Can I ask what's the logic behind preferring BTC-Alpha + OpenLedger + Coinexchange.io over Cryptopia?
I think Cryptopia would give more exposure even if it's just a single exchange, specially since lately people have started to understand that the place is an incubator of lowcap coins that can boom and become very relevant.
Well... On the other side if I can be selfish for a moment I'm fine with the coin not reaching Cryptopia (yet) so I can keep accumulating, but I still think it's an important milestone the community should try to aim for.
Hello,
First of all thanks for asking before making any asumptions.
This is a Race, so basically donators can decide the exchange.
As i donated more than 10k BTCZ for the three exchanges I can tell you my reasons, I dont know others reason for their chosen option. BTCZ is about decentralization. Decentralization means that if one piece falls the coin will not suffer. So i choose 3 exchanges instead of one because I think that we need to have a backup if one exchange closes or has technical issues. Right now we have 3 exchanges and we all know that those are not the best. Another 3 means that we have more chances to ALWAYS be available for investors. Those 3 in the race might have their own issues, but i want BTCZ on more exchanges before hitting a big one, that way we can be sure that one exchange does not dictate the price.
Also I heard of pump & dump scheme. Most of these schemes take place on coins that are listed only on cryptopia. Because the price can be easily manipulated by whales.
Another reason is that i support Decentralized exchanges, OpenLedger is one of them. I think those are the future when people will realize that on DEXs they have the coins, bot some storage on a server.
At the end: i think we should go for another 2-3 small exchanges besides those 3 from Exchange Race before going big. We need volume and price direction from 10 small ones so we assure that big ones do not affect us.
This is just my humble opinion, and the reason I vore for those... at the moment. This coin is young, we need organic grow.