At the moment, the cryptocurrency market is experiencing very difficult times, and such projects are losing relevance. But I believe that this project can survive.
I have my utmost belief that jarvis exchange will survive the current situation because their idea and platform is solid.
I believe that, too. I think it was a good idea to split the TGE and have the mainsale only in March when hopefully the market situation will have changed for the better.
Well, it is more to get more time to build a community of supporter; I do not think market conditions will be better in march; but this is only my personal opinion.
I really hope for a positive ETF-decision before march.
If this dont help to see 10k/BTC again that would really be a tragedy.
How can it help the BTC to go higher?
What makes BTC goes up? Order book exchanges... Question: how many volume are done in exchange without orderbook (darkpool) ? OTC deal ? You know when I started to work with Jarvis, I was hoping that we could live in an utopian world... but then I saw the reality... greed have stolen the bitcoin idea from Satoshi; he wanted to create something else, an alternative, but finally human being has taken his creation for just profit.
For the last two years I have witness things that are not normal : everyday, huge amount of BTC are sold from 4 to 9% below the market price, in OTC, for few millions; for what? To sell them at the market price on several exchanges... I have also seen companies providing crypto exchange for the unique goal to use the liquidity of retails to pass big order of whales...
If ETF arrives, people will buy BTC because they might think BTC will rise. But Maybe ETF liqudity will come from somewhere else: huge liquidity pool, OTC deal, darkpool. So maybe it will have not a real impact on the BTC price as the ETF manager will maybe not use normal exchange, but only institutionnal one, to pass their trades.
Maybe I am wrong of course