Monero get delisted, again

[SistaFista]

I don't know either why several exchanges delisted monero from their market.
But big exchange like binance still have monero in their market, so i think it is not too bad.
If the volume of the monero still high on the market because the demands, i guess delisting won't affect the value of the coin.

[puremage111]

Lets look in this perspective

Are we going for full adoption or gaining more adoption from the world?
If yes then lets proceed
Are we looking to get recognized by more countries so people can access to Crypto easily?
If yes then you will understand why Privacy coins are heavily unfavorable in this case

Although all the statement on Minted Fiat currency is not transparent
But having a crypto that can be untrace-able on a public ledger instead of trace-able one like Bitcoin/Ethereum
It seems fishy if we were to look from the perspective of non-crypto person
For example, why would i need to hide my transactions if i were to buy a fish from a market? There's no need of it unless i have other agenda

[Reid]

And yet this happened.

https://bitcointalk.org/index.php?topic=5240661.0

It doesn't matter.
If the exchange cannot make profit out of it then they will take it out of their list.
Simple as that.
Popular or not. If there is no one buying or selling it then something must be done. It might be on the top for us or for CMC but not for everyone.

[joshua123]

I don't know either why several exchanges delisted monero from their market.
But big exchange like binance still have monero in their market, so i think it is not too bad.
If the volume of the monero still high on the market because the demands, i guess delisting won't affect the value of the coin.

Its their choice. I remember when xmr and all privacy coij got delisted on Okex Korea, probably something concerning about transparency issue. But xmr is a good project, even big exchange such as Binance will probably hold this huge project. I know them since then and its probably one of the oldest project that still kicking.

[miklesm]

Monero is staying among the few fully anonymous cryptocurrencies, so there is no wonder regulators do not want to deal with it and make Exchanges to delist it.

[ahyadinnn]

This getting delisted is not a new thing but it will start making traders and investors to be scared of trading Monero. But to think of it am sure they are delisting not Because its not a good coin but probably agreement wasn't reached

maybe like that or the Trader XMR there a little maybe it's also the reason they delete XMR, or there are other reasons we don't know, XMR is one of my favorite coins because I used to mine this coin often and for the price is also quite good even though there is a delete list from that market

[Viscore]

Monero is staying among the few fully anonymous cryptocurrencies, so there is no wonder regulators do not want to deal with it and make Exchanges to delist it.

That's the problem that could possibly happen in the future.. we need a fully decentralized exchange to cater the big volume of Monero.
However, I don't think the team behind the project does not see this risk, I'm sure they already have plans for the future of the project and of its continues success.

[fortunecrypto]

Could a decentralized exchange sovle the problem of Monero's anonymous? Since Monero keeps getting delisted because of centralized exchange have to follow govt's regulation.

It can really help but decentralized exchange is not well adopted in our current environment, people trust centralized exchange more than the decentralized, anyway it's only those exchanges coming from Korea we just hope that other countries will not follow leads coming from these Korean exchanges.

[qory]

Always get bad news when exchange market delisted coin on their market, how ever give bad reputation and many investor will sell coin with lower price what ever the reason when coin have delisted from market become scam or become shit coin without have value anymore. Next time will be less coin worth for monero.

[tbone777]

Goverment is against privacy but i hope that they will not kill it

[mu_enrico]

Governments hate privacy coins, and they will put as many restrictions as possible. Big CEX wouldn't dare to challenge the government and support Monero (well except semi-regulated one like Binance et al.). Hence, we will see Major exchanges will gradually delist Monero. But don't worry, there will be small exchanges that appear here and there to serve Monero users.

[Bestmanbuka]

I think it's nothing to bother with if other exchanges are still trading Monero and it's still very active on coin market. Not an issue at all,in business its not must that a seller will sell all the products others are selling.

[Abiky]

Governments hate privacy coins, and they will put as many restrictions as possible. Big CEX wouldn't dare to challenge the government and support Monero (well except semi-regulated one like Binance et al.). Hence, we will see Major exchanges will gradually delist Monero. But don't worry, there will be small exchanges that appear here and there to serve Monero users.

Exactly. Privacy coins go against what central banks and governments have established for a very long time. They give people freedom over their own money, leaving said entities out of the system. Governments' excuse will always be that privacy coins (and crypto itself) serve as a means for money laundering and terrorist financing in order to get what they want. The real intention here is to spy over people's transactions than anything else. Not to mention, governments want to control people's money like they do with Fiat. A financial system that's completely independent from the world's banking system, proves to be a threat to the very existence of central banks worldwide.

I wouldn't be surprised to see Monero being de-listed at other centralized exchanges over time. After all, exchange operators want to keep their business by keeping governments happy. Monero will turn out to be traded exclusively in decentralized exchanges and in-person, once all centralized exchanges decide to de-list it. As long as people continue to support the XMR blockchain, nothing should go wrong. Thanks to the decentralized and open source nature of crypto, anything's possible nowadays. Governments' or companies' actions won't have an effect over the prominence of Monero whatsoever. The more centralized exchanges de-list Monero, the more alternatives will emerge for people to continue trading it. Just my opinion

[ololajulo]

Monero will create a niche platform of trade outside countries that reject it, it is already a big cap market and can fund another process of trade. It is one of the secured coin and enjoy the support of high professional blockchain scientist and economist. There should be difference in Government disposition to anonymous coin and low volume trade on exchange, the OP should have put it right. The anonymous coin may suffer adoption in this space soon but I think the old ones will stay.

[roxroxy]

I've heart only about new listing on ViteX.net, it's a good news, very promising exchange.

[ningrum]

Monero get delisted once again because of low trading volume and anonymity functions on Houbi Korea exchange, why is this happening? Are people getting tired of privacy coin? Xmr is one of the top coins, what's your take about this?

https://cointelegraph.com/news/huobi-korea-delists-xmr-amid-nth-room-sexual-exploitation-case-rumors/amp

of course this is not bad news for Monero, Monero still has great strength in various exchanges, Binance, MXC and Hitbtc are exchanges with the largest number of XMR trading volumes, maybe Huobi did not delete XMR in BTC or USDT pairs because I still saw in Coinmarketcap that XMR has a trading volume of $ 2 million / 24h, there is nothing to worry about it

[3meek]

All these delistings are not scary for Monero!
This is one of the great projects on the market at the moment! Real idea of cryptoanarchism, which was originally in bitcoin now in Monero!
I don't think Monero can have any problems because of some stupid centralized stock exchanges!

[Greatdev]

The present problem facing many privacy coins are normal, they are threat to the government and regulations that's why few exchanges are delisting them, not because of lack of trading volume

[jrrsparkles]

Recently, people found that there is some security issue with Monero which triggered  every investors to go against at it but delisting is not a part of this issue I guess.Mostly it is happening due to less trading volume for that particular coins on particular exchange or its just pressure from governments.

[Shallow]

I think the main reason why it was delisted is because of its privacy and anonymity feature. To show how good the coin is, despite its delisting it is still among the top 20, precisely 14 position on coinmarketcap. Also, people can't get tired of privacy coins because they offer more security of personal details therefore they are always needed. Lastly, I once read a post where Monero got listed on a new exchange, if I remember correctly, it is an exchange in Thailand; this is a good proof that people are still in need of it.