Quote from: tokyoghetto on October 31, 2017, 03:35:07 PM

Quote from: peiratis on October 31, 2017, 02:53:23 PM

hey Tokyo what will be the starting price for btcrp when releases into the exchanges?

The opening price will depend on what exchange BTCRP gets added. The problem is that with the amount of projects out there and the increased interest in crypto, exchanges have started to charge an obscene amount of money for listing.

Another issue I have with listing on multiple exchanges is that it fragments the liquidity. Sure lack of liquidity across 10 exchanges will make volatility high, what a coin is worth on paper doesn't matter if you can't sell or buy big blocks at that price. '

This is why I liked the fact that BTCR was really only listed on novaexchange. Since Novaexchange is shutting down I am working on a two prong approach.

1. Try to get BTCRP listed on the biggest centralized exchange that the project can afford. Then focus all the liquidity on that one exchange. So say we can only get listed on trade satoshi using votes. Then I will focus all my trade and encourage all others to trade only on that exchange. This will help with liquidity and price discovery

2. List a large block of remaining BTCRP from the coin swap on a DEX. This will be decentralized trading, but with a centralized point of control. The tokens on the dex will represent BTCRP held in cold storage. If people wish to redeem the token for the BTCRP it will only be done in a small window (once a month) and for a minimum (say 100,000). Think of it like trading Oil Futures. Everyone can participate in trade the value of the product, but not everyone take delivery of the physical product.
People may not like this, but every project and every exchange has a central point of control. I am still ironing out the details but the good thing about this approach is as follows:

1. cheap listing fee.
2. strong platform with a low chance of getting shutdown

There are more reasons but I don't want to get ahead of myself .

just a suggestion you may consider listing on coinsmarkets.com. Quite afew of the new masternode coins have list there and getting decent volume.