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Author Topic: [Official] Cryptsy Delisting Poll  (Read 5122 times)
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Wolf0
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October 27, 2013, 03:34:23 AM
 #61


if 99.99% of people are only here to make money doesn't that just make it a pyramid scheme ?


Ding Ding Ding we have a winner....



                                                    Miners by year

                                                           2009
                                                   2010 2010 2010
                                            2011 2011 2011 2011 2011
                                       2012 2012 2012 2012 2012 2012 2012
                                2013 2013 2013 2013 2013 2013 2013 2013 2013
                      every body else that has a gpu card and a wet dream including you




~BCX~




That's not what a pyramid scheme is at all. That is just what advertising does

It's almost exactly what a pyramid scheme is. The early birds get rich, and the later ones get fucked.

It's almost the exact opposite, actually. Otherwise you would basically be calling every stock that went from a penny to a dollar a pyramid scheme, which they quite obviously are not

It all has to do with how the wealth is created for the early investors. With a stock, you're buying a portion of a company, and if that company does well, you make money, because you are entitled to a piece of the earnings. With Bitcoin, you're buying basically nothing, and selling it later for a higher price to others. The others that you sold it to usually sell it to other people for more, until the whole thing collapses. It's not exactly a pyramid scheme, but it is quite similar.

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October 27, 2013, 03:56:21 AM
 #62

 Maybe going forward, starting from right here and now many of these idea's and suggestions posted would be wise for new arrivals.

 But what about those that are already listed, and have already been traded?

 Those traders that hold those crypto-currencies will be left in the cold, as will those currencies likely gravely hammered.

 Doesn't seem fitting, nor like smart business either.

 I joined and put my trust and faith in Cryptsy for exactly the very reason that their willing to list the widest selection of coins while doing their level best to comply with a regulations and rules in the land their in, the same land I am in. (the USA).

 Suddenly doing an about face with their existing business model would have me running for cover and not able to trust them very much anymore.

 Picking and choosing what to list is one thing, but de-listing should be left to the marketplace itself. In other words let their values fall to almost zero, at a predetermined price, much like stock exchanges have in place, before being de-listed, for ones that were fortunate enough to get listed in the first place.

 Sure we all know here that their are many 'crap-coins' and such. And going forward yes Crypsy may want to establish more firm rules for getting listed in the first place. Seems like a great idea, Going Forward. But not retro-actively for existing listings that likely should be merely Grandfathered in place and let the real Free Market deal with them as it cares to do so with set. to be determined minimum price levels before their able to be de-listed from future trading.
 


 Some suddenly are here asking our Exchange to in essence regulate and restrict the marketplace somewhat arbitrarily. Maybe they have great intentions but it's a very slippery slope!



Caveat emptor - let the buyer beware!
 
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October 27, 2013, 06:25:00 AM
 #63

Maybe going forward, starting from right here and now many of these idea's and suggestions posted would be wise for new arrivals.

 But what about those that are already listed, and have already been traded?

 Those traders that hold those crypto-currencies will be left in the cold, as will those currencies likely gravely hammered.

 Doesn't seem fitting, nor like smart business either.

 I joined and put my trust and faith in Cryptsy for exactly the very reason that their willing to list the widest selection of coins while doing their level best to comply with a regulations and rules in the land their in, the same land I am in. (the USA).

 Suddenly doing an about face with their existing business model would have me running for cover and not able to trust them very much anymore.

 Picking and choosing what to list is one thing, but de-listing should be left to the marketplace itself. In other words let their values fall to almost zero, at a predetermined price, much like stock exchanges have in place, before being de-listed, for ones that were fortunate enough to get listed in the first place.

 Sure we all know here that their are many 'crap-coins' and such. And going forward yes Crypsy may want to establish more firm rules for getting listed in the first place. Seems like a great idea, Going Forward. But not retro-actively for existing listings that likely should be merely Grandfathered in place and let the real Free Market deal with them as it cares to do so with set. to be determined minimum price levels before their able to be de-listed from future trading.
 


