"Price of the coin has little bearing on the market it is chosen to be in.
Volume of trading is what we look at.
If this coin can produce 50 BTC volume trading per day, for an extended period of time, we may consider adding it to the BTC markets
"
This is what the Cryptsy support told me when I put in a request to get a BTC pairing.
Such BS, esp since SOOOO many of their BTC pairings aren't anywhere close to this.
Volume of trading is what we look at.
If this coin can produce 50 BTC volume trading per day, for an extended period of time, we may consider adding it to the BTC markets
"
This is what the Cryptsy support told me when I put in a request to get a BTC pairing.
Such BS, esp since SOOOO many of their BTC pairings aren't anywhere close to this.
that is a typical BS repeated by any exchange if you ask them add any pairing (be it Bittrex, Craptsy, c-cex, any other name of exchange of your choice).
They also claim extremely high server maintenance cost. I am so sick of this BS they repeat. If they have such high costs why at all they are in this business?
Sorry for going a bit off-topic here, but that is the answer I got when I asked comkort to add XDE (another coin that I am involved):
Code:
For this moment adding XDE will not give us any profit.
1. Any wallet need resources like: CPU, RAM
2. We have to support it and help users if there are any issues with there transactions
3. Update wallets when there are new versions
So we can add if:
a) You or someone else will pay for XDE maintenance 0.2 BTC per Month
b) OR you can trade XDE with volume [b]100BTC per month[/b], it will give us 0.2BTC as trading fee
1. Any wallet need resources like: CPU, RAM
2. We have to support it and help users if there are any issues with there transactions
3. Update wallets when there are new versions
So we can add if:
a) You or someone else will pay for XDE maintenance 0.2 BTC per Month
b) OR you can trade XDE with volume [b]100BTC per month[/b], it will give us 0.2BTC as trading fee
Can you imagine that? They wanted me to guarantee them 100 BTC of trading volume, whereas they didn't get 100BTC a month on any pairing of theirs!
More, at the time of writing, out of 365 different markets they had only 13 (!) had the volume of more than 0.015 BTC!!!
No wonder that shortly after our correspondence they went out of business.
Good, I am happy to see the guys who don't know how to run their business to go out of it. For more that I liked their GUI!
And for more that we like/dislike Cryptsy, they should share similar fate, if they keep repeating this kind of BS and will have so long 'maintenance' periods when the wallets are frozen.
