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Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 51. (Read 135283 times)

full member
Activity: 462
Merit: 100
Abandon all hope — Ye Who Enter Here
sr. member
Activity: 560
Merit: 256
Market Integration Platform
seems i\m gonna stay for a while Smiley
Nice to have you onboard, andrei1982 Smiley
full member
Activity: 462
Merit: 100
Abandon all hope — Ye Who Enter Here
sr. member
Activity: 560
Merit: 256
Market Integration Platform
should i stay with OAX or they're done ? i see no progress and i seriously thinking to sell all coins. any thoughts ?
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
full member
Activity: 462
Merit: 100
Abandon all hope — Ye Who Enter Here
should i stay with OAX or they're done ? i see no progress and i seriously thinking to sell all coins. any thoughts ?
thanks
sr. member
Activity: 560
Merit: 256
Market Integration Platform



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


WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM
sr. member
Activity: 546
Merit: 250
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.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
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  
sr. member
Activity: 1022
Merit: 340
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.
That's right. Just wondering how long it will last if temporarily. The project is still new and I have not much hope for more growth right now. The next year may increase the price see.
sr. member
Activity: 308
Merit: 250
Machine Learning & AI - Trustless Ledger System
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?
legendary
Activity: 2058
Merit: 1166
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.
sr. member
Activity: 560
Merit: 256
Market Integration Platform



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


WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM
sr. member
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
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.
sr. member
Activity: 252
Merit: 250
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 Wink
https://bitcointalksearch.org/topic/anncryptobridgebcogateway-to-bitshares-released-now-beta-2015949
legendary
Activity: 1274
Merit: 1006
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.
sr. member
Activity: 938
Merit: 251
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!
sr. member
Activity: 404
Merit: 250
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.
Yes, that is convinced, most bounty hunters may keep their tokens since they know its value and will choose to support it in my opinion.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
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.
legendary
Activity: 2058
Merit: 1166
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.
newbie
Activity: 25
Merit: 2
No BOScoin? What a joke.
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