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Author Topic: Bittrex just kicked off another bunch of dead coins  (Read 1497 times)
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January 18, 2017, 11:03:56 PM
 #1

Looks like Bittrex just kicked off a bunch of coins. Moral of this story is to be very careful of any coin that is only traded on 1 exchange and to be honest, some of these coins deserve to be kicked off. Only empty promises and for some, not even a  legitimate website or development team. I guess this will slowly weed out junk coins- Polo has been doing the same thing.

Some of these coins have been around a while but I guess that is it.

Anyone have any other info, speak up. 

No exchange, no market, no coin.

https://bittrex.com/status
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January 19, 2017, 01:45:44 AM
 #2

Bittrex has increased its listing requirements lately and also its process for vetting new coins.

Basically, if a coin is traded on their exchange you can be sure it's an actively maintained currency w/ decent volume.

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January 19, 2017, 01:51:20 AM
 #3

Bittrex has increased its listing requirements lately and also its process for vetting new coins.

Basically, if a coin is traded on their exchange you can be sure it's an actively maintained currency w/ decent volume.

I agree, also it is a good way to filter  good coins,those with solid group or company backing it. C-cex is also doing the same,they have listings from time to time for coins to be delisted if transaction volume falls below .2 BTC.

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January 19, 2017, 02:17:28 AM
 #4

Exchanges have no moral, they want money, that's all. Bittrex asks for 3-5 bitcoins to be listed, if you pay it, you will get listed even it is a scamcoin, lol.

                                 
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January 19, 2017, 02:22:58 AM
 #5

well time for those good coins to be listed as we all knew that bittrex have a lots of traders that's why even scammers are investing 3btc just to enlist their scam coins inside it and gain more but for those dev that really care about their projects they are waiting for enough time to increase popularity and support coming from their community, good time to look for some coins that not enlisted yet and buy some of it for good investments.

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January 19, 2017, 02:27:53 AM
 #6

Bittrex has increased its listing requirements lately and also its process for vetting new coins.

Basically, if a coin is traded on their exchange you can be sure it's an actively maintained currency w/ decent volume.

I agree, also it is a good way to filter  good coins,those with solid group or company backing it. C-cex is also doing the same,they have listings from time to time for coins to be delisted if transaction volume falls below .2 BTC.

delisting based on low trading vol in reality is extremely bad for crypto and assists the multiple scam coin makers.
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January 19, 2017, 02:33:27 AM
 #7

That is good way to get rid of bad coins from good exchanges so The value of bittrex exchange will be higher. I fully agree with bittrex actions.
which coins are not future , we do not trade or buy those coins . Try to look for good coins for you
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January 19, 2017, 02:40:28 AM
 #8

Exchanges have no moral, they want money, that's all. Bittrex asks for 3-5 bitcoins to be listed, if you pay it, you will get listed even it is a scamcoin, lol.

That's incorrect. There are several criteria a currency must meet before being accepted, even when paying the application fee.

Bittrex is looking to advance cryptocurrency globally and to seek out coins that have active development and real-use cases.

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January 19, 2017, 02:43:35 AM
 #9

That is good way to get rid of bad coins from good exchanges so The value of bittrex exchange will be higher. I fully agree with bittrex actions.
which coins are not future , we do not trade or buy those coins . Try to look for good coins for you

trading vol itself is no indicator of the merit or value of a coin. many a scamcoin has huge vol, plenty of genuine cryptos being worked on quietly by quality dev teams have no volume at all.

for scamcoins its not so hard to use bots to fake volume., in order to keep your scam running., once you've made your btc/fiat, bail start a new scamcoin, which these exchanges will happily list, leaving the bagholders from you previous scam with nothing.

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January 19, 2017, 02:58:54 AM
 #10

The truth is that bittrex added many coins that probably should not be on the website. Many of them had almost zero trading volume, the developers of the currencies also did not contribute, because the development was very slow. I believe that from now on bittrex will be more cautious when choosing altcoins to be listed.

