Market cap reached new low now. For now there is no hope that it will recover in 2018. Negative news keep coming and taking market to new low.
Many bad or negative news are now spreading because the market keep going down and turning red, but for me this kind of happening is normal in crypto world and it's good that different events occur each year as well as the nature of the crypto that we will not always have never been able to predict the events. Cryptomarket is still young and will take time to become mature. Till that time it will keep fluctuating, but it this gives opportunity to buy tokens at lower rate. This is hard time for many people. Almost 70-80% people joined Cryptomarket after last year's bull run. So first time they are seeing something like this. Exactly, I can only imagine how those people will be feeling now. I also really don't know the plans of the market, if it will project forward or backward but one truth is that this has greatly affected crypto projects and ICOs. Crypto just need more years to stabilize, for folks who invested hugely when bitcoin was at around $20,000 my advice is just hodl for couple of years. We all know there's going to be bull run but exactly when seem to be the case. Yea, its really a pathetic situation but just like you stated, something good will definitely come up in the future, the year is almost over and hopefully we will get to experience some positive changes next year, considering the fact that good news are coming out of the industry even in this critical period, i just believe that the industry is being manipulated |
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Right now BTC confirmation is not smooth due to the fact that BTC is trading below the cost of mining and electricity, what do you do in this situation? How do you manage this?
Yea, that's a good question and i will also love to know how they intend to battle with such, not to mention the high volatility of the cryptocurrency market,what happens to the profit revenue when the market goes below as we are experiencing?, i remember a friend of mine stating that he spent hours online before he could get a confirmation from his transaction |
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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. Yea,just like you stated, popularity matters a lot in this kind of thing, many don't actually look at what the project is all about but to vote for their favorite token to get listed, it can be pretty tough and i do wish that such is not done that way but at the end, its all part of the fun of the blockchain industry, hope to see them make it to the top |
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Yeah, I'm also curious about it, If they will going to change the HTTPS then what will going to happen to it? They will going to replace it or it will going to be part of them also? I think now it's hard to think about it  I hope that https will not be replaced that way. The security features of https are very important and should be implemented. I have no idea how this works technically, but Cova will find a solution for it Is there any issue with cova replacing https, if it has better features and seems to be more secured than https then it should not be a problem. In technology we have to grow everyday and if cova is better then i would let it replace https. I agree, If Cova will really going to be better than HTTPs in terms of the securities and protections then there's really no reason not to use it. We adopted the HTTPS before I think it will be the same with the COVA if ever it happen. Yea, just like i stated, its all about getting positive reviews from users and the rest is history, i understand that's difficult to get people to change from what they've known for years to a new process but the fact still remains that change is a constant thing, so the cova team should continue with the implementation process and with time, they will excel |
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I really hope we see some real announcements about some companies jumping into the project publically we really need to see some actual names acknoledging the project especially from the advertiser channel side of things.
True actually! Community needs to prepare themselves as well before they jumps right into the product! This No Updates is not helping with this amazjng communit! I am not sure but I think they already have some partner companies with them which is about them tachain team still discussed anything here? They do have a lot of potential partner in mind and they discuss about them noe and then in their Twitter channel! But i dont thing they finalised anything on that just yet! Yea but what the community will love to see is the partnership of authentic partners, just like i have been stating, tachain need to work more in the building of their brand rather than partnership at the moment, its only when a brand is doing well or has shown the specific partners the potentials that they possess before we will get to something tangible |
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What’s with crypto market today?
Bitmax.io transmining and reverse mining launched today could help investors buy up more of the dumping tokens.
The first few hours after their launch of the reverse and transaction mining they had a volume of over 100 million usd. Which is very impressive for a new exchange. That's a good sign that they can become the best. It will be interesting if they can sustain this massive volume. I guess most of it came from the introduction of the transaction mining and reverse-mining so now they have to bind the users to their exchange. Yea, i had the feeling that such will happen and the community out of curiosity will want to know what the whole thing is all about, that's a really an impressive statistics and honestly i will love to see them become a tough contender for all the monopolistic exchange out there that has being treating the niche like their own, a healthy competition is what we need |
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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 I don't mind the small delay. Did they mention when it's going to be released exactly? A few cosmetic additions sound like it should be anytime soon. a good project is not in a rush in every process, they ensure all remain good and there are no errors, and make it perfect before the launch. So it doesn't matter if it has to be put off as long as it will make things better. You're right, though the community sometimes misinterpret such like something bad has happened, so proper communication need to given by the team to the community to make them actually understand why things need to be postponed or put on hold, even though they meant to release the MVP by month end, so lets just give them sometime for proper analysis of the situation and feedback |
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Hi! Everyone. I can see you're trying to cooperate with SEC in order to have the proper license to work with US residents. My question is, how about EU residents?
