Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: coinnext on June 08, 2014, 03:14:44 PM



Title: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: coinnext on June 08, 2014, 03:14:44 PM
Yesterday history repeat itself once more. The exchange ShareXcoin went abruptly offline and the owner went MIA, resulting in potential theft of hundreds of coins.. again. We had this before, Vircurex, Cryptorush, coinEX, and recently CoinOpend to just name a few.

And everytime the same reaction, a witch hunt for the alleged owner of said exchange. Apparently this community only cares about who safeguards their coins after that person scams you, this is logic 101 upside down.

This has to stop. No matter which coins you have allegiance with, no matter which exchange you use to trade on, this has to stop now.

If we want cryptocurrencies to move forward and thrive, its foundation has to be firm. Being able to trade your coin, any coin, in a secure and reliable way is a basic need that we can no longer take for granted.

The fact that we accept to trade our coins on exchanges that completely hide their identity behind a nickname on a public message board is undermining the professional growth the cryptocurrency world needs to thrive past this point.
Scamming exchanges are one most damaging things happening to cryptocurrencies. As long as we as a community keep supporting anonymous exchanges, run by some nicknames (no matter their "seniority" cfr. Tradefortress), we allow them the option to simply close down their exchange and run with all our coins.

For this I want to call upon the altcoin community, and DEMAND from your exchange to out themselves in public or CEASE TRADING at their exchange.
This will result in having overall good (with at least the intention to run it professionally) exchanges left, while weeding out the bad ones, the ones that simply do not care about anything but profit, and have zero inclination to help altcoins and this community forward.

Now, some of those anonymous exchanges have some liquidity in certain markets, so I realise the challenge for abandoning those. Yet please understand that we are often times supporting a ticking time-bomb, which potentially will blow up both our coins as the community's reputation.

A list of altcoin exchanges that are currently run by nicknames, and where the community should either demand public outing from or avoid trading on.
If an exchange is listed here, it means it's unclear who operates the exchange, either the people or the company behind it. If this is unintentional, take this as a wake-up call to add proper reference of this information on your site.

- Mcxnow - This exchange has scammed its users before, by pumping its own shares and then suddenly close down out of nowhere. This is just one of the many incidents their anonymous owner gets away with by just being a nickname.

- AllCrypt - No information found.

- BTC-E - People have traced them back to a bunch of holding companies in UK/Europe, but it's setup like a maze and unknown who is behind BTC-E.

- Poloniex - For the well informed it is known a certain "Tristan D’Agosta" is behind the nickname "busoni". Still there is no information on their site. I believe his intentions are good, but his current transparency efforts are just insufficient.

- C-CEX - No information found.

- DGex - Part of a company incorporated in Panama, no further info. This is just insufficient.

- AllCoin - Mention that they are a company, but no further details.

- EuropEx - No information found.

- UseCryptos - No information found.

- Comkort - No information found.

- Coins-e - No information found.

- Swisscex - No information found.

- Palth - No information found.

- Kingcoiny - No information found.


And last but not least, a list of exchanges who operate in a transparent matter, we should only trade on those exchanges:

- Mintpal - Company registration on /about page.

- Bittrex - Founder bios on the /about page

- Coinnext - Founder bios on the /about page

- Atomic-Trade - Company info clearly on their website

- Bleutrade - Founder bios on the /about page

- Swaphole - Company info on their site

- Bter - Company info on their site

- Cryptsy - Company info/Founder info clearly on their website

If I missed an exchange, send me a message and I will update the list accordingly.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: CoinManiac on June 08, 2014, 03:18:35 PM
A list of those involved, including their credentials should be posted in the website. It will bring more transparency.

Finally, a good post from being scammed



Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: KimNam on June 08, 2014, 04:39:42 PM
Agree with this
no more support for anonymous exchange who don't provide detail information about them
we need more transparency, since we put our coins there
very risky to trade in non-transparent exchanges


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: TheKoziTwo on June 08, 2014, 05:03:38 PM
It's not like knowing the name and face of Mark Karpeles (https://i.imgur.com/ZlwPPOo.jpg) prevented his exchange from becoming the biggest fraud in history of bitcoin.

BTC-E is pretty anonymous is it not?



Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: ChuckOne on June 08, 2014, 05:11:08 PM
Better using a decentralized exchange like the one in Nxt. ;)


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: gorillajam on June 08, 2014, 05:16:29 PM
Better using a decentralized exchange like the one in Nxt. ;)


Or one that doesn't need a PHd like Qora.  ;)


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: gorillajam on June 08, 2014, 05:28:27 PM
Yesterday history repeat itself once more. The exchange ShareXcoin went abruptly offline and the owner went MIA, resulting in potential theft of hundreds of coins.. again. We had this before, Vircurex, Cryptorush, coinEX, and recently CoinOpend to just name a few.

And everytime the same reaction, a witch hunt for the alleged owner of said exchange. Apparently this community only cares about who safeguards their coins after that person scams you, this is logic 101 upside down.

This has to stop. No matter which coins you have allegiance with, no matter which exchange you use to trade on, this has to stop now.

If we want cryptocurrencies to move forward and thrive, its foundation has to be firm. Being able to trade your coin, any coin, in a secure and reliable way is a basic need that we can no longer take for granted.

The fact that we accept to trade our coins on exchanges that completely hide their identity behind a nickname on a public message board is undermining the professional growth the cryptocurrency world needs to thrive past this point.
Scamming exchanges are one most damaging things happening to cryptocurrencies. As long as we as a community keep supporting anonymous exchanges, run by some nicknames (no matter their "seniority" cfr. Tradefortress), we allow them the option to simply close down their exchange and run with all our coins.

For this I want to call upon the altcoin community, and DEMAND from your exchange to out themselves in public or CEASE TRADING at their exchange.
This will result in having overall good (with at least the intention to run it professionally) exchanges left, while weeding out the bad ones, the ones that simply do not care about anything but profit, and have zero inclination to help altcoins and this community forward.

Now, some of those anonymous exchanges have some liquidity in certain markets, so I realise the challenge for abandoning those. Yet please understand that we are often times supporting a ticking time-bomb, which potentially will blow up both our coins as the community's reputation.

