Bitcoin Forum

Bitcoin => Project Development => Topic started by: cryptoproject on March 06, 2017, 09:31:57 PM



Title: crypto coin project idea
Post by: cryptoproject on March 06, 2017, 09:31:57 PM
hi,

is developing another localbitcoins with multiple coins including bitcoin is a good practice?

coin seller will be verified companies only and buyers will be individuals.

payment methods are all those used by lbc and paxful

please guide


Title: Re: crypto coin project idea
Post by: bitbollo on March 06, 2017, 10:47:11 PM
hi,

is developing another localbitcoins with multiple coins including bitcoin is a good practice?

coin seller will be verified companies only and buyers will be individuals.

payment methods are all those used by lbc and paxful

please guide

If you think a new localbitcoins also for ltc and few altcoins (ETH, XMR...) could be a nice idea.
But I don't think they have a large adoption like btc, and even people exchange quickly in bitcoin in any exchange.
So basically is not profitable (even for customer/administrator).

If you want exchange other altcoin I don't think it's convenient.
because is not casually you can exchange just btc ltc and few altcoins for fiat cash.
They have a sort of consensus from the community, an history behind, stable adoption, price with short fluctuation.
A generic alt coin despite has the opposite like a price with high variation etc etc....