okay, so i've successfully transferred one litecoin into cryptsy. i want to try my hand with playing pump coins. i realize that most of them will probably fail. i'm riding waves and i have a strategy in mind. the problem is that i don't understand the process of selling on cryptsy. i setup a sell order for my single litecoin to buy a fraction of bitcoin. but the order just sits there and it's not going through. on btc-e the transactions are instantaneous. what am i missing? what do i need to do to make a buy or sell order go through to completion? thanks guys!
If you set a sell order at/below the highest bid, it will go through. Crypsty's engine is quite slow right now, but it runs no differently than BTC-E. It also has much less liquidity.