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Don't condemn "the system" saying they don't accept your less popular coin without saying which coin. There's a host of reasons exchanges won't touch a specif
by tata71 5y ago
Don't condemn "the system" saying they don't accept your less popular coin without saying which coin.
There's a host of reasons exchanges won't touch a specific coin, like Kraken & SHIBA INU.
- donmcronald 5y agoI don't have a problem with them not wanting to support a coin. The thing I have a problem with is them having a huge buy button where I can buy a coin, but I can't transfer the same coin in to the system to sell. That's the same (opposite, but still manipulative IMO) thing that Robinhood did with GameStop and the online sentiment seemed to be that it was bad. It's kind of a moot point for me anyway because I don't think I'd sell. By the time I'd pay an accountant to do my taxes, plus the taxes, I wouldn't end up with much. I just wanted to point out how the whole "you can buy, but you can't sell" thing exists in crypto and no one even blinks.
- tata71 5y agoRobinhood did something that was actually wrong — offering a sell feature, and then taking it away later when they overspent things they didn't actually have. Only offering Buy isn't too far off from normal for shitty centralized exchanges, e.g. PayPal lets you buy BTC but not sell.
- donmcronald 5y agoI think it should be illegal. It's more of a stock store than a stock market if you can only buy and not actually trade.
- tata71 5y ago...cryptocurrencies aren't shares of a company. It's money.