nobody has mentioned the big advertising for partnership with mintsy that ended up down the toilet. I've heard people in trollbox a while ago bitching about it. It was big for cryptsy and advertised on their site but there is basically no remaining info showing that partnership.
I think mintsy was a project by some Australian (makes me ashamed someone from my country is so half assed) that was full of promise that basically showed no real end result... honestly many have showed that cloud mining can't be profitable long term or sustained but this aussie guy obviously thought different.
Nobody remembers the mintsy thing? I think cryptsy should be careful on their partnerships... you can't pump something then wipe it and tell people to contact them. It impacts on your professionalism if you can't select partners that are a sure thing. If you can't you are exposing your customer base to poor investment choices which reflects on you.
I kind of just assumed it was cryptsy trying their hand at a cloud mining scam.
No it was a different group. I'm sure that group approached cryptsy see here
http://www.coindesk.com/digitalbtc-launches-mining-contracts-platform-digitalx-mintsy/. Paul Vernon invested $250,000 of money into Australian based mintsy last September. Zhenya Tsvetnenko is the ceo of digital x the Australian business that does mintsy.
Basically mintsy did cloud mining... approached cryptsy with a business proposal.... paul invested 250k in it.... partnership completed..... mintsy turns to shit..... cryptsy chat box says email mintsy support...... mintsy references removed completely from cryptsy.
Where is digital X now? They realised that cloud mining sucks balls profit wise so have turned to
https://digitalx.com/ digital payment solutions.
If you read news articles he craps on about not wanting to make money but to change the world blah blah same old Garza shit. I hate pompous business people. Everyone in business is in it to make money. If Zhenya Tsvetnenko didn't give a shit about money only to change the world then he'd funnel funds from his $2.5 million a month company to get cloud mining legit and profitable. Instead when he realises its not profitable he runs to the next best thing. Lies lies and more lies. Google Zhenya Tsvetnenko and read up on him for more mintsy info.
What I don't understand is why do we need an intermediate payment solution for mobile? Isn't that what a fucking mobile wallet does? So you pay a fee when you can skip that and use a qr code to send coin? Ok so they do some fiat conversion o fuck me... surely there is a open source bot that can convert your coin to fiat on a chosen exchange. I don't understand how these mobile payment start ups become so rich.