Talk about a way to assure the community that they're doing exactly what they said they'll do. Could remember few days back when few interested parties suggested they keep the biweekly updates coming through, I'm glad they listened It’s always nice to come across weekly updates of a project, it shows how transparent and hardworking they are. Cova team ensures the community stays updated with recent happenings I admire the teams effort. Yeah it does. Also it keeps investors aware when to invest more in a project. Time is gone when you just have to launch a project and wait for investors to come running in. Hopefully we see news of full launch of project soon. |
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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. Exactly. Right now the only thing that this massive decline in value for all crypto brings, is that ONAM is getting farther and farther away from reaching their softcap. Hopefully, they can reach it in the end. Actually, it should now be much easier to reach the softcap. The price of tokens seems to be tied to ETH and BTC. At the moment, you get a lot more tokens for Fiat, if you buy ETH or BTC first: 1 ETH = ~2,875 ONAM, 1 BTC = ~81,250 ONAM Thanks Faulerwilli. You did a great job with the math there. That’s the advantage of a bear market. It’s the best time to invest. Now you could get more tokens for your dollar. This is because the price has been tagged with eth. |
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i know of a few mining facility, a bit older with a strategy to make profits while maintaining farm. securix would prefer to make payout passive and monthly with an already set 45% of profit to be distributed to holders of securix token.
how transparent would securix be?
At the end of each month, the number of bitcoins have been mined will be shown in the Mega Vault wallet app. These bitcoins will be changed to Ethereum and will be distributed through the smart contract. Yeah that will be the process of their mining services or contract to their investors, Every month they will going to send the shares of their investors via Eth. earning monthly sounds awesome most especially when ETH is high, i believe securix will catch a lot of investors once they go online, i will be one of those investors You are right mate. You will earn a nice additional income with Securix. All you must do is store your SRXIO Tokens in your wallet and receive your monthly share. That’s sounds like what I need atm. You could get more SRXIO and take a trip to the Bahamas. While you would keep getting passive payments from Securix. |
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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. |
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most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?
I agree with it, They must really have some transparent plan for their investors. It will going to help them also to get some people or possible investors attention that might join the project. I don't see any percent of revenue sharing mentioned, but I have not checked all the documents as of now. If I see any such information, I will update here. They would give 75% of mined tokens converted to eth and distributed to all holders of minedBlock. It’s stared on the website. That would mean they would hold 25% of mined tokens. How about maintainance of the facility? And electricity? Would 25% of mined tokens always be able to pay for that? |
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I have seen an appealing number of promotions from BitMax team, sweepstakes, ambassador programs and now, BTMX mining. They seem to be doing really well on promotions. With the price of btc being more volatile by the day, one needs to step in and make more promotions not minding the market.
Also, I think it’s tome to make more swing trades with your tokens using BitMax exchange because what a low trading fee they give!!!
Yea, I must say that the Bitmax team is doing excellently well in promotions, even on twitter, their promotions are very active and top notch. The low trading fees also give them an advantage in these times. Their level of activity has been kind of appreciating in some of their channels. I will give them that. They've done way better than what I see with some projects. I saw a tweet which shows bitmax yeam would be attending a conference soon somewhere in Shanghai. It would be a rare opportunity for bitmax community and fans to get to meet the team and find out more about bitmax just launched reverse mining. |
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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.
People does not want to talk about it anymore, they are already in panic this year and I think they get used to it. What's good to discuss is when the price will back up and we will see pending tokens and coins now to be listed, this means party for all of us here. It’s time to change the drift, the use case or the function of the project. When Securix project is fully launched then we should see a drift from the listing profits to its real use. |
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It will be like paper trading at Onam exchange once MVP is available? That's why they decided to allow members with KYC compliance only?
Paper Trading is not a real trading. You experiment with "play money". And since there is no real money in the game, I would not understand the KYC. But if we can do real trades on the MVP, then a KYC would be logical Paper trading feature available on Onam? That’s would be great. But the KYC process should be scrapped out. I don’t see a need for that. It’s just a way to learn to trade, and it would help noobs to learn and maybe sometime actually trade. |
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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/covatokenThanks for reminding with their social media Channel! Just went through their Bi weekly report and this is pretty grrat to learn about their so far! Getting listed on Huobi will be a good step forward for them, I just hope they get the required votes so Cova can get picked. Biweekly report shows lots of progress. Voting started few days back. I found out about huobi voting yesterday and COVA project already got some votes already. I guess they should be a few votes away from getting listed. Let’s go on huobi and vote for your best Project, COVA. |
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It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.
