Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TIX] Lottery Tickets | Now on Bter - BTC/LTC | First on Cryptsy XPM Market
by
SpeedDemon13
on 01/10/2013, 21:51:11 UTC
I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins

If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption.

I'm sure there's an angle. Cryptsy isn't a charity (nor should they be) -- they have to pay the bills and still turn a profit on top of it to keep things running. I'm just assuming there is a method to their "madness."

the angle is you will have to do 2x exchange to get your money in or out of TIX. A lot of hassle too, you are forced into buying xpm with your LTC at a price you don't really want for a start. I want to buy direct with LTC.

Might be another angle as well. I guess just be happy they even listed it for now -- if it gets volume, I'm sure they'll listen. Obviously they didn't do it this way to win any popularity contests.

All this equal to capitalism....

I agree. TIX should also be on LTC market at Cryptsy. There isn't enough XPM there to support all 3 of those coins

If Cryptsy reason is to use a coin with less market value then LTC, then why not at least FTC. FTC would at least cover the value and supply then XPM. Sounds like XPM is just being pumped to increase value, but that is just my assumption.

I'm sure there's an angle. Cryptsy isn't a charity (nor should they be) -- they have to pay the bills and still turn a profit on top of it to keep things running. I'm just assuming there is a method to their "madness."

the angle is you will have to do 2x exchange to get your money in or out of TIX. A lot of hassle too, you are forced into buying xpm with your LTC at a price you don't really want for a start. I want to buy direct with LTC.

Might be another angle as well. I guess just be happy they even listed it for now -- if it gets volume, I'm sure they'll listen. Obviously they didn't do it this way to win any popularity contests.

xpm does not deserve to have it's own market right now, maybe later. A sinking coin like that can not have a market since many people do NOT hold this coin. BTC/LTC are the big coins that people hold. Why the hell should we have to jump through hoops like this to get some new coins - totally annoying. For now i am using Bter for it anyway, but annoyed since now have to pull my loaded ltc back out of cryptsy.  Cryptsy makes very strange decisions....how the hell does a coin like orbit even get on any exchange it's hash is like 5mhs and that's the devs hash, it has never gone much above that and never will since people were rightly disgusted with the premine size.

You would think that the next coin to get it's own market would be FTC after BTC and LTC....Some kind of profit logic is behind it for making XPM a market....