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January 19, 2017, 06:26:17 AM
 #11

Looks like Bittrex just kicked off a bunch of coins. Moral of this story is to be very careful of any coin that is only traded on 1 exchange and to be honest, some of these coins deserve to be kicked off. Only empty promises and for some, not even a  legitimate website or development team. I guess this will slowly weed out junk coins- Polo has been doing the same thing.

Some of these coins have been around a while but I guess that is it.

Anyone have any other info, speak up. 

No exchange, no market, no coin.

https://bittrex.com/status

what do you mean moral
all altcoin exchanger, if coin die without volume transaction
or volume transaction very low, exchanger can dilisting coin

exchanger is only bussines, can good coin exchanger can accepted and then someday people not interest buy , and volume transaction very low exchanger kick out and dilisting coin
is normaly not moral

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January 21, 2017, 05:12:10 PM
 #12

There is no morality in whatever you are trying to pass across because to the best pf my knowledge, those "dead coins" someone created it and its from your own opinion that they are dead and thanks that your voice is not the voice of every one to take a position for us. And for the advise, we appreciate and its a welcome advise. Also the last time I checked Bitrrex has never forced anyone to buy any coins, they support and advise, if you are convinced you part away with your money if you are not, you keep your money. Its as simple as that...



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January 22, 2017, 02:28:46 AM
 #13

An exchange makes it's money from trading fees and if the coin is not meeting their volume requirements, it will be removed.  Just like a store getting rid of unwanted inventory to make room for new items.  Many exchanges do this so it's really nothing new.  If the coin get's delisted off of Bittrex, you can always get it added on Yobit.  They never delist coins. lol

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January 24, 2017, 01:56:05 PM
 #14

Bittrex and any exchange just do business, they need to make their business make a profit, Bittrex have a reason why delisted coin, they do with reason beside low volume sometimes many coin on Bittrex is not getting support from developer again and the wallet didn't working, exchange need to protect their business, so is such a normal thing.

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January 29, 2017, 03:04:33 AM
 #15

those dead coins have nodes, that would cost bandwidth and disk space on bittrex network

imagine if dead coins has a very large blockheight that is consuming an average of 1GB per coin that would consume 100 x 1GB = 100GB

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January 29, 2017, 03:51:53 AM
 #16

Bittrex has increased its listing requirements lately and also its process for vetting new coins.

Basically, if a coin is traded on their exchange you can be sure it's an actively maintained currency w/ decent volume.

I agree, also it is a good way to filter  good coins,those with solid group or company backing it. C-cex is also doing the same,they have listings from time to time for coins to be delisted if transaction volume falls below .2 BTC.

delisting based on low trading vol in reality is extremely bad for crypto and assists the multiple scam coin makers.
Ah don't git the logic behind what you jist said.  How is dead leaves droppin' off'n the trees gon' be bad fo' the tree?  You know what I'm gittin' at?  These is scam coins, rite?  It's betta if they jist die inna spectacula fashion, like Kennedy gittin' assassinated.  Blow they muthafukkin heads off.  Thet's wat they deserve.
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January 29, 2017, 04:48:11 AM
 #17

it is a good news for us because with delisting the dead coins, we don't have to traded the bad coins which don't have a good journey from the dev and if we have a stock on that delisted coins, this will make the coins as a bad investment. i think bittrex want to makes to be a good exchange better than before because they are competitor for poloniex and i am sure that bittrex will add new coins that will have a chance to be traded by the traders.

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January 29, 2017, 04:50:38 AM
 #18

They should kick off all their coins and shut down the shop because its dead over there now a days. Everyone left.
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January 29, 2017, 10:04:42 AM
 #19

That is beneficial for the newbie to the trade as those who will not know about these dead coins will not meet these coins to invest in. On yobit I was fooled to invest in a dead coin. But I will ask that what will those people do who have bough these coins and have them in their bitrexx account? will they be able to move them to another wallet? I am asking it because on yobit I have a coin bought b me.

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February 12, 2017, 11:17:23 AM
 #20

Actually their policy is good, i'm for it. What do we have with Yobit and dead coins over there? Low volume, fake pumps, coins which are in maintenance mode forever. Bittrex has more proffesional aproach, this is why lasting so long as one of the best.
 Cool
Someone must clear up alts, i must say thank you Bittrex!



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