Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ambar33n on July 11, 2018, 02:34:20 PM
-
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever a coin is listed on kucoin no matter what it get dumped. any one thinking same?
-
I don't know about that but if you can provide evidence that kucoin is the one dumping the token to its customers then it would be a big accusation then. Maybe the ones who are holding the tokens (not kucoin) - the investors and bounty hunters are getting ready dumping their coin because it is just the trend wherein the coin is dump and then buy back when it has lower price.
-
I don't know about that but if you can provide evidence that kucoin is the one dumping the token to its customers then it would be a big accusation then. Maybe the ones who are holding the tokens (not kucoin) - the investors and bounty hunters are getting ready dumping their coin because it is just the trend wherein the coin is dump and then buy back when it has lower price.
google about it its true and I do agree on what you said.
-
I don't want to give total blame to the exchange because there is no such clear evidence about it. Or it might be true.
Suppose it is true. Everyone knows this. Will anyone use the exchange after knowing this news?
In my opinion, the investors can play a vital role to make the coin dump. Not everyone the big one may be ..Ha ha
;)
-
That is possible, but I didnt read anything 100% accurate about this information. Whales and paid coins are together can be creating these dumps
-
Yes, there is such a problem, but many exchanges do this, not just Kucoin. For example, on the Yobit exchange there is a lot of information and how its owners listing shitcoins and are engaged in their pump and dump, earning on their users. But do not be afraid, this does not greatly affect the price of a promising coin with great potential. Perhaps we should choose exchanges that accept payment for listing in ETH, BTC and then there is a possibility that there will be no such problems with manipulating the price and dropping all the coins exchanged for listing.
-
I noticed a falling in prices after listing on kucoin with two my coins. I don't know if it always is.
-
I think it is the standard for new coins at the moment, doesn't really matter which exchange, they are all dropping after they list. Just a negative sentiment in the markets at the moment and people (whether they are independent or institutional investors) who got free (or discounted) coins/tokens want to get as much instant money as possible, even if it means they are potentially undervaluing it. Can't really knock them when everything seems to be dropping further and further at the moment. I'm down around 97% on one of my investments, no point even trying to sell at this stage.
-
Yes, there is such a problem, but many exchanges do this, not just Kucoin. For example, on the Yobit exchange there is a lot of information and how its owners listing shitcoins and are engaged in their pump and dump, earning on their users. Perhaps we should choose exchanges that accept payment for listing in ETH, BTC and then there is a possibility that there will be no such problems with manipulating the price and dropping all the coins of the exchange received for listing?
-
I think that isn't worst idea bro.. because there is big exchange, famous and great exchange, there is big volume so when if some token listing there, that coin will not dump so far and not seem like cheap coin
-
I think they are all dropping after they list. Just a negative sentiment in the markets at the moment and people (whether they are independent or institutional investors) who got free (or discounted) coins/tokens want to get as much instant money as possible, even if it means they are potentially undervaluing it. Can't really knock them when everything seems to be dropping further and further at the moment.
-
You might have the idea, but tokens is useless without listing it to the exchange so whether it's small or big exchange the price is determine by the amount of money invested to the token. I suppose even you if you have coin in your wallet if it is in good price you will immediately dump it to the exchange.
-
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever a coin is listed on kucoin no matter what it get dumped. any one thinking same?
Mate evethough we paid a big amount of fiat to losted in Kucoin but the fact is we can generate a big volume and many investors willing to buy in Kucoin.
-
I don't think get listed on kucoin is bad idea since this exchanges can generate big volumes, and I think they will not accept token as a payment to get listed.
-
last time i heard team developer said about their experience listing on kucoin is only cost 5btc, i think its around march or february this year, i dunno where you found this information, even binance's listing only cost you 50btc, kucoin is a small version / alternative version of binance, so i think listing fee in there is about 5-20btc only
-
I think dumping is just one way financial players want to hold the tokens to sell them at a cheap price. After a long time the price has been reduced dramatically, they will start pumping it to attract more and more traders .
I do not think any of the tokens listed on kucoin were dumped
-
In every exchange there is always a negative comments from the others so hearing such thing against kucoin is just simply a tie to others. Binance, hitbtc, youbit, bancor, cryptopia, etc. Name all of exchanges and you will always hear negative comments but they are still one of the choices.
-
I don't think it's right for that because Kucoin is a good exchange and there are many enthusiasts.
When the coin listing in Kucoin there is always a bonus for the total trade.
all the information can check here: https://www.kucoin.com/
-
I don't think like that.
The coin/token Price depends on the market, it's not because the exchanger. Cause Exchanger only provide the buyer and seller the platform so they can switch their coin.
It's just the same and happened to all coin and all exchanger.
Example : when some coin/token have an info and will got listed in Binance, the coin/token price will going up and what happened after 2 or 3 days after listed, their coin will go down a lot.
so it's just the same when the coin/token listed in which exchanger, they will always follow that stage.
first it's hype and then it will down. Then talk about the price, it depends the market, not the exchanger.
and Kucoin is a good exchanger in my opinion, never have a problem using them right now and their support is good too, sometimes they will give some reward to their customer by retweeting their twitter and for their top trading or the others problem.
But it's just my little opinion, you can research it too is it right or wrong
-
Maybe we should choose an exchange that receives payments for listings at ETH, BTC and then there is a possibility there will be no problem by manipulating prices and dropping all coins from the exchanges received for listing.
there are problems like that, but many exchanges do this, not just Kucoin. For example, on the Yobit exchange there is a lot of information and how the owners register shitcoins and are involved in pumps and disposal,
-
To be listed on big exchanges have too many advantages. So small and temporary dumps do not matter. And there is not any coin which will pay such great money just to be listed at Kucoin. Airdropers, bounty hunters are main reasons for dumps.
-
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever a coin is listed on kucoin no matter what it get dumped. any one thinking same?
It is still being decided on the capability of the token. If the token has no greater feature, then surely we will expect some massive dump.
-
Hypothesis is far different from reality.
If there will have proofs I will absolutely agree but I will search first why.
Kucoin is business. In short they have their own formula how to manage their own exchange to become popular and attractive.