I am taking a poll to decide the fate of the Cryptsy Prime Controller. Why a poll? Because though a few outspoken forum members wish us to destroy it we would like to be sure that the majority feel this should be the fate.
Some members felt that we should also de-list the coin due to Mr Garza's involvement. At this point it is my opinion that the only people affected by such a move would be the current stakeholders who would lose a large amount of value in their holdings. So at this time a de-listing is unlikely.
To reiterate the only dealings Cryptsy has had with Mr Garza was as a customer. There was no formal relationship. I can assure you all legal steps taken in regard to that situation have been taken. Most of you realize we cannot release more information than that for legal reasons.
We will leave the poll up for a week or two. Thanks for your participation.
Click Here to vote
Some members felt that we should also de-list the coin due to Mr Garza's involvement. At this point it is my opinion that the only people affected by such a move would be the current stakeholders who would lose a large amount of value in their holdings. So at this time a de-listing is unlikely.
To reiterate the only dealings Cryptsy has had with Mr Garza was as a customer. There was no formal relationship. I can assure you all legal steps taken in regard to that situation have been taken. Most of you realize we cannot release more information than that for legal reasons.
We will leave the poll up for a week or two. Thanks for your participation.
Click Here to vote
Thanks for posting the Pool. You are correct, Delisting will only hurt only those who are already hurting and stilol have some hope on XPY getting somewhere. On top of that, those who want the coin delisted could care less for XPY holders. They have no stake in it. Its like voting for another countries government. They should have no say in what does not affect them.
They will say,its a scam, I hate GAW, Josh is the devil, etc etc. They need to understand that even if it was a coin originated via a scam. (I honestly think it was not a scam, I believe it was delivered by a dreamer without the means or the ability to execute.) It is already a crypto currency in the wild that although low still has a value.
My humble opinion. I will now logout of BCT, I do not enjoy bad language
I believe that delisting of a coin should be based on its demand as with any other coin. Not because of obvious hate campaigns.
While keeping it listed gives a false sense of legitimacy to it in my opinion and leaves the door open for more people to fall into the same trap that you're currently in. I understand however that the only way in which you and the other bag holders can 'recover' from your bad investment is by other people making terrible investments and suffering heavy losses by buying this coin. I personally don't think it is ethical to make even more people suffer and damage a scene just because you made some bad investment decisions but I guess that's more a case of morals. I mean if I make a bad trade I don't go crying to my forex/stock broker for special treatment, that's just not the way the real world works. My risk management strategies should have killed my involvement long before pain (as they did when I traded XPY) and if I didn't have any then I shouldn't be trading anyway. If Crypsty is willing to hold all your hands and throw their reputation away in the process then that's their choice but don't expect the rest of the scene to look kindly on it and not shun you for it.
People make bad trades and lose money, learn from it and move on like every other trader in the world has to. Let your profitable trades run and cut your losses early, don't cling onto a sinking ship hoping for a miracle because that's how you lose everything.