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Topic: Shit Exchanges, an end to good projects. - page 19. (Read 5407 times)

jr. member
Activity: 667
Merit: 1
September 14, 2019, 04:08:28 PM
#31
The fact is a good project will not start listing on a shit exchange ! It means a lot to a good project to list on a good exchange that has good trading volume and users ! Most times they just want to list on an exchange for investors to trade but most times it’s usually the end of it !
hero member
Activity: 2604
Merit: 816
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September 14, 2019, 07:52:53 AM
#30
I think that is because the developer and teams are not trying to choose the legit exchanges to list their tokens. Maybe they cannot pay the high fee that requires for getting a list on the exchanges. There are many possibilities why they don't try that, and we don't know what their reason is. If they can list their tokens in the legit exchanges, their token won't be buried, and even their token will have a chance to have the higher price.
legendary
Activity: 1344
Merit: 1001
September 14, 2019, 03:41:05 PM
#30
At least the team should start from somewhere, it can hurt the true believers but the experienced investors agree to face the reality. The small exchanges are not going to accept the listing query for all projects, they also make a decision depending on the size of the trading volume on other exchanges. Decentralized exchanges will solve the mentioned treatment sooner or later.

The best exchanges never want to be a target for criticism by the social media crypto experts, they will laugh hard if the shitty project is in the waitlist of the well-known exchange.  After checking the coinmarketcap, I become confident one more time in my opinion, the fake volume generator bots choose the useless tokens for increasing the daily volume. This is not a coincidence which happened to random altcoins. The reasons are not hidden from the crypto society but the bot designers aim to catch the new traders in the trap.
Ucy
sr. member
Activity: 2674
Merit: 403
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September 14, 2019, 03:33:25 PM
#29
Do you blame the "good developers" when there is alot pressure from investors to get the coins listed on exchanges?
I personally won't bother about exchange as a developer. I could help create a decentralized exchange and get my project listed there to enable members trade the coin
 If my project is good and difficult to resist, many exchanges will list it.  Listing on any exchange will be the last thing in my mind.
hero member
Activity: 2926
Merit: 657
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September 14, 2019, 07:33:39 AM
#28
If you would like to kill yoir project then list it on Latoken or IDEX. I guarantee that your coin becomes dead in few days.
absolutely, most of the coins listed on the latoken and idex exchanges do not have a good price movement, even many new coins have decreased prices when already listed, this is what I often see in these two exchanges.
Is that because traders and investors are often used those big and known names in the market. The liquidity and market volume is very important in order to attract traders and yet, Latoken doesn't have that thing and it brings to be skipped with. However, when it comes into transaction fees it all be fair, the only problem is its market price.

For the number of exchanges today, it is quite to see that some of them will lost the competition while the others keep soaring high and that is it happens with Binance. How their developers taking care of their traders is actually turning them back and giving trust which I do hope that the other exchanges also will do the same.

 
sr. member
Activity: 1204
Merit: 250
September 14, 2019, 07:10:50 AM
#27
If you would like to kill yoir project then list it on Latoken or IDEX. I guarantee that your coin becomes dead in few days.
absolutely, most of the coins listed on the latoken and idex exchanges do not have a good price movement, even many new coins have decreased prices when already listed, this is what I often see in these two exchanges.
full member
Activity: 1820
Merit: 107
September 14, 2019, 06:33:49 AM
#26
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.
Base on your thread mate it seems that you have been through a horrible experience with those so called shit exchange. BTW those so called shit exchange are in many forms even if you see it in CoinMarketCap that has a huge trading volume you must think twice before believe what you saw most of the so called shit exchange have a fake trading volume thats why if the project developer list their coin/token on that exchange with fake trading volume what can you expect? thats the truth the cryptomarket today was plague by shit exchange with fake volume. But not all some exchange has a trustworthy record like Binance that i was using since 2017.
member
Activity: 375
Merit: 10
September 14, 2019, 06:33:38 AM
#25
no Exchange bullshit, all exchanges are good, but the problem is in the developer, I have seen some tokens that are in normal exchange but have a stable price, the problem is now in the developer, dare they not build projects like saving their budgets to raise the price of their project if their tokens fall, this is not found in the various projects they have developed. sometimes the problem is that the developer just wants to set up the token, without wanting to build the token
hero member
Activity: 2800
Merit: 595
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September 14, 2019, 06:03:50 AM
#24


