Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Growth Strategy
by
jollyriffic
on 02/05/2014, 07:41:13 UTC
vote uvc on cryptsy.com pls....

voted on Cryptsy .

Cryptsy isn't the best exchange in the world, but it sure is popular. Just voted for UVC to be added.

Cryptsy is where coins go to die.  You want this on mintpal.



yeah cryptsy and https://poloniex.com i've seen many good coins hit their exchange and plummit.
i tweeted to university to just shoot straight for mintpal but they said they wanted smaller exchanges first.
really bad idea imo. you want an exchange where theres a lot of people with buying power.

the reason is miners want to make money on their coins, however those sites just don't have the buying power so those that mine end up listing it lower and lower to at least get something in return. the end result is murdering your own coin.
If i were to make a coin, i'd shoot only for mintpal right off the bat. no need to be on a bunch of exchanges when you can shoot for one and be done with it.

I strongly disagree with your point, look at WC going to mintpal first, giving up all the buy power to multipool miners is never a good idea, you want people mining this coin and hold it. If the price goes up too fast then quick buck miners and multipools are going to rape it and dump it.

most of those copy and paste color coins haven't done well because they are just another IPO coin that the devs usually just take money, fluff, then run off. i personally haven't followed WC but many of the others i've seen do the same thing..
What sets this apart is the Dev is actually around each day, responds well to trolls, didn't start this with an IPO, and is promoting the coin as if he actually cares. you cant really say that about the majority of the coins listed on this site.