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Topic: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency - page 18. (Read 99310 times)

hero member
Activity: 2856
Merit: 667
Was any reason ever given for them doing it? Did Binance do it at the request of the Pundi team or did they take unilateral action because that market was not productive?

It was foolish of them to de-list the BTC/NPXS pair... It's like invalidating BTC by doing so.

I think this is really came from the Binance because that time it was not only NPXS-BTC pairs which was delisted but it's with other projects trading pairs.
accordingly : https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad

Quote
Binance claimed that the pairs were being removed to “improve liquidity and user trading experience,” and that the choice of trading pairs was “as requested by most project teams.”

Full list of pairs removed :

Quote
“ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.”
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Was any reason ever given for them doing it? Did Binance do it at the request of the Pundi team or did they take unilateral action because that market was not productive?

It was foolish of them to de-list the BTC/NPXS pair... It's like invalidating BTC by doing so.
hero member
Activity: 2856
Merit: 667
Nothing but doom and gloom for Pundi X now until it gets removed from Binance and then  - the end. The NPXS price has hovered between 1 and 2 sats for far too long. This project will not last much longer in such a highly competitive and volatile market.
I don't think it will be remove in Binance with its good volume right now, overall in 2 trading pairs, PundiX still has over $1 million daily trading volume.
Moreover, I am surprise that Upbit trading volume is good (so maybe upbit is back), well actually I am not using the exchange that's why I am surprise, but in total exchanges, it's trading volume is $6 million which is very good IMO.

IIRC, before PundiX was listed in Binance, it was actually doing well, but when it started trading the suppose further price increase that we are expecting, did not happen.

It was foolish of them to de-list the BTC/NPXS pair... It's like invalidating BTC by doing so.

I also don't know the exact reason but during the time it was delisted, it was with other projects with high volume.
Maybe the impact of the price movement is not really good, at the current price of 2 sats, 1 sat (+ -) would mean significant movement.
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
Nothing but doom and gloom for Pundi X now until it gets removed from Binance and then  - the end. The NPXS price has hovered between 1 and 2 sats for far too long. This project will not last much longer in such a highly competitive and volatile market.
I don't think it will be remove in Binance with its good volume right now, overall in 2 trading pairs, PundiX still has over $1 million daily trading volume.
Moreover, I am surprise that Upbit trading volume is good (so maybe upbit is back), well actually I am not using the exchange that's why I am surprise, but in total exchanges, it's trading volume is $6 million which is very good IMO.

IIRC, before PundiX was listed in Binance, it was actually doing well, but when it started trading the suppose further price increase that we are expecting, did not happen.

It was foolish of them to de-list the BTC/NPXS pair... It's like invalidating BTC by doing so.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
Nothing but doom and gloom for Pundi X now until it gets removed from Binance and then  - the end. The NPXS price has hovered between 1 and 2 sats for far too long. This project will not last much longer in such a highly competitive and volatile market.
I don't think it will be remove in Binance with its good volume right now, overall in 2 trading pairs, PundiX still has over $1 million daily trading volume.
Moreover, I am surprise that Upbit trading volume is good (so maybe upbit is back), well actually I am not using the exchange that's why I am surprise, but in total exchanges, it's trading volume is $6 million which is very good IMO.

IIRC, before PundiX was listed in Binance, it was actually doing well, but when it started trading the suppose further price increase that we are expecting, did not happen.
sr. member
Activity: 1540
Merit: 255
Nothing but doom and gloom for Pundi X now until it gets removed from Binance and then  - the end. The NPXS price has hovered between 1 and 2 sats for far too long. This project will not last much longer in such a highly competitive and volatile market.

Exactly, even though the market seems to be in an upward trend, but the price of Pundix is struggling to increase its price. What was the main reason the price of Pundix is struggling at 1 or 2 sats only? Yes, in this competitive market, they need to prove themselves otherwise, it is impossible for them to survive in this market.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Nothing but doom and gloom for Pundi X now until it gets removed from Binance and then  - the end. The NPXS price has hovered between 1 and 2 sats for far too long. This project will not last much longer in such a highly competitive and volatile market.
sr. member
Activity: 2226
Merit: 259
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Binance would de-list it for insufficient trading volume and/or lack of project developments/communications, etc

I guess what's more important for Binance is just the trading volume because it's where they make money and PundiX now is still having a trading volume of over $500K daily, and it's sufficient enough for Binance to make money on the token, maybe if the volume will drop below $100K, then we should consider that as a hint for a possible delisting.
PundiX's trading volume on the Binance exchange is still above $ 100k USD. Binance also didn't issue an announcement to remove pundiX, I think the Pundi X team also doesn't want their coins to be deleted from the Binance Exchange. they will do something.

