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Author Topic: Why does Bitfinex ignore Dogecoin? [Solved]  (Read 317 times)
deisik
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December 16, 2019, 10:46:19 AM
Last edit: July 11, 2020, 01:50:48 PM by deisik
 #1

Dogecoin is #31 cryptocurrency at this moment according to coinmarketcap.com

Bitfinex now lists a shitload of shitcoins which I don't even bother to check at coinmarketcap. So are there any plausible reasons for not listing Dogecoin on this exchange other than having to eat their words as they had earlier called this coin ridiculous and not worthy of mentioning (let alone listing). Now it starts to look really pathetic on the Bitfinex part. Dogecoin is among the top cryptocurrencies which do have real application in everyday life even if this application in case of doges is mostly about gambling

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December 16, 2019, 12:04:26 PM
 #2

One idea could be that they may consider Dogecoin a competitor for their USDT.
Dogecoin is a correct/proper coin and it's accepted almost everywhere, so it could be used for cheap withdrawals instead of their again-in-trouble USDT.





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December 16, 2019, 12:15:52 PM
Merited by deisik (1)
 #3

I guess no one care to pay the expensive listing fees since Dogecoin is traded everywhere.

One idea could be that they may consider Dogecoin a competitor for their USDT.
Dogecoin is a correct/proper coin and it's accepted almost everywhere, so it could be used for cheap withdrawals instead of their again-in-trouble USDT.
Brooo how come a stable coin with such a huge market cap feel threatened by Doge Grin

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December 16, 2019, 01:05:32 PM
 #4

I guess no one care to pay the expensive listing fees since Dogecoin is traded everywhere.

One idea could be that they may consider Dogecoin a competitor for their USDT.
Dogecoin is a correct/proper coin and it's accepted almost everywhere, so it could be used for cheap withdrawals instead of their again-in-trouble USDT.
Brooo how come a stable coin with such a huge market cap feel threatened by Doge Grin
In terms of volume doge also have a huge volume. But if that was the reason  for not listing doge. Why for more many years they not listed Dogecoin before USDT born?
Maybe they are personal reason why they do not want to add that coins but its not because of USDT.
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December 16, 2019, 01:10:57 PM
 #5

Dogecoin is #31 cryptocurrency at this moment according to coinmarketcap.com

Bitfinex now lists a shitload of shitcoins which I don't even bother to check at coinmarketcap. So are there any plausible reasons for not listing Dogecoin on this exchange other than having to eat their words as they had earlier called this coin ridiculous and not worthy of mentioning (let alone listing). Now it starts to look really pathetic on the Bitfinex part. Dogecoin is among the top cryptocurrencies which do have real application in everyday life even if this application in case of doges is mostly about gambling

Most exchanges require the developers to pay for a listing. The only exceptions are coins with such a high trading volume that it's worth listing them even without a developer payment, as you can make money on the fees.

Doge is now operating on autopilot - so there isn't anyone to pay for a listing. It's also got moderate trading volume, so not enough to tempt exchanges into a free listing.

 
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December 16, 2019, 01:24:49 PM
Merited by deisik (1), Trela (1)
 #6

dogecoin has more sincere people in it like a good society promoting it besides investors who only hold it, this is similar to bitcoin, because bitcoin is full of sincere communities not only investors so every new exchange always adds bitcoin as well as some other famous altcoins, dogecoin also the same, I think there is no need to beg for bitfinex to be added, let them later time they will add it without having to ask for more fees unlike shitcoin who dares to pay high to be added to bitfinex
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December 16, 2019, 01:34:09 PM
 #7

It's really surprising what makes Dogecoin not qualified for being listed on Bitfinex. As I remember, Dogecoin too was recently added in Binance after it's years of success. Binance lost a lot of fees at least from me for not having Dogecoin as a trading option in their exchange.  These exchanges has became so profit centric, they don't give a look at good community based project but rather promote the paid projects.

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December 16, 2019, 01:35:11 PM
 #8

Dogecoin is #31 cryptocurrency at this moment according to coinmarketcap.com

Now it starts to look really pathetic on the Bitfinex part. Dogecoin is among the top cryptocurrencies which do have real application in everyday life even if this application in case of doges is mostly about gambling
It's possible that the owners of Bitfinex are doing that for morality sake - not everyone likes gambling.

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December 16, 2019, 01:42:08 PM
 #9

Dogecoin is #31 cryptocurrency at this moment according to coinmarketcap.com

Bitfinex now lists a shitload of shitcoins which I don't even bother to check at coinmarketcap. So are there any plausible reasons for not listing Dogecoin on this exchange other than having to eat their words as they had earlier called this coin ridiculous and not worthy of mentioning (let alone listing). Now it starts to look really pathetic on the Bitfinex part. Dogecoin is among the top cryptocurrencies which do have real application in everyday life even if this application in case of doges is mostly about gambling

Most exchanges require the developers to pay for a listing. The only exceptions are coins with such a high trading volume that it's worth listing them even without a developer payment, as you can make money on the fees

Is it true with respect to Bitfinex?

I've always thought they are adding new cryptocurrencies based on their usefulness and real utility, even if they had massively misjudged Dogecoin many years ago. At least, that's what they have always been claiming. Apart from that, the fact that Dogecoin has been on autopilot for so long and didn't fail speaks volumes for itself. It's likely the only currency that is truly negatively correlated to Bitcoin, to a certain degree

It's possible that the owners of Bitfinex are doing that for morality sake - not everyone likes gambling

Do you know what Tron stands for and how it was supposed to be used?

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December 16, 2019, 01:54:48 PM
 #10

Actually no one knows the real score about that and if you ask this herre the only option me you get is those gossips but if you hold a doge and want to get more information about it then much better find their social media contacts and ask about this situation since for sure many people also wondering why it's not listed a few n bitfinex.

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December 16, 2019, 01:54:59 PM
 #11

I do not understand it, Dogecoin belongs among top coins with high trading volume, the higher volume, the higher profit exchange has. So there is no rational reason why they haven't done it yet.

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December 16, 2019, 02:03:09 PM
 #12

developer might works on decision as preparing use of release with goods of product an service for pro customer as disposing chance on excess as might to gains with payment to doge coin or else as distinctive on functionality with goods as the profile of users might have with customs on characteristics as their decision to hold of much doge.

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December 16, 2019, 02:11:35 PM
 #13

I do not understand it, Dogecoin belongs among top coins with high trading volume, the higher volume, the higher profit exchange has. So there is no rational reason why they haven't done it yet.
One thing that for sure one of the reasons why Bitfinex exchange ignored Dogecoin because it does not have a fixed amount and the amount will continue growing because this coin was can be mined. There are a lot of exchanges accepting Dogecoin but all pairs that dogecoin have are in red color, just my own point of view.

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December 16, 2019, 02:12:13 PM
 #14

Dogecoin is #31 cryptocurrency at this moment according to coinmarketcap.com

Now it starts to look really pathetic on the Bitfinex part. Dogecoin is among the top cryptocurrencies which do have real application in everyday life even if this application in case of doges is mostly about gambling
It's possible that the owners of Bitfinex are doing that for morality sake - not everyone likes gambling.
Although, this issue have been talked about on Reddit last year before Binance and Okex etc listed dogecoin but Bitfinex was still the only exchange site mentioned then that still haven't add dogecoin. But just because almost every crypto gambling site integrated dogecoin as one of the coin they accept as payment doesn't mean dogecoin was purpose for gambling site only and the last time I checked dogecoin was to be use for everything that have to do with the internet.
With that been said, the reason why bitfinex haven't add dogecoin is because the project was independent and don't accept conditions.



It's possible that the owners of Bitfinex are doing that for morality sake - not everyone likes gambling

Do you know what Tron stands for and how it was supposed to be used?
To my own understanding. It an acronym (operating system nucleus) and I believe it should be used for running a real time activities to make virtual available almost instantly. An example the creation of blockchain games.

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December 16, 2019, 02:27:32 PM
 #15

It's possible that the owners of Bitfinex are doing that for morality sake - not everyone likes gambling
Do you know what Tron stands for and how it was supposed to be used?
Acronym (operating system nucleus) and I believe it should be used for running a real time activities to make virtual available almost instantly. An example the creation of blockchain games

Tron was an arcade video game during the early PC era

And two namesake movies have been filmed with references to this game - the original Tron, and the more famous sequel (actually, it was the first film that spawned the game). So do you know that the Tron coin was specifically developed to become "a free, global digital content entertainment system" (taken from here)? Bitfinex listing Dogecoin now would mean admitting being entirely wrong about it in the past (they were Bitcoin-only exchange at first). But it looks like Dogecoin is going to last longer than Bitfinex anyway, so who really cares?

ansi
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December 16, 2019, 03:43:07 PM
 #16

Man DogeCoin in't so great, it' just a one cryto among hundreds of others.
There is shit loads of great alts / coins better than dodge& have 0 support from those fancy exchanges.
DogeCoin solves nothing, it' just a community driven coin created in the right time back then, that's what it is.
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December 16, 2019, 03:55:30 PM
 #17

unfortunately I do not know for sure why a place of exchange of that size removes the exchange of doge coins from the list of places of exchange the possibility of trading volumes from dogecoin that is not too profitable or may also no longer trust the development of the doge.
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December 16, 2019, 04:06:25 PM
 #18

They have different analyze and we should respect them as exchanges policy. Exchange will list coin when the coin has volume and good reputation but of course, exchanges system must support it. Maybe dogecoin doesn't reach Bitfinex limit so they ignore it. There's another coin in Bitfinex and I believe also profitable, just try it.

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December 16, 2019, 04:33:00 PM
 #19

One idea could be that they may consider Dogecoin a competitor for their USDT.
Dogecoin is a correct/proper coin and it's accepted almost everywhere, so it could be used for cheap withdrawals instead of their again-in-trouble USDT.

Dogecoin cant be a competitor to stable coins. Dogecoin is competitor to Bitcoin and Litecoin. Also Monero. But Monero dont have transparent ledger.

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December 16, 2019, 04:45:55 PM
 #20

Dogecoin is #31 cryptocurrency at this moment according to coinmarketcap.com

Bitfinex now lists a shitload of shitcoins which I don't even bother to check at coinmarketcap. So are there any plausible reasons for not listing Dogecoin on this exchange other than having to eat their words as they had earlier called this coin ridiculous and not worthy of mentioning (let alone listing). Now it starts to look really pathetic on the Bitfinex part. Dogecoin is among the top cryptocurrencies which do have real application in everyday life even if this application in case of doges is mostly about gambling
Perhaps the problem lies with the listing fees, if the shitcoin pays enough fees it will be listed and Dogecoin will not.

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