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Question: What do you think will happen when Cryptsy opens the USD markets?
All Alt-Coins jump up in value tremendously - 33 (21.3%)
Only worthy/innovative Alt-Coins rise substantially - 31 (20%)
Slight rise, but not much difference overall - 44 (28.4%)
Market crashes due to mass cashouts - 47 (30.3%)
Total Voters: 155

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Author Topic: [POLL] What happens when Cryptsy opens the USD markets?  (Read 2780 times)
Scooby903 (OP)
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January 15, 2014, 10:35:51 PM
 #1

Of course we'd all love to see the prices increase across the board, but what is your opinion on this?  I believe only coins with a strong community and that are innovative will truly succeed once this happens.  I expect to see rises across the board, but only a relative handful of coins making significant jumps.  I'm no economist though, so I thought I'd see how the community felt...
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January 15, 2014, 10:37:07 PM
 #2

i expect to see btc, ltc, and doge usd markets


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Coinyay
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January 15, 2014, 10:37:22 PM
 #3

Probably won't see much change IMO
Sampey
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January 15, 2014, 10:40:05 PM
 #4

I will add at least 0.2 To My Bot Price.  Wink
Scooby903 (OP)
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January 15, 2014, 10:59:14 PM
 #5

I will add at least 0.2 To My Bot Price.  Wink

Will probably be warranted   Cheesy
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January 15, 2014, 11:02:58 PM
 #6

Why isn't there an option for "All hell breaks loose when the Securities and Exchange Commission comes down like a hammer".
iampingu
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January 15, 2014, 11:04:56 PM
 #7

I will add at least 0.2 To My Bot Price.  Wink

Will probably be warranted   Cheesy

the real scooby?
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January 15, 2014, 11:05:53 PM
 #8

I'd try to get more flat of mine in the exchange. Hard as hell to move USD from the US.
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January 15, 2014, 11:08:01 PM
 #9

Shouldn't BTC be affected as well and included in the poll?

Because if this might indeed happen some people will trade xyz for usd instead of btc.
Of course the volume is small compared to other exchangers but in theory should have some kind of impact.

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January 15, 2014, 11:12:53 PM
 #10

I'd try to get more flat of mine in the exchange. Hard as hell to move USD from the US.

It's very simple, actually. Takes about 5 clicks to get USD into BTC

iampingu
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January 15, 2014, 11:19:04 PM
 #11

I'd try to get more flat of mine in the exchange. Hard as hell to move USD from the US.

It's very simple, actually. Takes about 5 clicks to get USD into BTC
I think you're my forum member of the day. Been seeing some of your comments and they're immensely amusing.
tk808
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January 15, 2014, 11:25:51 PM
 #12

Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.
Scooby903 (OP)
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January 15, 2014, 11:47:34 PM
 #13

Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.

Yes, and I think that some altcoins will thrive while others simply meander on at a slight rise
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January 15, 2014, 11:51:30 PM
 #14

Most of you are forgetting 1 major aspect, people have to already own BTC or another alt-coin before entering cryptsy trades.

USD trades will remove that extra step and let the buyers buy alt currencies immediately.

So , wouldn't btc be the biggest loser on this?
Because there will be less demand for btc when customers can buy their coins directly with usd.

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January 15, 2014, 11:53:22 PM
 #15

they will get shut down, servers will be seized, and you'll lose all your coin...

AML laws and MSB rules will be the end of cryptsy!

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January 15, 2014, 11:55:24 PM
 #16

The SEC cometh and the SEC taketh away.  Tongue
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January 15, 2014, 11:55:25 PM
 #17

Of course we'd all love to see the prices increase across the board, but what is your opinion on this?  I believe only coins with a strong community and that are innovative will truly succeed once this happens.  I expect to see rises across the board, but only a relative handful of coins making significant jumps.  I'm no economist though, so I thought I'd see how the community felt...

Cryptsy is not going to open any USD market.

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January 15, 2014, 11:55:43 PM
 #18

Slight rise.
BrewCrewFan
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January 15, 2014, 11:57:06 PM
 #19

I expect major issues like a few weeks ago. People will be please when its actual money disappearing.

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January 16, 2014, 12:16:06 AM
 #20

JimmyBuffet Coin
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