When is the sales closing again please? Will token sales continue after the stipulated date If softcap isn't reached but very close?
I'm not a member of the team but this is what I came across both here and in the telegram group as well Tokensale will end December and they are pulling in funds at least that's what was talked in the group sometimes ago, so the possibility of hitting softcap is high ICO bench says that the token sale will end on Dec, 21st and if I remember correctly someone from their Telegram team also confirmed this date. Actually, the ICO should end on 1.12. but they have extended the pre-sale by a few days because of the bad market. That's why the ICO ends a few days before Christmas. Hopefully with many tokens sold as a Christmas present :-) Lets just hope that the market will get better in the coming weeks, the pressure is just too much on most project and some are fidgeting, well, the strong ones are still buying, i never believed it will be this low, at same time, no one knows what will happen in the coming weeks, it may be too high to comprehend , so lets watch and see
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Their Risk Free Investment seems solid! If you invest in them and later you decide to walk out of this project seeing ni progress you can claim your ETH back! Which is cool for me, as they are promising the product or the return of money!
Yes, that's a really interesting move. Good that they have published more information today. The brave can continue to do without, and get 10% bonus for it. I think that should be worth the risk :-) It’s important that they continue to release more information and develop the project in a way that the community is very attached to how the project is improving and growing Yup agree on you, it means that the project is still improving and devolving new features for the project and in time it be will fully become successful with the helps of the community and the moderators. Nice move to attract a lot of investor in their risk free. Oh that's what the risk free investment is. It is a nice strategy and can attract investors to invest knowing that they can get their investment back if they are not satisfied with the progress. Yea, you know the community is on the edge right now and everyone needs something to hold on to, a guarantee that if something goes wrong, they will get back their money, having a plan in place to help the community feel safe is a wonderful one, giving them that feeling of less risk on the part of the project and as such, they can comfortably come into the project
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I find it funny when people say mining isn’t profitable in these conditions yet still theirs millions of ASICS chewing away every day because it is possible that’s how difficulty works
You know the niche is a really controversial one, i have seen people say things about the industry and some believe that anything related to mining is a failure or a scam project, so it all depends on the brand in question, MinedBlock should owe it a duty to prove the such individuals wrong by bringing up a credible brand that will not only be profitable but sustainable
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With the two professors as advisors, this group continues to grow. It's simply one of the best universities. And Cova needs the best people thanks for the link to the reddit channel. Maybe a little more life will come in now Yea and we may get to see more intellects come onboard with time, they sure have plans to become a leading entity, having something that will revolutionize the internet in a new and smart way will be something to behold and i believe the advisors will not want to be part of something that they don't believe in, so its great having them as part of cova
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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? According to what I read about the withdrawal fee, its flat and like you said pretty insane I think they are trying to lower the ease of using the blockchain and its making loads of sense as well as attractive Yea, they are trying to balance the equation between the conventional system and the traditional system, it is when such is done that the community and the globe will come to appreciate the industry because they will have similar features that the conventional industry is used to, making the people easily relate to it, its a very good plan
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It shifts a lot it’s a debatable thing especially as new ASICS come out that affect older ASICS and that’s what really drives difficulty up and if bch fails a lot would move back to btc
With current market conditions I don't think any token mining will give profit. Crypto is the future, it's growing Baby juts needs to go through some more hiccup. No one knows the reason behind these dip market states for sure but am very hopeful that soon all these will be a thing of the past for a better experience the dip is not as a result of bad news i believe something is happening more like trying to stabilize the cryptocurrency for mass adoption, i believe bull run will soon ensue and we will all forget these moment I really don't buy the idea that's as a result of bad news, i mean, we've seen good news in the industry couple of days ago before the massive bloodbath, just like i stated earlier, i believe the market is being manipulated by the big boys in the game and they are yet to get the needed market price, we'll get to see some rise in price when they are done
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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. I like us to talk more on how to pick real good use case cryptos Rightfully placed, now is the best time to accumulate a lot of cryptos but its smarter when you accumulate great ones The crypto market is a very funny place and the high volatility is just unpredictable, even in this terrible market situation, some tokens are pumping like crazy, some are tokens with little of no user case, so one can't actually pinpoint a certain type of token or coin to invest and get the needed profit, its all about having the right token at the right time
