Is cryptsy losing to coinedUP?

[Simpy12]

Hello,

I am interested in your opinion about what is happening to cryptsy lately. Cyptsy used to add new coins and in my opinion was leading altcoin exchange. In last weeks cryptsy added only known coins (which were already 'pumped') and very few really alternative ones. On the other hand coinedUP invested in new coins making more and more people to leave cryptsy in hope of profit from not yet known coins.
I heard that cryptsy is performing some upgrades to their page, but can it be really explanantion for stopping trusted users earning money on altcoins? Alterative coin's market is changing rapidly, most of us can not afford to wait weeks for them to fix their problems...

Being honest, I want to add that I wrote this in hope that someone from cryptsy team would read this and finally understand that it is unfair to punish users for cryptsy's problems.

Thanks in advance for answers and ideas

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[sitefive]

If coinedup were to redesign their site so it would look more trustable then sure,

[maardein]

And if coinedup did not log you out after ~5 min of inactivity, and if it wasn't as horribly slow as it is now.

[Simpy12]

I know Smiley but I prefer cryptsy working slow rather than not working at all, not adding new coins is no difference for me - ordinary person who wants to earn some $ thanks to new coins..

[Cloudpost]

My opinion is that coinedup has such tiny trade volumes that the price of many coins listed there is not real at all.

You can check few coins, spend 0.5-2 btc and you'll drive the price of the coin by many times

[Nullu]

Coinedup is a poor man's cryptsy, when it comes to Altcoins. It's a good site, don't get me wrong, but a lot of people hate seeing coins end up on coinedup first, as the low volume means coins get dumped really hard. It can kill a coin before it even has a chance to hit another exchange.

Until coinedup sorts up its speed issues, and attracts more buyers, it's far from being a competitor.

[Simpy12]

Coinedup is a poor man's cryptsy, when it comes to Altcoins. It's a good site, don't get me wrong, but a lot of people hate seeing coins end up on coinedup first, as the low volume means coins get dumped really hard. It can kill a coin before it even has a chance to hit another exchange.

Until coinedup sorts up its speed issues, and attracts more buyers, it's far from being a competitor.

That's why I made his post, maybe someone will finally take care of cryptsy users!

[hasar]

Withdraw coins from cryptsy for the first time. I withdraw netcoin. It took 3 minutes to receive to my wallet. Not quick as coinex but fine. Coinex takes 1 second.

I read that IFC withdrawals having problems on cryptsy.

[Simpy12]

Withdraw coins from cryptsy for the first time. I withdraw netcoin. It took 3 minutes to receive to my wallet. Not quick as coinex but fine. Coinex takes 1 second.

I read that IFC withdrawals having problems on cryptsy.

Maybe cryptsy is working better now, but it lacks new coins.

[matthona]

I think coinedup did a very smart thing by adding coins not on cryptsy, add that to the free trades, and I think coinedup is grabbing their fair share of users...... if they could only speed up the entire site, and a redesign before adding many more coins

[placebo]

Ofcourse not, cryptsy doesn't put all stupid coins on their market. Look at CAGE on coinedup, come guys, why is CAGE on coinedup? Nobody cares...

[Simpy12]

Ofcourse not, cryptsy doesn't put all stupid coins on their market. Look at CAGE on coinedup, come guys, why is CAGE on coinedup? Nobody cares...

Agree, but they also don't add valuable coins. For me it is very hard to say what currency is worthy and which is not, if you had asked somebody 2 years ago about bitcoin he would have told you that this is a scam not worth to look at.
It is better to add too many coins than to little. In the worst case the coin will die and will be removed.

[cryptohunter]

cryptsy doing the right thing. Why do you think BTCe don't add every shitclone.

Most of these new coins will die in a few weeks.

[DieJohnny]

cryptsy doing the right thing. Why do you think BTCe don't add every shitclone.

