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oRyYLMdMFbGr7RTeirwmhixJW9pZYmNcqH
thankyou
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The only real criteria that should be used is
" Can Cryptsy make a profit from it"
Cryptsy is a FOR PROFIT business...
They're not here for the better of mankind, making a stand against big banks or any of the other 50 altruistic bullshit reasons I have seen posted in this forum as the "idea" behind any given "coin x".
Profit, making money, getting rich...... <---- should be the only criteria
~BCX~
very short sighted business model. best idea for longterm viability is not to make such a joke out of cryptos by listing every scam/joke coin that comes along. That's the POINT of Cryptsy. No one would put up with how buggy it is if it wasn't the only place to trade shitcoins. Fixing your typo That's the POINT of Cryptsy. No one would put up with how buggy it is if it wasn't the only place to trade dump shitcoins. |
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this threads looking like the hardcopy version of cryptsy chat  |
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The only real criteria that should be used is
" Can Cryptsy make a profit from it"
Cryptsy is a FOR PROFIT business...
They're not here for the better of mankind, making a stand against big banks or any of the other 50 altruistic bullshit reasons I have seen posted in this forum as the "idea" behind any given "coin x".
Profit, making money, getting rich...... <---- should be the only criteria
~BCX~
very short sighted business model. best idea for longterm viability is not to make such a joke out of cryptos by listing every scam/joke coin that comes along. |
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Curious to know RS's response to the OP.
I'd sooner bet on pirateat40 returning stolen funds. RS is a funny case. The only people who trust him are the ones who weren't around for all the shit he did, aka the 2013 crew.  Some people gotta learn the hard way I guess. Funny, looking at your profile... Date Registered: April 17, 2013, 01:34:16 PM Because having more than one account is an impossibility The only 2013 crew who are old school are the previous known scammers  |
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TLDR: Cryptsy is operated by trustworthy people, and is capable of growing and adapting. Considerably more risky than buying and holding BTC. Illiquid. Probability of high returns are dependent on BTC value AND U.S. law. Neither are stable.
Analysis: High risk of loss. Possibility for long term speculation. Invest gambling money only.
While this is true, Paul is a good trustworthy guy who knows business and covers his Ts and dots his Is, the fact remains that nearly every coin on Cryptsy was created with the specific purpose of fleecing someone out of a few bits of their change. Not terribly confidence instilling. Even the coins that weren't created with that idea in mind end up being used as such once they get listed. I'd wager IPO will likely go something like any other, up up, then down down, then stabilize somewhere around 25% of value, leaving plenty of room for people to bitch. Personally I see little to no future in most of the alt-coins on Cryptsy and as such I wouldn't invest USD even if it were easier than BTC. Next point would be regulation, once USD is involved, there'll be plenty--but that's for another thread. You can all take a look back at sports cards in the 90s to see where this ends. Once a few people were able to successfully bring a product out of the woodwork and sell it for a profit (FTC, CHN, ?) the multitiude of available choices that have arisen have simply saturated the market to the point of worthless. Remember stock piling John Smoltz and Ken Griffey Jr. Rookie Cards to put your kids through college? Agree somewhat. I do feel there is upto 20 decent alts on cryptsy, but many are lost amongst the crapcoins. I think if the shares get sold they'll increase in value, and despite being rather critical, I myself have bought a few (more out of curiousty then any investment). I do think cryptsy, although adding some value to alts, is currently doing all decent alts a huge dis-service by listing so many crapcoins. while the whole lets add any coins people want to trade policy works shortterm, well longterm it'll bit them. Also go USD and the regulators may have a field day on the number of scams played out via cryptsy. |
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The issue is we are still migrating services to the new datacenter its taking time and causing problems. We are working through them as we can.
