Shit Exchanges, an end to good projects. - page 16.

MrGGates

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Quote from: yazher on September 17, 2019, 12:29:34 AM

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.

Exactly, there are so many tokens out there that only register tokens on an exchange that are not clear, just because of the insistence of investors and bounty hunters so there is no volume at all, it just looks like a failed project

carriebee

sr. member

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Quote from: Miklight88 on September 17, 2019, 12:54:53 PM

This is one of the reason that always made me say team also contribute a lot to the successful of their product in all ways by developing the project cos if the team don't do this project will not develop it self and also listing in best exchange is another great thing to kick the project rolling.

Even good project cannot made it to the top exchange because lack of funds. Yes by developing their product first it makes their project more successful and can make it to good exchanges. Through this way a lot of more investors attract to have this project.

JeromeL

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Quote from: BennyK on September 16, 2019, 11:46:36 PM

The exchange listings of a particular coin speaks a lot about the trading volume and liquidity of that project. Some investors even look at the reputation of the exchange listings of the project before deciding to join because it serves as a clue to the seriousness of the team. Low tier exchange have low volumes and may affect the trading of a coin if listed there, hence projects must be more concern about which exchange they choose to list their coins.

Sometimes good projects there is no chance to place your coins on the major exchanges, because they do not have the money for it. And they have to place their coins at least for some markets to fulfill their promises to investors. In the future they plan due to increased interest in your project to get a listing on the major exchanges.

letyouearn

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Quote from: Mealea on September 14, 2019, 01:30:18 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.

How exactly does "shit exchange" ruin the projects? Many teams are just trying to list their token anywhere because there are many angry investors who are waiting for any chance to sell it. And all these people are constantly whining and disturbing the team.

Miklight88

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Activity: 238

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GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI

This is one of the reason that always made me say team also contribute a lot to the successful of their product in all ways by developing the project cos if the team don't do this project will not develop it self and also listing in best exchange is another great thing to kick the project rolling.

TheWolf666

full member

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CEO of Metaisland.gg and W.O.K Corp

The developers have a lot of pressure from the Miners.
Miners want to sell their mined coins and do a quick profit.

Our blockchain is KYF (Kryptofranc), and from the first day we announced it, people were saying: "your coin is worth nothing, it is not in an exchange".
Meanwhile we still have development to do, and doing a start-up, so going in an exchange is something that we will do when we are ready but not now!

Of course, that's not what the miners wants. Most do not know anything about our projet. They have no interest into the projet itself.

I think that some coins are listening their miners and are falling under their pressure.
Going into an exchange before being ready is a risky bet, it can kills the value of the coin even before the projet is mature.

We are in a different time than when Bitcoin was alone... there are so many fake projets, people are kind of lost in the middle of a mess.

I think that real projets needs to have roots in the crypto world but also into the real world with investors and an idea that can solve real life issues. Being in an exchange is not a necessity until everything is ready, a bit like doing an IPO and going public for a company.

Pamadar

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Quote from: princehandsome on September 17, 2019, 03:47:48 AM

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.

If the team behind is concerned with the success of their works they should assess the movements that they will going to take especially adding or listing the project in any exchange, even if the investors itself are forcing them to list the coin, it's still needed to assess if such actions will make an impact to the project there's no need to push everything in rush that will only lead to failure of the project, better to stay focused developing and be much ready once the coin being added to big exchange, having solid and progressive works will bring success inside the market.

Bonwin

member

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There are many developers who make the same mistake and I have a handful of them. It is quite surprising that some of them will still go ahead to give reasons why they list on those shit exchanges. Irrespective of what the reason might be, it is better not to list.

kram31

full member

Activity: 791

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There are so many exchanges who were and are shit but can get the project moving.
HYES! not all exchanges are there to hVE THE best token in town, some are just there to keep the shit modes moving.!

dearbesz1219

hero member

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It is a pitty that low cap cryptocurrencies are interesting only if they are listed on a good exchange. But why we do not care more about other fundamental stuffs?

Sendi blackspade team

full member

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there must be a real thought. good projects will not register their tokens on shit exchange. or a good project will not sell IEO on Shit Exchange. even good exchanges will not accept projects that do not have good progress to be listed on their exchanges. that is simple thinking.

b1k4ng

full member

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Quote from: princehandsome on September 17, 2019, 03:47:48 AM

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.

I strongly agree with you, developing product first my opinion better. if they can't list on large exchange, because if they have experienced dump it will be difficult to return or exceed price of ICO, STO or IEO

xOdiumNostrumx

full member

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I would not call Bitmax a shit exchange, but it is definitely one of the main factors of Deepcloud AI's and Ferrum Network's disappointing price action after the listing, both projects deserves much more, even in those unstable market sentiments right now.

freedomgo

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Quote from: yazher on September 17, 2019, 12:29:34 AM

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.

They should not let the investors dictate, prior to the actual crowdsale, they already have a written plan on the time frame after the sale.
Listing in exchange is good but if it will only result to dump, it's better to delay the listing, let some investors complain, they can do that all day but the team has no legal responsibility to them as they accepted all the terms prior to risking their money.

The team will have to pay for the listing fee, but they would not get the benefit for their payment if they will just list in poor exchange.
I mean, they also have to carefully analyze the reputation of the exchange and never all to associate their asset to a shitty exchange.

setialovers

member

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Quote from: Mealea on September 14, 2019, 01:30:18 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.

Each developer team has a different strategy in determining the exchangers who will list their tokens. Sometimes they first choose a small exchanger to see the market's reaction, whether positive or negative with their project. If it's positive, I think they will move on to a bigger exchanger

princehandsome

full member

Activity: 731

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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.

lobo13hf

hero member

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Quote from: Thomas-s on September 16, 2019, 06:16:03 AM

Quote from: ohyeahhaha122 on September 16, 2019, 04:08:44 AM

I think projects that want to go to the top exchanges have to pay a large amount of money, but they can't afford it, so learning to choose shit exchanges for their tokens, I think good projects should look for them. Top exchanges have support for small

many large exchanges do not list projects for money, but for this, the project needs to be really good. You need to have a very strong idea, team, work product etc.

It may works only for binance but not for another big exchange site like okex which will be charging the new platform to spent okex coin as the requirements for fee listing that must be paid by the team.
Every exchange site has the different agreement and that's why you can judge them all will be under a single opinion.
So many articles about the listing fees experience that can be found through internet.

yazher

hero member

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You own the pen

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.

BennyK

member

Activity: 672

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The exchange listings of a particular coin speaks a lot about the trading volume and liquidity of that project. Some investors even look at the reputation of the exchange listings of the project before deciding to join because it serves as a clue to the seriousness of the team. Low tier exchange have low volumes and may affect the trading of a coin if listed there, hence projects must be more concern about which exchange they choose to list their coins.

fosco333

full member

Activity: 1260

Merit: 100

A good project should not using bad exchange for their token otherwise the token will die.
if the token have low volume on the exchange, new users will have doubt to buy the token.
different with trusted exchange, even new users can buying the coin because they trust the exchange.

Topic: Shit Exchanges, an end to good projects. - page 16. (Read 5381 times)