The market morale and value is down, I mean there are a lot project already shutting down due to this
This are pretty hard times but Onam continuing what they do is one hell of a big deal and they've got my support
i will like to believe they are capitalizing on the fact that the market will recover soon but i still believe it gonna take some time before the market recovers in most threads it is currently only about the one topic. The big losses in the market. Of course it's bad, so if I look at what my tokens were worth a year ago and what they are worth today, then I could cry too. But I see this as an opportunity to invest in further projects. After all, next year it will almost certainly be the other way around, and then you should have already saddled your horses It's difficult to look past the crippling losses and actually want to invest. But you are right, this is the best time to accumulate tokens and buy into projects that we have monitored for a considerable amount of time. So true, those coins you know what their value used to be months back. However invest what you can afford to lose. Yeah exactly and if the tokens ever return to the prices that we saw earlier this year then wow, a lot of people are going to get rich. However I think we will see a lot of projects get wiped out so be careful with which ones you might pick. |
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I don't know what is the reason but market still falling too much, so my question is that it will impact in the sale or tachain still getting investment from market?
Logically with the buy back policy they recently started they should still get funds coming in Although I haven't checked the figure or the progress of token sales i dont think it'll make the token sell stop or slow down as Tachain has fixed value for ETH. but some slow down issue might occure as there are news that eth will fall below 60$ and that time people will buy eth at that price. Tthis is not correct, 1 TCHN costs $ 0.01 a binding to ETH would of course be great, then you could buy really cheap tokens at the moment. But unfortunately the price is fixed at $ 0.01 It’s a double edged sword if crypto was on the way up people would love it coming from crypto to invest but in reality if your coming direct from fiat to invest in tachain the market currently doesn’t matter It's funny when crypto is down people complain when a token sale isn't tied to values in BTC or ETH. Then, when crypto is up, people complain that a token sale isn't linked to fiat. You just can't please some people. Spot on! I just hope the plan Tachain team has in place will suffice and ensure they have make everywhere come to live. I'm worried about Tachain a little bit, utility tokens are being targeted with a lot of FUD at the moment. It is true in some cases a lot of utility token projects are unnecessary, but I do like the way that Tachain is planning on implementing their token into their ecosystem. |
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I am not sure if it has been published somewhere but does anyone know something about the token metrics? I mean, how many tokens are there in total? How many are (were) for sale? How many were airdropped?
May be they haven't released any info on that just yet! They are only doing development of that exchange and its core features! Probably they will release the info later! I don't think they have announced that yet; I think they are still focused in development and private investments. I mean they are quite active on that front and they said they will announce that information so we will wait and see. Maybe they are waiting for the market to stabilize. As far as I know, it is not clearly announced if they will hold a Public Sale. I heard that Covalent has a Private Sale. I think we have to wait for an announcement. That's what I know too that they have a private sale now instead of publick sale. Maybe the Public sale will come next after this market situation or their private sale. as I have already written a few posts above, there is probably no public sale. Instead, Cova will sell the tokens on an exchange so that people from countries that prohibit ICOs can also participate I'm under the impression that COVA didn't run a token sale. They have been privately funded by corporate investors. These corporate investors include FBG and Huobi Capital. They might run a public token sale in the future, I believe the team are discussing the best way to raise more funding. Could be an ICO or an STO. Who knows!? I wouldn't bet that there will be a public sale. The best way to get tokens right now is as a reward for voting for Covalent to get COVA listed on Huobi exchange. I think due to COVA's close partnership with Huobi they will be listed on their exchange at one point or another. This vote was a good opportunity, but due to the lack of marketing and hype as there hasn't been a token sale yet, I don't think their support will be able to match the other projects in the listing competition. |
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Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it
I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol. |
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They have the equipment scheduled to buy after the first of the year I think they said January they have said few times they are delaying to try to see if newer equipment releases or if older equipment prices fall to get more bang for their investment
they should just go ahead and get the newer equipment i don't think older equipment will give them the necessary result, setting up rig with latest equipment will be more beneficial A lot of old miners are basically useless. There are pictures/videos of large mining farms in China, chucking out, and destroying old equipment because their running costs were losing them more money than they were making. |
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The market morale and value is down, I mean there are a lot project already shutting down due to this
This are pretty hard times but Onam continuing what they do is one hell of a big deal and they've got my support
i will like to believe they are capitalizing on the fact that the market will recover soon but i still believe it gonna take some time before the market recovers in most threads it is currently only about the one topic. The big losses in the market. Of course it's bad, so if I look at what my tokens were worth a year ago and what they are worth today, then I could cry too. But I see this as an opportunity to invest in further projects. After all, next year it will almost certainly be the other way around, and then you should have already saddled your horses It's difficult to look past the crippling losses and actually want to invest. But you are right, this is the best time to accumulate tokens and buy into projects that I have monitored for a considerable amount of time. |
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I don't know what is the reason but market still falling too much, so my question is that it will impact in the sale or tachain still getting investment from market?
