Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EFL] Electronic Gulden | The Netherlands | Bittrex - cryptopia ea |
by
EFLFoundation
on 24/10/2018, 17:58:41 UTC
Quote
... I am not just giving up like the foundation is willing to do after they spoke with you....

It is not a matter of giving up, it is a matter of arbitrariness of Bittrex. Market volume is equivalent to Bittrex income. Centralised exchanges are clearly not the solution for future crypto markets as they only behave like parasites. It is plain to see where this ends.  Not the end of cryptocurrency but the end of centralised exchanges and anything between the customer and the real market. Soon the market will be peer to peer and you will be able to bid and ask without being X-rayed or being taken hostage by parties like Bittrex.

Amoung several posts to Bittrex we stated :
Quote
You cannot compare small grassroots communities with larger commercial networks that address the world. In the end, small countries/communities will have a minority volume by definition. All our marketing communication is in dutch to address the Dutch public. The other Dutch coin (NLG) is a commercial entity that does the exact opposite. They pretend to be better than Bitcoin (read their whitepaper) and all their communication is in english to reach as many non-dutch people as possible. Off course they are "more" successfull in the short term.
> The main challenge of cryptocurrency/Bitcoin is decentralisation, the exact opposite of favouring large over small.
> The current market is remote from the potential market. The potential market is all about mainstream adoption. Mainstram adoption cannot be serviced by coins that challenge each other for global dominance. Keeping local communication local(transactions) is a well known working network topology (LAN/WAN). It is how the internet operates.

The response was zilch. Oh no, there was one: "A sarcastic form to request a new listing on Bittrex". Definitely not the way to go.