@BitJohnA very reasonable explanation and again, I haven't had any problems with withdraws, refunds or trading at all.Since professionalism and courtesy prevent the guys over at Cryptsy to speak their minds openly, please, allow me to channel Cryptsy for a moment. ~BCX~ Hey Whiners, yeah I'm talking to you "Mr too stupid To release his transfer and then submit three tickets and create a thread Guy." Shut the fuck up you bunch of ungrateful children obliviously ignorant to the fact without Cryptsy you idiots wouldn't even have a market for 75% of your crybaby coins. You turds come in the chat, berate, complain, whine about things my dog could figure out after burning down a blunt. You offer nothing of value and think you are doing us favor by living your entire life in the chat box and gifting us the profit of your .0000035 LTC fees we collected form you last week. So from the bottom of our hearts over here at Cryptsy, FUCK OFF AN DIE if you can't deal with the petty inconveniences of upgrading your only market to peddle your shitcoins on. Please by all means take your asses over to mcxNOW, BTC-e or VirWox and see if you can get them to add your shitcoin of the day. Lastly, The polls we put up are just to fuck with you morons, we will add or delist any coin we feel like without your input? Why, because it's our fucking site that's why. Have a nice day" The people being patient are the ones that actually understand how a real business works and the people who arent understand how business' fail  |
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So Cryptsy will flush $1,000,000 down the toilet to sleep with the US government...
Specifically, they are now #1 on a list of FIAT exchanges to be shut down on some fine random day.
Point 1: False Point 2: True (well not no 1, but going Fiat and Crypto in the USA well you know the drill). |
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Distribution would probably be your only problem
lol and thats not becoming a problem with POW |
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What do you guys think?
By Big Vern's own write up the shares will give full return of investment within 1 year based on a wooping 20 fold increase in trading (so 20 years for full return based on the current real world trading figures). Now if there was such a masive 20 fold increase in trading then picking the right alt on their site would give a much much much greater return then the shares. (Granted thats in reality and doesnt include that average noob around here paying way too much for cryptsy shares after the 100 000 get sold). Also if that 20 fold increase in trading is a 20 fold increase in miners dumping scamcoins....well then we are all in trouble  |
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I'm gonna make another ridiculous prediction and say that in 2014, Bitcoin will reach parity [and surpass] the price of actual, real GOLD.
for the very first time I 100% agree with you Vlad2Vlad your predictions are ridiculous  |
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found someone.
Please, stop pm for the moment.
u can find 101 people here that can, fact in a few days u can be copy pasting new coins urself til ur hearts content |
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I can not give you exact numbers. Try to assess them taking into account some facts:
1] Nxt does not require to waste electricity (no centralization of mining power around pro-miners)
Nxt collected 1,500 USD worth bitcoins. I'll eat my hat if in half a year they won't be worth a couple of millions.
sorry I am missing something here so that 1500 USD worth of btc that people used to get NXT cost no electricity? |
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i love the smell of panic in the morning buy low sell high (notice low is half the equation) |
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Dont understand why you put Goldcoin GLD in THE PURGATORY when this coin is outperforming most alts. It has a very active dev team, a big and growing dedicated community. It should at least be in CANDIDATES list. I think its time to update your list.
+1 yeah to tell the truth as much as I've given microguy and the dev team plenty of stick, still gldcoin has proven itself, and has a strong enough community to be considered a candidate. |
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Cryptsyy.com, looks exactly like the real thing.
It's a Phisher
~BCX~
Added: also cryprtsy.com as pointed out by Chronikka
are any of these functioning better then the real cryptsy? |
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In addition, I happen to know 100% that various banking/financial institutions are looking to become involved in the altcoin sector for this very reason.
Well to be honest the banking institutions are interested in cryptos, but not to support our alts (them they want to destroy) but to start their own. |
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Game 1. First 50 Incakoin addy's posted receive 420 NKA
NUSHMYADbuJme1k4NrfDg8ucqZ9dd7rC7H thanks |
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logged out again and can't log back in |
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ive got 18+ more if anyone is interested
so u r giving them away? |
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