Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
jl777
on 07/01/2014, 20:34:18 UTC
Quote
The issues all come down to Dgex, which is the only exchange for Nxt and the only source for coinmarketcap stats.  The site is often unavailable (ddos attacks) and subject to manipulation, furthermore, they've implemented outrageous fees causing many to shy away from trading.

Which is why we should move some trading over to Peercover. Not all trading, but some of it, just to test the waters. There aren't any fees and you don't even have to deal with XRP save for the reserve which comes down to less than a dollar's worth. Don't know why people are still hesitant to moving over there.


The reason i don't trade there because I don't like NXT-XRP exchange, trading for bitcoin via XRP giving me a headache. And you don' have a BTC-NXT order book.

Nothing prevents a NXT/BTC orderbook from forming. Just need people to place orders. This is what I initially recommended. Then it will be the exact same thing that is traded on dgex, just no fees, etc.

Actually, there are a few orders for peercover NXT/BTC in ripple now.

James