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Author Topic: Question: What altcoins should be added to the upcoming B&C Exchange?  (Read 2178 times)
BCExchange (OP)
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April 30, 2015, 04:45:56 AM
Last edit: April 30, 2015, 07:12:34 PM by BCExchange
 #1

Announcement thread: https://bitcointalk.org/index.php?topic=1033773.0

B&C Exchange, short for ​Blocks & Chains Decentralized Exchange, aims to be the Reddit of Bitcoin exchanges – simple, reputation-based, and easily accessible to everyone regardless of geographic location.

It will be the first decentralized exchange that can be profitably owned by its users. Equity ownership in B&C Exchange will be held by users who own “BlockShares (BKS)”. Users will pay transaction fees on the exchange with “BlockCredits (BKC)”. You will not need to own BlockShares to use BlockCredits, and vice versa. Profits from the sale of BlockCredits will be returned to BlockShares holders through a Bitcoin dividend mechanism in the protocol.

As part of our development, we want to find out which altcoins should be supported on the B&C Exchange trading platform at launch. We encourage you and your respective communities to let us know what altcoins you feel are the most innovative, dynamic, and worthwhile. Our goal is to have several well-supported cryptocurrencies available for trading on our release date.
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April 30, 2015, 05:07:52 AM
 #2

The ones in the top 5 of having the most transaction + trading volume + total wallets/accounts.

R


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April 30, 2015, 05:11:12 AM
 #3

You're an exchange. No bullshit reasons like 'the tech, the future, great coin..'. None of that bullcrap.  Volume matters first and foremost for an exchange.

R


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April 30, 2015, 05:12:22 AM
 #4

Shills allowed after this post.

R


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April 30, 2015, 05:39:39 AM
 #5

You're an exchange. No bullshit reasons like 'the tech, the future, great coin..'. None of that bullcrap.  Volume matters first and foremost for an exchange.

I just wanted to point out that since this is a decentralized business, the Blockshare holders will need to be the ones to pass a motion to support new cryptos on the exchange. They're the ones that will need to be convinced. I'm sure volume will be a major factor in voting for a coin to be added, but it's not the only factor as Jordan Lee points out below...

Because B&C Exchange will be dependent on the blockchains of the assets it supports, only reliable blockchains should be supported. I suspect we will see more than 10 supported shortly after release.
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April 30, 2015, 05:58:16 AM
 #6

You're an exchange. No bullshit reasons like 'the tech, the future, great coin..'. None of that bullcrap.  Volume matters first and foremost for an exchange.

I just wanted to point out that since this is a decentralized business, the Blockshare holders will need to be the ones to pass a motion to support new cryptos on the exchange. They're the ones that will need to be convinced. I'm sure volume will be a major factor in voting for a coin to be added, but it's not the only factor as Jordan Lee points out below...

Because B&C Exchange will be dependent on the blockchains of the assets it supports, only reliable blockchains should be supported. I suspect we will see more than 10 supported shortly after release.

That's a good thing.  3 - 5 coins with good volume and with reliable blockchains traded in a decentralized exchange?  Why not...  It doesn't have to be like Bittrex or Cryptsy where they have lots of junk listed with almost zero volume. 

R


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April 30, 2015, 06:22:09 AM
 #7

You're an exchange. No bullshit reasons like 'the tech, the future, great coin..'. None of that bullcrap.  Volume matters first and foremost for an exchange.

I just wanted to point out that since this is a decentralized business, the Blockshare holders will need to be the ones to pass a motion to support new cryptos on the exchange. They're the ones that will need to be convinced. I'm sure volume will be a major factor in voting for a coin to be added, but it's not the only factor as Jordan Lee points out below...

Because B&C Exchange will be dependent on the blockchains of the assets it supports, only reliable blockchains should be supported. I suspect we will see more than 10 supported shortly after release.

That's a good thing.  3 - 5 coins with good volume and with reliable blockchains traded in a decentralized exchange?  Why not...  It doesn't have to be like Bittrex or Cryptsy where they have lots of junk listed with almost zero volume.  

Exactly, I agree with you.

Also though, it is expected that we will support listing other DAOs/DACs based on the Peershares platform. B&C itself will be built from Peershares, just as NuBits/NuShares was.
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April 30, 2015, 10:46:55 AM
 #8

I would probably take a look at https://www.coingecko.com/en

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April 30, 2015, 12:07:35 PM
 #9

Nem please!

http://blog.nem.io/press-release/
http://blog.nem.io/overview/

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April 30, 2015, 12:24:18 PM
 #10

NEM/XEM is probably a solid choice Smiley

                
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April 30, 2015, 12:34:49 PM
 #11

I want to see XEM(NEM) there Cool

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April 30, 2015, 12:39:51 PM
 #12

XEM FTW!!!

Go Bitcoin !!!!!!!!!!!
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April 30, 2015, 01:31:22 PM
 #13

My vote goes for XEM!

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April 30, 2015, 01:38:39 PM
 #14

I Vote for XEM!

Do you want to be the FIRST to Know about New Cryptocurrency Projects and New Inventions that could potentially change the world for the better?

Join ADSactly Discord the Decentralized Community of Cryptocurrency Enthusiasts and New Comers.

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April 30, 2015, 03:28:28 PM
 #15

You're an exchange. No bullshit reasons like 'the tech, the future, great coin..'. None of that bullcrap.  Volume matters first and foremost for an exchange.

We generally agree that volume is important, but our shareholders will likely always consider the broader implications of adding a coin. For example, at one point PayCoin was a heavily-traded coin that generated large volume, but exchanges that offered it suffered from negative publicity for enabling GAW's fraud. We agree that large-volume coins are desirable of course, but the potential volume will likely always be weighed against external factors attached to a particular cryptocurrency.
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April 30, 2015, 03:42:47 PM
 #16

I vote NEM/XEM as well

Do you guys still remember Sharexcoin? The started out as a coin, went on to become an exchange and shut down afterwards  Angry
https://bitcointalk.org/index.php?topic=598531.msg6583892#msg6583892
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April 30, 2015, 03:43:44 PM
 #17

You're an exchange. No bullshit reasons like 'the tech, the future, great coin..'. None of that bullcrap.  Volume matters first and foremost for an exchange.

We generally agree that volume is important, but our shareholders will likely always consider the broader implications of adding a coin. For example, at one point PayCoin was a heavily-traded coin that generated large volume, but exchanges that offered it suffered from negative publicity for enabling GAW's fraud. We agree that large-volume coins are desirable of course, but the potential volume will likely always be weighed against external factors attached to a particular cryptocurrency.

Yeah, that's a given.  What are the coins in your list so far if you don't mind me asking...

R


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April 30, 2015, 07:11:01 PM
 #18

Yeah, that's a given.  What are the coins in your list so far if you don't mind me asking...

We currently plan on supporting Bitcoin, BlockShares, BlockCredits, NuBits, and NuShares. As lead architect Jordan Lee has previously mentioned however, this list will grow in the future to include many popular cryptocurrency projects.
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April 30, 2015, 07:22:36 PM
 #19

Monero
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April 30, 2015, 08:28:29 PM
 #20

Mintcoin  "MINT"

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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