Shit Exchanges, an end to good projects. - page 7.

Bonenx14

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Leading Crypto Sports Betting & Casino Platform

Quote from: gunhell16 on October 27, 2019, 08:48:53 AM

If the project has their success in their public sale and they are confident enough that they can compete in the community and has a good future then they should list in good exchange and prevent being in a shit platform. But still, there are many of them choosing to die with those exchanges!

projects that get big results sometimes if they make a mistake when registering their tokens on an unknown exchange can make the price of tokens destroyed on the market. but if registering a new token on a exchange that has a good volume takes time, sometimes they can't do it quickly and force a list on the exchange that doesn't have good volume

gunhell16

hero member

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If the project has their success in their public sale and they are confident enough that they can compete in the community and has a good future then they should list in good exchange and prevent being in a shit platform. But still, there are many of them choosing to die with those exchanges!

foxincoin

jr. member

Activity: 39

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Listing project in top exchanges is very difficult, and may very costly, so i think it will be very difficult for new project to go with top exchanges.

awik p

full member

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Pepemo.vip

Quote from: Edraket31 on October 27, 2019, 12:47:07 AM

Quote from: Sithara007 on October 27, 2019, 12:04:03 AM

It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.

The idea of ICO's and IEO's are really good it is just it was misused and was take for granted by those who are scammers, there were legit projects too who failed to raised money with their preferred and run away, they turned out scam too. So, it was because of the people who has a bad intention in doing it.

all they think about is making money in a short time, not infrequently when ico triumphs, many do ico with the aim of raising funds, after that they run away and make new projects again, until finally ico died abandoned by investors. but for projects that are done correctly, they can survive until now, even in a bad situation, because investor confidence is maintained in the project

X-ray

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Leading Crypto Sports Betting & Casino Platform

Quote from: Sithara007 on October 27, 2019, 12:04:03 AM

It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.

Usually if your project performs really well that it attracts so much attention there'll always be an exchange willingly to take the project into their website. although it may not comes from a popular exchanges. It's somewhat crazy to think that a lsting cost so much fortune it's basically like the project gathering money and big portion of it goes to exchange for the sole reason of listing and that's the only way because if they don't they will take the blame from the investors.

dnprock

member

Activity: 324

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Bitflate developer

I'm the developer of Bitflate and its community. We're currently on Unnamed Exchange. I think exchange doesn't matter much. If we're on a bad exchange, we can always switch and find a different one. I opt out of paying lots of fee for exchange listing. Your community matters. If your community leaders want to dump, you're screwed. More expensive exchange means it'll cost you more.

Exchange is a tool. It doesn't control your project. What matters is your passion in the project and building good relationship with your community.

Join Bitflate community. https://discord.gg/utnEyp8

Edraket31

hero member

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Quote from: Sithara007 on October 27, 2019, 12:04:03 AM

It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.

The idea of ICO's and IEO's are really good it is just it was misused and was take for granted by those who are scammers, there were legit projects too who failed to raised money with their preferred and run away, they turned out scam too. So, it was because of the people who has a bad intention in doing it.

Sithara007

legendary

Activity: 3332

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Leading Crypto Sports Betting & Casino Platform

It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.

Karto

full member

Activity: 280

Merit: 100

i think that there is a clear guideline how to be listed in the exhanges with a good reputation
if a coin can not be listed in any exchange, it probably means that the problem is in the project legalisation
or something like that...
its 2019.. projects are listed in coinbase a month after launch for god sakes
just dont invest in a project that has no credability and no exchanges support them
you have so many other projects to invest in

Jorge158

member

Activity: 434

Merit: 10

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.

Well, exchanges play a part in the development of a project and its coin towards the achievement of its full potentials. This is why project developers must be very careful with the exchange they list their coins. Exchanges with low trading volumes can kill the potentials of the coin because high volume exchanges also exposes the coin to investors.

Bitfling

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Activity: 602

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Quote from: boltz on October 26, 2019, 06:33:25 PM

What you said there is kinda true but do you know how much a tier 3 or 4 exchange asks for a listing ? Some of them ask for 10BTC which is insane lets be honest for an exchange like that as some years ago with 10 BTC you could have listed on bittrex and poloniex on both time but now exchanges got greedy and they want as much money as they can in orider to make more volume.

What they don't understand its instead of listing good projects at low rates to make volume and bring traders to their exchange they prefer this greedy marketing solution to ask for huge amount of money. So guilt its on both sides as the team prefer to list on no-name exchanges instead of going for a dex at start and then slowly build their way to the top exchanges.

