Post
Topic
Board Service Announcements (Altcoins)
Re: [ANN] alcurEX Cryptocurrency Exchange
by
ocean
on 19/03/2014, 14:23:50 UTC
@ocean

1+

I know what you mean.

But if we are "adaptable" as you said, in few month we are cryptorush 2! Look at the market last few month. Mostly every shitcoins marketcap was disproportional high.

Should we really list about 200 coins respectively change the number every month?

Have a look at spaincoin for example. 0 - 100 in 2!! days. And 100 - 0  by next week (if you ask me).


Edit:

How we can verify a stakeholder? I mean everyone can post his fav. coins right now.
Yeah, that`s the thing, we can`t go ahead and add every coin like cryptorush. But, we could monitor the market and look for increasing volume from the smaller exchanges. When spaincoin (as example) started to get more than 10 btc in volume from an exchange like poloniex, we should prepare and put the coin up to a vote. The shareholders then need to do their research, and decide wether or not they see it as exciting. I don`t know how many shareholders we are or the weight of each, but if the distribution is large enough, it should reflect the general view of a coin. To spaincoins defence, it still maintains high volume, more than 90 btc the last 24 hours.

This is a way we can filter the coins through exchanges like c-cex, poloniex, coins-e, coinedup, coinex etc.

And, as a criticism of other exchanges: the dead markets should be removed much faster. CTM/BTC on mintpal is a good example, with tradingvolume less than 0.2 btc the last 24 hours. Give something like a 2 weeks notice, and delist it, or change it to a ctm/mrc or ctm/ltc-cross. CTM took me 5 minutes to figure out was a lost cause, before mintpal added it.