A list of altcoin exchanges that are currently run by nicknames, and where the community should either demand public outing from or avoid trading on.
If an exchange is listed here, it means it's unclear who operates the exchange, either the people or the company behind it. If this is unintentional, take this as a wake-up call to add proper reference of this information on your site.

- Mcxnow - This exchange has scammed its users before, by pumping its own shares and then suddenly close down out of nowhere. This is just one of the many incidents their anonymous owner gets away with by just being a nickname.

- AllCrypt - No information found.

- Poloniex - For the well informed it is known a certain "Tristan D’Agosta" is behind the nickname "busoni". Still there is no information on their site. I believe his intentions are good, but his current transparency efforts are just insufficient.

- C-CEX - No information found.

- DGex - Part of a company incorporated in Panama, no further info. This is just insufficient.

- AllCoin - Mention that they are a company, but no further details.

- EuropEx - No information found.

- Comkort - No information found.

- Coins-e - No information found.

- Swisscex - No information found.

- Palth - No information found.


And last but not least, a list of exchanges who operate in a transparent matter, we should only trade on those exchanges:

- Mintpal - Company registration on /about page.

- Bittrex - Founder bios on the /about page

- Coinnext - Founder bios on the /about page

- Atomic-Trade - Company info clearly on their website

- Bleutrade - Founder bios on the /about page

- Swaphole - Company info on their site

- Bter - Company info on their site

- Cryptsy - Company info/Founder info clearly on their website

If I missed an exchange, send me a message and I will update the list accordingly.


useful list coinnext! I always thought only Cryptsy had an actual name behind it. Maybe we need to work out how liable these sites are. I mean being a registered company? can that be checked out?

I am a big believer in letting people do what they want and letting the market work things out but ai also believe in free open information in a perfect market too. maybe this list can be made more official and people can see what the current status and reputation each exchanges have. I think it's fair for exchanges to run anonymously but people should know and make a choice themselves. Maybe a sticky or even a simple website. You know a basic review and scores in areas of security, usability, liability etc.. Stick a donation address on it you got yourself a business.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: joefox on June 08, 2014, 05:31:03 PM
No discussion yet of DECENTRALIZED exchanges?

The Nxt Asset Exchange can never run away with your money because nobody controls the exchange.

It's not perfect, of course: we're still waiting for features that help broker trades between blockchains (so you can trade other cryptos trustlessly) but these are in the works.

Http://Nxt.org


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: ChuckOne on June 08, 2014, 05:33:25 PM
@coinnext
I would like to see BTC-E and Nxt Exchange in your list.

@gorillajam
Where is there a decentralized exchange?


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: gorillajam on June 08, 2014, 05:38:31 PM
@coinnext
I would like to see BTC-E and Nxt Exchange in your list.

@gorillajam
Where is there a decentralized exchange?


Qora relatively soon should be implementing a decentralised exchange, even cross chain training and anomonity if all things work out. At the rate the guy works I have a hunch it's gonna overtake NXT soon in terms of function.

https://bitcointalk.org/index.php?topic=522102.0


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: coinnext on June 08, 2014, 05:42:24 PM
It's not like knowing the name and face of Mark Karpeles (https://i.imgur.com/ZlwPPOo.jpg) prevented his exchange from becoming the biggest fraud in history of bitcoin.

Oh yes, it makes a huge difference. First of all, it's not that Mark Karpeles got away with committing fraud. The fact that you won't get away with it because people know who you are, makes it a very unlikely that one would start an exchange to intentionally scam.

But like I mentioned in OP, it differentiates the with ones with at least the intention to run it professionally exchanges. Of course that intention is not always sufficient. But it's already a big differentiator if the exchange is transparent.




Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: TheKoziTwo on June 08, 2014, 05:50:16 PM
It's not like knowing the name and face of Mark Karpeles (https://i.imgur.com/ZlwPPOo.jpg) prevented his exchange from becoming the biggest fraud in history of bitcoin.
But like I mentioned in OP, it differentiates the with ones with at least the intention to run it professionally exchanges. Of course that intention is not always sufficient. But it's already a big differentiator if the exchange is transparent.



Not necessarily. If you are a public figure you also make yourself a target of extortion.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: dbshck on June 08, 2014, 06:15:09 PM
You should add BTC-e. I don't think they have a clear operators name, it's shady.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: crimi on June 08, 2014, 09:02:42 PM
@coinnext
I would like to see BTC-E and Nxt Exchange in your list.

@gorillajam
Where is there a decentralized exchange?


Qora relatively soon should be implementing a decentralised exchange, even cross chain training and anomonity if all things work out. At the rate the guy works I have a hunch it's gonna overtake NXT soon in terms of function.

https://bitcointalk.org/index.php?topic=522102.0

Yeah right .... Nxt is 6 month ahead of you guys ... bring it on....


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 09, 2014, 12:09:38 AM
This is a great list. We were recently listed on Bittrex and I was pleasantly surprised by the transparency of the exchange.

We were also listed by sharexcoin before they scammed :(


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: kelsey on June 09, 2014, 12:17:52 AM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: leptoon on June 09, 2014, 01:26:24 AM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: kelsey on June 09, 2014, 02:13:30 AM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.

Sorry that wasn't an opening for you to promote your shitcoin  ::)


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 09, 2014, 02:22:07 AM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.

Sorry that wasn't an opening for you to promote your shitcoin  ::)

leptoon probably should start his own thread about how awesome HYPER is. But it is by no means a shitcoin. See you when we launch the MMO Alpha which uses HYPER as an in-game currency (the development of which is being funded by HYPER). Or maybe even the HYPER arcade which will be up in a week or so ;) There ARE a lot of shitcoins, but not all alt coins are by definition shit. There's a big difference.

EDIT: The HYPER team has so much planned and is so driven to achieve our key objectives, I can't wait to see you swallow your words when the time is right ;) In the meantime, try and enjoy yourself.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: leptoon on June 09, 2014, 02:28:15 AM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.

Sorry that wasn't an opening for you to promote your shitcoin  ::)

It's not a shitcoin and I don't appriciate your arrogance. I have no patients left for those who believe the HYPER is anything but genuine, think whatever you want. It's pretty sad that there's so many scams in the crypto world that every alt coin is considered guilty until proven innocent. The fact that you would just assume it's a scam (nice try deleting your post btw) just lends credence to the idea that anonymity is bad for the crypto community. Forced transparency, not by some regulatory commission, but by the people, is what will keep cryptocurrencies relevent in the professional world. Arrogance, assumptions based on nothing more than a bad taste left by some of the scams in recent history, is not acceptable in a civilized discussion on the potential ramifications of complete transparency of cryptocurrency exchanges. Thanks for wasting five minutes of my life...


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: tokyoghetto on June 09, 2014, 02:46:57 AM
HyperFuture suggesting Mr.Net from Project_Pump to pump Hyper.

Link is here

https://bitcointalk.org/index.php?topic=634416.40

quote below

HYPER fits all your requirements but it's not on cryptsy yet!

https://bitcointalk.org/index.php?topic=624651.0

Just in case it gets a ninja-delete, screen cap below.

http://i60.tinypic.com/34e8gfn.jpg

Actually if Bittrex wants to maintain its integrity, they should delist Hyper, considering its developer has openly asked an organizer of a pump group to pump their coin, which usually ends in a huge dump. This is dangerous to possible Hyper investors because the dev holds a huge premine, and will just dump the coin at the highs and burn a lot of people.

So much for being genuine huh.

Or Hyper will just trade low volume and bittrex will just delist it like every other low volume coin.

But to stay on topic, Bittrex has been a solid exchange and I recommend people send their trading volume there.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 09, 2014, 02:59:59 AM
Tokyoghetto the value of a coin after a pump often stabilizes higher, so it turns to be beneficial for the future of HYPER and its associated projects.

Something needs to be done after you have spent so much energy trying to destroy a coin whose team gave you a GIFT for letting you go, as you were not willing to renegotiate your fees for your services rendered, a week before any such services were rendered, which you have returned with unfounded scam accusations and dumping. YOU made people lose money by spreading FUD and dumping. YOU have blood on your hands.

I was just making conversation in the thread - HYPER isn't on Cryptsy so it isn't eligible. What I was referring to in the quote above is that HYPER has a very active dev team and is currently undervalued. Especially with the HYPER space based MMO under development and the HYPER arcade which is launching very soon.

I couldn't resist taking you off ignore to see what you had written - but I will engage ignore again now for both our sakes. I don't want to keep embarrassing you and you're bad for my blood pressure.

EDIT: If you think our coin is so crap, why are you still so clearly upset that you're not involved? I'm sorry  :-*

https://bitcointalk.org/index.php?topic=624651.0


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: leptoon on June 09, 2014, 03:10:13 AM
Sorry tokyoghetto, you really don't have much weight left with the HYPER community. Not to mention you're further derailing this thread.

The simple fact is, there are dedicated people passionately working on HYPER. You seem to be pretty adamant about finding a scam where none exists. A pump of the coin will encourage game currency merchants to accept the coin. All we want is more exposure and for people to use HYPER so it's primed for use in our self developed online game. With more market volume and more realistic prices, the launch of the game will be much more successful. There's a long list of reasons why a pump is good for this coin.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: devphp on June 09, 2014, 05:46:17 AM
Just copying what I wrote in the NXT thread.

One thing I've noticed since the launch of the NXT Asset Exchange - it's a breather on your nerves to trade on it.

Take any centralized crypto exchange. If you want to buy something, you can't help thinking - would it possibly go down tomorrow, would I get my deposit back, hence you rush your trades, buy at spot to quickly withdraw, instead of creating an under market buy order and waiting for it to fill. That is a loss of profits and what's more important damage to your health.

With the decentralized exchange you create an order at exactly where you want to buy an asset, and your worries of the exchange going under and running away with your funds are gone. That saves a lot of nerves, each active trader should really love it, helps avoid a lot of anxiety gastric acid.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: Bluestreet on June 09, 2014, 05:48:08 AM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

https://bitcointalk.org/index.php?topic=639308.0   <-- read this

Mintpal is far worse then bittrex in terms of shitcoins being added. Bittrex adds good and shitcoins, no discrimination.

Shitcoins are getting bot voted onto mintpal on a weekly basis for last 3 weeks because of shitcoins scam/botting there way to the top.

Check the communities for the next 2 coins in line for getting added. it's a joke!


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: T2 Ultra on June 09, 2014, 06:30:00 AM
What about kingcoiny?


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: 🏰 TradeFortress 🏰 on June 09, 2014, 08:06:50 AM
As long as we as a community keep supporting anonymous exchanges, run by some nicknames (no matter their "seniority" cfr. Tradefortress),
I have never ran an exchange, and MtGox.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: DolanDuck on June 09, 2014, 08:13:50 AM
Poloniex and his owner "busoni" has proved to be reliable before, I trust him and his nice work.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 09, 2014, 08:14:23 AM
What about kingcoiny?

I haven't heard of them. It would be great for everyone if the OP could be updated with more exchanges, as more information is made available.

Coinnext looks like a really professional cryptocurrency exchange too. Great idea starting this thread ;)

BTC-e is a tough one as they are not really transparent, but they have been serving the community for longer than any of the exchanges in the OP. One of the first, if not the first altcoin exchange.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: T2 Ultra on June 09, 2014, 10:48:12 AM
Any idea who are behind the exchange? I mean can we have some credentials to bring more transparency after so much scam in exchanges, the recent one being sharexcoin.



Sure I'm the CEO.
As I said there > https://bitcointalk.org/index.php?topic=522849.msg7179623#msg7179623 we have a clear and fair approach.

I repost here >

I smell some ShareX style.

Same... No reason to use new exchanges who will potential scam if there already a bunhch of way more legit ones out.

OK!

