+SAV
SavingCoin please
I'm urging you not to add SavingCoin -- at this point, these junk coins are devaluing this entire market. Each time one of these things is added, the same dev and his buddies are dumping their holdings and moving on to the next scam. By listing these coins, investors are losing trust in the entire market.
Notice how the ELP thread completely died the second ELP was listed on Cryptsy? No more daily bumps/etc -- all of those goons dumped their ELP into the laps of unsuspecting investors and moved on. This same scam is happening over and over again...and the SAV people are the exact same ELP people. Elephantcoin is now in the bottom 5 for mining profitability (just as I predicted.) There's no way you made enough money listing ELP to make it worth discouraging anyone that bought ELP from trading/investing in altcoins. You're shooting yourself in the foot!
I know you're in this for profit...but your profits will start to suffer if people (completely) stop taking altcoins seriously. At this rate, we're merely a few months away from the bottom potentially falling out here. It's already growing difficult to mine for a profit after power costs...and part of the reason is that these garbage coins keep getting listed on Cryptsy. As soon as I'm losing money, I'm going to stop mining...and most big miners will follow.
You have to draw a line now -- we need to see some innovation in order to list a currency on Cryptsy and not just the same crap over and over again. You can't let these idiots continue to get away with ripping everyone else off.
I'm telling you...if you think you have a good thing going here and want the success to continue...either take my advice or brace for impact. PM me if you need more details.
Emphatic +1It's the same group or two of people making the same coins. And these exchanges are either falling for it or something else is going on...
I'm not the only one noticing this. The above post by bholzer as well as others are proof, like this:
https://bitcointalksearch.org/topic/m.3175860Maples, CryptoBuck, PeopleCoin, Growthcoin, SavingCoin...probably all the same avatar losers trying to scam people, who would not in a million years show their true identity. And there's an obvious reason for it, so don't be naive.
At this point, adding these coins does NOT help the industry. We need to reinforce our foundation. Perhaps an official petition might be in order, to show community support for these ideas?
-Merc