Coin Delisting, Coin Swapping, Wallet Maintenance, May 14 Consensus Rally?

[Davidbike1]

I am starting to get disgusted with the exchanges being able to do this "Coin Delisting" and "Coin Swapping" and "Wallet Maintenance".

"Coin Delisting", in the past month Cryptopia (and not to be harsh on just Cryptopia, I know a lot of other exchanges have done this) sends notices of about 40 coins that they are taking off the trading platform and there is a one month of time before it is not even on the exchange anymore and the trading platform and the investors/traders are ok with this?  The qualifications for a coin developer to be accepted onto an exchange I think have to be stricter.  I think the exchange trading platform needs to have more communication with the coin developer if there is an issue and if not already done so the coin developers need to provide multiple ways of contact.  And I don't think that the trading platform should be able to delist the coin like it is nothing.  The exchange lists most of the coins that they are being delisted were coins that were still able to trade using Bitcoin during the January excitement so I am sure that there are a lot of traders/investors who have these coins while they fixed their dogecoin and litecoin that took about 2 months.  About half of the delisted coins I am unable to withdraw out of Cryptopia and why because of "broken blockchain"- what are you talking about?  Then someone that is getting paid should be obligated to fix the broken blockchain.  It is not my job as a trader/investor to have to fix this "broken blockchain".  Some of the coins I can not withdraw because the only other exchange that lists the coin has "wallet maintenance" status.  What are they even doing "wallet maintenance"?  It has already been a month on a few of the coins such as POSW and XGR and FAZZ I had money in those and what am I supposed to do, I can't even retrieve them.  What if I did not have a way to access the internet for 1 month?  A couple of coins only trade on Cryptopia CRUR and FONZ and GAIA and I have money in those coins.  So what am I supposed to do?

"Coin Swapping"  Why are the coin developers even doing this?  I believe some of them the investor/trader does not have to do the coinswap to get their coins and some do?  It took me hours of frustration to figure out how to do a coin swap and I didn't even do it right and I thank the developers of Scorecoin who ended up giving me the value that I had when I showed up my coinswap attempt.  As an investor/trader I don't feel that it is my responsibility to be having to do coinswaps.  I shouldn't have had to download programs onto a computer and learn programming and adding nodes.  I got a better idea, if you are a coin developer and you have to do some sort of coin swap for whatever reason then just make another coin and the coin developer has to be able to put the coin onto the all of the same exchanges that the old coins were listed on and be able to give the same U.S. dollar or Bitcoin value that the trader/investor previously owned or another option the exchange has to give the trader/investor the value of the coin at the time of the last trade and the coin developer can pay for it.

I just didn't expect this, but if this is just going to continue then I am not going to invest as much as I did in most of the altcoins unless I plan to sell it very soon.  This type of stuff is also going to discourage new investors.

A little disappointed to see most of the digital currency coins down about 10% now since the May 14th consensus started especially after I read multiple articles and watched videos that there could be an excitement in cryptocurrency.  I feel bad that I shared the information among all of my friends who I share investing ideas with and encouraged them about buying.  Is there negative news right now?

  

[davis196]

If you are investing in pump&dump altcoin that`s the entire risk that you have to take.
Do you think that those altcoin devs care about you?They stop caring about their coins and all the investors after they get the REAL MONEY(fiat or btc).
Do you think that the crypto trading platforms care about you?If you deposit large amounts of crypto into some trading platform, they are gone.

[aleksnutis]

Everyone was waiting a Consensus for a growth. And the market showed us the opposite contrary to the expectations of many investors who like cyclicality in cryptocurrencies.

[Xester]

This is the reason why I  no longer bought coins from ICO since at the end of ICO the promise of the developer to go to the exchanges are taking too long. And before you know it they will just disappear or will propose a coinswap. The coinswap is really frustrating since if you are not always updated there will be a chance that you will not be able to swap your coins on a said schedule and this means your loss. Investing on ICO's should be profitable and not a gamble and thus since I am fed up I no longer buy coins sold in ICO but instead I focus on bitcoin.

[jasonhart]

Before  investing in any altcoin BTC we should research and study about it's trade story bro. you have to play smart and dig down before investing as much as you can.

[availcrypto]

Truly this is very disappointing.  And to avoid this kind of situation, I think, proper decision has to be taken before finalizing the investment plan. If one make a good study report of an ICO,  he or she can be safe in most of the cases.

[cryptohipo]

These days, the price of coins of cryptocurrency market is falling so sharply. Many of the investors were hoping that after the consensus the scenario might take a different turn. But, that has not occurred yet.

[cryptovally01]

Bitcoin is one of the best crypto currency in the world & it’s a best sector for invest money because after few years later this price will double so money will be double but the promise of ICO is little frustrating for general people but in business there is always good and bad time we should consider this.

[kma.deno]

Everyone wants to create their growth but if you invest on altcoin you can’t reach your position. If you invest large amount of money in altcoin then i think it's a foolish decision.