Crypsty and other exchanges need to get more responsible or alts are screwed.

[cryptohunter]

Crypty seems to be lowering it's standards out of greed only.

What happened to huge premined coins needing full ledger and wallet addresses so the ledger can be verified???

EAC - seems legit, but so did the original pheonix coin. That was a huge scam after all.

ALTS can be seen as serious fraud really. Pheonix certainly was.


The premine coins that net the dev's millions of Potential dollars for doing a few hours work need some serious safeguards in place.


Seriously cryptsy and these other forums do need to have some guidelines before coins are allowed to be put on their exchanges.  This is very dangerous for alt coins and could be their downfall if they are seen as vehicles for fraud.

Coins need a set in stone ledger, and wallet ids handed over to the public so you can see what transactions are taking place.

The latest wave of shitcoin are attempting up to 20 % premines.....with a few vague promises....yeah we'll give it away in a few years. The noobs here are paying BTC out into these scams with hopes of riches that will never be realised.