[ANN][DGC][SRC][BTC][LTC][ARG] New Exclusive Exchange with Fiat Capabilities

[baritus]

I have been working on a DGC/BTC/LTC/SRC/ARG exchange with fiat capabilities alongside the community. We have completed the trading engine and feel this is the right time to announce it.

You can expect to trade the following currencies:
1. DGC
2. ARG
3. SRC
4. BTC
5. LTC
6. Multiple fiat options likely.

Funding options are already worked out and will be easy to use internationally.

This exchange was needed for some of the other ideas and services we have in the works. Mainly, the DGC, SRC, and ARG investor option issuing services.

The ETA at time of post is 2.5-3 months. If you are interested in the API or other developer details, contact me to get on the developer mailing list.

Thank you!

[everybodyclapyohands]

To say I'm looking forward to this would be putting it mildly. I can't wait to see the exchange and start buying my DGC directly for USD. Hopefully we can make it really easy to move in and out of my upcoming secure DGC/ARG wallet service.

[Online24o0n]

Why am I only getting 4 active connections to the DGC network?

 also, the exchange is a good idea, with fiat. But would like to see ARG dropped from it as it just brings down DGC I believe.

[baritus]

It will only increase DGC since all services are built together.

[Pmalek]

What kind of payouts will exchange support? I am interested in international bank transfer, codes, maybe paypal or something similar too...

[everybodyclapyohands]

Why am I only getting 4 active connections to the DGC network?

 also, the exchange is a good idea, with fiat. But would like to see ARG dropped from it as it just brings down DGC I believe.

Forward port 7999 on our router to whichever PC you run your wallet on.  I was using non standard port and wasn't getting much, put it back to 7999 and jumped from 4 connections to over 40.  Make sure you use the addnodes from the main thread too.

[Online24o0n]

It will only increase DGC since all services are built together.

I dont see how, because your splitting the value between two, instead of putting all value into one, hence increasing total value.... Why is my blockchain loading so slow, what is the newest version of the qt ? I have 6.3.0

[baritus]

Look at main thread for troubleshooting.

Value hasn't split since I started supporting both, in fact value of both increased. It's very common to see coin partnerships as it allows more opportunities.

An exchange with 1 coin is not as interesting as 2 and doesn't allow for as many services down the road.

[Online24o0n]

Look at main thread for troubleshooting.

Value hasn't split since I started supporting both, in fact value of both increased. It's very common to see coin partnerships as it allows more opportunities.

An exchange with 1 coin is not as interesting as 2 and doesn't allow for as many services down the road.

Well, I doubt any serious investor would gauge value from cryptsy. We'll see how it goes if DGC does happen to make it on a reputable exchange, and we'll see how it does on the exchange your proposing.  I hope it looks as good or better than pxc's new phenixex.com looks.

 2 -3 months? That definitely gives someone else enough time to implement the idea themselves and get the user base which in turn may render your exchange obsolete to the public.

[baritus]

Anything is possible, isn't it? But I doubt even a copycat would have any effect.

[Eli0t]

Look at main thread for troubleshooting.

Value hasn't split since I started supporting both, in fact value of both increased. It's very common to see coin partnerships as it allows more opportunities.

An exchange with 1 coin is not as interesting as 2 and doesn't allow for as many services down the road.

Well, I doubt any serious investor would gauge value from cryptsy. We'll see how it goes if DGC does happen to make it on a reputable exchange, and we'll see how it does on the exchange your proposing.  I hope it looks as good or better than pxc's new phenixex.com looks.

 2 -3 months? That definitely gives someone else enough time to implement the idea themselves and get the user base which in turn may render your exchange obsolete to the public.

vicurex?

[baritus]

DGC does have many serious investors, and so does ARG apparently, nice 16 BTC buy wall on cryptsy.

[Online24o0n]

DGC does have many serious investors, and so does ARG apparently, nice 16 BTC buy wall on cryptsy.

Can you elaborate more on these "serious investors" not names, obviously, but more or less who they are ie: companies? Businesses? and how much, this information should be provided to the public for anyone who holds DGC.

 Im not bashing I am a holder of DGC.

[baritus]

I'm a community member like the rest. These is nothing I "should" do and investors have the right to only disclose what they want known.

[Online24o0n]

I'm a community member like the rest. These is nothing I "should" do and investors have the right to only disclose what they want known.

Personal investors can remain anonymous yes, but you said many serious investors, any businesses, etc. thats how business works, shareholders know where money is coming from and how much, you saying that DGC has many serious investors but not be able to back it up only hurts you and your coin, why are you throwing out flak you cant back up?

[baritus]

What shareholders? This is a currency not a company.

The only rights anyone has and the currency itself provides are the rights to mine it and use it.

All other rights are personal rights, including the rights to privacy and anonymity.

[Online24o0n]

What shareholders? This is a currency not a company.

The only rights anyone has and the currency itself provides are the rights to mine it and use it.

