Quote from: suchPotato on October 27, 2014, 11:35:42 AM

Quote from: halinyo on October 27, 2014, 10:39:34 AM

Quote from: yoyoamigo on October 27, 2014, 09:42:10 AM

I have been following Digibyte for a long time now, started mining and then started buying. they are serious about this crypto business.

On a side note, there's way too many alt coins. according to coinmarketcap.com, there's like 500++! I seriously think we need to start blacklisting some of them if some of those coins are already obsolete or are really out to scam people. Once we have that, the confidence of those alt coins in the whitelist will get boosted, which may in turn boost their price value, or at the very least, remained in tact.

Does Cryptsy do any Integrity Check on any of these alt coins before deciding to add them? It would be good to only add those who are seriously into the crypto business. They will need some guidelines or standards to follow by. such as properly contacting with the alt-coin devs to discuss and ensure that its all real before adding them. stuff like that.

But of course, if any serious alt coins intend to take advantage of this crypto situation as part of their strategy, by all means. But in time to come, we will eventually need to separate the real ones from the fake.

Continue whatever you are doing Digibyte TEAM! Keep things real and keep in touch with the community! Grin

The thing you are telling here can be Easily achieved with regulation. Only serious coins have to register officially and they will need to get into business after at least 1 year beta phase or trial time. And there will be steps to take during this 1 year for those serious coins to prove, like registration fee, official company registration, declaring belongings, etc. Those coins left with premine would not register after the trial phase... Etc...

I am personally not against regulation as long as it is fair to everyone.
And i think regulation is gonna happen sometime sooner or altcoin will die right away.

To be honest, speedy transactions are not necessary while shopping. Therefore lots of attributes of those coins, who advocates they are "unique" is not necessarily unique and may even be worthless. These attributes of bitcoin, named as drawbacks, can easily be eliminated with a few software controls and tricks. It is not a problem. Hence, I believe either bitcoin and litecoin will be the only coins or regulation will come in place for all those coins in existence.

I think the opposite: this chaotic situation is pretty good, the pump and dumps only have the effect of immunizing the crypto communiy from price manipulation in the end the crypto community will progress however it finds a way, without big artificial swings.

Besides insignificant coins die on their own, let them be.

Regulation will definitley come at some point, but it'll probably be a mess and nobody will follow it, to the detriment of all, it's nothing to look forward to (policymakers, time after time, have proven to be unable to understand how these things work, and intend to keep ignoring simple math, but math > any regulation).

I respect.

We agree to disagree on how crypto should be. However, seems like we agree on the inevitability of regulation coming. Cheers.