BitShares Forum
Other => Graveyard => OpenLedger => Topic started by: openledger on July 15, 2015, 08:38:56 pm
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Article Published on Forbes at 10.14 am New York
(EDT). , would appreciate some love sent to CCEDK
Hello all,
I have just managed to adjust and send back corrections to a stunning article to be published in Forbes magazine tomorrow Thursday at 2 PM UK time, how deep it will be only time will show, but for sure the online edition.
I noticed in other thread question about why nobody did any trading on CCEDK, as CMC was basically empty, well I would like to say that I am trying all my best to get Bitshares mentioned everywhere, and hope for your support the other way round in return.
Dont forget that all you do for instance in terms of supporting CCEDK by sending liquidity to the exchange and do some heavy buying and selling, it will in the end help you guys create some more goodwill to Bitshares as a whole.
I am doing a lot of marketing on NanoCard, and as you may have noticed I am speaking highly about Bitshares, SmartCoins and Cryptonomex in all of them.
Imagine the readers when signing up on CCEDK, sees practically no trading on any bitshares related pairs!!
Well, they will say something is not right, maybe Bitshares is not the one I should focus on afterall, otherwise they would support someone mentioning them over and over again. That's just my thoughts on that anyways, an that would be a real shame!
Again, it's all in your hands. Action speaks louder than words, and I do believe I do both, so it can't be that bad, I do feel however, too many bitshares members are holding back unsure whether they should consider CCEDK a valid asset to invest in or not, and therefore not acting untill now at all.
That's all ok, but know please that we all are part of shaping the future and we all have to chip in. I am trying to do my part, and we are not even started on the big journey yet. :) ;)
As I said in the beginning, I am not the one to judge anyone, but I would appreciate some love towards CCEDK showing you believe in what I am trying to do on behalf of the entire Bitshares community as well as CCEDK of course.
And I do it personally because I love it, not because I have to, not because anyone expects me to do it, but simply because I love it!
All the best from windy northern part of Denmark
Ronny
And I want you guys to love it too! :)
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@ronnie, just placed my first BTS buy order on the exchange. good luck with the article and, as always, thanks for supporting BTS!
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Yeah, should be neccesary... more love on euro ccedk its weak, i send fiat and left some offer posted and buy some bitusd and post to resell... really sad see ccedk like that, but its just the beggining. same send 0.1 btc for nanocard but keep it trading just for few days XD
REALLY A LITTLE OF LOVE FOR EACH COMUNITY MEMBER WILL BE ENOUGHT TO POWER CCEDK COMMON !!
a eur/usd pair should be helpfull too or bitusd/biteur
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Yeah, should be neccesary... more love on euro ccedk its weak, i send fiat and left some offer posted and buy some bitusd and post to resell... really sad see ccedk like that, but its just the beggining. same send 0.1 btc for nanocard but keep it trading just for few days XD
REALLY A LITTLE OF LOVE FOR EACH COMUNITY MEMBER WILL BE ENOUGHT TO POWER CCEDK COMMON !!
a eur/usd pair should be helpfull too or bitusd/biteur
TY @infovortice2013
Those last pairs for sure, but we need first the ones already there built and full, otherwise the new ones will just disappear
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Lets help ccedk grow.
I'll go open an account and buy some BTS there next time I purchase.
Since CCEDK is going to be using the bitshares blockchain for its orderbooks in 2.0, it would help us greatly if they became a major exchange.
We need to make CCEDK the place to go for bitshares and bitasset liquidity, instead of having only btc38, in CNY, and no USD or EUR based exchanges.
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@ccedk, have you guys thought of adding a feature like https://blocktrades.us where customers can trade without accounts or parking funds?
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Congrats on the Forbes writeup!!
Please post a link here as soon as they post it online and I will blast it out over twitter and g+ as usual.
My last tweet about the Nanocard got retweeted 11 times to over 21,000 followers! 8)
I'm doing everything I can to bring you volume as well Ronny, I know you're a workaholic like me, so showin you some love is not hard at all.
I put EVERY CENT of fiat through CCEDK. I used the CCEDK "Instant Orders" button for the first time today too, to trade into some bitcoin then BitShares MUCH faster than waiting on a market order, so even though the volume isn't as big as other exchanges YET, it's WELL WORTH IT to support CCEDK even at this stage.
I know the people in this BitShares community know how valuable CCEDK is and are also helping to promote it. The volume is picking up, just keep on trading!
