Bittrex-wallet for ANS is enabled again!

I don't trade much. But of course I would like to see a higher price, but not necessarily a hype with dumping right after.

I'll also say "I told you so!!!" because I'm sure your prediction is wrong. ;-)

Very interesting read:

The Distributed Ledger Technology Applied to Securities Markets

The European Securities and Markets Authority (ESMA) has issued a Discussion Paper for public consultation on distributed ledger technology (DLT). These are Lykke answers to the questions they raise.

https://lykke.com/city/blog/2016-10-25/the_distributed_ledger_technology_applied_to_securities_markets

Is known how much hashrate is on the testnet?

Edit: Maybe more interesting: What was the peak until now (if known)?

I agree! The combination of chinese and western exchanges would have helped the price a lot, while on more or less small chinese exchanges it just needs a few dumpers (ICO of 2015) to get it into a downward-dynamic.

But, to be fair: Even with this shitty price I don't regret buying into the ICO. Because I doubt I would get it cheaper when it will hit western exchanges. Only way would be to make an account on Yunbi but since withdrawals are not possible and one would have to buy CNY first - not sure how many do that.

Could be right, at least that those rankings don't work for china.

But it would match with the fact that there is not much action for Antshares on both chinese exchanges. There are long times in between without any trade. If you compare that with a launch of any project after it's ICO on Poloniex - the difference is huge.

I'm not sure if they fake the volume but because of the zero fee and, if that's still the case, that chinese exchanges often count one trade as "two" in volume (one buy and one sell) the volumes are misleading in my opinion.

That's not the problem in my opinion. It's more that those chinese exchanges are not so big like they may seem. I believe that's true for chinese exchanges in general because there is very often a discrepancy between high volume and Site clicks.

Just one example: The biggest chinese Bitcoin-exchanges often have a volume of > 1 million Bitcoins per day. But if we look here:

"huobi.com receives about 21,500 unique visitors and 66,650 (3.10 per visitor) page views per day"
http://huobi.com.hypestat.com

okcoin.com receives about 9,849 unique visitors and 48,261 (4.90 per visitor) page views per day


Bittrex has a volume of just 2,019 BTC for the last 24 hours, but:

bittrex.com receives about 64,500 unique visitors and 233,490 (3.62 per visitor) page views per day



And when we look at the both exchanges ANS is available right now in China:

yunbi.com receives about 1,335 unique visitors and 5,739 (4.30 per visitor) page views per day

yuanbao.com receives about 3,250 unique visitors and 15,600 (4.80 per visitor) page views per day
 


And that is really not much. Most likely nearly everybody who is on there is already invested. And those who bought into the 2015-ICO dump into "near-to-zero-demand".


Which exchange is the best place in Crypto for now? The answer is Poloniex:

poloniex.com receives about 133,500 unique visitors and 809,010 (6.06 per visitor) page views per day

Poloniex is by far the biggest exchange in general. It is in fact bigger than all big Bitcoin-exchanges.



But, there is also a big pro in this: The price right now doesn't say anything about Antshares potential. Over time, and I hope soon, it will hit other exchanges and more people will know about it, especially whenever there are more good news etc. That's why I don't see the price as a problem right now and it wouldn't need much to get it back to ICO-value.  

Right. There are only two rules for private keys:

- make sure that they never get lost
- nobody else should be able to touch them in any way


Edit: You are not that new - registered in 2014 Did you buy your account?  ;-)

I disagree. Because what is done in the market is that very low buy-orders are set - about hundreds of Bitcoins and without any intention to buy. The same happens the other way around - huge sell-walls that are often pulled if touched.

And again: That is normal in nearly all markets with significant volume. I consider it as naive to believe in "natural markets" which are very rare - only if very intense news (very good or very bad).

New Blog-Post:

Lykke Team Meets in Montenegro
https://lykke.com/city/blog/2016-10-20/lykke_team_meets_in_montenegro


What's very interesting: The article involves a lot of additional statistics and informations (links)!

It is a fact that the market is very manipulated and that is the case since many months. I don't complain about it, because it's kind of normal in Crypto (it's not only Factom). Sometimes it's done smart and strategic and sometimes it's done very stupid - but whoever does it on the Factom-market does it strategic. And I would consider it as naive to see that hundreds of BTC show up or are pulled in one second - same on the sell side with FCT - and to believe that hundreds of Polo-Users did that.

And of course manipulators don't have full control. And maybe it's about two or more groups. But it's nearly always the same: Just a few guys control the majority of a market.

Even true for Bitcoin:

huobi.com receives about 21,500 unique visitors and 66,650 (3.10 per visitor) page views per day
okcoin.com receives about 9,849 unique visitors and 48,261 (4.90 per visitor) page views per day

yuanbao.com receives about 3,250 unique visitors and 15,600 (4.80 per visitor) page views per day....(that's the chinese exchange that listed FCT)

bittrex.com receives about 64,500 unique visitors and 233,490 (3.62 per visitor) page views per 
poloniex.com receives about 133,500 unique visitors and 809,010 (6.06 per visitor) page views per day


Source: http://www.hypestat.com

Even Bittrex has more clicks than the biggest Bitcoin-exchange of the world. Interesting, right?


In Crypto there is nearly nothing that really is how it seems.

 

There is no dumping but it seems as if it's frozen. No trades.

Absolutely:



Alibaba Group Holding Limited (Chinese: 阿里巴巴集团控股有限公司) is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and data-centric cloud computing services. The group began in 1999 when Jack Ma founded the website Alibaba.com, a business-to-business portal to connect Chinese manufacturers with overseas buyers. In 2012, two of Alibaba's portals handled 1.1 trillion yuan ($170 billion) in sales.[3] Suppliers from other countries are supported (with more stringent checks than for Chinese companies),[4] but the company primarily operates in the People's Republic of China (PRC). At closing time on the date of its initial public offering (IPO), 19 September 2014, Alibaba's market value was US$231 billion.[5] However, the stock has traded down and market cap was about $212 billion at the end of December 2015.

In September 2013, the company sought an IPO in the United States after a deal could not be reached with Hong Kong regulators.[6] Planning occurred over 12 months before the company's market debut in September 2014, with Reuters Instrument Code "BABA.N". The pricing of the IPO initially raised US$21.8 billion,[5][7] which later increased to US$25 billion, making it the largest IPO in history.[8] Buyers were actually purchasing shares in a Cayman Islands shell corporation, not in the Alibaba group, as China forbids foreign ownership of its companies.[9]

Alibaba's consumer-to-consumer portal Taobao, similar to eBay.com, features nearly a billion products and is one of the 20 most-visited websites globally. The Group's websites accounted for over 60% of the parcels delivered in China by March 2013,[3] and 80% of the nation's online sales by September 2014.[5] Alipay, an online payment escrow service, accounts for roughly half of all online payment transactions within China.[10]

Alibaba is planning to enter India and was in talks with Snapdeal in September 2014.[11]

Alibaba reported sales of $14.32 billion on China's Singles' Day on 11 November 2015, up 60 percent from 2014.[12][13] It is the world's largest retailer as of April 2016.[14] Alibaba entered India's e-commerce space with 25% stake in Paytm owner One97.[15]

(...)

https://en.wikipedia.org/wiki/Alibaba_Group

That's great! Time for Polo to recognize this!

I believe it's always the same or more likely a group. And it's done at least not in a stupid way. I've watched that game several times since months.

Somebody controls at least 300 BTC of it. I saw how it was at about 1300, than 300 were pulled at once - and now it's at 1500 BTC.

Okay, thanks! I personally don't think in short-term. With other words: A dropping price is not that much about thinking about loss or profit but in combination with wallet-problems and a lack of communication yesterday, it's something that raises questions about if there are fundamental issues or if it's just about a dynamic out of impatience or whatever. But again, I see you do your best now and it's understandable that your job is not easy right now!