Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Margin Trading in a Crypto exchnge will be good to see! And being able trade mafgin trade COVA will really help its community real happy! COVA is doing good in exchanges though! That’s good to know. Margin trading is quite a risk trade. You could lose so much and that’s the reason for the caution note on most exchanges when you attempt. |
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I must say, I haven't heard of Bitgur so far so I am a bit surprised COVA got listed there. What is this site exactly? Is it something like coinmarketcap or Blockfolio? Same here. Looks like a new review site or exchange. I don't know. I guess one would have to read the news to find out more information about them. You can find COVALENT on almost every review site. Bitgur gives details on cryptocurrency market price index, performance report, heat maps, charts, live stream prices and other trading data for every listed token. Cova have much to gain listed there. |
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I know for sure that China is currently observing their national holiday this month of January
Did that also affects Cova operations?
This is a very smart question, I don't know for a fact if it will affect operations, but thinking like every entrepreneur should, I don't think any celebration should affect any ongoing project especially long holidays like that of the Chinese Actually they haven't been quite active recently which tells a lot I really want to know the current update as against whats obtained now I noticed that too, they weren’t posting for a while though but I noticed Cova posted a biweekly update recently. Maybe you should checkout their twitter page. Yeah, they recently posted bi-weekly report but that is just it before that they technically posted nothing I would really advice the team to do more participate Yeah, I guess everyone is technically waiting for them to share something for some time now, but then again it is thought that this is as a result of the Chinese holiday but nobody has the accurate reason as to why they've been quiet. There’s a time for everything. I guess it’s time for the team to concentrate on getting the internet protocol ready for launch. It’s the basis for more token value and the core of the project. |
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Covalent has a very low token supply. Just 1.1 billion. Also, team tokens are locked. That’s impressive of the team. Any dump in price isn’t from the team. But the community that’s the reason why the value is quite stable.
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In all honesty trying to time things based on holidays and such is silly it's not how to make good longterm money, especially in crypto as i've seen some things that are opposite of what makes sense, like a network getting hacked and price rising the next day, go with projects that have good longterm potential
I don’t think so. It does. More especially CryptoCurrencies like btc which are decentralized. News, government policies and speculations affect it. No one want to be left out. FOMO and FUD cost me a lot last year. But I think adoption of the technology behind every token would keep in check huge price drop in a little time. I’ll expect CryptoCurrencies to get stable in few more years. |
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I know for sure that China is currently observing their national holiday this month of January
Did that also affects Cova operations?
This is a very smart question, I don't know for a fact if it will affect operations, but thinking like every entrepreneur should, I don't think any celebration should affect any ongoing project especially long holidays like that of the Chinese Chinese holidays always has a way of influencing crypto market. But I think the market is getting used to it. I’ll expect a little bit shift in COVA price but progress on the internet protocol shouldn’t be affected. |
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Glad to see the price of Cova has recovered. Today among the Top 20 Biggest Gainers of the day on CMC.
Now probably all of them have sold their Airdrop tokens. Soon there will be no cheap tokens anymore:-)
I was actually surprised knowing that; I was away for the holidays and before leaving it wasn't doing that well; It is great that they managed to recover properly. Hope this sticks. They promised lots of surprises this year, and getting top of CMC chart was one. I think Covalent team would need more time in getting the full product launched this year. It’s a vital project that would change the way we live. I’ll expect they take it slowly but steady. |
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The internet has no limits. It keeps improving when new technology are adopted. Covalent would bring in Blockchain technology into the internet to make data transactions safe and secure. What’s the limit to this?
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can this project be successful, I see a lot of gambling platforms that failed when ico. the average of them does not reach the softcap. so I know this year the gambling concept project can still get investors.
I think you posted on a wrong thread. Covalent is a project about data and it’s use as capital. They want to creat an infrastructure where data can be traded and where tha original owner still got control over personal data. |
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Mining is usually the most tedious thing to do, but with Whalesburg, mining is made easy on a user friendly environment, in fact it's worth a try. Seems to have different things, not a bad idea to start mining from here again.
