Did the LTC work for you?

Honestly, I'm glad to see you guys making this move. I don't have good expectations for where Cryptsy is going to go and I don't want to see you get burned by them.

Is there a list of the five exchanges you now use? You guys got Cryptopia added at some point, right?

Well, that one got confirmed.

I expect BTC transaction fees will be rising across the board and the mining markets will simply need to adjust. Smaller miners may want to consider looking for payouts in coins they believe in for the long-term which have tiny transaction fees.

Evidently you missed my point entirely which was based on maximizing profits on small cap coins. In your example, as well as mine, if you had spread your coins out over a wider price range the buyer would still have gotten the coins he wanted........and you would have made a higher profit.......wit...

As to the arbitrage, I noticed that too, but we do not participate in arbitrage as it is outside of our core business. We simply sell at the best price. There are opportunities to take advantage of this arbitrage for others, but for us it doesn't matter, because we aren't paying people out any more...

Hi, I just saw this today. We haven't had any issues with Cryptsy withdrawals recently. We have had withdrawal issues in the past on obscure coins, and Cryptsy has taken a long time to respond but eventually fixed the issues. This is basically my experience. I think that people are jumping to conclu...

lol, well I'm glad you've made some money from the buys I've made on Cryptopia. :-) I don't sell NYAN. I don't know who's the one with those sell walls. I'd buy them if I could, but I'm too tight on funds right now to buy it up. I'm trying to keep the spread no larger than about 5 satoshi or so. I'm...

Thanks!

There's still open arbitrage there: I'm bidding on Cryptopia up to around 30 satoshi right now, while on Cryptsy the highest bid is 25 and there are asks at 26. Once you guys are trading on both, I expect there will be a lot of interesting arbitrage opportunities.

:-) We got listed on Cryptopia! https://www.cryptopia.co.nz/Exchange?market=NYAN_BTC https://www.cryptopia.co.nz/Exchange?market=NYAN_UNO These will be the main two I'll be bidding, although there's also https://www.cryptopia.co.nz/Exchange?market=NYAN_DOGE https://www.cryptopia.co.nz/Exchange?marke...

Excellent analysis. Also note that Cryptsy has added a 0.5% withdraw fee for NYAN and many other coins. For me, this is a major red flag but not enough to entirely discontinue immediately. I'm certainly still rooting for them to do well. If their volume expands significantly, then all (or most, or t...

It's interesting that you suggest that. Nyancoins actually does have Kimoto Gravity Well implemented. I know nothing about the various difficulty functions, so I had actually thought "maybe it's just a really shitty function." To my kludgy mind, I would just add a smoothing function, becau...