Quote from: kelsey on December 02, 2014, 02:47:06 AM

Quote from: iGotSpots on December 02, 2014, 12:58:55 AM

Quote from: SpeedDemon13 on December 02, 2014, 12:46:36 AM

Quote from: dynamite on December 01, 2014, 09:55:17 PM

Quote from: Phosphorous on December 01, 2014, 09:49:46 PM

So when our coin sits at Bittrex, is Bittrex collecting a stake on those coins?

Probably. Bittrex is known for doing anything to make a buck. They even go as far as getting insider information from devs and running bots on their own site to accumulate cheap coins.

Wouldn't put that as a possible procedure at some exchanges, but there's no evidence that Bittrex is or isn't doing that. There needs to be regulations on some things in cryptos. Imagine if the stock market didn't have some form of regulations, the elite would certainly price fix and manipulate the market to there favor completely.

I've spoke with Richie before about just ripping all the staking code out; I believe that is what they do

While badgering Cryptsy to add us, I learned for sure that they do actually stake coins that have over a 24 hour maturity, which puts us right on the cutoff. That's part of the reason I was pretty mad at Cryptsy last week and stopped trying to get us added there. Imagine the largest wallet staking nonstop in a system designed to get around fees. Easily transferred in-system to not pay any fees on a totally staking node. It would be catastrophic to our inflation control system for both BALLS and MMXIV for us to be added and have that happen

So when some of you think we may be lazy not getting added to new exchanges, there are actual, concrete reasons we are doing what we are doing

I've heard directly from both Big V and BitJohn saying they don't stake POS coins due to them chewing up system resources. Though I do know back in the day Big V gave away pennies to us in chat that had been staked by cryptsy.

There's more and more competition to be an exchange. I'm hoping that we soon start getting way better services from exchanges. Point of sale systems, online checkout api, ATM resale options, staked coins, premium block explorer, mining pools, cloud wallets, registered proof of dev.

Cryptsy and bittrex should realize the potential that they have. They could end up being bigger than the NASDAQ in 5 years.

Right now coins are begging to get on exchanges. It should be the other way around. Exchanges should be begging coins to list on their exchange.

dynamite

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