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Author Topic: Coin cleansing  (Read 631 times)
KryptoKai (OP)
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April 17, 2019, 06:54:06 AM
 #1

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation

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April 17, 2019, 07:01:51 AM
 #2

Without delisting, I think the shitcoins will disappear because there is no interest from the people to trade. Besides that, if the project is abandoned, then people don't have to follow them again, and it's better to move to the other project which could be profitable in the future. It depends on the exchanges itself, and if they think that delisting the shitcoin will be great for them, they will delete the shitcoin to refreshing the market and people will see the difference.

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April 17, 2019, 07:17:36 AM
 #3

So binance have delisted BSV and hopefully others will follow soon
Shapeshift and Kraken have also announced BSV delisting.


Should exchanges collaborate and delist all the other shitcoins?
Not necessarily collaborate. This sounds like ganging up. At the end of the day, it's the majority (of users) who should be followed.


Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation
"real project" is subjective. Projects like BSV made it to these big exchanges because some thought it's real. 
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April 17, 2019, 07:43:43 AM
 #4

I hope coin cleansing would really happen since there are lots of shitcoins scattered in different wallets. Through it, we will be able to know which the real projects are and which are not. I think delisting Bsv isn't coin cleansing. I wish that they could do something to refresh the market and remove all the shitcoins.

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April 17, 2019, 07:47:15 AM
 #5

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation

Exchanges should be delisting those shitcoins in which they don't have gains. These coins are garbage that needs to be thrown so that other investors will not be misguided on what to invest.

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April 17, 2019, 07:53:16 AM
Last edit: April 17, 2019, 09:35:03 AM by okala
 #6

The binance decision to delist BSV is not in connection with shitcoin or cleansing but is in relations to the fraud cases file against Craig if you have been following up with the case you will have noticed that binance gave the team one week notice of Craig to clear his name or get the coin delisted and since he did not meet up BSV have to be delisted. I believe shitcoin will face out on they own when no one trade them.any more.
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April 17, 2019, 08:10:24 AM
 #7

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation

Exchanges has been de-listing a lot of coins in their backyard if they find that it doesn't have any movement or the dev is not active from behind.

BSV is a different case though, Craig Wright goes one step further that's why CZ had seen enough of this that's why they have decided to de-list it.

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drumamat
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April 17, 2019, 08:11:41 AM
 #8

All the shit must be cleared.I believe that if any Shitcoin does not have a demand for a long time, then why is it needed.I think most agree with my opinion.
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April 17, 2019, 08:40:30 AM
 #9

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation
Exchange should do this from time to time, it's not good that a shitcoins or a coin that was left by the developers still have a place in exchanges, developers should be given a warning that they should shape out or ship out, this will give a warning that they should keep developing their platform and keeps updating their investors. 

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April 17, 2019, 09:13:01 AM
 #10

I do support the idea that only quality projects and coins should be listed and there should be a way to filter scammy, bad quality or failed projects but seems like it is not very easy thing to determine which project is worth it and which is not so let them list and let the community decide.

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April 17, 2019, 10:06:33 AM
 #11

Should exchanges collaborate and delist all the other shitcoins?

don't be fooled by the public face that these exchanges are putting on these days, it is completely fake.

exchanges do NOT delist coins because they are shitcoins. they have always delisted and will always delist coins that don't produce them any profit. which  translates into coins with low volume. so even the worst coin that is 100000% scam can remain on their platform as long as it is giving them profit.

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April 17, 2019, 10:30:46 AM
 #12

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation
For me not only BSV! if they are sincere to cleansed the crypto-sphere delist all other shitcoins that still making terror on the market. just imagine in every successfull ICO there is a new token/coin will born!? every month im sure cryptocurrency statistics is changing due to new coins/token added. so delist only BSV doesnt make sense to me thats according to my opinion.
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April 17, 2019, 10:50:35 AM
 #13

Just as many hate bitcoincash this doesn't mean bitcoincash is useless,I think bitcoinSV is useless that's why the delisting is a must ,there are few bitcoin forks that are worth it and that can't stop bitcoin from reaching milestone ,let's wait and see how things play out ,I just hope it won't be bitcoin forks only but other coins as well ,too many shitcoins

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April 17, 2019, 11:14:28 AM
 #14

Indeed, the last round of bull market led to a lot of btc forks, which really need to be cleared, but I think there will always be other exchanges that will trade them, and the exchanges will need them to attract traffic. Maybe the next bull market will repeat the same round of bull market. The situation is that people are greedy.

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April 17, 2019, 11:15:36 AM
 #15

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation

First of all, I don't think this is about Bitcoincash. I think this is something between Binance CEO and the SV's team. There could be more cleaning at all times, but SV's situation was different in my opinion.
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April 17, 2019, 11:25:37 AM
 #16

In my opinion, it's great if Binance removes all shitcoin. because shitcoin doesn't have good prospects. thus will boost the crypto economy.
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April 17, 2019, 12:55:29 PM
 #17

I think it would be nice to clean it. But it is necessary to remove it shitcoins. And on the major exchanges of such, as a rule, no. The situation with Bitcoin SV is somewhat different - a conflict has arisen here due to Wright's inappropriate behavior.
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April 17, 2019, 02:32:32 PM
 #18

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation
This one was more about "political" than actual technology reasons so I doubt it will create a wave of delisting of useless coins, it totally should happen but I doubt it will happen.

This was done because the owner of binance was done with that fraud Craig Wright and I am super happy about it honestly but it wasn't done because of the coin, the coin is innocent of all the mistakes the creator of it had so there is no point of expecting other coins to get delisted since their creators are different people.

If it was about how bchsv was a bad coin or something or useless than we could safely assume they will continue delisting other useless coins as well but unfortunately this was done because of the creator not the coin itself so all other coins are safe from getting delisted as long as their creators are not frauds.
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April 17, 2019, 03:49:08 PM
 #19

Yes, the Exchange could delete the coins which they list and they can do that without any warnings. So i had 4 or 5 times that kind of problems, i couldn't clear my coins from the exchanges because there were no withdraw option left. Also i have the other cleaning problem wihich is in my ether wallet, i have more than 200 shit coins in my wallet and i can't delete them and i really don't know what to do with them..

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April 17, 2019, 03:56:39 PM
 #20

So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?

Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation

I am ok with this so-called coin cleansing, which is delisting shitcoins and coins that do not deliver volume and their roadmap, we can get rid of useless coins in the market, and it will not be used in the pump and dump scheme by some traders, but I doubt if they can collaborate with delisting, each exchange are minding their own business.
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