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Scheede
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January 12, 2018, 11:53:19 PM |
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Isle of Groestl
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Activity: 154
Merit: 10
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January 13, 2018, 05:29:02 AM |
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Here is the latest news from the slaCK announcents from COSS RUNE:
Dear all.
Over the next few days, we will announce a scheduled maintenance for this coming Sunday.
This is to implement the new UI.
During Sunday and before the launch of the new UI, there will also come a medium update from coss.io so watch this space for more information.
FYI: Dev is now working on a solution to speed up all deposits and withdrawals, and we aim(hope) to have this ready by the end of today. For those that have had (or still have) deposits/withdrawals in limbo. Please bear with us as we are working hard on this and the user's funds are always a high priority.
I do believe that patience will pay off literally dividends for COSS holders, especially once the exchange is working full throttle, just give it time!
This is very good news. They basically plan to solve all their problems in a day? If they succeed and can continue providing this kind of effective bugfixes, I see very bight future for COSS. Remember ladies and gents, in a world where more and more countries are threatening their exchanges, decentralized exchanges are the future!Finally we get the fundamentals to challenge the top30 of exchanges in 2018. With this professionals behind COSS I can imagine we´ll see this, when the spiral (new customers+marketing--->more volume--->more customers etc.) finally starts... Happy 2018 COSSler!  Would be nice if your coins showed their worth in USD or at least BTC - All good exchanges let you see at least your coins worth in BTC. COSS does not offer this basic courtesy. |
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qiwoman2
Legendary
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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January 13, 2018, 06:39:13 AM |
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Yes there are going to be lots of new coins and promotions coming to COSS and now the exchange is working better and the new UI and Engine will be coming, then we should be really rocking and rolling. COSS now is the biggest coin in my portfolio thanks for it mooning from 6 cents to over 2 dollars and still this is just the beginning. I easily feel COSS will be from here even a x 10 bagger by the time the new engine comes and volume increases. COSS is the only exchange token giving such generous revenue splits. No other token does this, even KUCOIN will reduce it's token split to 15% but not COSS. So when COSS volume skyrockets, so will our weekly revenues. |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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January 13, 2018, 07:21:05 AM |
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It is almost a self perpetuating machine now  |
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pvk444
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Activity: 252
Merit: 47
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January 13, 2018, 07:50:49 AM |
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Even cheap ICO nowadays make easy x 10 in few days. And more in few weeks. Here Coss is overpriced because almost no have volumens on other pairs than Coss token vs BTC/Eth.
If it work need many active traders but they maybe come IF exchange will be many better and faster.
So actually I mean its pump on this coin because is 2$ now and after relase new GUI I expect dump as usually after news on every coins. 2 weeks ago price was 0,20$ for token. Now is 2$ so its x 10 without improve exchange. If something will better in Sunday it is in price actually. So dump after it I expect. Imho.
You miss a couple of major points: it is true that some coins make x 10 (and a few much more) in a few days, but 99.9% of that is based on nothing but hype and sentiment ... factors that can very quickly errode. If you start looking below that shallow surface, however, and try to consider how the company is trying to create value for the token (share-) holders, you will realize that COSS is pretty unique out there in cryptoland among exchanges and it's current and expected valuation is based on sound fundamentals: - It gives back 50% of the fee revenues to token holders - It integrates in the real economy (COSS working on deals with various establishments and has already a number of outlets signed up) - It will shortly offer fiat gateway The technology behind the exchange itself, is not a major competitive factor anymore. Anyone with some modest skills and a medium amount of resources can re-create exchange technology. With that in mind, the market cap of COSS is way below where it should be and thus has significant rooom for price appreciation by orders of magnitude. |
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pvk444
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January 13, 2018, 08:02:22 AM |
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Remember ladies and gents, in a world where more and more countries are threatening their exchanges, decentralized exchanges are the future!
Couldn't agree more. Governments have been using fiat currency to control over people for a very long time. Don't expect them to give that up without a fight. Decentralized exchanges like BarterDex is future for crypto. Sadly, COSS is the centralized exchange and can be banned at any moment if Singapore follow the state-controlled-crypto-movement. Decentralized exchanges are interesting in close-minded economies which crack down on freedoms of their people. That is very true. However, Singapore has a very open approach to technology and indeed has one of the most forward looking governments in support of blockchain, cryptocurrency etc. Decentralized exchanges have their own problems. A major investor will think twice before moving large amounts of money to an weakly governed exchange. Furthermore, I can't image decentralized exchange ever including fiat money. Decentralized exchanges will be a viable option for some investors, but will never dominate the centralized exchanges in terms of trade volume, depth and liquidity. |
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anasso
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January 13, 2018, 08:10:21 AM |
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i think that big exchanges like coinbase etc handling new sign ups is very benefic to Coss.
this coin can the potential to reach 10$ easily. all exchanges coins are mooning now.
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takertrade
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January 13, 2018, 08:50:26 AM |
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yes coss marketcap is still really low $168,852,646 USD
with better trading GUI and offering Fiat Iam sure coss can reach at least 1B marketcap
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Doctor.Strange
Sr. Member
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Activity: 728
Merit: 250
Go Big or Go Home
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January 13, 2018, 08:53:46 AM |
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yes coss marketcap is still really low $168,852,646 USD
with better trading GUI and offering Fiat Iam sure coss can reach at least 1B marketcap
new UI is coming tomorrow, then COSS will boom |
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pvk444
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Merit: 47
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January 13, 2018, 09:00:39 AM |
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yes coss marketcap is still really low $168,852,646 USD
with better trading GUI and offering Fiat Iam sure coss can reach at least 1B marketcap
KuCoin, Bitshare both around 1.6bn, Binance around 2.6bn ... None of them offers fiat, none of them integrates with real economy. So I would say 1B is a very conservative estimate of the potential for COSS, and is more a first level for COSS. |
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Dagfin
Newbie
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Activity: 97
Merit: 0
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January 13, 2018, 09:26:09 AM |
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what we need to list token at the coss ?
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brownie14
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Activity: 214
Merit: 10
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January 13, 2018, 10:54:29 AM |
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Remember ladies and gents, in a world where more and more countries are threatening their exchanges, decentralized exchanges are the future!
Couldn't agree more. Governments have been using fiat currency to control over people for a very long time. Don't expect them to give that up without a fight. Decentralized exchanges like BarterDex is future for crypto. Sadly, COSS is the centralized exchange and can be banned at any moment if Singapore will follow the state-controlled-crypto-movement. And that is why they wanted to be compliant in order to avoid all that in the future ... So they are well equipped for any surprises in the future more than any other exchanges out there ...COSS has everything in deed ... There is no reason why someone wouldnt wanna invest or hold strong to COSS despite still struggling with bugs and tech issues ... COSS has a very bright future...even those fudding around know that very well ... THey are just angry they dont have enough COSS in their bags ... Be happy just being a COSS holder ... any amount is better than nothing ... Peace |
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Nebell
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January 13, 2018, 12:52:41 PM |
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Remember ladies and gents, in a world where more and more countries are threatening their exchanges, decentralized exchanges are the future!
