BTW, some people were complaining to me that there aren't enough coins for sale and they are having difficulty accumulating meaningful quantities at current prices. So, if you have <200k, please try to sell them during the next two weeks.
Is that why the price has gone lower now? It is now at $0.019 per coin right now (according to Coinmarketcap) Perhaps it is time for CSC to be added to other exchanges to increase trading activity. Getting added to Poloniex will be a wonderful idea. I have started voting in it for the addition of CasinoCoin. Join me and together we can move the price up.
coinmarketcap is not happy about Cryptsy's current problems. So, they stopped taking prices from cryptsy and de-listed them from the exchange list until they get their act together. The lower price reflects the prices taken from alterdice or alcurex. Cryptsy is an absolute shambles right now.
To add to the ever continuing discussion, .... CSC is by no means a short term money maker, ... if you are only into trading and making a short term profit you are looking in the wrong place! Of course it would be nice if CSC picks up in value but if CSC stays arround $0.02 per coin for the next 2 months i am fine with that as well. We are creating a lot of new software and features here that allow this coin to move forward in the future and we are working in the background on a mindset change for an entire industry. Invest in CSC for the longer term, say 1+ years, and not hoping for a quick win in 1 or 2 months as that will not happen. Sure CSC needs to be able to be traded but we do not need Cryptsy for that. Currently AlcurEX and AlterDice stepped up to the challenge so why the rush to get more exchanges?
This coins sole purpose is not to be traded on exchanges as are 99% of the the other crypto coins out there but we are working on it being used in a real life application. Therefor its future value will not be determined by the grace of the traders but by a multi billion market that is looking for a tool/technology that helps them solve some industry problems. I wonder why most people still do not grasp that concept .....
Will it succeed? I do not know, the future will tell. Nobody guarantees anything here, ... we just indicate the future potential value. What i do know is that the most stock exchanges made some 3-5% profit over the last year. If you invested some $1000 you would have made some $100 on that if you were lucky and had some dividends as well. If you now invest some $1000 into CSC it could well be that in 5 years you can celebrate your early retirement or you could have lost your investment, .... are you willing to take that change?
Ohh and on the Cryptsy problems, ... we already started saying early november that you should NOT LEAVE YOUR COINS ON CRYPTSY so if you did and you loose them i am very sorry for that but by no means a big surprise ....