Looking at this project, it's modeled on Venmo, with the same design, but with its own erc-20 token.  There was a big run-up last week followed by a fast decline.  and part of the reason for that may have been just the usual pump that happens with new coins.  but also, the developers are crappy communicators.  they may be good software designers, but they suck at pr.  even coinmarketcap was confused about the coin supply.  and  a lot of people thought they were buying a 4million supply.  which immediately inflated to 20 million.  the website is confusing.  and the original whitepaper was crap.  i bought $50 worth at 17 cents before it spiked.  then i went out and had a fun night and forgot about it.  a day or two later i saw the aftermath of it all.  its not troubling to me.  i can only speak for myself.  i don't know what the price will do next.  remember though, Venmo is now owned by Paypal.  and this project is Venmo, but better.  and that's the vision, somewhere behind the terrible communication skills of the devs.  they're going to produce an app you can have on your phone to loan tokens.  and those tokens will be ELIX.  which is a solid use-case for the token and reason to want to buy it.  the app and the token work together. 

that said though, what if you loan someone ELIX, which they're probably going to use to speculate with, and they don't get the return they hoped for?  this eventually needs to be worked out.  but its the same with Venmo. 

people may or may not buy into Elixir.  But its got some of the things in place we want to see.  mainly, a token and app working together.  who ever likes Venmo might like a Elixir.  imagine Elixir in a big app store.  there's potential here.  whether you're invested or not.  but there needs to be a better white paper.  and more clarification on things like what happens when you don't get paid back.

What are the chances of living in a world with no actual money ? 

anybody here who knows how to read the graphs? please explain, there were green candles with huge volume a couple of days ago. now I am seeing red candles with much less volume, what does it mean? there were lots of buyers who pumped up the price, but now people are selling with less volume, but the price is still going down

60M in 10 years is low compared to others (SALT has double the total supply) and when the circulated coins are quickly increasing at the start it means that the maximum supply is significantly reduced (due to the algorithm in mining over time)
Smart Genesis holders will keep their batched for a while and the ones that bring it to the exchange right now will regret it later on since it will be worth a tenfold of its value in due time.
Besides, when the demand is as steady as it has been over the last week(s) the new coins won't have that much inflating effect only when there is some kind of organised dumping which is highly unlikely.
After a while the urgency for a quick buck will be replaced by the sense that holding has a much better financial perspective

 

Only if Elixir dev stop this systematic increase of TOTAL SUPPLY. 6m to 9m and now 12m. I have noticed how systematic increase have killed investor's desire in a token. Reliability is important in every business. Don't get greedy. You should concentrate in building a valuable token and not high quantity worthless token. I wonder why many devs don't get this fact that made Bitcoin what it is today.

Bittrex and Poloniex might be a bit too much for now, But Cryptopia, why not?

When does ELIX on the Cryptopia Bitrex Poionix exchanges?

Total supply growing fast the last days.
I hope some of them get dumped, I want some more Elix at 1000 sat or below.

Regardless of the updates on the new ELIX mobile lending app in a few days, there's an interesting coin dynamic happening within the trading environment on CoinExchange.io which is cooling off after some good trading success during end of August and through September 2017.  

It's Bitquence BQX, at time of writing on CoinExchange it's value is 16200+ approx Satoshis and cooling down from 6th Position Top 10 Volume.

If you look at the trade volume and activity of BQX around the 7 August 2017, it was hovering around 1500 sats or similar to the value ELIX is now (around 1300 sats) before it went parabolic to mid 20k's with a much, much larger circulating supply and total supply than ELIX.

Circulating supply is 71M approx, with a Total Supply of 222M.

It doesn't matter how good a coin is with its platform or features, all coins have to correct and cool down for a while after hard trading.

Elix with a low circulating supply and total supply by comparison and is only just warming up through what may be a growing Month of initial introduction activity on CoinExchange.IO.

I think traders will take a serious look at the low price and supply of ELIX over the next 7-days if ELIX volume remains stable above 15btc - 20btc daily.

+1
The way the team interacts with community is way beyond what I have experienced at other coins.
Considering ELIX has been dropped for free it's a huge accomplishment already to bring it at this stage with the first big deliverables set for Q4 2017. The current exchange rate is based on pure speculation but this will stop once the real development is presented and additional exchanges are unlocked.
IMO it's good to stack your bags high enough now before it takes off it never gets back at the current price level