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Topic: Shit Exchanges, an end to good projects. - page 5. (Read 5400 times)

full member
Activity: 1638
Merit: 122
December 06, 2019, 09:22:58 PM
Most of the developers have a good plan for the development of their product but it gets ruined after they listed their coin in shit exchange. It called shit exchange because it has fake market capitalization and volume. Most of the coin listed in shit exchanges are now dead or delisted because of no demand in the market.

ouch that so sad and bad to hear  .

this should be a wake up call for those who wanted to make a good coin or a good project  .

 if they want it to be succesful then they should start saving a good budget to list that coin onto a good exchange because people do also pick a good exchange before they decide to buy a coin  .
sr. member
Activity: 1456
Merit: 359
December 06, 2019, 09:16:18 PM
Most of the developers have a good plan for the development of their product but it gets ruined after they listed their coin in shit exchange. It called shit exchange because it has fake market capitalization and volume. Most of the coin listed in shit exchanges are now dead or delisted because of no demand in the market.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
December 06, 2019, 09:00:08 PM
Aside from reducing the cost of listing, the project owners want more liquidity on their native coin/token that's is why they are trying to be listed in different exchanges as much as possible though the outcome is not good because if they were listed on bad exchange then it gets some bad impression with the project as well and this is someting that the project owners have to look for to minimize price dumping while getting more liquidity.
they must follow the trend, if at present the market is more pleased with IEO, then they must abandon their intention to ICO.

They may only be able to choose a small exchange, but make sure the internal team does not sell their economic rights first to prevent a collapse in prices, in the end investors will also think that their project is serious and not panic when bitcoin falls, Strategies must be made to maintain value, this is entirely also not because of the exchange factor.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
December 06, 2019, 08:47:13 PM
Yeah i saw few good projects end with low quality exchange. I think there must be a reason why the project choosed that exchange. Maybe they dont have big fund to get better exchange or something else. Bad decision ruin the project it self.
Investors interest are not going to engaged with shit exchange making the project to turned to nothing after being added. It's a need for every team to make a good habits to try bringing the project inside reputable exchange where volumes of traders can see how the new project works and let them
to research and study to figure out if there's a good potentials and usages in the future.
hero member
Activity: 1274
Merit: 500
December 06, 2019, 08:45:42 PM
because the team is tempted with a small fee for the token listing fee. even though it doesn't guarantee the token will end well or not. at least the team must pay attention to exhange with high trading volume in order to get a good market capitalization there. although the fee is rather high, at least it will pay off if the trading volume is high.
Agree. Most new projects often don't have a lot of money to list at the exchange and this makes it easy to become a shitcoin if liquidity is bad. I never invest in those coins because the opportunity to seek profit is very low and if unlucky I will lose a lot of money when investing. Currently only choose the coins available in this market and consider buying more if cheap.

However, you also need to spend a lot of time researching pennies and ensuring liquidity at any time.
hero member
Activity: 1008
Merit: 511
CryptoTalk.Org - Get Paid for every Post!
December 06, 2019, 08:15:59 PM
Aside from reducing the cost of listing, the project owners want more liquidity on their native coin/token that's is why they are trying to be listed in different exchanges as much as possible though the outcome is not good because if they were listed on bad exchange then it gets some bad impression with the project as well and this is someting that the project owners have to look for to minimize price dumping while getting more liquidity.
sr. member
Activity: 1652
Merit: 262
December 06, 2019, 07:45:10 PM
because the team is tempted with a small fee for the token listing fee. even though it doesn't guarantee the token will end well or not. at least the team must pay attention to exhange with high trading volume in order to get a good market capitalization there. although the fee is rather high, at least it will pay off if the trading volume is high.
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
December 06, 2019, 06:42:06 PM
Yeah i saw few good projects end with low quality exchange. I think there must be a reason why the project choosed that exchange. Maybe they dont have big fund to get better exchange or something else. Bad decision ruin the project it self.
member
Activity: 287
Merit: 10
December 06, 2019, 06:30:19 PM
Yes this case happens a lot, many ICO projects are good but in the end it fails, because it chose a bad exchange for the token. I think developers should pay attention to this, they should be able to choose the best exchanges for their tokens.
member
Activity: 203
Merit: 14
December 06, 2019, 05:43:54 PM
Nothing in the world harms the project more than listing on bad exchanges. Team members cannot even realise that with only one fault, they can ruin the whole project, especially such garbage exchanges as Latoken or Probit.

