Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] alcurEX Cryptocurrency Exchange
by
ocean
on 19/03/2014, 08:40:02 UTC
I highly disagree with AuroraCoin no matter how much volume it has, that is the biggest scam coin there is at the moment

You are right, we should not add Auroracoin since the volume might be artificial, volume might collapse soon. We need coins that has been there for a long time and continue to be traded by other people.

Bitcoin, Litecoin, Peercoin, Dogecoin, and Namecoin. These are the most trusted coin so far.
And miss out on the high volume? IE: Auroracoin, spaincoin, blackcoin all has volume above 100 btc on mintpal. They have even touched into the 1000`s. We make more money with more volume, thus we should be early on listing high-volume coins.  But, we should be quick to replace btc-markets that is dying with another cross, say ltc.

And auroracoin is a scam? I don`t know, but so what. We are here to make money, we need to offer the users what they want, and looking at volume and interest, people want auroracoin.

My biggest fear: end up like mcxnow; great exchange, but only if you trade maxcoins.

You are not following us; We want to stand out as the major player, not the average exchange where kids can trade their fun-money. The thing I bolded out - are you serious? As a professional that made me cringe :/  I believe you bought shares in the wrong company man.
Of course I`m serious, did you buy shares in this to make a difference in crypto? You didnt believe that this could be a good source of income? I see that I sounds like an idiot in the sentence above, but I`m trying to prove a point. In crypto, everything moves so fast, so don`t be to quick saying that a month or few weeks old coin isnt worthy enough, or a scam, without doing your research. Litecoin was new once, you know.

And I agree with some of the things you say, i don`t want this to turn out as cryptorush. But I also don`t want it to end up like mcxnow (unusable in terms of trading) . Do you get what I`m getting at? What I`m trying to say is: to attract new customers, we need the coins that are popular, aswell as the established coins. Or do we have something truly unique to offer right away, that people can`t live without? There is no plan for advertising as I can tell either, so you think people are just going to pop over by themself? Just look at coinex, hacked for a second time. People are very wary using new exchanges, and they should be.  

I bring up mintpal a lot, cause some of the stuff they are doing are great. I know a lot of people that have moved their entire business over to mintpal from cryptsy, because you can trade popular and innovative coins, they are fast, the charts are great and it is easy to use. They have indeed added to many "shit-coins" (not scams), but that is probably a result of the voting-process.

So, to conclude, and this is my opinion: what we need is a well-balanced mix of btc-e and mintpal, with features from bitfinex. We need to offer everything people need in one place, so they don`t have to withdraw their bitcoin from one exchange to short it on another, and then transfer to a third after a few days to buy the new exciting coin. Only then, will we be a major player.