What's the future for all this altcoins getting removed from poloniex? - page 2.

kiklo

legendary

Activity: 1092

Merit: 1000

Everyone wants to blame the coins, but the fact is when the coin communities request info from Poloniex,
none of them receive an answer like your trading volume was too low.
And almost all had a 24 hour trading volume in the $Thousands. Tongue

Maybe Poloniex is on the verge of financial collapse and they are Cashing out of markets that they themselves have been pumping.

Here is the 24 hours trading volume on only Poloniex , before the sell offs started , decide for yourself.
ABY   $4,359
AND   Unknown
BITUSD   $2,264
CNMT   $3,817
DAO   $14,079
DSH   $271
FIBRE   $5,838
FLT   $4,710
GAP   $10,194
GRS   $3,792
HYP   $7,345
IFC   $0
LQD   $3,248
MCN   $6,634
MINT   $8,913
MMC   $4,618
MNTA   $412
PIGGY   $8,947
PTS   $3,722
SILK   $7,853
SWARM   $3,870
WDC   $7,818
XC   $6,909
XCR   $6,116
XPB   $3,439
XUSD   $2,013
YACC   $13,741

Cool

fortunecrypto

legendary

Activity: 2450

Merit: 1047

They are not the only exchange doing that Ccex and other exchange also do that,people lose interest oon altcoins because there are no usage of this coin same features,same algos with no usage,investors will go for the next so called big thing always in the altcoin leaving these useless altcoins to die..

Sergiorr101

full member

Activity: 137

Merit: 100

as much as i know, poloniex removes them because they are dead, so no point to keep them, and even if they aren't dead, i am sure that other exchanges still have them

HeroCat

hero member

Activity: 658

Merit: 500

That type of coins either exists on other exchanges or they finish crypto existing. Nowadays everyone can make own altcoin and enter in the altcoinmarket, and of course there are a lot of many altcoins. Wink

Mike8

sr. member

Activity: 291

Merit: 250

Quote from: passivebesiege on August 25, 2016, 04:28:47 AM

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

They need to find other exchange to trade with,if they delisted already in polenex or pump there own coin so the volume will increase and other trader will see it. Delisted in exchange is good way to make it safe to us to trade in altcoin if the coin delisted without doing anything by the dev it's much more good than other investors will be the victim again in that coin.

Usually the devs or bag holders keep some reasonable volume to avoid delisting.
If that doesn't happen, if the coin was not already on smaller exchanges, the chance is small that it'll go there. Some criteria have to be met and ... keeping the reasonable volumes on polo is easier to reach and it failed.

Quote from: JungleOnion on August 25, 2016, 09:18:31 AM

Pretty much what I thought, they are worthless now haha

Yep. No dev team, no community, no use.

The only chance of those coins can be take over and maybe re-branding.

JungleOnion

sr. member

Activity: 868

Merit: 279

Pretty much what I thought, they are worthless now haha

passivebesiege

hero member

Activity: 854

Merit: 502

CTO & Spokesman

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

They need to find other exchange to trade with,if they delisted already in polenex or pump there own coin so the volume will increase and other trader will see it. Delisted in exchange is good way to make it safe to us to trade in altcoin if the coin delisted without doing anything by the dev it's much more good than other investors will be the victim again in that coin.

SANALIU

full member

Activity: 126

Merit: 100

coin dilisted or remove in exchanger only coin is dead or very low transaction
if not remove is danger to trader, this money bitcoin can lost, because after buy
not only one people can buy again

coin dead coin very low transaction is Very good is removed in exchanger

TraderETH

full member

Activity: 210

Merit: 100

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

I think all of them are dead and about the future for all of them depend on the developer of coins, if there are any innovation by the developer maybe they will live again. And for today the developer must buy their coins if wanna stay on markets.

rphk

full member

Activity: 210

Merit: 100

delisted means they are not is use and no one is doing trading on those coins, it is best to keep coins are values , large volume , and regular trading. Some coins really worth of value and has large volumes , probably the mentioned by you not in use further so polonix site is delisting those and also there is chance of hacking with unwanted coins etc.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: JeffBrad12 on August 24, 2016, 05:15:06 AM

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

That is a dead coin, because I think no one is wanna using it and their development is retired from there, and why a poloniex is delisted the dead coins?because poloniex have a minimum requirement like volume for the coin in their trading site must be into some amount, and the coins are can't filling their requirement will getting removed from their site.