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It’s good that they realize they really need to get as much attention as possible early word of mouth and a quality solid platform arewhat matter early on to drive things forward
yeah, they should ensure they get to a lot of people as much as possible, doing so will create a chain reaction that will ensure people get to know of the project and what it is all about i guess getting much people is not to worry about the team because their project is something that most of the investor will look up too. Soon the all the feature runs smoothly and find no error during those test all of the big investor will came in their platform to test it for themselves and if those feature impresses them they will recommend it to others too. I would have ta disagree. The hardest part is getting people to use the service. Investors will only look this way if there are users onboard otherwise it is a tough road getting users and convincing them to use your service or services. You're right, its quite easy with such when you have track records but when you don't, you need creativity and luck to get investors onboard and if it was last year, then it would have been easy but now, its a different ball game, its pretty tough, so extra effort is required to get things up and running, breed testimonies and the rest is history
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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
yeah, mass adoption is what cryptocurrency needs right now the question is when and how is that going to happen, the current state of the market is making it hard to convince new investors New investors not coming in due to the market right now may not be true, this is the best time to get into the market as prices are really down for the killing. Projects like Cova will inspire adoption no doubt, decentralization is the big deal of todays world They have got good names onboard and I think now the market is easy to access and less risky? especially with ETH; I mean last year around this time ETH was just about the same well a bit better but boomed afterwards. I am not sure if the same will happen this year I doubt but we will see. Yea, their reputation speaks for them and the concept that they have is not something that requires kid glove to handle or those without the proper knowledge, we are talking about creating an entirely new web protocol, not only that, they intend to make our data smart and getting people to use it, so its quite a tough challenge but rewarding if properly implemented
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i understand that this thread is about bitmax.io transaction and reverse mining which is somewhat different from what i see in other exchanges. Instead of simply deducting the transaction fees from placed orders, here they would deduct the transaction fees from the users but later distributes back the BTMX tokens with the same value as the transaction fees as an incentive to users trading on the platform which is a great concept. this was stated to be launched some days back, Has anyone tried it? how long would mining BTMX hold?
I don't think that the thread is strictly about transaction mining and reverse mining process but rather it has to do with everything concerning bitmax as a brand and yea, the generating of the tokens through the stated process is quite healthy for bitmax, it gives the token a purpose and not just all about buying and dumping like its the norm of the industry
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CryptoCurrency market is at the verge of breaking a new low. Whenever the market is on a ATL or ATH spree, crypto holders use exchange more. FOMO or FUD cause pressure on most exchanges. ONAM plans to be a top Exchange, and with these features they offer, there’s certainly going to be more pressure during these times. What’s ONAM Plan to take this pressure from so many users? Hopefully, they don’t shut down or limit registration like most Exchanges do
Firstly they are not operational yet so there is little they can do This is how I see it, by this time next year we won't have this much fall in value of cryptocurrency hopefully The Onam exchange is targetting users to become proficient in their trade so in time to come we should be seeing a reduced activity in stupid trades that's causing problem already in the blockchain I don’t think so buddy. Volume on trades comes with a bull run. Not with the lousy trading. With the features Onam offers, most people would want to use Onam and that could be so much than they could carry if they don’t step up. yeah right, we both saying same thing but in a different ways I am actually anticipating the release of the platform already so as to use her features which i believe will ease use of trade platforms The anticipation is quite high, any idea if they have stated anything about their MVP?, i've missed out a couple of days on their telegram, perhaps something new must have come up, its nice to see them working towards achieving their target even at this very bearish period, it will be nice if we'll get to see some serious greens before the year runs out
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I hope that we can see some major expansions over the next year and some major announcements on advertisers looking to take advantage of the directed advertising