I will publicly reply for that :

As you can see here > https://dribbble.com/bpdesign my name is Benoît Philibert, I'm the CEO and cofounder of Kingcoiny. I have designed the platform and I manage it all the time since we launched. My nickname on Bitcointalk is bep42 and here >https://twitter.com/bpdesign_fr  you can see my twitter account.

I'm in charge of the marketing dev for the exchange and I want the things gonna be clear between us and our customers.

Which kind of scammer shows his face and identity?

The best,
Ben


Thanks!


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: coinnext on June 09, 2014, 01:21:49 PM
Added UseCryptos to the AVOID-list


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 09, 2014, 01:25:58 PM
Added UseCryptos to the AVOID-list

Another one to add would be HitBTC. They are registered in Israel as a company, I haven't looked into it in detail but I think they are transparent.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: Daedelus on June 09, 2014, 01:52:44 PM
Added UseCryptos to the AVOID-list

Another one to add would be HitBTC. They are registered in Israel as a company, I haven't looked into it in detail but I think they are transparent.

They have been through the regulatory trouble and expense of setting up USD and EUR fiat gateways, this should carry some weight. I haven;t used either personally though.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: coinnext on June 09, 2014, 02:08:23 PM
Added UseCryptos to the AVOID-list

Another one to add would be HitBTC. They are registered in Israel as a company, I haven't looked into it in detail but I think they are transparent.

They have been through the regulatory trouble and expense of setting up USD and EUR fiat gateways, this should carry some weight. I haven;t used either personally though.

Also, this is the alternate cryptocurrencies board, I will limit myself to exchanges that focus on altcoins rather than FIAT<>BTC.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 09, 2014, 02:10:32 PM
Added UseCryptos to the AVOID-list

Another one to add would be HitBTC. They are registered in Israel as a company, I haven't looked into it in detail but I think they are transparent.

They have been through the regulatory trouble and expense of setting up USD and EUR fiat gateways, this should carry some weight. I haven;t used either personally though.

Also, this is the alternate cryptocurrencies board, I will limit myself to exchanges that focus on altcoins rather than FIAT<>BTC.

HitBTC are adding DOGE and have opened up voting on adding other cryptocurrencies to the exchange. So they are relevant :)


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: Daedelus on June 09, 2014, 02:15:38 PM
Added UseCryptos to the AVOID-list

Another one to add would be HitBTC. They are registered in Israel as a company, I haven't looked into it in detail but I think they are transparent.

They have been through the regulatory trouble and expense of setting up USD and EUR fiat gateways, this should carry some weight. I haven;t used either personally though.

Also, this is the alternate cryptocurrencies board, I will limit myself to exchanges that focus on altcoins rather than FIAT<>BTC.

HitBTC are adding DOGE and have opened up voting on adding other cryptocurrencies to the exchange. So they are relevant :)

It is true, your reservations may only apply for the next couple of weeks until Doge, Nxt, GlobalBoost, Blackcoin etc are added from the vote.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: gorillajam on June 09, 2014, 02:55:02 PM
@coinnext
I would like to see BTC-E and Nxt Exchange in your list.

@gorillajam
Where is there a decentralized exchange?


Qora relatively soon should be implementing a decentralised exchange, even cross chain training and anomonity if all things work out. At the rate the guy works I have a hunch it's gonna overtake NXT soon in terms of function.

https://bitcointalk.org/index.php?topic=522102.0

Yeah right .... Nxt is 6 month ahead of you guys ... bring it on....


like MySpace was ahead of FB...yes.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: rugrats on June 09, 2014, 03:10:12 PM
Great thread, OP.

Better using a decentralized exchange like the one in Nxt. ;)
No discussion yet of DECENTRALIZED exchanges?

The Nxt Asset Exchange can never run away with your money because nobody controls the exchange.

It's not perfect, of course: we're still waiting for features that help broker trades between blockchains (so you can trade other cryptos trustlessly) but these are in the works.

Http://Nxt.org

Do NXT bagholders realize they are merely creating resentment against their coin by endlessly pimping and spamming NXT for just the slightest excuse?


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: Daedelus on June 09, 2014, 03:26:03 PM
Great thread, OP.

Better using a decentralized exchange like the one in Nxt. ;)
No discussion yet of DECENTRALIZED exchanges?

The Nxt Asset Exchange can never run away with your money because nobody controls the exchange.

It's not perfect, of course: we're still waiting for features that help broker trades between blockchains (so you can trade other cryptos trustlessly) but these are in the works.

Http://Nxt.org

Do NXT bagholders realize they are merely creating resentment against their coin by endlessly pimping and spamming NXT for just the slightest excuse?

Solution to the problem is considered the slightest excuse to you?


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: HYPERfuture on June 09, 2014, 03:29:01 PM
This thread has gone off topic so many times I feel sorry for the OP.

I still think this thread is a great idea and everyone should trade on transparent exchanges.

Thanks again Coinnext.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: coinnext on June 09, 2014, 04:05:07 PM
This thread has gone off topic so many times I feel sorry for the OP.

I still think this thread is a great idea and everyone should trade on transparent exchanges.

Thanks again Coinnext.

Np, I will keep this up to date, and it is recommended to be regarded as the go-to list for trustworthy exchanges


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: Zer0Sum on June 09, 2014, 05:26:40 PM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.

Sorry that wasn't an opening for you to promote your shitcoin  ::)

It's not a shitcoin and I don't appriciate your arrogance. I have no patients left for those who believe the HYPER is anything but genuine, think whatever you want. It's pretty sad that there's so many scams in the crypto world that every alt coin is considered guilty until proven innocent. The fact that you would just assume it's a scam (nice try deleting your post btw) just lends credence to the idea that anonymity is bad for the crypto community. Forced transparency, not by some regulatory commission, but by the people, is what will keep cryptocurrencies relevent in the professional world. Arrogance, assumptions based on nothing more than a bad taste left by some of the scams in recent history, is not acceptable in a civilized discussion on the potential ramifications of complete transparency of cryptocurrency exchanges. Thanks for wasting five minutes of my life...

Actually, the problem is the CULTURE IN ALTERNATIVE CRYPTOCURRENCES...
Which has been carefully shaped by professional criminals for 3 years.

