I don’t know even in current conditions investing from fiat is still the same as always and theirs more chance of an upside because the fact things are so cheap and low
well i wish a lot of people are thinking that way the current situation of the market is only acting as an indication not to invest for a lot of people and that is definitely a bad thing Yeah. But more people are trying to get more CryptoCurrency and invest in ICO of good Projects like COVA. I think that’s a wise decision. Most of these tokens are at a very much discounted price. |
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I’m wondering what kind of other partnerships we can expect to be coming soon I mean some developer partnerships would go far to secure my longterm view of where they are going
COVA team make partnerships look easy. They’ve announced a lot of effective partnerships in getting the protocol released soon. I can’t find the project roadmap, but I think they got an eye on a full product by 2019. Hopefully, this would make data private and the internet smart. Last time I heard, they had a partnership with TERRA. Also, they are consistent in adding new advisors and devs to the team from top institutions in Europe. I think in no time, we’ll have COVA:// available for everyone to trade data securely. Would be an experience. |
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They are trying to fool the investors. Whatever the guarantees that they are giving out, I will never invest in any ICO under current market conditions. It is just too risky to put your hard-earned money in to these projects right now.
I kind of see your points. and I hear the same thing from many people around. But why the project team is pushing for continuing the ICO in this bad market conditions? Not sure though. Many are skeptical about ICOs for now; Those who began their sales before the fall are kinda stuck now and now they are they are trying to do all ways possible to finish their sales. yeah, some of them have decided to pause for the main time i believe in time the market is gonna recover and most of those project will see the light of the day I know a handful of projects that are on halt at the moment, but I’ll urge them to find a way to keep their social media outlets lively so investors have a slight rest of mind at least. I think TAChain and most good project team is doing much to get a successful ICO. There’s private sales, promotions, bounties, incentives, bonuses, something creative to keep the ICO running and Successfull. It’s really a hard time to have a token sale. |
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It is only now that I see that there is more bonus for "major investors" from 25 ETH upwards. I would say that at the moment this is cheaper than it has been for a long time. ETH is now just over $100
Thanks for sharing, mate. 25 Eth is an easy buy now, and that’s the best part of a bear market, you get discount on every coin you buy, and when you buy big like a major investo, there’s more bonus. |
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They’ve been pretty straight forward that they plan to be quite restrictive of where they let the project go and the coins they list to keep trgulation and quality high
I see same rules from current top exchanges. You get listed on these exchanges when you got a really good project. I think bitmax would do really good with these rules. Most times, it’s not all about quick/ short term volume but a good project with a steady increase in trading volume b |
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Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please  I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices. COVA made the top of that list. They have a badass team. They could be the only successful project of 2018. And that should make data privacy a solved problem. Many are expecting end of year might be show a good sign? End of December towards January. It is a tough spot to be in now; I think Cova not doing the public sale a is something to their benefit. It’s a nice strategy for the team. Not all Project team would risk not doing public sale, because that’s where much of the funds come. But COVA listing on Huobi gives them the option to sell like in a public sale. |
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I'm thinking what if huobi or some other exchanges choose to use the Covalent features too? Do you think how secured everything is? It's like they have a x2 secured barrier for their exchanges.
Yes you’re right. It’s going to be revolutionary. Everyone would have to switch to Cova://. It’s no cost but secure. More security for Exchanges too, users data would be more secure than ever. |
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This will be great but having to wait 1 year to know if the project is worth sticking to or not, to me is a long time which I doubt many people will be willing to accept.
I think they gave a reasonable time interval. Any Project that promises a high ROI in a short time is probably a Scam project. In a year, TAChain thinks they could make a difference in Transportation and Advert, so much to keep investors willing not just to keep their money but pull in more. |
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From what I can see theirs a lot of open possibilities for new exchanges there seems to be a huge swath of available volume even though the market is still so much suppressed
Risky to trade now. But profits are determined by your trading experience and how much time you put in. I think only the best exchanges would make it this far with volume. |
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I personally think they should abandon their ICO and try to find an alternative way to raise funds for their development. I would suggest the ONAM team looks into starting their own STO or trying to secure private investments.
