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Mr X

Any New Exchanges?

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Hello,

 

Will there be any new exchanges?

There is only one big exchange which is STEX. 

 

 

 

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Yes bound to be but no idea when or what exchanges. Hopefully a major exchange or exchanges once the BRM has been released. 

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1 hour ago, Mr X said:

Hello,

 

Will there be any new exchanges?

There is only one big exchange which is STEX. 

 

 

 

Sometime in the future there will be , but till then there is no urgent need for liquidity. 

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Posted (edited)

Hello there New Member @Mr X and a warm welcome to the CSC family!

Edited by Zenkert
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5 minutes ago, Marco said:

Sometime in the future there will be , but till then there is no urgent need for liquidity. 

Any exchange adding CSC is good IMHO.

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12 minutes ago, Marco said:

Sometime in the future there will be , but till then there is no urgent need for liquidity. 

Well I hope that its soon than later. 

Liquidity takes a long time to build up.  I

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1 hour ago, Mr X said:

Hello,

 

Will there be any new exchanges?

There is only one big exchange which is STEX. 

 

 

 

NUEX is also a good one! Once the BRM is released there will be more exchanges to follow.

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18 minutes ago, NKHund said:

NUEX is also a good one! Once the BRM is released there will be more exchanges to follow.

I saw NUEX it's a good exchange, but not listed on CMC.

 

CMC shows one exchange. 

 

Need like 20 exchanges to be taken seriously. 

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Posted (edited)
16 minutes ago, Mr X said:

I saw NUEX it's a good exchange, but not listed on CMC.

The listing of exchanges is a mystery to be honest . . . a lot of weird stuff going on there.
I guess you also know these:

https://coinlib.io/

https://www.livecoinwatch.com/
 

Edited by Zenkert

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31 minutes ago, Mr X said:

I saw NUEX it's a good exchange, but not listed on CMC.

 

CMC shows one exchange. 

 

Need like 20 exchanges to be taken seriously. 

I like NUEX more than stex to be honest... It has that beautiful XRP/CSC pair... :spiteful:

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37 minutes ago, Mr X said:

Need like 20 exchanges to be taken seriously. 

Really??... That's funny... Not even XRP had 20 exchanges 1 year ago...  :sarcastic:

But I get your point. We definitely need more and bigger exchanges. I think we will get those but in the meantime this is a better oportunity to buy cheap because when CSC gets to Binance, Bitfinex etc it will not be this cheap, so take advantage of this. :drinks:

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In future CSC at a cent is going to look extremely cheap to new investors. For many of us early investors  just 1 cent will be life changing.

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1 minute ago, CasinoCoin said:

In future CSC at a cent is going to look extremely cheap to new investors. For many of us early investors  just 1 cent will be life changing.

Get to 1 cent and I pay my mortgage!!... :sarcastic:

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9 minutes ago, LeGonze said:

Get to 1 cent and I pay my mortgage!!... :sarcastic:

1 cent would be astonishing.
BTW, why you use those BIG letters :drinks:
You need glasses?

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18 minutes ago, Zenkert said:

1 cent would be astonishing.
BTW, why you use those BIG letters :drinks:
You need glasses?

tumblr_inline_mrmeryvOVY1qz4rgp.gif

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1 hour ago, LeGonze said:

Really??... That's funny... Not even XRP had 20 exchanges 1 year ago...  :sarcastic:

But I get your point. We definitely need more and bigger exchanges. I think we will get those but in the meantime this is a better oportunity to buy cheap because when CSC gets to Binance, Bitfinex etc it will not be this cheap, so take advantage of this. :drinks:

XRP had about 100 exchanges at the end of 2018. 

Sure great opportunity now.  But the exchange's are 100% needed to boost it. 

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3 minutes ago, Mr X said:

XRP had about 100 exchanges at the end of 2018. 

Sure great opportunity now.  But the exchange's are 100% needed to boost it. 

Yes Sir... At THE END OF 2018. We are not at the end of 2019 yet...   By the way, I'm super bullish on XRP. I only invest in 2 coins, XRP and CSC. :classic_rolleyes:

As I said, I agree it needs more and bigger exchanges. That's not even in question. But If you want to wait until CSC is listed on Binance, Bitfinex, Kraken, etc. you will have to wait a little longer and probably you will have to pay more for each CSC. That's your call. :drinks:

 

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2 hours ago, Marco said:

Sometime in the future there will be , but till then there is no urgent need for liquidity. 

