Does anyone here know anyone in management at Cryptsy?
I think cash is a perfect coin for a 3rd market at Cryptsy. It would fit right between BTC and LTC.
Cryptsy used XPM last year for a third market but XPM had some inherent issues. I think CASH is XPM but with all those shortcomings fixed and it has a much better name and a fair launch as well, along with good distribution and less dilution.
It's perfect for the job!
Cash also added PoS which is a nice bonus for any exchange as it gives them a little extra consistent staking revenue.
I really think adding CASH as a third market would be a win-win for Cryptsy, its customers and of course, anyone who decides to buy CASH at these levels.
Regards...
I've asked BitJohn if they will be adding a 3rd market, and if it could be cash..... He said that for the moment they will not add a 3rd market and that cash is not stable enough
for the moment...
Maybe when we will fix the coin and people stop dumping that much CASH it will be reconsidered... First thing to do in my mind would be to reduce the number of new coin each month, that would probably reduce a lot of dumping! And we should probably have more people on cryptsy to buy all that cheap CASH and build solid Buy wall to reduce the number of dump by people who don't really care about this coin...
Example: If vlad had leave is 25K buy order at 269, some people (me included) would have add to it... so the guy who dumped 85K coin when the price has fall below 270 would have probably think twice before doing it if he was seeing more buy support...
What do you guys think?
The problem in your argument is that if the price is so volatile, you can have double the amount of coins for such low price that buy orders are being cancelled.
If i had more btc i`d buy more from sell side, but i dont trade, just buy and hold.
And about Bitjohn, he just might be foolmouthing, who says that cryptsy and mintpal team etc are not creating coins for PnD`s, and if the team is holding 4mil coins ready for dumping.
The only solution for Cash would be long term goals set in instant with real world adoption with one motivated programmer who is interested in crypto as a concept and after that hard work for community, marketing team, additional devs.