Bitcoin Forum
April 26, 2018, 12:29:48 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Historically: Have coins added to new exchanges risen in value as a result?  (Read 140 times)
Timafeo
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
November 04, 2017, 11:25:07 AM
 #1

Simple question:

If a project is announced to have an upcoming listing on Cryptopia or similar exchange, is it a common indication that the price will rise after the listing is up? Or could the new access to markets lead to an easier sell-off? (This question is ignoring the fact that some scam-coins lie about upcoming listings for market manipulation reasons).

Another question for those of you who want to hazard a guess: which exchanges make the biggest difference to the value of a coin when added? Why?

Just a question out of curiosity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524702588
Hero Member
*
Offline Offline

Posts: 1524702588

View Profile Personal Message (Offline)

Ignore
1524702588
Reply with quote  #2

1524702588
Report to moderator
1524702588
Hero Member
*
Offline Offline

Posts: 1524702588

View Profile Personal Message (Offline)

Ignore
1524702588
Reply with quote  #2

1524702588
Report to moderator
1524702588
Hero Member
*
Offline Offline

Posts: 1524702588

View Profile Personal Message (Offline)

Ignore
1524702588
Reply with quote  #2

1524702588
Report to moderator
Zendalet
Member
**
Offline Offline

Activity: 182
Merit: 12


View Profile
November 04, 2017, 11:33:23 AM
 #2

Being listed on an exchange is a sign of recognition and because some exchanges have expensive listing fees, it's also a sign of dedication by the developer.

https://www.cryptopia.co.nz/Paytopia

Listing costs 5 million DOT. At the current rate that is over 5 Bitcoin.

VeriMeVerification, Authentication, ProtectionVeriMe
Pre-Sale December 15th◄▬▬▬▬▬►Participate Now
TWITTER   ▮   TELEGRAM   ▮   FACEBOOK   ▮   YOUTUBE    ▮   MEDIUM   ▮   REDDIT
Timafeo
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
November 04, 2017, 11:41:09 AM
 #3

Being listed on an exchange is a sign of recognition and because some exchanges have expensive listing fees, it's also a sign of dedication by the developer.

https://www.cryptopia.co.nz/Paytopia

Listing costs 5 million DOT. At the current rate that is over 5 Bitcoin.

That's a good point! Thanks for that.

One more argument was suggested elsewhere. I'll reiterate what he said: "When a coin is added to an exchange with greater liquidity, the miners who have been mining the coin since it's beginning will dump their coins, driving the price down."

Do you think this has any merit? I hadn't given it any thought before it was said to me.
DevelopmentBank
Full Member
***
Online Online

Activity: 252
Merit: 106


IOS - The secure, scalable blockchain


View Profile
November 04, 2017, 12:06:53 PM
 #4

Good question.

The statement ""When a coin is added to an exchange with greater liquidity, the miners who have been mining the coin since it's beginning will dump their coins, driving the price down" is applicable to NEW coins that are newly being listed in exchanges. Naturally, miners will need to pay for their expenses and cash out so dumping usually occurs especially if the new coin is listed on it's first exchange.

However, if the coin has been in circulation for some time (majority of the dumpers have already gone), an additional exchange listing the coin usually results in upward price movement. So YES, historically, EXISTING coins that were already being traded, rose in value once added to other exchanges. Take a look at MONERO for example. It reached $120 when it was listed in new exchanges.

bitorama
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile
November 04, 2017, 12:23:51 PM
 #5

but we saw a lot of coins dump after listing in exchanges

gedor
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


Market Integration Platform


View Profile
November 04, 2017, 12:32:55 PM
 #6

Simple question:

If a project is announced to have an upcoming listing on Cryptopia or similar exchange, is it a common indication that the price will rise after the listing is up? Or could the new access to markets lead to an easier sell-off? (This question is ignoring the fact that some scam-coins lie about upcoming listings for market manipulation reasons).

Another question for those of you who want to hazard a guess: which exchanges make the biggest difference to the value of a coin when added? Why?

Just a question out of curiosity.

If you can sell that coin in a exchange, so there should be buyers, if not, exchange itself does not mean anything if there are no buyers. Besides large exchanges provide big volumes, but only good coins can be listed there so when they listed there, their value increase instead of decline as they are good coins.