There are shit exchanges but there are certainly DEX which I don't think it more of a shit exchange, way even better than those mainstream exchanges. When team waits for a huge exchange and so developing their project for more investors to come will upset the investors and will brand your project instead of being a shitcoin. The team can already find ways like listing on Binance DEX by just votes from the community.
member
Activity: 1540
Merit: 68
September 14, 2019, 06:00:30 AM
#23
There is this saying that states that you are as good as the stuffs you attract

Crypto currency has a phenomenal habit, good projects will always attract good exchanges
If a project gets rejected by the top valuable exchanges; I want to believe it is because on the long run; it will be valueless
copper member
Activity: 336
Merit: 3
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September 14, 2019, 05:55:57 AM
#22
There are a lot of reasons for listing on not a popular exchange and the fist one is greed of team members. Nobody wants to give away 90 percent profit from the token sale to get listed directly on Binance and secondly, some teams are simply stupid and think that listing on five bad exchanges can replace one great exchange.
legendary
Activity: 3052
Merit: 1281
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September 14, 2019, 05:51:02 AM
#21
Well if they don't get listed on exchange every 6 out of 10 messages will be asking "when exchange?" question. So I guess after some time they just get frustrated of the same question and ends up getting their project listed on some shit no volume exchange.

Indeed it is quite annoying for the project team owner to have such inquiry every time.  I have seen some good projects that have not been listed on any exchange having this kind of message often.  Though I disagree with the idea of shit exchanges ends a good project since exchanges only offer these project a way to exchange their cryptocurrency into another cryptocurrency, at the end of the day it is the developers that drives the project to success.  If the project failed due to listing in shit exchanges, this only mean one thing, the project itself including the developers are the one to blame since they are incompetent.
sr. member
Activity: 538
Merit: 250
September 14, 2019, 05:31:01 AM
#20
If you would like to kill yoir project then list it on Latoken or IDEX. I guarantee that your coin becomes dead in few days.
full member
Activity: 392
Merit: 116
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September 14, 2019, 05:29:15 AM
#19
If the project is listed on a shit platform, I don't think it's a good project. The trading platform I want to talk about is that there is no liquidity. They do not want to pay to be listed on a good exchange, despite having received money from the investor. These are shit projects.
hero member
Activity: 1204
Merit: 502
September 14, 2019, 05:10:15 AM
#18
Exchanges with fake volume or low credibility do not bring enough trust to the project. Investors are not satisfied with results and that cause huge sellout.
hero member
Activity: 1050
Merit: 501
September 14, 2019, 05:07:42 AM
#17
Well if they don't get listed on exchange every 6 out of 10 messages will be asking "when exchange?" question. So I guess after some time they just get frustrated of the same question and ends up getting their project listed on some shit no volume exchange.
member
Activity: 574
Merit: 24
September 14, 2019, 05:05:37 AM
#16
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 won't put all the blames on the developers because many project failed in their fund raising either in ICO or IEO so they won't be able to list on better exchanges,it costs lot of money to list on big exchanges like bittrex or huobi not to talk of binance exchange
full member
Activity: 1750
Merit: 118
September 14, 2019, 04:44:21 AM
#15
if the project is promising , there will always be a demand for it no matter if their devs list it on a bad exchange  but bad projects wont get any atention even if they are listed on a good exchange   .

  i heard there are qualifications or requirements like trading volume or coin supply before a coin can be listed on an exchange  . good projects can easily get those requirments so i dont see any reason on why they wont go for it   .
hero member
Activity: 1176
Merit: 501
September 14, 2019, 04:34:29 AM
#14
Why are you so sure that the only reason behind the fate of those projects is having been listed on a bad exchange? I'm not so sure that is the only reason, maybe those projects are not so attractive to investors for any reason, or maybe the altcoin bear market is pushing them down, it's possible that having been listed on a big exchange would not have changed anything.
legendary
Activity: 3318
Merit: 1185
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September 14, 2019, 04:21:17 AM
#13
I guess they feel the pressure, but listing in a shitty exchange is really a bad idea.
They should just list it in decentralized exchange and let the project grow more so they can afford to list it in big exchanges.

The team during the crowdsale assured the investors that the coin will be listed in exchanges but like you said, sometimes it's listed in shitty exchange.
Anyway, I think we might have different definition of shitty exchange, because of the hundreds of exchanges that is operating in the market, there are only less than a hundred of exchange that is recognize by the people as a good exchange, they usually based on the trading volume.
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