Bitcoin Forum

It is very easy how new coins are hitting Bittrex. Most of the new coin owners already have a big amount of BTCs to create 'FAKE' volume on smaller exchanges, because of this huge 'FAKE' volume, Bittrex start adding the coin on their website. It doesn't really matter if a coin offers something. They only look at volume, and what happens the big BTCs owners that are launching their coins are just using the 'FAKE' volume technic, it happened with USE and UNAT. Smaller coins, meaning coins owner with NO BTC volume, are not able to create this 'FAKE' volume, but really trying to create a difference. One good example that i follow is 'Ethancoin', no trading volume at all, but a working team, a team that try to add innovation to their coin,but big exchanges doesn't care about REAL DEVs, they only care about volume, about their profit. So to have a successful coin that hit a big marketplace you already have to create 'FAKE' volume and this means BTC!!!

At least that is my point of view. We all know that there are groups of cheaters in the altcoin world. Why not start with rules like 'We don't list a coin on a major exchange when it is not more then 1 month old', make life of those cheater groups more difficult. But then again they will find a way to get around it..

It's a greed, bribing, etc. Simple and honest.

Yes, they always add some ipo or ico COINS, it will destroy the encryption world!

Scamming assholes who will be the ONLY winners in crypto until boycotted.  ;D

bittrex Most likely behind some scams.

Ipo or ico COINS are scams, I hate these COINS!Resist the ipo or ico COINS, guys!

They care of vol not coins.they kicked many no premine coins and kept scam ones

Don't have problems with ICO, as this money stay locked for some time, if i read the new rules from Bittrex. I have more problem with the coins that they add lately, and all went wrong.

PRO = DEV is getting crazy after added on Bittrex, lock the thread every 5 secs, manipulating the price like crazy.

UNAT = Was added by 'FAKE' volume (i have prove of that one)

USE = Was very active on c-cex and now it hit Bittrex and what happened, DEV locked the thread.

Come on guys....

I agree the chance of adding a scam coin is lately very high, pretty high!!! But there are coins that are real people, real devs but because of this 'fake' volume they aren't being added.

That is my point, they only care about volume, about their own profit, and if a coin doesn't have too much volume, then they start to delisted it, and most of the coins that were delisted still had a DEVELOPER!!!! working on the coin :(

Here we go again...

Welcome to a real free market.

This is what most of you wanted, yes?

Bittrex is just adding coins because buyers (we, The community) are begging/stalking them to lust a certain coin because they bought it cheap and are dreaming of moon when coin hits bittrex.
Once the coin appears to be a scam, no one remembers suddenly that they begged bittrex to add the coin

Bittrex adds new coins because they get good amount of bitcoins from developer.

Do you think that we want scammers? Give me a DEV, give me 100BTCs and i create the necessary 'FAKE' volume and my coin will hit Bittrex in one day, then i will dump all my coins and lock my BCT thread. Give me a DEV, give me 0 BTCs and will not be able to create 'FAKE' volume and my coin will never hit Bittrex.

USE,PRO,UNAT,DRKC,ICB,USB just to name a few... that hit Bittrex the last few weeks... Really time that they put some real rules in place. As the REAL lovers of the digital currency are losing their money and the scammers are running away with it, and believe me scammers are not investors, they scam and keep on scamming.

Real believer will move away, less investors, less money available, the end of all digital currencies. Ok, only Bitcoin will survive, and this all because of lack of rules, or the 'KEEP GREED' rule.

UNAT was even promoted by someone that GAVE away coins to create 'FAKE' volume. Buy for x BTCs of UNAT and receive X number of coins. Even they didn't check twitter to see if UNAT was clean.

Some other coins are using the same plan. I would say, check c-cex to find out the next coin that will be added, i'm sure that there will be again a 'FAKE' volume coin be created to be dumped on Bittrex.

this is getting really old.

Well said.

I agree with you but not on UNAT  coin.This coin was out for a while before hitting bittrex.pure FuD killed this coin for now.The coin and its code is very solid.Dev and some members of the community didnt see eye to eye.i cant comment on the fake volume as i havent really looked into it.it was disgraceful what happened with this coin and if a commited dev picked this coin up it would bounce back.as for bittrex.they really need to take a good hard look at themselves.this is becoming such a joke.its getting to a point where you question how invovled they really are with some of these scams.they need to take a bit more responsibilty.

