Quote from: cryptohunter on December 07, 2013, 06:08:53 PM

Quote from: LiteMine on December 07, 2013, 05:36:50 PM

Quote from: hypostatization on December 07, 2013, 05:06:17 PM

Quote from: LiteMine on December 07, 2013, 05:01:10 PM

Yeah I'm sure it had nothing to do with RS selling millions in fee shares just weeks before shutting down.

Cryptsy may have serious problems, but spinning this to make RS look like a saint is fucking hilarious.

I think you are missing some details. RS has not taken off. If he was fleeing with the funds, it would have happened by now. He is actively working on the next version of his site.

Also never said RS was a Saint. I agree that would be hilarious, just like anyone saying Cryptsy has integrity today.

Ok, I get it. Cryptsy had to fall pretty far to make MCXnow look good. Jesus, crypto is messed up. Where are the professionals here? If Cryptsy was a bigger company, heads would have rolled by now. ~~But we need to hope they get their shit together or where will we trade our "lesser" coins?~~ We need to start forum trading more like the old days, build a rep, use escrow...profit? I know it's a scammer's haven, but people need to use the tools available.

Unfortunately, I'm mostly staying on the sidelines until this is fixed. And I love how Vern tweets about fixing the chatbox, like that matters.

We need rather a company with LARGE pockets to create an exchange that can handle 100,000's of active traders that can scale to millions at a reasonable rate. Will this happen? i hope so. The potential revenue for them would be huge. I think cryptsy will come through this, but there will be a next time and and next time this happens. Who knows if it is the cost of keeping servers redundant or if the site simply does not scale easily. If they cut api off, banned bots and terminated idle sessions after a short period perhaps they can get back to normal sooner.

Even better than the above, multiple exchanges like cryptsy. If nobody else can step up then why can they not clone it to another domain and run another exchange, maybe it is just too much for one db and is complex for loadbalancing or virtualisation to handle all those coins and all of those transactions? The task they are facing must be huge i mean really huge. The db queries must be mad.

I wish Scottrade would get into this...I would not even mind paying $8.00/trade if I felt sure the site wasn't going to give a Bad Gateway error every time I tried to make a trade