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
Topic: Shit Exchanges, an end to good projects. - page 17. (Read 5407 times)
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
There are some good exchanges that are not shit and their fees are not very expensive provided the project has a good community and a dedicated team. Some developers don't take out time to make researches, they act like totalitarians pretending they know what they are doing, whereas they are deluded of working principles.
I do not really know why people keep using fees as a big denominator in deciding if exhcanges are good or not.
Think about it, for most of us, do we really trade so much? I do maybe 2/3 trades a month, I know others maybe max 2/3 weekly, what is that in a year? 150 trades? What do you save between 0.1% and 0.2%? 0.15 of your trade. Do we even trade 1 BTC?
Teams are trying to save money by entering bad exchanges and some of them even truly believe that latoken, probit and exmarkets listing can have the same value as Binance listing. It is always a bad sign if teams are acting greedy regarding exchanges.
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.
Some successful projects simply do not have enough money to list on top exchanges. I agree that this may affect the project's success in the future. 
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
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.
For listings in large exchangers, large funds are needed to pay listing fees and maybe for some new projects, the funds are better used to develop the project. For new projects, it sometimes becomes a dilemma, prioritizing listings on exchangers or funds to develop products while investors want tokens to be traded quickly in the market.
I completely agree with you, now a huge number of companies that conduct IEOs on fake volume exchanges do not collect any funds at all and because of this, these companies close immediately, or just a lot of companies collect the same softcap or even sometimes hardcap and list their tokens on exchanges with fake volume and in a matter of minutes, the price of the listed tokens drops to almost zero, and all this of course was done in order to spend less money on listing token and this of course very hurt investors and community of such projects.
Not all projects listed on a small exchange will be garbage. The small exchange has a low cost and will be easier to enter, it is certainly with the aim to be able to attract investors. And many such things could be successful, and many happened in the year 2017. Indeed now since 2018 many projects have failed. And many fraudsters utilize this condition to steal investor funds.
Yes, I agree if indeed they are business owners who are supposed to be responsible. They know more about cryptocurrencies and should be if they are seriously bound to be on the larger exchanges. I think we should be careful with the project is unclear and promising to be in the small exchanges.
Yes, I agree if indeed they are business owners who are supposed to be responsible. They know more about cryptocurrencies and should be if they are seriously bound to be on the larger exchanges. I think we should be careful with the project is unclear and promising to be in the small exchanges.
Actually mostly project always look for some exchange where they can be listed even though it is not enough to help their project grow faster. But sometimes they relying on some cheap site wherein probably for them once the site has a good rate it's enough. Wherein they dont make research behind if it's legit or not that's why sometimes they fail because of that some shit exchange that always used fake rates. Actually on this situation we cannot blame them because you know frauds are everywhere. So i hope all dev will be aware on this kind of stuff next time before listing on somw exchange.
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.
Actually there are many projects that do not do tokensale and can be listed on large exchangers. RavenCoin, for example, does not process the sale of coins but can register on Binance. In my opinion, a listing at a large exchanger can be done without requiring large funds as long as the project is good and has prospects
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
The exchange is just a part of a larger problem... the teams involved in crypto-projects are usually made of young and inexperienced people, and mostly programmers that have no clue how real business life works... this issue reflects in several things that contribute for a good product to fail, one of them is definitely the pressure of investors (also inexperienced on the crypto-market) or the rush to sell their own coins that leads to listing on a shady exchange and to the killing of the project
We investors also have our own errors in this too, when we make investment, we forget they have to go through development stage, and then we want them to quickly get inside an exchange so that we can quickly make profit out of them, if they refuse to enter exchange and they continue with development, you see many people frustrating them via their telegram group and already making them feel like they are shitcoins already.
That is why some of them are tempted to get listed on a shit exchange, and then some of them, along the line when they don’t enter shit exchange, while waiting for the time to enter a solid one, they also get carried away along and then forget about the project continuity, but this is not an excuse anyway for people.
Responsible developers will not give any excuses for the project developments. If they really have a good plan to workout with their project, they won't need to rush things out instead they will keep the project in shapes. Even there are some delays due to many factors that influenced the market, they will keep track, which is not bad in the long run.That is why some of them are tempted to get listed on a shit exchange, and then some of them, along the line when they don’t enter shit exchange, while waiting for the time to enter a solid one, they also get carried away along and then forget about the project continuity, but this is not an excuse anyway for people.
Being listed to any exchanges, both well-known and those unknown to many, should not be a concern if the team behind is really providing good developing progress. It will continue to survive without any fear from the market.
I think in Telegram, there are a lof of people who force developer to get a market. Maybe with that, that is why developer look to get shit exchanges to listed their tokens at least their tokens can be traded. I am not means that i agree with what developer do about list in exchanges that not reputable yet, but sometime they do it because get forced by people like investors or bounty hunters.
There are some good exchanges that are not shit and their fees are not very expensive provided the project has a good community and a dedicated team. Some developers don't take out time to make researches, they act like totalitarians pretending they know what they are doing, whereas they are deluded of working principles.
First thing that I want to ask to OP. What makes an exchange a shit exchange? Is it because it is not binance? Not popular? Features? Volume? There are a lot of factors. Possibly that these developers are listing their coin to unknown exchange because possibly that once these exchanges will grow of course they will grow as well as long as they are updating and progress on the project and as for me, listing to big exchange will only give pumps and dumps. I will still prefer organic growth.
You are right and I won't say the developers or team don't know what they are doing thus being an opportunity to abandon the project or could be in reality they lacked what it takes to run the project, therefore meaning it was all hype from the onset; I have seen projects that did this. As a team, even if the right amount needed to run the project, that is hard cap isn't met, there is no harm in listing in a decent exchange that won't kill the project but will help sustain it. In fact, any team listing their so called good project on a shit exchange needs to be questioned, because they have something up their sleeves.
Some developers do not want to use any fund for listing. Some of them look around for free listing, which us moist times done of decentralized exchange. Any centralized exchange that does not take listing fee, might be a shit exchange.
A good exchange will have what it takes for a good project to succeed.
A good exchange will have what it takes for a good project to succeed.
Yes. After collecting so much money during ICO, they hoard it all and start looking for free listing from Idex or Bilaxy. Look at Sparkster and DigitalBits. That is the reason why IEO is now considered a better way for fundraising by investors.
I am in support of your observation. It is always a painful thing for as many who have immensely invested in good projects to find out later that such projects are being listed in bad exchanges. It is like putting a clean cloth in dirty water which can really be so painful. I think such need to be quickly addressed as soon as possible. Majority of investors are not actually interested in hastily listing of projects in exchanges that are not profitable just because there are pressing demands from bounty hunters to sell their coins .If it will take some good project coins months to develop their coin value before listing on exchanges, I think this is much better so that every investor can greatly benefit.
With the development of now many investors are trading in large exchanges. So it would just be pointless if a project registers at a small exchange and I think it will only trash. Many projects fail because there are no buyers, preferably this project should plan registration at Pertukarang with large volumes.
A good project, of course, they have a team and serious development work. So to produce a successful project they must dare to register on a larger exchange.
A good project, of course, they have a team and serious development work. So to produce a successful project they must dare to register on a larger exchange.
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