Hey guys, just from a practicality point of view...we run on different timezones so it's not the same day everywhere in the world ...at the same time? So I don't think something like this could be implemented anyway.
Alex, you would just pick 24 hours from either UTC or UTC-6 or some other time zone.
Assuming that something like that was possible (which I don't think it would as I don't see any exchanges turning of and on trading of our coin for us every week), I don't think that's really practical and that would mean you wouldn't be able trade BiblePay for 2 days a week depending on where you live (the Sundays on UTC time and the Sundays on your own timezone lol).
Alex, if it is practical for the financial markets, it could be practical for biblepay. 24 hours close time would be important for the sake of the coin, in my very honest opinion. Bless you for listening, Alex.
Hey aikida, I just don't think it is practical or even possible.
If you were to run your own exchange that would close down for 24 hours, BBP would still be traded on the other exchanges so its value would still fluctuate.
Your exchange would then only benefit people doing arbitrage as they could profit from your exchange being "behind" but you can be sure that it will catch up with the other exchanges really quickly every time it opens again. You would probably see people taking their BBP out before it shuts down too.
That's why I don't think that what you want would be possible anyway.