I got a problem with these new mining projects. Although they have a low chance of getting it right and been successful but the scam rate from these projects is overwhelming. But I’ll consider projects with best chance of being successful. First, there needs to be a good team, feasible whitepaper and financial partners. All these I can find in just one project; Neuroneum.io Neuroneum sales of computing power project which can be used for mining, has gotten a lot of attention lately. I think that because the project uses a different model to solve mining issues. Plus they got an amazing team. |
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Data is the most vital assets in the world has gotten more attraction than oil. But there’s no infrastructure to control access to data and to make this vital asset a capital. Covalent protocol could be the best option for data exchange. |
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Yes and blaming an airdrop to destroy the price is the wrong way to think about it. If you create enough demand an airdrop shouldn't do much at all.
Airdrop participants did not actually receive much and only a few got the tokens too and mostly from the bitmax listing candy airdrop and I doubt if it will be able to dump the price. although there were only a few Airdrop tokens, the price went down. That surprises me. Did Private Sale participants sell their bonus tokens? That would surprise me, but in times like these everything seems to be sold immediately:-) yeah, given the current situation of the market i expect a lot of people to behave in this manner but as time goes on the market will recover and a lot of investors will understand the importance of COVA I think we are beginning to see some improvements in the market. Hopefully this year will be a good year for the crypto community. Yea. Ethereum still struggling to break through the $150 resistance though... And it's finding a good support at $130. Hopefully we will be able to go beyond the $150 mark and over $200 soon... I heard someone say btc is still expected to do a $2700 before going for $15000. What's your take on that?? I think we are in a new year with more possibilities for crypto pumps. We just survived over 12 months bearish market and altcoins recovery and adoption could mean new ATH for crypto market. |
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True. Data is key for COVA. Very interesting article. Thanks for sharing it here. Are they going to sell their tokens or not? there was only a private sale, there was no public sale. but you can already buy huobi and bitmax tokens. The prices are still very interesting at the moment, you should have a look at it Considering cova is a good and strong project I would like to think that this would still be a good time to get my hands on the token. You could earn cova tokens from BitMax.io airdrop. Also, it’s listed on huobi and BitMax, trading a bit higher by volume and worth on BitMax. Huobi is a bit lower. I think it’s at its lowest atm. Whales trying to get in. |
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Thanks for sharing. Never knew there were a lot of people still interested in making profits from mining. Neuroneum mining model may be a solution to the high costs of mining. Can’t deny that a lot more people sold off when mining cost went up and btc price fell few months back. With Neuroneum model of using a decentralized computing power for any cloud service including mining, there maybe a boom again. |
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Data makes the internet smarter. A large percentage of data is locked up due to privacy issues. With Covalent smart internet protocol, users would have control over personal data after access has been granted.
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Im reading clowdmining all the time. But this isnt clowdmining. I mean there is no central hardware for wich you have to pay high fees. Its decentral and therefore you pay much less than for other companies.
It’s a thread about cloud mining and Neuroneum is project that offers a decentralized cloud computing and crypto-mining technology where anyone can earn massive rewards. |
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I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?
I am suspecting they will generate money when their protocol is used since it's a cryptocurrency platform I expect them to generate fund from mining as well I had no idea there was cova mining. If cova tokens would be mined , it won’t be profitable as compared to btc or eth. Btw I asked on Cova telegram group chat, got no reply. But I read on cova whitepaper about a data marketplace where cova tokens would be used for secure transactions in the data market. |
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Different cloud mining suggestions on this thread. But one seems to stand out. I’m open to suggestions anytime on s better investment options, but what makes my early investment in Neuroneum a wise decision?
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I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?
That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token? Yes it sure is a good Question. Covalent isn’t just about an internet protocol (COVA://). Although this makes the structure on which a secure data marketplace could be created. $COVA would be used for all Transactions on Covalent data marketplace. I hope this helped. |
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Crypto is gaining more attention from every industry. To keep transactions secure there must be miners. Although, cloud mining may have been tagged with scams in the past, the only reason we see a growing adoption of crypto is because there are still cloud mining projects that make gain using a different model to make cost of mining low. One of these is Neuroneum.io
From what I understand, this Neuroneum that you guys are talking about isn't exactly a cloud mining project? It's more a cloud computing project like golem or elastic? Finally someone understands. Neuroneum isn’t about cloud mining. That’s the reason I find it interesting. It proposes computing power that can be hired at a low cost. Also, this power can be used for mining. |
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