Starting with the ZERO PREMINE policy and 100% OPEN SOURCE policy...
This means no talented, honest Dev can make money with a quality Alt.

Go look at the SmartCard space...
Everything is locked down with Non-disclosure Agreements...
But you have the equivalent of a desktop PC + biometrics on a credit card now.

But, HERE, the CROOKED FUCKERS just steal the code and do a zero pre-mine...
Then fuck you over 1000 different ways in partnership with the above exchanges.

 


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: GCInc. on June 09, 2014, 07:31:22 PM
Good thread for all the black / white thinking authority lead masses.

There are reasons beyond an intent to scam to remain anonymous in cryptocurrency exchange operations.

Although I agree these are rare, but they do exist.

For me personally these reasons are related to being able to continue producing value for my e-currency customers, like I have done since 1999 believe it or not.

To be able to continue these activities and benefit the society in whole I'm going to keep both my integrity and anonymity intact. Fortunately there are people who judge people by their track record instead of their government issued id.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: HYPERfuture on June 09, 2014, 07:33:28 PM
Good thread for all the black / white thinking authority lead masses.

There are reasons beyond an intent to scam to remain anonymous in cryptocurrency exchange operations.

Although I agree these are rare, but they do exist.

For me personally these reasons are related to being able to continue producing value for my e-currency customers, like I have done since 1999 believe it or not.

To be able to continue these activities and benefit the society in whole I'm going to keep both my integrity and anonymity intact. Fortunately there are people who judge people by their track record instead of their government issued id.

As a legitimate coin dev who wishes to remain anonymous at this stage, I feel the same way.

What was happening in the digital currency scene in 1999?

EDIT: but I think transparency can be important for exchanges, with the amount of funds which can be held. But I actually have some NXT on DGEX and just bought into the IPO for the new finnish coin through it too :)


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: devphp on June 09, 2014, 07:34:45 PM
What was happening in the digital currency scene in 1999?

e-gold? Was a good e-currency, too bad they shut it down.

DGEX +1440 :)


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: GCInc. on June 09, 2014, 08:18:56 PM
Transparency is extremely important and the technology introduced by the NXT community is making giant leaps in making it eventually possible to technically provide full realtime transparency of operations, not the persons behind them which should in most instances be the secondary focus. DGEX is along with other individual actors working hard to materialize that goal.

Quote
e-gold? Was a good e-currency

E-gold was indeed the leader. The government goons shut it down because people used it anonymously to conduct business and fraud, just like they do now with Bitcoin. Times have changed, e-gold was unfortunately ahead of its time (not minding it was fully centralized).

For the sake of some little substance towards transparency here are the DGEX main reserve accounts

https://blockchain.info/address/1LNKq42Hx6nsWCyBsxKCDqdF3btBbufnQT
http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=16386134630970163904


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: Daedelus on June 09, 2014, 08:30:02 PM
Do not add Kingcoiny on here its a SHAREXCOIN SCAM!!! 


The not so subtle suggestions form people here is to casually introduce it to you.

Any proof?


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: FreebieZoner on June 09, 2014, 08:35:50 PM
What about kingcoiny?

Kingcoiny is an obvious scam,  their About Us page says nothing about them as people and display no public contact info.   They even didn't do a spell check before release.   Any coin dev praising them is obviously a scammer as well for their own coin.  Whether they are sharexcoin or not or another scam group is unknown,  but what is known is that it's going to go down.

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.



Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: coinnext on June 09, 2014, 10:24:46 PM
What about kingcoiny?

Kingcoiny is an obvious scam,  their About Us page says nothing about them as people and display no public contact info.   They even didn't do a spell check before release.   Any coin dev praising them is obviously a scammer as well for their own coin.  Whether they are sharexcoin or not or another scam group is unknown,  but what is known is that it's going to go down.

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.



Added kingcoiny to the AVOID-list


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: coinnext on June 09, 2014, 10:26:43 PM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: Spoetnik on June 09, 2014, 10:38:07 PM
it starts by supporting anon released coins THEN exchanges to trade them on..


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: FreebieZoner on June 09, 2014, 10:55:30 PM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: coinnext on June 10, 2014, 02:47:44 AM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.

Have you actually been to Coinnext? https://coinnext.com/about has been there since launch.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: gorillajam on June 10, 2014, 06:30:17 AM
I was the first to be negative about Kingcoiny. I want to go back on that opinion and say they deserve a second look. The CEO has it seems given personal information including FB and Twitter links that seem legit and go back some months.

If this new info checks out they deserve to be on a list that is not anonymous. I would be cautious but not dismissive.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: FreebieZoner on June 10, 2014, 08:04:46 AM
I was the first to be negative about Kingcoiny. I want to go back on that opinion and say they deserve a second look. The CEO has it seems given personal information including FB and Twitter links that seem legit and go back some months.

If this new info checks out they deserve to be on a list that is not anonymous. I would be cautious but not dismissive.

You might want to retract that,  read this the whois is all false info.
https://bitcointalk.org/index.php?topic=522849.msg7227482#msg7227482


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: FreebieZoner on June 10, 2014, 08:11:56 AM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.

Have you actually been to Coinnext? https://coinnext.com/about has been there since launch.

I've read it and that's why I'm asking for links but you keep refraining to do so.   Even your info doesn't say much such as company names, the only info given was just your names but even that could be fake.  I could easily Google pics and say hi I'm max keiser and I'm legit so use my site too. 


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: bep42 on June 11, 2014, 11:13:45 AM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.


Have you actually been to Coinnext? https://coinnext.com/about has been there since launch.

I've read it and that's why I'm asking for links but you keep refraining to do so.   Even your info doesn't say much such as company names, the only info given was just your names but even that could be fake.  I could easily Google pics and say hi I'm max keiser and I'm legit so use my site too. 

May I share with you my skipe ID in PM and make a call?
We'll fix soon our statement and we'll show you that we just had a bad launch.

