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Author Topic: No exchange? No Value!  (Read 2421 times)
mdzahed134
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July 12, 2020, 06:48:00 PM
 #121

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!
If the team's are owns enough fund to list with new exchanges than absolutely it’s possible. I will be show a several projects which we're delisted than team's able to reach with another exchanges, likes MTCN was listed only idex and delisted from here & right not it’s got Biki exchange, so i think it’s depend on the management they can do everything. But Batcoin is dead, don’t expect to make profit these token after listed an exchange.                 

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July 12, 2020, 07:09:57 PM
 #122

It's a pity but the a serious team and project should not end even with the hacked exchange. It has always been said that no one should keep his/her coins on any exchange. An exchange suffering from an hacking dosent put an end to any project.
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July 12, 2020, 08:16:13 PM
 #123

it has become a natural law, exchanges are home to coins or tokens of a project, specifically for coins must have exchanges, but for ERC 20 tokens we can use decentralized exchanges like Forkdelta

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July 12, 2020, 09:15:23 PM
 #124

it has become a natural law, exchanges are home to coins or tokens of a project, specifically for coins must have exchanges, but for ERC 20 tokens we can use decentralized exchanges like Forkdelta
It has not become because it is there from the beginning Grin. I mean without exchanges we cannot decide the prices for an asset regardless of its total supply/circulating supply/usage in day-to-day life. So, to find out the real value of coin, we must need a platform where buyers and sellers will decide based on demand and supply. Here supply may not get impacted by the project's main reason but demand is purely depending on what solution that project is going to provide.

So, exchanges are just an integral part of this crypto space from the beginning.

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July 12, 2020, 10:05:45 PM
 #125

This is a period you have to follow the project team up on Thier handles to know if there's still hope or not but I have seen death projects resurrect again maybe this one would one day resurrect. I will advise you follow up the project and next time do ensure you investigate properly before investing in a project to avoid making such mistake second time. Mistake is the best teacher to man. Sorry mate it happened.

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July 12, 2020, 10:18:57 PM
 #126

The only thing that you can do is HOLD and hope in a future listing. Pay attention in the future to this kind of investments. Collect more info about the project and listings because a coin without pairs has no value!

The coins mentioned by OP are dead long ago, holding doesn't even make a difference. This is the more reason why if I'm going long term on a coin and the project stops rolling out updates as before, I have no option than to dump, its that simple. Sometimes you do proper research before investing in a project, along the line shit may happen and you gotta dump and move on.
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July 12, 2020, 10:49:08 PM
 #127

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.  Undecided

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

What do you think I should do now?

Batcoin seems to be a long gone project because the team has ghost up with no any update to either their social media handles or project development. It is always important to check out the progress of a project before investing, most of these coins out there now are just having names but are already forgotten by the teams, so if you don't make diligence research about the coin, you'll end up buying a dead token
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July 12, 2020, 10:59:48 PM
 #128

it has become a natural law, exchanges are home to coins or tokens of a project, specifically for coins must have exchanges, but for ERC 20 tokens we can use decentralized exchanges like Forkdelta
For ERC-20 tokens idex exchange is the best. Idex exchange doesn't support fake volume below 0.15 Ethereum. But coins like batcoin must need a centralized exchange. Actually, I don't know why someone is picking this coin to invest like batcoin. Later these people will blame cryptocurrency. I don't think in the future this coin can make a bullrun.

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July 12, 2020, 11:06:18 PM
 #129

it has become a natural law, exchanges are home to coins or tokens of a project, specifically for coins must have exchanges, but for ERC 20 tokens we can use decentralized exchanges like Forkdelta
For ERC-20 tokens idex exchange is the best. Idex exchange doesn't support fake volume below 0.15 Ethereum. But

As it stands, the coin the OP is holding, be it ERC20 or whatever blockchain it is, it is not currently trading. Also, you can not trade any coin without the knowledge of the team of IDEX, unlike some other decentralized exchanges, where you can just go to put up your price and expect a buyer to come at any given time, such as Folkdelta. Well I think he should just keep his fingers crossed and wait for what the team will be bringing
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July 13, 2020, 01:05:23 AM
 #130

it has become a natural law, exchanges are home to coins or tokens of a project, specifically for coins must have exchanges, but for ERC 20 tokens we can use decentralized exchanges like Forkdelta
It has not become because it is there from the beginning Grin. I mean without exchanges we cannot decide the prices for an asset regardless of its total supply/circulating supply/usage in day-to-day life. So, to find out the real value of coin, we must need a platform where buyers and sellers will decide based on demand and supply. Here supply may not get impacted by the project's main reason but demand is purely depending on what solution that project is going to provide.