I have to disagree with this, liquidity needs to be in place for release of brm. We just saw what happened when someone (a thief) tried to dump 350 mil csc in one go, the same will happen when a player tries to cash out a decent sized win unless the market has more liquidity. Maybe the payment processor is going to act as a market maker too, I don't know, but liquidity (lack of) is the biggest concern with csc imo.

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That's what I don't understand. 

Maybe the payment processor is going to be a market maker. 

If not.

They I have no idea how this will work with such little liquidity. 

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24 minutes ago, Sal said:

I have to disagree with this, liquidity needs to be in place for release of brm. We just saw what happened when someone (a thief) tried to dump 350 mil csc in one go, the same will happen when a player tries to cash out a decent sized win unless the market has more liquidity. Maybe the payment processor is going to act as a market maker too, I don't know, but liquidity (lack of) is the biggest concern with csc imo.

 

4 minutes ago, Mr X said:

That's what I don't understand. 

Maybe the payment processor is going to be a market maker. 

If not.

They I have no idea how this will work with such little liquidity. 

 

Guys, this will not be used tomorrow by all casinos online. This will be a gradual growth and it will take time (Just like XRP and it's partners).

As the team has stated before, as soon as they have the BRM on a useful mode or at least at the 1.0.0 version of it, they will start marketing more exchanges. But again, this will take time.

 

By the way, we got up all the way from 2 sats to 6-7 sats again in less than a day in that 350M CSC Dump/Theft. It was pretty amazing to me. :spiteful:

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Posted (edited)
20 minutes ago, LeGonze said:

 

 

Guys, this will not be used tomorrow by all casinos online. This will be a gradual growth and it will take time (Just like XRP and it's partners).

As the team has stated before, as soon as they have the BRM on a useful mode or at least at the 1.0.0 version of it, they will start marketing more exchanges. But again, this will take time.

 

By the way, we got up all the way from 2 sats to 6-7 sats again in less than a day in that 350M CSC Dump/Theft. It was pretty amazing to me. :spiteful:

No, it won't be used tomorrow by all casinos, but there needs to be at least some kind of liquidity in place before it is released, otherwise the price volatility of csc will be ridiculous (players winnings could multiply or almost disappear within hours).

It can't really be compared to xrp, csc will be held for much longer than 4 seconds making it more vulnerable to market movements. Also, xrp has been building liquidity for years prior to xrapid's release with new innitiatives such as Coil being put in place recently to further build on that liquidity.

Edited by Sal
typo
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Posted (edited)
7 minutes ago, Sal said:

It can't really be compared to xrp, csc will be held for much longer than 4 seconds making it more vulnerable to market movements.

It is not. The vulnerable market issue is solved, I mean it is a Core of the whole idea of the CSC BRM.
I just do not remember where I read it right now. But it is in fact very simple and elegant.

Edited by Zenkert

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7 minutes ago, Zenkert said:

It is not. The vulnerable market issue is solved, I mean it is a Core of the whole idea of the CSC BRM.
I just do not remember where I read it right now. But it is in fact very simple and elegant.

How is the vulnerable market issue solved? I check discord daily and haven't heard anything from the foundation on this.

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Just now, Sal said:

No, it won't be used tomorrow by all casinos, but there needs to be at least some kind of liquidity in place before it is released, otherwise the price volatility of csc will be ridiculous (players winnings could multiply or almost disappear within hours).

Again... And again... And again... I AGREE LIQUIDITY IS NEEDED!!!...  :sarcastic: I don't agree is needed RIGHT NOW. The BRM could be realeased tomorrow but not even 1 operator might use it until next year because of regulatory matters and a thousand of reasons more. Actually the same happened to xRapid. It was "Ready" a year ago... But the first transaction through it was made months later, and we do not have millions of transactions made by xRapid yet... It will happen, I'm so confident of it... But it will take time... :good:

 

3 minutes ago, Sal said:

Also, xrp has been building liquidity for years prior to xrapid's release with new innitiatives such as Coil being put in place recently to further build on liquidity.

I don't agree. If you put into account what XRP/Ripple is aiming for since the beggining (Trillions of USD in Xborder Trx.), XRP had almost ZERO liquidity when they released xRapid Ver. 1.0.1. If you wanted to send Billions of USD daily through xRapid, you just simply couldn't because there wasn't enough luquidity. XRP doesn't have enough even today. They are working and, as I said, I'm pretty confident they will get it done, but it will take time. 

 

I rather to have a Perfect Working Product on the BRM and then start to marketing it, than to have a sloppy BRM with a lot of issues and people disliking the experience of it, even if we got into Binance, etc.

I really want to have the best BRM Ver. 1.0.1 there can be before any distribution of it. If it needs time, fine by me. I'm still B&HODLing... :smoke:

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