No exchange? No Value!

[103deltafox]

Sorry about your loss mate, this is why projects like this that have low volume and listed in just one small exchanges should be only traded,not for holding,because your holding is useless now as no exchange,no value,the best you can do is hope for the team of the project to list else where.

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[vermigerous]

Definitely if the token hasn't yet listed on any exchange, therefore no value even if that project is successful in terms of reaching it's target soft cap. And exchange is an important factor for a token to be with. Good exchange makes a good in investment.

[harapan]

You are too greedy and only invest in 1 coin, I am sorry because you are experiencing problems like this, now you can't do much and just hope there will be a miracle in batcoin

[totoy4741]

Why opted to chose such coin/token without even having a research on it if the projects still making a progress or the team is still active doing some works for the developments of the project? The project has long gone according to some commenters of it will no longer have any values unless something miracle happened and the team decided to resume its operations and make a good run in the future.

[owmivmen]

Is that a coin and a dead project? If not you can wait for the team from the coin to register their coin in another exchange. If the project is dead you cannot do anything unless the coin is in forkdelta or Dex

[CuriousGeorge]

You are too greedy and only invest in 1 coin, I am sorry because you are experiencing problems like this, now you can't do much and just hope there will be a miracle in batcoin

it was discussing about how important the exchange site for the token. That means the exchange site has become the main thing for token to be priced. The demand and supply will come together on the exchange site.
The coin can't leave from the domination that has already created by exchange site. No exchange = no value and this is the rules.

[SacriFries11]

Is that a coin and a dead project? If not you can wait for the team from the coin to register their coin in another exchange. If the project is dead you cannot do anything unless the coin is in forkdelta or Dex

Yes agree. If the project is still going on he should wait for another exchange to accept the coin. He should not trust quickly in unpopular exchange sites, it will not good idea at all. They also said that we should not stay our altcoins in exchange sites because like what happened in OP's situation. We didn't not expect these to happen but if we know a lot we should avoid this to happen again.

[FanEagle]

Definitely if the token hasn't yet listed on any exchange, therefore no value even if that project is successful in terms of reaching it's target soft cap. And exchange is an important factor for a token to be with. Good exchange makes a good in investment.

But OP is talking about already listed exchange got hacked and closed.

If a coin or token has not yet reached an exchange then that must be a different problem like its devs must be working on listing on one or multiple exchange as most ICOs followed the trend like listing will be happen by the end of ICO phase. So, we cannot rush into a conclusion about no value due to no exchange. We must give time to devs to talk to different exchanges for listing their own coin/token.

Exchange's reputation might be playing vital role in deciding value of an asset. Because, reputed exchanges must be having more traders and investors compared to new exchanges. But when your coin/token is having all the reasons for attracting more investors then just a legit exchange is more than enough. But I'm seeing lots of new coins and tokens are being listed into hitbtc and yobit exchanges because these exchanges are not maintaining that much good reputation among this community.

[mdzahed134]

Right now, there're no way to hold those tokens until to list another new exchange. I think team's will be concern to get add new exchanges. But if this coin is potential and still more legit investors exists than dex is open for start trading. Dead coin is always valueless no matter what it’s listed or not.             

[Sanugarid]

its not the exchange fault why the coin has no value.

LoL no one ever said that, exchange has nothing to do with the value of the coin in initial listings, it is derived from the project itself.

You should do research first before investing into a coin. All investments are risky either you succeed or you fail in that investment. I haven't heard as well this batcoin. Do they have a website? Or any social media accounts that you can follow or update regarding their development?if they don't have then you waste your money 

These days researching seem to be missing always, I often get questions 'why this specific coin is a scam ....' , 'why I lost my ......' it's always like this, and I know something is missing from that point, and that is the knowledge for the project. I've already seen this batcoin, I guess I check it coz it sounds like bitcoin, I know they named that to be sounds alike to bitcoin that's for sure.

