Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 51. (Read 135396 times)
October 15, 2017, 04:09:02 AM
OAX is trash and a scam. The company raised 25 million dollars and scammed us all.
October 14, 2017, 08:12:18 AM
This coin is good but it is so much dependent of volatility even when the payouts were not made for signature hunters the price was 0.66$ as soon as payouts were sent the price crashed to 0.45 USD, are only bounty hunters using this token?
Bounties are free money to those who collect them. I guess most of it will be dumped right away and therefore bring about some price pressure. But that is temporary.
The project is still new, exactly. And at the same time you don't have any more hope for growth? This whole thing is brand new. Even in crypto you will be well advised if you play it smart and with patience.
October 14, 2017, 07:00:05 AM
"The gang's all here!" OAX Dev team meeting
Tamas Herman, Core Developer
Geoffrey Tipton, Core Developer
Cerulean Hu, Developer
Sawyer Zhang, Developer
Lio Lunesu, Technology Adviser
https://medium.com/@OAX_Foundation/oax-development-ama-1-transcript-a02a173ccd8b
https://medium.com/@OAX_Foundation/oax-dev-ama-1-full-transcript-in-russian-faf55d9b29df
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October 13, 2017, 03:52:24 PM
seems i\m gonna stay for a while 
Nice to have you onboard, andrei1982 ) thanks October 13, 2017, 12:56:12 PM
seems i\m gonna stay for a while
Nice to have you onboard, andrei1982 October 13, 2017, 08:12:02 AM
should i stay with OAX or they're done ? i see no progress and i seriously thinking to sell all coins. any thoughts ?
thanks
thanks
Hi andrei 1982, you to decide
I'd recommend you to check the Dev AMA #1 transcript, quite a lot of info for consideration:
https://medium.com/@OAX_Foundation/oax-development-ama-1-transcript-a02a173ccd8b
Also 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
October 13, 2017, 07:42:37 AM
should i stay with OAX or they're done ? i see no progress and i seriously thinking to sell all coins. any thoughts ?
thanks
thanks
Hi andrei 1982, you to decide
I'd recommend you to check the Dev AMA #1 transcript, quite a lot of info for consideration:
https://medium.com/@OAX_Foundation/oax-development-ama-1-transcript-a02a173ccd8b
Also 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
October 13, 2017, 06:45:34 AM
should i stay with OAX or they're done ? i see no progress and i seriously thinking to sell all coins. any thoughts ?
thanks
thanks
October 12, 2017, 06:38:30 PM
OAX Welcomes Cerulean Hu officially to the Dev coalface!
Cerulean Hu, Development. Cerulean brings a wealth of experience to the project’s development team.
She has been developing in the blockchain space since 2013, and has experience in BTC, Multichain,
Hyperledger/Fabric and large scale deployments.
https://www.linkedin.com/in/cerulean-hu-landan-hu-21834226/
https://www.linkedin.com/in/onetom/
https://medium.com/@OAX_Foundation/oax-development-ama-1-transcript-a02a173ccd8b
https://twitter.com/OAX_Foundation/status/918292002743074816
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October 12, 2017, 03:25:17 PM
This coin is good but it is so much dependent of volatility even when the payouts were not made for signature hunters the price was 0.66$ as soon as payouts were sent the price crashed to 0.45 USD, are only bounty hunters using this token?
Bounties are free money to those who collect them. I guess most of it will be dumped right away and therefore bring about some price pressure. But that is temporary.
I agree with you the amount bounty hunters have is not so high to worry about, not the market is red for many project, especially for long term, so OAX looks not that bad, in case it was the only one I would worry, I just wait for any updates when the prototype will be ready and to see at least the screens and to get the idea how it will look like, I'm curious.
October 12, 2017, 05:46:39 AM
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:
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October 11, 2017, 09:25:06 PM
This coin is good but it is so much dependent of volatility even when the payouts were not made for signature hunters the price was 0.66$ as soon as payouts were sent the price crashed to 0.45 USD, are only bounty hunters using this token?
Bounties are free money to those who collect them. I guess most of it will be dumped right away and therefore bring about some price pressure. But that is temporary.
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?