           ▄▄█████████▄▄                         ▄█▄                ▀██████▄                   ▄██████▀
        ▄█████████████████▄▄                    ▄███▄                 ▀██████▄               ▄██████▀
         ▀███████████████████▄                 ▄█████▄                  ▀██████             ██████▀
           █▀▀       ▀▀████████▄              ▄███████▄                   ██████▄         ▄██████
  ▄█▄                    ▀██████▄            ▄█████████▄                   ▀██████▄     ▄██████▀
 ▄████▄                    ▀█████▄          ▄███████████▄                    ███████▄ ▄███████
▄█████▀                     ▀█████▄        ▄██████▀██████▄                     █████▀▀▀█████▀
██████                       ██████       ▄██████   ██████▄                     ▀█▀     ▀█▀
██████                       ██████      ▄██████     ██████▄                     █       █
██████                       ██████     ▄██████       ██████▄                   ▄█▄     ▄█▄
▀██████▄                    ▄█████▀    ▄██████         ██████▄                ▄█████▄▄▄█████▄
 ▀██████▄                  ▄█████▀    ▄██████                                ███████▀ ▀███████
  ▀██████▄               ▄██████▀    ▄██████                               ▄██████▀     ▀██████▄
   ▀████████▄▄       ▄▄████████▀    ▄██████                               ▄██████         ██████▄
     ▀███████████████████████▀     ▄██████                 ██████▄      ▄██████▀           ▀██████▄
       ▀▀█████████████████▀▀      ▄██████                   ██████▄   ▄██████▀               ▀██████▄
           ▀▀█████████▀▀         ▄██████                     ██████▄▄██████▀                   ▀██████▄
  O HOLD YOUR
OWN KEYS!
  O   O [SUCCESS   
RAISE
US$18mil+]
Zendalet
Member
**
Offline Offline

Activity: 182
Merit: 12


View Profile
November 04, 2017, 12:40:26 PM
 #7

The announcement that a coin will be added to an exchange and the following anticipation can also cause a run-up of the price up to the point where it is actually being listed. Especially when there's little else to look forward to in terms of development and adoption. Then, the price actions follows the market adage "Buy the rumor, sell the news".

VeriMeVerification, Authentication, ProtectionVeriMe
Pre-Sale December 15th◄▬▬▬▬▬►Participate Now
TWITTER   ▮   TELEGRAM   ▮   FACEBOOK   ▮   YOUTUBE    ▮   MEDIUM   ▮   REDDIT
Mr_McKska
Full Member
***
Offline Offline

Activity: 308
Merit: 101



View Profile
November 04, 2017, 12:52:58 PM
 #8

Much also depends on the current state of the crypto market. For example, at the moment adding coin to the exchange is almost equivalent to suicide for most coins because of Bitcoin rally and forthcoming possible hardfork. Even those coins which have growth potential will have a stable volume and price but not more.

▬▬▬ ▰ ▰ ▰ ▰ ▰ ▰ E i d o o ▬ your blockchain asset experience ▰ ▰ ▰ ▰ ▰ ▰ ▬▬▬
▬▬▬▬▬▬▬▬▬ " Token Sale Raised 82,372.33 ETH " ▬▬▬▬▬▬▬▬▬
▬▬▬ ▰ ▰ ▰ ▰ ▰ ▰ TwitterFacebook  ▰ BountyDiscussion ▰ ▰ ▰ ▰ ▰ ▰ ▬▬▬
Zendalet
Member
**
Offline Offline

Activity: 182
Merit: 12


View Profile
November 04, 2017, 01:07:35 PM
 #9

Another question for those of you who want to hazard a guess: which exchanges make the biggest difference to the value of a coin when added? Why?

The biggest exchanges are more exclusive, therefore a coin being listed on one those exchanges could be considered an endorsement by an authority in the field. These days, for a small coin to be accepted by Bittrex is a great honor. It hasn't always been that way though, there are currently many worthless coins on Bittrex that are remnants from the past.

VeriMeVerification, Authentication, ProtectionVeriMe
Pre-Sale December 15th◄▬▬▬▬▬►Participate Now
TWITTER   ▮   TELEGRAM   ▮   FACEBOOK   ▮   YOUTUBE    ▮   MEDIUM   ▮   REDDIT
Lupin297
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
November 04, 2017, 02:17:29 PM
 #10

Depends on the coin, man, Neo went up 56000%, right? Others dump on the first week and stay down forever. Just do your own research, look at youtube analysis and market sentiment about the coin. This will tell you what the price would most likely to be later on.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!