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Topic: Shit Exchanges, an end to good projects. - page 12. (Read 5400 times)

sr. member
Activity: 819
Merit: 251
October 06, 2019, 12:27:41 AM
Totally agreed into this. Some developers are forcing their good project tokens into shit exchanges that's why the token will be bought in there at the first time listing and then the following days will be doomed. The value of the token will just keep going down. If they just only waited to be listed in some good exchangers for sure the value would increase and the token will be level up. Maybe it is the right time that any new projects will be collecting or sepate a money just to listed in major exchanges so that the value of token will not be doomed.
full member
Activity: 1344
Merit: 102
October 06, 2019, 12:05:50 AM
Well I guess the reason why they want to listed in shit exchanges it's because of cheap listing. They really don't want to list in big exchanges because you know too expensive. I've heard millions of dollars to get listed, I don't know if that is true, that is too much. Well the dev said that when someone asking when they will list in big exchange.
hero member
Activity: 1302
Merit: 577
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October 05, 2019, 11:47:17 PM
If the project is listed on a shit platform, I don't think it's a good project. The trading platform I want to talk about is that there is no liquidity. They do not want to pay to be listed on a good exchange, despite having received money from the investor. These are shit projects.

Basically the projects do not want to pay the listing since the amount of listing is sometimes depends how good or popular the exchange is. In that case, low quality projects have no choice but to list on low quality exchange as well. But it still depends, maybe the projects team aren't really giving their support to their coin, disregarding the investors and are selfish to their projects profit.
Even a quality project sometimes use  to list it in not so popular exchange ,maybe becuase they dont want to use the funds raised  in development for listing.
There are many project do this things not thingking  that if they will list it in popular exchange the volume and adoption of this project will increase .
sr. member
Activity: 1274
Merit: 278
October 05, 2019, 11:32:49 PM
If the project is listed on a shit platform, I don't think it's a good project. The trading platform I want to talk about is that there is no liquidity. They do not want to pay to be listed on a good exchange, despite having received money from the investor. These are shit projects.

Basically the projects do not want to pay the listing since the amount of listing is sometimes depends how good or popular the exchange is. In that case, low quality projects have no choice but to list on low quality exchange as well. But it still depends, maybe the projects team aren't really giving their support to their coin, disregarding the investors and are selfish to their projects profit.
sr. member
Activity: 448
Merit: 250
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October 05, 2019, 10:52:06 PM
I think reliable exchanges is play very imimportant role to grow up any projects. And trading volume will be huge increasing by the biggest exchanges. Many projects have strong liquidity and potential development but which is cannot survive long term for listing in shit exchange and it’s mainly responsible to make dead within very short term. A few millions dollar raised project will going dead for the low quality exchanges like as Latoken,Exrates and Exmarkets. But of course huge amount of dollars need to be reach big exchanges.                       
It depends on an exchange. There is a lot of scam places that don't pay out money.
hero member
Activity: 1932
Merit: 506
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October 05, 2019, 10:06:11 PM
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.

You are right but sometimes the team of the project will be force also to list in an exchange that they can afford because of the bounty hunters and the investors that are pushing them when exchange?

These are the common questions that will pop up anywhere in their social media channels if they will not list their coins base on their target roadmap.
hero member
Activity: 1274
Merit: 519
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October 05, 2019, 09:25:25 PM
There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission.
Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.

Well investors should understand the current market state. Putting a project in any exchange would not put a value to a coin. It is only a waste of money that could have been used for project development. Sometimes it is not just the developers that should be blamed why some qlts are dying, it is sometimes investors fault.
sr. member
Activity: 1344
Merit: 270
October 05, 2019, 09:19:52 PM
I found many cases like this with listing some coin have raised hard cap and success sold out in ICO sale by listing with shit exchange market and make price ICO coin down lower than ICO price, I invest with many ICO success reached hard cap but become lower price by dev is not trusted with listing on shit exchange market.
sr. member
Activity: 1587
Merit: 271
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October 05, 2019, 04:53:21 PM
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.

Maybe we often see new projects after completing ICO and IEO, they register for exchanges that are classified as low, or do not have users. Yes, I think it's true what you said, after all this time running the project, then their ending made it to an exchange with no users. This will make the token die in the exchange. But signing up for an exchange like Binance is also very difficult. Because of exchanges like Binance many coins are listed, so it takes a long time to do it.
full member
Activity: 434
Merit: 100
Distributed Intelligent IoT Technology
October 05, 2019, 04:02:46 PM
It is funny to see Latoken as a exchange with the highest trading volume on Coinmarketcap. The reallity? If you want to buy/sell cryptocurrencies here you will have a rela problem with enough liquidity.

Of course, they are so inflated trading volumes that it is ridiculous to look at. I do not think that anyone believes these volumes at least among experienced users. I think Latoken is an exchange on which only shitcoin is traded.
sr. member
Activity: 924
Merit: 275
October 05, 2019, 03:27:34 PM
There are now many bad exchanges due to its bad customer support and also bad reputation from the community. We should only use the exchange with good reputation from the community and have good service. 
full member
Activity: 532
Merit: 100
October 05, 2019, 03:25:28 PM
I also believe that the listing on the stock exchange is not a mandatory factor for the success of the coin. For some reason, many developers dont understand this and believe otherwise. Personally, I also believe that the team is better not to rush and listing coins to do on a larger exchange.
legendary
Activity: 1386
Merit: 1001
October 05, 2019, 02:35:28 PM
It is very expensive actually to list a new coin or token on any top-level exchanges like Binance and Kucoin. And it takes a long time too. That's why the developers of so many projects decide to list their tokens in exchanges with the low volume of trading, or shit exchanges.
It is affecting the project surely, because not all potential investors would trust easily such exchanges.
legendary
Activity: 1264
Merit: 1008
October 05, 2019, 02:28:23 PM
It is funny to see Latoken as a exchange with the highest trading volume on Coinmarketcap. The reallity? If you want to buy/sell cryptocurrencies here you will have a rela problem with enough liquidity.

Many exchanges as Latoken at crypto market. Just fake volumes. Latoken is ok, most of the users know it is shit exchange.
How about Okex and Huobi? A report published that more than 90% volume of Okex not real and more than 60% of Huobi. May you the report also answer of the Okex CEO.

Okex CEO claimed that they can prove at least 10% of their volume is real.  He want to show 11% Smiley

Shitexchanges = low volume or faked volume are then biggest danger at crypto
hero member
Activity: 1008
Merit: 501
October 05, 2019, 02:19:29 PM
I think reliable exchanges is play very imimportant role to grow up any projects. And trading volume will be huge increasing by the biggest exchanges. Many projects have strong liquidity and potential development but which is cannot survive long term for listing in shit exchange and it’s mainly responsible to make dead within very short term. A few millions dollar raised project will going dead for the low quality exchanges like as Latoken,Exrates and Exmarkets. But of course huge amount of dollars need to be reach big exchanges.                       

I agree with you. Because we saw lots of good project's coin price become trash only because of shit exchange. I had a big hope on WES token last year, even they had real use cases. But when they listed on Latoken exchange, the project started falling down and now there is no WES token anymore! But sometimes it can be different. If you Don't have products or any kind of use cases for a long time then your project's token value will be trash! In Binance, hundreds of coins listed and many coins are like dying badly. 
sr. member
Activity: 966
Merit: 254
October 05, 2019, 02:14:01 PM
It is funny to see Latoken as a exchange with the highest trading volume on Coinmarketcap. The reallity? If you want to buy/sell cryptocurrencies here you will have a rela problem with enough liquidity.
member
Activity: 141
Merit: 10
Cryptotalk.org
October 05, 2019, 01:11:05 PM
You are  point  most  project  kill their  by listing their token or coin on shit exchange.  When  you list your  token  on shit exchange  how would you expect  serious investors to  get  to  trade your  coin or token.  because  serious investors  only  trade on bigger exchanges.  So  i always advise projects  that  instead  of listing on many  shit exchanges  its  better  to use that  money to pay   to  get listed on 1 bigger exchange. 
yeah, but I think the reason why other good project ended up in a shit exchange or a small exchange its because they dont have enough money or funds to take their project to a good exchange, we all know that for a good exchange they need at least 3btc for a 2 pairs only (eth and btc) nowadays project has a small profit because of many competitors. i hope projects have their own fund before going in an ieo or ico.
they will slaughter good projects and even shitcoins are mix with the good ones.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
October 05, 2019, 12:37:57 PM
You are  point  most  project  kill their  by listing their token or coin on shit exchange.  When  you list your  token  on shit exchange  how would you expect  serious investors to  get  to  trade your  coin or token.  because  serious investors  only  trade on bigger exchanges.  So  i always advise projects  that  instead  of listing on many  shit exchanges  its  better  to use that  money to pay   to  get listed on 1 bigger exchange. 
yeah, but I think the reason why other good project ended up in a shit exchange or a small exchange its because they dont have enough money or funds to take their project to a good exchange, we all know that for a good exchange they need at least 3btc for a 2 pairs only (eth and btc) nowadays project has a small profit because of many competitors. i hope projects have their own fund before going in an ieo or ico.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
October 05, 2019, 12:32:40 PM
You are  point  most  project  kill their  by listing their token or coin on shit exchange.  When  you list your  token  on shit exchange  how would you expect  serious investors to  get  to  trade your  coin or token.  because  serious investors  only  trade on bigger exchanges.  So  i always advise projects  that  instead  of listing on many  shit exchanges  its  better  to use that  money to pay   to  get listed on 1 bigger exchange. 
sr. member
Activity: 2226
Merit: 259
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October 05, 2019, 11:37:36 AM
I think reliable exchanges is play very imimportant role to grow up any projects. And trading volume will be huge increasing by the biggest exchanges. Many projects have strong liquidity and potential development but which is cannot survive long term for listing in shit exchange and it’s mainly responsible to make dead within very short term. A few millions dollar raised project will going dead for the low quality exchanges like as Latoken,Exrates and Exmarkets. But of course huge amount of dollars need to be reach big exchanges.                       
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