Topic: [ANN][TOKEN]RED (MWAT) - Energy Trading Platform by EU Provider. Presale LIVE. - page 85. (Read 56410 times)

Binance and poloniex are at a different level, and okex is a platform with a much lower volume/transactions than those 2,definetly. Nevertheless, okex is a safe platform for any kind of transactions.

Well, poloniex is a really safe platform too, but binance is probably number 1

No doubt. Binance is the biggest trading platform nowadays,and it has the most secured transactions.

I have a question : Is binance a better environment than Poloniex or Okex  ?

I don't mind. I bought RED coins for 5 ETH. If they successfully get listed on okex soon,i will buy even more.

I am crossing my fingers,the coin will receive a significant boost in its price, since they will get more " playgrounds " to transact the coin

Since they did on kucoin,it might be an option.

So what do you guys think, is RED gonna succeed in reaching top 3 as coin in other exchanges ?

Likewise. They barely got listed on kucoin,i think next step might be okex.

You can give credit to whatever you want,it's ur own money, after all.

Is RED going to be listed on binance ? That's what I've heard

Just read the whitepaper.

Price looks good and I am considering buying but I think I don't understand fully how RED MWAT works and why it's important. Can somebody please explain this in just a few blond-proof sentences ?

Dunno why people are selling their tokens,its clearly a dump for big whales to buy more ..

Do you know when it's going to be listed on other big exchanges like  Binance or Bittrex ? 

I'm not gonna invest until I read the withepapaer, do you have a link to it ?

Just made an account on Kucoin for this coin

Have you guys traded MWAT since it was listed on Kucoin ?

I think token price just after ICO when its trading starts more is a function of ICO condition than fundamentals.

It is an extremely regulated country. It has a high degree of welfare paid by high taxes, which means that everything capable of turning a profit, eventually will be subject to taxation. The taxation council is currently undergoing an investigation whether cryptocurrencies should be treated as such. The previous decision made in 2014 was a no, as the council didn't find cryptocurrencies objects of speculation. That has changed since 2014, which means profits related to cryptocurrencies most likely will be undergoing taxation soon, which again shows how regulated the country is.

Another example is related to my previous post. Both the electricity and phone grid are owned by big public companies, but for many years with the state as the main share holder. In the recent years the state has sold out their shares - Ørsted to Goldman Sachs for instance - but the long tradition with the state as main share holder, and therefore the owner of the grids, has created a monopolized society that is highly regulated.

This also means that RED will have quite a hard time gaining ground in Denmark, as Ørsted, the owner of the grid, a multi-billion dollar public company, pretty much can refuse to let RED use the grid if the price is too low. But why would cheap energy in Denmark not be a good thing? Because the state has decided that competition has to be regulated. If something is too cheap, you make it subject to taxation. This means that RED will most likely undergo expenses regarding distribution to Ørsted, and taxation paid to the state, which means that RED will end up costing the consumer the exact same as the locally supplied electricity.

Several providers of electricity have tried it before. The only difference for the consumer is that they will now receive two invoices to pay instead of one. One for the electricity and one for the distribution. This is an annoying detail for the consumer, which means pretty much everyone end up staying with Ørsted, as the workload increases two-fold, while the money saved equals zero.

Can you see where I am going...?