I did a quick comparison of bitcoin stock exchanges today and thought I'd share my initial impressions. Please let me know if I missed any major exchanges, or if I got the wrong impression anywhere:
The reason I'm looking into this is that I'm thinking of doing crowdfunding for a literary project, and rather than appealing to straight philanthropy, I thought it'd be more fun and effective to sell shares of the proposed book. Is anyone aware of this having been done before? I'm not. Any thoughts are appreciated.
Don't judge a book by the cover. Looking at the total volume of the exchange does not tell you much. For example, a huge amount of the volume on BTCT is just from one stock (actually several pass-throughs to the same stock, AsicMiner).
Strange thing to say. MPEx only has a few stocks at all - if you took away THEIR top stock then there wouldn't be a lot left at all in securities trade. And Bitfunder has its trade concentrated tighter than BTC-TC. So why was BTC-TC singled out for that comment? And why should a security be excluded from measures of quantity just because it's doing well?
My DMS securities aren't one of the most active ones on BTC-TC, but even they combined turned over around 4K BTC in the last 30 days. So it's not like ALL the volume is ASICMINER. Even without the ASICMINER securities it still does significantly more volume than MPEx.
Not that volume is a measure of anything - other than volume. But it's undeniable that Bitfunder/BTC-TC have been expanding whilst MPEx has been contracting (it now only has MP's own securities on it). A lot of that expansion has, unfortunately, been crap.
I was not trying to single out BTCT, I was using them as an example. I am just saying that getting an asset listed on btct does not mean you will have a huge volume, since the traders evaluate each security individually.