Couldn't agree more. Governments have been using fiat currency to control over people for a very long time. Don't expect them to give that up without a fight. Decentralized exchanges like BarterDex is future for crypto. Sadly, COSS is the centralized exchange and can be banned at any moment if Singapore will follow the state-controlled-crypto-movement. It is true, there's a risk, but that risk in Singapore is extremely low. The country is very open to cryptocurrencies and is even tax-free. This is the reason why Buterin, the creator of Ethereum, moved to Singapore  Singapore being tax-free means that they most likely won't give a damn about DEX operations. Even Sweden doesn't care much about crypto. In their own words "our currency is stable, we don't feel threatened by crypto". However Sweden is way too capitalistic and they slap taxes on taxes on taxes, so it's no surprise they were quick to slap taxes on crypto. Most governments with a stable currency will not be threatened by crypto, while those who have unstable currency like China will never fully accept it, however because of the very same reason - unstable currency, its people will try to get into crypto, meaning DEX in another country (especially an Asian country like Singapore) will become very popular. I mean, most people in Singapore are - Chinese. |
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sacx
Newbie
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January 13, 2018, 01:47:40 PM |
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The most exciting thing about COSS are the 50% transaction they pay to us token holders. There is a cool tool ( https://www.cosscalc.com/#1000) for calculating your daily/weekly/monthly COSS dividend. Actually the COSS trading volume is increadibly low compared to big exchanges like binance or co. If we will reach such trading volume in the following month/years, then you'll get an impressive amount of dividends and the funny thing is, that those dividends are a share of each token traded... so actually you also get a bunch of COSS tokens, which you can add to you actual tokens. So you'll accumulate more and more each month and therefore get more dividens! What do you think? |
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mroks
Newbie
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January 13, 2018, 02:30:38 PM |
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I got a question : what about infrastructure upgrade?
Today we got low volume it's the beginning and it's normal. But I think we all hope lot more 🙏🏼. I know how company work and I don't think coss get disproportionate server if it's not usefull today ( I could be wrong). What coss plan? has there ever been a communication about this?
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x5650
Newbie
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Activity: 87
Merit: 0
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January 13, 2018, 03:31:05 PM |
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The most exciting thing about COSS are the 50% transaction they pay to us token holders. There is a cool tool ( https://www.cosscalc.com/#1000) for calculating your daily/weekly/monthly COSS dividend. Actually the COSS trading volume is increadibly low compared to big exchanges like binance or co. If we will reach such trading volume in the following month/years, then you'll get an impressive amount of dividends and the funny thing is, that those dividends are a share of each token traded... so actually you also get a bunch of COSS tokens, which you can add to you actual tokens. So you'll accumulate more and more each month and therefore get more dividens! What do you think? Well yes, but to transfer any of the tokens you have earned after the fee split alocation yo need 0,002 ETH, so not all is pink. |
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Mahabharata
Newbie
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January 13, 2018, 04:26:27 PM |
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Have its own exchanges to be a COSS advantage because it can always control the price, and I'm glad the COSS price keeps going up.
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amintek15
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January 13, 2018, 06:21:22 PM |
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the day coss will have the same marketcap as Kucoin right now it will make it price at 20€ and it has much more potential imo.
just hold it some months
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jvper
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January 13, 2018, 07:32:51 PM |
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COSS team needs to improve user experience ASAP!
For example: I have much more than 0.002 ETH in my Dashboard at COSS. Why does it keep saying I need 0.002 ETH to distribute ETH if I got much more than that from split fee allocation? It sounds very stupid to demand the user to deposit 0.002 ETH so that he/she can withdraw his Ethers. The fee (which is already excessively high) should be paid by COSS and deducted from the distribution. They could easily pay 0.001 ETH and allow the user to distribute ETH to his/her wallet and charge 0.002 ETH from the distributed amount.
Now I (and everybody I suppose) will have to deposit some ETH to pay for this fee, wait for the transfer to be done and so on...
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Nebell
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January 13, 2018, 10:19:42 PM |
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COSS team needs to improve user experience ASAP!
For example: I have much more than 0.002 ETH in my Dashboard at COSS. Why does it keep saying I need 0.002 ETH to distribute ETH if I got much more than that from split fee allocation? It sounds very stupid to demand the user to deposit 0.002 ETH so that he/she can withdraw his Ethers. The fee (which is already excessively high) should be paid by COSS and deducted from the distribution. They could easily pay 0.001 ETH and allow the user to distribute ETH to his/her wallet and charge 0.002 ETH from the distributed amount.
Now I (and everybody I suppose) will have to deposit some ETH to pay for this fee, wait for the transfer to be done and so on...
Well perhaps you should contact them directly and offer your feedback. I'm not sure if they read all the posts on forums. |
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