The best,
Ben


Title: Bittrex
Post by: Spoetnik on June 11, 2014, 11:28:16 AM
i see updated info on post 1 and i can't argue with any of it..
i have come to the same exact conclusions on them all.

and i repeat.. the first step is supporting coin posters who use anonymous persona's as a way to hide.
it leads to tons of lost money and make our scene look bad !
and the people doing it say well i don't care how bad any coin, service, exchange etc is i made <insert amount> of bitcoin off it / them.
THAT has to stop !

provide the stage and they will abuse it.

anyway i came to see about Bittrex..
i noticed the exchange was not loading but based on pages showing up i think they are switching servers etc
Fair enough but i was just there hours ago and some warning about switching hosting services etc would have been nice.

first msg page i seen was Cloudlfare error
then i seen a Microsoft  Azure setup notification.

I know two guys i have talked to on IRC / chat also that started exchanges.
One we all know well.. R3wt and the other guy on IRC couple months ago was giving me links to his test site to check out.
His site was loosely based off of R3wt's code and they knew each other but best i can tell they both mean well enough.. no malicious intentions.
I forgot the name of the one guys site though lol
And R3wt's is well known around here ;)

edit:
and i am not saying Cryptsy is bad but they have a horrible long time reputation of screwing with the site or individual coins or having problems
and not notifying the public in any way.. i have sat on IRC before supporting complainers for 2 straight weeks on a coin i despise before like 2 months back.
while mods popped by 1 time every few days trying to tell people there was no problem..
when it was clear every single person that came in ever couple minutes in IRC said, "where is my Doge deposit ?"
THIS is by no means a one time incident.. i have harped on ALL the staff there about this for almost a year.
They need a massive and severe overhaul of their communication with their customers procedure.
A Twitter feed update once a month and a Blog update ever 2 months is not going to cut it.

So lets talk about accountability 'AND' how some treat people like shit because they think they can get away with it lol
I had a deposit vanish for 12 hrs while arb'ing and i was told the coin was forked and i found no trace of it online anywhere..
i was lied to.. a million stories like that from a million people is not cool !
It is often simply market manipulation most of us believe.

Same crap from BTER i have witnessed too..
on a transfer error msg on mcxnow when i mentioned it to the boss they just called me a liar and banned me.. that was their support lol

edit2:
Bittrex seems to be back up.. down time was short it seems.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: TwinWinNerD on June 11, 2014, 04:08:32 PM
Yesterday history repeat itself once more. The exchange ShareXcoin went abruptly offline and the owner went MIA, resulting in potential theft of hundreds of coins.. again. We had this before, Vircurex, Cryptorush, coinEX, and recently CoinOpend to just name a few.

And everytime the same reaction, a witch hunt for the alleged owner of said exchange. Apparently this community only cares about who safeguards their coins after that person scams you, this is logic 101 upside down.

This has to stop. No matter which coins you have allegiance with, no matter which exchange you use to trade on, this has to stop now.

If we want cryptocurrencies to move forward and thrive, its foundation has to be firm. Being able to trade your coin, any coin, in a secure and reliable way is a basic need that we can no longer take for granted.

The fact that we accept to trade our coins on exchanges that completely hide their identity behind a nickname on a public message board is undermining the professional growth the cryptocurrency world needs to thrive past this point.
Scamming exchanges are one most damaging things happening to cryptocurrencies. As long as we as a community keep supporting anonymous exchanges, run by some nicknames (no matter their "seniority" cfr. Tradefortress), we allow them the option to simply close down their exchange and run with all our coins.

For this I want to call upon the altcoin community, and DEMAND from your exchange to out themselves in public or CEASE TRADING at their exchange.
This will result in having overall good (with at least the intention to run it professionally) exchanges left, while weeding out the bad ones, the ones that simply do not care about anything but profit, and have zero inclination to help altcoins and this community forward.

Now, some of those anonymous exchanges have some liquidity in certain markets, so I realise the challenge for abandoning those. Yet please understand that we are often times supporting a ticking time-bomb, which potentially will blow up both our coins as the community's reputation.

A list of altcoin exchanges that are currently run by nicknames, and where the community should either demand public outing from or avoid trading on.
If an exchange is listed here, it means it's unclear who operates the exchange, either the people or the company behind it. If this is unintentional, take this as a wake-up call to add proper reference of this information on your site.

- Mcxnow - This exchange has scammed its users before, by pumping its own shares and then suddenly close down out of nowhere. This is just one of the many incidents their anonymous owner gets away with by just being a nickname.

- AllCrypt - No information found.

- BTC-E - People have traced them back to a bunch of holding companies in UK/Europe, but it's setup like a maze and unknown who is behind BTC-E.

- Poloniex - For the well informed it is known a certain "Tristan D’Agosta" is behind the nickname "busoni". Still there is no information on their site. I believe his intentions are good, but his current transparency efforts are just insufficient.

- C-CEX - No information found.

- DGex - Part of a company incorporated in Panama, no further info. This is just insufficient.

- AllCoin - Mention that they are a company, but no further details.

- EuropEx - No information found.

- UseCryptos - No information found.

- Comkort - No information found.

- Coins-e - No information found.

- Swisscex - No information found.

- Palth - No information found.

- Kingcoiny - No information found.


And last but not least, a list of exchanges who operate in a transparent matter, we should only trade on those exchanges:

- Mintpal - Company registration on /about page.

- Bittrex - Founder bios on the /about page

- Coinnext - Founder bios on the /about page

- Atomic-Trade - Company info clearly on their website

- Bleutrade - Founder bios on the /about page

- Swaphole - Company info on their site

- Bter - Company info on their site

- Cryptsy - Company info/Founder info clearly on their website

If I missed an exchange, send me a message and I will update the list accordingly.

I like your intentions! Nice collection.

One point to poloniex: "Poloniex is an LLC organized under the laws of Montana in the United States of America."

You can even check that ;)


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: FreebieZoner on June 11, 2014, 04:47:19 PM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.


Have you actually been to Coinnext? https://coinnext.com/about has been there since launch.

I've read it and that's why I'm asking for links but you keep refraining to do so.   Even your info doesn't say much such as company names, the only info given was just your names but even that could be fake. I could easily Google pics and say hi I'm max keiser and I'm legit so use my site too.  

