I hate to say it, but I think Poloniex is doing almost as much harm as it is good.
I know it's not their fault they're having problems, but it rocks market confidence and the low volume is just crippling PMC from reaching those high prices.
Just look how active this coin is. It's insane that we're not on a bigger exchange. The fact that we're going so strong without one just shows how incredible the potential of this coin is.
I see big things coming for PMC.
I think poloniex is doing the best they can do and I applaud them for it... do not hate them..
But yes... we need crazy volume.... mcxNOW style volume ( although realsolid would probably hate us )
cryptsy it is I guess...
Well..
Cryptsy is a double-edged sword. It can make or break an altcoin. I would rather see slow steady increases in price with increasing volume than a sudden surge that causes wild swings. PMC will come out of it just fine, but you know how people panic when prices swing. I agree though that being listed on Cryptsy would give Premine the crypto seal of approval. As much as people hate on that exchange, you know a coin has made it when it's listed there.
That's the point - with Cryptsy's trading volume, we'd be less exposed to those wild market swings, and it would definitely help in eliminating the buy/sell spread we have now. I think that would at the very least let us see the real, non-manipulated price of PMC...
mcxNOW... they might have a bit of a volume, but as for the trustworthiness... I'd say we're better on Cryptsy or Coinedup.
Yea I'm pulling everything from poloniex, it is down again. I know they just did a database upgrade, but it is down once again after the fact. Looks like I'll start watching cryptorush until we hit a larger more stable exchange.