So, exchanges are just an integral part of this crypto space from the beginning.
Exchange is important because it is the bridge for us to buy and sell cryptocurrency, if the exchange doesn't have enough volume; then it only means that there is only few people that interested to it. It is not new anymore to see a certain altcoin that is losing its value because it is always happening in different exchange. If we will buy a altcoin make sure that it has a good average volume and it is also good if it is listed in an exchange that is reliable and trusted.
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July 13, 2020, 01:21:34 AM
 #131

I don't know what is your reason for buying coins/tokens and really trusting them. I think you are not doing enough research before choosing to invest. I have never heard of the project you are talking about. Maybe you lack information so that you make the wrong choice. There is nothing you can do besides hodl and give up your money not to return unless the project really has a good plans in the future.
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July 13, 2020, 01:50:19 AM
 #132

No exhcange? No party Cheesy, of course if you have several coins or tokens that cannot be sold or traded in the market then it is the same as junk coins but don't cry buddy, if your token is based ETH platform then you can still sell it on Etherdelta or Forkdhelta if these two exchanges still aren't dead Grin. after this be careful before investing.

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July 13, 2020, 08:16:02 AM
 #133

I don't know what is your reason for buying coins/tokens and really trusting them. I think you are not doing enough research before choosing to invest. I have never heard of the project you are talking about. Maybe you lack information so that you make the wrong choice. There is nothing you can do besides hodl and give up your money not to return unless the project really has a good plans in the future.

He maybe a newbie in this market, and he trusts someone to make investment decisions. Obviously he made a wrong choice and hoped he would draw a lesson and maybe be more careful in the future. Only top altcoins should be purchased and listed at major exchanges

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July 13, 2020, 08:25:11 AM
 #134

No exhcange? No party Cheesy, of course if you have several coins or tokens that cannot be sold or traded in the market then it is the same as junk coins but don't cry buddy, if your token is based ETH platform then you can still sell it on Etherdelta or Forkdhelta if these two exchanges still aren't dead Grin. after this be careful before investing.
If that coin even can be traded on the etherdelta exchange site doesn't mean that will have value. So many shit scam coins have already used etherdelta (this is dead right now and it has already replaced with forkdelta) as alternative exchange site but they have no demand and then dead coin.

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July 13, 2020, 12:36:17 PM
 #135

This is a lesson learned to newbie or many who do enter in the market without collecting more information about the project. Buying a coin that has only one exchange is very risks thing to do that it may lose all your capital. No exchange of your coin will definitely a stock in your wallet. Hence, it is really necessary to be more cautious before investing and buying a coin.
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July 13, 2020, 12:48:22 PM
 #136

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.  Undecided

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

What do you think I should do now?
there is nothing to do but wait for the project management team to renew the site's domain, but if there are no changes then you have to let it go.

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July 13, 2020, 12:53:26 PM
 #137

lots of exchangers do not have volume instead they dare to make the fraud volume it usually happens with a new exchanger it's better to trade on an big exchanger and already have a big name so that assets don't just disappear
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July 13, 2020, 01:02:28 PM
 #138

There are some projects that rather focus on development than on listing on the exchange, it is mainly token after listing doesn´t have a value, is not backed by a real business and the price constantly falling down - to prevent this, you develop product and after that, you make a partnership with a reputable exchange.

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July 13, 2020, 01:05:49 PM
 #139

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.  Undecided

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

What do you think I should do now?

It turns out that you can not do anything in this situation. There is only one option left, to wait and hope that the project and its cryptocurrency come to life and enter a new trading platform. But unfortunately this is a small percentage of probability. You need to study this project right now, clarify its future plans and draw a conclusion. Perhaps you have already lost your money and you need to come to terms with this. The main thing to remember is that any investment is a risk. To play this game you need to be prepared for any outcome. I am sincerely sorry that you were in this situation. I myself hold a number of different coins and tokens in the hope of the best!
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July 13, 2020, 01:08:45 PM
 #140

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.  Undecided

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

What do you think I should do now?
It doesn't make the project a dead one but only the team can bring light into this, they have to find another exchange to list the token on and if the team or channel group is dead it means that the project is abandoned

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