You guys are all acting like buyers have no choice but to buy. What... is it some voodoo spell that when a coin comes to the exchange, one has to buy? If a crappy movie comes to the theatre and you did not enjoy it, do you think the theatre owner should not have screened the movie? What's with this insistence on a scapegoat for someone's poor judgement?

Regulation subsidises ignorance. What you subsidise, you will get more of that. You cannot enjoy the benefits of a free market without grinding your way through your own accountability. I simply dont understand the idea behind coming into crypto and calling for regulations! You already have that... its called the stock market.

the whole situation is just pathetic.

 i dont think any of us want regulations bro, we just want the exchanges to have some accountability. why wont they list a good coin but they will list scam after scam after scam? because they get paid to do it. why should the good coins not get a fair shot on an exchange? and i'm not really concerned with holding myself accountable for what i trade because i dont trade all these stupid ass scamcoins. if you cant see why its fucked up that the scamcoins get listed instantly and legit coins they wont even look at then i cant help you.

How are the exchanges magically exempt from this accountability you mention?

Where are the consequences for their poor judgment?

Or should they not face any, coz "free market"?

what people dont get is that all of this bullshit is making it so not even good coins have value because the btc is spread accrossed all these shitcoins. a big part of this is on us. dont mine it dont trade it it goes away. but the exchanges should really do their part as well.

So your saying that in the case of usecoin that people who have buy orders getting filled by coins that were suppose to be destroyed and not dumped on traders its their fault cause exchange allowed this to happen.i understand what your saying and people will lose money and have no one to blame but themselves but somethings traders have no control over.sure the amount of scam that have happened on bittrex as of late must even have you asking questions.the more this happens the closer its getting to regulations are going to set in place buy officials which will take away what crypto is all about.it wont be long before some fines a lawyer brave enough to bring one of these scams or exchanges involved to a court of law and we will see the flood gates open.will not be a good day for crypto.in the end everyone will lose out because they failed to act on it now.

 how hard would it be for them to have someone on staff to take 20 minutes and look at the code?

When you think about it though Bittrex doesn't owe you or me a god damn thing, really. They're free to operate their website however they want. You're free to choose a different exchange if you don't like it.

Its this sort of attitude thats kill  crypto.i cant believe u think they have no responsibilty to their customers.the very people that make them money.i hope all their customers use another exchange than we will see if they do something.

Mintpal was good in the sense it pretty much only added 1-2 a week.

OK.  Done.  Bye Bittrex.

I bet this topic got spawned by one of the participants of the latest USE pumps. Everyone who bought deserve a tasty spittle in the face, that's it and its my opinion. What i am seeing the highlight of this fucking drama is that every greedy idiot, every ostentatious ass always against ICO, and a hundreds of them no matter age are fucking avid antagonists and bashing everything that is relative to ICO, but always running their asses off to get in cheap market, each time in new ICO. No matter, what are u buying, right? social paradox fucking proved herd type of behavior - call that whatever u want ALWAYS mentally deficient ones return to when they started to move, everyone who once bought on ICO thinking he was faster and smarter than majority but got burned would be carry on again again and fucking again repeat and circle buy on ICO than complain, buy the fuck again and complain, create the topic like: "why does bittrex add unsuccessful coins and allow ico fuck?", and discuss there with the other goofs how hard life is.
"We lost money again, we getting sick of paranoia during the erection on cheap shits what should we do a-a-a-a"
That's it. Since the topic more LOL'd than reasonable losers have never had a motivation.

+1  :D

What are you dumb, saying... lol they don't even warn of suspended markets. Three weeks ago MYC got pumped with 100btc. It was frozen from tradings, mintpal staff didn't even check the announcement

and what about stellar ... stellar was first listed on justcoin and the thai exchange ....  and i'm pretty fucking sure no one asked for stellar to be listed ... those 2 exchanges saw an opportunity and took advantage of it ... and the thai exchange did a pretty good job with support also ... they were responding faster than justcoin


anyway what I want to say is that exchanges will list coins that they believe will make a lot of volume because this is how they live ... from fees .... now the only problem is what will be the next coin who will make a lot of volume?  


for example
on poloniex monero has 112  BTC volume and on bittrex only 6 BTC
on poloniex bitcoindark has 9BTC volume and on bittrex 111 BTC

this means people still decide where they want to exchange their coins :)

maybe a good ideea is to sign up for more exchange sites like poloniex.com, mintpal.com, justcoin.com, bx.in.th, counterwallet.co, melotic.com etc so this way you can trade your coins where you want :)

English motherfucker do you speak it? your view of all this is laughable.

