[ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 47.

wantangcfftc020

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Machine Learning & AI - Trustless Ledger System

Quote from: bitvoyager on October 12, 2017, 05:46:39 AM

Quote from: wantangcfftc020 on October 11, 2017, 09:13:14 PM

Hello, I am interested in this project, decenterized exchanges will be the future in my opinion. But for now, what is the progress of this project, when can we use this exchange?

Hello wantangcfftc020, thank you for the interest to the OAX platform!

1. According to the initial Roadmap the prototype release is planned on the Q2 2018 - https://oax.org/en/#milestone
2. I'd recommend you to check the Dev AMA transcript, it took place just some days ago on our Slack:
   https://medium.com/@OAX_Foundation/oax-development-ama-1-transcript-a02a173ccd8b
3. And here is the info on closest plans and long-term strategy:
   https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-technology-stream-120a8ef3046b
   https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-legal-and-regulatory-stream-8d9a3d4671a2
   https://medium.com/@OAX_Foundation/oax-q4-roadmap-update-community-and-engagement-stream-9b699f668322

Welcome to join our other social channels:

WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM

Thank you for you information about the latest news and the social channels, I am also curious about if the CNY will be supported when the exchange get online since I know bit-z.com has that feature.

AsiaNexgen

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Activity: 451

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Quote from: ProspectorsPR on October 31, 2017, 08:16:29 AM

When signature campaign Participants will receive their rewards for October Month? Don't make it late like previous month.

We are calculating payments and validity today, will give an update via the #bounty on Slack later today.

ProspectorsPR

newbie

Activity: 51

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When signature campaign Participants will receive their rewards for October Month? Don't make it late like previous month.

bitvoyager

sr. member

Activity: 560

Merit: 256

Market Integration Platform

Could Hong Kong become a cryptocurrency haven?

Jehan Chu of Kenetic Capital and Urszula McCormack of King & Wood Mallesons discuss the outlook
for cryptocurrency in Hong Kong amid uncertainty about how regulation could shape or limit its use.

Urszula McCormack is one of the OAX Foundation legal advisers.

https://www.cnbc.com/video/2017/10/23/could-hong-kong-become-a-cryptocurrency-haven.html

https://twitter.com/OAX_Foundation/status/923806484709830659

WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM

Angel Di

sr. member

Activity: 588

Merit: 251

EVOS

Quote from: sasciait on October 28, 2017, 04:45:35 PM

I dont understand why such a great project everyday is losing the value on token price

The project can be something and is worth, but the market open of trading any asset has its own price and the market dictates how much a coin cost. If the price falls, it means that it is still expensive for the market. What do you think bought the coin, and it will soon grow?

wwzsocki

legendary

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First 100% Liquid Stablecoin Backed by Gold

Quote from: bitvoyager on October 26, 2017, 12:08:38 PM

Quote from: hengar on October 26, 2017, 11:33:44 AM

Has anyone else noticed very suspicious trading of OAX on the exchanges?

For example, take a look at trades on Binance over the last few hours. Every trade is below 200 OAX. Almost all trades are under 60 OAX, or between 150 and 190 OAX. Every trade is a sell.

Watch the market for a few minutes and you will see that a new buy order comes in just slightly higher than the current higher buy order. Then immediately a sell order matches it exactly.

Makes no sense - why are the orders so similar, and why is someone waiting to sell 150 OAX at 0.0012929 when they could sell for 0.0012925 immediately? Seems like market manipulation.

Hello hengar,
Thank you. Interesting observation. I will take a view and try to understand.
"Why is someone waiting to sell 150 OAX at 0.0012929 when they could sell for 0.0012925" - it seems the first price is higher than second.
Anyway I haven't my opinion on this situation. Should be researched and only then any conclusions can be made.
The official position of the OAX Foundation is not to comment on secondary markets.

I don't think this is manipulation even if a bot is buying or selling. I have just bought another bag 227 OAX for o.27 ETH. Etherdelta is a decentralized and this is how people making trades sometimes I see buy orders lower from sell. There is a lot of newbies just learning on rare tokens from airdrops and bounty. For some people using Bittrex is hard and they need tutorials to trade. There are hundreds of mistakes being made daily on Etherdelta.

