Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: XEL - The Codable Decentralized Supercomputer - XEL.ORG
by
drays
on 24/02/2021, 22:46:44 UTC
⭐ Merited by josegines (1)


Yes, indeed, there is a withdrawal warning in the "Token Withdrawal After Delisting" of the announcement you referred too. And formally Bittrex can remove the wallet at any moment, and refer all annoyed customers to that warning... But practically I have noticed they try to be more cautios, and provide their customers with appropriate wallet removal email warnings - sometimes 2-3 times before actually removing wallet. Probably they try to avoid unnecessary complications, which will surely arise if they don't provide enough warnings before removing the wallet (as this could bring to a loss of funds belonging to a customer).

Not only XEL wallet is still online. I have another coin in the same list, which still has active wallet on Bittrex, despite market being delisted for few months already. As to the reasons of this behavior from Bittrex, I can think of few reasons, but I have no idea whether any of them is correct...

One thing is pretty clear - even if they didn't delist those wallets yet, they are going to do that sooner or later, unless any of the delisted projects gains REAL traction, which is unlikely.

Do you have any opinion about the possibility of resuscitating the project or do you think that we will not see the conditions of 2017 again, in which without having a defined team either, several people agreed to do things?

Well, as it is known, everyone has an opinion Smiley I don't think my opinion matters a lot in this topic.
The conditions you speak about, and very rare. Having a world-class developer jumping in and working on some project without any financial support and with limited interest from community, is something close to a miracle in our world. Miracles happen, but somebody should put a lot of talent and energy for them to happen. I don't see any indication of such development to take place. The people who still interestyed in this project mostly lost the enthusiasm, looking at how "community" is interested in short-term financial gains only.

Developers are working mainly for two reasons: either for money, or for recognition. Some work for excitement. There is no money left here, and no community to provide recognition or excitement. So... you judge.