Topic: Biggest sad news for XMR, ZEC & DASH Holder - page 2. (Read 262 times)
It is very sad that this coin has to fall, I used to trade on this coin but not anymore. for all holders in my opinion, immediately sell this coin before it's too late
No reason whatsoever was given for delisting those coins hence one can only but imagine the extent some of these centralized exchanges can go to achieve what they want in the detriment of another, of course it doesn't matter. You listed a coin in the first place, at least you owe it to their traders and investors reasons why you are delisting them, nevertheless in my own opinion I just think they don't want privacy coins on their exchange anymore. Also, in the case of Coinbase, who knows they might follow the trend or they might not, but however I think all these sort of steps being taken by centralized exchanges will only be fanning decentralized exchanges to pick the mantle and start working harder than before. In the same way, in my own opinion, privacy coins will be hard to be wiped off, they will still be here because they serve a purpose.
So more coins getting delisted from exchanges? This is bad and shows how bad "centralization" can be. But then they are doing it in order to be in "business" by being compliant to the KYC and AML laws. Probably if they allow listing privacy coins they might not be allowed to operate anymore. I guess P2P transactions are the only way to trade the coins.
Looks like regulatory bodies are already catching up!
Looks like regulatory bodies are already catching up!
Why would they delist just because of KYC? All the while some exchanges do keep those coins listed? Is it because the exchange is not competitive enough?
legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
bittrex gave no reason and then that makes people started to speculate about the future of the anonymous coin. I see that there are people that said if another US exchange site gonna be delisting it. It seems like the market has been driving by the bad rumour about the privacy coins. That's why monero got -15% this day. Another exchange site that already implemented KYC and AML have no problem to deal with privacy coins.
That doesn't make sense.
That doesn't make sense.
What do you think is coinbase also take the same decision?
Possible, because coinbase is CEXs same like Bittrex they can delist a coin anytime that they want.Edit:
Found another similar thread https://bitcointalksearch.org/topic/bittrex-delisting-xmr-zec-and-dash-5305779 better to lock your topic.
Bittrex announced Friday it will be delisting monero (XMR), zcash (ZEC) and dash (DASH), continuing a trend of so-called privacy coins being delisted by cryptocurrency exchanges.
After that Shares of all three coins fell on the news: XMR is down 14.44% to $133.75, ZEC fell 12.28% to $55.76.
Confirm News source: https://www.coindesk.com/bittrex-to-delist-privacy-coins-monero-dash-and-zcash?amp=1
What do you think is coinbase also take the same decision?
After that Shares of all three coins fell on the news: XMR is down 14.44% to $133.75, ZEC fell 12.28% to $55.76.
Confirm News source: https://www.coindesk.com/bittrex-to-delist-privacy-coins-monero-dash-and-zcash?amp=1
What do you think is coinbase also take the same decision?
Jump to: