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Quote from: Ander on June 16, 2015, 06:41:36 pmQuestion: Since CCEDK is using the Bitshares blockchain for these trades, does htis mean that when these trades occur, this will generate a fee for bitshares, correct?Assuming that CCEDK becomes a premium member and refers its clients, it would get 80% of their fees, and Bitshares would get the other 20%? Still, this 20% of the trading fee will add up a lot over time if many people use the CCEDK platform to trade!Now imagine if with this competitive advantage of not being able to be goxxed, CCEDK overtakes other centralized exchanges like Bitfinex, stamp, huobi, etc. Bitshares could be earning 20% of the fees on all this trade of bitcoin/altcoins? Would this not counteract dilution, fund development, and result in a profitable DAC? Am I seeing this potential correctly?Shhhh... if this gets out...
Question: Since CCEDK is using the Bitshares blockchain for these trades, does htis mean that when these trades occur, this will generate a fee for bitshares, correct?Assuming that CCEDK becomes a premium member and refers its clients, it would get 80% of their fees, and Bitshares would get the other 20%? Still, this 20% of the trading fee will add up a lot over time if many people use the CCEDK platform to trade!Now imagine if with this competitive advantage of not being able to be goxxed, CCEDK overtakes other centralized exchanges like Bitfinex, stamp, huobi, etc. Bitshares could be earning 20% of the fees on all this trade of bitcoin/altcoins? Would this not counteract dilution, fund development, and result in a profitable DAC? Am I seeing this potential correctly?
Quote from: Shentist on June 16, 2015, 07:24:08 pmQuote from: Riverhead on June 16, 2015, 07:14:02 pmIn traditional, centralized, exchanges users and bots only pay a fee for fills. Who pays that on CCEDK?i see this as a potential "problem", Any answer for this? This can be a major blunder if no bots could run due to high fees. Although fees are only 20%.
Quote from: Riverhead on June 16, 2015, 07:14:02 pmIn traditional, centralized, exchanges users and bots only pay a fee for fills. Who pays that on CCEDK?i see this as a potential "problem",
In traditional, centralized, exchanges users and bots only pay a fee for fills. Who pays that on CCEDK?
Quote from: Ander on June 16, 2015, 06:53:00 pmThis is how Bitshares will win. Appealing to businesses.Rather than trying to get average people to understand cryptography, Finance, Bitassets, etc, Bitshares will simply offer businesses a way to save money and make more money, and these businesses will then bring in the end users, who will not have to understand the technical details of how Bitshares works.Yeeeesssss!
This is how Bitshares will win. Appealing to businesses.Rather than trying to get average people to understand cryptography, Finance, Bitassets, etc, Bitshares will simply offer businesses a way to save money and make more money, and these businesses will then bring in the end users, who will not have to understand the technical details of how Bitshares works.
http://cointelegraph.com/news/114579/danish-ccedk-exchange-announces-real-time-transparent-order-books-proof-of-solvency
"By placing their ledgers on the open BitShares network, CCEDK has positioned itself for rapid growth. Exchanges with closed order books are going the way of the dinosaur."
The CT article is awesome too! Btc.com and Bitcoinist articles should come out tomorrow as well
Quote from: arhag on June 16, 2015, 06:47:56 pmThe woods are lovely and not brightBut we have code we need to writeMore announcements in a fortnight -- With apologies to ... well you get the ideaDang... we've got talent!
The woods are lovely and not brightBut we have code we need to writeMore announcements in a fortnight -- With apologies to ... well you get the idea