Bitcoin Forum

Let me preface this with saying that I am a huge fan and long time supporter of Cryptsy. Some time ago, when I was an avid trader at btc-e, I received a 1 week ban from chat. This encouraged me to join the Cryptsy chat instead. I quickly fell in love with the exchange and the community and once my btc-e ban lifted, I did not even want to go back. I moved my funds to Cryptsy and had a new home. Crytpsy did everything right then as a fledgling exchange by adding lots of coins and drawing a loyal customer base. I argue, although controversial, the adding of many coins was/is one of the keys to their success, but not the only factor. They also always had a mod in chat and tickets filed for issues were responded to promptly. The exchange worked great and Cryptsy quickly became a major player, even stole a large number of btc-e loyals such as myself. But at some point in the last couple of months, things have changed and roles have reversed. Why?

I know the Cryptsy team is dedicated and has invested a lot of time and money into upgrades that are being implemented as we speak. I do have faith that these moves will correct any performance issues currently occurring. Additional to these moves, I would like to share a couple suggestions.

1. Cut out the coins you see fit (if this is indeed a cause of exchange performance issues)
2. Make sure the exchange is secure (has not been an issue to my knowledge)
3. Make sure deposits and withdrawals are working flawlessly
4. Tickets are responded to and problems fixed promptly
5. A mod is always present in the chat


Edit:
I have removed my suggested "coins to keep" list as this is not my place to decide or suggest.

Please stop making reasonable, well thought out suggestions.  This is bitcointalk.org.  Thank you.

Bad list

While I agree with alot of what your saying (ie too many crapcoins polluting Cryptsy and diluting the market), there is no chance of removing dgc out of the btc market. Dgc practically made Cryptsy in the early days. It actually has a bright future and will move back up in value unlike alot of other coins.

Those LTC coins are all wrong and most of them belong in BTC on this exchange.

I know I don't bother with LTC these days and I won't be trading with it any time soon.

I tried to keep the coins trading against BTC from the > .001 category. I think as coins grow in value, they should move to the higher market. Also a loss in value would move them to a lower market.

past is the past, judging by its trading DGC is past it, you guys could always get back and support it and prove me wrong, looks sick now, and didn't the dev move onto other projects?

how about a beginner trader option that shows about 10 popular coins after you sign up (BTC market only). and not a massive wall of unknown coins that they have to untick one by one

with advanced trader ticked all markets and coins are visible

If a coin can't sustain enough value to overcome 8 decimal places as a BTC trade pair, it shouldn't be listed. period.

That means that no coins should be only available in the LTC/XPM markets. Only the more popular ones.

Also, no way should DGC or WDC be removed from the BTC markets. Their trade volume alone is probably what is generating most of Cryptsy's revenue.

Here's my list. Then the highest volume coins would also be added to LTC/XPM markets.

BTC Market:
- ANC
- CGB
- DGC
- FRK
- FST
- LTC
- MEC
- NVC
- PPC
- QRK
- SRC
- WDC
- XPM

Too the OP I very much agree with you.

I can see a problem that everyone will come up with a different list, and many will add the bags they are holding to that list. Reality is reality and all the pump dump (or just dumps) cryptsy keeps adding is (and I warned this long ago), hurting the entire market.

Good coins are suffering along with the bad.

99% of the people giving freemarket advice to cryptsy about adding everything there is a market for (and believing the market will decide gibberish) , have no idea what they are talking about, and next to know market experience (you can all spit those same generic lines out).

I've been warning from long back (its like talking to a brick wall), now the prediction I've made are clearly starting to unfold, markets at saturation point and new coins are still being added.

Hopefully more devs of serious coins wiseup and realise why their coin is suffering despite all the hard work they put in.

No? The dev is still very much involved with DGC. In about 4 days there will be a major update to the coin which hopes to fight against the decreasing value as well as the issue of profit hopping pools. Baritus is also hard at work on the CryptoAve exchange which will allow for direct DGC/USD trading. Also coming down the pipeline is Risk Adverse DGC Trading and a redesign of the dgc market place. It's actually more exciting than ever to be a Digitalcoin supporter, despite the currently low value. I predict lots of people will be very sorry in a few months that they didn't hop on when the prices where at an all time low.

Actually, all his projects evolve around DGC and it is in the process of getting fixed.

-tb-

Being a long time supporter myself I agree with OP. While the choice of coins to keep is debatable, I do agree that nowadays too many coins are being added. Cryptsy still has potential, especially when USD will be added, but I am one of those who might go back to mcx because it's just too much of a mess right now. I remember when I didn't have to scroll down and could just quickly scan all the coins, now it takes me half an hour just to scroll down to see my balance....

You are obviously out of the loop, we are still supporting it and so is Baritus. he would arguably be one of the hardest working devs going around. As mentioned by others in here there is alot coming for dgc in the near future and beyond highlighted by CryptoAve exchange which should begin closed beta testing late November according to Baritus. Lets just put dgc down as 'hibernating' at the moment.

If we needed your opinion bcx we'd have trolled you for it, 3/4 of ur post is irrelevent to the OP's topic. Its in cryptsy's best interest to listen to its customers.

I think Cryptys made it perfectly clear, their business model is to have many many coins.  Perhaps the NASDAQ should remove all of the crap OTC stocks too. I am sure the OP has a great list of acceptable penny stocks..

Neither will happen because both bring in $ or BTC!

You can just disable the coins you do not wish to see or trade in your user settings. Problem solved.

Hey hey express man , don't get so worked up any front facing business will have , petty and demanding users, some of that is the " customer service" society that has been the norm , but some of it is just normal competitive business practices.

I more always assumed  that they Cryptsy team will fork the exchanges  upon economic environment lines .

I.e Cryptsy as the infrastructure it has as a pure " Crypto" exchange

Then

The new one which will be focused and exchange fiat.  Id expect this to be more limited in diversity and focused on operation. 

I told vern long ago to continually upgrade hardware and customer service to keep up with the rapid growth of Cryptsy.  They have lagged severely in both departments and thus stunted growth that was otherwise on a strong trajectory.

Your list is bizarre and somewhat self serving I think.

For a start to list WDC, MEC and DGC on the LTC market alone is just wrong in my opinion. Especially when you suggest ANC, FRK and CGB are listed on BTC market. Given that you are the CGB dev I find this highly biased.

ANC is a mess at the moment (current hashrate 26.9 MH/s) . I though Franko was long gone, no development, very low hashrate (currently 6.21 MH/s).

Whereas WDC has a strong hashrate (currently 1230 MH/s), Megacoin (currently 100 MH/s) and Digitalcoin (currently 100 MH/s).

Not that hashrate is everything but honestly why would you suggest listing ANC and FRK in BTC ahead of WDC, MEC and DGC?

He's promoting his shitcoins: ARG, SRC, FRK, MEC, ANC??? Evidently he's another account of baritus or one of his group. Garbage.

dont like those lists at all

    +1 Thumbs up  :)

Removed my suggested list of coins to keep from the OP as this is not for me to decide and obviously a pretty hot topic. I will continue to entrust Cryptsy with this enjoyable task, lol.

+1

yes I also do I have 7 coins and just checking these other all disable no problem what going why going  ;D

Yep. Better get some of those rare coins like CGB and FRK right?

The sooner you guys realize Cryptsy's sole existence is to provide a safe, secure trading platform for any coins people want to trade, the better. It is not their place to regulate markets, they know that (and don't try to), and they have done a good job thus far

Locking this thread as it was not intended for a coin pissing contest or a pile on Cryptsy thread. Again, I love Cryptsy and it is my trading home. The intent here was to help and this unfortunately seems to have backfired.

Use moderation function lesson learned the hard way.