You'll get a swift reply if you visit their telegram group, they're much more active their that the way they're here. I believe they are but like you said the best way always seems to be via telegram they have been much more active there than anywhere else and very excited to help I noticed same, it’s always easy to get instant response for questions or queries from their telegram channel. The moderators are quick to answer. I must say that their telegram moderators are among the fastest I've seen, it's almost as if they don't sleep with the swift way in which they answer questions. Yeah, it seems like every time I check a Telegram admin is online patiently answering questions or discussing with the community about this and that. It's refreshing to see such a vital discussion. I can only agree with that. The Telegram Team is really one of the fastest support teams in the crypto business. Every question will be answered immediately. Even the CEO is answering all questions. Yea, i remember asking them something that has to so with customer support and one of the admins what's like, even when customers with issues beocme much, the CEO will take on the position of a customer support officer, though it was funny but it portrayed relentless they are in their quest of becoming a known exchange in the blockchain community |
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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 |
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Message from our CEO.
"We are officially in the final stages of security audit of the MVP/BETA of ONAM Exchange. If everything goes well we should be live in just a few hours."
"MVP was originally meant to be released at the end of November and only showcase UI and Matching engine, but we decided to step it up and technically will be releasing the Beta version of the Crypto to Crypto trading of the platform."
"I am humbled by the support of our community and investors. Over $1.25M raised in the last 45 days and countless partnerships secured. Thank you."
Keep an eye on onam.io
Big things are coming.
Thanks for your reply. Always nice to hear someone from the team stepping by in BCT. Is the $1.25M raised the total number or are there still open/pending transactions that are not calculated yet? That would mean you raised around 50% of your softcap, right? That would be a really low softCap. It’s unlike most projects that set a high softCap and wouldn’t reach it. Btw, a few more extra days for the beta version of the app isn’t a bad idea. Hopefully, the release of your app helps INAM to reach the hardcap and probably build more partnerships. I will personally applaud any project who manages to get to soft cap let alone hard cap in this bearish market. If Onam has claimed to raised above half of the cap, I think it's impressive. All the same, I am on the look out to see how this unfolds finally I share same sentiment, like i said. It's not easy for projects in this bearish market. The interesting thing is that so many projects keeps springing up by the minute It's tough work raising funds in this market, my question is if the value of BTC, ETH, etc. continues to fall, will ONAM need to raise their softcap? Especially as it is linked to fiat. Yea, hard times, that's same question that every other project is facing at the moment and some have actually paused all activities, its quite tough for viable projects to succeed at the moment and its actually surprising that the market it dipping seriously with the good news emanating form the industry, seems like the whales are trying to do something funny |
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I hope the project can be successful I think this kind of roll out could really be what makes crypto use cases more visible in day to day advertising tied into crypto with micropayments just seems to make so much sense
Everything is going slow at this moment, market is slow, ICO subscription is also slow and that why it's delaying project deployment also. Hope 2019 would be better. Agree on you brother. Everything that happened this past days affect many project, including different business, projects, cryptocurrencies and market. We just need to wait and hope for the end of the year, and if nothing happens , we need to wait for the 2019. Tachain must show that market doesn't really effect their project. Yeah, I think they are not really afraid about the current market situation. For now let's not think about the market prices instead lets keep monitoring different good project that will bring some good outcome for us on the next run. I think now is the period that brands need to build their product/services, even though the market is on a very annoying range at the moment, it does not mean that they should pause their activities because it will be difficult for them to catch up when things spring up,so they should keep the community talking via their marketing processes and meetups I agree with you. Fortunately they are not accepting investment in only Crypto currencies. They are allowing to use FIAt money for investment. And another thing that they should be up to date on their twitter also. I must have missed that part, never knew that they are accepting fiat and not in crypto, that was a smart move though, at least for now till the market becomes much more vibrant, the whole place is quite low but i believe that things will soon balance up, ETF dropped some good news and then some other ones coming up from other quarters a couple of days back, so lets watch |
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Yeah, I'm also curious about it, If they will going to change the HTTPS then what will going to happen to it? They will going to replace it or it will going to be part of them also? I think now it's hard to think about it I hope that https will not be replaced that way. The security features of https are very important and should be implemented. I have no idea how this works technically, but Cova will find a solution for it I think cova is trying to set up an entirely new web protocol and by that it means, like having their own programming language and network infrastructure, so its like a total removal of the https protocol, though i believe https will still be running but cova network will be doing their thing, its now left for users to decide on which network they intend to operate |
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wow, Just saw the websites and it's really looks good and found some great informations about the project. I thought the pre sale is already closed last Oct 31? Or you guys adjusted it?
