Shit Exchanges, an end to good projects. - page 10.

novaprime

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UniDApp - it's DeFi time!

Quote from: lighpulsar07 on October 13, 2019, 06:01:16 PM

First there are no good projects to begin with the good project devs are now not interested in cryptocurrencies anymore since the bitcoin and alts especially ethereum price goes down huge in last 2018 the reason why no more good devs and team that invested in smart contracts. Now, IEO became a thing shitty devs saw this opportunity to create a shit coin to dump it in exchanges.

It is now impossible to predict what will happen next in this market because any investment in this market has its own risks and that will affect our profits. It is possible that IEO is the fastest solution to make money but the risk will be very high if not careful because there are currently more than 100 scam IEO projects available at normal exchanges and the opportunity to make very low profits because So think carefully before investing in IEO.

lighpulsar07

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First there are no good projects to begin with the good project devs are now not interested in cryptocurrencies anymore since the bitcoin and alts especially ethereum price goes down huge in last 2018 the reason why no more good devs and team that invested in smart contracts. Now, IEO became a thing shitty devs saw this opportunity to create a shit coin to dump it in exchanges.

desticy

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www.cd3d.app

Quote from: ?? on ??

Often investors or bounty participants influence the development team, they are constantly asking to add an exchange or find out when there will be an exchange.

In your opinion, this is the reason why good projects choose bad exchanges? Because they are in a hurry? I don’t think so, and it's strange.
Any project is aimed at successful implementation, it is obvious that working with a bad exchange the chances of success of the project coin are somewhat reduced.
Only one thing can justify such actions - an unsuccessful fundraising.

huu78

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A good variety of projects is unfortunate if the listings on market exchanges that do not have supply and demand that makes the price unstable.
Some reasons like they do not want to spend much capital for listings or do not have funds for listings on a good market exchange like binance.
It is unfortunate that such a good project and does not attract investors.

DaveWave

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Quote from: asus09 on October 13, 2019, 02:29:23 AM

Shit exchange is not wrong with the end of good project, but why dev developer and CEO of ICO want listed their coin on shit exchange? Shit exchange give offer with lower price for listing all of ICO coin on their exchange market, many dev ICO want to listed on shit market because they have pay lower money than have using big exchange market, why many good coin become lower price because dev want to pay with higher amount for listing with big exchange market.

You don't know that exchanges are free to list their coins of their liking? While developers needs to request and needs to pay especially on big exchanges. When a decentralized coin and token is launched then no one can stop anyone from purchasing it even criminals, the same with exchanges to list them on their own markets. Maybe this was mentioned already here because the topic was created nearly a month already.

zeze18

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Activity: 938

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Actually if you see it from the good view, first entry on shit exchange is not always bad except the investors itself aiming just for a quick profits.
For me, a new project entering shit exchanges (bad exchanges with low daily volume) is just a beginning of their journey to get to the top, we should support their decisions as an investor

bgaf

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So the OP saying is that the blame here is the cryptocommunity at all? Are you out of youre head, of course the exchange launches due to the fact that they wanted to be like major exchange such as Binance, Kucoin and many more. Aspiring exchanges who are striving to be on their level but youre right some of the exchange is probably trying to scam small developers and projects here. But it doesnt mean that some new exchange are shit.

freedomgo

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Quote from: Xanxus024 on October 11, 2019, 12:25:36 PM

That's the fact because the fund is an issue in a first place and some developers think it is okay for the investors and supporters once they put their project in any exchange but they don't realize the big impact to their project once their listed their project in a shit exchange for sure it will end up worst.

It's not wise to list a good project in a shit exchange because people are usually looking on exchange reputation than the project's reputation.
A team that are smart will always consider the effect of listing in a shit exchange, shit exchange is normally for shit coins and shit coins has no future at all.

asus09

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Activity: 1344

Merit: 270

Shit exchange is not wrong with the end of good project, but why dev developer and CEO of ICO want listed their coin on shit exchange? Shit exchange give offer with lower price for listing all of ICO coin on their exchange market, many dev ICO want to listed on shit market because they have pay lower money than have using big exchange market, why many good coin become lower price because dev want to pay with higher amount for listing with big exchange market.

kynaz

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Activity: 1078

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http://unidapp.app

Quote from: gaston castano on October 13, 2019, 01:51:02 AM

do not know the exact reason, but if indeed their project is good it should not be a problem people will continue to buy their shares, even though how many in a bad place, but that certainly reduces the intention of some people.
maybe the main reason is the expensive listing fees, but we know there are exchanges that don't charge fees for listings if their project is indeed good Roll Eyes

If the project does not have enough funds to implement IEO at a good exchange, then the project will not be interested by investors because at this time people are very careful in investing. I think listing at a bad exchange is not a good solution for project development because investors are usually only interested in the liquidity of that coin. This market is now very harsh and 70% of altcoins will be removed from this market this year.