Exchanges are killing coins and coins are killing exchanges ...

Agree, sometimes there is a dilemma in this problem. The developer team that is able to obtain large funding also thinks about the continuation of the project if the funds are spent mostly on listing on exchangers. There are indeed a number of large exchangers that free the listing for certain projects but this requires the cohesiveness of the project community but this rarely happens

RDNX

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Entering Shit Exchange is one way to increase their trading volume.
As far as I know, for a coin or token to be listed on the Coinmarketcap site, there is a minimum trading volume.

Backupnime

full member

Activity: 494

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homt.net

in some case why developer make decision to listing their coin/token on the shit exchange is the investor desire, investor want to get back their money with high profit as they expected, but the reality many of the project after listed are ended in 1 satoshi.

and in other evil case, developer want sell their reserved token allocation for themselves

SanZoldyck

full member

Activity: 615

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arcs-chain.com

I strongly agree with you, the project runs for months or even years, how the project entered into a low-volume and fake exchange, while the project that runs very quickly and precisely enters a very good exchange volume, I agree if the project extension is carried out to attract many investors but must enter the large exchange market if the project lasts long

Perfect35

member

Activity: 854

Merit: 10

It is better not to invest in any project, than to invest in a project whose theme does not careful what the outcome might be. There are quite a good number of exchanges in the crypto space, although, their fees might be much, but it is better to list on just one of them, than to pile up so many unreliable exchanges.

danggoron

full member

Activity: 560

Merit: 102

Quote from: boltz on October 26, 2019, 06:33:25 PM

What you said there is kinda true but do you know how much a tier 3 or 4 exchange asks for a listing ? Some of them ask for 10BTC which is insane lets be honest for an exchange like that as some years ago with 10 BTC you could have listed on bittrex and poloniex on both time but now exchanges got greedy and they want as much money as they can in orider to make more volume.

What they don't understand its instead of listing good projects at low rates to make volume and bring traders to their exchange they prefer this greedy marketing solution to ask for huge amount of money. So guilt its on both sides as the team prefer to list on no-name exchanges instead of going for a dex at start and then slowly build their way to the top exchanges.

Exchanges are killing coins and coins are killing exchanges ...

Expensive costs but with a strong community guarantee, of course, be the choice for projects that are truly profitable and have a strong commitment to developing the project. That is why the project which is not strong enough, would definitely prefer an ordinary exchange with lower cost, of course. Of course, we all hope that the project will be more responsible and better prepare the strategies related to the intended exchange, it all needs preparation. If they have cooperated with the global exchange, surely the community formed will be faster. Form favourable symbiosis.

boltz

legendary

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What you said there is kinda true but do you know how much a tier 3 or 4 exchange asks for a listing ? Some of them ask for 10BTC which is insane lets be honest for an exchange like that as some years ago with 10 BTC you could have listed on bittrex and poloniex on both time but now exchanges got greedy and they want as much money as they can in orider to make more volume.

What they don't understand its instead of listing good projects at low rates to make volume and bring traders to their exchange they prefer this greedy marketing solution to ask for huge amount of money. So guilt its on both sides as the team prefer to list on no-name exchanges instead of going for a dex at start and then slowly build their way to the top exchanges.

Exchanges are killing coins and coins are killing exchanges ...

Wend

sr. member

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DGbet.fun - Crypto Sportsbook

Quote from: kodtycoon on October 26, 2019, 03:57:32 PM

a good project will not put its tokens or coins in a shit exchanges, because as far as i have experienced at least the team will be really selective in having exchanges to keep the project name and the coins have a good reputation in the community. so when any of them or projects put their coins on a random exchange, it can be assumed that if the project is not really good to continue to do greater development

Indeed if a good project are really prove that they are going listed on a good exchange their will be a chance for the project to be popular and many investor are willing to invest. And yes one of the new project right now are selected to listed on the exchange are unknown for us so we can tell for that a scam if the project listed in a shit exchange actually it is happen in this year their are lot project listed already from shit exchange.

kodtycoon

legendary

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a good project will not put its tokens or coins in a shit exchanges, because as far as i have experienced at least the team will be really selective in having exchanges to keep the project name and the coins have a good reputation in the community. so when any of them or projects put their coins on a random exchange, it can be assumed that if the project is not really good to continue to do greater development

dcomomal

copper member

Activity: 238

Merit: 0

It was always a well-known fact, but a lot of teams do not want to learn from others mistakes. A bad listing is the same as to kill your coin, because once the price has dropped, it would be extremely hard to recover.

Topic: Shit Exchanges, an end to good projects. - page 7. (Read 5381 times)