Cryptsy could have prevented the Colossuscoin sell-off......

[Crestington]

A few days ago Cryptsy posted a message on the Colossuscoin markets stating that "This market is under consideration for deactivation due to volume". Cryptsy holds approximately 40% or more of all Colossuscoin on their exchange so as a direct result of their notice, price has dropped more than 50%

I am active on the forums daily and have Bit John on Skype as well as several other members of the Development Team. Cryptsy had the means and opportunity to inform us prior to the message they put up but failed to do so. I even sent Bit John a message 2 days before the notice was put up to tell him that we have a team that can fix the wallet issues and will take under a week once funding is complete. Had we been informed of the notice we could have simply released all of our progress thus far and begun our fundraising campaign, this is the third time in 3 months that investors have suffered due to the direct actions of Cryptsy and the most severe.

[1714066292]

1714066292

[1714066292]

1714066292

[BitOnyx]

Another bad exchange

[iampingu]

Anyone who says hehe after all of his sentences is out of touch with conversations nowadays anyway.

Though I don't mind cryptsy itself.

[kalus]

tbh it's not on coinwarz so this is the first collossuscoin thread i've clicked on.  even catcoin's on coinwarz. what is a collosuscoin?

[jparsley]

Why deactivate when they have 40% of all the coins

[Nullu]

Why deactivate when they have 40% of all the coins

Low trade volume I expect. This coin has had problems for a long time now, and despite the repeated insistence that these problems are going to be fixed, they haven't been.

I hold a few million, but the only reason I haven't sold them is because they're worthless anyway. I've given up on Col. Maybe the problems will get fixed, but if it's getting taken down off Cryptsy, it's looking grim.

[tokyoghetto]

i hold 99 COL and I can't sell because the minimum is 500 lol. I hope COL dies a horrible death.

IFC was the original, ADT copied IFC and then COL came to copy ADT. So now IFC is trading at a nice price, ADT is in the gutter and COL is getting delisted. Everything is working out as it should.

[murraypaul]

A few days ago Cryptsy posted a message on the Colossuscoin markets stating that "This market is under consideration for deactivation due to volume". Cryptsy holds approximately 40% or more of all Colossuscoin on their exchange so as a direct result of their notice, price has dropped more than 50%
[...]
I am active on the forums daily and have Bit John on Skype as well as several other members of the Development Team. Cryptsy had the means and opportunity to inform us prior to the message they put up but failed to do so.

So, to play devil's advocate, they should have given you private notice of information sure to cause a significant change in the value of the coin?
Which would allow you to unload coins at the higher price.
That would be insider dealing in any regulated environment.

[dengnizaidongji]

   the development of coin is not depend on the exchange marketing of cryptsy. if col is taken off  from cryptsy,and it can not resist the development of col.  because there will be another big market such as  cryptsy born.

   the innovation and development  of col can not be resisted! the new website will come,the new wallet will come!
it will be changed day by day!

[anonuser777]

A few days ago Cryptsy posted a message on the Colossuscoin markets stating that "This market is under consideration for deactivation due to volume". Cryptsy holds approximately 40% or more of all Colossuscoin on their exchange so as a direct result of their notice, price has dropped more than 50%
[...]
I am active on the forums daily and have Bit John on Skype as well as several other members of the Development Team. Cryptsy had the means and opportunity to inform us prior to the message they put up but failed to do so.

So, to play devil's advocate, they should have given you private notice of information sure to cause a significant change in the value of the coin?
Which would allow you to unload coins at the higher price.
That would be insider dealing in any regulated environment.

+1

[dengnizaidongji]

Colossuscoin will feature two pages in the book called Cryptocurrency "The Alt-ernative"

https://bitcointalk.org/index.php?topic=483187.new#new


Please donate to the below Colossuscoin wallet address in order to help fund this project:

25a7oTVPPcxYk9PhCVkocs6suw6wf5S7JN

[Hippie Tech]

With so little demand, what did you expect ?

They're just trying to dump the billions in PoS generated COL before it drops back down to 0.00000001.