 Some suddenly are here asking our Exchange to in essence regulate and restrict the marketplace somewhat arbitrarily. Maybe they have great intentions but it's a very slippery slope!



Caveat emptor - let the buyer beware!
 

I can't help but point out that they do regulate and restrict the marketplace.. If they didn't they would add every coin...

And if they added every coin they would oversaturate the marketplace...

The question then, is by which criteria do they decide to list a coin, because if they do it arbitrarily, they would end up listing cryptocurrencies with little value as currencies, and having no commericial value, those currencies would fail and then be worthless, and require a delisting process.

Perhaps, instead of bringing out new "currencies", developers should take an existing currency with no development, such as royalcoin buy it up, mine it and develop it...
.

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October 27, 2013, 11:01:53 AM
 #64

The crazy has come to bitcointalk

oh by the way i would appreciate it if you could keep your unprofessional "business man" Trolling confined to Cryptsy chat..
I would expect better from a guy who runs around bragging to be a certified Mensa genius lol

This spots character is a lyer and a thief and a scammer and worst of a Troll and usually has nothing to contribute but snotty comments
AND THAT is why some of you out there are on my shit list.. you guys know better ..you watch him pull stunt after stunt yet still work with him ?
gimme a break.. suffer the consequences.

I sneeze at Cryptsy and they dive on me this guy pull stunts non stop and they play dumb about it all..

And yea i can and have proven my statements far too many times.. so much i have been banned for proving it many times
because they quote / unquote don't want to here it.. so take your pick guys ..you can't have it both ways.

Last thing this guy did was steal coins and offer them to BigVern basically..
I watched him offer to help r3wt get a super block to revive his coin NAN and when Spots got the block he said,
I got the block but it turned out to be an orphan and i don't know who got it..
About 24 hrs later i watched Spots in front of us all on Cryptsy chat offer the super block he was supposedly trying to get as a favor to r3wt to BigVern
and he said word for word that he got it and that he was holding it for only BigVern and that he does not trust r3wt with it and won't give it to anyone else..
And later i told r3wt and he made excuses for Spots ..wow some people like getting stabbed in the back lol

So yeah that is what i call theft and to go along wit this "business mans" Trolling lies and threats i would call that stealing etc
This "business man" has called me a fag in front of mods endlessly while they pretend they didn't see it and if i respond they ban me..
Even after i have posted such things as the 3/4 pm's this Mensa genius" has sent me swearing at me and thretening me with a lawsuits.
combined with threats that he was rich and knew who i was and could "come get me"..
So uhhh your gonna beat me up and sue me ?

Who is the crazy one ? hhhhhhhhhhmmmmmm ?

Spots you need to learn to shut your mouth

FUD first & ask questions later™
erk
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October 27, 2013, 12:28:09 PM
 #65

Just goes to show you how many junk coins are out there nowadays, which only makes support work for the exchanges with little return.

If I was Cryptsy I would look at the last months volume of each coin, set a minimum BTC volume they should have achived, and suspend any that didn't make that minimum.

I figure a month is long enough to see if a coin is still alive.

You don't need a poll, you could auto script it.
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October 27, 2013, 12:34:33 PM
 #66



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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October 27, 2013, 12:37:16 PM
 #67

this threads looking like the hardcopy version of cryptsy chat  Roll Eyes
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October 27, 2013, 03:00:20 PM
 #68


 I joined and put my trust and faith in Cryptsy for exactly the very reason that their willing to list the widest selection of coins while doing their level best to comply with a regulations and rules in the land their in, the same land I am in. (the USA).

 Suddenly doing an about face with their existing business model would have me running for cover and not able to trust them very much anymore.



Amen and +1 to that statement.

Maybe use the BTC/LTC/XPM markets more, move coins from market X to market Y depending on Z factor/factors.
No point in having coins listed on 2 or 3 markets..
Remove some of the really dead ones and move in a bunch of new ones.


Want to trade Altcoins? Come give https://cryptsy.com a try.
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October 27, 2013, 04:19:55 PM
 #69


if 99.99% of people are only here to make money doesn't that just make it a pyramid scheme ?


