mintomia199 (OP)
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October 28, 2018, 03:51:09 PM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
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turkmachiavelli
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October 28, 2018, 03:57:18 PM |
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Actually I don't have true information about that but I heard something about that some coins lost and lost value and they reach to 0 as price than they just gone. I don't know is it true or not ?
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xOdiumNostrumx
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October 28, 2018, 04:00:58 PM |
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Not sure, but I am aware that there is a specific section of "dead" coins or the coins with extremely low or basically non-existent daily trading volumes. Oh, now I see, they are marked as inactive, like for example the famous Bitconnect one.
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Jamboo30
Member
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Activity: 378
Merit: 10
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October 28, 2018, 04:05:57 PM |
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As far as I know if a coin has a low transaction volume, it will be removed from the trading platform and then removed from the coinmarketcap. This is based on coinmarketcap and coinmarketcap. I saw some Ponzy coins which were removed from it. These projects were completely dead after the collapse of Bitcoin.
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jan.nicolas
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October 28, 2018, 04:09:40 PM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
It seems to me that everything is connected with the popularity of this or that project, because if there are no movements on the exchange, then correspondingly the exchange is simply not profitable and it earns nothing from it. Therefore, some tokens and coins are simply removed from the exchanges.
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boyshx
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October 28, 2018, 04:09:54 PM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
Coinmarket has the policy of listing any marketplace, coins, tokens and if any of them go out of the way will be delisted from the CMC. The policy tells about specific market volume, market capitalism and 24 hours volume. If any coins is not getting that much volume then it doesnt fit to the criteria and is eventually delisted. The CMC itself works on the volume basis where they rank according to the higher volume to lower volume coins.
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mazdafunsun
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October 28, 2018, 04:16:01 PM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
There could be a ton of reasons why this could have happen. The most common ( i believe) i sthat coin is loosing volume, and it is not profitable for exchnage. i tcould be marked as scam thus exchnages do not want anything to do with it. If the coin loses volume, CMC delists it. I think that CMC should be actively fighting the epidemic of fake volumes.
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rahul7timt
Copper Member
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Activity: 322
Merit: 0
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October 28, 2018, 04:18:34 PM |
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I am not sure about it but I am happy if this is going on because there are lot of worthless coin those should be removed so that only genuine coin will be available in coin market cap.
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Xcode7
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October 28, 2018, 04:30:08 PM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
Coinmarket has the policy of listing any marketplace, coins, tokens and if any of them go out of the way will be delisted from the CMC. The policy tells about specific market volume, market capitalism and 24 hours volume. If any coins is not getting that much volume then it doesnt fit to the criteria and is eventually delisted. The CMC itself works on the volume basis where they rank according to the higher volume to lower volume coins. reasons that I think are right. I often hear about coins issued from cmc, there are various reasons, one of which is their volume is getting smaller and the other reason is because the coin has lost confidence by reason of fraud that makes the price of dump. the price dump affects the volume and finally the coin is lost from the cmc
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Chacha1000
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October 28, 2018, 04:37:13 PM |
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Yes i noticed that too that some coins are removed from coinmarketcap,i blame it on low volume and poor team.
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batang_bitcoin
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October 28, 2018, 04:38:36 PM |
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Bitconnect is one coin that has been removed to coinmarketcap and the reason is pretty obvious because that coin is a scam.
Do you remember those coins that has been delisted to coinmarketcap? its either those coins are totally dead, a scam or really don't have any progress at all. I'm not sure what's the basis of CMC for them to remove a certain coin on their list, they probably have their own reason but those points that I have mentioned earlier probably are some.
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mazdafunsun
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October 29, 2018, 11:20:23 AM |
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Do you remember those coins that has been delisted to coinmarketcap? its either those coins are totally dead, a scam or really don't have any progress at all. I'm not sure what's the basis of CMC for them to remove a certain coin on their list, they probably have their own reason but those points that I have mentioned earlier probably are some.
They have a rule that coin should have 100k$ volume in 24h, but interestingly enough i know several coins which have been listed there but right now there is much less volume than 100k$ and they are still on the list, the question is when the volume becomes a criteira to delist? I think that this is bad criteris for listing becasue they are those who are the root of the problem with fake volumes.
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kidbounty
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HELENA
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October 29, 2018, 11:24:45 AM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
maybe because the trading volume of the altcoin is too small so it is removed from the market and disappears from the coinmarketcap. Whatever the reason, the project is certainly not qualified and has no investors.
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bartolo
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October 29, 2018, 11:32:20 AM |
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They have a rule that coin should have 100k$ volume in 24h, but interestingly enough i know several coins which have been listed there but right now there is much less volume than 100k$ and they are still on the list, the question is when the volume becomes a criteira to delist?
That rule doesn't exist right now, it's not needed to have that daily volume to be listed in Coinmarketcap. What I don't know is if this can be done for free or if there is a fee that must be paid.
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D3m1r4wanti
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October 29, 2018, 11:41:49 AM |
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one of the conditions that coins can be listed in the coinmarketcap is when their trading volume reaches a certain amount as required by the coinmarket stamp. therefore when some coins are removed from the coinmarketcap list because there is no trading volume on the coin.
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hahay
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October 29, 2018, 11:42:21 AM |
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I have never seen this and I also do not know about that information, because I don't pay much attention to the many coins there, I also only pay attention to the price of the coins I have only and they are in the top 100 in coinmarketcap. But if that really happens, then I think you can find accurate information on the website or anything related to the missing coin. I think there are a number of possibilities, maybe the value of the coin continues to fall until no one else invests in coins or their project, thus making the coin lose its supporter and does not have an increase in the price on the market. Another possibility is that the developer may decide to close for various reasons etc.
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Rishblitz
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I'm nothing without GOD
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October 29, 2018, 11:44:00 AM |
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because some coins use fake trading volume on exchangers and maybe this is actually shitcoin, that's why coinmarketcap removes it
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catubayjhon
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October 29, 2018, 11:49:52 AM |
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me to i dont know how they get rid on coinmarket maybe it is true that when low coins transaction or reach the 0 price the coinmarket removed it to focus on coins that has potential even the crypto market now is down.
i think this is the idea of coinmarket to clean the market and to promote the coin that has future.
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eagle10
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October 29, 2018, 11:52:46 AM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
In my own point of view, community support lost their hope in the coins they hold because of some certain reasons because also of losing and decreasing value. Sad, they don't want to Hold long term for their coin. The community sell them and when there are no one already trading like buying and selling the volume goes to zero and that's it if it goes zero for a long time because no one buys, bye bye.
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bob3772
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October 29, 2018, 11:54:22 AM |
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I noticed some coins are removing from the coinmarketcap and some from specific exchange. I don't understand how the coin vanishing.Could anyone give me some reasons why coins are removing?
Coinmarketcap now list coins if they're on 2 or more exchanges that they consider to be reputable, my guess is that they've decided one exchange they had previously considered reputable isn't reputable and therefore are removing all coins that no longer fill their criteria.
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