Topic: [ANN] New Cryptocurrency Exchange in development - AllCrypt.com - page 7. (Read 12839 times)

Be sure to add Zedcoin!  Went to vote but the www.AllCrypt.com/beta site isn't working right now

Great idea! I've already sent you a message suggesting this, but can you please add a donation address for DigiByte? Thanks.

The only way this voting can be rigged is by working your IP address over and over. In general, it's pretty solid.

Network hash is a bit hard to look at without a good system... we cant download every wallet just to see if we should include the wallet. And new coins don't have the listings and resources on other webpages where we can reference them.

DOGE's hash? Thats likely on 100 sites.

NOBL's hash? Not likely.

So, voting. Seems to be the most fair.

Listed it about 20 minutes ago.

I would love for you to add Mol  and PIR

The list needs Noblecoin!

The voting is great but i always thought it should only be one part of the measure of a coin's popularity. Voting can be rigged, gamed, etc.

Possibly look at things like current network hash, or increase in hash. I know that would take more resources.

Maybe some other, easily checked metric like number of tweets/retweets, google hits for the coin name, or a psychic reading. 

Coin voting is NOW LIVE.

www.allcrypt.com/beta

You can vote on which coins are added to the exchange when we launch (which is hopefully within a week!).

Please note - it's beta. There may be bugs. Please report any you see. Please also report if it's slow. It shouldnt be. The page is extremely lightweight.

All updates are live. You shouldnt have to refresh that page. Ever. Try it out. Open the page. Then, open it in another page or browser. Vote on one page. Watch the coin move in the other as well. Super swanky.

Anyway, there we go. If your coin is NOT on the list - email us and we'll add it right quick. No, most of the coins do not have names yet. We imported those coins from lists that did not have names attached, so adding names is a manual process, unless someone wants to supply us with a CSV of the symbol,name and then we can update quickly.

Have fun voting! We hope to launch soon!

www.AllCrypt.com

I'd say 'your recent trades' is a must. It could be optional though.

Please add Darkcoin (DRK)

https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615

Looks like a nice design.


Yes. That was something I always wished btc-e had, especially when using the API.

Well so far all that stuff you mentioned we're not doing anyway. We want to be as efficient as possible.

Does anyone really give a crap about their "top balances"? No. I dont think they do.

Our plan:

Title bar with relevant links: Balances, Markets, Coin Voting, Account. Thats all you need.

Balances: Shows your balances. Can access markets from there. Generate deposit addresses. Withdraw.

Markets: List of all markets and pairings.

Coin Voting: Where you vote for new coins to be added.

Account. Your account stuff. Manage 2FA, change password, etc.

Thats all you need. I don't know why you'd need more. Open orders are on your balances page. Trade history is on the market pages - does anyone need a non-coin specific trade history? Like your entire history on one page? Maybe we'll put that on your account page.

Left sidebar: List of all coins and current trade price, plus a visual volume indicator.

Main window: The goodies go here.

Here's what the market window looks like as of when I screenshotted it 5 minutes ago. Colors will be tweaked. And yes it looks like coinex.com. It's a really good layout that we like a lot.

Does anyone think a "your recent trades" section is necessary? Maybe we'll make that optional. Speed up loading by not showing crap you don't want to see.

Notice the Stop order is already in. We're good like that

It would be easier to comment on a mock-up of your site but I will touch on a few things about Cryptsy. It is slow. Front page has several "coming soon" that have stayed that way for months. Dashboard page - has top balances in very large font but the balances are already listed in left column. The trade key does not need to be seen every time I log in (especially above the fold). I don't need to see tweets, I need to see up to second info on coin is not functioning/trading correctly. Trade page - I really don't care about the tweets here. Click on a pair and it takes > 5 seconds for the page to load. Left column - big space for USD Markets but there are none (don't believe they ever had any).

Blade was nothing without Whistler. I will be your Whistler!

Well funny thing is we threw that minimalist design out the window on the first day we started to actually code it. Given layout and functionality, we'd actually have to work harder to make it minimalist like that. Given how easy CSS is, the site looks pretty spiffy, and has some pretty amazing features already. I'll try and post an in-development screenshot a little later today.

But regarding your comments on Cryptsy. What makes it cluttered? What specifically about Cryptsy's design do you not like. Id like specific answers... "its cluttered and hard to use" doesnt help US design AllCrypt to avoid that. Truth is, we've copied a lot of cool features we've seen on various sites. Yep, even really bad ones. Even they have something to bring to the table.

We're trying to be like Blade. All of the vampire's strenghts, none of it's weaknesses

I'm dating myself now.

And as for the vaults thing. Thats a possibility but it's an entirely different project. Would be it's own site on it's own domain. That being said, we already have plans in the works for offline withdrawal requests. Basically - the site goes kaput, and through a manual process we try and get your withdrawal to you.

Just a quick thought: could you implement 'vaults' like separate Web wallets? Such that if the exchange were compromised, or down for any reason users could still access those wallets independently?

The beginning of the thread talked about design. I can forgive a poor design in the beginning. Poor coding not as much.

You compared Craigslist and Cryptsy. Craigslist is a functional, simple design. Cryptsy is somewhat functional, cluttered design. Cryptsy is broken a lot more often my area's Craigslist.

Symbol TEA I assume?

Ok, just added it to the voting.

Any other coins anyone wants added to the voting, please email me. Email link is on www.AllCrypt.com

I dont want to clutter the thread with coin requests.

Ok can you add tea coin
Please

Wanted to take a moment to reply before getting back to work. We're hoping to launch the coin voting system tonight or tomorrow!


