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1  Economy / Currency exchange / Thoughts on my basic Bitcoin Exchange Model on: March 03, 2018, 07:57:43 AM
Long time lurker first-time poster here, you guys have established a wonderful thriving community here and I wish you all the best.

I wanted to get your opinion/advice on a basic bitcoin exchange model I want to deploy. A quick background before I start, I am not from the US but from a relatively cash rich region who is hungry to get into cyrptos but don't have the right channels because of regulations, kyc, aml and you name it.

I have been thinking of starting an exchange by using woocommerce bitcoin plugins and stripe integration. Whereas instead of products I will offer to either buy or sell crypto (I have worked the backend actual fiat movement of the funds so that isn't an issue at this stage)

What I am more concerned about is whether this set-up could work, i.e will I be able to sell bitcoin for example in exhange for stripe payments (receive cash to my fiat bank account) and buy bitcoins by woocommerce plugin?
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World on: July 14, 2017, 09:08:46 PM
If I see one more post in broken English by someone freaking out because they lost their password to their wallet that probably has 0.0027 DBIX in it though...
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World on: July 14, 2017, 06:26:05 PM
Been following your posts on DBIX as I am quite a heavy investor in the coin, entered at around $9 then sold at $46 for quite a gain.. Re-entered at around $27.7 right before the bloodbath..

I wanted to get your thoughts on the coin, I noticed there is absolutely no talk about its uses or functionality.. Almost every single post about dbix is by some miner who lost their wallet, the recent news of the investor (peanuts really) had 0 effect on the price.. And there seems to be a downward pressure by holders to sell without any buyers (30k sold against only 7k bough today)

Shall I bite the bullet take my losses and find a better investment?

Would greatly appreciate your thoughts on this, thanks!
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