Ding Ding Ding we have a winner....



                                                    Miners by year

                                                           2009
                                                   2010 2010 2010
                                            2011 2011 2011 2011 2011
                                       2012 2012 2012 2012 2012 2012 2012
                                2013 2013 2013 2013 2013 2013 2013 2013 2013
                      every body else that has a gpu card and a wet dream including you




~BCX~




Dam I love it , but I like pyramids generally. 

Good post .

tiny rick !
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- Twitter @Kolin_Quark
digitalindustry
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October 27, 2013, 04:29:32 PM
 #70

Just goes to show you how many junk coins are out there nowadays, which only makes support work for the exchanges with little return.

If I was Cryptsy I would look at the last months volume of each coin, set a minimum BTC volume they should have achived, and suspend any that didn't make that minimum.

I figure a month is long enough to see if a coin is still alive.

You don't need a poll, you could auto script it.

This not a bad idea .

tiny rick !
- https://voat.co/v/Contact/
- Twitter @Kolin_Quark
Wolf0
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October 27, 2013, 04:45:36 PM
 #71



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.

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October 27, 2013, 09:25:45 PM
 #72



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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October 28, 2013, 05:09:14 PM
 #73



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.

Thanks, Kelsey, that was a typo.  Smiley

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October 29, 2013, 12:05:40 AM
 #74

 Only Prudent Regulations are sensible. Not self serving ones.



Caveat emptor - let the buyer beware!
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October 29, 2013, 12:37:38 AM
 #75

  A Trading Exchange such as Cryptsy evolving into a Selective Exchange at the request of a minority screams in the face of it's very business model to date.

 Of course it's entirely up to Cryptsy. And I for one have put my faith and trust in only them as my own Trading Exchange (so far) for the very business model they selected from the outset. But I wont be supporting Trading Exchanges that don't follow a Open & Fair Free Market Agenda. A REAL one. Not a controlled marketplace where winners are selected and chosen, others singled out for what amounts to termination without just cause, especially by a small minority, unless it happens to follow a well defined set of prudent Rules & Regulations.

 Rules, Regulations, Stipulations are all fine. Set them up. Have a guide to follow. Put them in writing. Cryptsy can make judgement calls if needed.

 But de-listing any currency unless truly required by Cryptsy's own Rules, Regulations, Stipulations is merely a self serving witch hunt no matter what the best of intentions may have been.

 No, I don't support the majority of crypto-currencies at Cryptsy. Not hardly. But I do only support Free Market Capitalism. Real Free Markets, and their Businesses.

 Some here don't seem to support anything but their own interests.

 Cryptsy asking all of us here what to list and de-list is also very likely not extremely wise. There are far too many self-serving interests here.

 Maybe merely asking what kind of rules, regulations and stipulations here would be far wiser.


 Please, consider working on PRUDENT regulations and rules. Not overburdening, or overbearing ones. List idea's here, or start a new tread. Make it so we can reasonably trim the fat, so to speak, ever so slowly. So that those that are stuck with dying currencies at least have a time limit to either get out of them, or hold them as they choose to.

 What does concern me, and hopefully a lot of others is having a  broad crypto-currency Exchange that allows us all to trade any and all viable crypto-currencies that each have any real market value. Higher demand, or lower demand doesn't matter. It's market value per unit is the key to look to for this. Below a preset threshold value it should maybe be up for being de-listed. but only after it fails to rise back up over that level after a certain amount of time has gone by. Say 30, 60, or 90 days. This is basically what the stock market exchanges do in case anyone is wondering.

 But if it's not worth Cryptsy's efforts to extend their business to the lowest demand types that would also be fine too. It's their business after all.  But seeing as how the costs of services are close to zero when on top of all their other offerings it seems wiser to choose to take whatever meager profits there are from those trades too, which would directly add to any net profits, over and above all other net profits. End result is pure gravy on top per say. Not much maybe, but all gravy.



Caveat emptor - let the buyer beware!
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