Post
Topic
Board Auctions
Re: Exchange for sale - Coinnext
by
coinnext
on 18/06/2014, 03:49:38 UTC
Any current revenue figures?

We have a 3 month promotion to charge 0% fees ongoing. So no revenue is currently made.

Ouch. To risky for me to consider, would be in the hole nearly 10k by the time you could even start making revenue, and Im assuming this part, "Total Volume:1.6504 BTC
Total Trades:5705"
is lifetime trades, because when I checked a couple hours ago it was 5703 trades.

Site looks very nice, just I can't see it making a profit. Say you charge a .15% fee each way (like mintpal), so .3% on every transaction, and you get 1000BTC a month in volume (~605x current volume), that would be 3BTC generated in fees. After server fees, your down to ~2BTC, which doesn't leave much for hiring white hatters and marketing.

I love the way the site looks, just can't see it turning a profit  Undecided

Goodluck selling!

The site could currently easily handle 1000 BTC per DAY volume, it's even really doable to reach that amount (mostly by adding new coins aggressively).
1000 BTC per month would be only 33 BTC per day, that is not so much. I think our pricing is very reasonable and inline with what we offer. For the right entrepreneur this is a very good deal. If you are looking for a passive income site, indeed, this is not for you.



The software might be able to handle 1000BTC per day, and no, its not doable at this stage in the game. There are many exchanges, yet mintpal, bter, and cryptsy have managed to control nearly the entire marketshare. Its not realistic to assume to 1000BTC. Any new BTC based exchanges realistic customer base will be that of pump & dumps.

Again, wish you best of luck, but when your selling a business it doesn't matter what it could do, it matters what it does bring in

Again, what it brings is clearly outlined in the original post. I priced it appropriately to what's outlined there. If it would be at the point of 1000 BTC per day, it would not be for sale for starting from 10 BTC. I also clearly stated for you once again that this is not intended as a passive income website and valuing it as such is just idiotic. This is a project for a bitcoin entrepreneur who has the resources and time to follow up on the startup journey.

We had a great start and we have great running platform; that is what's for sale. I'm not selling a 1000 BTC/day business here, I think that is pretty clear to almost everyone here.