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Topic: solidcoin24 Exchange [BTC,NMC <-> SLC] - page 2. (Read 3021 times)

sr. member
Activity: 644
Merit: 250
August 31, 2011, 08:34:10 AM
#7
You're probably right. I am already thinking of renaming the exchange.
I could've thought of that before  Sad
Maybe it's because I am a programmer and not a marketing expert  Wink
member
Activity: 112
Merit: 10
August 31, 2011, 08:26:46 AM
#6
btw 1SLC = 0.015 to toy with Wink
You are right. Corrected.

As for the naming:
First of all it is an exchange, not an ewallet. Don't store too large amounts of BTC/SLC there anyway.
I know I have to earn trust and I am willing to do so. (Honestly, if I had planned to scam you I would've chosen another name, wouldn't I?)
I just think that mysolidcoin (like mybitcoin) are nice names and it's a shame that they were dragged through the mire (at least mybitcoin). Hopefully my service can convince nonetheless and when you hear "mysolidcoin" you'll think of a nice service instead of a big scam.

I honestly think it's somewhat unfortunate that human nature and the operation of human memory is such that two things can be instinctively linked in a negative way by the human brain simply due to a shared grammatical structure...

But given that it is human nature to link things that way, I gotta tell you...

You've got some huge brass balls being willing to give a serious go at the name. Smiley
sr. member
Activity: 644
Merit: 250
August 31, 2011, 08:14:48 AM
#5
btw 1SLC = 0.015 to toy with Wink
You are right. Corrected.

As for the naming:
First of all it is an exchange, not an ewallet. Don't store too large amounts of BTC/SLC there anyway.
I know I have to earn trust and I am willing to do so. (Honestly, if I had planned to scam you I would've chosen another name, wouldn't I?)
I just think that mysolidcoin (like mybitcoin) are nice names and it's a shame that they were dragged through the mire (at least mybitcoin). Hopefully my service can convince nonetheless and when you hear "mysolidcoin" you'll think of a nice service instead of a big scam.
sr. member
Activity: 252
Merit: 251
August 31, 2011, 06:40:36 AM
#4
Hm... MySolidcoin...

Fool me once, shame on you. Fool me twice, GOD FUCKING DAMNIT BRUCE!!

Just kidding. MyBitcoin didn't fool me.

But in all seriousness... Well, if you'll pardon my bluntness, why in the hell did you name your site so similar to what was probably the largest fraud and scam in cryptocurrency history?

LOL agreed. Bad naming really, unless it's a clever troll designed for humour. In which case, good work.
member
Activity: 112
Merit: 10
August 31, 2011, 06:29:42 AM
#3
Hm... MySolidcoin...

Fool me once, shame on you. Fool me twice, GOD FUCKING DAMNIT BRUCE!!

Just kidding. MyBitcoin didn't fool me.

But in all seriousness... Well, if you'll pardon my bluntness, why in the hell did you name your site so similar to what was probably the largest fraud and scam in cryptocurrency history?
hero member
Activity: 504
Merit: 502
August 31, 2011, 06:10:02 AM
#2
btw 1SLC = 0.015 to toy with Wink
sr. member
Activity: 644
Merit: 250
August 31, 2011, 03:50:38 AM
#1

I released a BTC/SLD exchange called solidcoin24 (www.solidcoin24.com).
I tried to make the service a bit more newbie-friendly and easier to use for people who have no trading experience yet (e.g. I added confirmations and explanations to most trading actions). I hope this will help get Solidcoin more popular.
Also, the trading completition approach is slightly different. While most exchanges require you to give a buy-target and an upper limit for what you want to spend, my exchange requires you to give a lower limit for the amount you want to get and a fixed spend amount.

Example:
You have 10 BTC and want as many SLC as possible.

In most exchanges you would have to chose a certain exchange rate and if you are lucky, the order is completed and you have some BTC left. Then, you would place a new order to spend the remaining BTC and repeat over and over until you spent all your BTC.

At solidcoin24.com you can place an offer like this:
I offer: 10 BTC, I demand: at least 500 SLC
solidcoin24 will then try to buy as many SLC as possible, until all 10 BTC are spent.

Another feature are 'atomic' trades:
They are invisible, indivisible and will only be completed if they can be completed at once. So they don't influence the market until the order is completed. They also don't appear in the ask/buy list (that's why they're invisible).
I introduced this feature because I wanted to avoid a certain trading behaviour: Some people, including me, don't want to place an order and leave it there for a longer time.

Example:
I want to sell my 5,000 SLC for a nice amount of BTC, but I can wait.
If I place an order (5,000 SLC is quite much currently, comparable to, say, 10,000 BTC in terms of market influence) other people will see a huge sell wall. What they think is "Oh no, there's a huge sell wall, the price won't go up anytime soon". This is exactly what you want to avoid because the exchange rate is likely to go down or at least unlikely reach your rate. Solution: invisible atomic trades.

Everybody who signs up will get a free Solidcoin (that's 0.015 BTC) to toy with. (50 users have been reached)

So please try it out and tell me what you think  Smiley
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