gaston castano

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do not know the exact reason, but if indeed their project is good it should not be a problem people will continue to buy their shares, even though how many in a bad place, but that certainly reduces the intention of some people.
maybe the main reason is the expensive listing fees, but we know there are exchanges that don't charge fees for listings if their project is indeed good Roll Eyes

minersday

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Quote from: Mealea on September 14, 2019, 12:30:18 AM

It is almost impossible to believe that after developing a good project which might likely succeed because of the product, some so-called developers and teams will still go ahead and list in a shit exchange all in the name of reducing the listing fund or all in the name of no fund to list in the big exchange, if you cannot afford good exchange, why not continue with the development of the project to be able to attract the right investors, why rush to a shit exchange. So many projects that could have succeeded have been buried by shit exchange, and if you care to know, you are the reason why we still have shit exchange because the owners of shit exchange knew that some daft developers and team will surely come and list their projects. Why will someone prepare a good meal and then decide to keep it in a cabinet full of cockroaches? Wake up.

Every good project list their crypto coins on good exchange platforms. If a project list their coin on a shitty exchange platform, this should tell you that the project is a shit project on its own and was developed just to scam investors off their money. I don't really think any good project will list their tokens or coin on a platform that has no significant volume.

forexandcryptoauditor

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Activity: 1190

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One of the most important factor of any crypto related project is, Exchange. Without exchange there is no value to their product.
If this exchange is not good enough, project may get closed with full loss.
Projects should raise funds considering the budget of listing the coin on top exchanges.

10c

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Quote from: dcomomal on October 09, 2019, 07:03:23 AM

Project teams are just too greedy to realise that as soon as they will get listed on an exchange like Binance, their token would double or triple from its ICO price. But instead a listing on Probit comes and destroys the coin value completely.

Now listing on any exchange destroys the price of the project. I have not seen a single project which after ieo has grown in price and I still don’t understand why this is done

Xanxus024

full member

Activity: 434

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That's the fact because the fund is an issue in a first place and some developers think it is okay for the investors and supporters once they put their project in any exchange but they don't realize the big impact to their project once their listed their project in a shit exchange for sure it will end up worst.

dcomomal

copper member

Activity: 238

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Project teams are just too greedy to realise that as soon as they will get listed on an exchange like Binance, their token would double or triple from its ICO price. But instead a listing on Probit comes and destroys the coin value completely.

magnum cyber

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Quote from: ?? on ??

Quote from: Mealea on September 14, 2019, 12:30:18 AM

It is almost impossible to believe that after developing a good project which might likely succeed because of the product, some so-called developers and teams will still go ahead and list in a shit exchange all in the name of reducing the listing fund or all in the name of no fund to list in the big exchange, if you cannot afford good exchange, why not continue with the development of the project to be able to attract the right investors, why rush to a shit exchange. So many projects that could have succeeded have been buried by shit exchange, and if you care to know, you are the reason why we still have shit exchange because the owners of shit exchange knew that some daft developers and team will surely come and list their projects. Why will someone prepare a good meal and then decide to keep it in a cabinet full of cockroaches? Wake up.

There are many issues exchanges nowadays that are now closing because people doesn't like their services and their platform. There are only few exchanges that we should choose in order to secure our funds.

I agree with you at this time there are many good exchanges but they are not used anymore because in fact they have misled users. Pay attention again before choosing an exchange to secure your money, especially large exchanges such as KuCoin, Binance, Bittmex are good to use, the trading volume there is also large.

iv4n

legendary

Activity: 3248

Merit: 1179

Exchanges are third party services, I don`t see that shit exchange can mean an end for a good project. Good project is a good project, they will work hard to be listed on many exchanges not just one. As third party service they can`t be responsible for dumping certain coins and tokens, seller is the one who set up sell order, not an exchange.
Shitty exchanges are shitty for high trading and withdrawal fees, bad support and probably other things. If exchange is bad, don`t use it, don`t even think about holding some funds there. If you are a true believer in some project you will hold until they get listed on some better exchange, which will happen if they are a good project. Bad projects fail with or without exchanges.

lolak2

newbie

Activity: 28

Merit: 0

As a start new project should choose exchange in hurry to attract investors, and and big exchanges may require time and money, that is why they use this exchanges.
If the project is good i will buy it whatever the exchange.

andika2018

member

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Merit: 10

Quote from: Mealea on September 14, 2019, 12:30:18 AM

It is almost impossible to believe that after developing a good project which might likely succeed because of the product, some so-called developers and teams will still go ahead and list in a shit exchange all in the name of reducing the listing fund or all in the name of no fund to list in the big exchange, if you cannot afford good exchange, why not continue with the development of the project to be able to attract the right investors, why rush to a shit exchange. So many projects that could have succeeded have been buried by shit exchange, and if you care to know, you are the reason why we still have shit exchange because the owners of shit exchange knew that some daft developers and team will surely come and list their projects. Why will someone prepare a good meal and then decide to keep it in a cabinet full of cockroaches? Wake up.

Good projects are not supposed to be listed on small exchangers because they will not attract large investors. The problem with small exchangers is the small transaction volume and this makes the price manipulated.

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