AndRE177
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October 19, 2019, 07:54:29 PM |
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It is unfortunate if good project coins sign up for bad luck. Moreover, lately many pesky exchanges have sprung up that only want to reap profits, thus making other people trading there losing. it looks like that unlucky exchange must be removed so that others don't lose.
In our power to ignore projects that we do not like, it's easy to do. Also, we can easily ignore the exchange, which for one reason or another are bad, thus we will deprive these exchanges earnings on commissions from our trade. So we are the power and we can decide.
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fotomask
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October 19, 2019, 08:35:43 PM |
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This may sometimes be due to funding or that developers do not have enough money to go to large and popular platforms.
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tabas
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October 19, 2019, 09:00:41 PM |
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This may sometimes be due to funding or that developers do not have enough money to go to large and popular platforms.
What op is pointing out is why they will rush to make money out of their project if it's not well planned from the start that they should be in a good exchange. It's part of their business plan to engage with a good exchange to tell that this is serious business and we know that many used to depend on exchanges these days. And some of these developers doesn't see the importance of being in a good exchange, they think that just because it's on exchange the investors will treat it as something good and an achievement.
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mdzahed134
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October 19, 2019, 09:16:44 PM |
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Without any doubt projects that are listed on exchanges like Exmartes are already dead. Team members think that they can save money from token sale by listing their tokens on such exchanges, without even to understand that this is a fatal decision.
Most of the IEO projects try to list in shit exchanges because first of all they have not enough money to looking for bigger exchanges this is the main fact at the moment. IEO projects will be get list their own money how can be save money firstly without no fund raise. But some devs are too rich only they able to endorsement with big exchanges likes spending 10btc-15btc. But really some team are very greedy because they will never add to reliable exchanges after a few millions of dollar collected.
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Ranly123
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October 19, 2019, 09:27:49 PM |
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maybe for them (the project owner) if they add to the list of tokens / coin market exchanges they will be increasingly recognized by the masses. compared to serious projects they will continue to develop these projects until they get a quality investor and in the end the developer buys a good market exchange too, so that there is a good trade-off between investors and developers.
This should be a good example that developers should consider improving their project before jumping into exchange listing. Listing their tokens is easy if their projects have a good trades with their investors and not just having listed on shit exchange.
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KnowelsB
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October 19, 2019, 10:11:35 PM |
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That's more reason good projects needs to make due diligence before listening their token on exchanges
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dcomomal
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October 21, 2019, 11:35:42 AM |
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It was always a well-known fact, but a lot of teams do not want to learn from others mistakes. A bad listing is the same as to kill your coin, because once the price has dropped, it would be extremely hard to recover.
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kodtycoon
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October 26, 2019, 07:57:32 PM |
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a good project will not put its tokens or coins in a shit exchanges, because as far as i have experienced at least the team will be really selective in having exchanges to keep the project name and the coins have a good reputation in the community. so when any of them or projects put their coins on a random exchange, it can be assumed that if the project is not really good to continue to do greater development
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Wend
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October 26, 2019, 10:28:54 PM |
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a good project will not put its tokens or coins in a shit exchanges, because as far as i have experienced at least the team will be really selective in having exchanges to keep the project name and the coins have a good reputation in the community. so when any of them or projects put their coins on a random exchange, it can be assumed that if the project is not really good to continue to do greater development
Indeed if a good project are really prove that they are going listed on a good exchange their will be a chance for the project to be popular and many investor are willing to invest. And yes one of the new project right now are selected to listed on the exchange are unknown for us so we can tell for that a scam if the project listed in a shit exchange actually it is happen in this year their are lot project listed already from shit exchange.
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boltz
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October 26, 2019, 10:33:25 PM |
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What you said there is kinda true but do you know how much a tier 3 or 4 exchange asks for a listing ? Some of them ask for 10BTC which is insane lets be honest for an exchange like that as some years ago with 10 BTC you could have listed on bittrex and poloniex on both time but now exchanges got greedy and they want as much money as they can in orider to make more volume.
What they don't understand its instead of listing good projects at low rates to make volume and bring traders to their exchange they prefer this greedy marketing solution to ask for huge amount of money. So guilt its on both sides as the team prefer to list on no-name exchanges instead of going for a dex at start and then slowly build their way to the top exchanges.
Exchanges are killing coins and coins are killing exchanges ...
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danggoron
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October 26, 2019, 11:05:26 PM |
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What you said there is kinda true but do you know how much a tier 3 or 4 exchange asks for a listing ? Some of them ask for 10BTC which is insane lets be honest for an exchange like that as some years ago with 10 BTC you could have listed on bittrex and poloniex on both time but now exchanges got greedy and they want as much money as they can in orider to make more volume.
What they don't understand its instead of listing good projects at low rates to make volume and bring traders to their exchange they prefer this greedy marketing solution to ask for huge amount of money. So guilt its on both sides as the team prefer to list on no-name exchanges instead of going for a dex at start and then slowly build their way to the top exchanges.
Exchanges are killing coins and coins are killing exchanges ...
Expensive costs but with a strong community guarantee, of course, be the choice for projects that are truly profitable and have a strong commitment to developing the project. That is why the project which is not strong enough, would definitely prefer an ordinary exchange with lower cost, of course. Of course, we all hope that the project will be more responsible and better prepare the strategies related to the intended exchange, it all needs preparation. If they have cooperated with the global exchange, surely the community formed will be faster. Form favourable symbiosis.
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Perfect35
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October 26, 2019, 11:13:06 PM |
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It is better not to invest in any project, than to invest in a project whose theme does not careful what the outcome might be. There are quite a good number of exchanges in the crypto space, although, their fees might be much, but it is better to list on just one of them, than to pile up so many unreliable exchanges.
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SanZoldyck
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October 26, 2019, 11:24:15 PM |
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I strongly agree with you, the project runs for months or even years, how the project entered into a low-volume and fake exchange, while the project that runs very quickly and precisely enters a very good exchange volume, I agree if the project extension is carried out to attract many investors but must enter the large exchange market if the project lasts long
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Backupnime
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October 26, 2019, 11:28:17 PM |
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in some case why developer make decision to listing their coin/token on the shit exchange is the investor desire, investor want to get back their money with high profit as they expected, but the reality many of the project after listed are ended in 1 satoshi.
and in other evil case, developer want sell their reserved token allocation for themselves
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RDNX
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October 27, 2019, 02:30:41 AM |
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Entering Shit Exchange is one way to increase their trading volume. As far as I know, for a coin or token to be listed on the Coinmarketcap site, there is a minimum trading volume.
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Bitfling
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October 27, 2019, 03:27:56 AM |
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What you said there is kinda true but do you know how much a tier 3 or 4 exchange asks for a listing ? Some of them ask for 10BTC which is insane lets be honest for an exchange like that as some years ago with 10 BTC you could have listed on bittrex and poloniex on both time but now exchanges got greedy and they want as much money as they can in orider to make more volume.
What they don't understand its instead of listing good projects at low rates to make volume and bring traders to their exchange they prefer this greedy marketing solution to ask for huge amount of money. So guilt its on both sides as the team prefer to list on no-name exchanges instead of going for a dex at start and then slowly build their way to the top exchanges.
Exchanges are killing coins and coins are killing exchanges ...
Agree, sometimes there is a dilemma in this problem. The developer team that is able to obtain large funding also thinks about the continuation of the project if the funds are spent mostly on listing on exchangers. There are indeed a number of large exchangers that free the listing for certain projects but this requires the cohesiveness of the project community but this rarely happens
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Jorge158
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October 27, 2019, 03:47:34 AM |
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It is almost impossible to believe that after developing a good project which might likely succeed because of the product, some so-called developers and teams will still go ahead and list in a shit exchange all in the name of reducing the listing fund or all in the name of no fund to list in the big exchange, if you cannot afford good exchange, why not continue with the development of the project to be able to attract the right investors, why rush to a shit exchange. So many projects that could have succeeded have been buried by shit exchange, and if you care to know, you are the reason why we still have shit exchange because the owners of shit exchange knew that some daft developers and team will surely come and list their projects. Why will someone prepare a good meal and then decide to keep it in a cabinet full of cockroaches? Wake up.
Well, exchanges play a part in the development of a project and its coin towards the achievement of its full potentials. This is why project developers must be very careful with the exchange they list their coins. Exchanges with low trading volumes can kill the potentials of the coin because high volume exchanges also exposes the coin to investors.
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Karto
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October 27, 2019, 04:02:32 AM |
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i think that there is a clear guideline how to be listed in the exhanges with a good reputation if a coin can not be listed in any exchange, it probably means that the problem is in the project legalisation or something like that... its 2019.. projects are listed in coinbase a month after launch for god sakes just dont invest in a project that has no credability and no exchanges support them you have so many other projects to invest in
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Sithara007
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October 27, 2019, 04:04:03 AM |
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It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.
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Edraket31
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October 27, 2019, 04:47:07 AM |
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It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.
The idea of ICO's and IEO's are really good it is just it was misused and was take for granted by those who are scammers, there were legit projects too who failed to raised money with their preferred and run away, they turned out scam too. So, it was because of the people who has a bad intention in doing it.
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