You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early. I think the team should keep up with the reply, while I get all the details. |
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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. Well that would be interesting to see a blockchain project being adopted As web protocol! Its should be pretty awesome if that happens!! That would be good for Blockchain, if it is used the create a more secure and smart internet. COVA project is unique, it’s not all about the listing profit( although they are getting listed on huobi soon when they win the voting) but about the use of COVA protocol. |
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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. When would the mvp be out? Team ANN that the MVP would be delayed for a few hours, and a beta version would be released. But I think the time is up. But no news on the MVP. |
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With BTC below 5000USD, what’s happens when mining kicks off and we are below or within this price range?
Would it be profitable to invest in mining while BTC is below 5000USD?
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I see MinedBlock will be setting up a Minning Facility from the Money they Rise from ICO.
So what's in it there for a Investor for investing in your exchange ?
they have a good idea. although we have seen a lot of mining projects fall this year due to the inability to raise funds and maintain their facilities.I would advice them to also look for private investors to invest in the project. that way they will be safe. I just come to know about this project and going through the details now. At this moment I don't have idea about tokens holders benefits. If anyone knows this then please let us know. Token holders would benefit from 75% of total tokens mined monthly. Mined tokens would be converted to ETH and distributed to MINEDBLOCK Token holders. I guess the more you hold, the more ETH you would get monthly. |
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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.
They didn't list much tokens in their platform besides the dip ain't affecting all cryptos I haven't check the percentage loss on zilliqa on the platform but I agree this is the time to even buy more ETH corrected 90% now, from 1300+ to 129 USD. This looks very bad but might be best chance to buy good quality tokens. I thought as much. Eth and some other top tokens are really low within the last 24hrs. We could get more coins while it’s in the dip. Bitmax.io low trading fee and reverse mining would help out b |
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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. Replacing the most secure web on the internet would require advanced technology and would take time. I don’t know if COVA testnet would come up as promised but that would be great. There’s a list for COVA tokens on HUOBI. go vote em in. |
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Right now private investors are threatened, the market looks manipulated, some set of small individuals manipulating the whole market doesn't speak too well of the future of cryptocurrency
Right moment will come and everything will be as usual very soon. How much downwards we will see in the market. We are approaching the bottom I think. Securix will do better when the market turns up. I don't think we have seen the bottom yet, market still have a lot of dip to carry out I am patiently waiting for a trend reversal, its so important now for sanity sake Lol, sanity Sake. It’s going crazy on CMC. But I think we would see a reversal very soon. Btw if we don’t see a reversal, what’s Securix plan for the furst payments? |
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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.
KYC for the MVP? I see that for the first time. Or is the version already so far that we can carry out actual trades? Because only then would I understand a KYC. But now I'm just waiting for the release of the MVP, let's see how strict the KYC is KYC shouldn’t be a problem you don’t have to be afraid. But when you come from a restricted country then that’s a problem. Either way, you’ll have to do KYC on the Exchange to trade or withdraw your tokens. All I ask for is a quick and easy KYC procedure. |
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I’ve noticed that more and more 2018 seems to be the year more serious projects deal with private investments a lot more than they are getting on public ico side which I guess is just where the industry is at
i believe most of all those project actually feels that private investors would make more impact to a project than public investment and when you look at it you would discover its true. How does the team feel about the current market conditions. Really hope they get the opportunity to shine and show what a good mining operation can look like It must be very worrying, I knew we were going to have another bear market before the end of this year but it's been very disappointing, I just hope projects like Securix stay positive. I guess it’s time for most Blockchain based projects to stay independent of bitcoin or other leader coins value. Projects like Securix should lead the way. They got real use that could be promoted to determine the market value of each token and not bitcoins. These are utility coins. |
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Guy's, why GitHub direct link is not working from covalent.ai? It's still showing error 404 page not found. Is there any kind of changes going on covalent site?
yeah, i have also experienced such problem and i believe have probably not included the link to their page or they are up to something big, nobody knows That is very important actually, the first page that people visit when they find out about a new project is the official project website. Github is critical to the COVA project as a lot of information is stored on there. The team in charge of the website should get this fixed. I don’t think COVA team have been no this thread in a while. Would be great if someone pop in on the telegram group chat and inform the team. Project team should always read up on their social handles and Accounts. Find out discussions on the thread and reply questions. |
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