What is OTC exactly?
OTC stands for “over the counter,” meaning assets can be traded through a dealer network rather than over an exchange. Why go after the OTC market only, why not build a normal Dex exchange alongside it giving it more liquidity? Good question. High volume deal can’t be done by the exchange because of price slippage and low liquidity. Imagine that you want to buy 1000 BTC now on Binance. The rate will be much more than on CMC now. (and I think liquidity is not enough even on Binance) That’s why people are connected directly for making high volumes deals. Do you think it is safer to buy assets on your platform rather than on exchange? |
|
|
|
What is OTC exactly?
OTC stands for “over the counter,” meaning assets can be traded through a dealer network rather than over an exchange. Why go after the OTC market only, why not build a normal Dex exchange alongside it giving it more liquidity? |
|
|
|
Hey all,
wanted to open a discussion about a small cap projects I am a huge supporter of: MyWish. Here's a a few metrics about MyWish:
* Market cap is under US$2 million
* Each token is valued at about $0.09
* Tokens traded for over $3 at peak
Now, as for the project itself:
MyWish is a smart contract market place. Users can pay with MyWish (and for certain contracts, ETH as will) to create any of 10 smart contracts across three blockchains: ETH, NEO, BTC (soon EOS as well). This marketplace is live, and it's the only project to offer something like this (others still in development)
Days ago, they launched their airdrop contract, which automatically handles airdrops for projects, something virtually all projects use. Utilization of MyWish can reduce gas fees by up to 30%. Again, the ONLY project to offer such a service. They also offer a crowdsale and token creation contract, which means anyone can create their own ICO entirely through MyWish. So far, over 1,300 smart contracts have been created through MyWish. At recent conferences, 10 projects indicated they would be operating their ICO through with MyWish contracts, and many more indicated they will be using the airdrop contracts.
What makes MyWish different from other projects is the team always hits deadlines. They've never "re-calculated" their roadmap. They've simply hit every single deadline they've placed. We're talking dozens of developments without hiccup.
Now, what's exciting is MyWish has indicated they are in communication with Huobi Pro and another top 10 exchange for listing. Currently, MyWish volume is very low due to it only being traded on Cryptopia, which has its own issues. The bear market + lack of exchange has crippled the price, but when MyWish is listed on a major exchange, I think the sky's the limit.
What do you guys think? I think MyWish is criminally undervalued. Do you agree, or do you have any reasoning to explain why I am wrong?
The problem with such projects is that they may not grow, never. It seems to me that in such projects it is necessary to enter with small amounts and not to invest the last money. But thanks for sharing, i will watch. Why do you think that this project will not be able to grow? |
|
|
|
I hope this plan will be success and can be reached the hard cap of ICO!
Maan, you missed something! MyWish have reached the hard cap during ico!! |
|
|
|
I think that Bounty hunters should be very thankful for this opportunity to earn some tokens for "Free" and do not complain all the time,
We don't complain,dude. Many of earned tokens are still not listed on exchange.  |
|
|
|
Do you like it?
NEO 29.32%
IOTA 11.38%
NANO 17.51%
ICON 5.82%
VECHAIN 6.19%
OmiseGo 7.24%
ARK 5.42%
OysterPearl 3.49%
Req 1.40%
Deep Onion 1.24%
NAV 4.69%
iExec 1.78%
COSS 0.57%
Groestl 3.33%
MyWish 0.29%
How the portfolio going? Any changes been made?  |
|
|
|
|
Not so fast, partner! It should take long time to recover that market, about a month or even more
|
|
|
|
|
I was surprised seeing people choosed NEO. Nope, I don't like Ripple, don't get me wrong but in the nearest past the Ripple was a favorite coin for most of forum members.
|
|
|
|
|
RougeCoin. Would be developed as a first decentralized cryptocurrency used for making payments on the darknet. And the face of the coin would be a raider from Borderlands.
|
|
|
|
|
The hype and only. If the token is well known that means the price will rise and I may get a profit. If the project is a dark horse I would think twice before investing ... and certainly won't invest in it.
|
|
|
|
|
Never thought about choosing ICO or bounty because of the bounty manager but you know that has a point. A good professional won't join a scam project.
|
|
|
|
well seldomly, but airdrops can be really good , like Onthology, which dropped equivalent of 5-10 thousands $ just for subscription
Mostly they are useless and just rewarding you (if not scamming and giving you nothing) with a cheap or even useful coins. Yeah, it's for free but still most of them are waste. |
|
|
|
As for me I don't like this type of airdrops where you should register with any website. Simply because after that you have to go back to the page and withdraw your money, which is not convinient most of the time.
Also they can turn on that weird option to store that airdrop tokens on their site but not in your wallet. I'm usually quitting that kind of silly airdrops. |
|
|
|
|
Not so sure, the coin might fall to the bottom of the market because lot of people turning away due to extreme centralization of the Ripple.
|
|
|
|
how can you think this is a stable coin? This coin will be released by a government, which has an extremely high inflation economy. So what will be used to guarantee this coin?
An oil prices in theory but, yeah, you got the point - it seems to be really unstable one. |
|
|
|
maybe it can vice versa, altcoins making bitcoin useless.
alts have more features
Bitcoin and any other altcoins are really different, it's no point in comparing them. Bitcoin suits for long-term investments only when the altcoins are suitable for daily trades and paying for something. |
|
|
|
most of airdrops these days are scam and doing a bounty campaign is better.
Not a scam really, scam means they're trying to steal your money or your time. Most of them are just trash and pay nothing or useless coins. |
|
|
|
If you have money then you need to invest. If there is no money but there is free time, you can participate in advertising companies. Ideally of course everywhere to participate
Not ideally, the bounty is worst than ICO. The bounty mostly provides you with a little number of tokens but the investments can give you huge income. |
|
|
|
We all know that dogecoin was allegedly made as a joke, with no development to back it up. It really is not a good choice for coin if you ask me.
Not a joke but a clever marketing to use the recognizable image of a dog. Why is it bad choice? Because it's fast and cheap on commission? |
|
|
|
|
Show Posts
