Post
Topic
Board Announcements (Altcoins)
Re: [ANN] POPULOUS - Invoice trading platform | ICO l BOUNTY CAMPAIGN
by
MrPuffnStuff
on 20/09/2017, 04:02:39 UTC
You guys are total idiots.
What makes you think a token getting listed in any particular exchanges will cause the price to fly?
99.9% of the people that are not you, are not as stupid jackass as you think.
They are not some stupid jackass that will sell their houses and buy up the token just because it gets listed in some XYZ exchanges so that you may make some short-term trading profits to be rolled over to other tokens.
You guys seriously need to learn about investing 101.

Woah cowboy, ease up on the completely unnecessary insults. 

I do agree with the main point though, I'm really tired of hearing every single thread for every single project not listed on Bittrex or Polo or Binance just bitch and bitch about not getting on exchanges with more liquidity.  It typically helps projects get exposure and raise the volume but history shows that it rarely causes the project to explode like everyone expects it to.  Look at when BAT was listed to Bittrex, it was dumped harder than any coin dump I've ever seen!  Then let's look at Monaco being added to Binance, it went from 3$ to 25$ only to normalize at 8$, there is sometimes a FOMO rally but it almost always settles back down to natural values. 

That being said, what having bigger exchanges does help with, is when there is big news announced and major milestones that are reached having the exposure to more traders will help the price rise in real time.