Topic: Why does Bitfinex ignore Dogecoin? (Read 411 times)
Maybe they don't want to add a coin that will make their withdrawal fees much cheaper
It's time to update the thread!
As they say, never say never, and the breaking news is that Bitfinex has finally added Dogecoin to the list of supported coins you can trade on the exchange. So far you can only take a long position in this coin (read, no margin trading is currently available) but, as I hope, it won't take long till you will be able to short Dogecoin as well. And then it will likely become a new vehicle for ruthless and relentless speculation worth looking into (if you are interested in that)
As they say, never say never, and the breaking news is that Bitfinex has finally added Dogecoin to the list of supported coins you can trade on the exchange. So far you can only take a long position in this coin (read, no margin trading is currently available) but, as I hope, it won't take long till you will be able to short Dogecoin as well. And then it will likely become a new vehicle for ruthless and relentless speculation worth looking into (if you are interested in that)
I don't think Dogecoin really has a price to use, but it has existed relatively early and is still alive. Over time, as new investors join in, they will hardly pay attention to this altcoin.
Dogecoin is one of the best alternative coin that's serving the purpose of what other altcoins are trying to market for themselves. Dogecoin has a better use than those altcoins that you may now, being cheap with its fee and reliability of its speed is what making people like dogecoin.Until now, we have no idea why it's not on Bitfinex but I guess Dogecoin doesn't need them and it's listed in almost every popular exchange.
yeah . dogecoin is always available every popular exchange today so we shouldnt worry if one exchange dont list it . dogecoin is a good coin tho and many people use this due to the reasons which you already stated above but there are few that hates this coin and make joke of this coins there are even people call doge coin a joke coin . this is what i believe when i hear the name doge coin before but it all change until i started using this coin . we dont know maybe bitfinex is one of those doge coin hater and they didnt ever try to use dogecoin before they judge it .
I don't think Dogecoin really has a price to use, but it has existed relatively early and is still alive. Over time, as new investors join in, they will hardly pay attention to this altcoin.
Dogecoin is one of the best alternative coin that's serving the purpose of what other altcoins are trying to market for themselves. Dogecoin has a better use than those altcoins that you may now, being cheap with its fee and reliability of its speed is what making people like dogecoin.Until now, we have no idea why it's not on Bitfinex but I guess Dogecoin doesn't need them and it's listed in almost every popular exchange.
I don't think Dogecoin really has a price to use, but it has existed relatively early and is still alive. Over time, as new investors join in, they will hardly pay attention to this altcoin
That's strange logic
According to such reasoning, gold should have long been forgotten since it has been sticking around since the dawn of times. But it is quite ironic and even amusing how people think of cryptocurrencies as only investment or speculation vehicles without thinking that they can in fact have some application in real life. Isn't it funny? Dogecoin is a coin of choice for gambling, and this alone makes it attractive enough to investors and speculators as it clearly stands out from the other coins of its rank
I don't think Dogecoin really has a price to use, but it has existed relatively early and is still alive. Over time, as new investors join in, they will hardly pay attention to this altcoin.
Well... I know why they consider Dogecoin as a shitcoin. Because it is a shitcoin. In fact, Dogecoin can be considered as the benchmark for the shitcoins around the world. There can be no better example for a shitcoin other than this coin. There is practically zero development ever since this coin was created, and the entire code was copied and plagiarized from other projects such as Bitcoin and Litecoin
You are much confused about what has real value and what hasn't
But let me lend you a helping hand. First of all, gold has seen absolutely no development since it had been such made half a dozen billion years ago. And that only added more value to it. Then, you can't possibly call a coin a shitcoin which is seeing so much real-world adoption and use, probably most among all cryptocurrencies (Bitcoin included)
Put differently, if you ever consider Dogecoin a shitcoin, then you necessarily have to consider all cryptocurrencies shitcoins. And Dogecoin would still stand out for its utility as a coin of choice for gambling. It is impossible to discard this fact without at the same time discarding the whole cryptodomain as inconsequential and gambling as irrelevant
Another reason might be, it could also be because the doge fee is too low and bitfinex cannot get a lot of profit from every transaction made by traders
EOS withdrawals are totally free at Bitfinex, so it can't be such a reason
Reason, maybe bitfinex only chooses coins whose development is serious, as we know the beginning of dogecoin is just a joke from the "shiba dog" meme turns out that dogecoin is increasingly popular. Another reason might be, it could also be because the doge fee is too low and bitfinex cannot get a lot of profit from every transaction made by traders. Hmm, and the last reason, it could also just be a one-sided decision by Bitfinex, so it's up to him dogecoin is available on the market (bitfinex) or not, not a problem.
Dogecoin is one of the top 50 coins in coinmarketcap. Many investors including me, believe that Doge is one of the strongest coins. Bitfinex is one of the top exchanges, but i don't think why they list Dogecoin as useless shitcoin. I hope they will review Dogecoin in the next time.
Well... I know why they consider Dogecoin as a shitcoin. Because it is a shitcoin. In fact, Dogecoin can be considered as the benchmark for the shitcoins around the world. There can be no better example for a shitcoin other than this coin. There is practically zero development ever since this coin was created, and the entire code was copied and plagiarized from other projects such as Bitcoin and Litecoin.
The one you called shitcoin is at the top 31 overall rank in the cap and I don't think it will be consider as shit since the volume is even more greater than the other alt's listed there, although you can't see a price development of doge but still it's doing great since the price became stable at 30 SATs eventhough the market keeps falling.
