Post
Topic
Board Announcements (Altcoins)
Re: CoinMarket.io | New, self-moderated support and news thread.
by
Nxtblg
on 03/03/2014, 15:58:29 UTC
... was pretty astounded that they rendered their exchange irrelevant in so little time. Could have been a gold mine at the rate they were gaining volume. They flushed that down the toilet, you and 3 others might be the only one sending btc to trade there now.

^^This. They had a real franchise as the go-to second-tier exchange. More than a week ago, their order book for Reddcoin were so thick, it looked like something you'd see at Cryptsy.

Now, that franchise is gone. CryptoRush's Redd orderbook was miniscule before Coinmarket's fustercluck, but its thickened quite a bit over the last week. That's a real sign that people are giving up on Coinmarket. Unless they're really lucky, Coinmarket's team will have a damaged-goods exchange on their hands that'll either limp along or fade into the sunset.

They might have to sell it outright. So get your stink bids ready  Grin