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General Discussion / Re: Why BTS trading on external exchanges (not just in the DEX) is impotant too
« on: March 13, 2016, 02:31:47 pm »
I'm quite sure that there is no need for outside trading of BTS.
The price discovery process will work just fine even if it's exclusively on our blockchain. There will be lots of market pairs: BTS <-> smartcoins, BTS <-> cryptocurrency-UIAs and BTS <-> fiat-UIAs. When all these have good liquidity, we can be pretty sure that price of BTS is accurate for price feeds.
The price discovery process will work just fine even if it's exclusively on our blockchain. There will be lots of market pairs: BTS <-> smartcoins, BTS <-> cryptocurrency-UIAs and BTS <-> fiat-UIAs. When all these have good liquidity, we can be pretty sure that price of BTS is accurate for price feeds.