Swordsoffreedom
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Leading Crypto Sports Betting & Casino Platform
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August 25, 2014, 07:36:46 AM |
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Build up a user base and then run away with everyone's coins.
Sounds about right, the other way is sponsorships and advertising but that usually comes when a service has a large dedicated userbase or some venture capital funding to back them up in order to attract new users. That said its always best to be cautious.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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arbitrage001
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August 25, 2014, 08:16:13 AM |
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It's impossible for an exchange to profit without implementing service fees to the users who use their service. Maybe there are fees, though not transaction fees that we are used to. Withdrawal fees must be present in there. I doubt that it will be feasible for them to continue such a service, unless there are some things going on in the background that most of know nothing about. :O
BTC-China has 0 fees like for a year or so how they make money then? voting?, alscene is dead voting is pretty much useless now I really don't think they can make money. They also are not a charity and do not accept donations. I think that most reasonable people can draw the conclusion that they are doing something that they should not be doing as it makes no sense for them to charge 0 fees and still be able to stay in business. Whatsapp charge 0 fee to capture market share first. These exchanges are probably doing the same. I don't think whatsapp is actually charging "0" to their users as they are pushing advertisements which they are receiving revenue from. The exchanges are not doing this. To say that something like whatsapp is "free" is really misleading. Whatsapp will start charging fee next year I believe. Now that they have network effect and people are basically stucked with all their contacts using it, they will need to pay fee to continue using it.
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titulng
Sr. Member
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HubrisOne
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August 25, 2014, 09:19:07 AM |
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Maybe thanks to adviertisements.
too naive ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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capoeira
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Activity: 2413
Merit: 1003
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August 25, 2014, 12:01:18 PM |
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It's impossible for an exchange to profit without implementing service fees to the users who use their service. Maybe there are fees, though not transaction fees that we are used to. Withdrawal fees must be present in there. I doubt that it will be feasible for them to continue such a service, unless there are some things going on in the background that most of know nothing about. :O
BTC-China has 0 fees like for a year or so how they make money then? voting?, alscene is dead voting is pretty much useless now I really don't think they can make money. They also are not a charity and do not accept donations. I think that most reasonable people can draw the conclusion that they are doing something that they should not be doing as it makes no sense for them to charge 0 fees and still be able to stay in business. Whatsapp charge 0 fee to capture market share first. These exchanges are probably doing the same. I don't think whatsapp is actually charging "0" to their users as they are pushing advertisements which they are receiving revenue from. The exchanges are not doing this. To say that something like whatsapp is "free" is really misleading. Whatsapp will start charging fee next year I believe. Now that they have network effect and people are basically stucked with all their contacts using it, they will need to pay fee to continue using it. they will lose 90% of the users. there are many free alts, like the 20x better Skype
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routecrypto
Newbie
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August 25, 2014, 04:18:04 PM |
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Probably the zero fee exchanges earn through the banner ads on the website, I can't see other ways.
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Mightycoin
Member
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August 25, 2014, 05:47:42 PM |
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Probably the zero fee exchanges earn through the banner ads on the website, I can't see other ways.
Or may be not they are just investing to gain costumers and later they charge when you start using on usual basis.They might even have some other ideas in mind like scamming just waiting for a big deal
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itsAj
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2014, 01:56:35 AM |
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It's impossible for an exchange to profit without implementing service fees to the users who use their service. Maybe there are fees, though not transaction fees that we are used to. Withdrawal fees must be present in there. I doubt that it will be feasible for them to continue such a service, unless there are some things going on in the background that most of know nothing about. :O
BTC-China has 0 fees like for a year or so how they make money then? voting?, alscene is dead voting is pretty much useless now I really don't think they can make money. They also are not a charity and do not accept donations. I think that most reasonable people can draw the conclusion that they are doing something that they should not be doing as it makes no sense for them to charge 0 fees and still be able to stay in business. Whatsapp charge 0 fee to capture market share first. These exchanges are probably doing the same. I don't think whatsapp is actually charging "0" to their users as they are pushing advertisements which they are receiving revenue from. The exchanges are not doing this. To say that something like whatsapp is "free" is really misleading. Whatsapp will start charging fee next year I believe. Now that they have network effect and people are basically stucked with all their contacts using it, they will need to pay fee to continue using it. I am sure that it would be very easy to get contact information (likely phone numbers) of people that are regularly communicated with via whatsapp. As a result charging no fees will do nothing for them long term except get a bunch of accounts that will never be used once a fee is implemented.
