Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Bittrex-Bill on May 22, 2014, 07:22:05 AM



Title: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: Bittrex-Bill on May 22, 2014, 07:22:05 AM
We look for coins that have high community demand, innovations to cryto-coin technology, or a contribution to science and humanity. We believe in aggressively taking chances on coins and letting the free market sort out which coins should thrive. We also aggressively prune our markets to allow new coins the visibility to grow in our market.

Below you will find 5 markets that we've previously announced on twitter that we're removing on Friday, May 23rd.  If you'd like to see them stick around, the best thing to do is trade and get the market active again.

BonusCoin https://bittrex.com/Market/Index?MarketName=BTC-BNS
FairCoin https://bittrex.com/Market/Index?MarketName=BTC-FAC
GoldCoin https://bittrex.com/Market/Index?MarketName=BTC-GLD
InfiniteCoin https://bittrex.com/Market/Index?MarketName=BTC-IFC
MonaCoin https://bittrex.com/Market/Index?MarketName=BTC-MONA

We'll follow a pattern of announcing and removing under-performing markets twice a week.  We'll announce the next set of candidates for deletion on Friday for removal on Monday.

After a market is deleted, you will have 14 days to remove your funds before we shut down the wallet (provided the blockchain permits it.)

Here is the list for May 26th:  https://bitcointalk.org/index.php?topic=621622


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: amiryaqot on May 22, 2014, 07:25:39 AM
nice job ;)


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: SirChiko on May 22, 2014, 07:33:03 AM
Finnaly...i hate when there are dead/almost dead coins on markets just taking space.


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: konamist on May 22, 2014, 07:44:56 AM
it's time to remove some dead sh*tcoin from the market, well done


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: MoosaNYC on May 22, 2014, 07:54:59 AM
Could use a bit more of this!  8)


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: 16888253 on May 22, 2014, 08:09:38 AM
Good. there are so many coins on the market


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: s1ng on May 22, 2014, 08:22:32 AM
ah .. i have 250 bns at POLO
but i can't do nothing  :'(


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: platorin on May 22, 2014, 10:35:57 AM
Very good. Thank you for the news.


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: smartaction on May 22, 2014, 12:28:49 PM
We look for coins that have high community demand, innovations to cryto-coin technology, or a contribution to science and humanity.

FairCoin https://bittrex.com/Market/Index?MarketName=BTC-FAC



hey bittrex team

We are the new dev team of Faircoin (FAC) a community backed dev team
https://bitcointalk.org/index.php?topic=601280.new#new

We are working hard to define a serious project. Already have a new site: www.fair-coin.org a community forum http://forum.fair-coin.org and lot of work in progress.  As you can see for example here
with the fairtrade development plan http://forum.fair-coin.org/index.php?topic=13.0 (http://forum.fair-coin.org/index.php?topic=13.0)

We are commited to contribute to humanity with a coin focused in equality, fair trade and a fair economy. Some times this kind of work is not so faster
like the cryptocurrrency rithmium, but we are very commited with this.

Please reconsider and not delist Faircoin.

Thanks
Smartaction
Member of the Faircoin Developepment Team


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: Bittrex-Bill on May 22, 2014, 04:23:25 PM
Hi,

We'd consider leaving FAC on Bittrex but we'd like to see some positive movement in the market by Friday. 

Bill


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: drakandar on May 22, 2014, 05:51:31 PM
Hi,

We'd consider leaving FAC on Bittrex but we'd like to see some positive movement in the market by Friday. 

Bill

Hi Bill,

I'd like to motivate why FairCoin does not belong in that list above other than the previous statements.
If you take a quick look at the other coins, there is just hardly any comparison to FairCoin.

In the short time that FairCoin has first became visible (25 feb 2014) we've had over 410 pages of activity at the old FairCoin topic at (https://bitcointalk.org/index.php?topic=487212.0) . At the moment where the old developer abandoned ship and the new, very enthusiastic team, took over (https://bitcointalk.org/index.php?topic=601280.180) we've managed to get over 24 pages of positive community activity (since 8 may!).

- We have an active community
- We have a dedicated development team
- We have our own backlog
- We have our own forum
- And last but not least; we have a great logo :)

In MintPal we our volume swings between the 2 and 4 BTC daily. I know that isn't much at the moment, but we've known peak times where the market volume was in alignment with BlackCoin.

Comparing that to the other coins:
BonusCoin, launched 20 march, 61 pages of activity.
InfiniteCoin, launched 5 june 2013, 83 pages of activity
MonaCoin, launched 21 december 2013, 51 pages of activity
GoldCoin - I can't even find that one out! Topics are scattered all over the place...

It will take time before we're back on our old volumes- that won't happen over night. But one thing that I do know is that we'll do the best we can to make FairCoin a well established coin.

So, for all of the above reasons, I'd like to ask you to keep FairCoin on Bittrex.