For sure there will be a major expansions over the year if the project become successful here in the Philippines, both driver and the customer are win-win since both of them will get a token that can be exchange in other cryptocurrency. Also if it become successful, many companies outside the country that uses transportation vehicle including taxis, trains, etc will adopt it because of its feature. From your statement, i guess Philippines is your country and you sound pretty confident of such coming into your country, apologies if i'm mistaken but if yes, it will be nice if you give us like a glimpse of the transport system in your county and if you think that tachain will work in such area, though i've seen a positive feedback before but another will be good Yes dude, I'm from Philippines, I am really confident because transportation is needed here, and some taxis are overpricing when they were at their service but with tachain, overpricing will not happen, also , using this , we will get tachain coin that can be used to another tachain transportation service or exchange it with other cryptocurrency. Great, another person from the Philippines, it's nice that we have good number of Philippines here on this thread, as they will be the ones to give us firsthand testimonials of the platform when it fully launches. Yea and he made a solid point which is the problem of overpricing, so having a brand that will deliver low cost transportation service, with an additional benefit of providing an entertainment service in the form of advert and for the fact that its something that is needed in the area also makes much more sense, guess tachain did their homework pretty well At first it is hard to see the synergy between advertisements and transportation services, but there is indeed some synergy if you bring those things together in the right way. I don't get your point why it is hard to find a synergy between transport and advertising. When I first heard about Tachain and the idea to connect these two areas, it was logical. I thought, why not more projects follow the idea to combine this. Most of Taxis, planes, trains have screens where you can watch videos and ads. If most have it anyway as you say and it is a perceived standard by now, how do you consider this project innovative? I think is quiet innovative, though implementation matters a lot and i heard something about having a risk free investment option, it is stated that after the end of ICO you get your TCHN tokens to the provided ETH wallet and you get the option to exchange back the same amount of tokens into the same amount of ETH (or BTC) that you invested
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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 Yea, regulation is the way to go if the blockchain industry truly want to become stable,you know the industry was built on the belief of get rich quick syndrome, so when individuals stopped seeing that scenario of overnight wealth brought about by scammers, they withdrew their investment and some got seriously burnt, but now, the environment is getting cleanse
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Was already waiting for that update. They wrote that they have deployed their ERC-20 compliant token on testnet. So does this mean they are going to distribute the tokens from private sale and airdrop soon? i guess they should. on listing on huobi exchange, there investors should be able to trade that on the exchange, while interested people from restricted countries would hop in to get some COVA. its really a big week for COVA team. Bringing in two Professors from Harvard. yea its good move if they are right will be listing to huobi immediately but actually I was more hopeful if they could finish their product first before their tokens are on the market , I think of course that will create greater market demand two professors as advisors sound good, but investors need to know that they will not just look at the development a couple of times and go away for a longer period with us. this is the most important thing now and the continuation of development in full swing despite the fact that the market is falling. You're absolutely right, i have seen cases where they will just bring in advisers to sell the brand but i believe cova will not do such because according to one of their article, they need intellects to come into the brand and help paddle the affairs, its a very huge project that involves a lot and so far they have been receiving individuals and teams coming into the brand
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Guys anybody visited to their twitter? Recently they updated Biweekly report and Voting link for Cova listing on Huobi platform. Visit their twitter profile: https://twitter.com/covatokenWow, getting listed on Huobi is actually a big deal as that is one of the biggest exchange in crypto, with proper promotion, COVA should bag this competition home. If you look at the vote it seems COVA is a little bit behind. They have some really strong competition. However, as the popular saying goes, you need to beat the best to be the best. Hopefully, they can pull it back and get some more votes before the competition ends! yeah, winning is simply a factor of how much effort they are willing to put in i would advise them to do more in other to increase their chance of winning It can be down to popularity a lot of the time. COVA is a great project but I'm not sure they are quite at the level yet to compete with the other projects on the list. I would love them to win and get a listing on Huobi more than anything. But they have had a slow start. I agree, The project is just starting I think the real competition will going to start when they fully launched and have all the features that they need to take down the other projects. Cova has been around for some few months and they have been doing well to attract the attention of some notable brands, their concept is formidable enough to take on the challenge and their physical meetings has being going on for months, so they have all it takes to become successful, is just a matter of time and for the market situation to get better
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Hey there guys. Found your project serfing the web, just joined, can you clarify the main idea/concept please?
