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Author Topic: Bittrex is removing a lot of coins  (Read 514 times)
hollie1982 (OP)
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March 20, 2018, 10:17:23 AM
 #1

Bittrex is removing a lot of coins from their exchange on March the 30th.

8BIT
ADC
AM
AMS
APEX*
ARB
BITS*
BITZ*
BLC
BOB
BSTY
BTA
CCN
CRBIT*
CRYPT*
DAR
DGC
DRACO
DTC
FC2
FRK
FSC2*
GEMZ
GHC
GP
GRT
HKG
HYPER*
HZ
J
KR*
LXC*
MAX
MEC
METAL
MND
MTR*
MZC
NAUT
NET
NEU*
NTRN
OC*
ORB
PRIME*
PXI
ROOT*
SCOT
SCRT*
SFR*
SLG
SLING*
SOON
SPRTS
SSD*
STEPS*
STV
SWING
TES
TIT
TRI
TRK
U*
UFO
UNIQ*
UNIT
UNO
UTC
VIOR*
VIRAL*
VPN
WARP*
XAUR
XBB
XC
XCO
XDQ*
XPY*
XQN
XSEED*
XTC
YBC*

Source: https://support.bittrex.com/hc/en-us/articles/360001609031-Wallet-Removal-on-March-30-2018
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Billospas
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March 20, 2018, 10:49:01 AM
 #2

Time to get rid of the XRP as well.
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March 20, 2018, 10:59:59 AM
 #3

I started to dislike Bittrex because of their shady wallet locks whenever it suits them, but removal of shitcoins is definitely a move in the right direction. Hh, XRP, it would be kinda funny if the whole crypto space started to boycot it. I wonder, what would happen to it :p But hey, free market Smiley
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March 20, 2018, 11:09:25 AM
 #4

doesn't sound like a bad idea.. make more space for decent projects!
yesuidanggan
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March 20, 2018, 11:46:14 AM
 #5

There are 82 kinds of crypto currencies that have been removed from the shelves.

It also means that the 82 currencies are about to go to zero, and no one knows how much they will lose.

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March 20, 2018, 12:01:47 PM
 #6

Shitcoins Cool
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March 20, 2018, 12:34:28 PM
 #7

But it's no surprise really.
I've never seen these shitcoins before, probably just as well  Grin

We are waiting for new and ambitious coins!
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March 20, 2018, 12:38:45 PM
 #8

Good. All of them were nothing more than shitcoins, scamcoins and vaporware (I mean, Titcoin? really?). I believe the reason why they're being removed is the low volume, most of them don't even reach 10k or 5k volume in 24h. At least this will let buyers/investors focus on the good and promising projects

Hopefully, other exchanges (Binance or Cryptopia) can take the same approach and start the same purge.

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Jake2134
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March 20, 2018, 12:41:28 PM
 #9

I think it's a good move for them because those coins i think isn't that volatile and just there doing nothing but the problem that will cause people quitting crypto if they actually didn't withdraw it on time.
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March 20, 2018, 01:00:15 PM
 #10

this will be a good news for the new coin that will surprise us and will be a bad news for holder that holds the coin above, I agree with the decision has Bittrex made
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March 20, 2018, 01:03:20 PM
 #11

Maybe they don't have any vision are they don't generate enough volume in the market, Bittrex is doing good now a days by dealing with the crypto industry. Choosing the right one and listing in Bittrex will get more exposure to the community.
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March 20, 2018, 01:11:25 PM
 #12

Shitcoins meant to be delisted and this is fair decision so that traders can easily sort on which coin they would like to trade with, and now let see if there would be more potential coin will be added on bittrex since this delisting will surely open a seat for those new comers who want to be added on this site.

Bittrex should need to be more selective and choosy for their next addition so that people could make sure that they will not do trade with those shit ones.

