All of the Bitcoin forks are useless coins
. 
Topic: So surpridsed ! Bittrex delisted BTG - page 2. (Read 371 times)
They are delisting only coins with low trading volume and this low trading volume is caused by that fact that people are not intersted to buy, sell or even use this coin.
All of the Bitcoin forks are useless coins.
All of the Bitcoin forks are useless coins
. 
not like bitcoincash this bitcoin fork not have large community and holder may be this reason too thats bittrex delisted btg
I don't think this coin had a future in the future, so I think they did it right that they withdrew from the auction !
Another reason for the delisting could be Bittrex is trying to get rid of all the smaller bitcoin forks. Remember Bitcoin Private in March where many people were speculating that Bittrex will list the coin. Bittrex is only leaving Bitcoin and the most "established" fork like Bitcoin Cash in its exchange. The rest of the bitcoin fork could turn into scams and Bittrex does not want to get into trouble with regulators.
Just imagine what would have happened when they would have
paid the BTG to Bittrex. As soon as another exchange suffers a BTG loss
the devs would be pressured into another bail out.
paid the BTG to Bittrex. As soon as another exchange suffers a BTG loss
the devs would be pressured into another bail out.
Oh absolutely. Their hands are effectively tied. However, an exchange is still a business. If they are trading any coin/stock/share/commodity/etc. and that product poses a security or financial risk to them, they are well within their right to cease trading. They are under no obligation to continue to put themselves at risk for someone else's benefit.
I think Bittrex were more than reasonable offering to cover half the loses.
I'm not sure I agree with their assumption that the exchange should absorb the loss from their 51% attack, especially when BTG had such a big pre-mine given to the creators.
...
...
They are faced with a serious predicament here. On the one hand
Bittrex is an important market for BTG. But on the other hand the devs
obviously can´t bail out an exchange for BTG-related losses everytime
that a problem occurs.
Just imagine what would have happened when they would have
paid the BTG to Bittrex. As soon as another exchange suffers a BTG loss
the devs would be pressured into another bail out.
Usually the low interest towards a coin leads to delisting.
Sounds like a good reason why Bittrex delists BTG, but probably other reasons play in aswell.
Sounds like a good reason why Bittrex delists BTG, but probably other reasons play in aswell.
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So surprised again !
Sometime Bittrex make me so surprised exp delist BitShares BTS , and now BTG
The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018
It seems that Team BTG and Bittrex did not have a common agreement on fees. And they dell list it, I see BTG in bittrex does not have volume so this dell list will not affect the price and future of BTG Sometime Bittrex make me so surprised exp delist BitShares BTS , and now BTG
The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018
thanks for information.
I think no one is surprised - no one needs this fork. except for the creators and speculators.
I think no one is surprised - no one needs this fork. except for the creators and speculators.
Is there a statement at bittrex ? I can't find it.
Here it is:
https://support.bittrex.com/hc/en-us/articles/360015197572-Pending-Market-Removals-9-14-2018
Quote
The following markets will be removed on September 14th, 2018:
BTC-BTG
ETH-BTG
USDT-BTG
BTC-BTG
ETH-BTG
USDT-BTG
Is there a statement at bittrex ? I can't find it.
So surprised again !
Sometime Bittrex make me so surprised exp delist BitShares BTS , and now BTG
The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018
BTG or other BTC forks are shitcoins for me I am not surprised if one day such coins are delisted by major exchanges Sometime Bittrex make me so surprised exp delist BitShares BTS , and now BTG
The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018
I'm so surprised either but what the BTG team said was the delisted was due to some certain amount of BTG not been pay while the bittrex market and token removal rules stated that "Experience with token applicant/team and their responsiveness to information requests". I will everyone that have BTG on there to withdrawal it before the deadline(14th Sept).
I'm not sure I agree with their assumption that the exchange should absorb the loss from their 51% attack, especially when BTG had such a big pre-mine given to the creators.
Between the 3 Bittrex markets, it represents just over 10% of BTG's trading volume at time of writing. So yeah, while this won't kill the coin, it will likely accelerate its steady decline.
Between the 3 Bittrex markets, it represents just over 10% of BTG's trading volume at time of writing. So yeah, while this won't kill the coin, it will likely accelerate its steady decline.
The delisting is related to a double spending (51%) attack on the BTG network that happened some months ago.
The BTG organization published this statement:
You can read the entire statement, but essentially they claim they can survive without Bittrex.
The BTG organization published this statement:
Quote
We regret to inform our community that the crypto exchange Bittrex has decided to de-list BTG after we declined to pay them 12,372 BTG to remain listed.
[...]
Bittrex announced this decision today based on a double-spend attack they suffered back on May 19th, despite all our efforts to assist them, and despite the fact that the danger is now over.
[...]
Bittrex informed us that they make this decision because the BTG team would not “take responsibility for our chain,” and that taking responsibility meant paying Bittrex 12,372 BTG to cover the loss they incurred.
[...]
Source: https://bitcoingold.org/statement-regarding-bittrex/[...]
Bittrex announced this decision today based on a double-spend attack they suffered back on May 19th, despite all our efforts to assist them, and despite the fact that the danger is now over.
[...]
Bittrex informed us that they make this decision because the BTG team would not “take responsibility for our chain,” and that taking responsibility meant paying Bittrex 12,372 BTG to cover the loss they incurred.
[...]
You can read the entire statement, but essentially they claim they can survive without Bittrex.
BTG was not a coin I supported or liked. If Bittrex is delisting a coin, there is a real reason. We will soon get bigger news and learn the cause 
just wait and follow the news...
just wait and follow the news...
So surprised again !
Sometime Bittrex make me so surprised exp delist BitShares BTS , and now BTG
The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018
Sometime Bittrex make me so surprised exp delist BitShares BTS , and now BTG
The BTG markets (BTC-BTG, ETH-BTG and USDT-BTG) will be delisted and removed on September 14th, 2018
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