Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: 🏰 TradeFortress 🏰 on April 13, 2013, 01:57:43 AM



Title: What would you like to see in an altcoin exchange?
Post by: 🏰 TradeFortress 🏰 on April 13, 2013, 01:57:43 AM
Title.


Title: Re: What would you like to see in an altcoin exchange?
Post by: pat1900 on April 13, 2013, 02:02:06 PM
A trading engine and user interface free from PHP, Ajax and JavaScript.   :P


Title: Re: What would you like to see in an altcoin exchange?
Post by: Ryu.Hayabusa on April 13, 2013, 02:30:16 PM
A trading engine and user interface free from PHP, Ajax and JavaScript.   :P

+1

If there was something similar to thinkorswim's trading platform I would gladly pay just to have access to the live data and technical analysis tools!


Title: Re: What would you like to see in an altcoin exchange?
Post by: matauc12 on April 13, 2013, 02:37:45 PM
I rarely "sit a my computer and do whatever" anymore, so for me its all about mobile. 100% tablet and phone integration. I have yet to see good charts and tools on mobile.


Title: Re: What would you like to see in an altcoin exchange?
Post by: jubalix on April 13, 2013, 02:53:56 PM
Title.

about 100,000 of these should do it in the interim period

http://www.bteex.com/

Google infrastructure is good

lets do it, cut out the bit exchanges problem solved

EDIT 1

Seriously a few good coders and there are api's google .gs scripts, javascript available and all sorts of integration, we can get something together, and en-mass clone it...local exchanges everywhere...and by local I mean in your street.

EDIT 2 design philosophy,

Ok a few layers are needed

[1] a more automated front end with scripts

order of (n) scaling
[2] A way for these to communicate with each other or some torrent like or rss feed or scaled data aggregate data

so feed data up to some sort of aggregate sheet or any number of sheets so that no one sheet is overloaded, eg 1 - 10 feed plus

10 exchanges feed up to one upper spread sheet they do calcs and 10 of those feed up to another upper sheet, this way the caac load is very distributed and easy to grow

Feed down same way 1 to 10 down......6 steps allows for 1 million exchanges each spread sheet only has to do 10 calcs

expand on these ideas


Title: Re: What would you like to see in an altcoin exchange?
Post by: EnergyVampire on April 13, 2013, 02:54:52 PM
1. Normal quotes (i.e. BTC/LTC instead of LTC/BTC, BTC/NMC instead of NMC/BTC, etc.)
2. Transparency
3. FIX Protocol
4. Liquidity Rebates
5. Professional trading platform
6. Margin trading optional (i.e. leverage, gearing)
7. Shorting (no naked shorting)
8. Every possible pair combination (i.e, BTC/LTC, BTC/NMC, NMC/LTC or LTC/NMC)
9. >99% server uptime
10. Free altcoins for registering.  ;D

Edit: for clarity


Title: Re: What would you like to see in an altcoin exchange?
Post by: qxzn on April 13, 2013, 02:59:43 PM
2. Tranparency

Can you elaborate on this one?


Title: Re: What would you like to see in an altcoin exchange?
Post by: matauc12 on April 13, 2013, 03:04:50 PM
1. Normal quotes (i.e. LTC/BTC instead of BTC/LTC, NMC/BTC instead of BTC/NCM, etc.)
2. Transparency
3. FIX Protocol
4. Liquidity Rebates
5. Professional trading platform
6. Margin
7. Shorting
8. Every possible pair combination (i.e, LTC/BTC, NMC/BTC, NMC/LTC or LTC/NMC)
9. >99% server uptime
10. Free altcoins for registering.  ;D

6. I assume you mean margin call? Because ''margin'' isn't a ''thing''
7. That would mean centralizing exchanges more as it means you bet against the broker.
8. You don't want too many pairs, you want the essentials. Many reasons for that.


Title: Re: What would you like to see in an altcoin exchange?
Post by: Ryu.Hayabusa on April 13, 2013, 03:10:14 PM
Maybe they meant leverage?


Title: Re: What would you like to see in an altcoin exchange?
Post by: matauc12 on April 13, 2013, 03:51:55 PM
Maybe they meant leverage?
Leverage also implies betting against the broker. You seriously don't want that. Especially since its not fixed lots. The best and safest way to exchange is an exchange platform that connects order books, not broker involved. When there is brokerage, its like casino, the broker has an edge.