Quote from: Nicho on February 22, 2014, 03:11:39 PM

Quote from: Elendariel on February 22, 2014, 02:58:30 PM

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What makes you think incryptex will effect the price so much exactly?

Well, if the coin gets an exchange with usd/eac option, of course it will increase the price. Furthermore, there is a burning desire for a (truly)fast, reliable and professional looking exchange which i dont think has been made yet (Excluding btce, would say gox too but you all know how that turned out Cheesy

).

Gox was always a poorly designed exchange but like bitcoin, it was the first so reaps the rewards, i doubt it will die as much as everyone wants it too.

As for incryptex, they haven't even mentioned doing USD purchases so far that i've seen anyway, that would mean they have to be a proper company and register with FinCen or they'll have the same problems as Gox does with withdrawing funds. Why do you think Crypsy doesn't do USD stuff yet? I'm sure they are having problems with FinCen as well, and I believe the guy who runs Cryptsy has a legal background too. The people running incryptex are going to have to put a pretty decent investment down for the hardware or renting for that site because they've picked some high volume coins to trade on launch, pretty much the worst ones, all the popular ones. Doge coin alone will stress that exchange on its own. Remember the lag on exchanges like Cryptsy when Doge hits peak volume?

They have mentioned earlier the usd option for eac, but i am merely speculating wether it will actually happen (hence the "if"). Yes, they will have to invest in the site properly to make it work, but if they do it will be huge! I think cryptsy is busy with the coins they have and wouldn't be able to focus on an usd option with the coding problems they already have.