To all of you that are fixated on POLONIEX adding Waves...
Check on coinmarketcap.com which exchanges have biggest volumes. Poloniex is No. 4 behind Bitfinex, BitMEX and xBTCe. No. 5 is Kraken with almost th same volume as Poloniex. Next 5 have volumes spanning 2,6mln - 4mln $ so pretty decent too
Do you know which place is taken by BITTREX? No. 24 !!! so there is 23 exchanges with better volume than BTRX which means that addition to every of those 23 exchanges will result in significant increase in total Waves volume and there is another 10 small exchanges with volume similar to bittrex for gods sake... each addition matters guys. Lets say Exmo adds waves (similar 24hr volume) it can result in 10-20% or more increase in total volume. IT CAN ONLY BE BETTER. there is like 30-40 exchanges that will make difference from where we're at now.
These people have a big difficulty to see the world beyond poloniex.
i've seem the same BS in iconomi thread, crying about only 1 small volume exchange(yeah, kraken is a small volume exchange lol).
Every coin not listed in poloniex dreams about this like it would change everything..
Somehow the forum seems broken to link posts, but it's on the last page. No ego, just to quote myself:
Somehow Waves doesn't even have a real trading market at the moment. Even observing the market 1h per week one sees the same bot trading those 1.3k and 2.3k Waves back and forth for like over a week now.
If it goes too low, it buys up, if it goes too high it dumps it. Right now at around 36-38K.
This is why an other big exchange is important. I'm not even about Polo and my oh so precious monthly trading volumes to be the cool guy with a pink name in the trollbox.
Be it Polo, Kraken or any other exchange that has the power to lift off at least 30% of the volume from Bittrex and bring other people in, will be very healthy for a market. Right now it just isn't.
It's not about Polo. It's about any exchange big enough that can remove volume from Bittrex.
Don't understand me wrong. I'm actually into Waves since summer. I love this project in many ways and will support it in the future.
I'm not a daytrader, I have a fulltime job and hobbies. But trading Waves past 2 weeks has been awful, because at the moment of writing this; Bittrex controls 80% of the total trading volume.
I mention this not because of trading. More so, because admittedly even with 10-20 btc I got corrected in either direction. I paid a "for the science fee" to both buy and sell Waves beyond the limit the bot was comfortable with.
Either way, this should not be the case. Someone being aggressive about more than that, say 50-200 btc, shouldn't affect this project. It feels wrong.
This is why I want any exchange to list it. Polo, Kraken, whatever. Just diversify it for both development and healthy price.