Quote from: spectrem1 on October 09, 2015, 02:21:30 PM

Quote from: rdyoung on October 08, 2015, 10:20:23 PM

Quote from: barabbas on October 08, 2015, 06:15:01 PM

This is obviously near-abandoned, flying on autopilot and with no ideas whatsoever at the helm. Hence the lack of interest and dismal, amazingly so, price behavior.

So much potential. So pathetically lacking execution...

I wouldn't be so worried about the pricing for POT at the moment. The drop is likely thanks to people closing out their cryptsy accounts and selling off what coins they have, POT being one of them. The orderbook for POT on cryptsy has thinned out tremendously over the past few days, it now sits at 5btc total for sales, that is a fraction of what it was just a couple of weeks ago. I would also suggest that anyone interested look at the book totals for Bittrex and Poloniex and compare them to Cryptsy, its clear that people are either pulling POT off the market or selling off to cashout btc.

If anyone is wondering why people are cashing out of cryptsy, read this.
http://coinfire.io/2015/10/04/federal-investigations-of-cryptsy-underway/

The other side from Cryptsy -M
http://blog.cryptsy.com/post/130547612142/re-coinfire

We have seen this before. Please don't think that cryptsy or its people are innocent just because they fired back at coinfire. Remember when coinfire went after gaw?
As I have posted elsewhere on this, this incident will be very interesting to see play out. The CFTC has confirmed that they oversee crypto. Because of this, IMO, the exchanges are not MSBs but instead are commodity brokers. I doubt that cryptsy will be shutdown because of this, but its clear that they have been lying about being registered as MSBs in all required states, simply adding your name to the MSB list on FINCENs website doesn't absolve you of the MSB regs for the states that have it, despite crypto not having a solid definition and regulatory framework to guide it.