Quote from: sakkosekk on March 19, 2014, 09:56:51 AM

Quote from: ocean on March 19, 2014, 08:40:02 AM

Of course I`m serious, did you buy shares in this to make a difference in crypto? You didnt believe that this could be a good source of income? I see that I sounds like an idiot in the sentence above, but I`m trying to prove a point. In crypto, everything moves so fast, so don`t be to quick saying that a month or few weeks old coin isnt worthy enough, or a scam, without doing your research. Litecoin was new once, you know.

And I agree with some of the things you say, i don`t want this to turn out as cryptorush. But I also don`t want it to end up like mcxnow (unusable in terms of trading) . Do you get what I`m getting at? What I`m trying to say is: to attract new customers, we need the coins that are popular, aswell as the established coins. Or do we have something truly unique to offer right away, that people can`t live without? There is no plan for advertising as I can tell either, so you think people are just going to pop over by themself? Just look at coinex, hacked for a second time. People are very wary using new exchanges, and they should be.

I bring up mintpal a lot, cause some of the stuff they are doing are great. I know a lot of people that have moved their entire business over to mintpal from cryptsy, because you can trade popular and innovative coins, they are fast, the charts are great and it is easy to use. They have indeed added to many "shit-coins" (not scams), but that is probably a result of the voting-process.

So, to conclude, and this is my opinion: what we need is a well-balanced mix of btc-e and mintpal, with features from bitfinex. We need to offer everything people need in one place, so they don`t have to withdraw their bitcoin from one exchange to short it on another, and then transfer to a third after a few days to buy the new exciting coin. Only then, will we be a major player.

I bought shares in this company because their statement stood out form the rest of the crowd. It stands out from your approach as well. No one is making a difference in crypto by adding potential shit coins, that would be doing the same thing as all the others.. Don't expect different results from repetitive behaviour, it is impossible.

I am thinking in the long run, you in the short run, and you ask me to not be quick? Huh

I am not following you Tongue

I'll do my research and you do yours. You will eventually find out who has pumped the coins you are promoting. Think ethics and imagine Alcurex in five years; Can a major player survive that long if they actively aid in pump and dumps? Could NASDAQ (or any other exchange) survive if they knowingly and willingly aided in pumping and duping values? Once this market is regulated un-serious players will die over night. Be a visionary.

Besides, as a next gen. exchange I don't see much room for more scrypt coins. ASICs are up, new algos are emerging, the future is here

But what and who determines what a "shitcoin" is? The market. The market tells me that they don`t think i.e. blackcoin is a shitcoin, based on volume, marketcap and general interest. Which coins will still be alive in 2 weeks, 6 months or 1 year from now, no-one can foresee. The market will decide, not the exchange. Or should we decide for the market? Saying that only low volatility and stable coins is worth listing on our exchange? Saying that on our exchange, we doesnt believe in coin x,y,z, because we think they will be gone in a while, or we will see a large priceincrease, then it will get a dump and die? What coins will maintain it`s price and current volume in 3 months? If you have this ability though, I`m jealous of you.

I`m not going to go into this to deep, but look at two coins everyone believed in: worldcoin and fastcoin. What happened there? Are they shitcoins? Who could have seen that coming? At the time, should the exchanges not list the coins "just in case"?

And i disagree with you, an exchange can not possible "aid in pump and dumps", they only make it available for trade on the market. Whether or not some players decide to pump and/or dump it, you cannot blame the exchanges. The manipulation is another part of course, falsifying information like telling the world that mcdonalds has an agreement with takcoin, to get a price-increase will be dealt with when regulation is in place (if/when that happens). A control-organ would investigate the price-increase or decrease, but a lot of the times it`s just normal activity. Especially in stocks with low liquidity.

You make the parallells to nasdaq as an example, are you telling me "pumps and dumps" are not occuring in the stockmarket? There is high and low volatility in different stocks, and price-increase and -decrease.

This is getting out of hand, even though I love discussing the topic.

But, lastly, a conclution on my part: Alcurex can not be an exchange sitting on it`s high horse and try to dictate what coins are good or not. That`s not being visionary, that`s being naive. We need to follow the markets and the trends, to even get it started with a customerbase and retain it. From the IPO: "
The exchange features a variety of different currencies to choose from and will keep forever growing as new promising cryptocurrencies are released. The exchange will still maintain a set of established cryptocurrencies."

ocean

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