Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MUSICOIN]Volareo now processing pre-orders for Musicoin smart speaker🎸
by
markiz73
on 26/01/2019, 15:40:43 UTC
You guys need to realise its not that easy getting added to another exchange.

Say Binance for instance. To get added there you need to pay a 6 figure listing fee. And there are other exchanges which are even smaller than Bittrex which require a fee also.

Bittrex is a good exchange. MUSIC getting added to another exchange won't boost its price. We are in a bear market and most coins are suffering.

the addition of a coin is required not for the pump but for the stable exchange and security of the project as a whole

Bittrex is currently a monopolist for musicoin and if for some reason from doing a coin removal, the project will simply die.

no musician will need a project that does not allow you to withdraw cash

adding musicoin to new exchangers is required for the safety of the project as a whole!

blocking Cryptopia showed how dangerous it is
If you now sell the miningt musicoin, then the profit will be close to 0.
At the bitrex exchange is now 66% of the coins.  874698405.271385 MUSIC out of 1 324 391 712 MUSIC possible
https://explorer.musicoin.org/account/0xea62a60b127efd524b6e19791bcb374a49302c71
https://coinmarketcap.com/currencies/musicoin/

Therefore, whoever has money on the exchange, he can freely sell his coins, trade is not closed.