Post
Topic
Board Announcements (Altcoins)
Re: Crypti | XCR | Ͼ | PoS algorithm | Ed25519 | 2nd Gen Source
by
MalReynolds
on 13/04/2015, 10:59:44 UTC
Have a quick look the exchange, why the price is crashing and there is almost no bug order?
Not crashing, just not enough buy interest. This may change after DAPPs.
As we've said from day one, we won't focus on the price or any of those external factors during development.

Take a look at the Notices box on the right side of the Poloniex XCR page:

https://poloniex.com/exchange#btc_xcr

"XCR Frozen at Dev request. - Posted by GeezUp at 2015-04-09 17:17:27"

CRYPTI DEVS HAVE DECLARED TO THE WORLD THAT XCR IS A FROZEN COIN.  AS FAR AS THE REST OF THE WORLD KNOWS, CRYPTI STILL REMAINS A FROZEN COIN.  

Think PR 101, guys.  If Crypti's still frozen, it's time for an official statement why.  If Crypti's not frozen anymore, somebody should ask GeezUp at Poloniex to share that info with their 68,000 traders.

There was pretty good momentum going at Polo with the 0.2.0 launch, with 15 BTC and rising on the buy side.  Momentum is a very precious resource, hard to obtain and hard to regain.  Killing trading momentum by freezing the coin, never saying why to anybody, and not officially discussing status or lifting the freeze after four days?  Maybe I'm wrong, I don't know all the facts here, but this kinda looks to me like either price suppression or an unnecessary shot in the foot....