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Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 55. (Read 135283 times)

sr. member
Activity: 294
Merit: 251
I don't understand one thing same project looks very good during crowdfunding era even people know the goals can't be achieved immediately after the launch and listing at different exchanges. It has become common to know for everyone that in short term price drops then too people are loosing patience and start shouting that team didn't deliver. This is very common in every project not only in this one.

Yes, you are right! It takes too long to make any profit fron the project. and we really have to wait till it has really good results
legendary
Activity: 2058
Merit: 1166
Wow, I got into this in the very right moment. I wouldn't be sad if it keeps rising! Wink volume is pretty healthy, too, good signs!
member
Activity: 70
Merit: 10
Ico price was 0.75 USD and after a long bear now OAX team are back into action..it's called strong base.
Go go go OAX.

don't listen to that guy he is a scammer and thief and stole my account....check his feedback it was proven but the admins still let him keep it
full member
Activity: 434
Merit: 101
Ico price was 0.75 USD and after a long bear now OAX team are back into action..it's called strong base.
Go go go OAX.

Great turn from OAX. That made my day  Cheesy
sr. member
Activity: 405
Merit: 250
Ico price was 0.75 USD and after a long bear now OAX team are back into action..it's called strong base.
Go go go OAX.
hero member
Activity: 966
Merit: 501
It's nice to see the price is going back up lately.
As a decent project backed by a strong team, it should be priced much higher. Just hold it.
legendary
Activity: 1274
Merit: 1006
It's nice to see the price is going back up lately.
sr. member
Activity: 546
Merit: 250
I have bought already few days ago and now will keep them holding and let myself flowing with the waves to take my investment where it is going for. It is long termed project which needs lot of work to done in order to attract real volume once it will be completed. How user friendly it will be that will make the real difference.

I'm wondering when the team will provide at least the screen-shots how do they design or plan to build prototype and when we will know who are in the working group?

1.

Video explaining everything:
https://www.youtube.com/watch?v=PbwaFQ2r2c4&feature=youtu.be&t=19

2. Brief introduction of core engineers
https://www.youtube.com/watch?v=JuvJwe_6Byk

3. There was such statement on Sep, 22
"Today we are proud to announce OAX project is taking a step forward, introducing OAX working group, which the Foundation will invite entities across payment/ legal /exchanges industries. The project development is right on track, stay tuned for further update!"
I'd add that the Working Group Signup is planed on the Q4 2017 according to "milestones" on the site, closer to December i think.  

4. OAX Dev AMA #1 - Project Discussion "Roadmap and Development" on 4th October 2017 7AM HKT/7PM EST/12 AM GMT
Welcome to our Slack, invitation below.


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

Thank you,  quite a full response. SO did I understand correctly you have a few developers for now? Also I wanted to mention that time to time you have this scam, so checked slack, it is not so active, hope you can provide more interaction with the community via slack or twitter, as not so much activity imho.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
Hello
I have a question regarding myetherwallet and its security. I access my myetherwallet that has my OAX coins using the "Private Key" option, here is my question: if somebody get the private key, will it be enough to steal my OAX coins? If yes, is there a way to secure a bit more my OAX coins? Thank you
- evolvion

Hi evolvion,

"Private Key (unencrypted). If someone were to find your unencrypted private key, they could access your wallet without a password"
"JSON File (unencrypted) -- deprecated. This means you do not need the password but anyone who finds your JSON can access your wallet & Ether without the password"
https://myetherwallet.groovehq.com/knowledge_base/topics/what-are-the-different-formats-of-a-private-key

Here are common MEW security recommendations:
https://myetherwallet.groovehq.com/knowledge_base/topics/protecting-yourself-and-your-funds

More about Private keys:
https://myetherwallet.groovehq.com/knowledge_base/categories/importing-and-different-key-types

I'd recommend you to learn the question and use at least Keystore File (UTC / JSON). Anyway you to decide.

Recommendation from Cryptocompare:
"We recommend you use the Keystore (encrypted) feature, which provides an additional layer of security to your wallet"
https://www.cryptocompare.com/wallets/guides/how-to-use-myetherwallet/
newbie
Activity: 25
Merit: 2
Hello
I have a question regarding myetherwallet and its security. I access my myetherwallet that has my OAX coins using the "Private Key" option, here is my question: if somebody get the private key, will it be enough to steal my OAX coins? If yes, is there a way to secure a bit more my OAX coins? Thank you
- evolvion
full member
Activity: 347
Merit: 100
CMC Community
I'm +/- 0 on where I was when I first bought OAX and don't think about selling even if it drops further. There was nothing to show back when I bought and I actually didn't understand at all why OAX was pumping to begin with, I never expected it to go anywhere before there's an actual product. If you fell for the fomo, and if you are at 50% loss now you did because the ICO price was $0.75 and it's now $0.50, I don't really feel sorry. They always said there wouldn't be anything to show before 2018, so you basically made a seed stage venture capital investment. Start crying when they fail to deliver until the end of 2018, and even then, VC always has a chance of total failure, so get over it.
Of the many projects I'm currently invested in, most are still trading around or below ICO price, the few that lifted off totally make up for that though and the others just have to release an actual product first.
Don't invest if you're not an investor. If you start yelling scam after a few weeks or months, you're better of trading. If your bags are heavy now, you failed to trade.
legendary
Activity: 1372
Merit: 1001
I don't understand one thing same project looks very good during crowdfunding era even people know the goals can't be achieved immediately after the launch and listing at different exchanges. It has become common to know for everyone that in short term price drops then too people are loosing patience and start shouting that team didn't deliver. This is very common in every project not only in this one.
newbie
Activity: 15
Merit: 0
Hi OAX. Do you care that people lost money in OAX? Any single person who invested in your ICO has half their money. You pumped it and had images of moons and were saying the price was beautiful when it hit $2. When it tanked you posted charts saying that investments will always go up and that capitulation of a falling asset was a mistake, all while it continued to fall. You made no effort to get this on a decent exchange or do decent marketing. All your social media channels are filled with FUD and negativity. How do you plan on addressing this? How will you inspire anyone who holds OAX or wants to participate in this project? Did you guys take the funds and run? Are you going to keep posting medium posts and telling us "oh we'll have code and a product, we're working on it!" without showing any actual REAL progress?