I ♥LOVE♥ CCEDK and I trade out of ALL of my fiat on CCEDK. Did I mention I ♥LOVE♥ CCEDK?
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+5% +5%
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@ccedk, have you guys thought of adding a feature like https://blocktrades.us where customers can trade without accounts or parking funds?
will check it out, thanks
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+5% +5%
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Congrats on the Forbes writeup!!
Please post a link here as soon as they post it online and I will blast it out over twitter and g+ as usual.
My last tweet about the Nanocard got retweeted 11 times to over 21,000 followers! 8)
I'm doing everything I can to bring you volume as well Ronny, I know you're a workaholic like me, so showin you some love is not hard at all.
I put EVERY CENT of fiat through CCEDK. I used the CCEDK "Instant Orders" button for the first time today too, to trade into some bitcoin then BitShares MUCH faster than waiting on a market order, so even though the volume isn't as big as other exchanges YET, it's WELL WORTH IT to support CCEDK even at this stage.
I know the people in this BitShares community know how valuable CCEDK is and are also helping to promote it. The volume is picking up, just keep on trading!
I ♥LOVE♥ CCEDK and I trade out of ALL of my fiat on CCEDK. Did I mention I ♥LOVE♥ CCEDK?
@kenCode, you're 100% into crypto these days? you're my hero!
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I'll just stick my NXT-covered nose in here: Support Ronny, guys.
CCEDK is a pretty good exchange, and the BTS (boo!)<> Fiat exchange possibilities that CCEDK offers are bloody useful.
Stan and BTS have made a lot of PR out of CCEDK over the last weeks, so throwing a little trading love in Ronnys direction would be only fair.
Just for laughs: how about a little NXT vs BTS trading war on CCEDK ?
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I'll just stick my NXT-covered nose in here: Support Ronny, guys.
CCEDK is a pretty good exchange, and the BTS (boo!)<> Fiat exchange possibilities that CCEDK offers are bloody useful.
Stan and BTS have made a lot of PR out of CCEDK over the last weeks, so throwing a little trading love in Ronnys direction would be only fair.
Just for laughs: how about a little NXT vs BTS trading war on CCEDK ?
LOL can't we all just get along? i'm a fan of both BTS and NXT, so all abstain from the war and keep playing both sides...
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Congrats on the Forbes writeup!!
Please post a link here as soon as they post it online and I will blast it out over twitter and g+ as usual.
My last tweet about the Nanocard got retweeted 11 times to over 21,000 followers! 8)
I'm doing everything I can to bring you volume as well Ronny, I know you're a workaholic like me, so showin you some love is not hard at all.
I put EVERY CENT of fiat through CCEDK. I used the CCEDK "Instant Orders" button for the first time today too, to trade into some bitcoin then BitShares MUCH faster than waiting on a market order, so even though the volume isn't as big as other exchanges YET, it's WELL WORTH IT to support CCEDK even at this stage.
I know the people in this BitShares community know how valuable CCEDK is and are also helping to promote it. The volume is picking up, just keep on trading!
I ♥LOVE♥ CCEDK and I trade out of ALL of my fiat on CCEDK. Did I mention I ♥LOVE♥ CCEDK?
@kenCode, you're 100% into crypto these days? you're my hero!
hell yeah, fiat makes me nauseous.
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Congrats on the Forbes writeup!!
Please post a link here as soon as they post it online and I will blast it out over twitter and g+ as usual.
My last tweet about the Nanocard got retweeted 11 times to over 21,000 followers! 8)
I'm doing everything I can to bring you volume as well Ronny, I know you're a workaholic like me, so showin you some love is not hard at all.
I put EVERY CENT of fiat through CCEDK. I used the CCEDK "Instant Orders" button for the first time today too, to trade into some bitcoin then BitShares MUCH faster than waiting on a market order, so even though the volume isn't as big as other exchanges YET, it's WELL WORTH IT to support CCEDK even at this stage.
I know the people in this BitShares community know how valuable CCEDK is and are also helping to promote it. The volume is picking up, just keep on trading!
I ♥LOVE♥ CCEDK and I trade out of ALL of my fiat on CCEDK. Did I mention I ♥LOVE♥ CCEDK?
@kenCode, you're 100% into crypto these days? you're my hero!
hell yeah, fiat makes me nauseous.
awesome! how are you paying rent, taxes, utilities, and groceries? i still haven't figured those out...
