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Author Topic: Shit Exchanges, an end to good projects.  (Read 5357 times)
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December 07, 2019, 01:15:59 AM
 #301

Aside from reducing the cost of listing, the project owners want more liquidity on their native coin/token that's is why they are trying to be listed in different exchanges as much as possible though the outcome is not good because if they were listed on bad exchange then it gets some bad impression with the project as well and this is someting that the project owners have to look for to minimize price dumping while getting more liquidity.

 
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December 07, 2019, 01:45:42 AM
 #302

because the team is tempted with a small fee for the token listing fee. even though it doesn't guarantee the token will end well or not. at least the team must pay attention to exhange with high trading volume in order to get a good market capitalization there. although the fee is rather high, at least it will pay off if the trading volume is high.
Agree. Most new projects often don't have a lot of money to list at the exchange and this makes it easy to become a shitcoin if liquidity is bad. I never invest in those coins because the opportunity to seek profit is very low and if unlucky I will lose a lot of money when investing. Currently only choose the coins available in this market and consider buying more if cheap.

However, you also need to spend a lot of time researching pennies and ensuring liquidity at any time.
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December 07, 2019, 01:47:13 AM
 #303

Yeah i saw few good projects end with low quality exchange. I think there must be a reason why the project choosed that exchange. Maybe they dont have big fund to get better exchange or something else. Bad decision ruin the project it self.
Investors interest are not going to engaged with shit exchange making the project to turned to nothing after being added. It's a need for every team to make a good habits to try bringing the project inside reputable exchange where volumes of traders can see how the new project works and let them
to research and study to figure out if there's a good potentials and usages in the future.

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December 07, 2019, 02:00:08 AM
 #304

Aside from reducing the cost of listing, the project owners want more liquidity on their native coin/token that's is why they are trying to be listed in different exchanges as much as possible though the outcome is not good because if they were listed on bad exchange then it gets some bad impression with the project as well and this is someting that the project owners have to look for to minimize price dumping while getting more liquidity.
they must follow the trend, if at present the market is more pleased with IEO, then they must abandon their intention to ICO.

They may only be able to choose a small exchange, but make sure the internal team does not sell their economic rights first to prevent a collapse in prices, in the end investors will also think that their project is serious and not panic when bitcoin falls, Strategies must be made to maintain value, this is entirely also not because of the exchange factor.



 

 

 

 

 

 


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December 07, 2019, 02:16:18 AM
 #305

Most of the developers have a good plan for the development of their product but it gets ruined after they listed their coin in shit exchange. It called shit exchange because it has fake market capitalization and volume. Most of the coin listed in shit exchanges are now dead or delisted because of no demand in the market.
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December 07, 2019, 02:22:58 AM
 #306

Most of the developers have a good plan for the development of their product but it gets ruined after they listed their coin in shit exchange. It called shit exchange because it has fake market capitalization and volume. Most of the coin listed in shit exchanges are now dead or delisted because of no demand in the market.

ouch that so sad and bad to hear  .

this should be a wake up call for those who wanted to make a good coin or a good project  .

 if they want it to be succesful then they should start saving a good budget to list that coin onto a good exchange because people do also pick a good exchange before they decide to buy a coin  .
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January 05, 2020, 09:42:30 AM
 #307

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.

I find it difficult to dismiss the project easily. because the project is good or not difficult to analyze. Sometimes what we think is good, in the end is far from the expectations we want. therefore we need sufficient analysis before making a decision.
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January 05, 2020, 12:18:00 PM
 #308

Nothing in the world harms the project more than listing on bad exchanges. Team members cannot even realise that with only one fault, they can ruin the whole project, especially such garbage exchanges as Latoken or Probit.
Projects team members definitely knows very well regarding potential exchanges. But they can't reach it there are many limitation such as they can't able to meet big exchanges demand. For those shit exchanges a huge number of promising projects going worst. And many real products based platform go to list shit exchanges but they are capable to list real exchanges.             

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January 05, 2020, 12:43:45 PM
 #309

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.
One reason makes sense, but if we talk about exchanges, it should be that when developers want to list tokens, they can choose not to register the tokens they have.
This year there are a lot of new projects running IEO, I think investors already know what they are choosing while making decisions in investing.

