The exchanges are actually on a weired situation, most of them are aware of the SEC and the different US regulations, remember what recently happened to BTC-E, even if it haven't started from the SEC at least, they reached them outside borders.
I believe this is why Bitfinex is now refusing US customers. There are more regulations every day, different countries are trying or starting to regulate bitcoin and cryptocurrencies markets, this is a serious limitation for exchange listing. Even the ethereum tokens are under regulation threat.
Thats the reason why we need a decentralized exchanges.
We are in the wonderful situation now that we have the right tools to counter restrictive policies. Thanks to Nakamoto, we can circumvent most of the stuff that is limiting our freedom in a reasonable way. I am not saying we should go nuts, but policy makers will have to recognize sooner or later that the world changed. And the more they restrict us from actually doing quite normal things, the more we will push with our financial means to achieve the opposite of what they try to achieve. I like crypto guys. I am all for tax, it is important to keep public infrastructure alive. But I can't see the reason why the US should crack down so hard on ICOs. There need to be rules, but they have to be in line with the present and the future, not the past.
I agree with most of what you say, especially regarding tax collections to maintain the infrastructures, this is one of the most important points forgotten by most of the decentralization supporters, how will the infrastructures be maintained.
The US will crack down because somewhere, the crypto community failed in educating the new comers, who get scammed by ICO operators, this lack of education about cryptocurrencies and the basics of cryptocurrencies left a wide open door to manipulation.
It depends of what you understand from Decentralization, or are you talking about us physically, in person ?
Yes, recently the US has been coming down hard on anyone running an exchange or even selling too many coins on localbitcoins. You'll have to avoid authoritarian countries if you operate a decentralized exchange.
If it was a centralized operation, then i agree with you, but in this case, the operations are decentralized, which means that every operation is under the responsibility of the ordinator, the user or Peer. If they target project initiators then it is a real bad news for US citizens and decentralization convicted users. I just wonder how the US will try to regulate the decentralized projects.
If it was just about paying to get listed, NVST would have already been listed in different exchanges. It is not about the fact of been listed, it is about the quality, the volume, the reputation, all these aspects have to be taken in count in order to provide the best access possible and a good protection agains manipulations. Even if exchanges like bittrex and poloniex doesn't really offers a protection against pump&dump, they are widely used which is a good counter weight.
Hello.
I have to inform you that this 2 are US based exchanges and they lately introduced some shitty
withdrawal policies and limits.
They also ask people to identify.
Also poloniex grew faster that it can sustain now i see lot of people complaining about their support.
They need weeks to solve simple problems and to answer to a submitted ticket.
DO not waste time with exchanges.
Is better that you focus your time and resources on the NVO development.
PEOPLE you loose control over your funds if you deposit on a centralized exchange.
They become owners of your BTC, LTC ....
They can impose silly policies and block your withdrawals.
That's what we are doing, we sent the demands and won't waste more time and energy on it, if they agree, so be it, else, we have to wait.
Regarding the ownership of the cryptocurrency accounts, you shouldn't forget that it is not limited to exchanges only, but all the service providers and third party services have the same limitations, as long as you don't own the private key of an address, or the seed of a wallet, it is not yours.
Yeah, the most important is to do your best to offer what you promised to the investors, we really expect something great and your preview wallet video looks promising.
Then you can work about exchanges and advertising, but now it is more a waste of time, and maybe pointless if there is an official NVST/BTC exchange in NVO. I am disappointed that the price harshly fell, but people who invested in NVO should have done it because they believe in this project and should trust the devs and hold NVST at least until the exchange is ready. If the work was as expected, the price will naturally skyrocket on its own and we can all profit.
However, even though you should put every effort possible in the development, you should also be more active in the communication domain. Please... The website have never been updated since the end of crowdsale, and you repeated many times that there will be a new website soon, but where is it? Official communication on Reddit is rare. Only Nemgun is active on BitcoinTalk. Don't let your investors lose truth because of that and sell their NVST in consequence. Or do you actually have something to hide? Are you actually very late in the development but don't want to admit this? Without proper communication, we can believe everything.
Wise words, especially the first paragraph, i appreciate your point of view as it matches my own.
You are right about communication, however, i already said multiple times that i don't like other social medias, i feel a lot better in Bitcointalk, writing interesting posts and keeping them for future reference. Yani and Ton are active on slack, Yani is always talking with people on slack providing support and guidance.
Regarding the possible delays, we said that we will wait for safenet, and as promised, we will wait, meanwhile we check the different alternative options. Also, we don't want to have a competitive clone of NVO at the release while we haven't even been listed, this is why we are wating for patenting the project, it will still be open source, the reproduction will be limited, it will also bring a market advantage to NVO.
It is easy to fork a project on github or any other platform, it have to be taken in count.
