Quote from: bitmover on Today at 12:40:21 PM

Quote from: Kramerc on Today at 11:00:20 AM

Instead of using bisq's price as the de facto monero price, simply set the price yourselves at whatever you want it to be since you have more (real) volume than any monero exchange on the market, including the centralized exchanges.

This wont work for several reasons.

The first is that monero volume in the last 24h according to coinmarketcap was $140,037,146 XMR, and exch.cx only has 77 XMR in its reserves.

Exch.cx is just a small exchange. Kraken, Gate.io, HTX, Kucoin etc are much bigger

That volume is mostly fake, it would appear that some exchange called Whitebit had $25m of monero volume in the last 24h. The other exchanges that you mention have around 10-15k monero on their entire books, most being market maker coins (they don't get traded much).

The lack of liquidity that exch has is due to them not being able to supply enough coins. They already have the buyers that are willing to pay 5%+ in fees and who eat up all the available supply in less than 24h, so what they need more is monero sellers to sell on exch (instead of some other places).

How do you incentivise people to sell on your exchange? By offering better prices.