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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Exchange] Latest Cryptsy Additions, News and announcements
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on: August 27, 2013, 02:01:28 AM
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Its just, even if how unintentional, general public usually doesnt agree something they see 'unfair'. Thats why big corporates have board of directors etc, because usually one/few ppl might oversee something.
me and the other +500 guys who mined and are mining and trading this don't mind. he made it very VERY clear, the whole process was well executed and actually fun for once. i was tired of the ANNs anyway It quite obvious what's goin on here. But keep playing us for fools Not sure what your implying? He's trying to say he instamined it with his friends and Cryptsy chat. It's no different than missing the ANN thread while you're sleeping. They just happened to be looking at the chat while you were looking at the boards. I'm neutral either way on this coin, though, I just like the piggybank look. Seems fair enough to me. As a simple outside observer, however, I have a feeling there are going to be a lot of new release strategies soon that are going to push what you guys define as "fair." Personally, an ANN thread, a few minutes to smoke a cig to let people set up their configs, then start your own miners is my opinion on fair launching a coin. Shake's a straight dude though and is silently behind a lot more than you guys realize Well technically Cryptsy has 10k users so not really a small population. Additionally if folks don't like a coin they don't have to trade it...We add coins to provide a safe platform so as it was announced in chat and later on the forums doesn't make it an unfair release heck I mined pennies from the start I managed to get a whopping 10 cents. There are $6588.60 worth of pennies out there so 0.065886% mined so far?
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1168
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Exchange] Latest Cryptsy Additions, News and announcements
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on: August 27, 2013, 01:21:02 AM
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Its just, even if how unintentional, general public usually doesnt agree something they see 'unfair'. Thats why big corporates have board of directors etc, because usually one/few ppl might oversee something.
me and the other +500 guys who mined and are mining and trading this don't mind. he made it very VERY clear, the whole process was well executed and actually fun for once. i was tired of the ANNs anyway It quite obvious what's goin on here. But keep playing us for fools Not sure what your implying?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Exchange] Latest Cryptsy Additions, News and announcements
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on: August 26, 2013, 06:16:52 PM
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I was wondering how auto-sell feature works,
Consider that there are buy orders for coin x with 0.01, 0.001, 0.0001 and 0.00001 btc.
Then 4 new deposit with auto-sell enabled comes, first deposit will be sell with 0.01btc. Now the biggest buy order in list is 0.001,
what would cryptsy's auto-sell do now? is it going to sell second deposit for 0.001btc?
if its algorithm be like what i said, the market price would be dropped with large count of auto-sell deposits.
You are correct it would fill all the buy order in order and drop the price. I think the scenario is unlikely but definitely possible.
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