Author Topic: BitShares Viewed as an Inter-Exchange Network  (Read 2195 times)

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Offline bytemaster

Re: BitShares Viewed as an Inter-Exchange Network
« Reply #15 on: June 16, 2015, 06:46:56 pm »
you can set fees for your IOU (trading , transfer fee  , in the form of IOU)

Yes, but exchanges can already handle all that stuff internally. There must be something else there besides all the marginal points about security and development time - you can imagine that exchanges are heavily invested in their legacy architectures, both in terms of man hours and the level of control it affords them.

They also have recurring costs and support costs. 
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Offline topcandle

Re: BitShares Viewed as an Inter-Exchange Network
« Reply #16 on: June 16, 2015, 06:51:53 pm »
Smells like a similar resurrection of Buttercoin.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline sudo

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Re: BitShares Viewed as an Inter-Exchange Network
« Reply #17 on: June 17, 2015, 01:18:57 am »
awesome

Offline rgcrypto

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Re: BitShares Viewed as an Inter-Exchange Network
« Reply #18 on: June 17, 2015, 01:44:40 am »
network effect here we come

Offline mike623317

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Re: BitShares Viewed as an Inter-Exchange Network
« Reply #19 on: June 20, 2015, 01:33:47 am »
... they can use BitShares to enable all their customers to trade all their assets with the customers and assets of other exchanges.  Small exchanges can band together to attract medium exchanges to join them to compete with still bigger exchanges.  Like a rolling stone.

 +5% +5% I can absolutely see smaller exchanges doing this. Security and others costs would be eliminated overnight. Why wouldn't you do this is the question.

This just keeps getting better and better.

Offline Stan

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Re: BitShares Viewed as an Inter-Exchange Network
« Reply #20 on: June 20, 2015, 02:53:27 am »
... they can use BitShares to enable all their customers to trade all their assets with the customers and assets of other exchanges.  Small exchanges can band together to attract medium exchanges to join them to compete with still bigger exchanges.  Like a rolling stone.

 +5% +5% I can absolutely see smaller exchanges doing this. Security and others costs would be eliminated overnight. Why wouldn't you do this is the question.

This just keeps getting better and better.

Very good.  We describe this as "an exchange in a box".  Everything you need to become an exchange and interact with other exchanges.  So instantly, overnight, you can become a contender.  Then focus on what unique demographics and innovative services you can bring to the BitShares Exchange Network.

This should have a big multiplying factor because new entrepreneurs are immediately putting their energy toward advancing the services available to the network rather than re-inventing the wheel.

BitShares 2.0 has just blown away all barriers to entry - so you should see a much faster rate of growth and innovation among BitShares Exchange Network Members. 

Who will be next to join?
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Offline cylonmaker2053

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Re: BitShares Viewed as an Inter-Exchange Network
« Reply #21 on: June 20, 2015, 02:55:37 am »

Offline mike623317

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Re: BitShares Viewed as an Inter-Exchange Network
« Reply #22 on: June 20, 2015, 03:18:06 am »
... they can use BitShares to enable all their customers to trade all their assets with the customers and assets of other exchanges.  Small exchanges can band together to attract medium exchanges to join them to compete with still bigger exchanges.  Like a rolling stone.

 +5% +5% I can absolutely see smaller exchanges doing this. Security and others costs would be eliminated overnight. Why wouldn't you do this is the question.

This just keeps getting better and better.

Very good.  We describe this as "an exchange in a box".  Everything you need to become an exchange and interact with other exchanges.  So instantly, overnight, you can become a contender.  Then focus on what unique demographics and innovative services you can bring to the BitShares Exchange Network.

Who will be next?

That'll be me Stan