If you have some legal contracts for KYC you're agreeing on, show us. If you have some code show us. Don't show us a roadmap, show some progress. Or else you just took the 20 million and ran off with it.
sr. member
Activity: 560
Merit: 256
Market Integration Platform
... They have plenty of managers and such kind of non-productive personnel and they have one coder and one developer...

The real trouble with using a lot of mediocre programmers instead of a couple of good ones is that no matter how long they work, they never produce something as good as what the great programmers can produce.

Five Antonio Salieris won’t produce Mozart’s Requiem. Ever. Not if they work for 100 years.


https://www.joelonsoftware.com/2005/07/25/hitting-the-high-notes/

Was rereading this famous article, karjatu, and remembered your words about "one coder and one developer". Smiley

One of the new OAX "coders": https://www.linkedin.com/in/onetom/

Welcome to ask questions to onetom, Hugh Madden, CTO, Liam Bussel, Head of Marketing and other team members during our AMA, invitation to Slack below

OAX Dev AMA #1 - Project Discussion "Roadmap and Development" on 4th October 2017 7AM HKT/7PM EST/12 AM GMT


WEBSITE | WHITEPAPER | YOUTUBE | SLACK | TWITTER | MEDIUM | REDDIT | WECHAT | TELEGRAM
legendary
Activity: 1274
Merit: 1006
Agree that team should raise our rewards.
The price fell down hard, and current reward is straight absurd.
newbie
Activity: 51
Merit: 0
This project was a quick buck candy for DEV. They sugared the project and when it hit on Liqui exchange, They powered the coin with a PUMP, after when real people started buying it it went down like 0.4$ which is below the floor price. Infact a good project should at least maintain its floor price, no matter in terms of BTC but at least USD value should be maintained.
Now as team has filled the pocket with money after dump they are looking to get the coin get its value organically.
Moreover who the hell pays a hero member with 120$ for a month ~ 0.03 BTC , even a Bloth ICO in service section is paying 0.025BTC for a week to hero/legendary members and it becomes 0.1 BTC ~400$ a month, which is worth of time. Clearly the team wants maximum output at least cost.
legendary
Activity: 1070
Merit: 1021
Hello OAX team, The bounty pool that you have kept is quite bad as the price of OAX is hitting the bottom and even it is too below the ICO. Instead of Giving a fixed amount of OAX to participants you should give shares or stakes per week as it will be then fair for people who are advertising you the whole month, as i am a participants and comparing to the reward that we will get after a month is too way far less. I see chronological team and other teams who have given 26 ETH ( in terms of coins) to legendary participants for a month. whereas OAX will not let a hero member get more than 120$ at this price.
Its my request to consider the stakes instead of fixed amount.

And proportional distribution absolutely fair for all.

Hello OAX team, The bounty pool that you have kept is quite bad as the price of OAX is hitting the bottom and even it is too below the ICO. Instead of Giving a fixed amount of OAX to participants you should give shares or stakes per week as it will be then fair for people who are advertising you the whole month, as i am a participants and comparing to the reward that we will get after a month is too way far less. I see chronological team and other teams who have given 26 ETH ( in terms of coins) to legendary participants for a month. whereas OAX will not let a hero member get more than 120$ at this price.
Its my request to consider the stakes instead of fixed amount.
Haahaa..I agree with what you are saying. I made a good profit from chronologic bounty. This campaign is just waste of time as you are being paid very less as compared to counterparts.
Good luck.

Good point.
The team should consider this and raise a bit our rewards.


with the price going down the hill it is really a wise thing to go with the stake system but the OAX team are filthy guys i dont think they will accept the proposal of yours, but lets see..if they do it i will join in next round but i hardly think they will have any OAX left for the bounty pool now  Kiss

Gosh, thanks for the input.

Actually, I'm pretty sure if you apply for the bounty next month, we might not accept you.
Lol... By filthy I meant was to criticize in a positive way, I did not meant to abuse anyone in team.
Though I will never apply for the campaign here or may be in any signature as I have a very busy schedule and signature campaign money is not my livelihood.