An exchange in crypto merely acts as a mediatory between two parties willing to trade voluntarily. The most important factor here is the voluntary bit. Someone has 1000 shitcoins for sale for .1BTC, someone has .1 BTC to purchase 1000 shitcoins. The exchange checks if both parties have the said amount in hand, and if they do, they act as the mutually trusted escrow to exchange the items at hand. This is what an exchange does. Their fee is basically monetising their reputation and the service of convenience.... in this case, the convenience of having a website with buttons. Holding Bittrex accountable for a voluntary trade gone bad is like expecting them to be in insurance business.  

We need to first get the language into perspective and start at the basics. First of all, A person does not "get scammed" in crypto, any more than a guy betting on a horse race got scammed because his tip turned out to be false. That is to insinuate that the event occurred by an external event that was outside his control... which automatically means he had no choice in the matter. If that were the case, it has to be universal... ie, it had to happen to everyone. We know this is not true. I say that accurately because I can use myself as an example. I did not get scammed by <insert coin name>. That was because I did not buy the coin. I did not buy the coin because I researched the coin. I made a conscious decision to not invest my money in that product. I also do the same before deciding to buy a phone or a computer. I weigh the extra cost of the warranty and brand name items to the cost effective shady ones. I own the consequence of my actions. So if the one without a warranty breaks, its on me.

By asking an exchange skip on these steps and make that choice for you, is essentially a cry for staying the same (ignorant and unaccountable) and forcing the environment to change. This forfeiting of your right to choose is the origins of a Government. So no, I would love it if bittrex continues to list the coins they need to to stay in business. It is the buyers who must do their due diligence before parting with their money. If that buyer gets all excited by seeing "volume", fake or not, its not an excuse to not be accountable for the trades they do.

Yes that happens on bittrex from time to time that why i decided too withdraw all from it. Most on fact that coin are adding and deleting from this market every day and if u have some founds on this coin you can do anything about it.

Hate this about it but it there business.

If you do not trust bittrex, then you should not trust bittrex. Bittrex do not want you to trust it(him?). Let it be. It does not take your trust. You do not need to trust anyone. They have no responsibility to investigate before releasing their funds. Because they dont want have responsibility. Take it as it is.

Have you ever been punched for your tone? Be quite next time, this is not your discussion. Read my post carefully and if you want to reply, then contribute something useful and grammatically correct. Next time you try to shout, someone plugs a dick in your imprudent mouth. I guess you are trying to offer excuses. You have made obvious trading mistakes in the past so now try to exonerate oneself. Listen to me, fag, just get out. You got burned once and will again, just like every clueless underaged suckling. Don't even try to understand how does microeconomic work, just go for a work loader on huge building.

I go trade on mintpal

bittrex is greedy.Give them money then he can add your coin.

I left that toilet long time ago and migrated to lazycoins, you guys should do to..They have good ethics on adding coins I hope they stick to their policies to protect the community. https://bitcointalk.org/index.php?topic=704759.msg7968476#msg7968476

Yes, i withdrawed everything from BitTrex and now trading on MintPal, cCex and lazycoins

Bittrex goodbye!

Is mintpal not dead? In fact Bittrex will be dead soon too... greed destroy it. Where was the time that they beg for coins.... now they think that all altcoin world goes throw their ass.

Exchanges will add any coin from which they can make profit , no matter if coin is instamined , premined or whatever and they are also fast to delist the coin as soon as volume drops , win-win situation from them and more or less , its same for every exchange.

Indeed, the delist is RIDICULES!!! That destroy the idea behind digital currencies.

They want your money, if you buy/sell coins, they win

Right they are too greedy and they should suffer the same fate ass we suffer for not able to trade and rest.

Hope to see that day soon.

Do your due diligence and dont trust their ICO's. I am sure they don't have a vetting process and just charge 3btc fees apparently. Sad!

Nice Freudian slip.

And that, precisely, is the free-market consequence of them sticking their feet in the you-know-what. Each one of us in our own way is part of this here free market.