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Topic: Altcoins getting delisted - page 5. (Read 947 times)

hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
December 24, 2019, 06:00:14 PM
#36
They delisted those coins because of how low the volume is being traded on that day. Also it's not that worth to actually trade those coins lol nowadays so that shit is fine.

It is necessary to invest money only in those old coins that are still worth something.
It is, but most of them are not and it's dying anyway so it's completely useless to invest.

So, try investing in coins that are now alive and capable of fighting to survive in the future.
You can't just try and blindly pick them as they are sharing the same potential and could survive in the future especially today.
member
Activity: 596
Merit: 10
December 24, 2019, 05:26:11 PM
#35
It is necessary to invest money only in those old coins that are still worth something. It is obvious that some of them eventually begin to lose their former glory and this is completely normal.
hero member
Activity: 2758
Merit: 705
Dimon69
December 24, 2019, 05:18:36 PM
#34
It's not just poloniex exchange that delisted Altcoin in the trading list at their exchange. Many other exchanges also do that. this is done to keep the investors or traders in the exchange from investing wrong. as did the indodax exchange which delisted STQ it is a pretty good policy, considering the StQ project has been abandoned by the CEO and team members.
Almost all exchanges scheduled delist ung, they provide sometimes announcements or delist those who doesn't have any volume trade for quite a long time. It is needed to be done to not full the exchange with shitcoins that may make their exchange a cheap one. There are already exchanges who still need to delist more alts as they are not worthy to be trade nowadays.
hero member
Activity: 1470
Merit: 509
December 24, 2019, 04:45:25 PM
#33
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?
Exchanges always make such updates because of low volume or other reasons. Otherwise, I do not think they give up their profits.

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?
Top old altcoins have also been able to survive for a long time. And there are new ones that do not even have the enough volume to be listed in the CMC. So, try investing in coins that are now alive and capable of fighting to survive in the future.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
December 24, 2019, 03:49:26 PM
#32
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?


Not that it's good to blindly invest in old coins but those that have established themselves in the industry and have a large adoption rate, like the likes of ethereum, Litecoin etc and not those that are barely existing based on the hyped been associated with them. An exchange is a business so when a business does identify liability in the form of dead coins, they have no choice but to get rid of those liabilities by delisting them.

Do understand too that those current new projects that you're chasing after will likely be in the shoe of this old coins getting delisted presently providing they can't keep to the demand of the community and stay relevant since most project only exist because they can be profitable and once that ability is lost they become useless.
hero member
Activity: 1680
Merit: 506
Trphy.io
December 24, 2019, 03:30:47 PM
#31
It's not just poloniex exchange that delisted Altcoin in the trading list at their exchange. Many other exchanges also do that. this is done to keep the investors or traders in the exchange from investing wrong. as did the indodax exchange which delisted STQ it is a pretty good policy, considering the StQ project has been abandoned by the CEO and team members.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
December 24, 2019, 11:55:04 AM
#30
I think that now it is not possible to guess which coins will come out from this bear market as a winner. maybe these will be new projects, or maybe new projects will not be able to do anything, and old projects will be better than in 2017. I use diversification and prefer not to think about all this
sr. member
Activity: 1078
Merit: 256
December 24, 2019, 11:29:58 AM
#29
Yeah i feel the same way, old coins tend to have lost all the fomo and excitement and also if they have not put up a successful business model even after 3 to 5 years then it seems like people are not interested in the project so it is better to move on.
Exchange delist those old projects who lose support from the community, there's no other way but to allow new project and move forward. Good project will survived and stay with good exchange. Understanding the purpose of those exchange site as everyone is about making money, so if coin is no longer moving then it's time to remove and change for new moving one.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 24, 2019, 09:53:45 AM
#28
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

Maybe they just want to highlight those altcoin who are more deserving to invest with rather than risking to the old ones which in fact are literally have less chance of being fortune to the investors. Anyway it is not bad in a sense we are more aware to the coins who are dying, and be more notified to those decent alts out there.
especially the new altcoin, maybe I don't trust it to invest because it doesn't have a lot of community, so it's easier to pump and throw away, I don't think it's safe for long-term investment. only altcoin on the top ranks that I choose to invest long term

jr. member
Activity: 114
Merit: 1
December 24, 2019, 09:21:51 AM
#27
The market should be cleaner. Too many shitcoins there
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
December 24, 2019, 09:16:16 AM
#26
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?
you also need to look if the coin has a purpose and don't just support it because its an old coin
even the coin is old or new if it has a purpose and development it will surely rise in the future
sr. member
Activity: 1274
Merit: 293
December 24, 2019, 09:05:36 AM
#25
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

Maybe they just want to highlight those altcoin who are more deserving to invest with rather than risking to the old ones which in fact are literally have less chance of being fortune to the investors. Anyway it is not bad in a sense we are more aware to the coins who are dying, and be more notified to those decent alts out there.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
December 24, 2019, 08:42:46 AM
#24
It is a big shock for altcoins because delisting from reputable exchange means instant 50% loss. And why exhcanges do that? Because they are regularly cleaning their market from coins that have low trading volume.

It's industry practice, and in the end, exchange always win, and coins and it's supporters always end up in the losing side, this what happens when investors are investing in a new coin or weak coins that cannot build support from a majority of investors, that's always been the case, we really need centralized exchange, to support coins with good promise but low volume.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
December 24, 2019, 08:41:17 AM
#23
Yeah i feel the same way, old coins tend to have lost all the fomo and excitement and also if they have not put up a successful business model even after 3 to 5 years then it seems like people are not interested in the project so it is better to move on.
sr. member
Activity: 1372
Merit: 264
December 24, 2019, 08:37:09 AM
#22
It's really obvious that they will be delisted because they are lacking in volume and no more investors are interested in investing their money to this kind of altcoins. And a lot of them are really a sh*tcoins does not have a purpose at all but to make hype and also not making any update regarding in their project.

But some altcoins are really worth it and it is easy to make money to them because they have active investors which are really good at making a profit.
sr. member
Activity: 793
Merit: 250
December 24, 2019, 08:32:59 AM
#21
It is a big shock for altcoins because delisting from reputable exchange means instant 50% loss. And why exhcanges do that? Because they are regularly cleaning their market from coins that have low trading volume.
sr. member
Activity: 2828
Merit: 344
win lambo...
December 24, 2019, 08:31:55 AM
#20
Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?
That is a usual thing happens since last year. It is quite to see a lot of altcoins are delisted from exchanges because some of them are just scam and no place in crypto. If we want to invest altcoins, it is preferred to choose those who have already marketable and has a terrific market performance. Ain't no worry for sure about dumping it hard in the future but rather to see it profitable.
sr. member
Activity: 826
Merit: 252
December 24, 2019, 08:30:43 AM
#19
Exchanges delis many coins this time and I believe they only want new fresh fund and performance to keep running their system. Delis can be done because no more profit and high fees transactions from the coins, in simple word we call it " unprofitable ". Other reason is the coin has bad progress and some developer reject to use it inside their project. See it as solutions, I think has view coin with good volume is better than has many coin without future.
sr. member
Activity: 784
Merit: 251
December 24, 2019, 08:27:16 AM
#18
Yaps, you can be sure. every exchange has certain volume threshold rules or conditions. so if a coin or token does not meet the requirements, the exchange may kick it.

It should be noted, at this time people are competing in matters relating to technology, so who is the most sophisticated and has first come up with an idea / innovation, then he is the winner. due to old Altcoin many died because of competition and the products they were no longer lyrics by people. What's worse if an old altcoin is left behind by the team, and not looking for a solution, this is really a very ironic thing (the fate of investors).
member
Activity: 574
Merit: 24
December 24, 2019, 08:20:36 AM
#17
Crypto market condition is really hitting coins hard, some are dead already and some are hanging between life and dead situations, i can't say that bear market is not good because it's really killing off weak projects, i really want to see many weak projects off this space
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