No problem Admiral! I showered today and everything!  Wink
Thanks for the info @ANX Marketing , so we will receive 20% bonus this month?? I am kinda loyal to OAX as i have purchased 1.7 BTC worth OAX when the price was 2.2$ and now 0.4$  Roll Eyes Roll Eyes Roll Eyes , Just wondering how much would i could buy OAX at this time with 1.7 BTC.
Sometime hope for best is lost, I pray that you will average your loss. really man now its difficult for OAX to get that price in 2017 but nothing is permanent, Hope you have learnt the lesson of not to buy in flow.
@Team you guys really need to influence the price as this thread is now losing interest.
Anyways go go go OAX : MOON

A hero member will get 300*0.4$ = 120$ for a month  Grin, Looks like we are in Nigeria. ( No offense )
member
Activity: 115
Merit: 10
Hello OAX team, The bounty pool that you have kept is quite bad as the price of OAX is hitting the bottom and even it is too below the ICO. Instead of Giving a fixed amount of OAX to participants you should give shares or stakes per week as it will be then fair for people who are advertising you the whole month, as i am a participants and comparing to the reward that we will get after a month is too way far less. I see chronological team and other teams who have given 26 ETH ( in terms of coins) to legendary participants for a month. whereas OAX will not let a hero member get more than 120$ at this price.
Its my request to consider the stakes instead of fixed amount.

And proportional distribution absolutely fair for all.

Hello OAX team, The bounty pool that you have kept is quite bad as the price of OAX is hitting the bottom and even it is too below the ICO. Instead of Giving a fixed amount of OAX to participants you should give shares or stakes per week as it will be then fair for people who are advertising you the whole month, as i am a participants and comparing to the reward that we will get after a month is too way far less. I see chronological team and other teams who have given 26 ETH ( in terms of coins) to legendary participants for a month. whereas OAX will not let a hero member get more than 120$ at this price.
Its my request to consider the stakes instead of fixed amount.
Haahaa..I agree with what you are saying. I made a good profit from chronologic bounty. This campaign is just waste of time as you are being paid very less as compared to counterparts.
Good luck.

Good point.
The team should consider this and raise a bit our rewards.


with the price going down the hill it is really a wise thing to go with the stake system but the OAX team are filthy guys i dont think they will accept the proposal of yours, but lets see..if they do it i will join in next round but i hardly think they will have any OAX left for the bounty pool now  Kiss

Gosh, thanks for the input.

Actually, I'm pretty sure if you apply for the bounty next month, we might not accept you.
Lol... By filthy I meant was to criticize in a positive way, I did not meant to abuse anyone in team.
Though I will never apply for the campaign here or may be in any signature as I have a very busy schedule and signature campaign money is not my livelihood.

No problem Admiral! I showered today and everything!  Wink
Thanks for the info @ANX Marketing , so we will receive 20% bonus this month?? I am kinda loyal to OAX as i have purchased 1.7 BTC worth OAX when the price was 2.2$ and now 0.4$  Roll Eyes Roll Eyes Roll Eyes , Just wondering how much would i could buy OAX at this time with 1.7 BTC.

Ouch! I'm sorry! China markets and the bounty dump followed by regulation was just something we were unable to anticipate. I think we were going to do it for October for people that carry over.  Does that make sense?
legendary
Activity: 1386
Merit: 1001
Hello OAX team, The bounty pool that you have kept is quite bad as the price of OAX is hitting the bottom and even it is too below the ICO. Instead of Giving a fixed amount of OAX to participants you should give shares or stakes per week as it will be then fair for people who are advertising you the whole month, as i am a participants and comparing to the reward that we will get after a month is too way far less. I see chronological team and other teams who have given 26 ETH ( in terms of coins) to legendary participants for a month. whereas OAX will not let a hero member get more than 120$ at this price.
Its my request to consider the stakes instead of fixed amount.

Hi Guys, thanks for the suggestion, we are aware that the price went down during the month, we are sitting down to check the bounty structure today and see what we come up with. Our thinking was that all first cohort (Septmber bounty members) who continue for October get an automatic 20% increase, while new members stay at the same rates. Next month (November) rates would jump again for 1st cohort by another 20% (for a total of 40%) and 2nd cohort goes up 20%.

This was our thinking. We'll talk more details today, but the input is very helpful, thanks for the feedback.
The altcoins that are ethereum based are quite prone to fluctuations like this. Frankly I feel that it was the team who hyped the coin just when it launched liqui.
Though I really appreciate the work the team has put into the oax coin by keeping the community informed for every action of the team.
I will surely join this campaign if it continues ...
legendary
Activity: 2058
Merit: 1166
Because the roadmap isn't very specific to begin with, but at least they haven't missed any deadlines so far from what I see.
The hardest part will be legal aspects, see https://medium.com/@OAX_Foundation/oax-project-q4-roadmap-update-legal-and-regulatory-stream-8d9a3d4671a2


Makes sense to some degree. But the coding should by no means be underestimated, too. So many people claim to be able to build the greatest applications, and often times...
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