Really hard to anderstand why projects list their coin to this exchanges. Maybe because they have a free listing? But better use decentralised exchanges in this case.
copper member
Activity: 238
Merit: 0
November 24, 2019, 12:12:38 PM
Nothing in the world harms the project more than listing on bad exchanges. Team members cannot even realise that with only one fault, they can ruin the whole project, especially such garbage exchanges as Latoken or Probit.
hero member
Activity: 812
Merit: 503
November 24, 2019, 12:00:34 PM
fake trading volumes, bots, no liquidity ... these are signs of Shit exchanges. Recently, the top CMC has always shown the top position of P2B, while this is a shit exchange, I am very upset about this! A good project should receive attention and investment from the developer. However, with the listing on the shit exchange, it will be a dead project.
Sometimes startup projects list on low rated exchanges because of inadequate funds or very high listing fees placed by Top reputable exchanges. Well most times team members get greedy and won't want to channel funds to list on good exchanges, which is always bad for the project. Some coins are dead on arrival when they list on crappie exchanges.  Looking at your write up, I really wonder why there is no remedy yet for fake trading volumes on CMC, like you mentioned P2PB2B being top rank occasionally on CMC which is false.
hero member
Activity: 2128
Merit: 520
November 24, 2019, 11:38:08 AM
fake trading volumes, bots, no liquidity ... these are signs of Shit exchanges. Recently, the top CMC has always shown the top position of P2B, while this is a shit exchange, I am very upset about this! A good project should receive attention and investment from the developer. However, with the listing on the shit exchange, it will be a dead project.
If the developers collaborates with shit exchange and start to create artificial movements and attract investors then trapped it up then surely the fate of the project will be doomed. There's a lots of projects who became extinct after listed to shit exchange. It's a obligation of the team to add their work to a good project since most of the time the project got a good chance of surviving.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
November 24, 2019, 10:29:14 AM
There are two reasons that can be understood in terms of marketing

The developer wants the price development stage to start from the regular market first and does a regular unlock to prevent sequential dumps, if they delay listing too long, it will also become a wave of large landfills, very ironic because indeed coins eventually die in the first choice exchange .

and the second is due to the inability of the developer to pass requirements on a more competent exchange, or do not have experience with it and are only concerned with instant profit.
full member
Activity: 317
Merit: 100
https://leasehold.io/
November 24, 2019, 10:06:44 AM
fake trading volumes, bots, no liquidity ... these are signs of Shit exchanges. Recently, the top CMC has always shown the top position of P2B, while this is a shit exchange, I am very upset about this! A good project should receive attention and investment from the developer. However, with the listing on the shit exchange, it will be a dead project.
full member
Activity: 434
Merit: 100
November 24, 2019, 09:12:48 AM
I hope that last line from the OP strikes a chord in the minds of these shady devs. The do not care about the value of their tokens once they have collected funds from the token sale. It is a very daft move to list on a shitty exchange but these devs don't give a damn to what investors think once they have their funds
newbie
Activity: 62
Merit: 0
November 18, 2019, 11:48:44 AM
shit exchange is very unworthy exchange. It frustrates investors and does not believe in the project anymore. Communication is important, but being in a hurry is not good.
newbie
Activity: 62
Merit: 0
November 18, 2019, 11:43:47 AM
A shit exchange can demonstrate the quality of the whole project. Many investors are afraid of looking back on the growth of projects which are in decline, so hurry to change everything. I don't think so.
sr. member
Activity: 1288
Merit: 253
November 18, 2019, 11:38:39 AM
When many ICO or IEO listed whit shit exchange become end of investment on crypto, many ICO and IEO don't care about for listing with shit exchange, after raised sold out their coins why not think for listing with good exchange market have many investor, why use shit exchange market for listing their ICO and IEO coins, why not care about how much money use by investor.
sr. member
Activity: 840
Merit: 268
November 18, 2019, 11:27:47 AM
-snip-
All I think is that, this was just an ordinary undergoing cycle of projects in cryptocurrency. It starts with a 'shit' exchange and then if the project is really good and have some funds, it will later on will try bigger exchange. That's what I think they're trying to do. But, whenever the devs can't support going to a bigger exchange, then that's their limitation, I think their project is not that trendy.
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