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I love to see this kind of momentum building.
This is what we've been waiting for all year.
Now opportunity is knocking for all of us!
Stan
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Congrats on the Forbes writeup!!
Please post a link here as soon as they post it online and I will blast it out over twitter and g+ as usual.
My last tweet about the Nanocard got retweeted 11 times to over 21,000 followers! 8)
I'm doing everything I can to bring you volume as well Ronny, I know you're a workaholic like me, so showin you some love is not hard at all.
I put EVERY CENT of fiat through CCEDK. I used the CCEDK "Instant Orders" button for the first time today too, to trade into some bitcoin then BitShares MUCH faster than waiting on a market order, so even though the volume isn't as big as other exchanges YET, it's WELL WORTH IT to support CCEDK even at this stage.
I know the people in this BitShares community know how valuable CCEDK is and are also helping to promote it. The volume is picking up, just keep on trading!
I ♥LOVE♥ CCEDK and I trade out of ALL of my fiat on CCEDK. Did I mention I ♥LOVE♥ CCEDK?
@kenCode, you're 100% into crypto these days? you're my hero!
hell yeah, fiat makes me nauseous.
awesome! how are you paying rent, taxes, utilities, and groceries? i still haven't figured those out...
+5% curious to hear
@ronny: great work again +5%
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@ccedk let me know if i can assist you on creating more professional graphics for further press related articles ... i would love to assist on these kinda tasks ... just ping me ..
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btw ... doing "arbitrage" in the bitEUR:EUR and the bitUSD:USD market is as easy as it can get .. kids in elementary school can do it .. why aren't you?
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btw ... doing "arbitrage" in the bitEUR:EUR and the bitUSD:USD market is as easy as it can get .. kids in elementary school can do it .. why aren't you?
This is something I would like to try as well. If it's easy to make money arbitraging those pairs, I could use that money to speed up the development of BitShares POS.
@xeroc could you writeup a step-by-step thread so that we could all take advantage of that? ie:
- Open account at BitShares
- Open account at CCEDK
- Open account at BTER (or whomever)
- Monitor this pair at these exchanges
- Set alert for blah blah trade trigger
- Transfer this to there
- etc
Maybe even script it like this (http://www.cryptocoincharts.info/arbitrage) but in a way (above) that a total arbitrage newb like me could do it...
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btw ... doing "arbitrage" in the bitEUR:EUR and the bitUSD:USD market is as easy as it can get .. kids in elementary school can do it .. why aren't you?
@xeroc could you writeup a step-by-step thread so that we could all take advantage of that? ie:
- Open account at BitShares
- Open account at CCEDK
- Open account at BTER (or whomever)
- Monitor this pair at these exchanges
- Set alert for blah blah trade trigger
- Transfer this to there
- etc
Why not writing up yourself ?
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@xeroc could you writeup a step-by-step thread so that we could all take advantage of that? ie:
you just put your orders this way:
sell bitEUR for EUR at a price of > 1.0
buy bitEUR for EUR at a price of < 1.0
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No, I mean a highly detailed, click this, click that, watch this table for this, buy this when the price of that reaches this, sell that when this happens at that exchange...
I'd really like to learn arbitrage if we can make money doing it :)
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No, I mean a highly detailed, click this, click that, watch this table for this, buy this when the price of that reaches this, sell that when this happens at that exchange...
I'd really like to learn arbitrage if we can make money doing it :)
What I proposed above is not really arbitrage .. that's why the apostrophes .. it's simply selling something worth a EURO for more than a EURO and vise versa ..
no worth more descriptions .. people should know that already .. and when liquidity grows .. this will be more and more difficult ..
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aah man, I was hopin. oh well. :'(
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so, back on topic, we've only got a few more hours to go till that Forbes article comes out, I can't wait! :D
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Forbes article out 2 PM UK time16/7, would appreciate some love sent to CCEDK
Well, they will say something is not right, maybe Bitshares is not the one I should focus on afterall, otherwise they would support someone mentioning them over and over again. That's just my thoughts on that anyways, an that would be a real shame!
Ronny,
I am going to try to help you out here. You seem like a sincere guy and I think good things lie ahead for CCEDK. I would imagine some think like me so here you go....
I don't use centralized exchanges unless I absolutely have to. I am looking forward to using your service in 2.0 though! I think it's going to be great. I would like to point out a couple of things.
