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Topic: Bittrex is removing a lot of coins - page 4. (Read 580 times)

full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
March 20, 2018, 11:19:37 AM
#26
yes, there is a statement that they will remove 82 coins, they probably have small trading volumes
hero member
Activity: 1064
Merit: 589
March 20, 2018, 11:19:21 AM
#25
I think it is good to delisted a lot of coins there
maybe they are delisted because the volume is low in everyday. I hope bittrex will be great an exchanges
sr. member
Activity: 619
Merit: 251
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
March 20, 2018, 11:18:43 AM
#24
For sure he need delete a lot of coins which do not have any trading volumes for long time , one time bittrex added so much alts , that's why now he deleting all this shits alts , soon will delete more i think.
full member
Activity: 1498
Merit: 146
March 20, 2018, 11:12:53 AM
#23
I think they want to make room in their servers for the new and potential coins so they are removing the dead shit coins so from these,that coins may nit have any value in future so of you have them then it is time to cashout thise coins even if you lose yoir investment.
full member
Activity: 644
Merit: 100
March 20, 2018, 11:00:46 AM
#22
IMHO this is the great idea to clean exchange. Some coins look very strange and have no trading volume at all. Nothing happen with them for months except pumps where new people losing their money. 
hero member
Activity: 2128
Merit: 520
March 20, 2018, 10:49:46 AM
#21
Bittrex are cleaning their exchange, it's a normal action when they seen that the coins is no longer have support or showing of small numbers of support
and volume is not enough to sustain the coins inside the exchange, I see this actions is another opportunities for newer coins that have a lots of potentials,
giving them the slot as we seen more and more new coins that has been created and waiting for opportunities to be in a much bigger exchange like bittrex, lets wait and see after this delisting.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
March 20, 2018, 09:59:48 AM
#20
before those coins were delisted bitrrex already removed plenty of coins and most of them are shitcoins with lack of interest with low volume market so i think this is normal because other exchange also will do the same things so nothing big things here
hero member
Activity: 630
Merit: 500
March 20, 2018, 09:30:12 AM
#19
It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.
Of course the bittrex has done a very mature analysis and thought. Removing the coins from the list they have there must be a very strong reason. Most are coins that are not developed yet, although Bittrex is known as a tightly qualified exchange to include the d exchange list, but we do not know when a coin will experience a decrease in performance. This is something reasonable and Exchange Bittrex has started to remove coins that do not have the potential for the future.

One of the strongest reason is they doesn't have any good volume to support their trading ecosystem that's why bittrex management look them as nuissance coin that needed to be delisted for trading at ease reason. And one of the reason why coins get poor performance is due to the dev's fault upon poor supportin on their coins and also the dev scamming reason.
legendary
Activity: 1414
Merit: 1001
March 20, 2018, 09:11:16 AM
#18
It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.
Of course the bittrex has done a very mature analysis and thought. Removing the coins from the list they have there must be a very strong reason. Most are coins that are not developed yet, although Bittrex is known as a tightly qualified exchange to include the d exchange list, but we do not know when a coin will experience a decrease in performance. This is something reasonable and Exchange Bittrex has started to remove coins that do not have the potential for the future.
full member
Activity: 602
Merit: 103
March 20, 2018, 09:01:52 AM
#17
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


Note: Those with "*" are the only coins that would be delisted. It is also a smart move for bittrex for doing so because there is no need to list coins/tokens that is unable to circulate their supply for that proves how good a coin/token is, when somebody is trading it. I feel great reading this news.
hero member
Activity: 1176
Merit: 509
March 20, 2018, 09:00:14 AM
#16
Majority of the coins that Bittrex will remove on March 30 are just shitcoins! It has slow movement in the market. This is waht I like about Bittrex. It is a quality exchange with high security. The coins that will remain in the sites are quality coins. It would be much safer to trade on Bittrex.
hero member
Activity: 2660
Merit: 551
March 20, 2018, 08:49:07 AM
#15
It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.
sr. member
Activity: 574
Merit: 251
March 20, 2018, 08:45:36 AM
#14
Finally they are making move by taking initiative to shred off the shit coins from the market. Obviously there is no point in holding them at all and it also attracts the scammers to do pump dumps activity which is not even legal anyway. Most of the time newbies fall for this and they cant get rid of it until they find themselves in complete loss. Im pretty sure that bittrex has made good move and soon other exchangers will follow the same. I think they are doing for their internal stability which is good anyway as it will help us to choose the good volume coins.  Cheesy
member
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
March 20, 2018, 08:30:48 AM
#13
This year will be the year of Blue-chip coin, and any shitcoin which don't have a clear purpose, product and team behind will be delist or disapear.
But sometime, Bittrex usually remove a coin with no reasons  Sad
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
March 20, 2018, 08:11:25 AM
#12
Shitcoins meant to be delisted and this is fair decision so that traders can easily sort on which coin they would like to trade with, and now let see if there would be more potential coin will be added on bittrex since this delisting will surely open a seat for those new comers who want to be added on this site.

Bittrex should need to be more selective and choosy for their next addition so that people could make sure that they will not do trade with those shit ones.
member
Activity: 378
Merit: 10
March 20, 2018, 08:03:20 AM
#11
Maybe they don't have any vision are they don't generate enough volume in the market, Bittrex is doing good now a days by dealing with the crypto industry. Choosing the right one and listing in Bittrex will get more exposure to the community.
newbie
Activity: 210
Merit: 0
March 20, 2018, 08:00:15 AM
#10
this will be a good news for the new coin that will surprise us and will be a bad news for holder that holds the coin above, I agree with the decision has Bittrex made
newbie
Activity: 91
Merit: 0
March 20, 2018, 07:41:28 AM
#9
I think it's a good move for them because those coins i think isn't that volatile and just there doing nothing but the problem that will cause people quitting crypto if they actually didn't withdraw it on time.
hero member
Activity: 2086
Merit: 994
Cats on Mars
March 20, 2018, 07:38:45 AM
#8
Good. All of them were nothing more than shitcoins, scamcoins and vaporware (I mean, Titcoin? really?). I believe the reason why they're being removed is the low volume, most of them don't even reach 10k or 5k volume in 24h. At least this will let buyers/investors focus on the good and promising projects

Hopefully, other exchanges (Binance or Cryptopia) can take the same approach and start the same purge.
newbie
Activity: 84
Merit: 0
March 20, 2018, 07:34:28 AM
#7
But it's no surprise really.
I've never seen these shitcoins before, probably just as well  Grin

We are waiting for new and ambitious coins!
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