Wall-ET

full member

Activity: 224

Merit: 100

Quote from: hengar on October 26, 2017, 03:14:44 PM

Quote from: bitvoyager on October 26, 2017, 12:08:38 PM

Quote from: hengar on October 26, 2017, 11:33:44 AM

Has anyone else noticed very suspicious trading of OAX on the exchanges?

For example, take a look at trades on Binance over the last few hours. Every trade is below 200 OAX. Almost all trades are under 60 OAX, or between 150 and 190 OAX. Every trade is a sell.

Watch the market for a few minutes and you will see that a new buy order comes in just slightly higher than the current higher buy order. Then immediately a sell order matches it exactly.

Makes no sense - why are the orders so similar, and why is someone waiting to sell 150 OAX at 0.0012929 when they could sell for 0.0012925 immediately? Seems like market manipulation.

Hello hengar,
Thank you. Interesting observation. I will take a view and try to understand.
"Why is someone waiting to sell 150 OAX at 0.0012929 when they could sell for 0.0012925" - it seems the first price is higher than second.
Anyway I haven't my opinion on this situation. Should be researched and only then any conclusions can be made.
The official position of the OAX Foundation is not to comment on secondary markets.

In that example, yes the price of 0.0012929 is higher but than 0.0012925, but only very slightly. When the lowest sell order is at ~0.0014 price, then there is quite a big margin between buy and sell orders. So it does not make sense that someone would wait for the buy order to increase such a small amount, and then within 10 seconds of the buy order appearing to match it.

Of course, if it happens a few times, it is not suspicious but it is happening on almost every trade. Take a look at the last trades:

Every single one below 200 OAX, and an immediate sell as soon as a small buy order appears just above the buy price.

BTW, I am not blaming OAX here. It could be price manipulation from bagholders, or something suspicious on Binance. But either way, this is the biggest exchange for OAX, and it doesn't inspire much trust. (Which in itself is the very reason a DEX project OAX exists of course Wink

)

This all smells like someone is manipulating a bot.
Not sure if I do not see the action (as I don't have registration there I can't). But from what you say it is a bot that is trying to be firs, and someone pushing the bot up, so he can sell into it. As at some point the bot will be full and will stop to make orders on top then the seller will be able to buy back the amount sold for profit Wink

that is what probably is happening. The small amount is due to the fact that this kind of bots use small orders in order to average up/down the price depending on the market move...

phen0malik

newbie

Activity: 4

Merit: 0

Was there a coin swap for OAX? For some reason whenever I try and send my OAX from myetherwallet to any exchange I get the following error:

Quote

Could not estimate gas. There are not enough funds in the account, or the receiving contract address would throw an error. Feel free to manually set the gas and proceed. The error message upon sending may be more informative.

But I have plenty of funds to cover the gas so it is something with the receiving address or my OAX tokens ( Huh

)

jemiro

jr. member

Activity: 49

Merit: 1

Quote from: ashmodeus on October 28, 2017, 08:48:00 PM

Quote from: sasciait on October 28, 2017, 04:45:35 PM

I dont understand why such a great project everyday is losing the value on token price

like u say
too many great project
so , the logic from investor say "i will move to another promising project, or i waiting too long."

Yes, many get lured away looking for a quick hit. This project is beginning to cook with gas and I'm looking forward to the day OAX is in the top 25 and I can say "I jumped on that one when it was #225". A lot of very good projects are still way down after the China ban too. I could name 20 almost off the top of my head.

bitvoyager

sr. member

Activity: 560

Merit: 256

Market Integration Platform

Quote from: standards on October 28, 2017, 10:10:26 PM

Quote from: sasciait on October 28, 2017, 04:45:35 PM

I dont understand why such a great project everyday is losing the value on token price

Marketing are fluctuating all the time, sometimes we just have to wait.

Agree to standards. OAX is a long-term project. And the goals are high.
A lot of should be done, serious challenges facing the whole industry should be resolved.
The main activity field now is creating of the Working group. And this direction develops successfully.
https://medium.com/@OAX_Foundation/oax-gets-listing-fever-and-other-news-ffc890a8143d

standards

sr. member

Activity: 560

Merit: 261

Quote from: sasciait on October 28, 2017, 04:45:35 PM

I dont understand why such a great project everyday is losing the value on token price

Marketing are fluctuating all the time, sometimes we just have to wait.

ashmodeus

hero member

Activity: 1638

Merit: 518

Quote from: sasciait on October 28, 2017, 04:45:35 PM

I dont understand why such a great project everyday is losing the value on token price

like u say
too many great project
so , the logic from investor say "i will move to another promising project, or i waiting too long."

sasciait

newbie

Activity: 5

Merit: 0

I dont understand why such a great project everyday is losing the value on token price

bitvoyager

sr. member

Activity: 560

Merit: 256

Market Integration Platform

Quote from: pao_de_lo on October 27, 2017, 07:25:54 PM

Is it an official channel?
https://twitter.com/oax_brasil

Hello pao_de_lo, it's mentioned on main EN OAX Twitter.