Your post kind of seems threatening in a veiled way (probably unintentional). That's not a good way to be a part of a community.
So far what you have done is said that centralized exchanges aren't safe and BTS 2.0 is the way to solve that. I agree. However, now it seems you are saying "go ahead and use my centralized exchange since I have spoken a lot of words about my intentions and about how great Bitshares is so I should be rewarded with increased liquidity". So far these are just words. I think it's possible that you do deserve a reward but for me personally that will come once BTS 2.0 is ready and you have followed through on your promise to be the first to move your platform to it and proved your competence.
I will tell you that if I need to move funds before all of this happens I will use your exchange but right now I view all centralized exchanges as a necessary evil. I do look forward to a great partnership between BTS and CCEDK.
Please don't be discouraged by my post. I am trying to help you craft your message. Maybe no one else shares my feelings here but I doubt it.
Sincerely,
D3adh3ad
Edit: added the words "it seems" to show that this is just my opinion
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I'm sure it wasn't intentional but I also had the same feeling (just slightly but it was there)
My comment is only there to help, it's in any way a critic ;)
Great job so far Ronny !
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@xeroc could you writeup a step-by-step thread so that we could all take advantage of that? ie:
you just put your orders this way:
sell bitEUR for EUR at a price of > 1.0
buy bitEUR for EUR at a price of < 1.0
when this is a surefire path to arbitrage, then we'll know we've succeeded with Bitshares.
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No, I mean a highly detailed, click this, click that, watch this table for this, buy this when the price of that reaches this, sell that when this happens at that exchange...
I'd really like to learn arbitrage if we can make money doing it :)
this kind of stuff really ought to be automated. i haven't yet tinkered with any of the trade bots out there, but will check some out by the end of summer. thus far, i've only been investing in other peoples' bots, which have been very successful btw. my best bet so far has been with NXT:LIQUID. it has been the gift that keeps on giving...
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Ronny,
I am going to try to help you out here. You seem like a sincere guy and I think good things lie ahead for CCEDK. I would imagine some think like me so here you go....
I don't use centralized exchanges unless I absolutely have to. I am looking forward to using your service in 2.0 though! I think it's going to be great. I would like to point out a couple of things.
Your post kind of seems threatening in a veiled way (probably unintentional). That's not a good way to be a part of a community.
So far what you have done is said that centralized exchanges aren't safe and BTS 2.0 is the way to solve that. I agree. However, now it seems you are saying "go ahead and use my centralized exchange since I have spoken a lot of words about my intentions and about how great Bitshares is so I should be rewarded with increased liquidity". So far these are just words. I think it's possible that you do deserve a reward but for me personally that will come once BTS 2.0 is ready and you have followed through on your promise to be the first to move your platform to it and proved your competence.
I will tell you that if I need to move funds before all of this happens I will use your exchange but right now I view all centralized exchanges as a necessary evil. I do look forward to a great partnership between BTS and CCEDK.
Please don't be discouraged by my post. I am trying to help you craft your message. Maybe no one else shares my feelings here but I doubt it.
Sincerely,
D3adh3ad
Edit: added the words "it seems" to show that this is just my opinion
i agree with your sentiment. i love what @ccedk is doing with the Nanocard and marketing crypto, in general, and plugging BTS in particular. that still doesn't make me love the idea of parking funds in a centralized exchange, which is why i mentioned yesterday that they consider adding a no account trade option, like shapeshift.io or https://blocktrades.us. parking significant funds with any third party adds a new element of risk (keepings funds on our computers is also risky, just diff kind of risk), and i know many in this community have a preference for decentralization.
that said, i intend to use my ccedk account as a liquid spending/debit account using my Nanocard. as the service matures i'll consider adding additional functionality. i may try out some EUR-bitEUR or USD-bitUSD pair trades at some point, but we'll see how things progress.
also, i'm very interested to see how the ccedk-to-BTS2.0 integration goes. if that works well i would definitely be compelled to use their platform more.
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Look, I have no intention whatsoever to seem threatening in any way.
I was about to write a long story about why I write like I did or do, but I guess everybody each know with themselves why they are involved in Bitshares, and some wait for things to be done, others contribute in whichever way possible. Bottom line is that nothing comes on its own, and many different factors and not only the ones involving providing liquidity on CCEDK are important in order to reach finish line as soon as possible.