Update from Pundi X
6.2 billion NPXS / NPXSXEM tokens removed
Read more here https://medium.com/pundix/6-2-billion-npxs-npxsxem-tokens-removed-c47fd43646cc

Still, the price of NPXS/NPXSXEM is not increasing which their volume is kept decreasing in Binance exchange, in order to increase their volume they need to remove more coin because of look at the supply of NPXS more than 250 billion. Pundix team should focus on their market strategies and it will help them to explore their product developments.

Absolutely, Pundi X downtrend going from long time that's why investors disappointed and most of them didn’t hold long term and not willing to trust. Supplies removed in several period but ultimately you saw any good effects?  But still huge supply it’s dosen't matter because in this supply NPXS last all time high price was 19 satoshi and right now 2 satoshi.     
full member
Activity: 1134
Merit: 103
Some altcoins did pump today but NPXS still consistent of not moving up, hopefully the pump will continue as this could affect the price of NPXS to rise again. I'm sure you guys are not expecting anymore but I tell you, once the FOMO is here, NPXS will be one of the recipient and it will rise.

You are right most of the potential coins which have a higher probability of developing are increasing their prices in the market, but there are some coins which don't have active developments and management are not taking any improvement are lagging behind without any movements in the market.


what you thoughts on NPXS, is it lagging behind and the team are not taking care of it?

By looking at the price alone, we can say the team are not doing anything, but anyone here know more inside details?
Of course they will never use the money earned to pump this coin because NPXS is really no longer interested and the current investment trend depends a lot on investors.

I think in the past they did very well and listed this coin at big exchanges so I don't have any reason to be disappointed. In my opinion, instead of investing in this project, you should choose new projects because new projects will develop in the way NPXS used to do.

You are right, now it is not the right decision to invest in Pundix because recently we have not seen any updates and developments regarding Pundix. This makes many people lose their interest on this project, even with their burning model the price of the appendix is not surviving.
hero member
Activity: 1274
Merit: 500
Some altcoins did pump today but NPXS still consistent of not moving up, hopefully the pump will continue as this could affect the price of NPXS to rise again. I'm sure you guys are not expecting anymore but I tell you, once the FOMO is here, NPXS will be one of the recipient and it will rise.

You are right most of the potential coins which have a higher probability of developing are increasing their prices in the market, but there are some coins which don't have active developments and management are not taking any improvement are lagging behind without any movements in the market.


what you thoughts on NPXS, is it lagging behind and the team are not taking care of it?

By looking at the price alone, we can say the team are not doing anything, but anyone here know more inside details?
Of course they will never use the money earned to pump this coin because NPXS is really no longer interested and the current investment trend depends a lot on investors.

I think in the past they did very well and listed this coin at big exchanges so I don't have any reason to be disappointed. In my opinion, instead of investing in this project, you should choose new projects because new projects will develop in the way NPXS used to do.
sr. member
Activity: 1176
Merit: 252
The team seems lacking of updates today and for the price i don't think that it will be going the same as before, which is having a good volatility. If they want this NPXS to get alive they should be active just like when they are starting before actively participang in blockchain events and updating us. I hope were going to hear or read some updates from them
Maybe not only because of that problem, but also because Pundi X has lots of coins (NPXS, NPXSXEM, and Function X "FX"). so they lack focus and too much profit that must be shared to increase each token
hero member
Activity: 1820
Merit: 537
Some altcoins did pump today but NPXS still consistent of not moving up, hopefully the pump will continue as this could affect the price of NPXS to rise again. I'm sure you guys are not expecting anymore but I tell you, once the FOMO is here, NPXS will be one of the recipient and it will rise.

You are right most of the potential coins which have a higher probability of developing are increasing their prices in the market, but there are some coins which don't have active developments and management are not taking any improvement are lagging behind without any movements in the market.


what you thoughts on NPXS, is it lagging behind and the team are not taking care of it?

By looking at the price alone, we can say the team are not doing anything, but anyone here know more inside details?
The team seems lacking of updates today and for the price i don't think that it will be going the same as before, which is having a good volatility. If they want this NPXS to get alive they should be active just like when they are starting before actively participang in blockchain events and updating us. I hope were going to hear or read some updates from them
hero member
Activity: 2338
Merit: 737
guys, for those who holders or have NPXS on upbit, please withdrawal your funds... I got notice on Coinmarkepcap, "We have received reports of impeded withdrawals and deposits on Upbit. Please be careful with your funds."
hero member
Activity: 2856
Merit: 674
Some altcoins did pump today but NPXS still consistent of not moving up, hopefully the pump will continue as this could affect the price of NPXS to rise again. I'm sure you guys are not expecting anymore but I tell you, once the FOMO is here, NPXS will be one of the recipient and it will rise.