October 11, 2017, 10:09:14 AM
This coin is good but it is so much dependent of volatility even when the payouts were not made for signature hunters the price was 0.66$ as soon as payouts were sent the price crashed to 0.45 USD, are only bounty hunters using this token?
Bounties are free money to those who collect them. I guess most of it will be dumped right away and therefore bring about some price pressure. But that is temporary.
Hello mv1986, you are thinking quite right of in theory, but in practice the influence of Bounty payments is very low. Let me prove this.
1. OAX daily trade volume = near 300K OAX (https://coinmarketcap.com/currencies/oax/)
2. Bounty tranche = near 10K, most bounty hunters believe in the project and prefer to keep OAX, so, don't know, maybe up to some tens % decided to sell tokens right here right now. Let's concider 3K OAX.
3. 3K to 300K = 1%
I think the influence of 1 additional percent during 1 day is equal to almost zero. And can be not counted at all.
Oh I am actually quite on your side. I also don't think that the impact is anywhere near significant. But when the bounties get released, it is possible that if everybody more or less dumps it at once, then there is a tiny impact. And your calculation shows that it's most likely negligible. A coin with good demand should be able to cope with that.
October 11, 2017, 07:20:09 AM
OAX Hosting the 1st Digital Payments Working Group Nov 8th
Seeking "Expressions of Interest" from fintech, payments & exchange firms
Contact Liam Bussel on OAX Slack @ipbatoax.
https://twitter.com/OAX_Foundation/status/918017520480612352
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October 11, 2017, 04:17:44 AM
Anx for all my trading years have always been centralized! The exchange proved to be one of the best in Asia! This decentralise project is only telling anybody that care to observe only one thing! Decentralized exchange is the future! There are dex poping up everywhere now, but the good ones with next to nothing fee will win!
Ineed.
I believe ystday RadarRelay went live, but the fee is way too high and for that reason I will not use the platform.
Like you said: "the good ones with next to nothing fee will win".
Lets hope OAX gets this.
Those "decentralized exchanges" are not really "decentralized". They look decetralized but they are actually centralized by design. Anything with a web access is.
There was a paper somewhere explaining why these so called decentralized exchanges weren't really decentralized.
October 11, 2017, 04:09:52 AM
Anx for all my trading years have always been centralized! The exchange proved to be one of the best in Asia! This decentralise project is only telling anybody that care to observe only one thing! Decentralized exchange is the future! There are dex poping up everywhere now, but the good ones with next to nothing fee will win!
If you really believe that decentralized exchanges is our future you should check this thread
https://bitcointalksearch.org/topic/anncryptobridgebcogateway-to-bitshares-released-now-beta-2015949
October 11, 2017, 04:01:15 AM
Anx for all my trading years have always been centralized! The exchange proved to be one of the best in Asia! This decentralise project is only telling anybody that care to observe only one thing! Decentralized exchange is the future! There are dex poping up everywhere now, but the good ones with next to nothing fee will win!
Ineed.
I believe ystday RadarRelay went live, but the fee is way too high and for that reason I will not use the platform.
Like you said: "the good ones with next to nothing fee will win".
Lets hope OAX gets this.
October 10, 2017, 11:43:01 PM
Anx for all my trading years have always been centralized! The exchange proved to be one of the best in Asia! This decentralise project is only telling anybody that care to observe only one thing! Decentralized exchange is the future! There are dex poping up everywhere now, but the good ones with next to nothing fee will win!
October 10, 2017, 11:37:13 PM
This coin is good but it is so much dependent of volatility even when the payouts were not made for signature hunters the price was 0.66$ as soon as payouts were sent the price crashed to 0.45 USD, are only bounty hunters using this token?
Bounties are free money to those who collect them. I guess most of it will be dumped right away and therefore bring about some price pressure. But that is temporary.
Hello mv1986, you are thinking quite right of in theory, but in practice the influence of Bounty payments is very low. Let me prove this.
1. OAX daily trade volume = near 300K OAX (https://coinmarketcap.com/currencies/oax/)
2. Bounty tranche = near 10K, most bounty hunters believe in the project and prefer to keep OAX, so, don't know, maybe up to some tens % decided to sell tokens right here right now. Let's concider 3K OAX.
3. 3K to 300K = 1%
I think the influence of 1 additional percent during 1 day is equal to almost zero. And can be not counted at all.
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