follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Shitcoins and failed crypto projects are caused by exchanges  (Read 29932 times)

Online admin

  • Administrator
  • Legendary
  • *****
  • Activity: 2029
  • points:
    46275
  • Karma: 768
  • dev@
  • Trade Count: (0)
  • Referrals: 14
  • Last Active: Today at 05:44:34 PM
    • View Profile

  • Total Badges: 31
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
I have been keeping an eye on different projects and how exchanges make or break a coin.
And here's what i realized.
1- A lot of projects with absolutely no value end up on coin market cap, simply because of good exchanges listing them.
2- A lot of projects, fail and have to just exit and cancel because they fail to list on good exchanges.

thus, it's the exchanges that decide, which coins will become valuable and which won't, irrelevant on whether projects are good or bad, or even outright scams!

It's not always the founders fault, I personally find it the exchanges fault.
Listing a token on a semi-descent exchange costs around 2 btc
listing on good exchange cost 10-100 times that.

Exchanges make big money on trade, but also on listings.

Most communities are not willing to use decentralized, because too complicated.
Thus projects fail in ICO , because investors have too much doubts now,
Then they fail in listing on decent exchanges because it costs money they can't afford
Then they fail to get marketcap because on dex not much happens.
At your service.

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


Offline Zed0X

  • Legendary
  • *
  • *
  • *
  • Activity: 3307
  • points:
    48193
  • Karma: 310
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 34
  • Last Active: Today at 04:08:21 PM
    • View Profile

  • Total Badges: 27
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #1 on: June 16, 2019, 02:37:02 PM »
It is the community, not the exchanges, that ultimately decides.

There are decent exchanges out there but even listings on those exchanges won't satisfy many in the community. They would still demand for the number 1 exchange. It is the community that's pushing these top exchanges to charge more and inflate the exchange market.

Offline Pegasus

  • Legendary
  • *
  • Activity: 1502
  • points:
    9826
  • Karma: 28
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 23, 2023, 06:19:09 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #2 on: June 21, 2019, 08:35:16 PM »
I think it's the marketing that decides. Every project starts with no budget. Good project but with poor marketing results in poor ICO. No or pow funding eventually make it impossible to list on a big exchange. But if a decent project has a good marketing team, they have a successful ICO and hence, get listed on big exchanges.

Offline Lorettadaw

  • Spammer
  • 1st Step
  • *
  • Activity: 2
  • points:
    62
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: August 19, 2019, 07:53:04 PM
    • View Profile

  • Total Badges: 6
    Badges: (View All)
    First Post Fourth year Anniversary Third year Anniversary
Shitcoins and failed crypto projects are caused by exchanges
« Reply #3 on: August 19, 2019, 04:00:49 PM »
So what do we all have in mind for 2018 folks ?

Anything interesting on the horizon ?

Any potential projects in mind ?

Any projects to get finished ?

Cars are not the only point of interest.
Games - newbie deactivated link:https://torrent-katochka.com [nonactive]

Offline aartstalk

  • Baby Steps
  • *
  • Activity: 6
  • points:
    67
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 18, 2019, 12:34:57 PM
    • View Profile

  • Total Badges: 5
    Badges: (View All)
    First Post Fourth year Anniversary Third year Anniversary
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #4 on: November 07, 2019, 06:44:36 AM »
So what do we all have in mind for 2018 folks ?
2018?

Offline Goodcat49

  • Legendary
  • *
  • Activity: 1567
  • points:
    1161
  • Karma: 0
  • corion.io
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: September 07, 2020, 11:20:27 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #5 on: November 28, 2019, 10:49:39 PM »
That's right, exchanges (especially, the major ones) has the biggest influence on particular coins and tokens.

                                                                              █
                              █████████                  ██████
                      ███████████████████████████   
              ███████████████████████████████   
            ████████████████████████████████   
        █████████████████████████████████     
    ████████████████████████████████████   
    ████████          █████████          █████████   
  ████████                ██████              ████████   
█████████                █████                ████████   
███████████                █                ███████████
██████████████                      ██████████████
█████████████████            ████████████████
███████████████                  ███████████████
█████████████                          █████████████
███████████              ███                ██████████
█████████                █████                ████████   
  ████████              ███████              ███████     
    █████████        █████████          ████████     
      █████████████████████████████████       
        ██████████████████████████████           
            ███████████████████████████             
              ████████████████████████                 
                  ████████████████████                     

CorionX


















Powered by,

Offline Gerard

  • Under Review
  • Baby Steps
  • *
  • Activity: 10
  • points:
    581
  • Karma: -2
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: August 11, 2022, 01:52:16 PM
    • View Profile

  • Total Badges: 9
    Badges: (View All)
    Fourth year Anniversary Third year Anniversary 10 Posts
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #6 on: June 02, 2020, 01:59:13 AM »
Thank you for sharing! This is very interesting information for me.

Altcoins Talks - Cryptocurrency Forum

Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #6 on: June 02, 2020, 01:59:13 AM »


Offline edmundo

  • Full Member
  • *
  • Activity: 223
  • points:
    9406
  • Karma: 12
  • BintexFutures
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 12, 2021, 07:14:10 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #7 on: August 19, 2020, 10:32:19 PM »
Not really.... They are mostly caused by the project developers. I see no reason why any project that has raised enough money through token sales should fail if not for greed and carelessness on the path of the developers. Some of these developers have the no interest in building let alone sustaining the projects they design, they are all about grabbing as much money as possible and running away with it.
► BINTEX ◄ ♦ Innovative Crypto Ecosystem With Unique Payment Features ♦ ► BINTEX ◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Website|Twitter|Reddit|Facebook|Telegram|LinkedIn|Youtube|Whitepaper

Offline Ten Ryuu

  • Jr. Member
  • *
  • Activity: 46
  • points:
    3420
  • Karma: 2
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: December 21, 2023, 09:09:01 AM
    • View Profile

  • Total Badges: 11
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #8 on: August 30, 2020, 08:55:38 PM »
Not really.... They are mostly caused by the project developers. I see no reason why any project that has raised enough money through token sales should fail if not for greed and carelessness on the path of the developers. Some of these developers have the no interest in building let alone sustaining the projects they design, they are all about grabbing as much money as possible and running away with it.

Have the same thought here.  If the project fail, it is because the project owner gives up. I have seen projects that were once listed on a shitty exchange, climbing its ladder to go into a bigger exchange as time pass by.  It is possible because the project developer have the capability to identify talents especially on marketing where promotions and client relation appears.  Thus the fund coming in is dictated by how the marketing team works.

Offline April_Wilson

  • Spammer
  • Full Member
  • *
  • Activity: 159
  • points:
    5987
  • Karma: -4
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 05, 2022, 10:53:07 AM
    • View Profile

  • Total Badges: 10
    Badges: (View All)
    10 Posts First Post Second year Anniversary
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #9 on: January 14, 2022, 06:30:44 PM »
probably Investors need to be more aware about things. There are tons of scam projects,thats true but it's up to investors tbh. Im personally trying to collect NFT's via Lootex and I believe NFT's are more safer than coins. Any suggestion is welcome.

Offline boomerang

  • Spammer
  • Baby Steps
  • *
  • Activity: 29
  • points:
    1248
  • Karma: -1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 05, 2022, 08:41:19 PM
    • View Profile

  • Total Badges: 5
    Badges: (View All)
    Second year Anniversary One year Anniversary 10 Posts
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #10 on: February 05, 2022, 11:51:56 PM »
I don't believe it,I'm using Bitay for trading and that exchange only listing quality projects that will prevent investors to invest on shitty projects. Wish,every exchange could be like that.

Offline trevelyan

  • 1st Step
  • *
  • Activity: 1
  • points:
    140
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 29, 2022, 12:01:57 PM
    • View Profile

  • Total Badges: 2
    Badges: (View All)
    One year Anniversary First Post
Re: Shitcoins and failed crypto projects are caused by exchanges
« Reply #11 on: May 29, 2022, 05:42:27 AM »
Usually they charge fees to projects and get a massive tranche of tokens in exchange as well.

Then liquidate those over the next month or so.

The winner are the ones that time buying ahead of listing. By the time it is listed people are playing the volatilibty.

Last time I looked almost everything listed that wasn't a heavily-funded mainstream project was down-and-to-the-right over the next year.

And so many meme coins (the polite terms for another phrase...)

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod