xiaomei (OP)
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April 11, 2012, 08:12:55 PM |
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What do you think current exchanges lack in terms of customer service, features, etc?
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Stephen Gornick
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April 11, 2012, 10:50:23 PM |
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If it is just BTC/USD then probably not much need and will be hard to get to where there is liquidity.
If it happens to have BTC/USD but also offers:
BTC/MXN BTC/KRW BTC/TRY etc. with bank transfers as funding and withdrawal then yes, those are unserved markets in need.
or it will convert cash in and cash out methods that nobody else has e.g., BTC <--> M-Pesa or BTC <--> Barclay's PingIT or prepaid card cards --> BTC (e.g., partnership with Plastic Jungle) or MoneyPak --> BTC
etc.
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zer0
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April 11, 2012, 11:35:27 PM |
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More fixed rate exchangers in Korea/China/Europe would be great success
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xiaomei (OP)
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April 12, 2012, 01:30:26 AM |
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The BTC/USD liquidity is high. But offline payments have not gained much traction. Is there need for a mobile payment escrow service?
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the joint
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April 12, 2012, 01:31:46 AM |
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We need exchanges with INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE.
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Stephen Gornick
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April 12, 2012, 03:32:26 AM |
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We need exchanges with INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE.
Insuring what?
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the joint
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April 12, 2012, 03:34:09 AM |
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We need exchanges with INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE.
Insuring what? Deposits/account balances.
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xiaomei (OP)
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April 12, 2012, 04:26:56 AM |
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Traditional exchanges (CME, NYSE, etc) hold up customers' funds to provide insurance against any one market participant lose enough funds so they are unable to cover margin loses. Is this what you mean?
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