Compared to RED, many inferior and heavier premined coins are listed on the cryptsy. RED is accepted by many commercial sites, it is a serious coin. The dev also gave away coins in several threads, and comparing to the coins mined, the premine coin (1 mil) is nothing.
I don't get why some more heavily premined coins are listed before it in BitJohn's future list.
Also for ELP, it's a good coin, yes it has some premines, but several coins premined more and released more recently than ELP are listed before ELP. I am wondering what is the logics in determining the order to be listed in cryptsy. Coins like Spots, if I remember correctly, the owner did promo in the cryptsy chat and then asked cryptsy not to list it, still it is listed. This is bullshit.
I hope cryptsy will have a public and fair standard in selecting the alt coins.
I am wide open as far as coin selection is concerned its public info. Will we add a coin for competitive reasons absolutely we are a
for profit company. But for the most part we list coins in order by the list.
The lower you get down the list the more unrefined it gets as they have little chance of taking over the top 5 I spend less time ranking them. So RED under elephant doesn't mean one will make it first. The top 5 coins however have a way greater chance of being in the right order.
We at Cryptsy are still very concerned about the large amount of Elephants that have died due to us not listing the coin, however the statements are accurate its a non PoS low hashrate coin that we don't see much potential in (beyond elephant rescue operations)
ORB oops you got us! Didn't see the premine we liked its intentions promote science sounds great. Once the math was done on the premine we realized it will be 10 years for the miners to pass up the premine. This also means well over 51% of the coin are held by the creator its a proof of stake coin so not good for business.
RED coin has potential but again in order to quell the waves of just copy and past throw out coins we have recently begun listing any coin that obviously was made to make profit for a developer alone as its only intent to be ranked lower on the list. My advice is destroy the premines like NVC.
As far as spots he asked to be removed so we removed him. Then he asked to be added so we added him. Coin was fair release and has services simple enough.
Bring on the questions......