Topic: Shit Exchanges, an end to good projects. - page 14. (Read 5400 times)
A good project will always remain a good project, even if they list it in a lowly exchange, but it's not recommended that they prefer a lowly exchange over a good one, and a good project has in their roadmap goal to list in a much bigger exchange, it's just that they want to list their coin as early as possible, so their investors can trade, but they will eventually get listed in a good exchange, they know that a good project must be in a good exchange.
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.
IMO the most important reason is listing fees, these exchanges charge a very small fee, unlike other major exchanges. That will help the project live up to its promise in the roadmap of listing on the exchange. Then they will gone with investor's money. 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.
Often not the best projects produce listings on bad exchanges just to make the appearance of some activity. Show investors that the project is fulfilling its promises, because most often such projects do not say in advance which exchange they will list. Note that all good projects conducting listings on the largest exchanges did not fall in price as it happens constantly on bad exchanges.
Reserved
If a project is good, even if it started on a shit exchange it will find it way into medium and big exchanges. The issue with this is the impatience of investors, they want to buy a tokens today and start selling it today, just go to telegram group of these projects not yet on exchange, the talk is always when are you listing on exchanges
shit exchange is a one way to provide temporary exchange so that the community will not raging because they have exchange. I do agree with you, if the project is really good and the volume proven to be quite high also the hype some big exchanges may interested to list the coin and that comes with cost aswell I guess just like usually from popular exchanges. 
This has really being the nature of most projects, but after taking such steps you will realize the project will just die. As for me, I don't think a team who want a future for their coin will list on a shit exchange, any team doing such have another motive. At the same time, I don't support spending huge to list on top exchanges, but it won't be bad getting started on a good exchange which will give the project exposure thereby in the near future they can list on other exchanges.
I think this is the flaw of the project team, as they couldn't care less about the association with investors, that is the reason they need to profit from investors, at that point they never again care about the estimation of the token. since they don't deal with their accounts the best and have made it a loss to list on a little exchange.
so we can't consider it a decent project, despite the fact that their thought is extraordinary however their team is awful, that project is as yet an awful project
so we can't consider it a decent project, despite the fact that their thought is extraordinary however their team is awful, that project is as yet an awful project
If a project is good, even if it started on a shit exchange it will find it way into medium and big exchanges. The issue with this is the impatience of investors, they want to buy a tokens today and start selling it today, just go to telegram group of these projects not yet on exchange, the talk is always when are you listing on exchanges
Sometimes it not just because a good project is trying to cut listing fee, just to list on shitty exchanges. But as we all know that there are lots of good project that failed to reach hardcap, this might affect their listing on proposed big exchanges, although some projects team are greedy and just wanna list so as to get it dumped in exchange, but not all dump for this motive
The major exchanges (Binance, Huobi, OKEx.etc) have recently increased their listing fee very sharply and many of the smaller and medium-sized projects can no longer afford listing in such exchanges. That said, I don't think that the inability to list in a good exchange affects the future viability of the project. If a project is a good one, then it will survive no matter how bad the exchanges are. On the other hand, if the basics are not good then even a Binance listing is not going to help.
One thing that I would suggest to the smaller projects is to delay the listing. If they are short of funds, then they can limit the trading to DEX platforms. Once the ICO is over, they will be having enough funds to proceed with the project. Listing in any of the major exchanges is not a mandatory requirement for these types of projects.
I think some of these big exchanges too are beginning to take advantages of people by putting thousands of dollars to list a project that is even not going to worth it, it seems to me that they are now opportunist, having knowing what is going on in the ICO sector, and knowing that the chances of the altcoin even surviving is low, they want to quickly exploit them and make so much form them.One thing that I would suggest to the smaller projects is to delay the listing. If they are short of funds, then they can limit the trading to DEX platforms. Once the ICO is over, they will be having enough funds to proceed with the project. Listing in any of the major exchanges is not a mandatory requirement for these types of projects.
