Brainwashed?

[Zed0X]

Some may not like this but it looks like many of us are brainwashed and made to believe that listing from a smaller exchange to a bigger exchange is the key to a price increase. It's very common these days to see people keep asking "when bittrex? binance?" or any other exchange.

I get it that a listing to a bigger exchange usually causes an immediate price increase but what happens after that? What's next after a coin or token gets listed to the no. 1 exchange right now (which is Binance) and the price returns to its price prior to listing? 

[dragononcrypto]

Some may not like this but it looks like many of us are brainwashed and made to believe that listing from a smaller exchange to a bigger exchange is the key to a price increase. It's very common these days to see people keep asking "when bittrex? binance?" or any other exchange.

I get it that a listing to a bigger exchange usually causes an immediate price increase but what happens after that? What's next after a coin or token gets listed to the no. 1 exchange right now (which is Binance) and the price returns to its price prior to listing?

I guess the long-term benefit is increased liquidity, or at least potential for better liquidity. In reality tokens are sold off after they are listed to exchanges and usually pump on the news of listings, so it clearly doesn't make much difference long-term.  Whether the hold the price pre-pump/news/listing is the real test for these projects.

[ZionRTZ]

After Binance, next will be the ultimate pump and dump exchanges "when yobit?" or "when hitbtc"? 

Seriously, Dragon is probably right on the liquidity since many ICOs start their listings on smaller exchanges. Once they on land on bigger exchanges with decent volume though, some are still not satisfied and I think those are the "brainwashed" who are only looking to dump at a maximum possible price.

[Purwodadi]

it is absolutely true that almost everyone hopes that the coins they have to immediately be in a big market and that is the hope of many people.

[OptimusPrime]

You have a point there. The truth is, if a project doesn't have anything to keep the price alive  when on smaller exchange, there will be no changes on bigger exchange

[MuTu]

The fact in the field is that people will be happy if the coins they seek are in large exchanges such as Binance, Bittrex, etc. But many ICO developers make the decision to publish their tokens in small exchanges first and monitor the progress of their coins in exchange for whether people are interested or not before proceeding to a large exchange.

[khufuking]

Listing on a big exchange is for sure have a huge effect on any coin and that is for one main reason which is the liquidity of that exchange, that is not a brainwash it is just a simple fact that no one can deny, take a look at Binance and see that even the lowest volume coins can easily be compared to top coins on small exchange.

[Ghozrd]

That's what I'm thinking, everyone who chooses to invest in ICO looks forward to the top exchanges like Binance, but if we look at the facts on the ground, coins that aren't listed on the top exchange can also survive and have good prices on other crypto exchanges

[backfirst77]

Because what we have in mind is if an ICO project is listed in Binance, bittrex or another large exchange, the price will rise. All of that is due to the large trading volume in the exchange. So with a large trading volume, it will make prices go down and go up again or it can happen otherwise. So the effect is very large if the project can be listed in a large exchange.

[Bobcrypto]

Yes, once a coin/ token is listed on the bigger exchanges it gives the coins/token the potential to rise in price boost the coins future.

[Rembang]

it is true that sometimes we feel and hope that the coins that were originally in small exchanges and then move in large exchanges will result in a very rapid increase, and indeed I think that is also just a moment and then the price will recover down at the original price

[Watu_pawon]

to switch to a large exchange I am sure it will affect the price of the coin even though the price will decline again later, but it is very good to be able to add on a larger exchange.

[MVT$]

That's what I'm thinking, everyone who chooses to invest in ICO looks forward to the top exchanges like Binance, but if we look at the facts on the ground, coins that aren't listed on the top exchange can also survive and have good prices on other crypto exchanges

I agree with this one. There are coins or tokens already listed on decent exchanges (top 10 per CMC) but there are still some people craving for Binance to ride that pump. I guess that's what marketing does.

[aiviaa485]

It's like that.
If a coin listing in the Binance and Bittrex exchanges normally increases the price.
Like the case with coins that have been circulating in Binance.

[trauchot]

So when there is a listing on the top exchange of any altcoin, you need to immediately sell your tokens for the best price and then it will be unnecessary to hold for years to see the normal price, everyone decides for himself when to sell his altcoins.