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January 05, 2020, 12:56:55 PM
 #310

If you do not make good decisions, good discussions, then the projects that you intend to invest or exchange will be easy to end. If you feel that you cannot afford it, investing should not be very risky.
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January 05, 2020, 12:59:14 PM
 #311

We have many times because in a hurry to exchange, convert, and trade without careful thought leads to unintended great consequences. especially buried projects that may have been successful. IAM sorry.
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January 05, 2020, 01:02:33 PM
 #312

Many new developers don't really understand the importance of exchange listing, some of them don't even know that fake volume exist in crypto soace, once an exchange looks good enough to them they just proceed and list of the exchange
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January 05, 2020, 01:05:29 PM
 #313

Yeah i saw few good projects end with low quality exchange. I think there must be a reason why the project choosed that exchange. Maybe they dont have big fund to get better exchange or something else. Bad decision ruin the project it self.
yes thats right big exchanges are asking high amount before a project will be listed on thier exchange thats the reason why some good projects cant avail for.the listing so they  list thier coin to unknown exchange or lets say shit exchanges were the journey of thier project ends.

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January 05, 2020, 01:07:31 PM
 #314

You are right on this subject. There are many instances of potential crypto projects with innovative ideas and strong team listing their coins on shit exchanges due to various reasons including to save listing charges. What such projects get at the end is only loss just because of being listed on bad exchanges. This is thoughtful thread.

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January 05, 2020, 01:08:54 PM
 #315

You should continue to develop the project to be able to attract appropriate investors, so it is not good to exchange a switch in a hurry. Shit exchanges will kill the projects.
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January 05, 2020, 01:54:14 PM
 #316

You should continue to develop the project to be able to attract appropriate investors, so it is not good to exchange a switch in a hurry. Shit exchanges will kill the projects.
Nothing in the world harms the project more than listing on bad exchanges. Team members cannot even realise that with only one fault, they can ruin the whole project, especially such garbage exchanges as Latoken or Probit.
Projects team members definitely knows very well regarding potential exchanges. But they can't reach it there are many limitation such as they can't able to meet big exchanges demand. For those shit exchanges a huge number of promising projects going worst. And many real products based platform go to list shift exchanges but they are capable to list real exchanges.             

The problem is contributed by a lot of factors and as you have rightly underlined, high cost of listing in top exchanges are a huge problem. Why should a developer pay as high as $200k to $500k to list on these exchanges, its way way over priced in my opinion and in most cases, the project developers are left with two options; a) list with such exorbitant fee and recover it by dumping team tokens on the community (just like matic) or b) list in an average or shit exchange and ride your luck

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January 05, 2020, 02:09:08 PM
 #317

Basically many things that made most of these projects to list on shits-exchanges are raised funds during the ICO and IEO. Have be here some years now and saw many potential projects listed on the most shitest exchange just because they never reached their stipulated softcap and hardcap. These are just some reasons why they choose to list because of investors. Many projects have come and deceived many potential investors, so, none is ready to invest again.

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January 05, 2020, 02:37:43 PM
 #318

They have a good project but they have wasted it and put their coin in the useless exchange. The effect of this is that the value of the coin that they have put in the exchange become lower and lower as time goes by. Instead of having a bright future it became useless every single day.

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January 05, 2020, 03:35:15 PM
 #319

But these exchanges are listing coins that are not avaiable on reputable exchanges like Binance, so that is the reason why people trade here, not because they get better conditions.

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January 05, 2020, 03:45:36 PM
 #320

One reason makes sense, but if we talk about exchanges, it should be that when developers want to list tokens, they can choose not to register the tokens they have.
This year there are a lot of new projects running IEO, I think investors already know what they are choosing while making decisions in investing.

Or,,, go back to the good old days where developers did not care about listing and markets and simply just developed. When you continue to build and show people what you have, maybe people just decide on their own to trade it? Maybe exchanges decide on their own, hey we like this coin and we will list it, is that not how things used to work?

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