Quote from: manface on September 28, 2013, 08:57:53 AM

Quote from: QuantPlus on September 27, 2013, 11:27:03 PM

mcxNOW Daily Data:

-mcxFEE : https://docs.google.com/spreadsheet/ccc?key=0AioqMMSVIC5tdFplWndsdmZuaGxyN01xemxtNWYxVGc#gid=0
-Interest : https://docs.google.com/spreadsheet/ccc?key=0AioqMMSVIC5tdFplWndsdmZuaGxyN01xemxtNWYxVGc#gid=1

Their core problem is the very tight 0.2% fee that is traditional in the Alt Space...
Even something as bizarre as the Chat PayBan brought in about 10 BTC on a couple of days...
More than all trading fees combined.

Is that a core problem? If mcxnow can expand the way it generates fees from more than trading it will be more successful than other pure exchanges. From the looks of this new site they already have the trading angle covered pretty well. Makes sense to me that they expand into other realms to increase the fees generated. Over time both the trading fees and non trading fees should increase and compliment each other.

Agree.

The current 0.2% fee will never support mcxNOW valuation currently $11,000,000...
Based on 1,500 BTC average volume = 3 BTC/day or $150,000 annual revenues = 73 x Gross Revenues.

It might be "smarter" to disappear with 7,000 BTC in deposits...
($1,000,000 is a life's work for most people)...
Then slave over a very complicated, break-even business for 18 hours/day.

As someone doing about 20 trades/day...
The "Pro Trading" option doesn't give you much...
(Though if they allowed me to shut off the Chat Box I'd pay for "Pro Trading")...
And, frankly, the PayBan is gimmicky and unprofessional (if you are an adult).

Since mcxFEE shares trading is probably 60-70% of trading volume...
(And this is very unusual and circular for an exchange)...
The share trading fees there should creep up to 0.25% or 0.30% "for the Common Good".