Just because Burst has more volume short term does not reflect long term potential. Many of the delisted coins had large amounts of value. BTM NXC OMNI BCY EMC2 RADS EXP FLDC NAUT are all big connected projects and not going away anytime soon. That leaves HUC NOTE XVC RIC FLO GRC XBC PINK XPM NEOS NMC BLK VER VIA BELA, 15 coins, lets say those 15 are the next delisted, because they are both 1) lower volume, and 2) arguably less advanced. Then there are just 9 coins left in that list with us, so 2 delists away. Its scary to think about but we were much safer 3 delists ago when there were like 50 coins definitely below us. 14 were just cut, we are in the bottom 25. There are many many new Etherum coins out there that will get listed, and will probably. I do not want to or enjoy being the devils advocate, but there needs to be some awareness of where we fit in to all of this. Many of the delistings that took place happened to make server room to support XRP, which has 7 BILLION in market cap, and crashed their entire website on April 1. They went down again when Stellar Lumens moved 400 MIL, and only moved less volume because the site crashed. They will cut the smaller coins if they think it will give them a greater chance of uptime when XRP ETH LTC ZEC XEM XMR or any big coin will be moving. We will definitely not be delisted tomorrow, but every altcoin cannot be around forever. We need to have a detailed plan for what will happen at the end of Q3 2017, Q1 of 2018, Q2 of 2018, Q3 of 2018, Q4 of 2018. If we do not have that we will not be around to start Q1 of 2019 because we will be passed off as going nowhere sometime in the middle of 2018. We need to look towards the long term future, and not at short term gains.
Best posts made by alexclarkbarry191
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RE: Polo delisting coins. Could this send more volume to Burst?posted in Price & Trading Discussion
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RE: Polo delisting coins. Could this send more volume to Burst?posted in Price & Trading Discussion
@potkas BURST was created from as a clone of NXT, which forks often for big updates. If they do it why can't we? Hard forks show growth and adaptability is possible. How would a fork destroy trust in the coin?
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RE: Polo delisting coins. Could this send more volume to Burst?posted in Price & Trading Discussion
@potkas It is best to start the panic now and change direction quickly to avoid delisting. What would be wrong with having a hard fork to show that we are able to push substantial upgrades to the protocol? I know the other forum does not control the network, but it can damage the reputation of the network in the eyes of the exchange that keeps us listed. In the past crowetic has said they have wallet problems with Poloniex, and that communication channels between him and the exchange are weak/non-existent, and one of coins he manages is already delisted. Burst and its 100-200 BTC trading volume is not a priority for them when they have Ripple, Lumens, Ethereum, Monero, and others doing 100,000+ BTC. I do plan on putting effort in to help hold the fort up, but I want everybody to be over prepared and all hands on deck to prempt this problem before it occurs. We can think delist is not a possibility, sit around hands in our pocket, and then one day everybody takes a -90% loss.