I think that only information presented on main official OAX EN channels can be concidered official.

bitvoyager

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Activity: 560

Merit: 256

Market Integration Platform

Quote from: udonmez on October 28, 2017, 03:51:58 AM

someone say me how can I see oax on myetherwallet?

Hello udonmez,
Send Ether & Tokens - Sign in to your address - Right side, "Load tokens", the list will open.
OAX is there in MEW by default. No need to Add Custom token or something like this.

udonmez

sr. member

Activity: 686

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someone say me how can I see oax on myetherwallet?

pao_de_lo

legendary

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Is it an official channel?

https://twitter.com/oax_brasil

bitvoyager

sr. member

Activity: 560

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Market Integration Platform

Quote from: steinkopf on October 26, 2017, 03:27:21 PM

Quote from: bitvoyager on October 26, 2017, 05:52:20 AM

OAX trading is now live on Qryptos exchange

https://www.qryptos.com/

One more great news form the team, one more partnership, glad to see that team is working hard, and I'm like many others very excited to see at least the screen-shots of the prototype. And great team is participating in different events, hope this will bring more partners and friends to the project.

Thank you steinkopf, the team is really working hard. Yes, as you know, OAX is actively participating in events.
Two closest - devs will visit Devcon3 in Mexico and Liam Bussel goes to the blockchain conference in Moscow.
About prototype, I'm waiting for the first screenshots with the same impatience as you.
We talked to @onetom couple days ago and he told some details about the devs team.
I believe in these guys and wonderful Cerulean!

https://bitcointalksearch.org/topic/m.22999137

bitvoyager

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Activity: 560

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Market Integration Platform

Quote from: sanas on October 27, 2017, 11:39:06 AM

Quote from: seek4dream on October 27, 2017, 07:48:40 AM

Quote from: AsiaNexgen on October 26, 2017, 10:53:13 PM

Quote from: sanas on October 26, 2017, 03:34:10 PM

Good partnership has recently been concluded by the OAX. I'm happy with how the team works and I think the market will soon react to this. I'm looking forward to adding to Bitrex soon.

Guys, check out this latest blog post! Starting to see things moving!

https://medium.com/@OAX_Foundation/oax-gets-listing-fever-and-other-news-ffc890a8143d

Although I didn't know much about the exchange, it seems huge:
Qryptos is the first regulated exchange company in Japan, Quoine is a large player in the market.

Look, soon a very powerful project starts, which combines a dozen exchanges into one network to ensure sufficient liquidity. OAX and Bitfinex are also included in this network.

Hello guys, yes Quoine is really a large thing, they're
the first global cryptocurrency firm in the world to be officially licensed by the Japan Financial Services Agency, https://quoine.com/
Nobody knows which network wil be included in which, sanas. OAX in Quoine or Quoine in OAX.

Anyway very good news today!

sanas

hero member

Activity: 546

Merit: 500

Quote from: seek4dream on October 27, 2017, 07:48:40 AM

Quote from: AsiaNexgen on October 26, 2017, 10:53:13 PM

Quote from: sanas on October 26, 2017, 03:34:10 PM

Good partnership has recently been concluded by the OAX. I'm happy with how the team works and I think the market will soon react to this. I'm looking forward to adding to Bitrex soon.

Guys, check out this latest blog post! Starting to see things moving!

https://medium.com/@OAX_Foundation/oax-gets-listing-fever-and-other-news-ffc890a8143d

Although I didn't know much about the exchange, it seems huge:
Qryptos is the first regulated exchange company in Japan, Quoine is a large player in the market.

Look, soon a very powerful project starts, which combines a dozen exchanges into one network to ensure sufficient liquidity. OAX and Bitfinex are also included in this network.

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