You are right most of the potential coins which have a higher probability of developing are increasing their prices in the market, but there are some coins which don't have active developments and management are not taking any improvement are lagging behind without any movements in the market.


what you thoughts on NPXS, is it lagging behind and the team are not taking care of it?

By looking at the price alone, we can say the team are not doing anything, but anyone here know more inside details?
hero member
Activity: 2856
Merit: 667
Some altcoins did pump today but NPXS still consistent of not moving up, hopefully the pump will continue as this could affect the price of NPXS to rise again. I'm sure you guys are not expecting anymore but I tell you, once the FOMO is here, NPXS will be one of the recipient and it will rise.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Still, the price of NPXS/NPXSXEM is not increasing which their volume is kept decreasing in Binance exchange, in order to increase their volume they need to remove more coin because of look at the supply of NPXS more than 250 billion. Pundix team should focus on their market strategies and it will help them to explore their product developments.

PundiX has lost the trust of investors and the community, there is no development with the price of NPXS, it seems to be difficult to return to 10-20 satoshi, be patient if you still hold it


I see absolutely no way the price will rise to those levels unless they have a management and board level shake-up to bring in a new team and new strategy. I am saddened to see the predicament this token finds itself in but without a new strategy this will fail.
newbie
Activity: 5
Merit: 1
I think you are a little dramatic, there are many other coins whose value has fallen and does not rise, but even so they live on a binance. npxs fell exactly as much as other equally popular coins
sr. member
Activity: 1540
Merit: 255


Still, the price of NPXS/NPXSXEM is not increasing which their volume is kept decreasing in Binance exchange, in order to increase their volume they need to remove more coin because of look at the supply of NPXS more than 250 billion. Pundix team should focus on their market strategies and it will help them to explore their product developments.


PundiX has lost the trust of investors and the community, there is no development with the price of NPXS, it seems to be difficult to return to 10-20 satoshi, be patient if you still hold it

That's probably should be the best thing to do if we still hold NPXS until now.

At the current price, this is very disappointing to at least most of the investors but who knows it will again recover,

it's like a big gamble if we hold but I believe it's worth the gamble if you both at 1 or 2 sat per NPXS.

Till now, we are watching the market very carefully and waiting for the Punidx coin to recover its price. As of now, it is impossible for us to sell them at the current value because we bought it at the higher price, so it is very good to wait until we see an upward price for the Pundix coin.
hero member
Activity: 2562
Merit: 577


Still, the price of NPXS/NPXSXEM is not increasing which their volume is kept decreasing in Binance exchange, in order to increase their volume they need to remove more coin because of look at the supply of NPXS more than 250 billion. Pundix team should focus on their market strategies and it will help them to explore their product developments.


PundiX has lost the trust of investors and the community, there is no development with the price of NPXS, it seems to be difficult to return to 10-20 satoshi, be patient if you still hold it
Not only lost the trust but it has been losing a lot of the volumes too. The team has been made a mistake by trusting if Xpos will be a successful product. When you are saying be patient and waiting for that price to come and can i ask you about ETA for big bullish trend for pundi?
The team might have a second plant in the past to anticipate if the products become a failed product. The price of pundi right now only worth 2 satoshi.
that's really bad for a project that has already called by so many people as a promising project. The team must think about how to re-structure all of the plans that already created to be more effective.

Yeah people just use the word "promising " base on what they read from the white paper but in reality it is a different ball game,  longevity of a project and how it manage to sustain development through that process will determine if a project is actually promising or not, PundiX is finding it difficult to support this project, investors are losing confidence to hold, price is depreciating as a result, gradually the project is sinking unless the dev are able to save it.
jr. member
Activity: 58
Merit: 1
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Still, the price of NPXS/NPXSXEM is not increasing which their volume is kept decreasing in Binance exchange, in order to increase their volume they need to remove more coin because of look at the supply of NPXS more than 250 billion. Pundix team should focus on their market strategies and it will help them to explore their product developments.


PundiX has lost the trust of investors and the community, there is no development with the price of NPXS, it seems to be difficult to return to 10-20 satoshi, be patient if you still hold it
That's correct, they lost many investors and traders, development is really not good and pundiX price development quite shit, last yeari trade pundiX and lost few dollars,               
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