Quote from: mrkent on June 20, 2013, 05:31:58 PM

The site is currently a manipulable gambling site. What's the max bet?
Would be much better as a binary exchange, where you'd trade on anything and users sell contracts at their own prices.

Please remember that the price feed - specifically how it's aggregated and calculated - is public; you can run this yourself to get precisely the same price as we publish. I mentioned this because it proves that the price is independent and obviously, therefore, not manipulated. Check the start of this thread for more information.

However, great minds do often think alike. Your suggestion of a binary exchange is something we've been working on. You've let the cat out of the bag a little bit, but that's OK. We do agree, that this will be a much better option. More updates on this to follow.

However, while we're working on this new system of an exchange similar to what you have described, we have made some updates to the existing website

- The site is now served through SSL, in preparation for future updates where communication with our server should be secure
- We have added more assets: GBP/USD, EUR/GBP, USD/JPY, Gold, Silver, Crude OIl, Nasdaq
- We have updated the maximum bet from 0.1 to 0.25 BTC

Thanks for the continued feedback. Will keep you posted on the exchange.