May I share with you my skipe ID in PM and make a call?
We'll fix soon our statement and we'll show you that we just had a bad launch.

The best,
Ben

Do like bittrex about page and you're golden.  

Coinnext has practically the worse about page.  The founders only States their names and built and sold btc start up but never names the company sold to verify or any personal or contact links or info.

Hi guys I'm Max Keiser and as you know I'm trustworthy so you don't need to know any info except for the fact that I'm Max Keiser so go ahead and shower me with crypto.   Don't worry,  I'm legit that's all you need to know.

Insert Google pic.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 11, 2014, 05:27:12 PM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.


Have you actually been to Coinnext? https://coinnext.com/about has been there since launch.

I've read it and that's why I'm asking for links but you keep refraining to do so.   Even your info doesn't say much such as company names, the only info given was just your names but even that could be fake. I could easily Google pics and say hi I'm max keiser and I'm legit so use my site too.  

May I share with you my skipe ID in PM and make a call?
We'll fix soon our statement and we'll show you that we just had a bad launch.

The best,
Ben

Do like bittrex about page and you're golden.  

Coinnext has practically the worse about page.  The founders only States their names and built and sold btc start up but never names the company sold to verify or any personal or contact links or info.

Hi guys I'm Max Keiser and as you know I'm trustworthy so you don't need to know any info except for the fact that I'm Max Keiser so go ahead and shower me with crypto.   Don't worry,  I'm legit that's all you need to know.

Insert Google pic.


At least Coinnext have some kind of info on their about page. It could be better but I wouldn't say it's the worst!


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: FreebieZoner on June 11, 2014, 06:57:53 PM
What about kingcoiny?

Coinnext can also be a scam site as well.  Anyone can Google pics and info of someone else,  there's no public links to their personal info to verify they are who they claim to be.  Considering the OP is made by Coinnext,  there's no way to move them off the legit list go figure.


I will be speaking at the upcoming Coinsumm.it Bitcoin conference; scroll down to "Sebastien Mortelmans". Let's meet there?

Just post your and your teams info on your site,  simple task otherwise next you're going to ask everyone to fly into London just to meet you?  Lol. ...easy to say if we were all living in London.  You know exactly what we want but instead you like kingcoiny just do the same thing.


Have you actually been to Coinnext? https://coinnext.com/about has been there since launch.

I've read it and that's why I'm asking for links but you keep refraining to do so.   Even your info doesn't say much such as company names, the only info given was just your names but even that could be fake. I could easily Google pics and say hi I'm max keiser and I'm legit so use my site too.  

May I share with you my skipe ID in PM and make a call?
We'll fix soon our statement and we'll show you that we just had a bad launch.

The best,
Ben

Do like bittrex about page and you're golden.  

Coinnext has practically the worse about page.  The founders only States their names and built and sold btc start up but never names the company sold to verify or any personal or contact links or info.

Hi guys I'm Max Keiser and as you know I'm trustworthy so you don't need to know any info except for the fact that I'm Max Keiser so go ahead and shower me with crypto.   Don't worry,  I'm legit that's all you need to know.

Insert Google pic.


At least Coinnext have some kind of info on their about page. It could be better but I wouldn't say it's the worst!

Okay that's true,  worse would be kingcoiny,  the About us page says nothing about any of them instead just say spec stuff, but at least the founder is posting links and is offering a revamp.

Coinnext  continues to give nothing,  except keeps telling you to go to the About page,  which is why there's complaints to begin with lol.  Obviously they have something to hide.

There's a new exhange that looks promising,  called alcurex(?), posts public company info id, email, office address,  phone number,  etc.  The founders info isn't listed but is easily attainable via chat and forum.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: HYPERfuture on June 11, 2014, 07:01:57 PM
I don't think they have anything to hide (just my opinion). I think they're most likely busy and working on it.

Exchanges like BTC-e ad Vircurex have no public information whatsoever and have been around for ages.

I still think scam exchanges are a huge problem and when Sharexcoin went down it was a very sad day for a lot of people.


Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: MisO69 on June 11, 2014, 07:26:29 PM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.

Sorry that wasn't an opening for you to promote your shitcoin  ::)

It's not a shitcoin and I don't appriciate your arrogance. I have no patients left for those who believe the HYPER is anything but genuine, think whatever you want. It's pretty sad that there's so many scams in the crypto world that every alt coin is considered guilty until proven innocent. The fact that you would just assume it's a scam (nice try deleting your post btw) just lends credence to the idea that anonymity is bad for the crypto community. Forced transparency, not by some regulatory commission, but by the people, is what will keep cryptocurrencies relevent in the professional world. Arrogance, assumptions based on nothing more than a bad taste left by some of the scams in recent history, is not acceptable in a civilized discussion on the potential ramifications of complete transparency of cryptocurrency exchanges. Thanks for wasting five minutes of my life...

Based on your post I decided to take a look at HYPER. What I found was promises to make a space exploration game that uses HYPER as in game currency. The flaw in your plan is that you will pay the developers in HYPER to make the game. Do you have any idea what it takes to make a video game like this? Its going to cost you about a million dollars in salaries and take over a year to complete. Who in their right mind would take a worthless coin as payment on the assumption that it may be worth something in the future? I think the crypto world needs to be much more evolved before anything like this is possible. Maybe in 10 years something like this will work but not right now.

Chances are its a complete lie and a scam to get hype and increase value. Thing is, we don't fall for that anymore. That is why everyone automatically calls it a shitcoin or scamcoin.








Title: Re: [Open Letter] Enough. Altcoin exchanges have to be public or die.
Post by: HYPERfuture on June 11, 2014, 07:32:47 PM
Bittrex ad and delist on a weekly whim is pretty much the dumbest shortsighted strategy I've seen in an exchange. More supports short term pump n dump, start a new rinse and repeat then adding any longterm value to a real decent coins.

That may be true, but I have no reason to believe that Bittrex will delist HYPER in the near or far future. When they continue to see HYPER progress and gain market volume, they'll keep it listed.

