Sounds like a market opening there. Who wants to start an exchange? A true exchange, so you wouldn't have to front a dime, except for the virtual server. IE: You're only matching orders and taking a cut, not putting any skin in the game.
If you create a clear, well defined entity there very well may be an opening in the market for another bitcoin exchange.
In fact, i'd say there absolutely is an opening and I presume the market will grow over time. Skim 0.75% off each side of the transaction and you're looking to be in good shape. Particularly as btc trading activity increases.
I'd be down for that, it sounds like a fun project in an interesting domain and I was actually thinking about what building one would entail as I've been reading though the comments here.
Business processes. The code is dead simple. A few hundred lines of order matching. The real meat is handling all the business processes, clearing transfers, etc.
and finding a legally safe location to put a business like that.
Way to suck the fun out of it :) -- I know, I just think a bitcoin exchange is an interesting concept, the kind of thing I would enjoy knowing my code was running in and got a little caught up bikeshedding in my mind how I'd secure a target like that.
You know what's really fun? Chilling on a beach somewhere while girls in grass skirts bring you drinks with umbrellas in them.
For that I'll put my ego aside and do a few weeks of boring work. and yeah, I was fantasizing about neat-o technology problems too. I'd love to build an order matching system. Then I got to thinking about the market size, and taking a cut of each transaction.
