Its bad for a coin to be listed on an exchange before it has enough difficulty that the gangbang pools cannot make much if any dent in their difficulty.
That is because it is the price in the exchanges that attracts the gangbangers in the first place.
There is much much better profit made mining or buying coins that are NOT listed on exchanges then there is in bothering with the crapcoins whose main purpose in life is to get on an exchange so they can dump. So really the longer your coin manages to NOT get onto an exchange the better, unless your goal is simply to dump it as fast as possible and move on to something else.
Also, just because hundreds or thousands of scammers demand a place to dump their useless shit doesn't make the place they dump it a good place to buy good things.
-MarkM-
I am not saying close the exchange, I am just saying if you want to be ripped off or to rip people off go to the scammy exchange that have all the latst rippoffs of the day, if not then patronise exchanges that try harder to pick only coins that might actually be worthwhile.
If you insist on buying from sleazy fences in back alleys its silly to complain about what you end up buying.
Shop at a butcher's you're likely to end up with meat, shop at a jewelry store you're likely to end up with jewelry. Shop at scam of the day shop and you're likely to end up with scam of the day. So pick what specialty you want and shop at a place that specialises in it.
A bunch of exchanges clearly specialise in scams such as pre-mines, instamines, cut-and-paste jobs etc. Don't shop there if that isn't what you want to buy.
-MarkM-
Agreed. Cryptsy is a dumping ground for miners and scamcoin devs. Somewhere to sell off their unwanted useless coins, count their winnings, and repeat.
Its like a Second Hand/Thrift store, mostly full of rubbish which nobody wants, but a big attraction to naive customers who think they are picking up a bargain.
It is up to the buyer to do their homework, to read up and understand what they are putting their money into. As there are sometimes jewels hidden among the rabble. Does it have a future? Does it have a purpose? Does it have a use? Is it nothing more than an imitation of something with real value? Is it actively being promoted, developed, and accepted as payment by a growing number of services.
Anyone can walk into one of these stores and have the owner/maker tell you what is the best thing for you to buy, and watch you go ahead and buy it. It doesn't mean its the best thing for you. More than likely the most profitable thing for him to sell, and probably something that is hard to pass on to the next fool without a loss.
Do your research before buying any coin, off any exchange. Know where it came from, know where it's at, and be
more than sure to know where its heading.
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one more second I would of got mine today 
enjoy
