I've never seen such a blind gang, have you noticed that most of the anti-alt coin rhetoric has disappeared? And then somehow, a record breaking alt-killer adds coins on a daily basis? real sites wait and watch to see a coins future, eg btc-e and gox, even bter is more cautious after the cnc fiasco. You guys maybe mine a coin worth something today, then tumar you guys are trading at an average of 30 ltc per 1k, then jus because the "official " site says 1 ltc per 100000, you all folow their lead. You are letting yourselves be convinced that your product is worthless, but wait and see in a month, they will sell you your coins at current docs prices or higher. it's your loss anyway, this is a community of open ideas, try yours, i'll work with mine. Sound mnd, sound decisions, RESOUNDING profits.
Hanzi Big Vern, who is big vern to value your product? So what if the man has pools? are all his pools free? NO! everyone wants to profit and pay the bills. Once you realise tz a dog eat cat world, you'll be more canine.
Topic: Abort Cryptsy - page 6. (Read 14458 times)
Many currencies have an issue, but some still find a degree of stability even after listed on Cryptsy.com (like Digitalcoin). Really what we have is a hyper exposure to the new currencies that don't really have a good foundation to begin with and therefore they die off - in this day of at least three new alt currencies per day, maybe the "invisible hand" isn't such a bad thing.
I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
I'm calling BS on this. Big Vern is probably one of the largest supporters of ALT coins with a large number of pools and an exchange. There are too many coins for this community to support them all. It's not Cryptsy's fault and is actually a nice exchange.
The exchange is trash. Saturated with alts trying to dump.
i said ...
Doest have volume there
No altcoin was killed, only value dropped.
This. The only thing about Cryptsy is it's been adding new alts faster than other exchanges, so these new coins have even less time to build up interest before they get pumped and dumped on an exchange. Thus, the downward spiral just starts up quicker. That's not a fault of the site though. It's a free market - if these coins can't withstand that then too bad.
Long-term, if the coin has actual merit, it will survive.
The exchange is trash. Saturated with alts trying to dump.
The problem is:
MARKETS / LAST TRADE
BQC/BTC
0.00004900
BTB/BTC
0.29000000
CNC/BTC
0.00010000
DGC/BTC
0.00030000
ELC/BTC
0.00055001
FTC/BTC
0.00101002
GLD/BTC
0.00000999
JKC/BTC
0.00000900
LTC/BTC
0.02475000
MNC/BTC
0.00085000
NMC/BTC
0.00000000
NVC/BTC
0.03200000
PHX/BTC
0.00000000
PPC/BTC
0.00150000
PWC/BTC
0.00002010
RYC/BTC
0.00001100
TRC/BTC
0.00300010
WDC/BTC
0.00025010
YAC/BTC
0.00039900
Too many coins... Can spend my BTC only once...
MARKETS / LAST TRADE
BQC/BTC
0.00004900
BTB/BTC
0.29000000
CNC/BTC
0.00010000
DGC/BTC
0.00030000
ELC/BTC
0.00055001
FTC/BTC
0.00101002
GLD/BTC
0.00000999
JKC/BTC
0.00000900
LTC/BTC
0.02475000
MNC/BTC
0.00085000
NMC/BTC
0.00000000
NVC/BTC
0.03200000
PHX/BTC
0.00000000
PPC/BTC
0.00150000
PWC/BTC
0.00002010
RYC/BTC
0.00001100
TRC/BTC
0.00300010
WDC/BTC
0.00025010
YAC/BTC
0.00039900
Too many coins... Can spend my BTC only once...
ABORT CRYPTSY! No buy volume = panic selling to the bottom for miners and holders thinking no one wants to buy.
I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
I did find it quite odd that the exchange is moving at such a small rate. Meh, ill stick to mcxnow anyways
No altcoin was killed, only value dropped.
I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
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