The market is closed now for PHX. All pending orders have been cancelled. Trades that completed remain.
BigVern
Thank you for respecting our wishes and removing PXC from your exchange. We currently don't feel comfortable with our coin on a exchange yet. We have a lot of things in the works that will benefit the whole crypto currency community in general and not just PXC. Everyone should give Bigvern a big thank you from removing PXC from the exchange. Thank you big vern, this coin will be a success, and thanks to those who supported my FUD till it had an impact. |
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now people are reporting missing balances, but i'm sure they will all be refunded, have patience, the man is doing his best  |
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brothers in arms, i fought hard against the fanatics!!!! We win!!!! Our coin wont go down the drain like the rest |
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ok, everything is cool now, he removed my coin from the exchange, he has agreed to give us a week to get our coin to grow up a lil YAY!!!!
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What is your expected value of this coin right now?
BigVern
big vern, my expected value is of no consequence, but looking at the traded volumes here and the average price, i'd say the lowest anyone is willing to sell right now is 15LTC per thousand, which is roughly .0025 btc each. |
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Cryptsy is what happens when people with shit for programming skills whip together a complete turd of an exchange overnight. Everything about the site is just awful.
you just simplified this equation |
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The market dictated the value of the coins. Vern simply instituted the mechanism for trading said coins. All the coins added since launch were due to petitioning by miners and/or coin developers and supporters. During beta there wasn't a single coin on the exchange that he didn't have a pool for. A free pool mind you. Of course bag holders are going to be upset when their coin-of-the-week gets massively devalued, penny stock holders probably feel the same way when their investments fall through. The market is decided by... the market. And as stated earlier, if a coin has merit it will survive. Of course, it's always easy to find when you look hard enough.
Ok, the buyers and sellers of certain coins agree to an average of 1 btc per thousand, they trade for 3 days at that price, then the moment it pops up on cryptsy, the buy orders are all of a sudden 100k for 1btc? in the space of 5 minutes? Maybe i'm a monkey on a keyboard then and my mining rigs are piles of bananas  |
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I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
Let's face it. We don't like Cryptsy because make us to Dump to soon. If you're really worried DDoS them. Or we can collect bounties so they don't put the coin into the exchange. true, ddos huh? |
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You argue that Cryptsy is setup to make alt-coins fail by devaluing them. But it's run by someone who runs a ton of alt-coin pools. Where's the benefit?
Big Vern stands to gain by successful alt-coins. That means more people mining, more profit from pools (even though it's donation-only), higher trade-values and volumes from successful coins on the exchange will net higher fees. Everything is set up in such a way that Big Vern benefits from strong alt-coins. So why would his exchange be set up to make them fail?
the hand that feeds can also be the hand that punishes |
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This ^^ if i charge you 3% of everything you mine, you and a thousand other people, i would never need to mine again. Let alone when i have an exchange. The buy orders are bogus, and to prove a point, once my btc gets confirmed, i'm going to help rob people blind today.
You don't know what the heck you are talking about. All of his pools are donation driven - that's a 0% fee if you didn't understand. please open the transaction history on any of the websites you mine on, you'll fid that even if you specify 0% donation and the pool is free, deductions are still made. get your ducks in a row man. |
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I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
I'm calling BS on this. Big Vern is probably one of the largest supporters of ALT coins with a large number of pools and an exchange. There are too many coins for this community to support them all. It's not Cryptsy's fault and is actually a nice exchange. This ^^ if i charge you 3% of everything you mine, you and a thousand other people, i would never need to mine again. Let alone when i have an exchange. The buy orders are bogus, and to prove a point, once my btc gets confirmed, i'm going to help rob people blind today. |
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I've never seen such a blind gang, have you noticed that most of the anti-alt coin rhetoric has disappeared? And then somehow, a record breaking alt-killer adds coins on a daily basis? real sites wait and watch to see a coins future, eg btc-e and gox, even bter is more cautious after the cnc fiasco. You guys maybe mine a coin worth something today, then tumar you guys are trading at an average of 30 ltc per 1k, then jus because the "official " site says 1 ltc per 100000, you all folow their lead. You are letting yourselves be convinced that your product is worthless, but wait and see in a month, they will sell you your coins at current docs prices or higher. it's your loss anyway, this is a community of open ideas, try yours, i'll work with mine. Sound mnd, sound decisions, RESOUNDING profits.
Hanzi Big Vern, who is big vern to value your product? So what if the man has pools? are all his pools free? NO! everyone wants to profit and pay the bills. Once you realise tz a dog eat cat world, you'll be more canine.
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I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
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its become clear that alt coin hatres are the ones behind cryptsy
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Op - are you premining this or not!?
No premine So, the starting difficulty is... ? Because if it's 0.00024414, then it will be instamine. Instamine == premine. Instamine != premine Once again, why not a fair launch with a proper high starting diff and nearly worthless first few thousand blocks? Genesis Block will be too hard to mine with higher starting difficulty, but early block rewards should be RIDICULOUSLY low instead - close to zero I say nah, goldcoin was great, 10000 coins |
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Any1 noticed how hazard is quiet today? and then there is a "new" coin all of a sudden. with a newbie putting it up to boot.
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I would like all rights to setup said mining pools.
i second your rights good sir |
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I'll let the cat out of the bag if u allow me premine and instamine rights for two hours before launch.
Because the first thing people look at when a new coin is introduced isn't the blockcount to make sure it wasn't premined - this would work out nicely  please give me a single coin since the first one that was not either instamined or premined, keep in mind, you'll find my dirty grimy fingerprints on more that half the altcoins. |
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true it is for all intent a dead coin, but the thing is, it has support structures in place already, which gives it a higher probabilty of success than the coin that comes out today. i think that rather than minting 5 new coins a day, let's try fixing our version 0.01 then if we reach the best we can do, we get a new coin where we place all the cool new ideas that can't be worked into the current one. I believe that is how a development cycle works.
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finally figured it out.
For junior members and newbies only.
I'll let the cat out of the bag if u allow me premine and instamine rights for two hours before launch.
Pm for details
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