As far as I see pre-sale already ended and moving forward with main sales. However I don't know whether the softcap had already been achieved. I am curious to know about that. So basically this project is all about mining, the industry has been known to be challenging, is the team ready to take up the challenge head on?, i'm yet to dig deeper on the brand but i hope they got what it takes to handle the issues that plagues the niche, such as power and its quite capital intensive to get such up and running |
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No wonder this platform have a good investor/supporters at the very early stage almost a day they already raised million.Soon the softcap will meet in no time, no doubt for the team are so blessed to have supporters due to their good proposal as the platform is fully develop. They are in there final stage of of security audit of the MVP/BETA of ONAM lets wait for the good news by the team soon. Yea, i'm eager to see what that have install for the community, probably we'll get to find out in a few hours, no stipulated time yet, as they are still putting finishing touches, saw their sales bar today and its good to know that they have sold pretty much and generated up to 20 million dollars if i'm not mistaken, so lets see if the MVP will help boost the sales Was just over with the team in Telegram and the mvp will coming out later today. You need to KYC for it though. It might be a barrier for some but we will see when it comes to life. The KYC will surely be a hindrance to many, it would have been nice if they let go of the KYC at the moment but i guess the collected data of the users will remain hence the need for the process but at the moment, it appears that there's no news yet about the launch of the MVP or probably it will come much later, i will need to head on to their telegram group to verify |
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I hope the project can be successful I think this kind of roll out could really be what makes crypto use cases more visible in day to day advertising tied into crypto with micropayments just seems to make so much sense
Everything is going slow at this moment, market is slow, ICO subscription is also slow and that why it's delaying project deployment also. Hope 2019 would be better. Agree on you brother. Everything that happened this past days affect many project, including different business, projects, cryptocurrencies and market. We just need to wait and hope for the end of the year, and if nothing happens , we need to wait for the 2019. Tachain must show that market doesn't really effect their project. Yeah, I think they are not really afraid about the current market situation. For now let's not think about the market prices instead lets keep monitoring different good project that will bring some good outcome for us on the next run. I think now is the period that brands need to build their product/services, even though the market is on a very annoying range at the moment, it does not mean that they should pause their activities because it will be difficult for them to catch up when things spring up,so they should keep the community talking via their marketing processes and meetups |
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Covalent protocols when done would limit access of 3rd party to internet users personal data. That would keep users in control of their data.
I think that’s really nice. What else do you think Covalent smart internet could offer internet users. ?
I have to admit. For me, it's still a bit abstract or quite hard to imagine how their new Internet protocol will work in practice. But their approach to stopping data abuse is their most important selling point if you ask me. I think there was a video about how it all works. It is practically just replacing the conventional https:// with COVA:// and all data will be protected. I like that about exchanging our common or regular https with cova and we will know that we are really using the cova features and services. We will know more about it soon I guess once they release more updates about it. I am honestly mostly interested in the adoption part; I mean how will the current or existing application adopt the protocol; would it be straight forward or it would require a special kind of setup. I believe the migration will be a gradual process, its not something that individuals will quickly accept, it will take sometime and just like i mentioned earlier, the good reviews that users will drop is the key ingredient to the global acceptance of the new protocol that cova intends to introduce, i'm intrigued to actually experience how they intend to achieve their target |
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I just made a quick comparison of their new withdrawal fees with the ones of Binance. While they both have the same fees for BTC and LTC, the withdrawal fees for ETH of BitMax are now way lower than the ones from Binance (0.0025 ETH compared to 0.01 ETH) I think bitmax has what it takes to go toe to toe with binance, their features are quite creative and about the transaction mining and REVERSE-MINING, has anyone find out the latest?, i mean if it was successful and all that because i believe such was introduced yesterday, this is one of the key concept of the brand that will really impress traders |
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No wonder this platform have a good investor/supporters at the very early stage almost a day they already raised million.Soon the softcap will meet in no time, no doubt for the team are so blessed to have supporters due to their good proposal as the platform is fully develop. They are in there final stage of of security audit of the MVP/BETA of ONAM lets wait for the good news by the team soon. Yea, i'm eager to see what that have install for the community, probably we'll get to find out in a few hours, no stipulated time yet, as they are still putting finishing touches, saw their sales bar today and its good to know that they have sold pretty much and generated up to 20 million dollars if i'm not mistaken, so lets see if the MVP will help boost the sales |
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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. Well i think is not that hard, i mean, people travel every and move about everyday, in that little period of serenity, products or services can be sold to the customer in the form of advertisement, i believe most of us most have experience a scenario whereby goods/products are sold to individuals in a traffic jam and all that, so this is like an innovative aspect of such |
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Are there any other projects that have the same or similar idea as Cova?
I know of Datum, for example, but they have a totally different approach to bring back control over their data to users if I remember correctly (so no real competitor).
I don’t think they’ve any strong competition, their idea is unique to start with, I see them doing very well in time to come. There are no competition yet. Some similarity with some dataprivacy projects like DATUM, but COVA PROTOCOL is not just about data privacy. But I think COVA smart protocol would make a smart internet from user data this time with the permission of users DATUM is all about gathering dataset while cova wants to create a new internet protocol based on smart contract. COVA wants to make the internet smarter while DATUM wants to bring about easy access to data I think they are working two different platforms that are not necessarily competition. Cova can be thought of both as a utility and as a marketplace. I don't have much details about datum but from the initial reading Cova has the policy as a plus. I believe i once saw a writeup about Cova having to offer something like a marketplace and like you said, don't no more of datum but cova seems more like a collection of everything, how do i mean?, the internet protocol that they will be offering tends to be a platform where every entity on the internet can utilize in order to stay safe |
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