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Topic: Does cryptsy have a "delisting" process? (Read 1775 times)

sr. member
Activity: 616
Merit: 250
October 28, 2013, 06:57:16 PM
#28
  NMC, NVC & TRC don't deserve to be on any de-listed list anywhere once listed. Nor do others unless their values fall far too low to be worthy of an Exchanges services. You must be joking!  NMC, NVC & TRC are major contenders and to request their de-listing is not even remotely proper, nor prudent.


 Patience will be rewarded. Many are far too impatient.


 Only Prudent Regulations are sensible. Not self serving ones.


------------------------------------------------------------------------------------------------------------------------------
 Let the Real Free market work. Otherwise the alternative is this: Meet the New Bosses, Same as the Old Bosses.
------------------------------------------------------------------------------------------------------------------------------



 Decentralized. Real Competition. True Free Marketplace.


 Not Controlled for self serving types that demand Power & Control over all others including their competition.



 By all means flame away. I for one don't care what flamers say or do, nor do I care about them in the least. This place is full of those types, but they wont win in the end.

 Lastly, this isn't an attack. But a wake up call! I hope you understand that. If not your it's your loss.


Caveat emptor - let the buyer beware!
legendary
Activity: 2268
Merit: 1092
September 22, 2013, 05:32:33 AM
#27
Is hardware/bandwidth/etc limitations really that great? I don't imagine a trade pair that doesn't have much volume would actually take up that many resources. If I am wrong, please explain!

As an example, I'm currently running 24 altcoin daemons. Collectively they are consuming 5.5GB worth of RAM (one client is gobbling up 1.7GB of that!) and about 33% constant load equivalent of one CPU core. Peer to peer traffic is a little harder to work out, but it's going to be at least 200-300GB per month. So it does add up.
newbie
Activity: 51
Merit: 0
September 22, 2013, 03:33:46 AM
#26
some new and great coins can not be traded there because of the limitations of the resources (servers, disks, memory etc).

Is hardware/bandwidth/etc limitations really that great? I don't imagine a trade pair that doesn't have much volume would actually take up that many resources. If I am wrong, please explain!

It would be nice if there was a market health stat. Im not sure exactly which variables would be factored in but i'm sure something could be made that helps indicate which markets are actually trading and sustainable.
hero member
Activity: 518
Merit: 500
September 21, 2013, 09:57:24 PM
#25
There are at least another 10 coins that are abandoned and low network hashrate.  I hope you have a more stringent listing process too so that crap is not just replaced with crap.
hero member
Activity: 826
Merit: 1001
@Bit_John
September 21, 2013, 08:50:27 PM
#24
Its more the strength of the network and the DEV support and of course volume plays a part.
full member
Activity: 322
Merit: 113
Sinbad Mixer: Mix Your BTC Quickly
September 21, 2013, 08:48:45 PM
#23
HYC, CNC, CRC, NAN, GIL Markets will be closing on OCT 1st.
Delisting is a good idea. What are your criteria, though? Average Volume, maybe?
hero member
Activity: 826
Merit: 1001
@Bit_John
September 21, 2013, 08:31:11 PM
#22
HYC, CNC, CRC, NAN, GIL Markets will be closing on OCT 1st.
sr. member
Activity: 280
Merit: 250
September 21, 2013, 07:04:07 PM
#21
I'd suggest that they be delisted, so cryptsy can list better and active coins for trades. This is also in the best interests of cryptsy.
I don't think so.

Cryptsy is the place where you could buy most if not every crypto with a marketcap bigger than imagination. It's their niche to trade a lot of alternative coins and helps the altcoin community. Their prices f.e. are used to calculate the marketcaps. Removing a coin wouldn't benefit many noticable but'd upset a lot of people.
sr. member
Activity: 308
Merit: 250
September 21, 2013, 06:46:30 PM
#20
Yea, and Doubloons are historic, one of the first clones! Pfft to your posturing against them Wink
full member
Activity: 140
Merit: 100
September 21, 2013, 06:35:34 PM
#19
hey i have namecoins.
Nothing wrong with them.
They're stable and be used for .bit domains if I ever wanted one for some reason.
sr. member
Activity: 280
Merit: 250
September 21, 2013, 06:25:16 PM
#18
some new and great coins can not be traded there because of the limitations of the resources (servers, disks, memory etc)...