Sorry that wasn't an opening for you to promote your shitcoin  ::)

It's not a shitcoin and I don't appriciate your arrogance. I have no patients left for those who believe the HYPER is anything but genuine, think whatever you want. It's pretty sad that there's so many scams in the crypto world that every alt coin is considered guilty until proven innocent. The fact that you would just assume it's a scam (nice try deleting your post btw) just lends credence to the idea that anonymity is bad for the crypto community. Forced transparency, not by some regulatory commission, but by the people, is what will keep cryptocurrencies relevent in the professional world. Arrogance, assumptions based on nothing more than a bad taste left by some of the scams in recent history, is not acceptable in a civilized discussion on the potential ramifications of complete transparency of cryptocurrency exchanges. Thanks for wasting five minutes of my life...

Based on your post I decided to take a look at HYPER. What I found was promises to make a space exploration game that uses HYPER as in game currency. The flaw in your plan is that you will pay the developers in HYPER to make the game. Do you have any idea what it takes to make a video game like this? Its going to cost you about a million dollars in salaries and take over a year to complete. Who in their right mind would take a worthless coin as payment on the assumption that it may be worth something in the future? I think the crypto world needs to be much more evolved before anything like this is possible. Maybe in 10 years something like this will work but not right now.

Chances are its a complete lie and a scam to get hype and increase value. Thing is, we don't fall for that anymore. That is why everyone automatically calls it a shitcoin or scamcoin.


The first Alpha will be a simple browser based game where players can build their empire and interact with other players. We have realistic goals, over 10 team members already, and we are finalizing the details of our MMO development roadmap as we speak (with a timeline for dev goals such as: finalizing game engine details, finalizing game mechanics, finalizing adding new features which are required to game engine, finalizing the launch of the simple alpha).

I disagree, something like this will work in 10 years, but it will also work now.

You're entitled to your opinion but I wouldn't call us a shitcoin. Thanks for checking out HYPER :)


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: bep42 on June 12, 2014, 06:35:54 PM
Hi all,

please follow this link to know more about Kingociny. We've just updated our statement > https://bitcointalk.org/index.php?topic=522849.msg7275999#msg7275999


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: hellscabane on June 12, 2014, 06:41:53 PM
I tend to like this idea, but the lack of addressing "shady backroom going-ons" seems to limit its usefulness in my opinion. Frankly, the only surefire way of addressing this issue is not only with public accountability, but with a robust ability to audit these exchanges independently. That said, it's a start (although I'm surprised more people aren't taken aback from your inclusion of BTC-e in the untrusted section).


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: FreebieZoner on June 12, 2014, 08:06:42 PM
I tend to like this idea, but the lack of addressing "shady backroom going-ons" seems to limit its usefulness in my opinion. Frankly, the only surefire way of addressing this issue is not only with public accountability, but with a robust ability to audit these exchanges independently. That said, it's a start (although I'm surprised more people aren't taken aback from your inclusion of BTC-e in the untrusted section).

If anyone else hasn't noticed,  coinnext made this post to point out others as possible scams but failed to even refute any claims against them as a scam.  Coinnext seem to have ran off,  while kingcoiny is actually fighting for their good name.   


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: bep42 on June 12, 2014, 08:25:06 PM
I tend to like this idea, but the lack of addressing "shady backroom going-ons" seems to limit its usefulness in my opinion. Frankly, the only surefire way of addressing this issue is not only with public accountability, but with a robust ability to audit these exchanges independently. That said, it's a start (although I'm surprised more people aren't taken aback from your inclusion of BTC-e in the untrusted section).

If anyone else hasn't noticed,  coinnext made this post to point out others as possible scams but failed to even refute any claims against them as a scam.  Coinnext seem to have ran off,  while kingcoiny is actually fighting for their good name.   

We'll never give up because our approach has been always fair and we just made some marketing mistakes but now time will show the rest ;)


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: bep42 on June 20, 2014, 09:23:43 AM
EDIT : If you want to know more about us and our company please follow the link
> https://www.kingcoiny.com/index.php?page=about

So, what about you coinnext? YOU have launched this thread to figure out the "bad" and "good" exchanges.
Coinnext is selling is exchange and we have no real company behind it.



Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: ChekaZ on June 20, 2014, 09:28:48 AM
Thanks for the Exchange list, so its easier for newies to decide where to trade.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: bep42 on June 20, 2014, 09:44:35 AM
Thanks for the Exchange list, so its easier for newies to decide where to trade.

yeah but not updated and not the job of one of the owner of coinnext.


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: izanagi narukami on June 30, 2014, 12:55:21 PM
guys how this exchanger
 CoinBroker.io (https://coinbroker.io/account/register/?rc=OoH4bx%2F3ABrTuuLZ3SKb5nX%2Bkks%3D)

and here's their sig compain
cek this out CoinBroker signature compaign (https://bitcointalk.org/index.php?topic=671082.msg7596536#msg7596536)


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: FreebieZoner on July 02, 2014, 07:21:12 AM
EDIT : If you want to know more about us and our company please follow the link
> https://www.kingcoiny.com/index.php?page=about

So, what about you coinnext? YOU have launched this thread to figure out the "bad" and "good" exchanges.
Coinnext is selling is exchange and we have no real company behind it.


Exactly,  they made this thread to point out possible scam exchanges but they end up looking suspicious instead.  They have no volume but wants 50 btc for their site and even removed their About Us page, what a joke lol....


Title: Re: [Open Letter] Altcoin exchanges have to be public or die. Updated List Inside
Post by: bep42 on July 05, 2014, 08:33:21 AM
EDIT : If you want to know more about us and our company please follow the link
> https://www.kingcoiny.com/index.php?page=about

So, what about you coinnext? YOU have launched this thread to figure out the "bad" and "good" exchanges.
Coinnext is selling is exchange and we have no real company behind it.


Exactly,  they made this thread to point out possible scam exchanges but they end up looking suspicious instead.  They have no volume but wants 50 btc for their site and even removed their About Us page, what a joke lol....

I appreciate that because everybody had split on us when we gone live and today, we are a legal company and coinnext is nothing.