Kind regards,

Drakandar


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: Gladimor on May 22, 2014, 08:21:12 PM
Greetings,


FairCoin has an amazing potential as a currency. It would be wonderful if Bittrex could keep FairCoin on their exchange. I would like to emphasize on the fact that all currencies have their periods of great prosperity and quiet depression- and it is unfortunate to say that FairCoin is in the middle of a period of deprived value at the moment. I personally believe that FairCoin's silence on the market at the moment could very likely mean a sudden increase in value in the near future, due to the amount of people stocking now due to the very cheap price. Not to mention that FairCoin has around only 50M coin supply. With the efforts of the new development team, and the growing FairCoin community, FairCoin will very soon become an extremely popular currency. Bittrex, check out the new FairCoin ANN thread to get a whiff of what's coming for FairCoin in the near and far future. The FairCoin adventure has only begun.


Warmest regards,

Adam Trat (Gladimor)
Community Manager, FairCoin


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: Bittrex-Bill on May 23, 2014, 12:45:56 AM
Hi,

We're going to leave FairCoin for another week and we appreciate you explaining the plan for your coin and generating activity in Bittrex.

Our minimum volume for markets going forward will be 0.1 BTC per day averaged across 7 days.  That isn't much volume to generate and it keeps us from losing money on the market.   Of course, we have discretion to leave markets up for coins that we feel need time to develop. 

Helping the crypto-coin community grow and innovate coins has always been our goal.   We're willing to keep working with you to have FairCoin on our exchange. 
Bill


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: YukonCoinelius on May 23, 2014, 05:05:58 AM
Hello, I noticed your posting about Bittrex planning to drop IFC InfiniteCoin !?? That tells us rather a lot about your so-called “exchange”, and I will be sure to keep my balances in numerous coins far away from your unprofessional operation.

We don't need johnny-lately “exchanges” parasitically feeding on all the work that has gone before, and hurting established *ground-breaking* coins, because they're not “producing enough return for you”. The question is, what are *you* providing to the market, coin owners and investors. We are not here to maximize your profits! You, and every exchange, should be here to support the people, coins, communities you claim to be serving. And ignorantly dropping quality coins in your greedy tail-chasing after the next big popularity wave, is not it.

I can't speak for the others, but fyi, IFC InfiniteCoin is an Excellent coin -- *uniquely* the first fully transaction-fee supported coin, and one of the fairest, if not *the* fairest and widely distributed coin in circulation, and has strong technical features, developer support and community. (see infinitecointalk.org) Your transaction volumes may be low at the moment, firstly because much of the IFC community has never even heard of you, and also because the price has been decreased by malicious selling from a “whale”, and it will take a while for the situation to stabilize. As an exchange, you should be actively supporting and promoting the coin, not attacking it.

If Bittrex is not in this for the long haul, and willing+able to actively support the coins you are trading, then please seriously close your “exchange” now. You are not doing anyone any favors, and the greedy self-serving approach makes you look ridiculous and unprofessional.

SUMMARY:

IFC InfiniteCoin = UNIQUE FIRST purely txn-fee supported cryptocoin, fairest distribution, no pre-mine, no insta-mine, widely distributed, strong tech features, developers and community, IN.

Bittrex, engage and connect with the IFC community, and maybe you'd get some volume.  You should be out there trying to promote and build quality coins like IFC, not just feed on them!

Right now, everyone can see Bittrex as ignorant, short-timer greedy profiteers, and I think you will find your “market strategy” to be incredibly short-sighted and foolish.

(note: I'm not affiliated with IFC, just an independent observer familiar with that quality coin)


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: coinits on May 24, 2014, 12:30:24 PM
We look for coins that have high community demand, innovations to cryto-coin technology, or a contribution to science and humanity. We believe in aggressively taking chances on coins and letting the free market sort out which coins should thrive. We also aggressively prune our markets to allow new coins the visibility to grow in our market.

Below you will find 5 markets that we've previously announced on twitter that we're removing on Friday, May 23rd.  If you'd like to see them stick around, the best thing to do is trade and get the market active again.

BonusCoin https://bittrex.com/Market/Index?MarketName=BTC-BNS
FairCoin https://bittrex.com/Market/Index?MarketName=BTC-FAC
GoldCoin https://bittrex.com/Market/Index?MarketName=BTC-GLD
InfiniteCoin https://bittrex.com/Market/Index?MarketName=BTC-IFC
MonaCoin https://bittrex.com/Market/Index?MarketName=BTC-MONA

We'll follow a pattern of announcing and removing under-performing markets twice a week.  We'll announce the next set of candidates for deletion on Friday for removal on Monday.

After a market is deleted, you will have 14 days to remove your funds before we shut down the wallet (provided the blockchain permits it.)

Here is the list for May 26th:  https://bitcointalk.org/index.php?topic=621622

Your arrogance makes c-cex.com look a lot better. This is nothing but promoting your own service at the expense of communities. You should be ashamed of yourself. Fuck BitterX!


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: blade007 on May 25, 2014, 02:56:19 AM
Who in the Blue Hell is bittrex????!!!  :o :o :o

Don't answer cause NO ONE CARES!!!!


Title: Re: [ANN] 5 Markets being removed from Bittrex this Friday
Post by: rigdeer on May 25, 2014, 03:11:57 AM
support  you ! there are so many coins on the market