[Barbut]

Right now, there're no way to hold those tokens until to list another new exchange. I think team's will be concern to get add new exchanges. But if this coin is potential and still more legit investors exists than dex is open for start trading. Dead coin is always valueless no matter what it’s listed or not.             

And we know that some projects never get listed again. What this represents is a bad investment, he wanted to hold some nameless coin, now he can hold it forever, in his wallet. It can be a good reminder to never invest without research, and if you don't know how to do it than just invest in Bitcoin or Ethereum, both are great. There are other great ones too!

[Wysi]

This is similar to Athero token wherein they created a very impressive website with nice concept but once the bounty was over they just distributed the tokens to investors and dumped the token in a useless exchange wherein the investors did dump the token but those who bought the tokens and those investors who believed in this token and those who purchased this token were left in darkness as the project was abounded and the owners blamed everything on poor bounty managers who themselves were not paid for this project.

There are so many scam projects and it's better to either invest in those coins which is trading for atleast 6 months or which has a solid backup from a reputed organization.

[Shasha80]

To be honest there is nothing you can do, Batcoin has become deadcoin. This means it can not be sold, because there is no demand.
This is a lesson for all of us, always be careful in choosing exchanges and coins. If you do not want to experience a loss. Always
do research and analysis before deciding which exchanges to use and also to choose coins to buy.Choose exchanges and coins that are
popular with high volumes.

[StephenJH]

To be honest there is nothing you can do, Batcoin has become deadcoin. This means it can not be sold, because there is no demand.
This is a lesson for all of us, always be careful in choosing exchanges and coins. If you do not want to experience a loss. Always
do research and analysis before deciding which exchanges to use and also to choose coins to buy.Choose exchanges and coins that are
popular with high volumes.

That is absolutely right, there is nothing we can do about that. Batcoin is just one of the coins, which is already dead. It can be a bad experience for us, but as you above mentioned we should learn from it and keep doing. We must always be careful about projects, which we want to invest in if we don't want to see such results. l always prefer choosing exchanges, which are trusted by others and also with high volumes. We must focus on volumes of exchange.

[NS-Soul]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

Well even if the exchange was alive still it has no value don't invest on a coin or altcoin that you didn't take a time to make a research or else your investment would be wasted, well I feel you when you say that you don't trust exchange, but sometimes you need to sell it when it has a value rather done nothing in return.

[Nellayar]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

Even your coin has many exchanges if all of it is listed in idex, latoken, bitforex and other shit exchanges, it still useless. We have to know that coin listing is good if it works in top exchanges such as binance, bittrex and kucoin. More or less, it would be just a dump series whenever our token will be listed in exchange which are not popular. Probably, we will encounter the lack of liquidity and fake volume if ever our coin is listed in shit exchanges.

[CryptoTech_]

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  

 

What do you think I should do now?

I've never heard of an altcoin called Batcoin
The first thing you need to do is visit the community group and ask there is another exchange where the token is listed.
Next time before buying a coin you have to be thorough, about where the coin is listed and also pay attention to its liquidity.

[smyslov]

Exchange is the lifeline of every coin and token here this is where you will see how the coin/token is valued and if there is really demand in the market, if a coin/.token do not have have market, or exchange you have no way to liquidate your coin, exchange will define the value of the coin/token.

[KnightElite]

I think it is the reason why we should we pick wise exchange and also an altcoin that is tradeable not only in 1 exchange but in more than 5 different exchanges. There are a lot of shitcoins that starting to lose its value because there are no traders and investors that are patronizing it. If we will buy shitcoins, make sure our goal is for short term only because when we hold it for a long period of time, for sure it will be delisted because of low liquidity.

[Savemore]

If you have an altcoin that doesn't have value anymore, it is better if you will just forget it and move on. You cannnpt replace it via trading because there is no exchange that is available. Learn from it, do not buy an altcoin again that is currently listed in a shit exchange. You will do same mistakes again for sure if you will keep buying an altcoin that have low volume and also listed in not reliable exchange.