I also did some research...
And went through about a dozen obscure coins on Cryptsy...
And they all pretty much averaged about 0.5 BTC/day = $65/day...
So if fees are 0.2% that's $0.13/day gross profit.

Are these people slave workers wearing dog collars? I'm basically speechless.
legendary
Activity: 2940
Merit: 1090
September 21, 2013, 06:00:41 PM
#17
Thanks. It occurred to me to look at http://galaxies.mygamesonline.org/inbtc.html ... Supposedly one Martian BotCoin was worth 309.49363387 BiTCoins some hours ago when that table was collated.

Cryptsy should be so lucky as to have someone trade a Martian BotCoin there. Even though 21 million of them exist, all pre-mined. Tongue

-MarkM-
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
September 21, 2013, 05:40:40 PM
#16
+100000 markm
legendary
Activity: 2940
Merit: 1090
September 21, 2013, 05:30:51 PM
#15
Wouldn't it make more sense to measure how many bitcoins or dollars or something worth of coin traded?

Especially since what will pay for more disk space and so on - server resources - is presumably the actual fees, converted into whatever currency such bills get paid in?

Why does it matter whether a million dollars of trade in a coin happens to be one billionth of the number of those coins that exist, or 100% of them, or whether it is a fraction of a coin or a billion coins?

Even if more than 100% of all the coins of a given type that were ever minted trade (due to velocity, every coin of it changing hands several times a day), if the fees on that don't cover the server/hosting/etc resources consumed it is one of the ones that needs to go.

Just being popular shouldn't matter if it can't pay its bills...

-MarkM-
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
September 21, 2013, 05:26:24 PM
#14
ahmed is making a lot of sense listen to him..
and nuggets had 0 trading in one 24 hr period yet that is not in your list..

what do you suggest you replace these coins with then ? today's crappy scam coin of the day ?
why feed the monster ? your basically helping promote shady dev's that want to hide and pump new coins every 24 hrs.
People jump on every single coin they hear about then demand they be on exchanges and your guys and the shady dev's are killing the scene..

and i did my research too (looked at cryptsy's main page stats lol)
thanks, i can name 50% of coins there which have lost dev support
sr. member
Activity: 434
Merit: 250
September 21, 2013, 05:06:50 PM
#13
16 CPR is like 10000 blocks worth of coins. I would say that's pretty decent flow lol

Nice research though

I agree, that's why I proposed to use 7-day average value of (trading volume)/(total coin supply), this should give the true picture.

Also, I know I touched someone's nerve, yes these crappy coins that have no interests at all. Post whatever you like to say, but your words will not change the *facts*.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
September 21, 2013, 05:05:02 PM
#12
ahmed is making a lot of sense listen to him..
and nuggets had 0 trading in one 24 hr period yet that is not in your list..

what do you suggest you replace these coins with then ? today's crappy scam coin of the day ?
why feed the monster ? your basically helping promote shady dev's that want to hide and pump new coins every 24 hrs.
People jump on every single coin they hear about then demand they be on exchanges and your guys and the shady dev's are killing the scene..

and i did my research too (looked at cryptsy's main page stats lol)
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
September 21, 2013, 05:04:48 PM
#11
You can just de-select the coins you don't want to see on Cryptsy.
I don't see a problem here.
legendary
Activity: 1050
Merit: 1000
September 21, 2013, 05:03:34 PM
#10
A "delousing" process.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
September 21, 2013, 04:51:17 PM
#9
16 CPR is like 10000 blocks worth of coins. I would say that's pretty decent flow lol

Nice research though
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