submission forms, no review period, no permissions needed. You can create your own ERC20 token and directly list it to the exchange. Anyone can do that - it is completely decentralized. You can even do it for the fun- just shit your coin there.

Kind of what Binance is doing. They created their Binance DEX to screen the best coins to be listed on their main Binance exchange. But if you are just going to list shitcoins like you said, then they're all not going to be listed to your weidex after all you just called them shitcoins.

Is it possible to just partner up with existing shit exchange?

weidex

jr. member

Activity: 243

Merit: 1

Quote from: Milamol on August 05, 2019, 10:16:48 AM

As I saw above, this will be for ERC20 tokens. But in this case there is Etherdelta / Forkdelta.
Now there are many new projects on the platforms TRON, Stellar, Binance. Many of these tokens in the future will turn out to be shit, its even more likely than in 2017-2018. At the same time, Ethereum is losing its share for new tokens. Maybe you should consider this fact.

Yes we realize that and we are now working on Atomic Swap Widget.

Milamol

member

Activity: 686

Merit: 11

As I saw above, this will be for ERC20 tokens. But in this case there is Etherdelta / Forkdelta.
Now there are many new projects on the platforms TRON, Stellar, Binance. Many of these tokens in the future will turn out to be shit, its even more likely than in 2017-2018. At the same time, Ethereum is losing its share for new tokens. Maybe you should consider this fact.

Marnihughes82

member

Activity: 363

Merit: 10

This is also a good idea. The thing that does it is quite difficult. I think it would be good to have such a trading floor, but most people will focus on selling the shitcoin they earn, few will spend money to buy them. So it will become a dead trading exchange

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: weidex on August 05, 2019, 06:16:43 AM

Hi guys,

we are about to release a decentralized Shitcoin DEX soon. It will be a completely decentralized exchange where you can trade shit coins, create a new one and list it to the platform. It comes with user-friendly interface. What do you think? Would you enjoy such a crypto shitstorm?

Personally, I don't have anything against shitcoins. They represent the time and effort spent by a lot many people. You know.... there are people with weird fetishes around the world... For example, I have heard about middle aged Japanese men who collect used panties. In Japan, there are even vending machines which dispose this stuff. You can find similar weird stories all over the world.

There may be individuals with a fetish for shitcoins. These guys can take advantage of the shitcoin DEX, and immerse themselves in the ecstasy of shitstorms. A Shitcoin DEX can even become a meeting place for all the shitcoin lovers around the world. This may include shitcoin collectors, shitcoin developers and even bounty hunters who receive shitcoin as their reward.

weidex

jr. member

Activity: 243

Merit: 1

Quote from: target on August 05, 2019, 08:47:01 AM

You will realize how difficult it is to promote a new exchange when you have your own exchange.

You could list shitcoins to attract attention to your exchange but you'd be disappointing users after that though and when that happen there is no assurance if your weidex will still be remembered to be a good exchange. Forkdelta will only be remembered when users are about to dump tokens only listed over there.

The thing is that the two exchanges will be completely different. weiDex is the main exchange on which we are working hard - we review each coin before being listed so to avoid scams and we also try to provide liquidity. Whereas on Shitcoin everyone can create, list and trade - no submission forms, no review period, no permissions needed. You can create your own ERC20 token and directly list it to the exchange. Anyone can do that - it is completely decentralized. You can even do it for the fun- just shit your coin there.

target

legendary

Activity: 2282

Merit: 1041

You will realize how difficult it is to promote a new exchange when you have your own exchange.

You could list shitcoins to attract attention to your exchange but you'd be disappointing users after that though and when that happen there is no assurance if your weidex will still be remembered to be a good exchange. Forkdelta will only be remembered when users are about to dump tokens only listed over there.

weidex

jr. member

Activity: 243

Merit: 1

Quote from: Babyrica0226 on August 05, 2019, 08:33:02 AM

Quote from: weidex on August 05, 2019, 06:16:43 AM

Hi guys,

we are about to release a decentralized Shitcoin DEX soon. It will be a completely decentralized exchange where you can trade shit coins, create a new one and list it to the platform. It comes with user-friendly interface. What do you think? Would you enjoy such a crypto shitstorm?

Your news was not new here mate, it is already happened a years now. Just like in Yobit, Etherdelta, Mercatox, almost majority of the coins listed to these platform are shitcoins to be called. Only few of the altcoins are not shit just like etherum, litecoin, Dash, Xmr, Xrp, xlm, and Bch. By the way where is the link anyway that you are talking about here dude.

I will provide the link when the DEX is ready, it will be soon.

Babyrica0226

sr. member

Activity: 854

Merit: 252

Quote from: weidex on August 05, 2019, 06:16:43 AM

Hi guys,

we are about to release a decentralized Shitcoin DEX soon. It will be a completely decentralized exchange where you can trade shit coins, create a new one and list it to the platform. It comes with user-friendly interface. What do you think? Would you enjoy such a crypto shitstorm?

Your news was not new here mate, it is already happened a years now. Just like in Yobit, Etherdelta, Mercatox, almost majority of the coins listed to these platform are shitcoins to be called. Only few of the altcoins are not shit just like etherum, litecoin, Dash, Xmr, Xrp, xlm, and Bch. By the way where is the link anyway that you are talking about here dude.

sandra_x

member

Activity: 574

Merit: 14

Most of the decentralized exchanges trade shitcoins anyway- just take a look at forkdelta for example, and they are "decentralized'. Not a bad idea though, It will be better to devote resources to projects that are worthwhile,a decentralized exchange that can really make DEX attractive to all.Another shitcoin dex won't do that.

prehisto

full member

Activity: 882

Merit: 112

Your Data Belongs To You

Nothing new there are countless " dexes" and centralized exchanges out there, 99% of them fake their volumes in addition. I personally do not understand how teams and investors are still doing new exchange projects, i dont understand how they plan to make money in this market.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

It's not so bad to try that but which coin that will be categorized as a shitcoin? i hope that you will not put scam coin in your site.
But i doubt if there will be a lot of people will try to buy those shitcoins.
But you must try to create a polling for that.

weidex

jr. member

Activity: 243

Merit: 1

Hi guys,

we are about to release a decentralized Shitcoin DEX soon. It will be a completely decentralized exchange where you can trade shit coins, create a new one and list it to the platform. It comes with user-friendly interface. What do you think? Would you enjoy such a crypto shitstorm?

Topic: Shitcoin DEX soon - page 2. (Read 302 times)