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Topic: 🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵 - page 46. (Read 50807 times)

full member
Activity: 686
Merit: 101

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.
member
Activity: 672
Merit: 11

They are not selling tokens through Huobi! The tokens you'll be able to buy there are from private-sale or airdrop participants or from people who got them for voting. The team is NOT selling their devs token on Huobi.

Now, this is confusing, definitely, the team must have had a certain percentage of token up for sale, let us say they managed to sell all of it during the private sale, what is the guarantee that those who bought during private sale will be willing to sell off so soon?

You can find the number of tokens they sold in the private sale here (https://medium.com/@covatoken/cova-token-metrics-992a4de20755).

And about your concerns that people might not be willing to sell their tokens 'so soon' .... then the price they got offered for their tokens is probably to low. You can transfer this 'problem' you are worried about to any other token sale. But the fact is that most people are in for a quick profit, so they bought the tokens to sell them for profit, not to hold them forever.

First, thanks for the link. Also, definitely some people are not in to hold forever but for a project with a use case such as COVA's, I would not expect people to sell off as soon as it hits the exchange. Considering what can be done with the token. We have to be realistic here.

Yeah exactly, this project is definitely a long HODL because as you can see from the COVA roadmap it could take a while for them to finish development. Saying that it does look like they will be releasing their public testnet beta at some point in January, hopefully, the team will get some good results and could push the token up in value.

I think we don't even need to think about the fact that the first successes will be achieved sooner than in 5 years. The development may be finished earlier, but it will take a long time until the first Internet platforms decide to switch to a new protocol.

Yes, it will take quite a long time for things to start taking shape, just as i stated earlier, its a herculean task and will require much more to achieve their target, not to mention getting people to use their services and i believe investors understand this, so anyone going into the project should understand that's not child's play but once things settle, the outcome will be rewarding
member
Activity: 490
Merit: 10

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.
So many uncertainty in the market with lots of Fuds and weak hands. And i believe at end all weak hands will be left for and good.
With so many projects like Cova and others showing their amazing development it should happen pretty soon! 

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.
member
Activity: 630
Merit: 10

Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please  Cry

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.

well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project

Terrible times I  mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction.

Now is the time to be greedy like Warren Buffet will say
If you've the means accumulate more and more now, it will be worth it in the future just that rewards won't happen soon

It seems so. Now that we have almost reach the bottom, next year will be a good year in blockchain. Our only hope is this shouldn't be the last of crypto.

No No the bottom haven't bee reached just yet
More dip to go.. Go on tether and accumulate more Satoshi by buying more as it dips

Agree buddy, I also think that it will really going to go dip more. For now we must have get this good chance to have more tokens like Cova so we will be ready on the next run.
jr. member
Activity: 420
Merit: 2

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.
So many uncertainty in the market with lots of Fuds and weak hands. And i believe at end all weak hands will be left for and good.
With so many projects like Cova and others showing their amazing development it should happen pretty soon! 
member
Activity: 728
Merit: 10

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019
member
Activity: 490
Merit: 10
From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell

I am eagerly waiting for news about this topic. It isn't even clear which consensus algorithm their blockchain will use, or did I miss this information?

but wait the testnet did not go public yet; are you sure the mainnet would be published to mainnet? I think it would be really helpful if they push the testnet to the public to try out before going public with the mainnet.
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency
copper member
Activity: 224
Merit: 1
From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell

That’ll be great from real, having own blockchain will give a certain edge I think and given the dilemma Ethereum has been facing for sometime now, they might be probably better on their own.
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr

Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please  Cry

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.

well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project

Terrible times I  mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction.

Now is the time to be greedy like Warren Buffet will say
If you've the means accumulate more and more now, it will be worth it in the future just that rewards won't happen soon

It seems so. Now that we have almost reach the bottom, next year will be a good year in blockchain. Our only hope is this shouldn't be the last of crypto.

No No the bottom haven't bee reached just yet
More dip to go.. Go on tether and accumulate more Satoshi by buying more as it dips
full member
Activity: 686
Merit: 101
From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell

I am eagerly waiting for news about this topic. It isn't even clear which consensus algorithm their blockchain will use, or did I miss this information?
full member
Activity: 546
Merit: 106
Bountyhive.io
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

funny though, i have not heard of any partnership i believe the team are planning on something big and considering the current situation of the market such news will be a big boost

I’d imagine that they have plans the fact is real partnerships take time and always only come when things are right so I’d imagine they are waiting to be a bit more ahead on the development side
full member
Activity: 994
Merit: 140

They are not selling tokens through Huobi! The tokens you'll be able to buy there are from private-sale or airdrop participants or from people who got them for voting. The team is NOT selling their devs token on Huobi.

Now, this is confusing, definitely, the team must have had a certain percentage of token up for sale, let us say they managed to sell all of it during the private sale, what is the guarantee that those who bought during private sale will be willing to sell off so soon?

You can find the number of tokens they sold in the private sale here (https://medium.com/@covatoken/cova-token-metrics-992a4de20755).

And about your concerns that people might not be willing to sell their tokens 'so soon' .... then the price they got offered for their tokens is probably to low. You can transfer this 'problem' you are worried about to any other token sale. But the fact is that most people are in for a quick profit, so they bought the tokens to sell them for profit, not to hold them forever.

First, thanks for the link. Also, definitely some people are not in to hold forever but for a project with a use case such as COVA's, I would not expect people to sell off as soon as it hits the exchange. Considering what can be done with the token. We have to be realistic here.

Yeah exactly, this project is definitely a long HODL because as you can see from the COVA roadmap it could take a while for them to finish development. Saying that it does look like they will be releasing their public testnet beta at some point in January, hopefully, the team will get some good results and could push the token up in value.

I think we don't even need to think about the fact that the first successes will be achieved sooner than in 5 years. The development may be finished earlier, but it will take a long time until the first Internet platforms decide to switch to a new protocol.
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me
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

funny though, i have not heard of any partnership i believe the team are planning on something big and considering the current situation of the market such news will be a big boost
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.
member
Activity: 672
Merit: 11
From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell
full member
Activity: 686
Merit: 101
From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?
member
Activity: 672
Merit: 11
The striking thing about COVA is their not wanting to do a public sale, I am looking to see how this pans out because with such a good project I am expecting a total sell out during public sale and got presented with this strategy instead.

They are smart in that aspect. Market is not good at all. Why to waste going to market with their token sales and reduce the value of their own tokens? Smart move by the COVA team.

You are right mate. Under these conditions, it is not the best move to enforce the ICO. I think this is a good decision from Cova.

People will get confidence if they dont push it for ICO and move ahead with private placements. Eventually such a nice projects will get attention in exchanges.

I think their decisions so far reflect their experience and I think them not going for the public is the right way to go in current market conditions. I think the next market will determine where the market is heading.

Yes, i was just stating such, its hard time other projects should follow suit on this process, any individual that gets the token from any exchange reflects a serious investor and no longer a case where individuals will wait for freebies and then dump the next second, so i see this as a productive means of generating the needed capital and also a good way of keeping the brand safe 

yea but I also think they should somehow support the volume if they can. It is important if they want to keep interest on the token after listing or when it may have low demand.

You're absolutely right and they must have a strategy for them to have come up with such plan, their concept is quite new and unique in a variety of ways that we are yet to comprehend and such is needed because of the long damage that insecurity of data has caused overtime, i believe the team understands how important this project is
jr. member
Activity: 448
Merit: 3

Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please  Cry

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.

well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project

Terrible times I  mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction.

Now is the time to be greedy like Warren Buffet will say
If you've the means accumulate more and more now, it will be worth it in the future just that rewards won't happen soon

It keeps going down. For most projects it’s a wrong time to accumulate more. But some tokens are stable in the market. Most of these are tokens with a real use backing. I think COVA tokens would be stable when listed.
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