All other rights are personal rights, including the rights to privacy and anonymity.

You are marketing a coin for profit, personal gain, and community gain by offering different services and making promises, you have been trying hard to get people to build software, invest in your coin and follow your coin since you released it. If you say you have serious investors, and if its anything other than personal, people who hold DGC would like to know.
 I know the devs from PXC release all information like this because they understand how business works.

 You are now giving me second thoughts about holding my DGC, it seems as they you do not know how business works, or how important it is for you, the dev to be there and keep being innovative for the public.
 But your throwing out statements in which you cant back up now, why say that in the first place? You have to be prepared for questions like this.

 I dont know, Im gonna need more to see this moving forward. If I dump the amount I have, DGC is dropping down to the basement.

[Online24o0n]

What shareholders? This is a currency not a company.

The only rights anyone has and the currency itself provides are the rights to mine it and use it.

All other rights are personal rights, including the rights to privacy and anonymity.

PS, all coinholders are shareholders...... shouldnt you know this ...

[baritus]

I'm not making a coin for gain. That's where your mistake is.

[Online24o0n]

You didnt read my entire post... I didnt say just that.

 And you are still ignoring the question, good questions... Or cannot answer them..

 Well, I think I know where DGC is headed if you are the developer.. lol wow

[baritus]

Don't ask me questions about other people and expect a response.

Stop your ignorance and realize a developer is just a volunteer to a project. I have no obligations to you.

[Online24o0n]

If you feel you have no obligation to the people supporting you, and to the people invested in your product, you are in the wrong game and in over your head.

(I know what a developer is, I am one)  (DGC will ultimately fail with you at the helm)

[r32godzilla]

You didnt read my entire post... I didnt say just that.

 And you are still ignoring the question, good questions... Or cannot answer them..

 Well, I think I know where DGC is headed if you are the developer.. lol wow

Baritus doesn't need to prove anything. Everything he has said he is going to do for DGC and ARG he has done or is in the process of doing. He is one of the best if not best dev for any alt coin so far.

Nice job Baritus on the announcement. Good luck anyone trying to copy this or the bank services as they are not exactly a 5 minute job lol.

If you don't like where DGC is heading then sell your dgc and go find some other alt coin to whine about.

Looking forward to seeing this exchange up and running. Once again DGC and ARG are leading the developments for alternative cryptocurrencies.

"Fk maintain boy I gotta keep ballin!"  

[Online24o0n]

You didnt read my entire post... I didnt say just that.

 And you are still ignoring the question, good questions... Or cannot answer them..

 Well, I think I know where DGC is headed if you are the developer.. lol wow

Baritus doesn't need to prove anything. Everything he has said he is going to do for DGC and ARG he has done. He is one of the best if not best dev for any alt coin so far.

Nice job Baritus on the announcement. Good luck trying to copy this service its not exactly a 5 minute job lol.

If you don't like where DGC is heading then sell your dgc and go find some other alt coin to whine about.

Looking forward to seeing this exchange up and running. Once again DGC and ARG are leading the developments for alternative cryptocurrencies.

"Fk maintain boy I gotta keep ballin!"  

Thanks for the useless advice, but that as a lot of wasted breath.   Atleast I will not be going down with the ship.

[mercSuey]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

[Online24o0n]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

Good question...

[baritus]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

There will be no transactions processed within the USA. We'll also be using third party processors for all transactions.

[baritus]

If you feel you have no obligation to the people supporting you, and to the people invested in your product, you are in the wrong game and in over your head.

(I know what a developer is, I am one)  (DGC will ultimately fail with you at the helm)

1. I am not at the helm. I am a volunteer. Anyone can do what I am doing as well and are welcome to.

2. It's not my product. They own it just as much as me and keep it. It is a PEER to PEER currency. I am not the Fed.

3. Learn what open source, decentralized, and community powered mean.

[cryto4rig]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

I would like to know this as well. People want to know there money is safe plain and simple. You response does not answer the question though?

[baritus]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

I would like to know this as well. People want to know there money is safe plain and simple. You response does not answer the question though?

1. No US processed transactions.
2. Only third party non-US processors used.
3. No operations based in the US.
4. No direct banking operations.

That should be a very clear answer. There is no need for those regulations when precautions were taken to avoid them.

[Online24o0n]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

I would like to know this as well. People want to know there money is safe plain and simple. You response does not answer the question though?

1. No US processed transactions.
2. Only third party non-US processors used.
3. No operations based in the US.
4. No direct banking operations.

That should be a very clear answer. There is no need for those regulations when precautions were taken to avoid them.

lol yea right, people have no idea whats holding their money, mines well send my funds to that Nigerian prince to hold them for me...  Good luck trying to compete with PXC's new exchange, or any other exchange for that matter.

[baritus]

People don't know who is holding their money at btc-e, vircurex, or most places for that matter.

I also have plenty of users and I'm confident of success.

Thanks for your comments though. 

