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Author Topic: Shit Exchanges, an end to good projects.  (Read 5360 times)
Mealea (OP)
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September 14, 2019, 05:30:18 AM
Merited by tk808 (3), Eleareon (2)
 #1

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.

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September 14, 2019, 05:51:02 AM
 #2

There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission.
Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.

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Periodik
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September 14, 2019, 06:20:38 AM
 #3

A shit exchange somehow reflects the quality of the project itself. Why would a high quality project, with good partners, working products, and so on settle for the like of YoBit, for example? Exchange listing is needed as soon as there is already utility. They need that for the investors to be able to have access to their coins. However, if they are listed on shit exchanges, that means they are simply discouraging investors away.
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September 14, 2019, 06:58:29 AM
 #4

There is always a reason behind this, as we can see the majority people who invested their money into the project always looking for a quick profit as soon as it is done or the sale is done. I believe there is no way a legit developer and team would list their coin/token on a shit exchange, but because of their community that kept asking for an exchange. They did not have any other choice but to accept it, there are so many good projects out there got burned because of this and in the end, the community blamed the dev for listing it on the shit exchange. We as an investor or the community should understand the fact that the business can not be done in a single night, there are procedures that need to be done, like filling license, testing platform and etc. Exchange is an important thing, but rushing it will not give us anything good either.

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September 14, 2019, 07:19:05 AM
 #5

A good project must know how to choose a good exchange, there are lots of good projects that failed because they choose a wrong exchange and after that the team lose hope and just dump their project and leave their investors which make the situation worst for them.
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September 14, 2019, 07:25:20 AM
 #6

I think this is the fault of the project operator. they don't care about the relationship with investors, that's why they want to make enough money from investors, then they no longer care about the value of the token. because they don't manage their finances the best and have made it a waste to list on a small exchange.
so we can't call it a good project, even though their idea is great but their team is bad, that project is still a bad project.

Herbert2020
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September 14, 2019, 07:56:45 AM
 #7

all these projects that go to shit exchanges go there because they have no other choice, their project is also shitty. it is your mistake thinking otherwise.
whenever you are confused you can always compare things with bitcoin. Satoshi never paid "exchanges" to list his creation, in fact exchanges were built after bitcoin was created because of it. that is true about any legit cryptocurrency that may be created in the future. they will not need to pay any exchange (good or shitty) to list their coin, the exchanges will do it themselves.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 14, 2019, 08:04:04 AM
 #8

I see many of ICO project doing like that maybe their have a reason to do that to listing their coin to shit exchange. I think this is inevitable and they only postpone because basically it will be a shit coin.

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September 14, 2019, 08:09:52 AM
 #9

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.
You are right, many developers are sleeping, they refused to see that good projects always get trampled on when listed on not too strong exchanges, many of these exchanges have fake volumes and watch trades yet they don't care, its hard to see projects that get listed on binance and died later on
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September 14, 2019, 08:32:20 AM
 #10

yeah many team and developer not even try to listing their coin on good or big exchange , but this problem also come from investor too, they pushing team and developer to listing the coin asap. But some project can survive to even that listed on shit exchange , the team can control and stabilize the price
Stanlo
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September 14, 2019, 08:34:41 AM
 #11

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.
Those developers are not dumb like you guys are thinking,they know the end result if they list on shit exchange but they already achieved what they are aiming for,which is the fund raised from ICO or IEO,its just another smart way of indirectly scamming investors and still keeping the project alive
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September 14, 2019, 09:10:41 AM
 #12

A good project must know how to choose a good exchange, there are lots of good projects that failed because they choose a wrong exchange and after that the team lose hope and just dump their project and leave their investors which make the situation worst for them.
I don't belief that, devs willing list on those exchanges because right from the start its their aims to steal people's fund and satisfy them half way, they are trying to put the blame on failed planned project,its all format

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September 14, 2019, 09:21:17 AM
 #13

I guess they feel the pressure, but listing in a shitty exchange is really a bad idea.
They should just list it in decentralized exchange and let the project grow more so they can afford to list it in big exchanges.

The team during the crowdsale assured the investors that the coin will be listed in exchanges but like you said, sometimes it's listed in shitty exchange.
Anyway, I think we might have different definition of shitty exchange, because of the hundreds of exchanges that is operating in the market, there are only less than a hundred of exchange that is recognize by the people as a good exchange, they usually based on the trading volume.

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September 14, 2019, 09:34:29 AM
 #14

Why are you so sure that the only reason behind the fate of those projects is having been listed on a bad exchange? I'm not so sure that is the only reason, maybe those projects are not so attractive to investors for any reason, or maybe the altcoin bear market is pushing them down, it's possible that having been listed on a big exchange would not have changed anything.
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September 14, 2019, 09:44:21 AM
 #15

if the project is promising , there will always be a demand for it no matter if their devs list it on a bad exchange  but bad projects wont get any atention even if they are listed on a good exchange   .

  i heard there are qualifications or requirements like trading volume or coin supply before a coin can be listed on an exchange  . good projects can easily get those requirments so i dont see any reason on why they wont go for it   .
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September 14, 2019, 10:05:37 AM
 #16

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.
I won't put all the blames on the developers because many project failed in their fund raising either in ICO or IEO so they won't be able to list on better exchanges,it costs lot of money to list on big exchanges like bittrex or huobi not to talk of binance exchange

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September 14, 2019, 10:07:42 AM
 #17

Well if they don't get listed on exchange every 6 out of 10 messages will be asking "when exchange?" question. So I guess after some time they just get frustrated of the same question and ends up getting their project listed on some shit no volume exchange.

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September 14, 2019, 10:10:15 AM
 #18

Exchanges with fake volume or low credibility do not bring enough trust to the project. Investors are not satisfied with results and that cause huge sellout.
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September 14, 2019, 10:29:15 AM
 #19

If the project is listed on a shit platform, I don't think it's a good project. The trading platform I want to talk about is that there is no liquidity. They do not want to pay to be listed on a good exchange, despite having received money from the investor. These are shit projects.

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September 14, 2019, 10:31:01 AM
 #20

If you would like to kill yoir project then list it on Latoken or IDEX. I guarantee that your coin becomes dead in few days.

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