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Coinbuddy (OP)
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September 22, 2015, 04:44:31 PM |
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Another idea!
What about a website where you can dump any altcoin.Just send that altcoin to that a specific address and you will receive bitcoin instantly on your BTC address!
Thats it
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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GriffinHeart
Full Member
 Offline
Activity: 182
Merit: 100
Hello there!
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September 22, 2015, 05:30:07 PM |
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It's an amazing idea, you have to understand that it will be hard to setup and modify to send exactly the right amount of bitcoin/satoshi (in some cases) for EVERY altcoin on the market. I'll exercise it, so if it becomes a reality though!
Amazing idea, develop it into possibly something great!
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Hi there, I'm from South Africa.
This means I'm poor, I guess.
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melisande
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September 22, 2015, 07:02:39 PM |
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Another idea!
What about a website where you can dump any altcoin.Just send that altcoin to that a specific address and you will receive bitcoin instantly on your BTC address!
Thats it
This is the most difficult among your projects as I can guess because some altcoins are already dead and some scam coins are also in circulations but if I may ask where will the bitcoin payment comes from? |
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Fargo
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September 23, 2015, 01:54:57 AM |
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shapeshift.io
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▬▬▬▬▬▬▬▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬▬▬▬▬▬▬▬
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bitwarrior
Legendary
Offline
Activity: 1764
Merit: 1000
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September 23, 2015, 02:01:26 AM |
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shapeshift.io
Yes this kind of attempt is very similar to shapeshift.io, the only difference is that it should have a much wider list of altcoins. |
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3888
Newbie
Offline
Activity: 20
Merit: 0
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September 23, 2015, 04:00:00 AM |
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Sound like a good idea but there is one problem though, you are going to end up holding bags full of altcoins nobody wants.
You will most probably also run into problems when trying to get rid of some of the altcoins as not all of them are as tradable as bitcoin. So they might end up being worthless, or close to it, by the time you do manage to get rid of them.
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avatar_kiyoshi
Legendary
Offline
Activity: 1106
Merit: 1000
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September 23, 2015, 04:13:13 AM |
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AFAIK there are some of group which doing a dump and pump any altcoin.
Actually what your purpose to doing dump any altcoin?
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Franciem
Sr. Member
Offline
Activity: 322
Merit: 250
Real power doesnt hit hard,but right to the target
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September 23, 2015, 04:16:39 AM |
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Another idea!
What about a website where you can dump any altcoin.Just send that altcoin to that a specific address and you will receive bitcoin instantly on your BTC address!
Thats it
this service is like https://shapeshift.io/#you can read at https://shapeshift.zendesk.com/hc/en-us he dump your coin at market |
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Coinbuddy (OP)
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September 23, 2015, 04:19:16 AM |
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Coins will be dumped to any exchange using APIs
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alwinlinzee
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September 23, 2015, 06:34:05 AM |
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I have casted my vote however if a website is already doing this you can start your own as well to make it two websites  |
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Coinbuddy (OP)
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September 23, 2015, 06:37:04 AM |
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I have casted my vote however if a website is already doing this you can start your own as well to make it two websites ShapeShift is limited! CoinDumper will be unlimited amount of altcoins! |
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Franciem
Sr. Member
Offline
Activity: 322
Merit: 250
Real power doesnt hit hard,but right to the target
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September 23, 2015, 06:41:47 AM |
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I have casted my vote however if a website is already doing this you can start your own as well to make it two websites ShapeShift is limited! CoinDumper will be unlimited amount of altcoins! So how did you determine the price if there is no limit to sell example i want to sell 1000 dash in the market there are some buy wall 100dash at price 0.01 900 dash at price 0.001  |
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alwinlinzee
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September 23, 2015, 06:53:36 AM |
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I have casted my vote however if a website is already doing this you can start your own as well to make it two websites ShapeShift is limited! CoinDumper will be unlimited amount of altcoins! I would have casted another YES vote for you on this but it is not possible. People will always developed on first invention and make it better if not we would still be driving a car that was first invented and flying the aeroplane made by the wright brothers. Go ahead Coinbuddy |
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disamsal
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September 25, 2015, 11:02:29 AM |
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your idea is great, but i think it wouldn't work - price of alts that are not listed..etc
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Coinbuddy (OP)
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September 25, 2015, 11:21:51 AM |
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your idea is great, but i think it wouldn't work - price of alts that are not listed..etc
Do you have any idea to make it work! |
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Coinbuddy (OP)
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September 25, 2015, 05:20:17 PM |
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Need someone to be partner!
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avatar_kiyoshi
Legendary
Offline
Activity: 1106
Merit: 1000
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September 25, 2015, 05:42:11 PM |
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Need someone to be partner!
If you need a graphic designer, you can PM me  |
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bytezero
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September 25, 2015, 08:06:56 PM |
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The problem is that you won't find volume in the exchangers to sell all the coins and you will end up losing money.
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Coinbuddy (OP)
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September 26, 2015, 06:10:06 AM |
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The problem is that you won't find volume in the exchangers to sell all the coins and you will end up losing money.
You guys are voting YES or for the project but this type of project seems to be impossible |
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melisande
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September 26, 2015, 08:58:53 AM |
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As I told you this is the most difficult among all your ideas but if you can based the idea on coins that are old and have little exposure whereas the dev is having one problem or the other, you can set up team of people to buy up the coin from the market and help the dev to get back on course.
After the storm is over the price of such coin will or might pick up and grow rapidly then the people that invested will make some gain and your website will be bigger.
Count me in when you find this idea valuable especially if you have any problem along the way because I already have solutions to any problem that might occur from this.
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