This will be a long read, but worth it.
Bittrex is the exchange to go with. C-Cex has their reputation stained by supporting various blatant scams, one of which just got listed last week- Mudracoin.
I'll use an example. Poloniex is considered the "Platinum" exchange. Why? Because they are extremely selective of their listings. They thoroughly review the integrity of the code, developer base, and community support of the coin that is suggested for listing. This extremely selective process makes getting on Poloniex such a sterling goal for many currencies. Because of the difficulty of getting on that exchange, any coin that manages to get accepted by the Poloniex admins would see an incredible listing pump. Now on to Bittrex. Bittrex is the "Gold" exchange. They have become much stricter on their listing protocols lately, and have made it challenging for coins to get listed. Relatively more experienced traders use Bittrex because of this selectivity. Bittrex is the gateway to a much, much larger audience. And C-Cex? They hold weekly votes, often list coins on demand, and partake in ICOs that set of many alarms. The volume is easily faked as market makers buy and sell into themselves to stimulate activity.
Getting on Bittrex is a number one priority for this coin. It is the first step towards reaching a larger userbase. How many people know about Syndicate's existence? 30, maybe 40 users? With this tiny userbase, we already reached a marketcap of nearly $200,000 USD. This shows how undervalued this currency is. If any of you have heard about Radium, I've said it about RADs too. The coin was trading at 3K satoshis on C-Cex. When it hit Bittrex, it climbed and set a floor at 20K satoshis. When it reached Poloniex, it rocketed to 250K satoshis. When the userbase increases in a parabolic fashion, so does the price. The more traders that know about SYNX, the more it will be valued at.
Bittrex is the exchange to go with. C-Cex has their reputation stained by supporting various blatant scams, one of which just got listed last week- Mudracoin.
I'll use an example. Poloniex is considered the "Platinum" exchange. Why? Because they are extremely selective of their listings. They thoroughly review the integrity of the code, developer base, and community support of the coin that is suggested for listing. This extremely selective process makes getting on Poloniex such a sterling goal for many currencies. Because of the difficulty of getting on that exchange, any coin that manages to get accepted by the Poloniex admins would see an incredible listing pump. Now on to Bittrex. Bittrex is the "Gold" exchange. They have become much stricter on their listing protocols lately, and have made it challenging for coins to get listed. Relatively more experienced traders use Bittrex because of this selectivity. Bittrex is the gateway to a much, much larger audience. And C-Cex? They hold weekly votes, often list coins on demand, and partake in ICOs that set of many alarms. The volume is easily faked as market makers buy and sell into themselves to stimulate activity.
Getting on Bittrex is a number one priority for this coin. It is the first step towards reaching a larger userbase. How many people know about Syndicate's existence? 30, maybe 40 users? With this tiny userbase, we already reached a marketcap of nearly $200,000 USD. This shows how undervalued this currency is. If any of you have heard about Radium, I've said it about RADs too. The coin was trading at 3K satoshis on C-Cex. When it hit Bittrex, it climbed and set a floor at 20K satoshis. When it reached Poloniex, it rocketed to 250K satoshis. When the userbase increases in a parabolic fashion, so does the price. The more traders that know about SYNX, the more it will be valued at.
Very well said! +100
Bittrex first goal from here for sure.
Then with a good years hard work, dedication from the Dev(s) and its easy to see this coin is here for the long haul, community is "Decent" size, does not have to be big, just need decent volume, solid code and the chances of getting on poloniex would be very high. It took I/OCoin a good year to get on Poloniex and they were only on Bittrex before that (oh and cryptsy). Hard work, honesty and dedication = Poloniex.
I'm sure many have heard of Waves mega millions ICO, not on poloniex.
But you are going to need a bigger team, to help speed things up in developments terms. Usually
1- wallet dev
2- back end Dev
3- front end dev
freelance designer for website, infographics and news articles.
I'd be happy to hold for a year+++ if i see the dedication that has been shown so far.
