another inside job by bittrex. how convenient all these random newbie account coins get added by bittrex before they even have a roadmap.
bittrex-richie you were payed to list this coin.
this keeps happening, your just scamming your own users. at least pretend to not pick scam coins. getting obvious.
you're kidding, aren't you? at least you'd better pretend to...
...given the case you wouldn't just joke around that would mean you assume a high frequent marketplace like bittrex that strip off 10fold the value, spark made in trading volume over the whole lifespan, just in fees on trading action with various mainstream and venture coins over say an hour or so..., a platform used by multipools and trading robots, having disabled dusttrades since ever, taking new and ventourous coins but not as if they have to and closing the market on announced time when conditions havent met (if you have good arguments, they maybe keep a coin for some time longer but it will be a long cold day in hell before they take it up again once dropped)... you honestly believe, they spend time to think about making peanuts by ripping off some newb traders by conspiring with scam coin devs...
...I suggest you first throw your TV out of the window... just for the sake of your future... and then give yourself some time and think again...
either they are being payed 5btc per coin add, or they just dont give a fuck and add brand new newb account coins with no proof of developer because fuck you thats why
if your in the crypto world, you have a bitcointalk account. all this scamming could be stopped by bittrex simply not adding newb account coins. 90% of them are scams.
now, how much a PoD actually is worth, by means of providing some security to the investment that needs to be issued from the community, should be beyond any need of beeing discussed any further...
...and don't forget, Bittrex is what? right, it's a trading platform. so the main interrest is what? trading... right. to achiev a good trading volume and frequency each pool needs to make decisions which coins to accept and which not. and as bittrex isn't necessarily the smallest of all known market places, it indeed takes as well some responsibility for the selection of coins or it would naturally risk driving his traders away. so for sure If there's some negotiations, there will be sort of an evaluation of the market potential and thus the expected trading volume that coin might generate. there is for sure as well some sponsoring involved and I think you can safely assume, that bittrex would easily shit upon 5btc without even noticing it, if they would see any risk for their marketplace (like ignoring it being an obvious scam which in case of spark doesn't apply). they do a lot to keep traders from leaving or getting distracted by stale or empty markets. THAT is the important capital, not like lousy 5btc. simple as that. bittrex is not the coin police and responsible for background checking and investigating on the developers above the usual and obvious... and I'm sure you wouldn't do so either, because beyond that, the responsible traders EVERYTIME need to evaluate their own risk... the marketplace isn't your mama and won't stop you pumping all your coins into crap or hand you a paper to wipe your tears after losing your cash... a casino won't do so as well... when it comes to spending and how much, it's ALL up to the trader, each and every trade. and guess why... trading only works in one simple way: some pay, some get. period.
so, if there's no independent quality assurance registration or certification alliance or the like, that looks under the rugs and gives some deep quality investigation cert that's widely accepted and respected, forget about that. you're a trader, you're responsible. no crying in football and daytrading.
I'm sure I'm save to assume that if someone would make a tremendously good purse after leaving at the bottom of a dump with all the scamcoins sold to some other whosoevers that willingly gulliped the bait, he wouldn't go and file a complain about that... right?
...eg. some whosoever still is buying SRZ... remember... pure zombification of a coin. maybe it's suarez himself
(got me ~.5btc over time for some instamine minutes every now and then when div bottomlined after coin was long time gone and buried. da ubiaman wok pun im
)
btw. ~95-99% of all new altcoins are - if looking at them objectively - intended only for moving captial from one trader to another, while leaving some slices at the trading tool they use, all commonly known als marketplace... some of them turn out to have some long term potential and how that develops over time depends on a blend of a lot of factors - yet, a responsive transparent and actively careing developer could be the one foundation and for sure will be a crucial showstopper, if remaining absent or silent in a situarion like we have here.
btw. there's some yet to be deeper established system making save peer to peer trades while not needing a dedcated external marketplace (like eg. spark or saffroncoin still do a.o. even if they have achieved a more or less close integration into the wallet).
I'm talking of bithalo/blackhalo which provides a comcept of trustless smart contracts for direct exchange which would render escrow agents or trading platforms unnecessary (to an extent).
http://blackhalo.info/