Logically with the buy back policy they recently started they should still get funds coming in Although I haven't checked the figure or the progress of token sales i dont think it'll make the token sell stop or slow down as Tachain has fixed value for ETH. but some slow down issue might occure as there are news that eth will fall below 60$ and that time people will buy eth at that price. Tthis is not correct, 1 TCHN costs $ 0.01 a binding to ETH would of course be great, then you could buy really cheap tokens at the moment. But unfortunately the price is fixed at $ 0.01 It’s a double edged sword if crypto was on the way up people would love it coming from crypto to invest but in reality if your coming direct from fiat to invest in tachain the market currently doesn’t matter It's funny when crypto is down people complain when a token sale isn't tied to values in BTC or ETH. Then, when crypto is up, people complain that a token sale isn't linked to fiat. You just can't please some people. |
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I am not sure if it has been published somewhere but does anyone know something about the token metrics? I mean, how many tokens are there in total? How many are (were) for sale? How many were airdropped?
May be they haven't released any info on that just yet! They are only doing development of that exchange and its core features! Probably they will release the info later! I don't think they have announced that yet; I think they are still focused in development and private investments. I mean they are quite active on that front and they said they will announce that information so we will wait and see. Maybe they are waiting for the market to stabilize. As far as I know, it is not clearly announced if they will hold a Public Sale. I heard that Covalent has a Private Sale. I think we have to wait for an announcement. That's what I know too that they have a private sale now instead of publick sale. Maybe the Public sale will come next after this market situation or their private sale. as I have already written a few posts above, there is probably no public sale. Instead, Cova will sell the tokens on an exchange so that people from countries that prohibit ICOs can also participate I'm under the impression that COVA didn't run a token sale. They have been privately funded by corporate investors. These corporate investors include FBG and Huobi Capital. They might run a public token sale in the future, I believe the team are discussing the best way to raise more funding. Could be an ICO or an STO. Who knows!? |
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I mean it’s pretty much a settled fact that adoption always been the biggest issue with crypto especially for as wide spanning projects as something like Cova
It's the main cause of the current bear market. The development of projects and revenue earnt by crypto companies did not keep up with the oversold prices we saw at the start of this year. Everything is correcting at the moment and hopefully, we will see a pump in the next year or so. |
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Personally i don't think we're going to see a "real" uptick in the market until mid next year minimum if i had to guess, but that won't stop businesses from operating fiat is fiat, and going from fiat to crypto back to fiat will continue to work, basically this dump is mostly hurting those of us that sit on crypto forever
Yeah man it could even take years, the best thing to do at the moment is to try and ignore some of the FUD on social media, keep accumulating crypto and wait for it to pick up again. This is why I'm still posting and continuing to look into crypto, I really like Tachain and I hope to see their project continue to build and not give up on their idea. of course, no matter what they say about these coins. a lot of fud circulating and it causes some of us to stop with these coins, that's why social media is very influential, and this is where the role of the community. No problem there are a lot of fud circulating, the origin of the team continues to work with the results and development showed that good, then people will see correctly. Yeah, I'm still trying my hardest to help promote Tachain, this thread has become a bit dry in recent months but it's great to see there are followers of the project still actively posting. I would personally like to see more interaction from the official Tachain team on here, but obviously, they are very busy at the moment. |
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Teams got a lot of ways that they can stand to grow and improve I’m sure their doing all they can and from what I’ve seen they seem very open to input from the community
I've been tracking ONAM's Twitter page & Telegram group, they have been putting in a lot of hard work recently. It's nice to see it is paying off and they are getting more recognition. Hopefully this translates into more business for the ONAM team. Could attract more partnerships if they become more popular. |
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I was expecting more panic talk in this thread, anyway, securix still have a long way to go and let's hope for a brighter future.
It's easy to get carried away when markets are this bad, but I still have faith in crypto and the blockchain. I like Securix and I have been following them for a long time, I just really hope they can continue to be transparent during this tough time and keep us up to date on their day-to-day dealings and developments. I constantly laugh because in low markets it’s literally only people buying high and selling low taking losses if people just stopped dumping and realize their selling to people who know the market will recover eventually att this point selling is silly you’ve seen parabolic increase to 20k and then sell at the lowest point in what deals like forever lol that’s not how investing works Some people are selling tokens right now at ridiculously low prices, I actually feel so sorry for them because unfortunately there is so much manipulation in these markets. It's crazy, I've seen posts on Reddit where people bought ETH at the top around $1,100 and are now selling at this price, like are they really that dumb!? |
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MinedBlock project looks realistic. Giving out payments monthly from mining profit using a smart contract and based on a percentage could work out. If the value of btc is low or gets high, payment would still be done. Unlike mostly facilities that promise theoretical profit and wouldn’t deliver.
