JungleOnion (OP)
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August 24, 2016, 04:30:39 AM |
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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.
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pooya87
Legendary
Offline
Activity: 3444
Merit: 10562
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August 24, 2016, 04:38:01 AM |
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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.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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Pursuer
Legendary
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Activity: 1638
Merit: 1163
Where is my ring of blades...
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August 24, 2016, 08:40:32 AM |
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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 0.01 BTC 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. 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. 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. 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.
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Only Bitcoin
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windale
Member
Offline
Activity: 112
Merit: 10
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August 24, 2016, 08:59:00 AM |
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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
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tiggytomb
Legendary
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Activity: 1848
Merit: 1000
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August 24, 2016, 09:07:08 AM |
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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.
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JeffBrad12
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August 24, 2016, 10:15:06 AM |
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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.
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deadsilent
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August 24, 2016, 10:37:23 AM |
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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.
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~Bitcoin~
Legendary
Offline
Activity: 994
Merit: 1000
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August 25, 2016, 05:27:53 AM |
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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.
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| ligma | | | | ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ ███ | | ███ ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ | | |
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arwin100
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August 25, 2016, 05:43:28 AM |
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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.
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rphk
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August 25, 2016, 07:23:52 AM |
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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.
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TraderETH
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August 25, 2016, 07:30:52 AM |
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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.
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SANALIU
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August 25, 2016, 08:34:06 AM |
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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
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passivebesiege
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August 25, 2016, 09:28:47 AM |
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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.
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JungleOnion (OP)
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August 25, 2016, 02:18:31 PM |
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Pretty much what I thought, they are worthless now haha
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Mike8
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August 25, 2016, 02:27:34 PM |
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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. 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.
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HeroCat
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August 25, 2016, 02:35:01 PM |
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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.
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Sergiorr101
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August 25, 2016, 03:33:34 PM |
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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
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fortunecrypto
Legendary
Offline
Activity: 2450
Merit: 1047
thecryptocurrency.directory
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August 25, 2016, 04:28:33 PM |
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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..
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kiklo
Legendary
Offline
Activity: 1092
Merit: 1000
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August 25, 2016, 06:37:42 PM |
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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. 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
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Mike8
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August 25, 2016, 08:23:28 PM |
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I am surprised by the volumes, I expected something about 10x smaller.
I can't speak for other coins, but for FIBRE one possible reason is that there can pass entire days with no new blocks at all. And when it becomes usual to have transactions stuck for days or weeks..... Unfortunately for that coin, not long ago Bittrex also delisted it...
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