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Topic: Bittrex is removing a lot of coins (Read 580 times)

sr. member
Activity: 476
Merit: 250
March 29, 2018, 10:40:46 AM
#86
I started to dislike Bittrex because of their shady wallet locks whenever it suits them, but removal of shitcoins is definitely a move in the right direction. Hh, XRP, it would be kinda funny if the whole crypto space started to boycot it. I wonder, what would happen to it :p But hey, free market Smiley
Also don't know why is this happening to bittrex maybe the some of ys is right. But I think those coin who are being removed is about to go to cheap more. Well, time to buy mate since we are experiencing dump situation right now. Maybe bittrex now are become more strict.
maybe that coins could not give bittrex advantages and no profit from them.so they need to refresh their coins list to maximize their trading volume in order to growth their income.
sr. member
Activity: 798
Merit: 255
March 29, 2018, 07:33:01 AM
#85
I started to dislike Bittrex because of their shady wallet locks whenever it suits them, but removal of shitcoins is definitely a move in the right direction. Hh, XRP, it would be kinda funny if the whole crypto space started to boycot it. I wonder, what would happen to it :p But hey, free market Smiley
Also don't know why is this happening to bittrex maybe the some of ys is right. But I think those coin who are being removed is about to go to cheap more. Well, time to buy mate since we are experiencing dump situation right now. Maybe bittrex now are become more strict.
full member
Activity: 504
Merit: 105
March 29, 2018, 07:28:14 AM
#84
It is good though. Too many coins around is not good for traders and newbie traders. Moreover, bittrex knows what is good for them by removing low volume coin on their exchange. I think that this is a good opportunity for many other coins to be listed on bittrex
Few coins are listed on Bittrex because their legal regulations are very strict but I believe in the future they will choose the best projects to list on Bittrex and investors will have more choices new in investment. I think this is really good for all investors and everyone should support this because Bittrex is always a good exchange.
legendary
Activity: 2170
Merit: 1427
March 29, 2018, 07:25:41 AM
#83
I think that this is a good opportunity for many other coins to be listed on bittrex

There won't be many more coins listed on Bittrex, that's the whole point here. I'm not exactly sure if I remember it correctly, but getting coins listed on Bittrex would require the coin to be serving a purpose, or at least to be different than the shitload of other coins, where on top of that, it has to comply with all legal terms. This market is no longer the open field it once was, allowing shitcoins and scammers to party all day long at cost of innocent people. Bittrex stated also that they no longer list coins for a fee, which should cause a further decline of shitcoins being listed on the top tier exchanges. Side effect is that people will massively flow into Yobit and all other related shitcoin exchanges to get their shitcoin fix, because these exchanges keep ignoring legal terms, which is a dangerous practice btw. Authorities will at some point whoop these exchanges badly.
full member
Activity: 462
Merit: 100
March 29, 2018, 07:16:25 AM
#82
Bittrex is removing a lot of coins from their exchange on March the 30th.

8BIT
ADC
AM
AMS
APEX*
ARB
BITS*
BITZ*
BLC
BOB
BSTY
BTA
CCN
CRBIT*
CRYPT*
DAR
DGC
DRACO
DTC
FC2
FRK
FSC2*
GEMZ
GHC
GP
GRT
HKG
HYPER*
HZ
J
KR*
LXC*
MAX
MEC
METAL
MND
MTR*
MZC
NAUT
NET
NEU*
NTRN
OC*
ORB
PRIME*
PXI
ROOT*
SCOT
SCRT*
SFR*
SLG
SLING*
SOON
SPRTS
SSD*
STEPS*
STV
SWING
TES
TIT
TRI
TRK
U*
UFO
UNIQ*
UNIT
UNO
UTC
VIOR*
VIRAL*
VPN
WARP*
XAUR
XBB
XC
XCO
XDQ*
XPY*
XQN
XSEED*
XTC
YBC*

Source: https://support.bittrex.com/hc/en-us/articles/360001609031-Wallet-Removal-on-March-30-2018

I think because those coins and tokens are already deads which is from greater to loser I think the devs of that coin already get the benefits of it. So, maybe Bittrex clean their exchange because there are many iseless coin now. Bittrex is for better coins.
hero member
Activity: 826
Merit: 529
March 29, 2018, 07:13:42 AM
#81
It's an appreciatable step for the blockchain system. day by day Blockchain system is getting colored by the scam or other invalid ICO. I think those platform should be revoked and removed also from the every exchange site in the virtual world. it's true that some of these ICO have contaminated and raised a question about the validity.

So that I appreciate a lot towards this step and I also suggest the rest of the virtual exchange platform should take a similar step against invalid and scam ICO.
full member
Activity: 252
Merit: 100
Streamity Decentralized cryptocurrency exchange
March 28, 2018, 04:11:00 PM
#80
It is good though. Too many coins around is not good for traders and newbie traders. Moreover, bittrex knows what is good for them by removing low volume coin on their exchange. I think that this is a good opportunity for many other coins to be listed on bittrex
sr. member
Activity: 882
Merit: 250
March 28, 2018, 03:03:59 PM
#79
It is a good move by Bittrex.
It is all about business, keep those who gives you profit and remove those that does not.
For every coin delisted, new ones will come that will possibly bring them more $$$.
after this massive delisting , much trader hope bittrex will add new coins/tokens to their market.its has long time bittrex dont added new coin / token and it is exact time to do.maybe this could help their bussines.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
March 28, 2018, 02:20:45 PM
#78
It is a good move by Bittrex.
It is all about business, keep those who gives you profit and remove those that does not.
For every coin delisted, new ones will come that will possibly bring them more $$$.
newbie
Activity: 65
Merit: 0
March 28, 2018, 01:49:10 PM
#77
correctly do, why do you need dead coins?
full member
Activity: 815
Merit: 101
March 28, 2018, 01:36:47 PM
#76
I think biitrex has a reason why to remove many coins from the list. I see maybe the coin has a sale that is not high and bittrex can replace with coins that have high sales potential.
but i think this is the best choice from bittrex.
newbie
Activity: 34
Merit: 0
March 28, 2018, 01:24:20 PM
#75
I've never even considered buying any of those coins, but I would be perturbed if I was sitting on a pile of them. Where do people even rank bittrex for buying? Everyone seems to do binance and then kucoin types for lesser knowns. I started on bittrex but haven't been back since maybe November. NEM prior to binance listing was the only thing that I was tempted to move money for.
member
Activity: 210
Merit: 10
Never DO AIRDROPS
March 28, 2018, 01:03:12 PM
#74
Yeah I noticed that and I can say that is a really smart move from Bittrex. It would be nice that coins which have small volume of trading or have small price (example: 6 sat ) can be delisted too. There are too many useless coins which are used only for pump and dump. I hope they will add some new coins with good potential.
Many of Listed Tokens doesnt give big value anymore. Maybe some of them are Shitcoins.
I think Bittrex want their site more clean so many people more trust with their site?
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 28, 2018, 12:50:17 PM
#73
Yeah I noticed that and I can say that is a really smart move from Bittrex. It would be nice that coins which have small volume of trading or have small price (example: 6 sat ) can be delisted too. There are too many useless coins which are used only for pump and dump. I hope they will add some new coins with good potential.
It is already expected on where if theres a delisting then expect there would be a new listing of new batch of coins which I would really be glad since there are more potential coins which aren't being listed to this exchange and hope it would really be given a chance to be putted inside of such good exchanger.Delisting crappy coins isn't new anymore because even some exchangers do really need to done such thing to maintain the cleanliness and prone to shitcoin exchange.
full member
Activity: 645
Merit: 145
March 28, 2018, 12:45:51 PM
#72
Yeah I noticed that and I can say that is a really smart move from Bittrex. It would be nice that coins which have small volume of trading or have small price (example: 6 sat ) can be delisted too. There are too many useless coins which are used only for pump and dump. I hope they will add some new coins with good potential.
full member
Activity: 1204
Merit: 104
March 28, 2018, 12:15:02 PM
#71
Time to get rid of the XRP as well.
Lol. I really wish we can get to see this happen. Another huge shit coin trying to claim some relevance but obviously owned and controlled by thieves. It is not even a cryptocurrency and I wonder why any exchange will be listing it.

