Topic: Poloniex Delists 17 Coins Today (Read 4213 times)

I'm way ahead of you on that last part, I withdrew 4btc worth of coins before I made this thread.

But are you saying the real reason they delist a coin is because the devs stop sending them money?

@OP

like your way of thinking.  

If you're pissed with polo go to c-cex, allcoin, allcrypt, bleutrade or swisscex or any other exchange and buy yourself a market for your coin for around 0.2 to 0.3 BTC

Listings can be bought the same as hashpower can be bought. Coins can be traded at the thread too - so exchanges are just luxury and convenient but coins with low volume can be traded on their threads even without exchange. Listings on exchanges start at 0.2 btc and cryptsy or bter listing can be bought with more money. They are all corrupt of course. Small exchanges are enough out there which will be happy to list your coin for small money.

I am very much against this listing/delisiting cuz it hurt the people holding the coins, hurts the coins, hurt the confidence and because of all that keeps new investors from alts away. This bittrex-style delisting has no future.

on the other hand i got to say: EBT is really broken and Auroracoin was just exposed as a massive scam so you can't really say they should keep those two. I don't know all the  backgrounds about the other coins. I think if coin is really broken and no dev aswell as scamcoins needs to be possible to delist. In other cases should not delist coins especially not the ones with active dev and community.


if you don't like a particular exchange just support the next one. Exchanges are like coins: they need support too
And if an exchange screws up they loose volume. I think polo already lost a lot volume when they delisted the LTC-markets. They actually lost all the LTC-bagholders bag then. Same bittrex with the practise of delisting just hurt themselves in the long run.
Exchange screws you over? Then support their competition instead, take your business elsewhere!

Customer is king - in crypto aswell. Who doesn't tread customer well will loose business to competition who treats customers better.

These exchanges seem not to understand that most people hold more than one coin. And if they hurt me too often i will not trade at their shop anymore. It's very simple.
Most exchanges just prey  on the 5 or 10 pump-whales and that's it. Let the shitcoin-pumpers be alone with the exchanges. The pumpers also depend on the money of the small men. So if they screw the small customer  over the whale runs out of food too. We'll see where it leads. We need more exchanges or volume better distributed among many exchanges so the single exchanges don't become too arrogant or  even exploit a monopoly.

Don't cry about polo, just take your business elswhere.

If they're going to announce that 15% of everything they sell is garbage, they could do it a little at a time or at least give more than 1 day notice.

The clear message is "You bought what we offered, that's your fault for trusting us."

Sorry for your troubles.  There's so many darn coins now, it's hard to keep track of, they must've wanted to simplify things a little.  Keep the coins that were worth their time to have on trading platform.

omg , i still keep crypt and util coin , so sad , all altcoin i keep come to delisted now

Thanks for the suggestion, I don't know much about paper wallets but I need to look into it.  I know they're selling Bitcoin over the counter at convenience stores in Indonesia, so that might be the future of crypto for a lot of people.

As for not being able to sleep at night, right now what's keeping me up is the .01btc worth of Vertcoin that never arrived in my wallet, and other things like that which are probably pointless and funny. 

If the long-term strategy is to buy some of a lot of alts and wait, then I'd suggest putting them on paper wallets after buying them. In 5 years you can check if you got lucky and one of the paper wallets is not worthless. (That way you don't need to download or sync the client.) Expecting an exchange to still be around and still holding every alt in 5 years is unrealistic.

Plus: 9btc on an exchange? I wouldn't be able to sleep at night.

I pulled all my coins out of Poloniex when they tried to pull the "Bitcoins are a taxable asset bullshit" when I said "You can't "borrow" Bitcoins or any Cryptocurrency because you can't borrow what you don't own nor is there any human link to Bitcoins or any other Cryptocurrency." They then replied with "You absolutely can owe Bitcoins and all other Cryptocurrencies and should pay taxes for them if applicable and can be taken to court.

Shit was seriously hilarious to me as if they think Bitcoins are Fed Notes or something?

I've never seen Polish people be this Government Loving in my life...

Poloniex customer service solution #1:  Call someone else.




Poloniex customer service solution #2:  Don't let us rip you off, we warned you!




Poloniex customer service solution #3:  If we fail to give you a satisfactory answer the first time, don't ask again.



Poloniex customer service solution #4:  If you won't shut up, we'll MAKE you shut up.



Poloniex customer service solution #5:  if you discuss it further with a ticket, we'll delete your ticket without responding.

Is there anything else I can not help you with today?

They don't treat their customers like that at all. In fact I'd be surprised if they weren't considered the best in the space for customer service. Maybe someone could start a poll.

Yeah, and what's the general result when you treat your customers like they don't matter?

I did not promise you they would keep a coin if you talk to them. I said you had to give them a good reason to keep a coin. People involved in SILK obviously gave them a good reason. Your reasoning to keep KEY was that it had 0.3 BTC of volume after being announced for delisting.

Yes, they added Gamecoin. A coin with an active community and very active development that's been putting out good work for a very long time. I was happy to see them add that as from what I've seen they are doing a good job and are putting in a lot of work.

Do any of those coins that were delisted have active development? Active development alone doesn't necessarily mean that a coin would continue to be listed despite low volumes, but actually being alive and not dead certainly helps.

A coin simply existing doesn't give Poloniex some sort of obligation to list it. Active communities and active development will give them an incentive to list a coin. As those are things that generally result in trading volume.

How would I go about giving them a reason?  In their chat, or by sending them support tickets?  They deleted my support tickets about each coin, and they said it was spam.



I wasn't banned, I was threatened with being banned if I asked to keep coins listed.

But you PROMISE that they'll keep it, if I just talk to them right?  So, once again, you insist on being wrong despite all available evidence.



Once again you're just making things up, since I've posted my entire chat log in this topic for anyone to see how I communicated.



UPDATE:  They listed a new coin today - another video game altcoin.  Such a good thing they just delisted League Coin, I'm sure this new one will be totally different and better!

If there was a community of people from KEY on Poloniex like there is with XBC then yeah, It would be less likely that it would be delisted. Volume is still the prime indicator of whether or not a coin is worth keeping or not of course.

It's not a charity. Give them a good reason to keep a coin and they will. If people from the Poloniex community(aka paying customers) want a coin to stay listed, they'll likely get their wish. When they announce plans to delist a coin, given a good enough reason they'd be happy to keep it listed if it's going to provide some benefit to the site. The people who work for Poloniex are very reasonable people.

Considering you got banned from chat or whatever I'm going to guess that you weren't able to communicate your opinion on a reasonable level . You seem to feel like Poloniex owes you something, or that you're the victim here. I promise you that given a good reason to keep a coin(primary volume, or potential of future volume, and it not being a complete scam) they will keep it. It's pretty simple.

Yes, it would benefit everyone. 

Except the people holding KEY.

And the people holding NAS.

And the people holding Bitshares DNS.

And the people holding LOL.

And the people holding AEON.

And the people holding AUR.

And the people holding CRYPT.

And the people holding BLU.

And the people holding PMC.

And the people holding VOOT.

And the people holding SHOPX.

And the people holding NTX.

And the people holding MON.

And the people holding DRKC.

And the people holding UTIL.

And the people holding SILK who dumped it because Poloniex delisted it but then it doubled the next day.  (I withdrew my 21,000 instead of trusting Poloniex, and I benefited.)

But yeah, since it turned out KEY was a Prometheus pump and dump, it's time to get rid of it.  Good thing that information came to light the same day as information about 15% of all the coins on their exchange.

But like you said, sporadic volume and a few people who support KEY aren't enough.  But like you said, sporadic volume and a few people who support XBC are enough.  It's all about volume, except when it's not.

100% increase means absolutely nothing on a no volume coin like KEY. 0.3 BTC volume is absolutely nothing. Not to mention it turned out that KEY was a Prometheus pump and dump coin so chances of anything else happening with KEY are close to zero.

The official statement was that they were made aware of upcoming developments or something similar with SILK. Thus there is a reasonable expectation that there might be come future volume with SILK. If there was anything at all going on with any of those other coins someone could have made anyone aware at Poloniex and they'd probably keep it listed if it sounded like there would be renewed interest in the coin. It's not complicated. It's not a conspiracy.

I don't know what WOLF is, but DIEM and XBC have supporters in the Poloniex community and they do get volume sporadically.

 I don't get paid by Poloniex. But I think they're the best exchange by and it would benefit everyone if we concentrated our volume there.

KEY had the volume and the 100% increase before it was announced to be delisted.

SILK had no increase in volume before they reversed its delisting.

WOLF, DIEM, XBC, and about 10 other coins had a combined volume of about 0.00BTC in the past 2 weeks, and they weren't delisted.

Everything else you said is untrue, and anyone can see it if they're interested.  I could repeat the facts, I could repeat Poloniex's own statements, but you're still going to ignore reality and claim it's about volume and "it doesn't take much to stay listed".

Does Poloniex pay you in dollars, or crypto?  Hopefully they'll give you insider information before they delist what they paid you.

Poloniex deals with the current developers of the coin as a matter of security. They almost certainly base their decisions on volume. It has to be the prime metric as volume is the only way they make money. I don't think Poloniex believes "cryptocurrency should be controlled by centralized authority and not be controlled at all by the many people who hold the coins.", that's just silly.

KEY having 0.3 BTC of volume despite eminent delisting pretty much confirms that it's not worth keeping it on the exchange.

They are running a business, give them financial incentive(ie real volume, it doesn't take much at all to stay listed) to keep a coin listed and I'm almost certain they will keep it on.

Perhaps you should consider pointing some of your outrage at the developers and communities behind these coins.

They don't base their decisions on volume, that's a lie that I've thoroughly covered.

They didn't claim to change their mind on SILK based on volume, and there are plenty of other coins with much lower volume that they didn't delist.

As I've already said, KEY moved .3btc in one day and was up over 100%, and they still delisted it the next day.

Poloniex says the coin devs are the only ones who can stop a coin being delisted, because they believe cryptocurrency should be controlled by centralized authority and not be controlled at all by the many people who hold the coins.

They base their decisions on volume. There is a cost related to leaving markets open. And when a market isn't profitable it costs them money. It's a business, not a charity to support altcoins.