Quote from: vaelrock on December 06, 2016, 03:08:52 AM

Nearly every single coin is down ATM because of bitcoin bull rally, except for some rare quick pnd (but with very low volume), so VRM is just following the global alt trend.
ETH is crashing, XMR and ETC are very low, LTC crashed, ZEC is crashing (also because the mining ramp-up just finished), DOGE is crashing... VRM maintaining itself would be extraordinary, but there's still no reason for it to do so.

Interesting fact is that bittrex daily volume this past few days is less than 1k BTC, which is very low for an exchange with a full dev team, and I don't know how they can survive with fees alone.
They have ~200 BTC markets and today for example, only half of them had the minimum 0.5 BTC.

It's very strange for them to want and try to delist so many coins when we're clearly in a very alt bearish market.
I mean, even VIA which recently had a major dev change is in danger of de-listing.

It's a shame they equal development quality with volume, especially for recent ones that could not prove themselves yet.
In the case of a coin that everybody wants to hoard for staking, thus having very low exchange volume, it's just stupid.

One would suppose that the exchange is currently in a difficult financial situation, and they're trying to cut a lot of operation cost by halving their alt market count in a way that put pressure on devs/communities.
But that may very well be a bad strategy, because if the only alts remaining are the high volume ones, those are probably also on poloniex, and why trade on bittrex if you can do it on poloniex with much higher volume.

Nevertheless if my calculations are correct we need around 3 BTC of volume in 2 days so I think we should all do some active trading now since for the moment we don't have anything better. I agree that Bittrex is not what it used to be and the more they keep this illogical practices the worst they will be, I wrote them in Slack that if you de-list 3 months old coins then how do they expect people to touch new assets when they will always have the risk of de-listing before even taking the time to accumulate, they are obviously in panic and trouble and me personally I will start avoiding Bittrex. Even if they actually de-list VRM, personally I don't sell, I never invest more than I can lose and the possibility to be added to Poloniex (let's not forget that the devs have good relationship with Polo and a good name in the crypto community) is making the potential risk/reward so huge that in my point of view it deserves it. People don't seem to understand that in order to gain you need to risk and it's better to risk a small % of your portfolio in very risky times (and look for up at 50 times your investment) than risk all of your BTC at a hot market or an ICO (looking to make a 10%). VRM in less than 20k is one of the biggest opportunities out there.

Also the devs should be activated now, post something guys, say a word, many people deeply appreciate you but now everybody is waiting for a word.

thdim

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