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Topic: Shit Exchanges, an end to good projects. - page 15. (Read 5381 times)

hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
September 21, 2019, 06:08:30 AM
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.
and invest no more than 5 percent of your deposit. everything happens in this market very unpredictable and therefore it is better to be prepared for everything
sr. member
Activity: 994
Merit: 260
September 21, 2019, 05:47:27 AM
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.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
September 21, 2019, 05:21:20 AM
You said a very big truth. I have the same feeling, why these good projects commit suicide by listing on shit exchanges. I know a lot of good projects who are now dead because of no volume on exchanges, no investors at all. For example, I want to mention the Iconiq project, such a big project it was. Exchange price was 0.80$ after listing, but later they went through another sale to raise 2 Million USD, but the sale was disastrous! The chose GBEX exchange, which has a very few numbers of investors. So, there is no volume. ICNQ coin buyers listed on IDEX without team permission, but that IDEX helped to keep a minimal number of the volume. But now, ICNQ is a dead project, I liked its CEO very much, he was so friendly and active, but he failed miserably!
member
Activity: 311
Merit: 10
September 21, 2019, 04:51:09 AM
I understand you man, often ask myself the same question. For example, district project (3DC), has good product work hard on it every day, made reports every month how developing goin on, snf listed on crex24 with now volume, zero marketing. Why?? Only now team create marketing and brand branch
full member
Activity: 1050
Merit: 101
September 21, 2019, 04:44:47 AM
I agree with this. It's a hard for a new project to be listed on a decent exchange that's true but there are not suspicious exchanges to start from and when this happens it is a good sign for me. But when a project starts with suspicious exchanges (YoBit for example) it can be done with a purpose of wash trading or fraudulent actions IMHO.
There are still people who trust yobit, so as long as it has a great volume, I think it could also attract more traders and investors.
It's not only based on exchange as every has different experience and in an exchange, yobit could be bad for some, but there are people who are still using the exchange until now. it's already here for many years, I still remember in the past when I invested with Waves, IIRC, they are the one to list Waves but as we can see, waves still survive now because it's a legit project.
I see your point. I've traded on yobit recently but with low volume and everything went clean. I agree that all the exchanges attract traders and investors and could help to discover the project. But on the other hand - such exchanges should be a start-up phase for the better exchanges if the project is legit.
newbie
Activity: 13
Merit: 0
September 20, 2019, 05:50:17 PM
I do not understand why new projects place their coins on shitty exchanges. Even if they do not have the money to place their coins on normal exchanges, it is better then to use the most popular decentralized exchanges.
That's correct, decentralized exchange has a good reputation than some small centralized exchange.
Some centralized exchange are accused of wash trading that's why they have a bad reputation, but in decentralized exchange, we cannot do that, it's the real volume that we are seeing coming from a real traders.

There are only few decentralized exchange now compared to centralized exchange but let's hope with Binance DEX, it will be able to lead the DEX market to gain popularity to attract traders. Binance DEX is still new, launched this year but was able to maintain a decent volume of at least $1 million 24 hours trading volume. https://coinmarketcap.com/exchanges/binance-dex/

Before you get all gushy about Binance Dex - just know in its final state and release it isnt a true DEX  by any stretch of the imagination.
https://www.youtube.com/watch?v=JSCAelH_iuk
https://www.youtube.com/watch?v=nQjEpOr4I6U

https://cryptopotato.com/binance-and-neo-accused-by-blocknet-for-stealing-info-used-to-build-binance-dex/
https://en.cryptonomist.ch/2019/02/22/blocknet-accuses-binance-dex/
https://www.chepicap.com/en/news/7613/blocknet-reveals-evidence-binance-stole-technical-info-to-develop-dex.html
https://bitcoinexchangeguide.com/blocknet-alleges-binance-dex-contains-stolen-technical-data-from-its-blockdx-decentralized-exchange/

The main issue of a wallet to wallet real dex is the perception of liquidity.

its catch 22 with a wallet to wallet real dex - we are pretty makers in each case - most people don't do that. They want to get in and out.

So if you are not online - when I post my buy or sell I need to wait for you to come online to buy or sell in a true fully 100% decentralized dex with wallet to wallet trading






full member
Activity: 952
Merit: 104
September 19, 2019, 07:54:20 PM
A shit exchange somehow reflects the quality of the project itself. Why would a high quality project, with good partners, working products, and so on settle for the like of YoBit, for example? Exchange listing is needed as soon as there is already utility. They need that for the investors to be able to have access to their coins. However, if they are listed on shit exchanges, that means they are simply discouraging investors away.



Perfectly correct mate, why we need to patron it is we know it's worthless. No need to argue with this we ned to decide or choice exchnage wisely before put an investment. To avoid worries for the psosible loses of our money in a quick... If learn well before judge it because there have shit exchange begun to be popular and develop well.
full member
Activity: 840
Merit: 101
September 19, 2019, 07:44:07 PM
It is the same thing for me, I don't see any reasons why good projects put their coins on the exchanges that won't people won't even mind trading in to. It is just ruining the project for me. And even though a lot of people always asking the devs on telegram on when is the listing on the exchange is going to happen, and they are getting pressure out of it, there are good projects that managed to list on binance without taking so much time.
full member
Activity: 938
Merit: 105
September 19, 2019, 07:43:57 PM
#99
registering coins on a bad exchange is not a good idea because it will make the price of a coin have no value. actually it depends on the development team in the project if they are not able to register their coins on a large exchange then it is better not at all than to go bankrupt or become a dead coin. it's true that shit exchange will kill a good project.
Good projects have study their market and wont choose shit exchange where to market it because that could affect the development of it. There are many popular exchange which offer low fees and safer and exists for long term that nothing happen suspicious, which has strong security.
But the most and the real things happen by now is that some promising projects turn into nothing cause they are already listed at low volume exchange where it rarely visited by the investors. If project owners want to move their project and succeed, they exert their effort to be listed on the reputable and high volume exchange but they don't. Instead, they let those things to happen and not even giving words for the cause.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
September 19, 2019, 07:30:50 PM
#98
I do not understand why new projects place their coins on shitty exchanges. Even if they do not have the money to place their coins on normal exchanges, it is better then to use the most popular decentralized exchanges.
That's correct, decentralized exchange has a good reputation than some small centralized exchange.
Some centralized exchange are accused of wash trading that's why they have a bad reputation, but in decentralized exchange, we cannot do that, it's the real volume that we are seeing coming from a real traders.

There are only few decentralized exchange now compared to centralized exchange but let's hope with Binance DEX, it will be able to lead the DEX market to gain popularity to attract traders. Binance DEX is still new, launched this year but was able to maintain a decent volume of at least $1 million 24 hours trading volume. https://coinmarketcap.com/exchanges/binance-dex/
member
Activity: 242
Merit: 10
CurioInvest [IEO Live]
September 19, 2019, 06:34:33 PM
#97
I do not understand why new projects place their coins on shitty exchanges. Even if they do not have the money to place their coins on normal exchanges, it is better then to use the most popular decentralized exchanges.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
September 18, 2019, 08:44:36 AM
#96
This talk of real use cases, open your eyes. There is not a single use case that has been massively adopted except trading and holding for speculation. The so-called shit exchanges are not the cause of a project's lack of investor interest. It is the actual project and its lack of awareness campaign. Nano had large daily trading volumes in a shit exchange before it was added to Binance for free.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
September 18, 2019, 08:36:26 AM
#95
Imo if it's really a good project and they earn huge amount of money from their investors they would really list it in a good and reputated exchanges. Usually projects that are listed in shit exchanges don't earned much from their crowdsale and just forced to list their coin because their investors are rushing them to do it. If a good project becomes listed on a shit exchange then the team are only into money.
this is not always like you said. there are some projects that simply do not need to lists on any major exchanges from the early beginning. they just don’t need to pay a lot of money for listing on such exchanges
hero member
Activity: 2352
Merit: 594
September 18, 2019, 08:03:49 AM
#94
Imo if it's really a good project and they earn huge amount of money from their investors they would really list it in a good and reputated exchanges. Usually projects that are listed in shit exchanges don't earned much from their crowdsale and just forced to list their coin because their investors are rushing them to do it. If a good project becomes listed on a shit exchange then the team are only into money.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
September 18, 2019, 07:40:45 AM
#93
I agree with this. It's a hard for a new project to be listed on a decent exchange that's true but there are not suspicious exchanges to start from and when this happens it is a good sign for me. But when a project starts with suspicious exchanges (YoBit for example) it can be done with a purpose of wash trading or fraudulent actions IMHO.
There are still people who trust yobit, so as long as it has a great volume, I think it could also attract more traders and investors.
It's not only based on exchange as every has different experience and in an exchange, yobit could be bad for some, but there are people who are still using the exchange until now. it's already here for many years, I still remember in the past when I invested with Waves, IIRC, they are the one to list Waves but as we can see, waves still survive now because it's a legit project.
full member
Activity: 1050
Merit: 101
September 18, 2019, 04:27:52 AM
#92
I agree with this. It's a hard for a new project to be listed on a decent exchange that's true but there are not suspicious exchanges to start from and when this happens it is a good sign for me. But when a project starts with suspicious exchanges (YoBit for example) it can be done with a purpose of wash trading or fraudulent actions IMHO.
member
Activity: 504
Merit: 16
September 18, 2019, 03:30:20 AM
#91
Every developers that aims to achieve success in crypto space must do the following on my list
1. Deliver real use cases which will surely attract big investors
2. Be determined, challenges will occur, be ready to tackle
3. Go straight for bigger exchange, i believe doing this will keep the coin or token alive with better market cap ,volume and liquidity
full member
Activity: 952
Merit: 107
September 18, 2019, 03:27:22 AM
#90
registering coins on a bad exchange is not a good idea because it will make the price of a coin have no value. actually it depends on the development team in the project if they are not able to register their coins on a large exchange then it is better not at all than to go bankrupt or become a dead coin. it's true that shit exchange will kill a good project.
Good projects have study their market and wont choose shit exchange where to market it because that could affect the development of it. There are many popular exchange which offer low fees and safer and exists for long term that nothing happen suspicious, which has strong security.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
September 18, 2019, 12:19:07 AM
#89
There are exchanges that charge cheap fees to list their tokens so instead of using the fund to list to a known exchange, they'll take the gamble to that small exchange especially if their tokens were sold out.
The investors can't do anything about that because their money has been locked in and there's no way for them to retrieve it but by simply following the update of where the token is about to list.
full member
Activity: 588
Merit: 101
September 17, 2019, 10:38:56 PM
#88
And most of those exchanges don't have a high volume. tokens that listed on that kind of exchanges are prone to being bankrupt.
we saw the many examples of such coins because of the nagging of their participants on telegram they force themselves to list their coins on some kind of bad exchanges.
even if there is a volume it is often fake. Yes, sometimes listing exchange becomes a long-term plan of the project, if the project is good then it is already listed in the roadmap, often bounty hunters do not understand that and as you said they always ask for tokens to register immediately. So, for everything to run smoothly, understanding and announcements need to be given at the outset, as a bounty hunter must also be wise and accept everything with all the risks.
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