As many of you have noticed, Cryptsy has joined the ranks of other exchanges and now allows paid voting to determine which coins will be added to their site.

EBT is taking a stand against this ridiculous form of bribery and has made a formal request to be removed from the Cryptsy voting page and we encourage others to do the same.

We have made the decision based on our personal ethics and what we think is healthy for the coin and the altcoin community.  We believe there should be specific, publicized criteria in order to have a coin listed, it should not simply be a decision based on who can spend the most BTC or spam the forums asking for votes.  Coins should be added to exchanges based on the same community demand and hard work the coins prior have shown in order to EARN a spot on a major market.  We would hope that the other devs that feel this way will also take a stand to stop the manipulation of pump and dump coins.

If you'd like to show your support and encourage Cryptsy, mintpal and other exchanges to abandon paid voting please show your support below, contact site support teams, or give a RT: https://twitter.com/EBTcoin/status/442024032284573696

Update:  As of 3/8 there is no longer a BTC address to buy votes on Cryptsy!!!  (I am still trying to get mintpal to acknowledge my request)
Update:  As of 3/10 there is no longer a BTC address to buy votes on MintPal!!!  

I support your decision!

Totally agree.  I'm in favor of a voting system, just not paid voting.

Come on man
This is the unique opportunity to be add to cryptsy
Just pay 

This Top list is free too... LOL here is The EBT vote Button



 

+1 a great quote that kinda sums up the entire ordeal for me is:
History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.
B. R. Ambedkar

I think this is the community's opportunity to be the force that compels them to divest personal interest and put the community and the health of the market first.

the exchanges are want to more money, money, money.....

Paid voting is nothing more than a greedy site owner looking for bribes.  I've pulled close to 20 BTC out of the altcoin market from exchange sites which participate in paid voting.  There are plenty of online and brick and mortar merchants which accept BTC for payment so exchanges aren't even needed.

This is just disgusting.

I'm a little shocked that Cryptsy pulled this.  Time to withdraw my balances and cut them out.

Any business that promotes bribery looses all my respect.

Classic case of a greedy programmer, not someone with good business sense.  There are so many ways to increase profits and ROI, but openly resorting to taking bribes from the community through paid voting is not one I can support.

 

I agree 100%.. Insane