Most of these new coins will die in a few weeks.

cryptsy would be wise to find a happy medium. It is a website, there is no harm in having EVERY coin that has a dev team, heck you could provide an API that let you list a new coin.

To solve the problem of confusion and distraction that BTCe addresses is pretty easy and awesome.

For the PRIMARY crypto coin markets Crypts should have a front page. To trade on the front page you have to meet a certain volume, else you are relegated to the back page. I would even prefer three tiers, add a cellar for brand new coins that will almost certainly disappear off the face of the earth.

I want to make a site that has these features, would be AWESOME. Any Dev want to build it for me

[BrewCrewFan]

I like the new coins hitting coinedup first. At least then I know my coins will end up there.
With cryptsy its a crap shoot if your damn coins will show up. I recall a few days ago I was mining netcoins, had a feeling a pump was gonna happen looking at the charts. Sure enough, mined it all night, woke up and had some coin to trasfer and trade while the coin was starting to tick up.
What happens? Coins never show up. It took over 24 hours before they got into my account at cryptsy. Needles to say I lost out on ~.06 extra profit due to my coins ending up in never never land.
This is just not the first time this has happen to me with coins, it seems like just all of a sudden random coins take a shit. It almost makes me wonder if they hold the coins on you and trade them while its going up and make a nice profit off them and then return them to you after they are done. I know this is not likely, but makes you wonder.

Before people say fud, I call bullshit. I am not the only one this happens to over there.

Cryptsy also needs comp. As everything in any kind of capitalist market, competition is good. It drives companies to make sure they are the best. With cryptsy it would to make sure the shit works right, hell, even answer support tickets or whatever would be a good start. Right now, they dont see any need to improve and stuff like that because they know what are you going to do? Where are you going to go? Its just like dealing with the cable companies... just poor customer service.

[matriculator]

I'm pretty sure that exclusivity usually means quality. If Cryptsy added every new coin to pop out of coingen, I'm pretty sure that people who made coins would opt for an option where there's less competition.

[BrewCrewFan]

I'm pretty sure that exclusivity usually means quality. If Cryptsy added every new coin to pop out of coingen, I'm pretty sure that people who made coins would opt for an option where there's less competition.

That not entirly true. They add coins even if its only a few days old. What cryptsy is after is money. I almost wonder if you have to bribe in order to get listed there. I am not saying list ever coin, but there are some coins you wonder why they are not listed, or why they get listed in a day or 2 , ect ect.

[BitcoinEXpress]

Hello,

I am interested in your opinion about what is happening to cryptsy lately.

No, you are not.

You interested in spamming fud.


~BCX~

[Simpy12]

I'm pretty sure that exclusivity usually means quality. If Cryptsy added every new coin to pop out of coingen, I'm pretty sure that people who made coins would opt for an option where there's less competition.

That not entirly true. They add coins even if its only a few days old. What cryptsy is after is money. I almost wonder if you have to bribe in order to get listed there. I am not saying list ever coin, but there are some coins you wonder why they are not listed, or why they get listed in a day or 2 , ect ect.

I don't know if it is true, hope not. But it does not matter for users, what matters is that cryptsy is not adding coins :/

You interested in spamming fud.

Tell me why? Why should I be interested in 'spamming fud' as you call it? I explained why I made this post in orginal post:

Being honest, I want to add that I wrote this in hope that someone from cryptsy team would read this and finally understand that it is unfair to punish users for cryptsy's problems.

This thread was made to tell people what is happeining and if I am wrong I want to understand what I said is untrue - this can be only achieved by exchanging opinions.

[placebo]

Ofcourse not, cryptsy doesn't put all stupid coins on their market. Look at CAGE on coinedup, come guys, why is CAGE on coinedup? Nobody cares...

Agree, but they also don't add valuable coins. For me it is very hard to say what currency is worthy and which is not, if you had asked somebody 2 years ago about bitcoin he would have told you that this is a scam not worth to look at.
It is better to add too many coins than to little. In the worst case the coin will die and will be removed.

Very good point!