Post
Topic
Board Altcoin Discussion
Re: Price manipulation and market frontrunning at mcxnow.com
by
manface
on 28/09/2013, 08:57:53 UTC

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.