Damn I wish people would use
AllCrypt more, it's so much nicer to trade on than Bittrex. For all it's fanciness the UI on Bittrex is really slow and clunky, and it sucks not being able to set priority orders.
AllCrypt has barely any volume though, there are very few buy orders compared to Bittrex.
I know, that's what I'm saying, it deserves to have more volume. I would much rather use it than Bittrex.
AllCrypt has more coins than a Roman Fountain. Thats the problem. Too many different coins. Also, they dont have the auto-sell auto-buy feature ala Cryptsy.
I use Allcrypt, but dont like it.
So having TOO many coins is a problem HOW?
If you don't want to trade a coin, you just don't trade a coin. There's no requirement.
Too many on the screen and on the menus? Use the 'hide inactive coins' feature. Still seeing crap you don't want to see? Hide all but the ones you want to.
Autosell? We HAVE autosell.
It's amazing, I'd say about 90% of the features people email us asking for, or complain on forums we don't have (without ever contacting us to ask for it) we actually DO have. The features aren't hidden either. And if you can't find something you think SHOULD be there - we have a FAQ that actually has all that information in it.
As to keb's comment about the priority orders - about time someone noticed how powerful that is. What? You don't know what that is?
Long version:
https://allcrypt.zendesk.com/hc/en-us/articles/201039940-What-is-a-Priority-Order-Short version: JPC is trading at a high volume - and you want to buy before the price goes up (or sell before the price goes down), but want to do it now, not after the 3.7 BTC in trades stacked up on it go through. Use a priority order. You cut in front of the line. Your trade happens BEFORE the others do. Sure, you could just list at a lower price to 'go first' but then how much BTC are you losing? Or maybe it's sitting at a 33 sat buy and a 34 sat sell. Sure, 1 satoshi isnt the end of the world, but if you're selling off a 21 million JPC jackpot you just got, thats .21 BTC, about $100.
Anyway, we HAVE the features that most people want and other sites dont have. Just no one stays around long enough to USE them.
Weeks ago we had a few 50+ BTC volume days with JPC. We can obviously handle the volume.
Then it dropped to nothing. Because bittrex listed it. NOT because bittrex is BETTER, but because, bittrex listed it.
Over 70 million JPC was withdrawn from AllCrypt last night when the price at bittrex started going up.
AllCrypt has no volume because you guys use the other sites, usually for a reason no better than "its better", and if asked why, there's no real answer.
We're faster, we have more features, we have more OPTIONS, we pay attention to user needs, we are active in the coin's forums, we have support that responds (although sometimes rudely if it's me at the keyboard and the requestor is a moron
quickly, we have more security features than any other site (that, I might add, a shockingly few number of you actually use) - yet - we're losing to bittrex
Why? Because our site is ugly? I don't buy that. Craigslist is the most bare bones website out there and is THE #1 classifieds site on the net.
We're losing because bittrex and mintpal are bittrex and mintpal. They got there first. Not because they are better.
Our new coin shorting, margin trading, and liquidity investment (with hourly interest payments), as well as a de-uglification of the site is, hopefully, rolling out soon. A wallet server memory failure set us back a week cleaning up the mess.
Not that I think offering features that kick the shit out of every other exchange out there will matter. So far, it hasn't seemed to.
This isn't a whine or a rant - it's more of me trying to figure out just why the heck the better, more involved, more responsive site is losing to the guys who could care less.
Mintpal? Really? I saw earlier in the thread (I read this daily) that the donation wallet was up to 9 BTC. NINE BITCOIN. Over FIVE THOUSAND DOLLARS. Just to LIST JPC.
We listed JPC FIRST. And didn't ask for a penny.
But, just keep paying Mintpal. Do you really think those votes arent played with? Do you honesty think that Mintpal doesnt see BTC donations come in, and oh no... you just missed it... keep voting, keep donating, maybe next time...
When THEY control when a coin is added, but then say "Pay us money, and more money, and more money" to get it on... and still it waits... Do you HONESTLY think that's NOT fishy? You're paying for votes because they are making more money on votes than they are on JPC volume. If JPC traded at 100 BTC a day on there, it'd take them 45 days of solid 100 BTC a day volume to equal the 9 BTC you guys have paid them. They are making more money off you guys WANTING to get it listed than they would if they DID list it. Your BTC donations are INCENTIVE to NOT list the coin. I'd never list the coin either - until it became more profitable TO list it.
Nevermind the BTC fight between JPC and ZEIT fighting for that top spot. Ka-ching!
Hmm. List JPC and stop the money train... or let them keep paying. For nothing. Paying for the chance to do, on mintpal, what you're already doing on bittrex, or could be doing on AllCrypt, and WERE DOING, WEEKS AGO, for free.
That seems ok?
But, when JPC finally gets on there, the rest of the JPC on deposit at AllCrypt will be withdrawn to be moved to MintPal, because, hey, it has higher volume.
Except if you CHOSE to trade on AllCrypt, we WOULD have the volume.
Other than 'the site is ugly' and 'low volume' I havent heard a single good reason why bittrex and mintpal are better. We have low volume because ya'll decided to make sure we have low volume.
Don't go bitching about something you guys did
I cant make anyone trade on AllCrypt.
Sorry for that wall of text. The site, and cryptocurrency, is something I am personally deeply passionate about. I didn't build AllCrypt.com to make money. I built it because the other sites sucked hard in one way or another (or 10), and I knew I could do it better.
We have the speed, features, security and responsiveness that I believe rivals all the other sites.
We're just missing you guys. Question is - how to convince ya'll of that.
Ed
AllCrypt.com Admin
