Quote from: allcrypt on June 15, 2014, 08:08:10 PM

I've said it before and I'll say it again. An exchange is a place to trade a coin. 99.5% of all trades (in my experience) are simple limit orders. That means the overwhelming majority of people make the most simple of all trades.

All exchanges support that type of trade.

So - at the end of the day - since all exchanges support the type of trade that (hyperbole-ly speaking) "everyone" uses - there is functionally no difference in what exchange your coin is traded on.

For a few days, JPC was 50+ BTC daily volume on allcrypt. Today, it's at 32 on bittrex. Allcrypt obviously cod handle the volume.

So, other than exposure, why does JPC need to be on mintp? A site that functionally offers nothing more than other exchanges do for the vast majority of all traders.

Yes, it has higher volume. Allcrypt had that higher volume until people decided to move to bittrex - why? Because it's "better"? Why? Not volume - allcrypt HAD the volume until the JPC traders decided to do business elsewhere.

My point is twofold.

First - an exchange is what YOU make of it. Allcrypt's volume is low because people left for the "better" exchange at first chance. Allcrypt has the biZare problem of "we are small, because we are small". Bittrex is bigger, solely because they are bigger. Which is a psychological thing. It's like shopping at Walmart, even though the customer service is horrific and you wait in line for 40 minutes because 27 unused registers sit dark, to save about 5% over what you'd pay at Target, getting a sometimes inferior product, and wasting a huge amount of time in line.

Second - a question. WHY is Allcrypt small? Why, although we have the speed, and features, and customer service that rivals the other guys - why are we the "stepping stone" before a coin gets on a "real" exchange? That's an honest question, because we've had meetings about it and cannot for the life of us figure it out. We are the ONLY exchange active in the community forums of the coins we support, we are faster, we are more innovative, we are more responsive - yet - we cannot seem to come close to getting the volume the big guys have. We HAD it with JPC - until bittrex added it and boom - mass exodus. You guys - the JPC community - killed the volume on allcrypt.

I understand the UI isn't the best. A major overhaul is coming. Maybe that's it. Maybe the site just isn't pretty enough. I don't know. None of us understand how we are functionally better in almost every aspect, yet still lose out to the "big guys".

I guess it's like BETA vs VHS. Betamax was the better format. VHS won.

Just trying to understand the mentality behind it. That's all.

I personally started allcrypt because I wanted a better exchange. I wanted a site with the features everyone wanted. I thought we delivered. Yet - we are still treading water.

We are welcome to hear any and all feedback. You can submit a support ticket on the site or send an email to contact # allcrypt , c0m (trying to keep the spambots from grabbing that)

Thanks

That's a great question allcrypt, and I understand the frustration of it all when the mob does not follow logic, but each other, round and round.

When I do my next big trade, it will be at your exchange.

The only thing I can think of in answer to your question is what you already alluded to: pretty site. Sad as that is.. it's true and I think you nailed it.

Dudes go all gaga-altruistic over a hot chick, measurably dropping IQ, and the same can be said for a pretty site, functionality be damned.

JPC might get a boost from the exposure of hanging out with hot chicks, but it would do much better if it had a job.

We *need* more ways to showcase this coin, get it used for not only gambling, but payments at more mundane sites, so it doesn't end up yet another scummy P&D. Speed is our killer feature, and the fastest way to get that used IMHO is an android app that allows home gamers to gamble/play (poker, monopoly etc). After that, a retailer who could use high speed, like a hot dog stand, or live internet events that can use payments to gather data real-time.

The jackpot feature will fade, rendering the name of this coin a little off, at which point we'll either ghost or have a large/secure enough network to push the speed and, hopefully by then, market depth. I really think adding an anonymizer would give this coin a huge boost, but I've tried every way to reach dev without success, and nobody here seems keen. Maybe you could think of something for that allcrypt?

I can't make the app idea happen, nor can I build a good casino site -- I can only nag here and hope that someone with the skill to make it happen and the insight to see past the 'pumping value / expanding the exchange base' is listening.

Sorry allcrypt, slight tangent there, but I'm sure you get it more than most.

M31

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