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March 20, 2018, 01:30:48 PM
 #13

This year will be the year of Blue-chip coin, and any shitcoin which don't have a clear purpose, product and team behind will be delist or disapear.
But sometime, Bittrex usually remove a coin with no reasons  Sad

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boyshx
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March 20, 2018, 01:45:36 PM
 #14

Finally they are making move by taking initiative to shred off the shit coins from the market. Obviously there is no point in holding them at all and it also attracts the scammers to do pump dumps activity which is not even legal anyway. Most of the time newbies fall for this and they cant get rid of it until they find themselves in complete loss. Im pretty sure that bittrex has made good move and soon other exchangers will follow the same. I think they are doing for their internal stability which is good anyway as it will help us to choose the good volume coins.  Cheesy
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March 20, 2018, 01:49:07 PM
 #15

It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.

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March 20, 2018, 02:00:14 PM
 #16

Majority of the coins that Bittrex will remove on March 30 are just shitcoins! It has slow movement in the market. This is waht I like about Bittrex. It is a quality exchange with high security. The coins that will remain in the sites are quality coins. It would be much safer to trade on Bittrex.
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March 20, 2018, 02:01:52 PM
 #17

Bittrex is removing a lot of coins from their exchange on March the 30th.

8BIT
ADC
AM
AMS
APEX*
ARB
BITS*
BITZ*
BLC
BOB
BSTY
BTA
CCN
CRBIT*
CRYPT*
DAR
DGC
DRACO
DTC
FC2
FRK
FSC2*
GEMZ
GHC
GP
GRT
HKG
HYPER*
HZ
J
KR*
LXC*
MAX
MEC
METAL
MND
MTR*
MZC
NAUT
NET
NEU*
NTRN
OC*
ORB
PRIME*
PXI
ROOT*
SCOT
SCRT*
SFR*
SLG
SLING*
SOON
SPRTS
SSD*
STEPS*
STV
SWING
TES
TIT
TRI
TRK
U*
UFO
UNIQ*
UNIT
UNO
UTC
VIOR*
VIRAL*
VPN
WARP*
XAUR
XBB
XC
XCO
XDQ*
XPY*
XQN
XSEED*
XTC
YBC*

Source: https://support.bittrex.com/hc/en-us/articles/360001609031-Wallet-Removal-on-March-30-2018


Note: Those with "*" are the only coins that would be delisted. It is also a smart move for bittrex for doing so because there is no need to list coins/tokens that is unable to circulate their supply for that proves how good a coin/token is, when somebody is trading it. I feel great reading this news.
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March 20, 2018, 02:11:16 PM
 #18

It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.
Of course the bittrex has done a very mature analysis and thought. Removing the coins from the list they have there must be a very strong reason. Most are coins that are not developed yet, although Bittrex is known as a tightly qualified exchange to include the d exchange list, but we do not know when a coin will experience a decrease in performance. This is something reasonable and Exchange Bittrex has started to remove coins that do not have the potential for the future.
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March 20, 2018, 02:30:12 PM
 #19

It is a fair move. It can be expensive to run the right infrastructure per coin and you would start to incur losses with low volume and especially on coins with broken blockchains.

I think it only makes sense for Bittrex to removed coins that are not performing well. And this is no big issues, other exchanges also do it. I remember has last year there are some big exchanges who removed or delisted a lot of coins.

The only drawback I heard then is that exchanges didn't informed dev right away, that's why most of them are caught unaware of the said actions and most of them are arguing that they are still doing development at the background that's why the project seems to be quiet.
Of course the bittrex has done a very mature analysis and thought. Removing the coins from the list they have there must be a very strong reason. Most are coins that are not developed yet, although Bittrex is known as a tightly qualified exchange to include the d exchange list, but we do not know when a coin will experience a decrease in performance. This is something reasonable and Exchange Bittrex has started to remove coins that do not have the potential for the future.

One of the strongest reason is they doesn't have any good volume to support their trading ecosystem that's why bittrex management look them as nuissance coin that needed to be delisted for trading at ease reason. And one of the reason why coins get poor performance is due to the dev's fault upon poor supportin on their coins and also the dev scamming reason.
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March 20, 2018, 02:59:48 PM
 #20

before those coins were delisted bitrrex already removed plenty of coins and most of them are shitcoins with lack of interest with low volume market so i think this is normal because other exchange also will do the same things so nothing big things here

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