Yes, you are right. But the money raised at the ICO is easy money, you can spend it on cars and traveling - and this will not be against the law. That could be a possible alternative but I think given they are starting an Exchange they have a good shot if they target private investors. ICOs are not that effective now. Most project are taking a different turn to getting investors and I think that’s great. Makes the project team sit back and get a good strategy, while reducing scams we find in ICO. |
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I really do not understand the rationale behind the delay of the MVP
It's almost taking forever to release, I asked in the group and it seems postponed to an unknown date
Really? I thought its already released. Atleast there were lots of discussions in the telegram channel about MVp release etc.. Not yet buddy. Some delays and a few additions to the release. And altogether, I think it’s going to get get delayed for a while. I think the team should give reasons for this. It’s not good for business and certainly not at this time. |
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I think they should be more elaborate to their offer risk-free investment, so that investors will not assume what they think about that offer, because many of the people here really don't understand or not know how will be that is going to happen.
You're right about that, i think it will be best to have the team on board the conversation to create a more robust argument, the fact is, we are just making random statements and official statements from the team on what they or how they intend to go about the whole thing will really be helpful and clarify a lot of areas that the community considers loopholes Yeah. I think the project team. Which I understand is TAChain, must have noticed the recently overwhelming interest by investors in the project. I’ll expect the team to come on this thread and give the right answer to these pressing questions from interested investors. They got the right platform here and at this time to tell their story. |
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With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.
It is not only about SEC is also about the central banks and the governing policies of the country; take AML for example; that is to do with crime and finance. It is a whole regulatory organization building up now and not only limited to SEC. Right. And I think it's positive for crypto in future. It will help in keeping crypto clean and not like what we think it is. I mean crypto used by mafia mostly. It’s crypto for everyone. Mafia, gangsters, Silk Road, dark web, everyone. USD and most fiat are used for the same bruh. Why the focus on crypto alone? These existed before btc. |
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A couple of new announcements from Covalent team, most of which I find exciting and a relief to much asked questions like the tokenomics. The on a popular ICO review website, ICODROPS, you can find details of COVA tokens. Also, No Public Sales. Really?
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Yes, that’s what we asked for and it’s good to see the Team responded positively. Thanks for sharing the details too. If the team keep up with the transparency, then we got no problems. This looks detailed. 6+ billion tokens and just 20% sold on private sales. I would expect the sales on Huobi to be high. They also said there would be no public sales. Is there a reason for that? |
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With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.
Well, like they say, SEC don’t make the rules they try to enforce it and when they start working on a new economy they don’t relent. Crypto won’t be exempted. But it’s easy, SEC is only for US citizens and consumers with indica of US person status. When we KYCe, we got no problems with these rules. |
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I shall believe that the future of Trading on blockchain technology will surpass all that are not related to blockchain.
I would expect in few years time, a Blockchain technology based exchange that would pass on SEC rules and would allow trading of not just digital currencies but stocks. It should have an advantage to the older exchanges. |
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If an ICO is promising me risk free investment, then i need to be more careful, because it might be deceitful. We all understand what is in the market and due to the present happening, even the coins that seem to be the best, are still plummeting, so,what are we saying. Well, i do not know the strategy that will be deployed for such not to happen.
I like how you pointed out the fact that even the best right now do not really stay strong a the moment which is the more reason we should give project like this the fighting the chance to see what they are capable of doing both in the operation and money back They stand a higher chance of doing well with confidence of investors. When everyone gets scared of investing and chicken out, there is not project. So the approach of giving investors a backup plan, would mean more confidence of investors in the project and so the project grows. |
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Bitmax Exchange looks fancy and easy to use. And now there’s the Reverse Mining and Transaction Mining where users earn back fees and mine BTMX token while you trade these for USDT or BTC right there.
Do I have to go through a Lengthy KYC procedure for new users on the exchange?
I haven't come across any information on KYC process yet but I guess it shouldn't be that tedious as we have come to know KYC process for, Ideally exchange should have KYC process in place There should be a KYC verifications process to protect the exchange and the users. But the KYC process should be easy to go through. |
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It’s good to know you can get free Onam tokens which you can use to trade on the exchange when launched by participating in the bounty. Yeah, there is a bounty going on and it should be a bounty0x
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