I don’t see what they are charging such huge amount of money for, and some stupid project and some gullible team are actually paying it, if they had all rejected the fee, by now, many of these big exchanges would have forced their listing fee now. Now, please do tell me exactly what service does the exchange offer that they collect so much money? I even learnt of recent that binance was beginning to ask for a protection fee against hacking, can you just imagine that annoying thing?
what really ends a good project is the holders
they dump the coin to get profit and move on, I don't think its the exchange fault
they dump the coin to get profit and move on, I don't think its the exchange fault
It is much better to collect more money and to get listed on an exchange with real and big trading volume like Binance, Huobi or Kucoin, rather than to keep getting bad listings on exchanges outside top 10 exchanges without big user base and trading volume.
What is better, listed on shit exchange, or not listed on any exchange ? I think it is better to postpone the listing,
so it can listed on a better exchange. Listing on exchange is very costly, it will be wiser to use the money for the development of the project and marketing to promote the project.
so it can listed on a better exchange. Listing on exchange is very costly, it will be wiser to use the money for the development of the project and marketing to promote the project.
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.
The major exchanges (Binance, Huobi, OKEx.etc) have recently increased their listing fee very sharply and many of the smaller and medium-sized projects can no longer afford listing in such exchanges. That said, I don't think that the inability to list in a good exchange affects the future viability of the project. If a project is a good one, then it will survive no matter how bad the exchanges are. On the other hand, if the basics are not good then even a Binance listing is not going to help.
One thing that I would suggest to the smaller projects is to delay the listing. If they are short of funds, then they can limit the trading to DEX platforms. Once the ICO is over, they will be having enough funds to proceed with the project. Listing in any of the major exchanges is not a mandatory requirement for these types of projects.
sometimes it really make a good coin vanish even if its listed in a grear exchange, the reason why is that at the start of project where in developers needs funds for it, they will make an ico or selling of the coins to public well yes they get money and be able to list the coin to an exchange, or even shitty exchange sorry for the words,
but what makes the coin faith is decided by the holders and the creator, imagine thousands of the coin being dump in seconds , what will the other people think, its not a good project simply because a lot of the people holding it taking profit and leave the coin in dust that's really the truth no matter if its good or shitty exchange we the holders and the creator decides what will be the faith of a token/coin
but what makes the coin faith is decided by the holders and the creator, imagine thousands of the coin being dump in seconds , what will the other people think, its not a good project simply because a lot of the people holding it taking profit and leave the coin in dust that's really the truth no matter if its good or shitty exchange we the holders and the creator decides what will be the faith of a token/coin
In my opinion, Maybe they want to make a strategy to overcome the dump by Bounty Hunter and register at the shit exchange so that bounty hunters dispose of their tokens at a low price and then buy them at a much cheaper price. but the selection of exchange also does not have to choose a very bad exchange, choosing an exchange that has a bad reputation will actually make the coin's credibility decrease (maybe this is the reason why coins become junk). The last reason might be because the listing fee is quite expensive, but at least choose an upper or middle exchange standard so that many are interested in trading on the exchange.
Every project would want a listing in a large exchanger but the developer team has their own strategy.
Of course, every developer has own strategy but I think it is not a good idea by listing their tokens/coins on shit exchanges. It must kill the trust of all investors and it tends to the severe decline constantly.
~snip~ to see the market reaction or also because the listing fee is too large and they are more focused on developing their products
I agree one of the reason is about the high fees for listing on big exchanges. But I doubt if they want to see the market reaction by listing on small exchanges in the early step. I think it is better to put tokens/coins on medium-top exchanges to trigger more investors or holders.
Sometimes the developers only have this way to do this, to start trading as soon as possible. If the developers do not do this, they may lose a portion of their investors or lose the credibility of their coin.
The inclusion in exchange platforms even if weak gives credibility to the coins
The inclusion in exchange platforms even if weak gives credibility to the coins
High credibility projects will not register its tokens in a weak exchange. Many of us watch shitcoin project was listed in bad exchange because the team cannot fulfill the requirements to enter a significant exchange.
Most coins never go to major exchanges. There are many reasons for this. For example, the reason may be that the developers of some coins were not going to fulfill their promises, but simply raised money and stopped further development of the project. Also, some teams have conflicts inside, which hinders the development of projects. In any case, no matter how attractive the project’s roadmap, you should invest in his with caution.
Might not totally be the developers or teams fault, sometimes they might be facing fund issue to list on big exchanges, its not that easy as many think it is, if you list on big exchange with over 10btc how many fund will remain for the project development? Lets stop blaming these people its not easy to be a developer Jump to: