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Author Topic: Sell Your BTC for $500-- NAME YOUR PRICE Exchange, Thrilling, FUN price genie  (Read 472 times)
btcimpact
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June 07, 2015, 08:48:29 PM
Last edit: June 07, 2015, 09:09:24 PM by btcimpact
 #1

  
Should I build this ?
An exchange where you get to play and pick what price you will sell your bitcoins? the buyer is betting that that the price you pick is lower.

The Objective of such an exchange would be to create tremendous bitcoin buying pressure, because people are looking to buy cheap-meaning
guaranteed immediate profit.

Which option would you prefer
1. Pay a fee to play and name your price. Whatever you pick, you either accept or decline?
2.Buyer Pays a Fee, but you can never decline what price you pick?

Lets use our ironclad Risk tolerance to engineer buyers demand.

Thanks for your Feedback.

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98problems
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June 07, 2015, 08:58:58 PM
 #2

i think it would be an interesting idea as for a game, though i didnt understand the first option with accept/decline part

btcimpact
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June 07, 2015, 09:08:55 PM
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i think it would be an interesting idea as for a game, though i didnt understand the first option with accept/decline part

Hi. The price that you pick is what the buyer will pay. In the first option, your pick is not  binding. the sale happens when you want to
lexuz
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June 07, 2015, 09:19:34 PM
 #4

Great concept game, it will be interesting for people try your game. When you want release your game
btcimpact
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June 07, 2015, 09:23:23 PM
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Great concept game, it will be interesting for people try your game. When you want release your game

 Not when everything is perfect Smiley, Monday the 9th
iram91445
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June 07, 2015, 09:25:47 PM
 #6

wait so would there be any risks for participating in it as a seller if you make a game of first option?

btcimpact
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June 07, 2015, 09:33:59 PM
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wait so would there be any risks for participating in it as a seller if you make a game of first option?

HI. Each time you play there's a Fee, therefore if you pick a price and you feel that you want to sell at higher price, then you must  pay fee to play again. I guess the risk is how much Fees you are willing to pay in order to get the highest sell price. Imagine in a bucket there was a $1000 sell price, how many times are you willing to dip your hands inside? you could be lucky and need only few tries to get the $1000 sell price.

Was my answer clear enough?
iram91445
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June 07, 2015, 09:47:35 PM
 #8

wait so would there be any risks for participating in it as a seller if you make a game of first option?

HI. Each time you play there's a Fee, therefore if you pick a price and you feel that you want to sell at higher price, then you must  pay fee to play again. I guess the risk is how much Fees you are willing to pay in order to get the highest sell price. Imagine in a bucket there was a $1000 sell price, how many times are you willing to dip your hands inside? you could be lucky and need only few tries to get the $1000 sell price.

Was my answer clear enough?
yeah i think i understand it now, thank you for clearing all the things for me, cant wait for this game

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