Quote from: spyder12 on March 20, 2017, 11:03:01 AM

We will disagree as we are too fundamentally opposed on this issue and I wish you the best of luck. You are trying to improve liquidity in altcoins which i believe is admirable. I just believe that in altcoins the illiquidity stems from the lack of demand and your mechanism cannot solve for that. If I want to purchase almost any altcoin I can find off market liquidity very easily, there is just no demand for most if I try and sell.

Actually your statement above helps me to better understand the source of the apparent disagreement.

We're not trying to "improve liquidity in altcoins" as you stated. What we are doing is enabling the long-tail of tokens by providing a price-discovery and liquidity solution which does not require a critical-mass of trading activity in order to achieve liquidity. Our solution is not targeting these existing altcoins that can be purchased off market very easily as you say, rather, we see a world where every local community or business can create their own credit by issuing their own currency, as many already do - in the form of local currencies and loyalty points. However, using Bancor protocol, these currencies will be convertible to and from other crypto and fiat currencies, which would increase their usability and value (for example markets for airline miles). We believe that just like in user-generated-content (blogs/videos/etc.) - the long-tail has the potential to become bigger than whatever existed before it. The potential of the long-tail can only be realized when the barriers for its existence has been removed, and the critical-mass of trading that is required for high-liquidity is definitely a huge barrier for the long-tail of user-generated-currencies.

Regardless, we appreciate you taking time to engage with us in this forum and wish you all the best as well.