Cryptsy

[Alpha]

Cryptsy and the slow ass site is getting on my nerves.  Lag Lag Lag.  Orders not showing up.  Canceled orders not getting credited back to balances.  The GLD/BTC market was completely froze and I had orders lost into crapsy space.  So I decided to log off and log back on hoping that would trigger my coins to show up.  Well after attempting to log in I get   Error: Session Error Code 7 Detected.  I did a quick search and others are having the same problems.  Crapsy is really starting to suck.

Vent over   

[AZIZ1977]

Cryptsy and Coinex are not working normal today.

[Alpha]

Today? It has been one issue after another since the switch to the new site. And that has been over 2 weeks ago. And the old site had lag issues. But dont worry Vern has added 'additional secondary (ltc) markets'.  I'm so glad he is getting the important things done first. 

[chokri]

i think bots are hurting them, they take a lot of bandwidth with the micro transactions spam .. and of course the wave of new people coming on board..
basically these exchanges are hosted on private servers, not ready to work with that many people. However, i prefer it stays like that "exchanges owned by individuals" instead of heavy regulated big exchanges with huge infrastructure.

i hope to have as many exchanges as possible.

[mrtsufo]

Big exchanges and some regulation may not be a negative thing.  Look at it this way:  If there is some form of regulation that allows for funds to sink monies into these coins, that equals more inflows.  Imagine an ETF for these coins or a mutual fund being able to take some ownership?  That would be serious inflows.  Won't happen without some sort of standard out there for these coins.  As bitcoin grows, if it grows, you will see all of these entities wanting to get a piece of the pie.  This could include exchanges similar to NASDAQ who may want to diversify, but that would require more stability or regulation.  I think any and all opportunity is good opportunity.  Also, buy and hold will help make this coin go up.  Moreso than mine and hold.  Mining simply increases the float, but still not a bad thing.    Cryptsy needs seed funding similar to coinbase.  They need to grow infrastructure big time.  I would be surprised if we do not hear that happen soon if they are smart. 

[Alpha]

Big exchanges and some regulation may not be a negative thing.  Look at it this way:  If there is some form of regulation that allows for funds to sink monies into these coins, that equals more inflows.  Imagine an ETF for these coins or a mutual fund being able to take some ownership?  That would be serious inflows.  Won't happen without some sort of standard out there for these coins.  As bitcoin grows, if it grows, you will see all of these entities wanting to get a piece of the pie.  This could include exchanges similar to NASDAQ who may want to diversify, but that would require more stability or regulation.  I think any and all opportunity is good opportunity.  Also, buy and hold will help make this coin go up.  Moreso than mine and hold.  Mining simply increases the float, but still not a bad thing.    Cryptsy needs seed funding similar to coinbase.  They need to grow infrastructure big time.  I would be surprised if we do not hear that happen soon if they are smart.

Agree, and I also brought this point up 10 days ago here: https://www.gldtalk.org/index.php?topic=1701.msg8139#msg8139 .  The reply also reiterates how crappy Cryptsy has been.  The sell orders have been super thin lately.  With just a little more buy support we would easily be sitting at #15 on coinmarketcap.  Hopefully the next marketing push gets the buy side built up.

[mrtsufo]

I was in high frequency automated stock trading for a decade starting in 2000 to 2010.  Crypty now reminds of the young ECNs back then (Archipelago, INET (Now NASDAQ), Instanet, Redi and many more.  They all had the same issues.  The world was turning to onlne trading, automated computerized trading and the infrastructure could not keep up.  Investment, funding , mergers all came into play to save the day.  The alt-coin market, as well as bitcoin remind me today of the internet in 1995. 

Coins will need a standard to go by.  This will bring in confidence from the investment community.  I look at sad cases like Diamond crypto currency (DMD).  It forked hard and was left for dead a few weeks ago.  Website died.  People begged on the forums for a fix and someone jumped in and revived it.  Stopped trading on cryptsy until the fix and everything. It's that kind of stuff that takes away confidence from investors.  It places alt coins as if they are otcbb stocks where there is no regulation and no confidence.  If we are to grow, there needs to be a standard that is required before a coin can be launched or listed, period.    Just my opinion.   

[Alpha]

They just need to pause trading until they get their end figured out.  I had coins not show up after a trade again so I used their new audit feature.  Well, instead of updating my balance it reversed the trade.  That can't happen.  I'm done until the site gets updated.

[Armis]

They just need to pause trading until they get their end figured out.  I had coins not show up after a trade again so I used their new audit feature.  Well, instead of updating my balance it reversed the trade.  That can't happen.  I'm done until the site gets updated.

that's one of the indications that you are in a boom bubble ... too much traffic for the infrastructure

you've got to bounce around from place to place in order to maximize energy, resources, and opportunities