Anyone concerned about the vol?

[CoinHoarder]

Shouldn't we be adding feeds for other assets now?

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http://money.usnews.com/funds/etfs

I agree. I've been arguing this since the early days. I always got a lot of "it's not time yet"s, but I am more of the opinion of publishing the feeds and letting the free market decide which SmartCoins trade and which do not.

This new GUI looks slick on a meta level, but the market tab leaves a lot to be desired as discussed in other threads. That will hinder the market for the short term. As others mentioned in this thread though, that will improve over time I'm sure. It's mainly the graph that's whack..

[luckybit]

Shouldn't we be adding feeds for other assets now?

APPL
GOOG
TWTR
NASDAQ
VIX
SPY
http://money.usnews.com/funds/etfs

Good ideas.

[sudo]

I think that the current market fee should be split into maker fee and taker fee. So we have order placing fee, cancel fee, maker fee and taker fee where [maker fee percentage]+[taker fee percentage] >= 0. The order placing/cancel fee should be as low as possible just to avoid spamming.

To improve the liquidity, we can set the maker fee to -0.2% and taker fee to 0.2%, or maybe -0.1% and 0.2% to get some profit from trades like normal exchanges.

maker taker  is very good

[botfund]

I think that the current market fee should be split into maker fee and taker fee. So we have order placing fee, cancel fee, maker fee and taker fee where [maker fee percentage]+[taker fee percentage] >= 0. The order placing/cancel fee should be as low as possible just to avoid spamming.

To improve the liquidity, we can set the maker fee to -0.2% and taker fee to 0.2%, or maybe -0.1% and 0.2% to get some profit from trades like normal exchanges.

[clout]

There's no volume because the exchanges that accept bitassets have not upgraded. If there are no exchanges to convert bitassets into bitcoin or fiat than there is no reason to trade in that market on the internal exchange. Yunbi, btc38 and metaexchanage have to upgrade.

[maqifrnswa]

Volume and liquidity comes from traders. There's a new API and market matching system, so the old traders have to catch up. Low liquidity offers opportunity for market makers to make easy money, but there are no market making bots written yet. I used to be a market maker but have been too busy to get started with this new system. The first person to do inject liquidity will profit the most.

[MJK]

The UI is not ready yet, that's the main reason I guess.
But we will get there, it just a matter of time and having the resources to do it.
The most important thing is that we have now a very solid technological foundation for the GUI (web sockets + react.js), so it shouldn't take much time to make it similar to Poloniex or Yunbi.

Even if Cryptonomex doesn't do it, some other third-party company will take this opportunity having the financial incentive in the form of the referral program. 80% of the job has been done, this is the last 20% missing.

I agree with what you're saying, but after the trouble with the client in 1.0 we need to make sure it just works when launching 2.0. I think we should not have launched until it was done because the back end is amazing (i dont think they could have done a better job on that) but its looks like we cant get a decent front end finished in 1.0 or 2.0. I'm hoping this gets resolved quickly and moonstone have a decent looking alternative. Something that can compete with the professionalism of cryptsi for example.
Its a work in progress, but the launch implies its ready and clearly the GUI is not yet.
My 2 cents.

[topcandle]

Shouldn't we be adding feeds for other assets now?

APPL
GOOG
TWTR
NASDAQ
VIX
SPY
http://money.usnews.com/funds/etfs

[jakub]

The UI is not ready yet, that's the main reason I guess.
But we will get there, it just a matter of time and having the resources to do it.
The most important thing is that we have now a very solid technological foundation for the GUI (web sockets + react.js), so it shouldn't take much time to make it similar to Poloniex or Yunbi.

Even if Cryptonomex doesn't do it, some other third-party company will take this opportunity having the financial incentive in the form of the referral program.
80% of the job has been done, this is the last 20% missing.

[jimmykorea]

I'm not seeing any vol on the exchange. There was initial vol I assume was put there by bitshares to pad things out but I'm seeing very little added. It's early days but it's not encouraging.


I don't think the UI attracts people to trade. Can anyone encourage me that more vol is gonna come?


please don't bury this question in questions and concerns.