I am Tony
I studying Computer Science Masters in the UK.
I am hoping to set-up an exchange website like Bit-instant. But, of course I do not have the collateral to do so.
The kind of features I am thinking of would be limited initially, and would be USD transfers between Mt.Gox, Bitstamp and BTCe.
The reason I want to do this is that the Reserves in the BTCe account for the 2 existing exchanges are depleted extremely rapidly. I am hoping that I can do a better job at this than the existing exchanges.
My Idea is to gain crowd funding, where lots of people give a small amount and it adds up into a medium to large amount I could use for the reserves.
So I have been looking round at the share & investing websites and have decided to sign up here too to get a feel for the community and see what peoples opinions are.
Please note, I am not currently looking for investment, as this idea is still in development.
However, if you are interested - please approach me. I am happy to pay dividends (that is infact the idea - and why I might - when the site is up - give out shares on one of the share websites so I can pay my investors something back!)
I have also had the idea that any investors I get, could sign up on the site to invest - before it goes online. Then in their account - they will get a waiver of fees for the amount of their investment.
For example - someone invests $4, and I charge a 4% fee - if they want to transfer $50 from BTCe to Mt.Gox they would receive the full $50 instead of $48. and would still have $2 "free fees" remaining (basically they could do this twice! :])
This is all very early on in my mind, I am about to buy a domain to get a good name reserved in the next week or so.
I cannot post yet because I am new - and please nobody trust me.
This is one of the main reasons I am not looking for investors yet. I want to prove to everybody and have at least a working system to display to investors first. But feel free to approach me via PM to ask about anything or give me your ideas. I hope to start a thread once I am out of noob mode