Ok people, i've been thinking..
I am now almost very sure that guy who ownes these exchange are manipulating coins
Exemple :
Shit coin appears all the time, they pick one ( random of course ) buy it up (or dig it up on low dif (most probably))
wait few days when they stock it. and then put it on THERE OWN exchange,
price will go at least mini rocket,and dif also ( pump it a little during exchange blackout if needed of course..) and make money..
it all good, but in the financial world today that is not legitimate business!
So by that logic no exchanges would never list any coins unless they had a stake in it then?
Someone has to list something, someone has to be the first. Coinmarket picks up coins that may or may not have promise. It is up to the coin developers and community to make or break the coin.
Coins are usually evaluated by community support, hashrate, activity of the community and developers.
Make sure that tinfoil hat is securely placed on your head!
It makes no sense for a new exchange to start with LTC/BTC and hope for a shitload of traffic, there are already exchanges that do this on a bigger scale.
New alts is perfect for testing a new exchange, they have loads of action. Best stress test you could ask for.