Roger Ver: Starting His Own Crypto Exchange?

[JollyGood]

It states: "Will Ver’s Exchange Help to Reduce Dependence on Bitcoin (BTC)? For now, Ver has only mentioned the idea of launching his own cryptocurrency exchange briefly."

Report: https://www.newsbtc.com/2018/10/09/roger-ver-hints-at-launching-a-bitcoin-cash-centric-exchange/

It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others. If the report is true Ver will use Bitcoin Cash as the base currency but why bother, Bitcoin was always going to win the battle against Bitcoin Cash.




UPDATE: 31st August 2019

Here is what the bitcoin.com website shows: "The Bitcoin exchange you can trust" but not many from the community trust Ver.

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[shield132]

It states: "Will Ver’s Exchange Help to Reduce Dependence on Bitcoin (BTC)? For now, Ver has only mentioned the idea of launching his own cryptocurrency exchange briefly."

Report: https://www.newsbtc.com/2018/10/09/roger-ver-hints-at-launching-a-bitcoin-cash-centric-exchange/

It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others. If the report is true Ver will use Bitcoin Cash as the base currency but why bother, Bitcoin was always going to win the battle against Bitcoin Cash.

Yeah, bitcoin always wins the battle against Bitcoin Cash, that's why Roger Ver offers so "great" rates on buying of bitcoin on his website (btw damn, he has so great domain). Domain is Bitcoin.com but target is Bitcoin Cash, this man wants to change bitcoin with bitcoin cash, in reality when you visit bitcoin.com you dream there is information about bitcoin but falsely this person writes shit about bitcoin and promotes bitcoin cash, he is against community.
It's never too late but Roger has no chance, he won't support bitcoin, so he can proudly look how his another shit project sucks.

[erox]

I think that there are few people who will trade on his exchange. Ver has a bad reputation.

[pitiflin]

It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others. If the report is true Ver will use Bitcoin Cash as the base currency but why bother, Bitcoin was always going to win the battle against Bitcoin Cash.

He is not late at all. Roger Ver can potentially change the entire crypto exchange market if he does things right. Just because he would use Bcash it won't make the exchange will fail. Think like this: People use Doge for exchanges because its fast, and low fees. So if Roger does something that would convince people to use Bcash than anything, then there's nothing wrong with that. Right now what the market needs is a decentralized instantaneous exchange ,and if Roger Ver or anyone else for that matter develops such an exchange and does a great follow up on it, then we enter a new era of crypto.

[Slow death]

this would not be a good move on his part, for someone who one day was a guy who promoted bitcoin and today want create an exchange that used bitcoin cash as the base currency it clearly sounds like he's hate bitcoin. with this move he wants bitcoin cash to gain attention and other exchange begin to implement bitcoin cash as the base currency. It is sad that he is still spiteful and very sad that there is bitcoin cash and so many other bitcoin hard fork  that has strange objects and that only serve to enrich their creators

[ngm22585]

His reputation is in shambles, I don't think this will be even close to successful.

[LTU_btc]

I don't think that it's too late to join crypto exchange market for Rodger Ver. But I hope that his project will fail, or at least wont become popular. I just hate ways how is trying to promote Bitcoin Cash and call it as real Bitcoin. Well, I have nothing against BCH itself, but I'm not going to support Ver business. Now original Bitcoin is described as Bitcoin Core on Bitcoin.com, and at the same time buying of Bitcoin Cash is "Recommended" on this website. It just confuse new users and Ver can benefit fom it on bigger scale by starting new exchange where BCH will be main currency.

[pawel7777]

...
It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others.
...

It will be hard for him to get traction if his exchange doesn't differ from others and doesn't offer anything special. But he could still beat Binance to open P2P exchange (where funds are controlled by traders), similar to EtherDelta but supporting more than just Ethereum tokens.

Whatever he's planning to do - good luck to him and let the free market decide on his success or failure.

...and very sad that there is bitcoin cash and so many other bitcoin hard fork  that has strange objects and that only serve to enrich their creators

Who is creator of Bitcoin Cash and how exactly have they benefited any more than any other bitcoin holders?

[JollyGood]

Yeah, bitcoin always wins the battle against Bitcoin Cash, that's why Roger Ver offers so "great" rates on buying of bitcoin on his website (btw damn, he has so great domain). Domain is Bitcoin.com but target is Bitcoin Cash, this man wants to change bitcoin with bitcoin cash, in reality when you visit bitcoin.com you dream there is information about bitcoin but falsely this person writes shit about bitcoin and promotes bitcoin cash, he is against community.
It's never too late but Roger has no chance, he won't support bitcoin, so he can proudly look how his another shit project sucks.

Yes if this news is true he will use his bitcoin.com domain name to push Bitcoin Cash and his exchange but I think it will be difficult for him to succeed because there are too many exchanges already out there.

[leowonderful]

He's got money for advertising, but that's really about it in my mind for Roger's exchange if it ever comes out. I can only see this being a regular old exchange with KYC that everyone hates and all the basic features of an exchange, perhaps with a few BCH oriented functions on the site. Perhaps this might gain a legitimate userbase initially, but I can't see this being too successful in the long run.

[JollyGood]

I think that there are few people who will trade on his exchange. Ver has a bad reputation.

His reputation might be the reason his exchange might never get started in the first place.

His war with Bitcoin will be his own downfall unless he apologises to the community for trying to destroy Bitcoin. His Bitcoin Cash failed to dislodge Bitcoin so maybe now he will try something new...

[SportbetMaster]

if Ver can give something better than what currently exists, why not, there is already exchange for btc and dex for eth, we will be pleased to have an exchange for the bch.

[gentlemand]

His reputation is in shambles, I don't think this will be even close to successful.

The type of person who winds up on Bitcoin.com knows nothing about him or his reputation.

I think he'd be bonkers to try it in this day and age. Five or more years ago maybe but now the demands will be too much to be successful from scratch. He'd be far better off partnering with an existing exchange. He taps into expertise, they tap into the saps that come to his site. I'm not so sure they'd be willing to bend to his odd will though.

[LeGaulois]

Everyone but please, not this guy! , By the way, he is already an investor in Kraken and some others companies.  A crypto exchange for him <ill mean a marketing tool to brag about bitcoin cash, trying to fool people to say it's the real bitcoin. He will probably use Bcash with all pairs but not the same with BTC xD

[gentlemand]

Everyone but please, not this guy! , By the way, he is already an investor in Kraken and some others companies.  A crypto exchange for him <ill mean a marketing tool to brag about bitcoin cash, trying to fool people to say it's the real bitcoin. He will probably use Bcash with all pairs but not the same with BTC xD

The exchanges he has invested in are not stupid and they're not charity cases.

If he starts attempting to get them to throw their business away to service his grudge they'll tell him to fuck off. Somewhere of Kraken's size will have some very significant investment from elsewhere and it won't be happy if he starts to meddle with it.

If he wants to continue on his doomed quest with an exchange that defies the laws of economics he'll have to create it himself.

[JollyGood]

It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others. If the report is true Ver will use Bitcoin Cash as the base currency but why bother, Bitcoin was always going to win the battle against Bitcoin Cash.

He is not late at all. Roger Ver can potentially change the entire crypto exchange market if he does things right. Just because he would use Bcash it won't make the exchange will fail. Think like this: People use Doge for exchanges because its fast, and low fees. So if Roger does something that would convince people to use Bcash than anything, then there's nothing wrong with that. Right now what the market needs is a decentralized instantaneous exchange ,and if Roger Ver or anyone else for that matter develops such an exchange and does a great follow up on it, then we enter a new era of crypto.

You raise some interesting points but if memory serves me correct Ver was an investor in ShapeShift, now look at the state of it.

With his reputation and track record I doubt he would contribute anything positive as all he does seems to have undercurrents of his desire to either control Bitcoin, to take over it or destroy it.

[audaciousbeing]

It states: "Will Ver’s Exchange Help to Reduce Dependence on Bitcoin (BTC)? For now, Ver has only mentioned the idea of launching his own cryptocurrency exchange briefly."

Report: https://www.newsbtc.com/2018/10/09/roger-ver-hints-at-launching-a-bitcoin-cash-centric-exchange/

It is probably too late for Ver to join the crypto exchange market after the rise of Binance and several others. If the report is true Ver will use Bitcoin Cash as the base currency but why bother, Bitcoin was always going to win the battle against Bitcoin Cash.

If its to join in on the exchange market, I don't think its too late for anyone to be on board. Even people who don't have the kind of assets Roger Ver has, are launching series of exchange sites everyday and they would surely carve a niche for themselves. For Roger, it might be tough but the little goodwill he has been able to garner would surely worth something when he launches.

Helping to reducing dependence on bitcoin is a far fetching dream that I don't see happening any time soon. When people launch any platform, you do so because you want to meet a need in the market not solely because you want to end the reign of another product when one does that, he would only be carried away with policies that would want to meet up with the other rather than growing at its own pace. In the end, its going to end up being a futile journey. I don't any special effect his exchange is going to have that would be more than the major exchange sites we have combined for it to reduce the dependency on bitcoin.

[figmentofmyass]

He will probably use Bcash with all pairs but not the same with BTC xD

if he tried to replace BTC pairs with BCH, the exchange would fail miserably. traders would avoid it like the plague. altcoin traders are trying to profit in bitcoins, not bcash.

You raise some interesting points but if memory serves me correct Ver was an investor in ShapeShift, now look at the state of it.

With his reputation and track record I doubt he would contribute anything positive as all he does seems to have undercurrents of his desire to either control Bitcoin, to take over it or destroy it.

i don't think the situation with shapeshift (or its direction) has anything to do with roger. i bet shapeshift was getting a lot of heat from regulators (probably in the USA) for not implementing KYC.

side note on that---now coinbase is even requiring KYC just to send/receive crypto. something larger is amiss here.

[LeGaulois]

Everyone but please, not this guy! , By the way, he is already an investor in Kraken and some others companies.  A crypto exchange for him <ill mean a marketing tool to brag about bitcoin cash, trying to fool people to say it's the real bitcoin. He will probably use Bcash with all pairs but not the same with BTC xD

The exchanges he has invested in are not stupid and they're not charity cases.

If he starts attempting to get them to throw their business away to service his grudge they'll tell him to fuck off. Somewhere of Kraken's size will have some very significant investment from elsewhere and it won't be happy if he starts to meddle with it.

If he wants to continue on his doomed quest with an exchange that defies the laws of economics he'll have to create it himself.

Man, this guy is ready to do anything. He could run in the street naked if it could help. Remember a few months back when he posted manipulated photos on Twitter from a conference in Hong Kong.
Creating an exchange is perfect for him, in fact I would like to see him creating one to then watch for him on social media

[JollyGood]

this would not be a good move on his part, for someone who one day was a guy who promoted bitcoin and today want create an exchange that used bitcoin cash as the base currency it clearly sounds like he's hate bitcoin. with this move he wants bitcoin cash to gain attention and other exchange begin to implement bitcoin cash as the base currency. It is sad that he is still spiteful and very sad that there is bitcoin cash and so many other bitcoin hard fork  that has strange objects and that only serve to enrich their creators

We all know what Ver thinks of Bitcoin and most of us made it clear what we think of him and Bitcoin Cash.

He would be under no obligation to use Bitcoin as the base currency or Bitcoin in any capacity, it would be his exchange if he chose to launch one. The question about it being commercially viable is more apt because of the saturated crypto currency market..