[mikey2011]

What shareholders? This is a currency not a company.

The only rights anyone has and the currency itself provides are the rights to mine it and use it.

All other rights are personal rights, including the rights to privacy and anonymity.

You are marketing a coin for profit, personal gain, and community gain by offering different services and making promises, you have been trying hard to get people to build software, invest in your coin and follow your coin since you released it. If you say you have serious investors, and if its anything other than personal, people who hold DGC would like to know.
 I know the devs from PXC release all information like this because they understand how business works.

 You are now giving me second thoughts about holding my DGC, it seems as they you do not know how business works, or how important it is for you, the dev to be there and keep being innovative for the public.
 But your throwing out statements in which you cant back up now, why say that in the first place? You have to be prepared for questions like this.

 I dont know, Im gonna need more to see this moving forward. If I dump the amount I have, DGC is dropping down to the basement.

Currently a 73BTC buy in on Cryptsy...so go ahead and dump your DGC..I know i will be there to buy it up as well

[r32godzilla]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

I would like to know this as well. People want to know there money is safe plain and simple. You response does not answer the question though?

1. No US processed transactions.
2. Only third party non-US processors used.
3. No operations based in the US.
4. No direct banking operations.

That should be a very clear answer. There is no need for those regulations when precautions were taken to avoid them.

lol yea right, people have no idea whats holding their money, mines well send my funds to that Nigerian prince to hold them for me...  Good luck trying to compete with PXC's new exchange, or any other exchange for that matter.

Well that just explains everything. Your a pxc bagholder obviously worried about dgc and arg's bright future. Yeah Phenixex.com is such a great site that its not even up at the moment. Doesn't sound like its going too well according to this thread https://bitcointalk.org/index.php?topic=238160.40

Do us all a favor. Put your money where your mouth is and get rid of all your dgc, then go troll somewhere else.

[baritus]

More details:

1. The exchange website will be PHP based, but actual trading will take place on a Java platform.

2. The exchange will launch with a Java applet that runs through browsers. There will also be a desktop trading platform for all OS(Java is universal). An android platform is also a simple modification of the source code.

[r32godzilla]

More details:

1. The exchange website will be PHP based, but actual trading will take place on a Java platform.

2. The exchange will launch with a Java applet that runs through browsers. There will also be a desktop trading platform for all OS(Java is universal). An android platform is also a simple modification of the source code.

Thanks for the update mate. Myself and alot of others I'm sure are really excited to see this new service up and running. Keep up the good work! 

[baritus]

More details:

1. The exchange website will be PHP based, but actual trading will take place on a Java platform.

2. The exchange will launch with a Java applet that runs through browsers. There will also be a desktop trading platform for all OS(Java is universal). An android platform is also a simple modification of the source code.

Thanks for the update mate. Myself and alot of others I'm sure are really excited to see this new service up and running. Keep up the good work! 

You're welcome.

[baritus]

Update: As promised, the first screenshots of the exchange will be available within 3-4 days.

Since the project has evolved significantly from the original concept, I will also be updating this thread with the relevant details at that time.

Thank you!

[Pmalek]

Thanks for the news, I am gonna buy me some more DGC now! Looking forward to screenshots!

[r3wt]

will secure coin have the same random "checkpoint system" as dgc?

[baritus]

will secure coin have the same random "checkpoint system" as dgc?

No.

[broken_pixel]

Woohooo! 

[smolen]

Baritus, I'm curious as to the Fincen regulations and things related.  In what country is DGC/ARG operations based?  Did you take care of legal precautions for handling fiat exchange?  

-Merc

I would like to know this as well. People want to know there money is safe plain and simple. You response does not answer the question though?

1. No US processed transactions.
2. Only third party non-US processors used.
3. No operations based in the US.
4. No direct banking operations.

That should be a very clear answer. There is no need for those regulations when precautions were taken to avoid them.

Very smart. You went into lucrative fiat-to-crypto bridge business, you took proper precautions, you didn't disclose jurisdiction from where you plan to operate (let me guess, that's Belize or Seychelles, regulations of BVI or Hong Kong are too tight) and, last but not least, you going to issue your own currency. In five years you'll become either Altmogul or prisoner.
I wish you all the success with this enterprise but will keep the money passed through it out of tax papers

[techbytes]

Update: As promised, the first screenshots of the exchange will be available within 3-4 days.

Since the project has evolved significantly from the original concept, I will also be updating this thread with the relevant details at that time.

Thank you!

This is more exciting then the ANN of a new altcoin besides SRC of course.    

Can't wait...


-tb-

[r32godzilla]

Update: As promised, the first screenshots of the exchange will be available within 3-4 days.

Since the project has evolved significantly from the original concept, I will also be updating this thread with the relevant details at that time.

Thank you!

This is more exciting then the ANN of a new altcoin besides SRC of course.    

Can't wait...


-tb-

^^ What he said. +1

[SimonTower]

I can't wait. Need some good news, screenshots, anything.