Well.. I am not going to refute what you said. Dogecoin ranks among the top-50 coins as per the list given by Coinmarketcap. And even if we go by the 24-hour trade volumes, it remain as one of the most traded cryptocurrencies. But that doesn't mean that it is one of the better coins out there, either technologically, or ideologically. It is a copycat of Luckycoin (one of the lesser known altcoins that existed in 2013). And this Luckycoin itself is a plagiarized version of Litecoin. There is no maximum supply limit, and theoretically infinite number of Dogecoins can be mined.
Bitfinex loaded a lot of shitcoins on their exchange because they got a share from the developer team while Dogecoin does not give them anything if they want to list it. Bitfinex can not be considered as top exchanges right now, there is not much trade happening there. This is the only way for them to survive.
The team of Bitfinex have the right to do or choose which ever project they feel is best for their exchange, because it is theirs. However, that does not render dogecoin useless. In fact, doge might still be at the top and Bitfinex might still be bent on not listing it. Let them do what they feel is best to them.
Yes, you're right! After all, Doge is still here and it is still one of the top 50 cryptocurrencies. Although it's an old cryptocurrency, Doge's community hasn't given up on it even after its developers abandoned it. Personally, I would love to use Doge when depositing on betting sites, it's fast and the fee is very cheap. Well... I know why they consider Dogecoin as a shitcoin. Because it is a shitcoin. In fact, Dogecoin can be considered as the benchmark for the shitcoins around the world. There can be no better example for a shitcoin other than this coin. There is practically zero development ever since this coin was created, and the entire code was copied and plagiarized from other projects such as Bitcoin and Litecoin.
Litecoin is also a shitcoin, lmao! 
Dogecoin is one of the top 50 coins in coinmarketcap. Many investors including me, believe that Doge is one of the strongest coins. Bitfinex is one of the top exchanges, but i don't think why they list Dogecoin as useless shitcoin. I hope they will review Dogecoin in the next time.
I dont think dogecoin is a shitcoin, besides dogecoin is on 31 position rank on CMC. Probably because dogecoin did not have a fixed amount and the supplies are keep growing due to a lot of miners who mine dogecoin. You can use another exchange if you really like dogecoin, as of now, there are 283 pairs in exchanges that dogecoin listed. https://coinmarketcap.com/currencies/dogecoin/markets/ 
Dogecoin is one of the top 50 coins in coinmarketcap. Many investors including me, believe that Doge is one of the strongest coins. Bitfinex is one of the top exchanges, but i don't think why they list Dogecoin as useless shitcoin. I hope they will review Dogecoin in the next time.
Well... I know why they consider Dogecoin as a shitcoin. Because it is a shitcoin. In fact, Dogecoin can be considered as the benchmark for the shitcoins around the world. There can be no better example for a shitcoin other than this coin. There is practically zero development ever since this coin was created, and the entire code was copied and plagiarized from other projects such as Bitcoin and Litecoin.
The one you called shitcoin is at the top 31 overall rank in the cap and I don't think it will be consider as shit since the volume is even more greater than the other alt's listed there, although you can't see a price development of doge but still it's doing great since the price became stable at 30 SATs eventhough the market keeps falling.
Dogecoin is one of the top 50 coins in coinmarketcap. Many investors including me, believe that Doge is one of the strongest coins. Bitfinex is one of the top exchanges, but i don't think why they list Dogecoin as useless shitcoin. I hope they will review Dogecoin in the next time.
Well... I know why they consider Dogecoin as a shitcoin. Because it is a shitcoin. In fact, Dogecoin can be considered as the benchmark for the shitcoins around the world. There can be no better example for a shitcoin other than this coin. There is practically zero development ever since this coin was created, and the entire code was copied and plagiarized from other projects such as Bitcoin and Litecoin.
Dogecoin is one of the top 50 coins in coinmarketcap. Many investors including me, believe that Doge is one of the strongest coins. Bitfinex is one of the top exchanges, but i don't think why they list Dogecoin as useless shitcoin. I hope they will review Dogecoin in the next time.
The team of Bitfinex have the right to do or choose which ever project they feel is best for their exchange, because it is theirs. However, that does not render dogecoin useless. In fact, doge might still be at the top and Bitfinex might still be bent on not listing it. Let them do what they feel is best to them
It is more complicated than that
As a matter of fact, people had been asking Bitfinex to add Dogecoin in the past (and maybe they are still asking). I remember it was like 2015 or even earlier, probably right after the launch of this cryptocurrency itself. Bitfinex has chosen a very wrong approach to deal with the matter. They started to defame Dogecoin instead of just keeping their mouths shut, and now this "policy of truth" backfires. If they add doges, expect a lot of fingers pointed, eyebrows raised, obscene words used
The team of Bitfinex have the right to do or choose which ever project they feel is best for their exchange, because it is theirs. However, that does not render dogecoin useless. In fact, doge might still be at the top and Bitfinex might still be bent on not listing it. Let them do what they feel is best to them.
One idea could be that they may consider Dogecoin a competitor for their USDT.
Dogecoin is a correct/proper coin and it's accepted almost everywhere, so it could be used for cheap withdrawals instead of their again-in-trouble USDT.
Dogecoin is a correct/proper coin and it's accepted almost everywhere, so it could be used for cheap withdrawals instead of their again-in-trouble USDT.
Did you know that USDT is the largest stable coin by volume and currently top 5 on coin market cap. Doge coin doesn't even come so close as it sits outside top 25. Well, with that being said, exchanges are mostly a business outfits and will list where there's a need from it usually from a finance standpoint
Jump to: