Altcoins getting delisted

[Stanlo]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

[shinratensei_]

old coins are dying and it's not worth to invest in it. It's not caused by they have already achieved the end of their roadmap but they were creating useless tech that can't even attract the users. But if you are talking about poloniex and the main answer should be that coin can't deal with SEC compliance that already followed by poloniex.
As far as i know, even if those dying coins still alive but when they have useful products but can't meet the requirements to be compliant with the regulation and they will be delisted.

[Novatech8]

Poloniex and SEC are one now so expect more delisting unless those projects are ready to comply, if not even good projects on your lists will get delisted, do not judge based on poloniex delisting

[duuuuude]

Maybe they say investing money not in old but in top coins? Because there is no point in it and delete them because they do not meet the requirements.

[Mighty_crypt]

As for me i am more interested in new projects, they are creating to fix problems of old coins, i know many are scam projects but we still have serious projects showing up, if there will ever be a new altcoin season new coins will be the most profitable for early investors

[mrdeposit]

There are reasons for the delisting:

These criteria include, but are not limited to:

Low trade volume on the exchange
Compromised network security that presents liability for Poloniex and its customers
Deteriorating developer support for the project
Prohibitive cost to upgrading and/or continuing to support the project
Lawsuits, enforcement actions or other legal issues that the project faces

New Poloniex delisted assets, December 2019

Investing in rusty old projects is not the right idea. Looking at whether it is old or new to invest will not give you superiority. Investigate project itself instead, so if you think it is appropriate, then you can research issues related to its age.

[zhekinsp]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

Old coins is good to invest but not all the coins can be included on investing list, make sure that you invest on a coin which others go interest as well because if it is a newly launched coin there will be some hype around it which will increase the price but when a coin is old the real potential can be found by the community support.

[iv4n]

Each exchange have their own policy and their road map, basically they are like companies and they have directors, teams, they can do what they want to do, it's theirs. In the end you agreed to that when you registered there and accepted terms & services! There is a huge hype about exchanges and their actions, with listing and delisting coins. They take money, some of the exchanges demand a lot of money for listing! How ethical and fair are their actions are on each of us to judge.
If you read news this days and little drama about poloniex delisting digibyte you would see that something on the top is fishy. Statements from Jared Tate are very directly and rise suspicion on entire Justin Tron, CZ and poloniex actions regarding this newest delisting of some coins.
I left some coins on poloniex, they send me couple mails to withdraw coins they will delist, I had just couple dollars and I didn't wish to bother to pass their KYC just to be able to withdraw that little amount, its my gift for them. I will probably stay away from poloniex in the future.

[akhjob]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Several exchanges? Do share the article link you read.

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

Old coins / New coins doesn't matter, one will rise today and will dump the next day. Most of the altcoins are just there to be dumped on somebody. If you are looking for short term trades, go for the hot picks. If you are in for long-term, go for the old ones which has delivered as mentioned in the roadmap and is developing further.

PS: I'm not into investing in Altcoins for long-term. I would suggest short-term trades of Altcoin to improve your Bitcoin Holdings.

[alyssa85]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

The exchange has to weigh the cost of maintaining the wallets of an alt against the benefits from earning fees from the trades of that coin.

As long as the fee income is greater than the costs, they'll keep the coin.

[Surrapatt]

Poloniex and SEC are one now so expect more delisting unless those projects are ready to comply, if not even good projects on your lists will get delisted, do not judge based on poloniex delisting

If the rules imposed by Poloniex and the SEC can be almost the same, I think the project will obey them, because if the rules are different, then the project owners will also be confused about which ones to obey in order not to be delisted in the exchange list.

[bassbity]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

Old coins is good to invest but not all the coins can be included on investing list, make sure that you invest on a coin which others go interest as well because if it is a newly launched coin there will be some hype around it which will increase the price but when a coin is old the real potential can be found by the community support.

Old coins that now may not develop anymore because the products they run do not meet his usual expectations so if the old coins, but on average the old coins are always successful and have loyal traders so many are investing in old coins.
And of course this needs support from the public so that these old coins will continue to grow in the market and many are interested in them because old coins are now quite popular in many exchanges.

[Vishnu.Reang]

Investing in lesser known altcoins always involve a certain amount of risk. Many of these coins run purely on speculations, as they don't have any real-life usage. They may undergo a few pump-and-dump cycles and during this time the promoters may be able to offload most of their holdings. And once that is done, the interest for that particular coin or token in the market will go down and in due course the trade volumes will decline and it will get delisted from the exchanges.

[Saisher]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

After ten years I think the market has matured, they see new coins as a recycle and copy or clone of the existing coin in the market, they are just product of hypes and pump, and because of this they don't have the longevity and the community that will hold on to their promise and so they are dying.

[Rengga Jati]

I'm not surprised if many altcoins are delisted. We must know that Bitcoin dominates crypto market while altcoins are far away from their season. Moreover, altcoins always depend on Bitcoin value. This situation makes investors afraid to invest in altcoins, they prefer to invest in Bitcoin. Even they invest in altcoins, they only choose the most recommended ones like Ethereum, Ripple, BNB coin, or other top altcoins. I am sure those delisted coins have low transactions (buy-sell), and getting worse day after day. So, it makes sense if they are delisted by the exchanges.

[Ziskinberg]

An exchange can delist a coin if they did not pass on the standard and I am sure the devs are aware of that possibility as they sign a contract before a coin is listed in a certain exchange, both parties are aware so devs has to accept the result.

Based on my observation only, I think old coins are more reliable as they have already penetrated a lot in the market, they are listed in big number of exchanges and they have more long term investors that will support them throughout, even if the market has to struggle.

Some of the coins I've invested are ETH and Waves, these are old coins that are still reliable until now.

[Samayuki]

Crypto market condition is really hitting coins hard, some are dead already and some are hanging between life and dead situations, i can't say that bear market is not good because it's really killing off weak projects, i really want to see many weak projects off this space

[btcdie]

Yaps, you can be sure. every exchange has certain volume threshold rules or conditions. so if a coin or token does not meet the requirements, the exchange may kick it.

It should be noted, at this time people are competing in matters relating to technology, so who is the most sophisticated and has first come up with an idea / innovation, then he is the winner. due to old Altcoin many died because of competition and the products they were no longer lyrics by people. What's worse if an old altcoin is left behind by the team, and not looking for a solution, this is really a very ironic thing (the fate of investors).

[nicolas1979]

Exchanges delis many coins this time and I believe they only want new fresh fund and performance to keep running their system. Delis can be done because no more profit and high fees transactions from the coins, in simple word we call it " unprofitable ". Other reason is the coin has bad progress and some developer reject to use it inside their project. See it as solutions, I think has view coin with good volume is better than has many coin without future.

[Kelvinid]

Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?

Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?

That is a usual thing happens since last year. It is quite to see a lot of altcoins are delisted from exchanges because some of them are just scam and no place in crypto. If we want to invest altcoins, it is preferred to choose those who have already marketable and has a terrific market performance. Ain't no worry for sure about dumping it hard in the future but rather to see it profitable.