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.
yes I think why a team from any project must be urged if the bounty hunter and the investors because they all want to sell coins that they buy earlier, after the team of the project makes the initial step of melisting tokens on the shit exchange 
Topic: Shit Exchanges, an end to good projects. - page 18. (Read 5407 times)
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.
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.
You are very right, exchanges matters a lot, listing in such exchanges, projects we consider as good might end up failing because of the exchange, most times those shit exchanges lacks volume and projects end up being dumped . That is why developers should wait to raise enough fund for good exchanges before listing.
Its not that they dont want to get listed on a fair exchange. Why not listed on a small fry exchange if its free? They say the more the merrier. Actually some believe that listed on a major exchange is good than listed on many shit exchanges. Well they have a point but also, being listed in many exchanges can also add popularity on the project. You can blame the devs or management if they dont have enough funds for a major exchange at least they tried to get listed.
I think the only and simplest reason is because of money, those exchanges are usually free of charge, listing tokens, or requiring very small fees. If the projects are really good they will spend money on big exchanges, so instead of blaming exchanges, re-evaluate the projects.
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.
I feel sorry for investors who can only trade their coins to a lowly exchange and the developers are not moving to list it in a much bigger exchange, they don't care about the zero volume and a very low price as long as they have the funds, they set up the platform, it's enough their alibi is the market is not in a good confition.
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 can you be buried by an exchange? Every single exchange helps you to provide more liquidity for token/coin. There is impossible to be to many exchanges. But yes if there are to many then on some that coin will be just listed but no one or rare will trade it.
When you came to this industry and most likely there is many people who come to cryptocurrency industry is just for money. Remember when 2017 come and the bull run was started there was many project who gain a huge profit because they were exploit the situation and hype situation to close eyes the investor. Because after that only a few project who stand and successful to face many problem because the token project can be use well by many investor.
This is a learning for us, when we find new project either it is an exchange or token then we have to find the utility of them. Don't only choose the project who offer huge profit because it will blowing you, just pick the reputable team and that is very much at this time. I totally agree with you, when some new exchanges or project who end up in scam and have gave a huge lost is because the user itself some of them who prometed the project. So the solution is make ourselves be filled by knowledge and I believe we never find this situation again.
This is a learning for us, when we find new project either it is an exchange or token then we have to find the utility of them. Don't only choose the project who offer huge profit because it will blowing you, just pick the reputable team and that is very much at this time. I totally agree with you, when some new exchanges or project who end up in scam and have gave a huge lost is because the user itself some of them who prometed the project. So the solution is make ourselves be filled by knowledge and I believe we never find this situation again.
There are lots of reason why their tokens are listed on shitty exchange. One of it is budget. They couldn't afford big exchange such as Kucoin, Binance etc. The other reason is they want investors to calm down so all they gotta do is get their token listed even on the cheapest exchange and the last reason for me is Some devs make it as their exit scam.
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.
I agree with you mate because the developer even that was called a good project is too greedy to get the funds and they don't wanna spent it to be listed on the big exchange site. Even to be listed in a crap exchange like coineal needs 11 bitcoin and that's a huge amount for the developer to waste its funds. A good exchange will have what it takes for a good project to succeed.
This is why a good project always ended with crap exchange site and so many dumps around this project caused by the dev is a crap.
You can check telegram group or social sites. After successfully funds rise, investor force to devs to exchange listed. Where exchange listed price is huge so devs choice is for shit exchange if funds rise isn't enough.
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.
Somehow, exchanges really make a good impact on a project so if the team wants to succeed they will look for a more good exchange even if they pay huge fees. Shit exchange is useless for a project, for sure they will just failed because of no volume at all. This kind of expenses should anticipate by the team and make a good decision. A good exchange will have what it takes for a good project to succeed.
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.
You have said it all but sometimes the team lists their token in shit exchanges so as to exit scam later on, therefore no one can really blame them that much. Last year it was rampant, many hype projects did it ; they planned it very well that you will almost believe they will list on good exchange only to end up listing on a shit exchange where the price dropped badly and thereafter they disappeared. Furthermore, I don't think a team with the aim of building a valuable platform will ever think of listing in the shit exchange, it is all about of the plans of fraudulent team.
to register on a shit exchange the cost is free and cheaper than a benefit exchange. I do not know, developers must have their own considerations. It's just very disappointing when the token listing on shit exchange with liquidity and small volume, it is certain that prices are difficult to develop and tend to dump. so, don't just blame the bounty hunter for the price dump, even traders and other investors are not interested in seeing the token.
I concur with some opinion passed on this post. The truth is most dev fails to understand that establishing utility for their currency is most esential.I still insist the exchange are not responsible for the poor performance because if truly this coins are of value, they wil be of high demand and liquidity on exchange...
Your facts are right though, but I see it in another way. Any "good" project which goes ahead to list on a shit exchange purposely does so and as such questioning the genuineness of that project, that is, is it really a good project? Most times a project might be filled with hype and once the team have collected enough funds will proceed to list in a shit exchange with the excuse that they want to develop their products, the exchange of course will help kill the price in the end, the team will blame the exchange and that's the end of the project; no one will hear anything again about it as investors will partly blame the exchange as well as the team.
It is very correct. If the project is genuinely legit and good, they won't even think of listing their coin to a shitty exchange. They will wait for the right timing to be listed in a decent exchange and will not be rushing things. So if a project has been listed in what you called a shitty exchange, you start to doubt their real intentions and they might not really be up for long-term investments. The dev team will blame others for what is happening but the truth is it is themselves who are making their path in crypto.
Your facts are right though, but I see it in another way. Any "good" project which goes ahead to list on a shit exchange purposely does so and as such questioning the genuineness of that project, that is, is it really a good project? Most times a project might be filled with hype and once the team have collected enough funds will proceed to list in a shit exchange with the excuse that they want to develop their products, the exchange of course will help kill the price in the end, the team will blame the exchange and that's the end of the project; no one will hear anything again about it as investors will partly blame the exchange as well as the team.
Sometimes it's not the fault of developers, but rather investors. Many people want to become rich overnight, thereby mounting pressure on developers to list even when they're not ready.
One reason is that projects is really testing the market first that's why they listed their coins in a shitty exchange, or maybe they get a good deal with the people behind the less famous exchanges. Or maybe the CEO of the project has a close relationship on the founder of an exchange. That's why you can't really blame them for listing it to that platform. This is a free market, developers have every right to do anything here, just like what traders or speculator do with their tokens as well. I'm not defending them, it's that it is also unfair to blame everything that's happening to the market to the project itself. We put pressure on them to get listed, and then when they do listed their tokens, we complain and bitch around.
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