I believe in trying to my best to reach my goal by being proactive, and this way afterwards being able to say I did as much as I could, now only time will show if that was enough or not.
I am reaching out to the ones who believe active helping to reach the goals is a necessary part of everything.
Its really this simple.
The NanoCard will not happen untill a necessary liquidity is provided on exchange. If that means it will only be provided once we are in fact an acting wallet, well thats ok also, it is just important everybody realizes that, so I dont get blamed later on why it is not yet possible to get fiat via bistassets.
I respect anyones need for privacy, so I hope we are also clear on that part. :) I am only trying to be an active part of something much bigger than anyone of us.
So lets just wait with great anticipation on the Forbes article and enjoy that Bitshares is having a good mentioning in there togther with SmartCoins and Cryptonomex. It is free publicity and will hopefully bring some more members to the community in the same time.
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So lets just wait with great anticipation on the Forbes article and enjoy that Bitshares is having a good mentioning in there togther with SmartCoins and Cryptonomex. It is free publicity and will hopefully bring some more members to the community in the same time.
Well said.
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Published on Forbes at 10.14am New York
(EDT).
http://www.forbes.com/sites/rogeraitken/2015/07/16/is-the-nanocard-bitcoins-killer-app-can-it-transform-the-global-remittance-market/
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Published on Forbes at 10.14am New York
(EDT).
http://www.forbes.com/sites/rogeraitken/2015/07/16/is-the-nanocard-bitcoins-killer-app-can-it-transform-the-global-remittance-market/
bam
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Published on Forbes at 10.14am New York
(EDT).
http://www.forbes.com/sites/rogeraitken/2015/07/16/is-the-nanocard-bitcoins-killer-app-can-it-transform-the-global-remittance-market/
awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?
“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”
i thought the exchange still hosts customer accounts and holds funds?
love the BTS, CNX, and SmartCoins refs :)
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awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?
“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”
i thought the exchange still hosts customer accounts and holds funds?
ha .. seems you haven't read through all the technology in bitshares2.0:
https://bitshares.org/technology/recurring-and-scheduled-payments/
This allows you to give permission to someone else (on-chain) to withdraw up to a predefined amount of funds (in a certain asset) in a given period of time.
You can pretty much compare this feature with a debit card that has a daily/monthly limit!!
In the end, the exchange does not need to hold ANY of your funds .. it's basically just "translating" credit cards commands into bitshares network commands ..
This IS a killer feature!
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Agreed. That is the killer feature.
Now if I can just convince my 90 year old landlord to accept bitEUR... ;)
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awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?
“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”
i thought the exchange still hosts customer accounts and holds funds?
ha .. seems you haven't read through all the technology in bitshares2.0:
https://bitshares.org/technology/recurring-and-scheduled-payments/
This allows you to give permission to someone else (on-chain) to withdraw up to a predefined amount of funds (in a certain asset) in a given period of time.
You can pretty much compare this feature with a debit card that has a daily/monthly limit!!
In the end, the exchange does not need to hold ANY of your funds .. it's basically just "translating" credit cards commands into bitshares network commands ..
This IS a killer feature!
very cool, but i'm not sure that's the basis for ccedk, is it? they still operate an exchange and host funded client accounts on their servers. that's what i meant by the security issue. are they planning to migrate away from that structure somehow by plugging into 2.0? i thought 2.0 integration just enabled access to our DAX.
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awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?
“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”
i thought the exchange still hosts customer accounts and holds funds?
ha .. seems you haven't read through all the technology in bitshares2.0:
https://bitshares.org/technology/recurring-and-scheduled-payments/
This allows you to give permission to someone else (on-chain) to withdraw up to a predefined amount of funds (in a certain asset) in a given period of time.
You can pretty much compare this feature with a debit card that has a daily/monthly limit!!
In the end, the exchange does not need to hold ANY of your funds .. it's basically just "translating" credit cards commands into bitshares network commands ..
This IS a killer feature!
very cool, but i'm not sure that's the basis for ccedk, is it? they still operate an exchange and host funded client accounts on their servers. that's what i meant by the security issue. are they planning to migrate away from that structure somehow by plugging into 2.0? i thought 2.0 integration just enabled access to our DAX.
Their trading engine will be the Bitshares blockchain on the backend. So they won't hold any of their client's keys, eliminating the risk of being hacked and losing client's funds.
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awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?
“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”
i thought the exchange still hosts customer accounts and holds funds?
ha .. seems you haven't read through all the technology in bitshares2.0:
https://bitshares.org/technology/recurring-and-scheduled-payments/
This allows you to give permission to someone else (on-chain) to withdraw up to a predefined amount of funds (in a certain asset) in a given period of time.
You can pretty much compare this feature with a debit card that has a daily/monthly limit!!
In the end, the exchange does not need to hold ANY of your funds .. it's basically just "translating" credit cards commands into bitshares network commands ..
This IS a killer feature!
very cool, but i'm not sure that's the basis for ccedk, is it? they still operate an exchange and host funded client accounts on their servers. that's what i meant by the security issue. are they planning to migrate away from that structure somehow by plugging into 2.0? i thought 2.0 integration just enabled access to our DAX.
Their trading engine will be the Bitshares blockchain on the backend. So they won't hold any of their client's keys, eliminating the risk of being hacked and losing client's funds.
sorry i'm having a tough time conceptualizing this...
ccedk is currently a centralized exchange with customer accounts and funds. this includes fiat and a wide variety of crypto. the bitshares blockchain has nothing to do with any of this other infrastructure, but you're saying that for Bitshares network stuff, like BTS, bitUSD, bitEUR, etc. ccedk will migrate all client funds to our blockchain and keep no keys on their system? even if so, the non-Bitshares stuff on ccedk is still vulnerable to hacking or otherwise losing keys or funds.
what happens when clients sell BTS for BTC on ccedk? the funds migrate over to their ccedk hosted account from our blockchain?
does ccedk integration into 2.0 mean they'll have direct access to our wallets? say i place a trade for BTS to bitUSD via ccedk (not sure why i would do that vs. directly on the DAX?), does that mean ccedk will access the BTS in my wallet, execute the trade on my behalf, and then deposit the bitUSD back into my wallet?
2.0 integration sounds awesome, just not sure i fully understand the details, or if the details are being misconstrued too optimistically in the community?
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Have you checked this thread?
https://bitsharestalk.org/index.php/topic,16982.0.html
Hopefully it answers at least some of your questions. I would like to be of more help, but I try to avoid answering questions I'm not 100% sure to know the answer. It appears their whole order book will be on the Bitshares blockchain and transactions will happen on the blockchain also. As for the other coins, I cannot answer with certainty how it will be managed. Maybe a more involved or knowledgeable forum member could help filling the blanks?
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awesome! i'd like to learn more about ccedk is being implemented. for instance, how is this possible?
“You won’t have to worry about our exchange being hacked or whether it is honest or solvent.”
i thought the exchange still hosts customer accounts and holds funds?
ha .. seems you haven't read through all the technology in bitshares2.0:
https://bitshares.org/technology/recurring-and-scheduled-payments/
This allows you to give permission to someone else (on-chain) to withdraw up to a predefined amount of funds (in a certain asset) in a given period of time.
You can pretty much compare this feature with a debit card that has a daily/monthly limit!!
In the end, the exchange does not need to hold ANY of your funds .. it's basically just "translating" credit cards commands into bitshares network commands ..
This IS a killer feature!
very cool, but i'm not sure that's the basis for ccedk, is it? they still operate an exchange and host funded client accounts on their servers. that's what i meant by the security issue. are they planning to migrate away from that structure somehow by plugging into 2.0? i thought 2.0 integration just enabled access to our DAX.
Their trading engine will be the Bitshares blockchain on the backend. So they won't hold any of their client's keys, eliminating the risk of being hacked and losing client's funds.
sorry i'm having a tough time conceptualizing this...
ccedk is currently a centralized exchange with customer accounts and funds. this includes fiat and a wide variety of crypto. the bitshares blockchain has nothing to do with any of this other infrastructure, but you're saying that for Bitshares network stuff, like BTS, bitUSD, bitEUR, etc. ccedk will migrate all client funds to our blockchain and keep no keys on their system? even if so, the non-Bitshares stuff on ccedk is still vulnerable to hacking or otherwise losing keys or funds.
what happens when clients sell BTS for BTC on ccedk? the funds migrate over to their ccedk hosted account from our blockchain?
does ccedk integration into 2.0 mean they'll have direct access to our wallets? say i place a trade for BTS to bitUSD via ccedk (not sure why i would do that vs. directly on the DAX?), does that mean ccedk will access the BTS in my wallet, execute the trade on my behalf, and then deposit the bitUSD back into my wallet?