Whichever way, I want to believe the era of scam coins are gradually getting over as a lot of good exchanges will end up rejecting them, some will end up dropping them like bittrex is doing, and those with broken blockchain anyway does not have anything to offer anymore. Maybe regulation is at play here.
The fact is that it is still necessary to regulate the listing on the stock exchanges, since there is a lot of rubbish in reality, which only clogs the place and distracts the trader's attention.
legendary
Activity: 1288
Merit: 1036
March 28, 2018, 09:36:54 AM
#70
Time to get rid of the XRP as well.
Lol. I really wish we can get to see this happen. Another huge shit coin trying to claim some relevance but obviously owned and controlled by thieves. It is not even a cryptocurrency and I wonder why any exchange will be listing it.

Whichever way, I want to believe the era of scam coins are gradually getting over as a lot of good exchanges will end up rejecting them, some will end up dropping them like bittrex is doing, and those with broken blockchain anyway does not have anything to offer anymore. Maybe regulation is at play here.
legendary
Activity: 1006
Merit: 1000
March 28, 2018, 09:36:36 AM
#69
maybe bittrex is removing a lot of coins because the volume is low or no volume in everyday
bittrex have a reason to remove it and maybe they have a plan to add of coins too.
hero member
Activity: 998
Merit: 504
March 28, 2018, 09:21:27 AM
#68
I started to dislike Bittrex because of their shady wallet locks whenever it suits them, but removal of shitcoins is definitely a move in the right direction. Hh, XRP, it would be kinda funny if the whole crypto space started to boycot it. I wonder, what would happen to it :p But hey, free market Smiley
Wallet lock can happen to any exchange for maintenance but I understand what you meant though. The most important thing for me as a user is to be able to get out my funds when I deem it fit and bittrex has never disappointed with that. However, with respect to the idea of dropping XRP by exchanges, I would really have loved to see that. Grin one scam coin that is just busy deceiving new investors. Nothing good with a centralized banker’s coin.
hero member
Activity: 2996
Merit: 609
March 25, 2018, 04:39:48 PM
#67
I think they remove or delist some coins in their exchange because those coins are lack of financial supports, no buyers or the developer is no longer reachable.
Well, it not always about bad support or developer things that leads to bittrex delist because bittrex is an exchange with policy and their agreement is that no token or coin owner must violate their rule and regulation to avoid delist.

There are tons of reason why they delist coins, some due to traders complaints in services of such coin, maybe the community or the team already forlorn it. The only dissapointing part of delisting if we werent aware that we have such coin deposited in their exchange that about to delist since notice might not be given or we might be late to found out that the time period to withdraw it is over. So we should always visit their market page.

Is this not to do with the announcement that they made a few months back about all coins must provide certain documentation or be delisted? It's probably not volume related because there are some far lower volume coins that are not being delisted. The promising side to this is that it frees up lots of spaces for new and more promising coins to be listed on bittrex, as we've seen in the past months.
You made a reasonable point because the fall of one is the arise of other but my question what will the bittrex to avoid the lost of the delisted coin holder?
They don't really care at all and avoiding such lost of money into its investors would not be a concern for bittrex to think off as long they had already make an announcement towards it that they will delist coins which means it your own choice if you would pull out those tokens and transfer it into another exchange or wallet if you do still wish to hold it off.Dont think about on the concern that they might able to give into coin holders.We have seen this for how many times which this thing aint happening.
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