So it mean also that the coin who are in delisting will not be valuable anymore since in that state it can be could dead, no trades will be happening for that and possible those coin will be vanish on the other exchangers to since that coin cannot generate some profits anymore, so if you are holder of any coin listed on that its better for you to sell it so you can still accumulate even little money from that coins.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

When this coins get delisted you will not be able to deposit or withdraw those coins so you can either sell them for bitcoin or withdraw them and put them on other exchanger where those coins are listed before they disable it. Atleast poloniex give notification before they remove, so you can act before they remove.

deadsilent

hero member

Activity: 1148

Merit: 500

If that happens, im sure many exchange sites like poliniex will be created. Exchange sites is the life of all the people traders. Without it, trading should be dead by now. Im sure they will make way to make a trade. But if there are no way make a trade, im sure every crypto will useless.

JeffBrad12

hero member

Activity: 2996

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

That is a dead coin, because I think no one is wanna using it and their development is retired from there, and why a poloniex is delisted the dead coins?because poloniex have a minimum requirement like volume for the coin in their trading site must be into some amount, and the coins are can't filling their requirement will getting removed from their site.

tiggytomb

legendary

Activity: 1848

Merit: 1000

The future for these coins depends on the coin, it could be that the trading volume is too low for Poloniex to support it, perhaps the dev/community has abandoned the coin so it is no longer active, or it could be an obvious scam.

You will probably find these coins on other smaller exchanges such as Yobit.

windale

member

Activity: 112

Merit: 10

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

your not experience in trading in poloniex , if i see your title thread
altcoin removed from poloniex only coin in volume transaction is very low, under low requirement standard coin poloniex

poloniex not removed altcoin if volume transaction high is standard poloniex
same with c-cex, standard transaction in c-cex one bitcoin every week, if volume transaction under one bitcoin every week dilisted and remove from c-cex
or coin is dead

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.

there is only two reasons when an exchange service removes altcoins from their list
1) their trade volume is low (it is less than 0.01BTC in one week on bittrex IIRC)
2) the coin is a scam, with bad blockchain, fake transactions, fake coins, and many other things that makes it dangerous to list on the exchange.

Quote

What will happened with those coins?

most of them continue to be traded on other smaller exchanges until they die when nobody is even interested enough to generate that small volume either.

Quote

are they getting delisted because they are easy target for pump and dump?

exchanges LOVE pump and dumps because in each pump and dump period the trade volume is 10+ times more than regular times so more volume more fees aka more earning for the site owner.

Quote

I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

you can not pump a dead coin unless you are willing to spend a lot of your own money on it. and the developers have gotten their money out of the previous pumps and now they have also left it behind and moved on to newer projects with fresh pumps and more money.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: JungleOnion on August 23, 2016, 11:30:39 PM

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

coins are delisted from exchanges only because they are dead coins (i don't know about these coins on case by case basis) but this is the general rule that if their trade volume drops below a certain number in a period of time like 1 week the exchanger will remove them because it is not profitable for them to dedicate their server resources to a dead coin which is not generating them any profit.

JungleOnion

sr. member

Activity: 868

Merit: 279

I Saw this notice a couple of nights ago:
On 9/5/2016, the following markets will be delisted: ABY, ADN, BITUSD, CNMT, DAO, DSH, FIBRE, FLT, GAP, GRS, HYP, IFC, LQD, MCN, MINT, MMC, MNTA, PIGGY, PTS, SILK, SWARM, WDC, XC, XCR, XPB, XUSD, YACC.
What will happened with those coins? Some are being traded in other exchanges while many of those are only traded in poloniex, so are they getting delisted because they are easy target for pump and dump or because pretty much they are dead? I mean one leads to the other one, usually when they are dead they pump it with no reason and people fall in the trap like FIBRE SWARM and MCN lately.

Topic: What's the future for all this altcoins getting removed from poloniex? - page 2. (Read 2650 times)