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Quote from: ripplexiaoshan on September 10, 2014, 07:54:03 pm1\A lot of users from western countries are also trading on Chinese exchange too.2\Chinese have less ways to invest other than to deposit in bank, cryptocurrency is one choice.3\IT industrial in China is not as good as in the States but very close, so building a large exchange is possible.Correct me if I am wrong but isn't btsx only traded on Chinese exchanges? What exchanges other exchanges can btsx be traded on.
1\A lot of users from western countries are also trading on Chinese exchange too.2\Chinese have less ways to invest other than to deposit in bank, cryptocurrency is one choice.3\IT industrial in China is not as good as in the States but very close, so building a large exchange is possible.
some exchanges listed at the very bottom of:http://bitshares-x.info/about.php
Quote from: OldMan on September 10, 2014, 08:00:40 pmI agree that the basic commodities should be very high on the priority list.BM enlightened us in another thread. see for your self:Code: [Select]>>> blockchain_get_asset WTI{ "id": 5, "symbol": "WTI", "name": "Light Sweet Crude Oil", "description": "1 barrel light sweet crude oil", "public_data": "", "issuer_account_id": -2, "precision": 10000, "registration_date": "20140719T000000", "last_update": "20140719T000000", "current_share_supply": 0, "maximum_share_supply": 1000000000000000, "collected_fees": 0}
I agree that the basic commodities should be very high on the priority list.
>>> blockchain_get_asset WTI{ "id": 5, "symbol": "WTI", "name": "Light Sweet Crude Oil", "description": "1 barrel light sweet crude oil", "public_data": "", "issuer_account_id": -2, "precision": 10000, "registration_date": "20140719T000000", "last_update": "20140719T000000", "current_share_supply": 0, "maximum_share_supply": 1000000000000000, "collected_fees": 0}
Quote from: bluebit on September 10, 2014, 06:13:57 pmI would love to see BitOil traded for BTSXI'm more excited for BitOIL than GLD or SLV. Correct me if I'm mistaken but there is currently no way for the average person to trade the oil market is there?
I would love to see BitOil traded for BTSX
Quote from: youdianweidao on September 10, 2014, 08:20:07 amshabi
shabi
BTC 38 is a great exchange. Large community brings the high volume. Now with the english site many westerners are diving into the BTSX/CNY liquidity. Like a big magnet.Chinese are very smart investors and have identified BTSX potential. After these marketing campaigns kick in I think we will see higher volume trading from western world.
Quote from: eagleeye on September 10, 2014, 09:36:43 amQuote from: tonyk on September 10, 2014, 07:52:28 amIt can not be replicated!The White man is stupid (for the most part).MHOThe Asians believe in things still. The white man is obsessed with sex or America. You turn them away from that for a second, and they will believe again...but for now China believes in things.China has already banned crypto currency regarding bank accounts...but too lazy to enforce.....so ...still up and running.
Quote from: tonyk on September 10, 2014, 07:52:28 amIt can not be replicated!The White man is stupid (for the most part).MHOThe Asians believe in things still. The white man is obsessed with sex or America. You turn them away from that for a second, and they will believe again...but for now China believes in things.
It can not be replicated!The White man is stupid (for the most part).MHO
Quote from: nethyb on September 10, 2014, 07:43:57 amThe fact that 75% of daily volume in off-chain BTSX trading is in the BTSX/CNY pair intrigues me.Sources:http://coinmarketcap.com/currencies/bitshares-x/#markets http://www.sosobtc.com/kline/btsx/btc38.htmlCan anyone explain it ... is it purely down to the genius of the Asian' marketing team and others like Bo Shen.And if so, how can it be replicated around the rest of the globe?Nope.reason 1:Only China has large automatic exchanges.reason 2:BTC38 is the only large exchange that enlist BTSX in China.reason 3:Crypto Currency is a small market with around 2 million people in it , only handful of them knows BTSX. And because China has the largest population,it's clearly more people in China knows BTSX than the rest of the world just looking at the ratio.So,it's not marketing ,just a sad fact.
The fact that 75% of daily volume in off-chain BTSX trading is in the BTSX/CNY pair intrigues me.Sources:http://coinmarketcap.com/currencies/bitshares-x/#markets http://www.sosobtc.com/kline/btsx/btc38.htmlCan anyone explain it ... is it purely down to the genius of the Asian' marketing team and others like Bo Shen.And if so, how can it be replicated around the rest of the globe?