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scryptasicminer
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2014, 06:13:23 PM |
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It's impossible for an exchange to profit without implementing service fees to the users who use their service. Maybe there are fees, though not transaction fees that we are used to. Withdrawal fees must be present in there. I doubt that it will be feasible for them to continue such a service, unless there are some things going on in the background that most of know nothing about. :O
BTC-China has 0 fees like for a year or so how they make money then? voting?, alscene is dead voting is pretty much useless now I really don't think they can make money. They also are not a charity and do not accept donations. I think that most reasonable people can draw the conclusion that they are doing something that they should not be doing as it makes no sense for them to charge 0 fees and still be able to stay in business. Whatsapp charge 0 fee to capture market share first. These exchanges are probably doing the same. I don't think whatsapp is actually charging "0" to their users as they are pushing advertisements which they are receiving revenue from. The exchanges are not doing this. To say that something like whatsapp is "free" is really misleading. Whatsapp will start charging fee next year I believe. Now that they have network effect and people are basically stucked with all their contacts using it, they will need to pay fee to continue using it. they will lose 90% of the users. there are many free alts, like the 20x better Skype Not everyone want to deal with inconvenient of keeping more than one application to keep track of all the clients. The fee of $1 per year will not make business type switch.
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itsAj
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 26, 2014, 11:33:26 PM |
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It's impossible for an exchange to profit without implementing service fees to the users who use their service. Maybe there are fees, though not transaction fees that we are used to. Withdrawal fees must be present in there. I doubt that it will be feasible for them to continue such a service, unless there are some things going on in the background that most of know nothing about. :O
BTC-China has 0 fees like for a year or so how they make money then? voting?, alscene is dead voting is pretty much useless now I really don't think they can make money. They also are not a charity and do not accept donations. I think that most reasonable people can draw the conclusion that they are doing something that they should not be doing as it makes no sense for them to charge 0 fees and still be able to stay in business. Whatsapp charge 0 fee to capture market share first. These exchanges are probably doing the same. I don't think whatsapp is actually charging "0" to their users as they are pushing advertisements which they are receiving revenue from. The exchanges are not doing this. To say that something like whatsapp is "free" is really misleading. Whatsapp will start charging fee next year I believe. Now that they have network effect and people are basically stucked with all their contacts using it, they will need to pay fee to continue using it. they will lose 90% of the users. there are many free alts, like the 20x better Skype Not everyone want to deal with inconvenient of keeping more than one application to keep track of all the clients. The fee of $1 per year will not make business type switch. The business types are not their target market. They are trying to appeal to the masses. I would think that most of their base would never consider paying anything. If they tried to charge anything then their users might do something crazy like...who knows.....talk to others in person.
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desticy
Sr. Member
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www.cd3d.app
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August 27, 2014, 08:46:50 AM |
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killing all opponent with free fee, and then cut wool form users
They don't have to cut wool after their competitors are dead. They can raise the fee slightly but keep it low enough to stop new competitor from entering the same business. A new competitor with deep pockets could still undercut them. yes, market capitalization of bitcoin is still too small
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wasserman99
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August 28, 2014, 04:12:58 AM |
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It's impossible for an exchange to profit without implementing service fees to the users who use their service. Maybe there are fees, though not transaction fees that we are used to. Withdrawal fees must be present in there. I doubt that it will be feasible for them to continue such a service, unless there are some things going on in the background that most of know nothing about. :O
BTC-China has 0 fees like for a year or so how they make money then? voting?, alscene is dead voting is pretty much useless now I really don't think they can make money. They also are not a charity and do not accept donations. I think that most reasonable people can draw the conclusion that they are doing something that they should not be doing as it makes no sense for them to charge 0 fees and still be able to stay in business. Whatsapp charge 0 fee to capture market share first. These exchanges are probably doing the same. I don't think whatsapp is actually charging "0" to their users as they are pushing advertisements which they are receiving revenue from. The exchanges are not doing this. To say that something like whatsapp is "free" is really misleading. Whatsapp will start charging fee next year I believe. Now that they have network effect and people are basically stucked with all their contacts using it, they will need to pay fee to continue using it. they will lose 90% of the users. there are many free alts, like the 20x better Skype I agree. There are simply too many free ways to be able to communicate for anyone to be willing to pay anything of monetary value. People would likely be willing to look at asks in order to pay for chat like services. The issue with exchanges is that ad revenue would likely not pay for the expenses associated with running an exchange so this would really not be an option.
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Hustle2survive
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August 28, 2014, 05:35:27 PM |
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Whatsapp uses the classic ask for a bit in a huge userbase = big money scheme.
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Damnyo
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August 29, 2014, 02:48:11 PM |
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I guess they get legitimate amounts from ads on the sides.
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