Price is still in the dolldrums so here's some more reading again. I do not like Twitter links but sometimes it is hard to avoid it.

https://twitter.com/danheld/status/1072973302505779200?s=19

I read the article about the Bankera Exchange but it is not clear to me whether the BNK tokens accrue income from the revenue of the Bankera Exchange.

An opinion. You know what that's worth nowadays 

During bear markets, strange but interesting ponderings appear: “timechain : a decade of misunderstanding blockchain” by Gaurav Rana https://link.medium.com/1kmTTgAWAS

Bear or no bear and your general lack of faith, the system continues to grow like Funghi: “Bitcoin is a Decentralized Organism (Mycelium) — Part 1 / 3” by Brandon Quittem https://link.medium.com/II5sdlaUAS

I hope these ‘important contacts’ are right. But there is still a long road ahead.

I believe the minimum is $100, payable in BTC.

It is also possible to send ETH to your Spectrocoin wallet and purchase BNK with it at Spectrocoin. But Spectrocoin probably also works with withdrawal fees and minimum withdrawal amounts.

Release of the Exchange is a proper step forward. Coupled with real world revenues accruing on the BNK tokens, this project may be a good place to be in the eventual next bull run.

Nice idea: “What Expensive Watches and Cryptocurrencies Have in Common? They’ll Never Go Extinct!” by United Traders https://link.medium.com/Mk7DC4wxvS

"Cryptocurrencies have assumed the role of lube in the gear that moves the black and grey parts of the global financial system. And let’s be honest here: the pure white financial system is fundamentally unsustainable. Which means cryptocurrencies are in no danger, and they, or their descendants, are here to stay forever. And no one will be able to ignore that"

I understand that there are quite a few wallets available, some with a beautiful UI. But I haven’t investigated and tried myself yet. I believe there are a few lads here who know more.

I believe Proudhon if the financial system suddenly becomes sound. Until then, not a chance.

The fuse is lit...

There is wat too much posting going on for this to be desperation. But capitulation, it could be.

I see divergence appearing on the daily RSI. But that does not preclude a further fall to $3,000. Just increasing chances that a bounce will appear sooner or later.

It’s the end of times and we just have to go through this.

“After the crash” by Rob Knight https://link.medium.com/MYPayFN3rS

Ups and downs are part of the game.

It’s brutal price discovery and that is good. Bitcoin is just as useful as $6,000 or any other price. It should stand on its own legs, even if that is at much lower prices.

The journey is the experience, not the result.

If anyone needs a referral code: 7ABB8BTVKR

Meanwhile, I can confirm that withdrawal of ETH, purchased through the app, works although with a delay of approx 6 hrs (0.01 ETH fee). The fiat deposit/crypto withdrawal speed could be better but it functions. A nice way to accumulate crypto over time via FIAT.

The future looks bright for MCO.

Depositing EUR in the IBAN account went ok (European transaction). Made the payment order Thursday evening, arrived today. Buying ETH no problem. The withdrawal of ETH is still pending. I assume that it awaits a final 'go' from MCO.

So it is a bit slow to get fiat in and crypto (it seems) out. But so far the app is working fine.

A reversal from here - a real reversal - could be mean and with 'mean' I mean towards $8,000+

I just do not get the CFT ICO. Even if only the private sale bucket is fully absorbed, why would market participants gobble up $1.6 mln of CFT if max annual trading fees at $500k daily volume is only 365k?

In essence, investors are expected to pay trading fees in advance by being promised a trading fee reduction of 25% in the future. Pay now, get a reduction the next few years.

Looking at the rough numbers, it would take years and years to recover the full amount invested now through the 25% reduction in trading fees in the future.

Or do investors think COSS is still around over 16 years?

Do they expect to massively increase their trading volume on COSS in the next few years?

And an ICO up to $16 mln ----   ---- in this bear market? What are they expecting?

Do people expect a price rise in the CFT token price?

Even if my 5-minute-excel-sheet is incomplete, it makes no sense to me other than an attempt to bring in some money by collecting trading fees in advance. Is COSS critically low on cash?

Excel sheet with rough (incomplete) numbers: