was something like this already suggested?
only include cryptocurrencies which are traded at least on "xx" number of long standing exchanges.
(and not if its only traded on 1-2 new shady "exchanges" with low volume which are created/selected solely for the purpose of market manipulation)
This. !
Nxt is launching decentralized exchange for converting BTC/fiat into NXT and back (or BTC to fiat and back). Having
"xx" number of long standing exchanges doesn't make much sense anymore, unless u r going to stuck in Middle Ages, guys.
This does not answer these questions --
How do you prove the authenticity of this site?
It maybe that the NXT author just inflated the prices (cause he's also owning the website) and took BTC for a crypto which has no value.
Well I'm not the author of NXT nor American.
I'm the founder of DGEX and nextcoin.org, and this thread concerns DGEX the exchange, not the viabilitiy of NXT itself.
Regardless, I don't see suggested scam anywhere. I only see pouring out negativity arising from hesitation / envy / lack of courage or resources.
This does not answer my question.
If you're not the founder of NXT, then you may be holding a large stake in it (maybe you were given a lot of NXT just for the job and to keep quiet), and by creating these websites you're 'pumping' it'.
Now cause the coin is gaining on popularity (cause of false inflated prices as shown in the websites made by NXT holders), it may be listed in more popular exchanges and have a good price..
More suspicious is the fact that you made a separate exchange instead of requesting the existing ones to add the coins possibly cause they refused to artificially inflate the prices (or duping investors).
These sound like harsh questions, but these are real serious questions which need to be answered in order to prove the coin is not a scam. After I'm satisfied, I may invest.
From
https://bitcointalk.org/index.php?topic=189919.280I'm sorry, but to prove the authenticity of the new crypto, you have to answer these questions.
As of the website -- coinmarketcap.com should show true market capital, not fakes from any website. Please take popular exchanges into account only.
Otherwise the authenticity of your site will be questioned.