Greetings Velona! In few words, MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation without the need to buy, configure and maintain expensive mining equipment But there is much more they are bringing Oooh ok, this sounds promising. And what will be mined throughout their "platform"? Sorry for a little delay, had a meeting at office They will create a dedicated mining facility which focuses on mining multiple coins from within the top 50 by market cap to ensure a diverse range of revenue streams for customers to benefit from This sounds quite promising! And can you help me with a token structure, please? Of course, in case you are aware of it Yeah, sure! What exactly are you mostly interested in? Wondering about the total supply and softcap Thanks in advance There are 400,000,000 tokens available in total, from which 91% will be sold during the ICO And soft is $3,500,000! But I believe that with such an interesting idea softcap will be collected quite fast 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. I don't think that the blockchain industry will fail, rather it will get stronger once everything becomes stable, it plays on sentiments and individuals are still very sentimental about it, with every little dip leading to a massive sell block, while the strong hands keep getting their desired coins/tokens at very cheap rate, so i do believe that they can get investors, though it will take a while It will really takes a while for the blockchain to be stable like it to be used in 2018 t because of the market. Some experts says that it will happen in 2019 or 2020. Lets just look forward to the investor since the coins are so cheap for sure many of them ill buy their coins. No one can predict the future what if something happen Yea, such statements are mainly speculations, i barley listen to them these days and just stick to my decision, nowadays, technical analysis don't work on the market, rather its been manipulated by a selected few but the good thing is that good brands are now coming into the industry with viable products that will make the industry much more valuable
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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
Looks like there is no stopping. Market is continuously going down. The way falling, It looks like soon all Crypto will become zero . Not possible and not going to happen. The guys controlling the market know what they are doing. Its just part of a ploy to get enough crypto from the market at a cheaper rate before the pump begins. Yeah, Some big people or groups are manipulating the market now and they always win when they want to have more crypto at a cheaper price they will really going to make it down where most of the people will going to panic. It has always been the case with crypto given it is unregulated. There is much happening behind the scenes especially that exchange have large fund in their pools which makes manipulation quite easy. Not pointing figures just stating an opinion. I think that big people in the crypto world have plans that are different for cryptos now this year and next year they have not allowed to repeat the events last year and the first months of 2018. But may those they will help the crypto world that it will benefit all of us. It seems that we must learn about this situation so that last year's events did not occur this year, this makes us more able to learn so as not to panic. Team Tachain needs extra performance with the current conditions, hoping to be able to overcome a situation that is of concern. I really don't think that we should panic over the situation and just like i stated earlier, its really pathetic to see anyone sell at the moment because its a huge loss, the blockchain industry will come back stronger, much better and it will be bad to see people miss out when it happens, so we just have to stick around till things go back to normal
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Exchanges like ONAM would do well when the market comes back to life and gets bubbling. Although ONAM has come a long way, credits to the team and fans, they mustn't be discouraged by the current market volatility, but they should launch with all the features as promised. what is ONAM team promotional strategy for the current market?
Yea, they sure have nice features that will keep the community talking but at the moment, things are just not good for everyone, keeping the community alive at the moment should be their utmost priority till the dust settles, every project is affected by the situation so i'm pretty sure that the community will understand and come to terms with it
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Onam is a truly scalable and Innovative exchange that is ushering in a new era of MLK standardization in digital asset trading. I like the fact that Onam is placing an emphasis on adhering to compliance, security, and usability.
Let us see when usage start on the MVP I think that is when the real magic would happen. What you said is what is claimed. One thing I've notice about them is that they are taking compliance seriously even the mvp require a kyc. I spoke with team about MVP release I was told about the fact there is a cosmetic addition to the current MVP that's why there seem to be a delay I anticipate a very great product Thanks for the information. would be great if the team would post about that here. I understand there would be a few additions and that cool. i guess that is because the want the make sure they do it right. BTW is there a date for the release? Ya keeping the form updated would be good, but in all honestly MVP's getting delayed slightly isnt the end of the world nor is it a new thing we see this all the time the fact is development takes time and things can always come up last minute. Yea, just i like is stated earlier, the process of delaying such may create some sought of discomfort and send wrong signals to some individuals, its human nature to always question something with any slight change and if they don't get the proper information, they begin to spread fud across the community, so the team should endeavor to fix the process
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I hope they don't accrue too much lose as a result from the low trading fee. and also the bad market that is affecting the crypto community this year. I hope they do have a backup plan in place for any negative events.
There an exchange low fees aren't going to kill them its just a narrower market at fiat with the current conditions in the end i doubt even a new smaller exchange will have issues getting enough profit to sustain through the fees, but i'm sure they were aware of the possibility of more bearish market conditions Yea, i believe they are really confident, considering the fact that they launched their transaction mining and reverse mining process even in this present circumstance that we find ourselves, so they deserve to be commended on that, the blockchain industry has grown big enough to remain relevant and its a laughable situation to see people sell off their tokens
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