2.0 integration sounds awesome, just not sure i fully understand the details, or if the details are being misconstrued too optimistically in the community?
You may want to read:
http://v1.bitshares.org/resources/gateways
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sorry i'm having a tough time conceptualizing this...
ccedk is currently a centralized exchange with customer accounts and funds. this includes fiat and a wide variety of crypto. the bitshares blockchain has nothing to do with any of this other infrastructure, but you're saying that for Bitshares network stuff, like BTS, bitUSD, bitEUR, etc. ccedk will migrate all client funds to our blockchain and keep no keys on their system? even if so, the non-Bitshares stuff on ccedk is still vulnerable to hacking or otherwise losing keys or funds.
what happens when clients sell BTS for BTC on ccedk? the funds migrate over to their ccedk hosted account from our blockchain?
does ccedk integration into 2.0 mean they'll have direct access to our wallets? say i place a trade for BTS to bitUSD via ccedk (not sure why i would do that vs. directly on the DAX?), does that mean ccedk will access the BTS in my wallet, execute the trade on my behalf, and then deposit the bitUSD back into my wallet?
2.0 integration sounds awesome, just not sure i fully understand the details, or if the details are being misconstrued too optimistically in the community?
You may want to read:
http://v1.bitshares.org/resources/gateways
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thx...so, ccedk would be a BTS gateway? i think i understand the high level visions in that doc, just not sure how it'd translate into reality for an exchange with customer accounts denominated in multiple currencies and assets that aren't part of our blockchain?
the reason i'm probing a bit is if i end up opening a local gateway here in South Carolina where we go from USD-bitUSD; i really don't want to hold any customer funds, so i'm very interested in learning how to set something up as a purely decentralized process operating directly off the blockchain.
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I don't know what route ccedk will go .. but in the end you can have
ccedk.doge, ccedk.dash, ccedk.* and so on as IOUs and let people trade cced.btc : bitUSD directly in the DEX not having any of your funds in CCEDK (except maybe for the IOU, but that's the same thing as with classical centralized exchanges) ..
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I don't know what route ccedk will go .. but in the end you can have
ccedk.doge, ccedk.dash, ccedk.* and so on as IOUs and let people trade cced.btc : bitUSD directly in the DEX not having any of your funds in CCEDK (except maybe for the IOU, but that's the same thing as with classical centralized exchanges) ..
very cool, and i look forward to seeing how they implement an integration.
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First sentence has typo:
With the global economy having spent over US$500 billion spent last year on fees for remittances (i.e.
Double spent
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First sentence has typo:
With the global economy having spent over US$500 billion spent last year on fees for remittances (i.e.
Double spent
Well, I would say journalist is not that wrong here, it says spent twice, but you have to get the meaning here, first it is the global economy having spent the amount, and then comes what it has been spent on, you understand?
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First sentence has typo:
With the global economy having spent over US$500 billion spent last year on fees for remittances (i.e.
Double spent
Well, I would say journalist is not that wrong here, it says spent twice, but you have to get the meaning here, first it is the global economy having spent the amount, and then comes what it has been spent on, you understand?
hmm i still think it'd read much better with one spent. I get what you're saying and in that scenario it's just missing a coma and it'd read well then ie:
With the global economy having spent over US$500 billion, spent last year on fees for...
Great article though - nice work CCEDK! :)
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First sentence has typo:
With the global economy having spent over US$500 billion spent last year on fees for remittances (i.e.
Double spent
ty +5%
Well, I would say journalist is not that wrong here, it says spent twice, but you have to get the meaning here, first it is the global economy having spent the amount, and then comes what it has been spent on, you understand?
hmm i still think it'd read much better with one spent. I get what you're saying and in that scenario it's just missing a coma and it'd read well then ie:
With the global economy having spent over US$500 billion, spent last year on fees for...
Great article though - nice work CCEDK! :)
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Just for laughs: how about a little NXT vs BTS trading war on CCEDK ?
+5%
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For my part, I will now directly buy BTS with EUR rather than EUR-BTC-BTS. And I will tell my eurofriends to do the same.
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For my part, I will now directly buy BTS with EUR rather than EUR-BTC-BTS. And I will tell my eurofriends to do the same.
+5% +5% +5% +5% +5% +5% +5% +5% +5% :D