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Showing 10 of 10 results by CoinsterEx
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Re: UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 28/01/2014, 02:51:11 UTC
My suggestion, create something that bitcoin actually needs.

Another exchange is not needed.
There are numerous already.

There are numerous already but I wouldn't trust any of them with any large amount of BTC or fiat - so create something Bitcoin actually needs - a trustworthy, reliable and quick exchange with proper contact information, details of the owners and ease of use and you've cracked it.

This is exactly what we are aiming for. A secure, fast and reliable exchange and merchandise site for bitcoin that is backed by our technology  company. With our exchanges and coin pairs we are aiming for the ultimate exchange experience for users.
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Re: UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 05:51:15 UTC
My suggestion, create something that bitcoin actually needs.

Another exchange is not needed.
There are numerous already.

This is our second project that will come after the exchange is made. I cannot tell you that idea just now. We are going to copy right it first. Based on my personal experience with exchanges (there is 4000$ stuck on my mtgox account) and other users experience and the news from the media, there are really not many services out there that should be called an exchange. Our exchange builds up from a great fund and great idea, and we are making it based on the other exchanges out there. We are going to mix all the great features of the exchanges out there, creating a secure, fast, reliable and trustworthy exchange that is backed by our own company.
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Re: UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 04:46:58 UTC
Thank you for your questions and suggestions. I am going to try to answer everyones questions. We are a start up company, that is located in Texas. We are in the process of writing our business module to present it to potential investors. My marketing president is reading out to potential developers non-stop. The interest is huge, due to our unique ideas and projects that are confidential at this point. At this point we are able to potentially obtain 50k+ from investors. This will be spent on the exchange, the iOS and android app that we are developing. We are also putting high emphasize on security and the user friendly interface.


At this point we are not considering a lending features, due to the anonymous and nonreversible nature of bitcoin transactions. But as I said, we are going to give a certain amount of the trading fees back to our users that keep bit coins on their wallets.

Right now, that is all i can share with you guys about the exchange. We are just starting the development of the exchange and the feature in it.

I was just curious what you guys thought about other exchanges and I wanted to get your feedbacks on necessities, that we can make with coinster.

Our homepage is going to be up in the next week on the following website: coinster.co

Our Facebook, and twitter pages are under development as well.

I will keep posted everyone here. As we move forward. Until then I would love to here your feedback on exchanges and your necessities. We will make them happen.

Coinster
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Re: UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 03:00:53 UTC
costumers will get extra interest on top of the interest on bitcoins holding in wallet

Interest on BTC balance? The only way you could swing that that comes to mind is you're contemplating extending margin loans and letting people short BTC. Which sounds like a good way to self detonate, and lose people's BTC. My scam antennae are starting to go up.



Sorry I was not clear enough. The interest is going to come form the trading fees. We will be giving away a certain % of the income from the trading fees.
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Re: UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 02:10:49 UTC
I suggest you consider structuring this as a decentralized exchange, exploiting OpenTransactions. If you're not familiar with the idea, this is a good place to start:

https://soundcloud.com/mindtomatter/miami-2014-chris-odom-on-1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheDailyBitcoinShow+%28Let%27s+Talk+Bitcoin%21%29




Thank you for this suggestion. We will definitely look into it.
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Topic OP
UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 01:54:59 UTC
Hi Bitcoin Community,

I am a co-owner of a technology company. My partners and I decided to jump into a huge project and the first part of that would be the creation of the ultimate bitcoin exchange. We have begun fundraising and have obtained enough funding to pay coders to start the development of the exchange. The project is starting Monday and it will approximately take 4 weeks to 6 weeks to finalize our first phase.

As time goes, I will keep everyone updated who is interested about the progress on this forum. We will soon have our homepage up with a countdown and a subscribe option as well.

In this thread I would like to ask for your opinions. We have the proper funding and coder resources to create the best and most user friendly exchange. But in order to do so, I would like to reach out to you guys: the users.  If you have anything you lack form exchanges, anything you are annoyed with, anything you would like to add and use, please let me know! We have resources and ideas, all we need is your input!

Thank you so much for your time and your ideas. As I mentioned earlier I will keep everyone updated on bitcointalk. We'll have our Facebook, Twitter, and our homepage up and running very soon, with the option to become part of our mailing list.  If interested, please sign up so that we can keep you updated with regards to our progress.

Yours Truly,

Coinster
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Re: UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 01:28:52 UTC
Hello..
Will you be having all sorts of alts there as well as the main p2p currencies?
I would love a trading platform that doesn't lag and is super fast and efficient. Also will you be doing an IPO and offering shares up for grabs? It would be nice if we were allowed to purchase some stock.
 Smiley

Hi,

Thank you for your interest in the exchange and your suggestions. We are planning on accepting a few alts as we expand. We are going to start off with bitcoin and expand to all real currencies, and then we will add litecoin and alts that we feel have potential and real market value. As for the speed, I know what you mean... I have been in the bitcoin business for many years. We will provide the best user experience. Stocks are also part of the project. A couple of months after the release, we will offer a certain amount of shares that costumers will get extra interest on top of the interest on bitcoins holding in wallet and users will also have the opportunity to trade those shares.

Coinster
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Topic OP
UpComing Exchange - Coinster - User Suggestions Thread
by
CoinsterEx
on 27/01/2014, 00:57:50 UTC
Hi Bitcoin Community,

I am a co-owner of a technology company. My partners and I decided to jump into a huge project and the first part of that would be the creation of the ultimate bitcoin exchange. We have begun fundraising and have obtained enough funding to pay coders to start the development of the exchange. The project is starting Monday and it will approximately take 4 weeks to 6 weeks to finalize our first phase.

As time goes, I will keep everyone updated who is interested about the progress on this forum. We will soon have our homepage up with a countdown and a subscribe option as well.

In this thread I would like to ask for your opinions. We have the proper funding and coder resources to create the best and most user friendly exchange. But in order to do so, I would like to reach out to you guys: the users.  If you have anything you lack form exchanges, anything you are annoyed with, anything you would like to add and use, please let me know! We have resources and ideas, all we need is your input!

Thank you so much for your time and your ideas. As I mentioned earlier I will keep everyone updated on bitcointalk. We'll have our Facebook, Twitter, and our homepage up and running very soon, with the option to become part of our mailing list.  If interested, please sign up so that we can keep you updated with regards to our progress.

Yours Truly,

Coinster
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Topic
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Re: MtGox vs Bitstamp
by
CoinsterEx
on 26/01/2014, 20:46:41 UTC
I tried to answer this question in the following post, if you would like to please check it out: https://bitcointalk.org/index.php?topic=433590.0
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Re: MtGox?
by
CoinsterEx
on 26/01/2014, 20:37:40 UTC
Mtgox pumps the price of bitcoin itself. Rumor has it that they also double spent in the last couple of months. The price of 950+ $ might look tempting, but please don't fall to that. They require verification for withdraws. There verification period is claimed to be 20 days, but this is not the case, they have been verifying my account for more than a month now. My money is stuck in there and I can't do anything, and I am sure that thousands are in the same boat.

I advise you to use other more trustworthy exchanges like bitstamp, coin base. Btc-e is also another little bit sketchy exchange. But is did not double spend and it seems to work fine.

I also recommend you to stay tuned for my own exchange that is being made by my company called coinster. The exchange is going to be accessible at coinster.co

We have been raising money to start the project and we are able to start the development on the following Monday. This is going to be a major project and our aim is to develop the ultimate exchange that combines the features of multiple exchanges. The development is estimated to take a month. We are hoping to release beta in March.

Until then I suggest you to use bitstamp or coinbase.

I hope I could answer your question