Quote from: clouds on May 21, 2011, 11:21:09 PM

Quote from: chame on May 21, 2011, 04:45:22 AM

How do other world systems work with bid and ask spreads? ie stocks, currency spreads on world markets? Are there fees involved?

In most markets, it is free to create a buy or sell order (and it's free to cancel the order). There is usually a fee/commission only if the trade is actually executed. This is the way it already is on Mt. Gox. If there were a fee to create orders, this would reduce volume and liquidity in the market. We want more volume!

I don't think there should be a fee to place or cancel orders. There should only be a fee when a trade is executed (as it is now).

I agree that the orders and their volumes would go down if there is fee to even place orders. At current state, I would definitely not want the exchange to make such change. In fact, I think the MtGox fees are already way high as it is.