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Topic: [POLL] What happens when Cryptsy opens the USD markets? - page 2. (Read 2849 times)

hero member
Activity: 896
Merit: 500
I doubt there would be a USD exchange for all the alts on cryptsy probably only the ones with really high volume.

I'm thinking if they bring them online, they will likely start out with the more popular coins, I agree.  But it would be interesting to see how a USD/NET market would react when opened...I bet the volume increase would be quite substantial
o24
newbie
Activity: 42
Merit: 0
I doubt there would be a USD exchange for all the alts on cryptsy probably only the ones with really high volume.
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.

So , wouldn't btc be the biggest loser on this?
Because there will be less demand for btc when customers can buy their coins directly with usd.


Supposedly, it would see modest gains. Bitcoins will still be highly desirable.

Unless cryptsy opens a btc/usd trade. Things will get complex real fast, not to mention security and lag.
hero member
Activity: 896
Merit: 500
Just a little ol' bump  Grin
hero member
Activity: 896
Merit: 500
Of course we'd all love to see the prices increase across the board, but what is your opinion on this?  I believe only coins with a strong community and that are innovative will truly succeed once this happens.  I expect to see rises across the board, but only a relative handful of coins making significant jumps.  I'm no economist though, so I thought I'd see how the community felt...

Cryptsy is not going to open any USD market.

I also have reservations about it even happening, but they seem to be working towards it...only time will tell.  I guess this was more of a hypothetical question  Grin
hero member
Activity: 896
Merit: 500
I expect major issues like a few weeks ago. People will be please when its actual money disappearing.

Same here...I can only hope they have the hardware to support the insane traffic
member
Activity: 84
Merit: 10
JimmyBuffet Coin
hero member
Activity: 672
Merit: 501
I expect major issues like a few weeks ago. People will be please when its actual money disappearing.
newbie
Activity: 35
Merit: 0
Slight rise.
legendary
Activity: 1148
Merit: 1001
Of course we'd all love to see the prices increase across the board, but what is your opinion on this?  I believe only coins with a strong community and that are innovative will truly succeed once this happens.  I expect to see rises across the board, but only a relative handful of coins making significant jumps.  I'm no economist though, so I thought I'd see how the community felt...

Cryptsy is not going to open any USD market.
hero member
Activity: 644
Merit: 501
The SEC cometh and the SEC taketh away.  Tongue
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
they will get shut down, servers will be seized, and you'll lose all your coin...

AML laws and MSB rules will be the end of cryptsy!

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.

So , wouldn't btc be the biggest loser on this?
Because there will be less demand for btc when customers can buy their coins directly with usd.
hero member
Activity: 896
Merit: 500
Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.

Yes, and I think that some altcoins will thrive while others simply meander on at a slight rise
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.
sr. member
Activity: 350
Merit: 250
I'd try to get more flat of mine in the exchange. Hard as hell to move USD from the US.

It's very simple, actually. Takes about 5 clicks to get USD into BTC
I think you're my forum member of the day. Been seeing some of your comments and they're immensely amusing.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
I'd try to get more flat of mine in the exchange. Hard as hell to move USD from the US.

It's very simple, actually. Takes about 5 clicks to get USD into BTC
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Shouldn't BTC be affected as well and included in the poll?

Because if this might indeed happen some people will trade xyz for usd instead of btc.
Of course the volume is small compared to other exchangers but in theory should have some kind of impact.
member
Activity: 68
Merit: 10
Hoping to see another sunrise from home!
I'd try to get more flat of mine in the exchange. Hard as hell to move USD from the US.
sr. member
Activity: 350
Merit: 250
I will add at least 0.2 To My Bot Price.  Wink

Will probably be warranted   Cheesy

the real scooby?
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