We realize that the paid votes would possibly raise some eyebrows. Fact is, we're running this aspect of the site like life in general. You could come to the site every day, and keep clicking. Or you could realize your time is much more valuable, and donate $10 in BTC and you're covered. I used to change my own oil to save the $30. Now, I'm too damn busy. I just pay the money and I have more time for other things. Like coding an exchange.

We also wanted to give a small coin, that no one cares about, a chance to get on the list. Maybe the dev of the coin wants to spend $500 to get it listed, because his coin sucks and no one cares, but he thinks if he gets it on the exchange, it'll help. Do you REALLY care? Honestly - he spends $500, we donate $100 of it to charity (yes, we are donating 20% of all 'bribes' to charity), and his coin lands on the exchange and withers and dies.

At the end of the day, to be completely honest, I dont think we'll see much BTC in coin listing bribes.

And, at LEAST we're being transparent about it. We admit, up front, we take money to list coins. But the power of your fans, and their votes, will by far outweigh what little we see in coin listing fees. And, yeah, 20% goes to charity.


Here's the deal with that. We as society decide what is morally offensive and wrong. 99% of us agree that NGR (NiggerCoin) and NZI (NaziCoin) are absurdly offensive. More than 1% of us would trade it either because we're screwed up in the head, or think it's funny, or actually believe in it. That doesnt mean it should be on our exchange.

Same with PedoCoin. You state that you disagree but defend their right. No, sorry, I draw the line there. You can call a coin whatever you want, but when it's THAT offensive to THAT many people, then it's not being listed on our exchange.

I dont smoke but I will fight to defend your right to do so.

PedoCoin? No. You're not funny.

ANY coin named after something so patently offensive exists only to shock and offend, and has no right on AllCrypt.com.


Yes, shorted coins are "borrowed" - just like in shorting stocks. Shorting will be limited to a small percentage of the coin we hold (if we have 1,000,000 DOGE on hand, we will limit shorting doge to 100,000 or 200,000, to avoid the issue of a mass withdrawal, but your coins were sold by someone else who hasn't bought them back yet)

Exact numbers are being discussed.


Thats fine if the buy or sell walls are thin... but what happens when every number from 20 to 40 satoshi is loaded down with 80-90 BTC of orders?

Yes, you could sell your 5,000,000 MOON at 19 for .95 BTC, or "prioritize" the sale at 20 for 1 BTC. Thats a 5% difference in income. The extra fee for a priority transaction, right NOW (subject to change), is .5%. Prioritize at 20, or sell at 19? You get 4.995 more BTC with a priority sale.

Another issue would be say the market is dropping like a rock. EVERYONE is selling. You want out before it crashes rock bottom. Do you keep posting sell orders on the tail end of everyone else's order? Or prioritize it, and sell NOW?

Food for thought.



If we have time and there's interest from more than 1 person, we'll add it, but I reiterate: Storing your coins on an exchange is a bad idea. People like to hack exchanges. We typically hold a ton of coins for people.

An open list of coins which users vote up is great, I agree that downvotes are unnecessary - adding a coin which I dislike to the exchange isn't going to negatively impact me, why should I be able to vote against it, right? Paying to get your favourite coin added, I don't like. I don't see a valid correlation between 'a good coin' and 'wealthier supporters of a coin'. Additionally, I think the community ethos is one of the best things you guys have going for you, and pay-to-win doesn't sit well with that. You say paid votes will not be necessary but that is going to depend on the ratio of paid & unpaid votes, and the rate at which you can add coins. Of course, I understand that traders with more coins to trade also have more coins to vote with. Paying to get a coin listed might well maximise trading volume fastest, but for my part, I would rather use a different exchange for a particular coin than pay to have it listed on AllCrypt.

If you are seeking funding through paid votes, I would suggest that there are much better, friendlier, ways to go about that. I would rather donate to the exchange directly than pay to have a coin listed.

Coins with legal issues, or those which are otherwise unsafe for the exchange must of course be ruled out. I find it extremely odd, contradictory even, to state that you don't care what people do with their coins "Legal or not" and then go on to say you will ban coins based on their name. Worse than that, based on whether the coin's name intersects with your personal ideas regarding what's morally offensive, regardless of the community's interests. Not that I am a fan of PedoCoin, it's more of a "disagree, but defend your right" thing. In addition, if a coin is created which has some kind of  superiority (technical or otherwise) to other coins, I will care not a jot about the name of the coin.

Anonymous trading. Fantastic. It should be an option on every exchange, and will definitely set AllCrypt apart. Tumbling makes a lot of sense once you have sufficient volume. Shorting is a very interesting idea and I would like to hear more details at some stage. Would the shorted coins be borrowed from other users who want a lower risk way to earn "interest" on their cryptos?

Priority orders seem a bit silly. Correct me if I am being dense - it is late and past my bedtime - but instead of paying a premium for the order to jump the queue, couldn't I just sell at a slightly lower price (or buy higher)? Either way I make a little less profit, but the order gets fulfilled sooner.

Chase orders are a new one on me. What would happen to the market in the case that 50% or 75% or 90% of all the orders on the exchange were chase orders? I can't quite get my head around the idea right now. Interesting though.

No offense intended to you Chellger - you should trade as you see fit. Personally, I have vaults for my coins. They come in *-qt form, and they are more secure than any exchange will be. Encouraging long term storage of coins on an exchange is a bad idea, and a waste of dev's time.

Chellger, you could always just open an order to sell you 1000DOGE at 10BTC each. It will never be fulfilled, and you won't be able to trade the coins. Of course, I would still advise you to store your coins in a local wallet, for your own security. After all, for all we know we will deposit our many cryptocoins in AllCrypt only to have it hacked, or the devs steal everything and go on holiday! (I am not positing that as a likely situation).

No feature suggestions at the moment I'm afraid, I guess I'm better at criticizing other people's ideas than coming up with my own.