DarkKnight,
*** Please be aware that I started this topic to discuss C.A.T. settings. ***
But...
I see where this is going, so I'll tell you right off the top that I'm the last person to say I am qualified to argue your point.
I think about it like this:
The other day I asked my girl to buy me a red bull. She happily returned with a brown paper bag (didn't even know stores still offered them) and handed me my drink. Being the trusting fool I can be sometimes, I popped it open and took a swig. As the liquid hit my belly my mind and brain argued over accuracy of the report from my taste buds that this ish don't taste right.
I pull back the bag and read 'green dragon' - I yelled "what the! Onya! What is this crap! This isn't red bull!"
She said "no, it's just like it though". And I yelled "ITS NOT RED BULL!". I didn't like it. I didn't like the taste, and the taurine and caffeine... well, thats another story.
My point is, the market is full of all kinds of knock offs. Some of them quite good actually, and some of the vendors and retailers should be jailed for others. Yet, in this world of HEALTHY competition, the best will survive and be stronger as a result of the competition I believe.
You might now think trading is a viable and gainful pursuit, but me and many others are feeding our families while staying compliant with he laws, and on the side we then have disposable income we can now use to invest in and create other things. And yes, I've been doing that for years too. So you might not see the value of another man's functions, but that doesn't deny it's existence.
I trade, I profit, I invest, I develop and create, I rinse and repeat if compelled.
Forgive me if I'm unable to help you understand why it's right for me.
BC
We're not so much interested in the actual long term value of the cryptos as we are interested in simply profiting from trading them!
Good point. So what (if any) value does allowing a program like C.A.T. to exist, have for the Alt-coin community?
As I see it, CAT delivers lower prices to miners, higher prices to buyers, and makes for aggravating nickel & dime trade wars on Cryptsy's sell wall, all the while sucking profits out for people that do nothing and add no value to the market.
I wonder what order of magnitude Cryptsy's trade engine would speed up if BigVern disabled the API for a little while?