is there a reason why Cryptsy doesn't host ICOs? - page 3.

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Quote from: sherbyspark on November 17, 2014, 12:07:14 PM

Bittrex in the past couple days has had lot of people complaining of hosting ICO's that end up as scam. And due to this, some people have left it. I believe Cryptsy would not want such a thing to happen to their name.

i guess not all ico's scam, you can take profit for short term

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Bittrex in the past couple days has had lot of people complaining of hosting ICO's that end up as scam. And due to this, some people have left it. I believe Cryptsy would not want such a thing to happen to their name.

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Quote from: atp1916 on November 17, 2014, 08:35:48 AM

It's because 99% of all ICOs and IPOs are scams. Cryptsy is wise not to get sucked into all of that monkey business.

A lot of them are, certainly, but they seem to be the only way of getting in on the ground floor unless you're a mining guru with serious (and expensive) equipment and there have been some notable exceptions to the scams - NEM, Nxtty, Counterparty, Storj, Ethereum? I think part of the attraction to ICOs has been having an alternative to POW-related miner dumps.

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It's because 99% of all ICOs and IPOs are scams. Cryptsy is wise not to get sucked into all of that monkey business.

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Quote from: BitJohn on November 17, 2014, 07:31:33 AM

We have a policy in place currently that will will not host ICO's, IPO's. There is no plan in place to create the mechanisms to do so either.

We do not feel it is a service that is beneficial to our customers.

Haters gonna hate, but in my opinion cryptsy is the only legit (alternate cryptocurrencies) exchange.

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We have a policy in place currently that will will not host ICO's, IPO's. There is no plan in place to create the mechanisms to do so either.

We do not feel it is a service that is beneficial to our customers.

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i agree with the answers but i have also thought before it was because they may have to write code for the site etc.
it's possible they may still and had been working on an infrastructure for it all but didn't launch it yet.. i'm guessing big time Wink

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Quote from: dragnar on November 17, 2014, 04:31:13 AM

Quote from: sdersdf3 on November 17, 2014, 03:59:58 AM

Curious - is there a particular reason why Cryptsy doesn't host ICOs?

maybe they don't wanna risk getting sued cus of hosting scams ?

Cryptsy is located in the USA where the SEC might consider ICOs as selling unregistered securities. Any company there doing ICOs could find themselves in deep shit which is why Ethereum postponed their ICO. They eventually took legal advice to do it well away from America to avoid the risk of prosecution.

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Quote from: sdersdf3 on November 17, 2014, 03:59:58 AM

Curious - is there a particular reason why Cryptsy doesn't host ICOs?

maybe they don't wanna risk getting sued cus of hosting scams ?

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Curious - is there a particular reason why Cryptsy doesn't host ICOs?

Topic: is there a reason why Cryptsy doesn't host ICOs? - page 3. (Read 3940 times)