i read somewhere that they will be mining top cryptocurrencies i believe that is a very wise move from them doing so will help create more profitable scheme I think the team need to sit down and do a good job. They need to be specific on coins to be mined. Btc would be a good choice, but we got more coins coming in and being a bit stable too. The team should make a choic and based on this make estimates on profits. i don't stable coins are mineable or I haven't read anywhere that they are though Right now the best coin to mine remains BTC cos of its strong value which is why I am glad about team choice of mineable token I think BTC will be the best coin to mine long term, it holds the most value and due to recent events and developments, its mining difficulty has decreased. ETH is till extremely difficult to mine. |
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I had a quick glance at the withdrawal fees and my word! They are so low for an exchange, judging by the the kind of ridiculous fees we have somehow become accustomed to, these fees from Bitmax is very cheap. This are really ridiculous fees right now as per exchange withdrawal fee I can relate It used to be 0.01 for eth as it is that I use mostly but 0.0025 is a very fair deal to me The least i have seen for a exchange is 0.005eth for a ethereum withdrawal ! Its true they should reduce some fees but they also need to list some coins with low fees lile XLM and XRP! This 2 coins are actually really doing great despite the times we are in I think it will be really a smart move by the team to list the tokens now and couple with the huge volume already in the platform, it should be far before Bitmax is recognized Wait, am I being dumb or are all withdrawal fees flat. Like it's not tiered depending on the size of the withdrawal? That's pretty amazing! So could you in theory withdraw 25 eth and only pay a 0.0025 eth fee? |
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That's one of the reasons I said a few days ago that while they have great tech they really need to put a lot of effort into bringing PR and advertising into a really major push they need adoption and that's going to come down to the things developers normally see as superfluous
Adoption is key, especially for a project that is as complex as COVA, I know what they are trying to achieve is very technical and it is a developer and I.T professionals dream. But they need to try and make the actual user side more friendly so people that aren't that clued up can learn about it. |
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Personally i don't think we're going to see a "real" uptick in the market until mid next year minimum if i had to guess, but that won't stop businesses from operating fiat is fiat, and going from fiat to crypto back to fiat will continue to work, basically this dump is mostly hurting those of us that sit on crypto forever
Yeah man it could even take years, the best thing to do at the moment is to try and ignore some of the FUD on social media, keep accumulating crypto and wait for it to pick up again. This is why I'm still posting and continuing to look into crypto, I really like Tachain and I hope to see their project continue to build and not give up on their idea. |
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I was expecting more panic talk in this thread, anyway, securix still have a long way to go and let's hope for a brighter future.
It's easy to get carried away when markets are this bad, but I still have faith in crypto and the blockchain. I like Securix and I have been following them for a long time, I just really hope they can continue to be transparent during this tough time and keep us up to date on their day-to-day dealings and developments. |
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I like that ONAM is very dedicated to being compliant. They have even partnered with well-known cryptocurrency and bitcoin investment services provider BitGo. They are the market leader in providing these kinds of services.
Those kinds of partnerships can really do some major advancements toward getting more attention on this project and for an exchange that's really something that matters, we need to have a lot of those kinds of partnerships to really move them up the charts That's true I think the ONAM exchange team organized the Bitgo partnership when they first set up the project as it is in their whitepaper. But you are right, partnerships are really helping cryptocurrency projects survive, especially in these poor market conditions. |
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I learnt your ICO was a success, what was your soft cap set at?
exactly my point, there is nothing as sweet as transparency. I would also love that the team make a transparent report on their website or other medium on the progress of the pre ico and the general activities of the project, so that investors won't be in the dark. As regulation comes in project will have no choice but to be transparent If they aren't the long arms of sec will catch up and investors will be scared Minedblocks do not have much of a choice here I would like to see some more details on the Minedblock website, it looks a bit bland at the moment. The team should definitely look into giving it an update in the near future. It could potentially attract more attention which might lead to more investors and support. |
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The market is really scary as of now. Not sure if it is the fall before the rise or something else. It is going to be a tough time for ICOs. For minedblock the softcap seems quite achievable and I think they have a better chance raising funds from private investors.
Yeah, agree on you, because of the market keeps collapsing, a lot investor are getting scared to invest on something because it may turn out to be a failure, I wish that the project find a suitable investor. That's right, One of the possible factor or reason now why the project will going to fail is because of the market current situation but I hope that their team will not going to think about the failure instead make an alternative way to survive on this situation. It's a curious time for crypto, is this the end? Will crypto bounce back? Will we see a lot of the shitty ICO's that flooded the market this year slowly start to be flushed out? I for one am excited to see what happens, I'm optimistic about crypto but I'm not 100% confident we will see the market stay afloat. It's a very interesting time. |
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